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Business & Finance

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Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Liquid Wind receives €3.6 million boost for e-fuel project in Sweden

Swedish e-fuel plant developer Liquid Wind has been granted €3.6 million (SEK39 million) in funding for its e-methanol project in Örnsköldsvik.

about 9 months ago
Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas
Business & Finance

Rig and drilling site search next on Inpex’s deepwater oil & gas exploration agenda in Malaysia

Seascape Energy Asia, a wholly owned subsidiary of Southeast Asia-focused E&P company Seascape Energy, has confirmed the green light for the entry into the second exploration phase of a production sharing contract (PSC) for a deepwater block, operated by Japan’s Inpex, enabling the drilling of a pro

about 9 months ago
Culzean field in the North Sea. Source: TotalEnergies
Business & Finance

Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (U

about 9 months ago
Calcasieu Pass terminal; Source: Venture Global
Business & Finance

BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.

about 9 months ago
Noble Regina Allen jack-up rig; Credit: Mammoet/Damen
Business & Finance

Chevron gearing up for drilling ops with Noble rig offshore Suriname

Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Domino effect of recent permit reversal: Uncertainty envelops another African block’s development

After the Western Cape High Court’s decision to ax environmental authorization for oil and gas offshore drilling activities planned in Block 5/6/7, Canada-headquartered oil and gas exploration company Africa Energy has embarked on talks to find out what is required for an environmental and social im

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Multiple Solstad anchor handlers, one CSV secure contracts totaling 700 days

Norway’s Solstad Maritime has secured new contracts for several anchor handling tug supply vessels (AHTS) and a construction support vessel (CSV) that combined have a firm duration of approximately 700 vessel days. The AHTS Normand Saracen and Normand Scorpion have been awarded contracts with an und

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Bechtel takes a deep dive into tragic incident with three fatalities at US LNG project

Bechtel Energy, an American engineering, procurement, construction, and project management player, has shed light on a fatal incident in which three workers lost their lives and two were injured while working on a liquefied natural gas (LNG) export terminal under development in the Lone Star State,

about 9 months ago
Harmony platform; Source: Sable Offshore
Business & Finance

Texas-based oil & gas firm demands $347M in damages from Golden State over pipeline halt

As a pipeline shutdown saga continues in California, Sable Offshore, a Texas-headquartered oil and gas company, is looking to get hundreds of millions in damages as part of the escalation of its dispute with the California Coastal Commission.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

TDI-Brooks to mobilize vessel this quarter for survey offshore Jamaica

Ireland-headquartered oil & gas company United Oil & Gas has signed a non-binding Memorandum of Understanding (MoU) with U.S.-headquartered TDI-Brooks International to secure a specialist survey vessel for a planned survey program offshore Jamaica. TDI Brooks‘ survey vessel Gyre will perform a pisto

about 9 months ago
ETAP facility in the North Sea; Source: BP
Business & Finance

BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

about 9 months ago
Map of blocks offshore Uruguay
Business & Finance

Consolidation continues across oil & gas realm as Sintana makes a play for Challenger

Canada-headquartered oil and natural gas exploration player Sintana Energy has put the wheels in motion to spread its wings to Uruguay’s oil and gas arena by bringing into its fold Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company.

about 9 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Former SBM Offshore CEO joins Yinson Production board

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has appointed a former Chief Executive Officer (CEO) of the Netherlands-headquartered SBM Offshore to its board of directors to reinforce its growth strategy.

about 9 months ago
Deepsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 9 months ago
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