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Business & Finance

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Gorgon project; Source: Chevron
Business & Finance

$1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security.

about 9 months ago
LNG Canada
Business & Finance

JGC and Fluor cheer handover of second train at Canada’s mega LNG export project

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Japan’s JGC Holdings Corporation and its joint venture (JV) partner, Fluor Corporation, have wrapped up their work on the second train at a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by LNG Canada, a joint venture company encompassing Shell,

about 9 months ago
FPSO Anoa Natuna works in the Natuna Sea offshore Indonesia; Source: Harbour Energy
Business & Finance

Harbour Energy offloads offshore gas assets in Southeast Asia

London-listed oil and gas company Harbour Energy has set the wheels in motion to divest natural gas assets off the coast of Indonesia for a cash consideration of $215 million.

about 9 months ago
Six-year deal with Nexans takes Enshore Subsea to TenneT’s offshore grid projects
Business & Finance

Six-year deal with Nexans takes Enshore Subsea to TenneT’s offshore grid projects

UK-based Enshore Subsea has secured three initial projects for offshore grid systems in Germany under a six-year framework agreement with French cable systems designer and manufacturer Nexans. Enshore Subsea is responsible for installing the Wadden Sea sections of the submarine cable system for the

about 9 months ago
Man pointing at offshore platform
Business & Finance

‘Largest UK independent oil & gas producer’ arises with TotalEnergies-NEO NEXT upstream merger

French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leadi

about 9 months ago
EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site
Business & Finance

Europe urged to step-up its renewable hydrogen game

The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders

about 9 months ago
20,000 CBM LNG bunkering vessel – AiP granted by DNV; Source: Deltamarin
Business & Finance

Thumbs-up for Deltamarin’s five eco-efficient vessel designs from DNV and Lloyd’s Register

Finland’s marine engineering player Deltamarin has secured multiple approvals in principle (AiPs) from DNV and Lloyd’s Register (LR) for its next-generation vessel designs that come with a range of innovative concepts, including hybrid and wind-assisted propulsion solutions, enhanced safety redundan

about 9 months ago
Taiwan’s first offshore power cable factory inaugurated (Gallery)
Business & Finance

Taiwan’s first offshore power cable factory inaugurated (Gallery)

A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, December 6, in K

about 9 months ago
ASRY signs agreements with Fincantieri and Roboze
Business & Finance

Fincantieri, Roboze, and ASRY pool resources to bolster maritime scene in Arabian Gulf

Two Italian players, Fincantieri and Roboze, have joined forces with Arab Shipbuilding & Repair Yard (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to strengthen maritime capabilities in the Gulf.

about 9 months ago
Rendering of Alaska LNG plant
Business & Finance

$44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.

about 9 months ago
Masirah Oil
Business & Finance

Funding in place for multi-well offshore drilling campaign to boost oil flow rates

Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has revealed a multimillion-dollar bond issue, which will enable it to undertake a drilling campaign off the coast of Oman to augment oil production.

about 9 months ago
BGP Prospector 3D seismic vessel; Source: BGP Offshore
Business & Finance

TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters

Norwegian/American energy data and intelligence player, Tomlinson Geophysical Services (TGS), has kicked off a seismic survey in the shallow offshore area off the coast of Saramacca and Coronie to find oil and gas reserves as part of a joint project with Suriname’s national oil company (NOC) Staatso

about 9 months ago
Goliat; Source: Var Energi
Business & Finance

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

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

Double win for Equinor in North Sea as two gas and condensate discoveries spring up

Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European marke

about 9 months ago