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Business & Finance

Saipem gives out €8.5M contract to compatriot NextGeo for work offshore Libya

Italy’s Next Geosolutions (NextGeo) has won a €8.5 million contract with compatriot engineering, drilling, and construction services giant Saipem for survey and support to installation activities for an offshore gas project in North Africa. NextGeo will deploy the vessels NG Worker and NG Surveyor t

about 10 months ago

New Asso.subsea cable layer to sport automation system from Finnish company

Business & Finance

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New Asso.subsea cable layer to sport automation system from Finnish company

Greece’s Asso.subsea has placed an order with a firm headquartered in Finland for an Integrated Automation System (IAS) to be delivered for its DP 2 cable-laying vessel (CLV) currently being built in China. Valmet will supply its automation technology for the vessel named Althea, which the China Mer

about 10 months ago

Business & Finance

Svitzer buys into Norwegian maritime services company

Denmark-based towage service provider Svitzer has acquired a majority stake in Norwegian maritime services company Buksér og Berging.

about 10 months ago

Subsea mooring installation call keeps DOF vessel offshore Australia

Business & Finance

DOF gets call from the Atlantic from BP

Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and

about 10 months ago

Business & Finance

GreenH making strides in developing green hydrogen projects

Taking the next step in the development of green hydrogen hubs, Norwegian company GreenH has selected compatriot Nel ASA as the technology provider for its projects in Kristiansund and Slagentangen.

about 10 months ago

Business & Finance

Large contract win gives Ocean Installer more work with Vår Energi

Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a contract defined as large with compatriot oil & gas player Vår Energi for the Balder Next development. Under the contract that is expected to bring NOK 1-2 billion ($98-$196 m

about 10 months ago

Business & Finance

Port of Newcastle taps HPC to drive Clean Energy Precinct project forward

Australia’s Port of Newcastle has appointed German port and logistics consultancy HPC Hamburg Port Consulting to develop a final business case for its Clean Energy Precinct (CEP) project.

about 10 months ago

Business & Finance

Canada’s first large-scale LNG export project firing on all cylinders as it ignites second train

LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has put into operation mode the second train at its liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia.

about 10 months ago

Business & Finance

WATCH: NKT Eleonora parts to come together in Tulcea

The aftship of NKT’s new cable-laying vessel (CLV) NKT Eleonora has arrived at another Vard shipyard in Romania to be connected to the foreship and superstructure. To remind, NKT Eleonora entered the water for the first time in mid-October following the launch of its aftship at VARD’s shipyard in Br

about 10 months ago

Business & Finance

Equinor gearing up to spud Barents Sea wildcat with COSL rig

Norway’s state-owned energy giant Equinor has obtained the all-clear from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 10 months ago

Rio Grande LNG terminal; Courtesy of NextDecade

Business & Finance

Another task at $31.8 billion US LNG project lands on Baker Hughes’ plate

U.S.-headquartered energy technology giant Baker Hughes has more work to grind through at a liquefied natural gas (LNG) export project in Texas, as it has been hired to provide the primary liquefaction equipment for another segment of this multibillion-dollar undertaking in the United States.

about 10 months ago

Nigeria LNG; Source: Oil and Gas Free Zones Authority (OGFZA)

Business & Finance

Shell turns to Halliburton for integrated drilling and completion work offshore Nigeria

U.S.-headquartered oilfield services player Halliburton has landed a new assignment off the coast of Nigeria with Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of the UK-headquartered Shell, in collaboration with its joint venture partner, Sunlink Energies.

about 10 months ago

Business & Finance

US firm wraps up 180-day survey campaign offshore Mozambique

Florida-headquartered marine environmental consulting firm CSA Ocean Sciences (CSA) has performed an environmental baseline survey (EBS) off the coast of Mozambique for what it says is a major oil & gas company. CSA’s project scope included water column profiling, environmental sampling, seafloor im

about 10 months ago

Business & Finance

ExxonMobil entrusts multimillion-dollar gig off Canada to Aker Solutions

Norway-based energy services provider Aker Solutions has won a multi-year brownfield services assignment with ExxonMobil Canada, a subsidiary of the U.S.-headquartered energy giant ExxonMobil.

about 10 months ago