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Business & Finance

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Fossil EnergyOil & GasBusiness Developments & ProjectsProject & TendersVesselsLiquefied Natural GasAlternative FuelsClean FuelElectricGreen MarineShipbuildingCollaborationInfrastructureOutlook & StrategyExploration & ProductionRigsPipesProduction & ProcessingSubseaEquipmentAuthorities & GovernmentRegulation & PolicyHuman CapitalFPSO & VesselsOffshore WindDecommissioning
VIking Lady; Source: Eidesvik Offshore
Business & Finance

Eidesvik’s vessel duo remains on duty with Norwegian oil & gas player

Norwegian offshore vessel owner Eidesvik Offshore is continuing its assignment with Aker BP, a compatriot oil and gas company, thanks to extensions of deals for two of its platform supply vessels (PSVs).

about 11 months ago
Corpus Christi LNG terminal
Business & Finance

Bechtel puts finishing touches on third piece of Cheniere’s LNG project in Texas

Cheniere Energy has reached a new milestone at its liquefied natural gas (LNG) facility, with the completion of the third train forming part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, United States.

about 11 months ago
Svitzer, Cochin Shipyard shake hands on electric tug manufacturing in India
Business & Finance

Svitzer, Cochin Shipyard shake hands on electric tug manufacturing in India

Denmark-based towage service provider Svitzer has signed a letter of intent (LoI) with Cochin Shipyard to construct a new generation of electric tugs in India.

about 11 months ago
Deepsea Mira rig; Source: Odjell Drilling
Business & Finance

Drilling results offshore Namibia ‘encouraging’ but further appraisal still needed

BW Energy has shed light on the preliminary results of its appraisal well in the Orange Basin off the coast of Namibia, where the well was drilled using a rig owned by Northern Ocean and managed by Odfjell Drilling.

about 11 months ago
Deepsea Bollsta; Source: Odfjell Drilling
Business & Finance

2019-built rig staying longer with Equinor in Norwegian waters

Equinor has prolonged a rig drilling assignment off the coast of Norway, which is being undertaken by a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean.

about 11 months ago
Vallourec hired for Shell’s deepwater project in Brazil
Business & Finance

Vallourec hired for Shell’s deepwater project in Brazil

French provider of tubular solutions Vallourec has secured a contract with TechnipFMC for the supply of line pipes for a deepwater development offshore Brazil operated by Shell. The integrated contract covers over 20,000 tons of subsea seamless premium carbon-steel line pipes, intended for risers an

about 11 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Business & Finance

Survey results spotlight need for oil & gas windfall tax reform, OUEK says

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has disclosed the results of its survey, which indicate that the Energy Profits Levy (EPL) needs to be tweaked from next year to unlock investments in the offshore energy arena.

about 11 months ago
Illustration; Source: Karoon Energy
Business & Finance

New CEO days away from taking the reins at Karoon

Karoon Energy, Australia’s oil and gas company, has revealed the name of its new Managing Director and Chief Executive Officer (MD and CEO), who will step into the role next month.

about 11 months ago
Valaris Renaissance, known as DS-15 drillship; Source: BP
Business & Finance

BP cheers ‘extremely encouraging’ results at Brazilian oil & gas discovery, appraisal on the cards in 2027

UK-headquartered energy giant BP is moving forward with the evaluation of its hydrocarbon discovery off the coast of Brazil, with appraisal plans anticipated to be put in motion in 2027.

about 11 months ago
OneSubsea equipment to prolong life of two deepwater projects off Malaysia
Business & Finance

OneSubsea equipment to prolong life of two deepwater projects off Malaysia

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured two engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil & gas player, for the expansion of two fields offshore Malaysia.

about 11 months ago
Illustration; Source: QatarEnergy
Business & Finance

17-year LNG deal lands on QatarEnergy’s offtake menu

Qatar’s state-owned oil & gas giant QatarEnergy has signed off on a multi-year liquefied natural gas (LNG) supply agreement with India’s Gujarat State Petroleum Corporation (GSPC).

about 11 months ago
DFO, GO seal MoU for offshore wind and oil & gas vessel collaboration
Business & Finance

DFO, GO seal MoU for offshore wind and oil & gas vessel collaboration

Dong Fang Offshore (DFO) has signed a memorandum of understanding (MoU) with GO Offshore (GO), establishing a framework for future cooperation in the offshore wind farm supporting vessel business, as well as offshore oil and gas vessel operations.

about 11 months ago
DeepOcean to be on decommissioning duty offshore Australia in 2026
Business & Finance

DeepOcean to be on decommissioning duty offshore Australia in 2026

Ocean services provider DeepOcean is set to support subsea infrastructure decommissioning at oil & gas fields off the coast of Australia, with the work to be carried out next year. The scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical, and removal o

about 11 months ago
Atlantic LNG
Business & Finance

McDermott handpicks EnerMech for work on Shell’s giant gas project off Trinidad & Tobago

McDermott has tasked EnerMech, an Aberdeen-headquartered integrated solutions specialist, with an assignment for the development of a gas project off the coast of Trinidad and Tobago, operated by Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered energy giant Shell.

about 11 months ago
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