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Business & Finance

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New cable installation provider arises in Taiwan as Mermaid Maritime sets up JV with local player
Business & Finance

New cable installation provider arises in Taiwan as Mermaid Maritime sets up JV with local player

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture in Taiwan with ATE Energy International, a Taiwanese company specializing in the energy engineering sector. Mermaid Subsea Services (Thailand) Limited holds a

about 11 months ago
UK National Grid awards €14 billion in last round of supply chain framework awards
Business & Finance

UK National Grid awards €14 billion in last round of supply chain framework awards

The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain

about 11 months ago
Port Arthur LNG Phase 2; Source: Sempra
Business & Finance

US giant fortifies its LNG arsenal with 20-year offtake from Gulf Coast project

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has won a multi-year sale and purchase agreement (SPA) with ConocoPhillips, a U.S.-headquartered energy giant, for the supply of liquefied natural gas (LNG) from the second phase of its LNG export terminal u

about 11 months ago
FPSO Triton; Source: Dana Petroleum
Business & Finance

Following FPSO restart, North Sea operator achieves first oil lifting

After resuming production from a floating production, storage, and offloading (FPSO) vessel in the North Sea, Serica Energy, a UK-based upstream oil and gas player, has completed the first lifting of oil from this unit, which is deployed on the UK Continental Shelf (UKCS).

about 11 months ago
Platinum Explorer; Source: Vantage Drilling
Business & Finance

30 extra days to sort out terms of Vantage drillship’s new gig

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has agreed to prolong the expiration date of a conditional letter of award (CLOA) with an undisclosed client regarding a potential job for one of its ultra-deepwater drillships.

about 11 months ago
Semco Maritime's investment in start-up to help bring USV tech to market
Business & Finance

Semco Maritime’s investment in start-up to help bring USV tech to market

Semco Maritime, a Danish engineering and contracting company operating in the conventional energy sector and offshore wind, has partnered up with London-headquartered start-up Stormborn to help bring unmanned surface vessel (USV) technology to market. Semco Maritime announced that it had made an inv

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

EnergyQuest’s take on the future of Australia’s LNG and gas energy segments

EnergyQuest, an energy consultancy, has outlined its view of Australia’s gas outlook, shedding more light on what awaits the country in the future.

about 11 months ago
Kent buys decommissioning services firm in bid to become full-service energy provider
Business & Finance

Kent buys decommissioning services firm in bid to become full-service energy provider

As part of its goal to become a full-service partner across the energy lifecycle, Dubai-headquartered engineering and services company Kent has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a Scottish provider of well management, subsurface and decommissioning engineering serv

about 11 months ago
Duisport
Business & Finance

Future and renewable energy-oriented Duisport secures KfW IPEX-Bank funding

Germany’s KfW IPEX-Bank has decided to provide a total of €45 million for Duisburger Hafen AG (duisport) to be invested in the port’s infrastructure.

about 11 months ago
Strohm supports gas production at Malaysian deepwater field with delivery of TCP jumpers
Business & Finance

Strohm’s TCP jumpers make their way to Malaysian deepwater sector

Dutch thermoplastic composite pipe (TCP) producer Strohm has secured a contract for the supply of four TCP jumpers for a deepwater field in Malaysia. According to Strohm, the contract was awarded via Dynamic Ocean Sdn Bhd (DOSB), which holds the required license to operate in Malaysia on its behalf,

about 11 months ago
Deepsea Stavanger
Business & Finance

North Sea yields ‘significant’ black gold discovery

Aker BP, a Norwegian oil and gas player, has brought its exploration campaign in the North Sea to an end, uncovering a new oil find that augments its hydrocarbon arsenal off the coast of Norway.

about 11 months ago
CMA CGM secures bio-LNG supplies with latest investment
Business & Finance

CMA CGM secures bio-LNG supplies with latest investment

French shipping giant CMA CGM has formed a strategic partnership with renewable natural gas (RNG) provider Vanguard Renewables to support the decarbonization of its shipping activities.

about 11 months ago
Munin jacket; Source: Aker BP
Business & Finance

WATCH: North Sea-bound platform jacket ready to go to its final destination

Aker BP, a Norwegian oil and gas player, has set the stage to transport a jacket destined for its gas development project in the North Sea on the Norwegian Continental Shelf (NCS).

about 11 months ago
After Subsea7, DOF's large subsea construction vessel on charter with Petrobras
Business & Finance

After Subsea7, DOF’s large subsea construction vessel on charter with Petrobras

A flexible, large subsea construction vessel owned by Norwegian DOF Group has been contracted on a four-year term charter with Brazil’s oil & gas company Petrobras. Under the contract valued at approximately $165 million, Skandi Salvador will operate with two work-class remotely operated vehicles (R

about 11 months ago
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