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Business & Finance

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Clean FuelFossil EnergyLiquefied Natural GasLow-Carbon TransitionOil & GasOther FuelsBusiness Developments & ProjectsProject & TendersMarine EnergyTidal & Wave EnergyOutlook & StrategyRigsExploration & ProductionSeismicSubseaSurveys & InterventionsVesselsProduction & ProcessingAuthorities & GovernmentRegulation & PolicyAutomationTransitionVessels & Vehicles
Das Island; Courtesy of ADNOC Gas
Business & Finance

$13.2 billion gas project moves forward with ADNOC’s $8.2B EPC awards to Wison and Maire’s Tecnimont

Wison Engineering, part of Wison Group, and Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, have been hired to undertake engineering, procurement, and construction (EPC) activities for the second and third phases of a gas project being developed

about 1 month ago
Minesto reshapes organization to drive commercial expansion of tidal technology
Business & Finance

Minesto reshapes organization to drive commercial expansion of tidal technology

Swedish ocean energy developer Minesto has implemented organizational changes to further strengthen its ability to execute commercial projects and improve the product sales offering related to the installation and handling of its Dragon tidal energy technology. This comes following the organizationa

about 1 month ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Business & Finance

Seven Borr Drilling rigs find more work in Asia, Europe, and Africa

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has lined up multiple new assignments and extensions of existing deals for its rig fleet off the coasts of Vietnam, Malaysia, Côte d’Ivoire (Ivory Coast), and the Netherlands.

about 1 month ago
Shearwater strengthens backlog with two large awards in India
Business & Finance

Shearwater strengthens backlog with two large awards in India

Norwegian Shearwater GeoServices has received two letters of award (LOAs) from India’s government-owned Oil and Natural Gas Corporation (ONGC) for 3D seismic surveys offshore India which together add approximately 15 vessel months of backlog. The awards cover a nine-month project offshore India’s we

about 1 month ago
Eni-BP joint venture hires TechnipFMC for another project offshore Angola
Business & Finance

Eni-BP joint venture hires TechnipFMC for another project offshore Angola

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded TechnipFMC another contract offshore Angola, covering the supply of flexible flowlines and risers. The contract has been awarded for the West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development

about 1 month ago
Sonangol
Business & Finance

Fresh oil discovery strengthens Angola’s hydrocarbon arsenal

Angola’s state-owned oil company Sonangol has found more offshore black gold, augmenting the African country’s oil reserves.

about 1 month ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business & Finance

North Sea well interventions unlock multi-million-barrel boost as exploration drilling dries up

The UK’s offshore energy regulator, the North Sea Transition Authority (NSTA), has revealed that 56 North Sea wells returned to production last year, with more cost-efficient well interventions helping operators deliver 16 million barrels of oil (boe) from shut-in wells on the UK Continental Shelf (

about 1 month ago
Shah Deniz; Source: BP Turan Drilling & Engineering
Business & Finance

BP entrusts Emerson with automation job on Caspian Sea gas project

UK-headquartered energy giant BP has tasked Emerson with the provision of automation and control systems for an unmanned offshore platform that will be part of the next development phase of a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields an

about 1 month ago
Ramform Tethys vessel; Source: TGS
Business & Finance

TGS fires the starting gun on seismic reprocessing project in Africa

Norwegian energy data and intelligence company TGS has kicked off a 2D seismic data reprocessing program to shed more light on the hydrocarbon exploration potential off the coast of São Tomé and Príncipe, Africa.

about 1 month ago
FSO Palanca; Source: Stapem Offshore
Business & Finance

ROV-assisted campaign advances Angolan discovery trio toward FID

UK-headquartered and AIM-listed upstream oil and gas company Afentra has wrapped up its first operated offshore campaign on Block 3/24, supporting the maturation of three hydrocarbon discoveries toward a final investment decision (FID).

about 1 month ago
Man looking at an offshore platform
Business & Finance

Expro scores ‘major’ North Sea plug and abandonment win in UK waters

U.S.-headquartered energy services provider Expro has lined up a new deal for a well abandonment program in the North Sea with an undisclosed oil and gas operator on the UK Continental Shelf (UKCS).

about 1 month ago
Brooks McCall; Source: TDI-Brooks
Business & Finance

TDI-Brooks takes on survey work for US LNG project in Louisiana

U.S.-headquartered geotechnical and offshore survey research and service company TDI-Brooks has been hired to undertake a geophysical and geotechnical survey assignment for a liquefied natural gas (LNG) project off the coast of Louisiana, United States.

about 1 month ago
Scarabeo 8; Source: Saipem
Business & Finance

Aker BP and Equinor’s latest North Sea wildcat drilling yields no hydrocarbon find

Norway’s oil and gas company Aker BP and its compatriot state-owned partner, Equinor, have come up dry in their latest North Sea exploration well on the Norwegian Continental Shelf (NCS).

about 1 month ago
Sevan Louisiana; Source: Seadrill
Business & Finance

More offshore drilling work for Seadrill rig trio in US Gulf and Malaysia

Seadrill, a Bermuda-headquartered offshore drilling contractor, has obtained multimillion-dollar deals and extensions of existing assignments for a semi-submersible rig and two drillships in the Americas and Asia.

about 1 month ago
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