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Business & Finance

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Fossil EnergyOil & GasSubseaBusiness Developments & ProjectsProject & TendersFPSO & VesselsVesselsExploration & ProductionClean FuelLiquefied Natural GasOther FuelsOperations & MaintenanceVessels & VehiclesSeismicSurveys & InterventionsMarine EnergyTidal & Wave EnergyEquipmentRigsLow-Carbon Transition
Illustration; Source: Baker Hughes
Business & Finance

Baker Hughes furnishing Southeast Asian deepwater gas project with subsea systems

U.S.-headquartered energy technology giant Baker Hughes has been tasked by Searah, a 50/50 independent joint venture between Eni and Petronas in Southeast Asia, with providing subsea production systems and digital solutions for one of Indonesia’s major upcoming energy projects.

about 1 month ago
BOKA Alpine and BOKA Glacier tugs towed the FPSO Cidade de Niterói (MV18) from Brazil to Denmark; Source: Boskalis
Business & Finance

Boskalis’ vessel duo pulls off Brazil-to-Denmark tow of MODEC’s FPSO (Gallery)

Two ocean-going tugs from the fleet operated by Boskalis, a Dutch offshore services provider, have undertaken a floating production, storage, and offloading (FPSO) tow mission across the Atlantic.

about 1 month ago
Offshore areas’ map for Open Uruguay Round; Source: ANCAP
Business & Finance

Eni joins block offshore Uruguay ahead of drilling ops

Italian energy giant Eni has struck a deal with Texas-headquartered oil and gas company APA Corporation to acquire a stake in a block off the coast of Uruguay.

about 1 month ago
La Santa Maria platform in operation during a previous LNG discharge test in Norway; Source: ECOnnect
Business & Finance

Shell’s JV puts PX in charge of operations and maintenance at Caribbean LNG terminal

New Providence Gas (NPG), a joint venture between Shell Bahamas Power Company (Shell) and Sun Oil, a subsidiary of FOCOL Holdings, has chosen PX Group, a portfolio company of Ara Partners, to handle operations and maintenance at a liquefied natural gas (LNG) import and regasification terminal under

about 1 month ago
A large vessel at sea
Business & Finance

Multimillion-dollar jobs take DOF’s vessel pair to Americas

DOF Group, a Norwegian operator and owner of a fleet of advanced vessels for the energy and marine sectors, has lined up work for two anchor handling tug supply (AHTS) vessels in the Caribbean Community (CARICOM) region, encompassing member states and territories across the Caribbean, as well as Bel

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

TGS on 4D streamer acquisition duty in Australian waters

Norwegian energy data and intelligence company TGS has picked up a new 4D streamer acquisition assignment off the coast of Australia.

about 1 month ago
Minesto's Dragon 4 tidal energy kite (Courtesy of Minesto)
Business & Finance

Dragon roars with record power in Faroe Islands: Minesto hits new tidal energy output milestone

Swedish tidal energy developer Minesto has revealed an electricity generation record in the Faroe Islands, where its tidal power plant set a new production record over the summer, after being upgraded with a new power-take-off (PTO) system that improves energy output throughout the tidal flow cycle.

about 1 month ago
Illustration; Source: Saipem
Business & Finance

$30 billion LNG project nears FID: Saipem confirms preliminary award shortly after McDermott

Following a project update from its joint venture partner, McDermott, Italy’s engineering, drilling, and construction services giant Saipem has corroborated the progress made in moving forward with the next phase of one of Africa’s most closely watched liquefied natural gas (LNG) developments, as ne

about 1 month ago
Subsea equipment delivery for GranMorgu; Source: TechnipFMC
Business & Finance

TechnipFMC highlights ‘critical’ subsea equipment delivery for $12.2B oil project

UK-headquartered energy technology provider TechnipFMC has emphasized that strong execution momentum is keeping a giant deepwater oil project, operated by France’s energy giant TotalEnergies, in Block 58 off the coast of Suriname on track.

about 1 month ago
Block 24; Source: ANPG
Business & Finance

Appraisal ops strengthen Angola’s non-associated gas potential

An appraisal well in the Benguela Basin’s Block 24 has confirmed high-quality reservoirs and delivered Angola’s first full drill stem test (DST) on a non-associated gas reservoir.

about 1 month ago
MV Island Captain; Source: SLB
Business & Finance

Vessel upgrade on the agenda: SLB, Equinor strike multi-year deal to unlock Norway’s tight offshore reservoirs

U.S.-headquartered technology player SLB has signed off on a long-term stimulation assignment on the Norwegian Continental Shelf (NCS) with Norway’s state-owned energy giant Equinor.

about 1 month ago
Noble Interceptor rig; Source: Noble Corporation
Business & Finance

Noble’s 2014-built jack-up rig scoops up new P&A job with ConocoPhillips

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered energy company ConocoPhillips.

about 1 month ago
Illustration; Source: McDermott
Business & Finance

ExxonMobil books McDermott for Mozambique’s multibillion-dollar LNG project

McDermott Energy Solutions (UK), a subsidiary of the U.S. offshore engineering and construction player McDermott, has secured a letter of intent (LOI) for a proposed liquefied natural gas (LNG) project with ExxonMobil Moçambique, a subsidiary of the American energy giant ExxonMobil, on behalf of par

about 1 month ago
Rendering of Argent LNG tanks and a vessel
Business & Finance

Transgaz-Argent LNG MOU advances US gas route to Central and Eastern Europe

Romania’s national natural gas transmission system operator (TSO) Transgaz has deepened its U.S. liquefied natural gas (LNG) ties through a memorandum of understanding (MOU) with Argent LNG, a U.S.-based LNG export developer headquartered in Louisiana, in a push to diversify regional energy supply b

about 1 month ago
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