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Business & Finance

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JSD6000 vessel; Source: Saipem
Business & Finance

Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.

about 1 month ago
Seismic vessel Ramform Vanguard
Business & Finance

TGS secures new offshore wind site characterization contract in Europe

Norwegian energy data and intelligence company TGS has secured another contract for offshore wind site characterization in Europe, for which the company will deploy its seismic vessel Ramform Vanguard. Under the latest contract, announced on June 9, Ramform Vanguard will begin data acquisition work

about 1 month ago
Eni
Business & Finance

New country entry for Eni in West Africa with offshore block award

Italy’s energy giant Eni has expanded its African oil and gas portfolio with a new block off the coast of The Gambia.

about 1 month ago
Thunder Horse; Source: BP
Business & Finance

BP tasks OneSubsea with subsea boosting at deepwater project in US Gulf

UK-headquartered energy giant BP has hired OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, on a subsea boosting quest at its deepwater development in the Gulf of America (U.S. Gulf of Mexico).

about 1 month ago
FLNG Coral Norte; Source: Technip Energies
Business & Finance

Technip Energies’ assignment on Eni’s African FLNG bringing in above €1 billion

French-based engineering player Technip Energies has shed light on the revenue value for its scope of work on a second floating liquefied natural gas (FLNG) facility on an LNG project in Mozambique, operated by Mozambique Rovuma Venture (MRV), an Eni-led joint venture (JV).

about 1 month ago
Consortium eyes next-gen AI-powered wave energy infrastructure
Business & Finance

Consortium eyes next-gen AI-powered wave energy infrastructure

Israel-headquartered developer Eco Wave Power is engaged in talks with Florida Atlantic University (FAU) and the University of Michigan to explore the development of artificial intelligence (AI)-driven wave energy applications, WaveGPT, and next-generation wave-powered coastal data center infrastruc

about 1 month ago
FLNG Hilli Episeyo; Source: Golar LNG
Business & Finance

Asian player enters South America with multi-year job for Argentina LNG project

Adani Ports and Special Economic Zone (APSEZ), India’s largest integrated transport utility that is part of the globally diversified Adani Group, has won a decade-long marine services contract for Argentina’s first liquefied natural gas (LNG) export, marking its entry into South America and expandin

about 1 month ago
Sempra Infrastructure
Business & Finance

New CEO taking the reins at Sempra Infrastructure

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has revealed the name of its incoming Chief Executive Officer (CEO), who will be at the helm of the company upon completion of a KKR-led consortium’s acquisition of a majority ownership interest.

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

Oxy taking minor stake in ExxonMobil’s Caribbean ultra-deepwater block

Houston-headquartered energy player Occidental (Oxy) has secured the go-ahead from Trinidad and Tobago to join U.S. energy giant ExxonMobil in an ultra-deepwater exploration block in the Caribbean’s southernmost archipelagic country.

about 1 month ago
Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda
Business & Finance

Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda

A new consortium, facilitated by the Global Maritime Forum and RMI, is set on bringing to life a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium to advance e-fuel production and transport.

about 1 month ago
Hexa-source testing using the Gemini Enhanced Frequency Source (EFS) in conjunction with Apparition simultaneous source acquisition and separation technology; Source: TGS
Business & Finance

New acquisition expands TGS’ multi-source seismic capabilities across marine surveys

Norwegian energy data and intelligence provider TGS has taken steps to bring Apparition Geoservices and its proprietary simultaneous source acquisition and separation technology into its fold to advance seismic efficiency and subsurface imaging.

about 1 month ago
Illustration of subsea rock installation vessels; Source: Van Oord
Business & Finance

Van Oord’s subsea rock installation vessel pair to sport TMC’s compressed air system

TMC, a Norway-based designer of compressed air systems for marine and offshore use, has received an order to provide a marine compressed air system for two subsea rock installation vessels being built for the Netherlands-headquartered marine contractor Van Oord.

about 1 month ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business & Finance

Aker BP gets hold of larger stake in huge North Sea oil field

Norwegian oil and gas player Aker BP has augmented its interest in a giant field in the North Sea, which is considered to be one of the largest producing oil fields on the Norwegian Continental Shelf (NCS).

about 1 month ago
LNG facility; Source: Sempra
Business & Finance

Sempra, TotalEnergies up LNG ante at Mexico’s Pacific Coast with project start-up

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, and its joint venture partner, France’s energy giant TotalEnergies, have expanded liquefied natural gas (LNG) output in Mexico by achieving the first LNG production at their project in Ensenada.

about 1 month ago
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