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Business & Finance

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Contract with Allseas takes Vallourec to one of world’s largest deepwater fields
Business & Finance

Contract with Allseas takes Vallourec to one of world’s largest deepwater fields

French provider of tubular solutions Vallourec has secured a contract with Allseas, described as major, for the supply of line pipes for what is said to be one of the world’s largest deepwater fields. Vallourec said it would supply line pipes for the Búzios 10 offshore project located at the Búzios

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Chevron and TotalEnergies flow first oil & gas from Gulf of America project

Two oil majors, U.S.-based Chevron and France-headquartered TotalEnergies, have brought online a deepwater oil and natural gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

MODEC calling the shots for new Guyana-bound FPSO destined for ExxonMobil’s 7th oil & gas project

ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Atlantic Zonda drillship; Source: Pelago Management
Business & Finance

Seventh-gen drillship kicks off its maiden drilling gig with Petrobras

A newbuild ultra-deepwater drillship, managed by Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, has started its inaugural offshore drilling assignment in Brazilian waters with the South American country’s energy giant Petrobras.

about 1 year ago
Illustration; Source: BOEM
Business & Finance

Energy dominance mission prompts US to supersede current offshore oil & gas leasing program

The U.S. Department of the Interior (DOI) is on a quest to fulfill the Trump administration’s energy dominance dreams by laying the groundwork to revise the scaled-back oil and gas leasing program, which comes with only three lease sales up to 2029.

about 1 year ago
Illustration; Source: Petronas
Business & Finance

Petronas books T7 Global’s affiliate for multi-year job

Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has landed a long-term assignment with Petronas Carigali (PCSB), a subsidiary of a compatriot energy giant, Petronas.

about 1 year ago
Saipem 10000; Source: Saipem
Business & Finance

Two more wells on Eni’s drilling agenda at Mediterranean gas field

With gas production increase in mind, Italy’s energy giant Eni is set on drilling two additional wells at a natural gas field in the Mediterranean off the coast of Egypt.

about 1 year ago
Prysmian’s Monna Lisa picks up its first cable for what will be US largest offshore wind farm
Business & Finance

Prysmian’s Monna Lisa picks up its first cable for largest US offshore wind farm-to-be

Prysmian’s new cable laying vessel (CLV) Monna Lisa has been loaded for the first time with submarine cable, destined for what will become the largest U.S. offshore wind farm once operational. Prysmian reported two days ago that submarine cable for Dominion Energy’s Coastal Virginia Offshore Wind (C

about 1 year ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Business & Finance

20-year LNG offtake deal set to lend a hand in cinching Asia’s energy security

Amigo LNG, a Mexican subsidiary of Singapore’s LNG Alliance, has secured a multi-year sales and purchase agreement (SPA) with Sahara Group, an energy and infrastructure conglomerate, for the supply of liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’s West Coast

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Business & Finance

ADNOC inks UAE’s ‘largest LNG deal by volume’ with Chinese player

ADNOC has signed a multi-year gas deal with ENN for liquefied natural gas (LNG), which will be sourced from the former’s giant low-carbon LNG project, currently under development.

about 1 year ago
A map
Business & Finance

Australian player eyeing entry into Namibia’s frontier basin

Australia-headquartered exploration and production company Grand Gulf Energy has entered into a binding option agreement to acquire Wrangel, an applicant for a working interest in a petroleum exploration license (PEL) in the Walvis Basin, offshore Namibia.

about 1 year ago
French PM confirms €149 million grant for Lhyfe’s green hydrogen plant near Le Havre
Business & Finance

French PM confirms €149 million grant for Lhyfe’s green hydrogen plant near Le Havre

The French Prime Minister (PM) has officially confirmed, by signature, a €149 million grant for Lhyfe’s future green hydrogen production plant located near the Grand Canal of Le Havre, one of Europe’s largest industrial port areas.

about 1 year ago
TSC Subsea has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines.
Business & Finance

UK firm lands multi-year ultra-deepwater weld inspection contract in Brazil

UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea

about 1 year ago
Cape Horn Engineering has delivered one of the most accurate and computationally efficient results in a blind tidal turbine validation study, part of a benchmarking initiative funded by the UK’s Engin
Business & Finance

Cape Horn Engineering joins EPSRC-backed effort to improve tidal turbine modeling (Video)

The UK-based marine technology consultant Cape Horn Engineering has delivered what it described as one of the most accurate and computationally efficient results in a blind tidal turbine validation study, part of a benchmarking initiative funded by the UK’s Engineering and Physical Sciences Research

about 1 year ago
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