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Business & Finance

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Ocean Installer enters Brazil thanks to contract with Equinor
Business & Finance

Ocean Installer enters Brazil thanks to contract with Equinor

Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has entered the Brazilian market with its first contract in the country, secured with Norwegian state-owned energy firm Equinor. Ocean Installer will deliver the installation of rigid well jumpers between f

about 1 month ago
FPSO; Source: MODEC
Business & Finance

MODEC and Eld embark on next-gen carbon capture-enabled FPSO power system

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

about 1 month ago
NAGA 6 jack-up rig; Source: Velesto
Business & Finance

Velesto’s 2014-built rig takes on multi-well drilling campaign in Southeast Asia

Velesto Sumber, a wholly-owned subsidiary of Malaysia’s Velesto Energy, has won a new drilling assignment for a 12-year-old premium jack-up rig off the coast of Thailand, Southeast Asia.

about 1 month ago
Cook Inlet LNG
Business & Finance

Cook Inlet LNG puts new FSRU-based lifeline on Alaska’s energy horizon

Cook Inlet LNG, a subsidiary of Louisiana-based independent oil and gas company Gardes Holdings, has set the wheels in motion to secure regulatory clearances for an offshore liquefied natural gas (LNG) import project, utilizing a floating storage and regasification unit (FSRU) and existing platform

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

McDermott among Aramco’s hand-picked contractors for large-scale projects

U.S. offshore engineering and construction player McDermott has made the cut and secured its spot in the contractor pool that Saudi Arabia’s Aramco selected for a project management consultancy (PMC) long-term agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and l

about 1 month ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Green light for North Sea ops with Odfjell Drilling’s rig

Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 month ago
Saipem 7000 vessel at Bouri gas project; Source: Saipem
Business & Finance

Saipem makes inroads at African offshore gas project with ‘major milestone’ (Gallery)

Saipem has reported a new achievement in the execution phase of a gas project off the coast of Libya, which is operated by Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa.

about 1 month ago
Northern Lights JV
Business & Finance

Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Mala

about 1 month ago
Illustration; Courtesy of Subsea7
Business & Finance

Subsea7 scoops up new multimillion-dollar US Gulf tie-back

Luxembourg-domiciled Subsea7 has landed a new oil and gas assignment in the U.S. Gulf with Murphy Exploration & Production Company, an affiliate of Houston-based Murphy Oil Corporation.

about 1 month ago
Borgland Dolphin rig; Source: Dolphin Drilling
Business & Finance

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has picked up an assignment in the UK with an undisclosed oil and gas operator for one of its semi-submersible rigs.

about 1 month ago
Illustration; Source: Ineos Energy
Business & Finance

Ineos and Marubeni’s deal bringing more LNG to Asia

London-based Ineos Energy has shaken hands with Marubeni Corporation, a Japanese integrated trading and investment business conglomerate, on a liquefied natural gas (LNG) supply deal, which enriches Asia’s LNG arsenal.

about 1 month ago
FPF-1; Source: Ithaca Energy
Business & Finance

Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute

Multiple offshore members employed by Bilfinger are set to kick off multi-day industrial action due to a dispute over pay, which will lead to an eight-day stoppage at a floating storage unit (FSU) and a floating production facility (FPF) on the UK Continental Shelf (UKCS).

about 1 month ago
Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount
Business & Finance

Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount

Offshore Energy Amsterdam 2026 has officially opened its Early Bird ticket sales. Industry professionals can now secure their place at Europe’s leading event for the offshore energy and maritime sectors with an exclusive 25% discount, available until 30 June 2026. Taking place on 24 and 25 November

about 1 month ago
LNG Canada
Business & Finance

JGC, Fluor in the clear for early works to double output at Shell-run LNG Canada

JGC Fluor BC LNG II joint venture (JV), composed of Japan’s JGC Holdings Corporation and Fluor Corporation, has been given the go-ahead to move forward with early activities for the expansion of a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by

about 1 month ago
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