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Business & Finance

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Dorado drillship; Source: Pelago Management
Business & Finance

Rig poised to seek drilling gigs across continents as Vantage gets marketing rights

Vantage Drilling has secured a marketing deal for a newbuild ultra-deepwater drillship, owned by Eldorado Drilling, an offshore drilling player backed by a group of Norwegian investors.

about 1 year ago
Norwegian firm to assess carbon storage potential in Australia's offshore basin
Business & Finance

Norwegian firm to assess carbon storage potential in Australia’s offshore basin

Norway-based energy data and intelligence company TGS and Australian commercial-scale carbon capture and storage (CCS) project developer and operator deepC Store have joined forces on carbon storage assessment in the Browse Basin offshore Australia. The partners entered into an agreement to carry ou

about 1 year ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Business & Finance

More gas for $10B Golden Pass LNG as it pools resources with Entergy Texas and Kinder Morgan

Intending to fuel Southeast Texas’ natural gas growth to address the rising energy demand, Entergy Texas has joined forces with Kinder Morgan (KMI) and Golden Pass liquefied natural gas (LNG) terminal (GPX) export project in Sabine Pass, Texas.

about 1 year ago
Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project
Business & Finance

Horisont Energi pressing ahead with commerical work for Barents Blue ammonia project

Norwegian clean energy company Horisont Energi has signed the first non-binding term sheet to secure gas supply for its Barents Blue project, a clean ammonia plant located at Markoppnes in Northern Norway.

about 1 year ago
Illustration; Source: ARO Drilling
Business & Finance

Rig construction of third out of 20 planned newbuilds set in motion with ARO-IMI deal

As the ink dries on the contract between ARO Drilling and International Maritime Industries (IMI), it marks the opening of the construction chapter for a third in a series of 20 planned newbuild Saudi-operated and manufactured offshore jack-up rigs, which the offshore drilling player intends to depl

about 1 year ago
Rendering of BP's Kaskida offshore platform in the Gulf of Mexico; Source: Exmar Offshore/BP
Business & Finance

BP books Singapore firm for another Gulf of America-bound floating production unit

Seatrium has secured a job ahead of a newbuild floating production unit (FPU), destined for a deepwater project operated by BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, in the Gulf of America, former Gulf of Mexico.

about 1 year ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Business & Finance

26 offshore blocks up for grabs in Trinidad and Tobago’s 2025 deepwater oil & gas bid round

Trinidad and Tobago has initiated its new bidding round to boost hydrocarbon exploration and production in this Caribbean twin-island country located off the northern edge of the South American mainland.

about 1 year ago
Deepsea Mira rig works for TotalEnergies off the coast of Namibia; Source: Odfjell Drilling
Business & Finance

Upcoming ops in Namibia, Angola, Nigeria, and Libya mark oil & gas drilling hotspots across Africa

African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has shed more light on the ongoing and anticipated high-impact drilling campaigns in Namibia, Angola, Nigeria, and Libya.

about 1 year ago
FSRU Energos Power; Source: Energos
Business & Finance

FSRU gig at one of Germany’s LNG terminals cut short over pricing issues

Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.

about 1 year ago
Ocean Installer extends charter of multi-purpose offshore construction vessel until 2027
Business & Finance

Ocean Installer extends charter of multi-purpose offshore construction vessel

Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has extended its charter agreement with compatriot North Sea Shipping for an advanced multi-purpose offshore construction vessel. Ocean Installer announced it had executed an 18-month option, extending the

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

TotalEnergies set to boost India’s gas market with decade-long LNG supply

TotalEnergies has struck a new deal with India’s state-owned oil and gas company, Gujarat State Petroleum Corporation (GSPC), to provide around six liquefied natural gas (LNG) cargoes for ten years.

about 1 year ago
Third round opens for slice of $40M for New Yorkers looking for careers in green economy
Business & Finance

Applications open for slice of $40M for New Yorkers eyeing careers in green economy

Champlain Hudson Power Express (CHPE), the company behind the underground and underwater transmission line between the Canada-U.S. border and New York City, has opened the third request for proposals (RFP) for its fund that aims to support New Yorkers looking for careers in the green economy. The Gr

about 1 year ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Business & Finance

Partners dive into legal avenues upon receipt of Guyana’s offshore license termination notice

Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have decided to put all legal options on the table to come up with the best way to assert and defend their interests in the Corentyne block off the coast of Guyana, following a license termination communication from the country’s

about 1 year ago
First CO2 injection offshore UK starts paving the way for permanent storage
Business & Finance

First CO2 injection offshore UK starts paving the way for permanent storage

Perenco UK and Carbon Catalyst Limited have kicked off the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. As part of Project Poseidon, the test includes CO2 being inj

about 1 year ago
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