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Business & Finance

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Rendering of a future LNG terminal
Business & Finance

Argent LNG, Naftogaz pool resources to look into multi-path LNG supply and distribution

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed off on a cooperation with Ukraine’s state-owned energy company Naftogaz Group to establish a framework agreement to explore long-term U.S. LNG offtake, transportation, and distribution cooper

about 2 months ago
South Korean cable maker takes delivery of its second cable laying vessel
Business & Finance

South Korean cable maker takes delivery of its second cable laying vessel

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South Korea’s Taihan Cable & Solution has completed the delivery of its second cable-laying vessel (CLV) ahead of the planned schedule, following the acquisition from Norwegian DOF Group. Taihan reported in May that it had acquired the 2016-built Skandi Connector from DOF, representing the second of

about 2 months ago
LNG vessel; Source: GTT
Business & Finance

GTT’s new LR-approved NO96 criteria expand LNG carrier design flexibility

French technological containment specialist Gaztransport & Technigaz (GTT) has secured the green light from the UK-based classification society Lloyd’s Register (LR) for new NO96 elongation criteria, opening the door to more optimized liquefied natural gas (LNG) carrier (LNGC) structures, widening L

about 2 months ago
Greater Kittiwake Area (GKA); Source: EnQuest
Business & Finance

CB&I staying on at North Sea platform to support EnQuest with UK asset’s end of life scope

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has been tasked with handling segments beyond late-life asset management to deliver cessation of production (COP) and facilitate decommissioning of a

about 2 months ago
Concept design revealed for Port of Klaipėda’s green methanol bunkering vessel
Business & Finance

Concept design revealed for Port of Klaipėda’s green methanol bunkering vessel

Western Baltic Engineering, the engineering company of Estonia’s BLRT Grupp, has developed the technical specification and concept design for a green methanol bunkering vessel destined for the Port of Klaipėda in Lithuania. The 69.36-meter-long vessel will have a cargo capacity of up to 800 tons of

about 2 months ago
Delfin Midstream
Business & Finance

Delfin gives Siemens go-ahead for early works on second FLNG, as EIG’s MidOcean signs up to come aboard

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has sent a limited notice to proceed (LNTP) to Siemens Energy for a second floating LNG (FLNG2) vessel destined for deployment off the coast of Louisiana. The American LNG developer also revealed a

about 2 months ago
JDR delivers electrical umbilical for Ireland’s only producing natural gas field
Business & Finance

JDR delivers electrical umbilical for Ireland’s only producing natural gas field

JDR Cable Systems has delivered an electrical umbilical for installation at a gas field located off the northwest coast of Ireland, in waters 350 meters deep. JDR’s Littleport team was in charge of the design, manufacture and supply of the electrical umbilical for the Corrib gas field, located appro

about 2 months ago
Underground drilling marks start of offshore section works for second Malta-Italy link
Business & Finance

Underground drilling marks start of offshore section works for second Malta-Italy link

Nexans has begun horizontal directional drilling (HDD) works in Malta for the second electrical interconnector to Italy, marking the start of work related to the project’s offshore section. This will create the underground connection between the onshore and offshore sections of the project, allowing

about 2 months ago
Visual SeaKite for FPSO GranMorgu; Source: SBM Offshore
Business & Finance

Wind-assisted towing on the cards for SBM Offshore’s Suriname-bound FPSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has disclosed that wind-assisted kite traction towing is being contemplated for a floating production, storage, and offloading (FPSO) vessel that will be deployed at a

about 2 months ago
Rendering of Texas LNG project; Source: Texas LNG, a subsidiary of Glenfarne Energy Transition
Business & Finance

Half a billion investment paving way for LNG project’s FID in Lone Star State

Texas LNG Brownsville, part of Glenfarne Group, has crossed another key item off its list of requirements for a final investment decision (FID) on a liquefied natural gas (LNG) export development project planned in the Port of Brownsville, Texas.

about 2 months ago
Australian company engages compatriot firm for work in the Philippines
Business & Finance

Australian company engages compatriot firm for work in the Philippines

Western Australia-based Tetragon Energy has awarded compatriot seismic processing company DUG Technology with a $1.45 million contract for reprocessing seismic data for its oil & gas permits offshore the Philippines. Tetragon Energy has a 37.5% interest in and is the operator of offshore permits SC-

about 2 months ago
Illustration; Source: Halliburton
Business & Finance

Eni, Halliburton cheer Asia-Pacific’s first integrated closed-loop rig automation milestone

U.S.-headquartered oilfield services player Halliburton and Italy’s energy giant Eni have celebrated a deepwater automation achievement with the deployment of a closed-loop drilling system off the coast of Indonesia.

about 2 months ago
‘UK’s largest-ever’ electricity transmission project in major construction phase
Business & Finance

‘UK’s largest-ever’ electricity transmission project in major construction phase

Eastern Green Link 2 (EGL2), a subsea link said to be the UK’s largest-ever electricity transmission project and the longest high-voltage direct current (HVDC) cable in the country, has entered the major construction phase, with detailed marine engineering surveys progressing along the offshore cabl

about 2 months ago
Shell breaks ground on Bahamas LNG project; Source: Shell
Business & Finance

Shell expands Caribbean LNG footprint with go-ahead for Bahamas regasification terminal

Shell Bahamas Power Company, a subsidiary of the UK-headquartered energy giant Shell, has taken a final investment decision (FID) and broken ground on a liquefied natural gas (LNG) regasification terminal in The Bahamas.

about 2 months ago