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Business & Finance

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Block 3B/4B; Source: Eco Atlantic
Business & Finance

Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

about 2 months ago
Wave energy prototype makes a splash at BiMEP for technology validation
Business & Finance

Wave energy prototype makes a splash at BiMEP for technology validation

Spain-based consulting, engineering, and architecture services firm IDOM has deployed its prototype wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) as part of the system’s technological validation and to obtain key information for its future scalability. The MARMOK A 5 float

about 2 months ago
ABL lends a hand to Subsea7 offshore Brazil
Business & Finance

ABL lends a hand to Subsea7 offshore Brazil

ABL Energy & Marine Consultants Brasil has been selected for the marine warranty surveyor (MWS) role to support Subsea7 with the transportation and installation of subsea umbilicals, risers, and flowlines (SURF) infrastructure offshore Brazil. The scope will encompass pipelines installed on FPSO Mar

about 2 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Business & Finance

TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for th

about 2 months ago
FPSO Egina; Source: TotalEnergies
Business & Finance

Big Oil’s offshore drilling plans spotlight West Africa’s deepwater hydrocarbon potential

France-headquartered energy giant TotalEnergies and its U.S.-based peer Chevron have set the wheels in motion to embark on offshore drilling and appraisal activities off the coast of Nigeria in search of more deepwater oil and gas arsenal in West Africa.

about 2 months ago
Two new DNV standards target improved floating solar safety and performance
Business & Finance

Two new DNV standards target improved floating solar safety and performance

DNV has published two new coordinated standards for floating solar photovoltaic (FPV) systems with the aim of improving their safety, reliability, and long-term performance. These two new standards, DNV‑ST‑C108 Structural design of floats for floating photovoltaic systems and DNV‑ST‑E309 Station kee

about 2 months ago
South Korean cable maker buys cable laying vessel from DOF
Business & Finance

South Korean cable maker buys cable laying vessel from DOF

South Korea’s Taihan Cable & Solution has acquired a 2016-built cable laying vessel (CLV) from Norwegian DOF Group, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-ton class Skandi Connector was designed by Dutch shipbuilder Damen and has to date been deployed on

about 2 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business & Finance

TotalEnergies and Vitol strike US LNG deals with Venture Global

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has sealed two LNG agreements with France’s energy giant TotalEnergies and Vitol, an energy and commodities company.

about 2 months ago
Shell
Business & Finance

Shell entrusted with LNG cargo for Bulgargaz

UK-headquartered energy giant Shell has been chosen to deliver one cargo of liquefied natural gas (LNG) to Türkiye for the needs of Bulgargaz EAD, which is Bulgaria’s public supplier of natural gas and a subsidiary of Bulgarian Energy Holding EAD.

about 2 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Business & Finance

License extension out of the way, as Stamper advances multi-basin mission offshore Namibia

Canada-headquartered Stamper Oil & Gas Corp., a Namibia-focused oil and gas exploration company, has confirmed an extension of a Namibian offshore petroleum exploration license (PEL), as energy majors continue to move in across multiple basins in the African country to pursue hydrocarbon exploration

about 2 months ago
Ørsted looking to award six-year frame agreement for inspection services
Business & Finance

Ørsted looking to award six-year frame agreement for inspection services

Danish energy company Ørsted has issued a tender looking to award a six-year frame agreement for pipeline inspection services to be performed in the Danish part of the North Sea. Ørsted is planning for a new frame agreement with bi-annual remotely operated vehicle (ROV) inspection with planned call-

about 2 months ago
Illustration; Source: ABL Group
Business & Finance

ABL enhances its menu for energy industries with acquisition of Southeast Asia‑based firm

Oslo-listed global consultancy group ABL Group is expanding its end‑to‑end technical offering to the energy industries by making a move to bring into its fold SynergenOG, a Malaysia‑based process safety and technical risk management consultancy for the energy industry.

about 2 months ago
Føn Energy Services mobilizes for subsea, above-water inspections in ‘busiest season to date’
Business & Finance

Føn Energy Services mobilizes for subsea, above-water inspections in ‘busiest season to date’

Føn Energy Services has launched what it says will be its busiest offshore wind season to date, with inspection and repair campaigns underway across 14 offshore wind farms in the Netherlands, Scotland, Germany and Poland. The company has mobilized technicians, vessels, diving teams, remotely operate

about 2 months ago
Man pointing at offshore platform
Business & Finance

TotalEnergies shakes hands with EGAS on oil & gas search in Egyptian waters

France’s energy giant TotalEnergies has teamed up with the Egyptian Natural Gas Holding Company (EGAS), an Egyptian state-owned player, to pursue oil and gas exploration activities off the coast of Egypt.

about 2 months ago
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