SBM Offshore has tucked a new milestone under its belt with the completion of a floating production, storage, and offloading (FPSO) vessel’s final module lifts at Seatrium’s yard in Singapore. This FPSO will work on ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.
Four transmission system operators (TSOs) have pooled resources to create a joint venture (JV) company that will bring a subsea cable link between Azerbaijan, Romania, Georgia, and Hungary to life for a price tag of €3.5 billion, sending renewable electricity from the South Caucasus region straight
Ocean Installer, part of the Moreld Group, has moved to the final stage of its subsea scope for a giant new floating production, storage, and offloading (FPSO) vessel, which is slated to start its three-decade job next quarter at a large oil project in the Barents Sea off the coast of Norway.
Wärtsilä and Chevron are teaming up on converting one engine on six of Chevron Transport Corporation’s liquefied natural gas (LNG) carriers in a bid to reduce their methane emissions.
With revenue recognition on the horizon, Ocean Power Technologies (OPT), a U.S.-based marine energy firm, has completed preparations to ship the AI-capable Merrows PowerBouy (PB) to a customer in the Middle East. With the shipment of the PB, OPT will advance to the next phase of revenue recognition
Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to guide the design of the offshore wind project. According to TGS, the survey began in October 2023 and
Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.
Australian energy player Woodside has signed a long-term sale and purchase agreement (SPA) with Japan’s power generation company JERA, a joint venture of TEPCO Fuel & Power Incorporated and Chubu Electric Power Company, to deliver liquefied natural gas (LNG) to Japan.
Dolphin Drilling has revealed that one of its semi-submersible rigs is heading down the home stretch to India, where it will begin its new drilling campaign.
After the acquisition of UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, by Canada-based Touchstone Exploration was upheaved by a cash offer from a third player, Trinidad-headquartered Lease Operators, the new w
CNOOC has kicked off production from an oil project off the coast of China, which has been equipped with a platform and floating production, storage, and offloading (FPSO) unit as part of the revitalization efforts undertaken at old deepwater oil fields, contributing new value to ensure the country’
Shell and TotalEnergies have sealed multi-year liquefied natural gas (LNG) deals with the Turkish Petroleum Pipeline Corporation (BOTAŞ).
Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has signed a binding multi-year terminal use agreement (TUA) with Greek gas player Gastrade, to supply markets in Central and Eastern Europe (CEE) with LNG from the former’s Louisiana terminals.
Golar LNG is pooling resources with China’s CIMC Raffles and Black & Veatch to bring to life an MK II floating LNG (FLNG) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (mtpa).
