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Business & Finance

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Noble Resolve jack-up rig; Source: Noble
Business & Finance

Another first foray taking Noble rig to new location thanks to drilling gig offshore Poland

Noble Corporation has won a new assignment for one of its jack-up rigs, enabling it to work off the coast of Poland for the first time.

about 2 years ago
Coral-Sul FLNG (for illustration purposes); Source: Eni
Business & Finance

Interview: Africa’s oil & gas, renewables, and low-carbon plays set to flourish in the embrace of digitalization

One of Africa’s key tools to boost economic growth and take advantage of energy plays lies in the rollout of digital technologies to push production to all-time high levels and enhance the set of offerings to navigate and tackle safety, climate, costs, and regulatory complexities.

about 2 years ago
Valaris DS-17 drillship; Source: Equinor
Business & Finance

Valaris drillship lands 852-day job on natural gas project in Brazilian waters

Valaris has won a multi-year drilling assignment for one of its drillships in Brazil, which enables the rig to work for Equinor.

about 2 years ago
Shell's Brent Charlie arrives at Able Seaton Port; Source: Able UK
Business & Finance

WATCH: Shell brings down the curtain on one of ‘iconic’ North Sea oil & gas giants as ‘largest single piece’ comes into UK port

The arrival of Shell’s fourth and final platform to Able Seaton Port (ASP) in Hartlepool marks a new milestone in the decom undertaking, as it is perceived to be the largest single piece offshore topside.

about 2 years ago
Illustration; Source: GRTgaz
Business & Finance

France’s CO2 transport, liquefaction and export infrastructure project moves to pre-FEED stage

GRTgaz and Elengy have launched feasibility studies for their GOCO2 project aiming to capture and transport industrial CO2 emissions.

about 2 years ago
Norden to acquire Norlat Shipping to strengthen parcelling business
Business & Finance

Norden to acquire Norlat Shipping to strengthen parcelling business

Danish shipping company Norden has entered into an agreement to acquire Norwegian dry bulk operator Norlat Shipping.

about 2 years ago
AIS has secured multiple contracts to supply a range of subsea ancillary solutions on a deepwater oil field development located off the coast of Brazil.
Business & Finance

UK-based company wins multiple contracts for deepwater oil field project off Brazil

The contracts are from several engineering, procurement, construction, and installation (EPCI) and original equipment manufacturer (OEM) companies.

about 2 years ago
8th Ministerial on Climate Action; Source: COP28
Business & Finance

Chinese oil & gas major commits to global decarbonization initiative

PetroChina has joined the OGDC, a pledge aiming to accelerate decarbonization in the oil and gas sector worldwide.

about 2 years ago
Courtesy of Timor Gap
Business & Finance

Sunrise approaching Woodside’s gas horizon as negotiations move forward

Woodside has confirmed the participants’ determination and commitment to realizing the development of long-stalled offshore gas and condensate fields located approximately 450 km northwest of Darwin and 150 km south of Timor-Leste.

about 2 years ago
Driftwood LNG; Source: Tellurian
Business & Finance

Woodside splashes out $900 million to bring ‘global LNG powerhouse’ into play

Woodside has struck a deal to bolster its liquefied natural gas (LNG) arsenal by acquiring Tellurian, a U.S.-based natural gas player.

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Business & Finance

First production marks new milestone at world’s ‘fastest large-scale LNG project’

New Fortress Energy has celebrated the first LNG production from its floating LNG (FLNG) facility, which is made up of three repurposed jack-up rigs off the coast of Altamira, Mexico.

about 2 years ago
Illustration; Source: Parkmead Group
Business & Finance

UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland

The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.

about 2 years ago
Plaquemines LNG; Courtesy of Venture Global LNG
Business & Finance

Venture Global’s Plaquemines LNG ticking items for start-up off the list as US stamps of approval pour in

Venture Global has made inroads in securing all required approvals for its LNG export facility under construction in Plaquemines Parish, Louisiana.

about 2 years ago
Three more DOF vessels going to work for Petrobras
Business & Finance

Three DOF vessels going to work for Petrobras

Norwegian vessel owner DOF Group has secured multiple new contract awards that will see another three of its vessels working for Brazilian oil and gas giant Petrobras. Anchor handling tug and supply (AHTS) vessels Skandi Jupiter and Skandi Mercury, under management contracts with DOF, have been cont

about 2 years ago
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