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Business & Finance

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Eagle Explorer
Business & Finance

SeaBird’s 2009-built seismic vessel gets prolonged assignment

Cyprus-headquartered seismic company SeaBird Exploration has secured a contract extension with a repeat client that will see its seismic research vessel Eagle Explorer working in the Western Hemisphere. SeaBird Exploration announced on May 21 that it had won an ocean bottom node (OBN) source contrac

about 2 years ago
Another Solstad vessel secures long-term work with Italian cabling giant
Business & Finance

Another Solstad vessel secures long-term work with Italian cabling giant

Italian cabling giant Prysmian has awarded a five-year contract to Norwegian shipping company Solstad Offshore for a subsea construction vessel (CSV) set to support the installation of power cable systems on the company’s projects. The CSV Normand Ocean will be on a firm contract with Prysmian which

about 2 years ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Business & Finance

Louisiana’s LNG export terminal changing hands but FID still on track for next year

Kimmeridge has got its hands on the biggest slice of a proposed LNG export terminal project near Cameron, Louisiana.

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

Repsol handpicks headhunter to staff its Norwegian onshore and offshore assets

AGR has won a frame agreement with Repsol Norge to recruit energy professionals for the latter’s operations in the Nordic country.

about 2 years ago
SBM Offshore's Fast4Ward MPF5 hull; Source: Shanghai Waigaoqiao Shipbuilding (SWS)
Business & Finance

With hull in dry dock, SBM Offshore marks construction milestone for Guyana-bound FPSO

Chinese shipyard Shanghai Waigaoqiao Shipbuilding has taken into its dry dock a hull built for the Netherlands-based SBM Offshore.

about 2 years ago
Deepwater Nautilus rig; Source: Transocean
Business & Finance

Transocean’s 24-year-old stacked rig going to mystery buyer next quarter

Transocean has set the wheels into motion to get rid of one of its stacked ultra-deepwater floaters to turn its attention to its core fleet assets.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business & Finance

Three oil & gas rigs say their goodbyes to Seadrill’s offshore drilling fleet

Seadrill has sold three jack-up rigs deployed in Qatar to its ex-joint venture partner, Gulf Drilling International (GDI).

about 2 years ago
Congo FLNG; Source: Eni
Business & Finance

Construction of second Congo-bound FLNG progressing on course for start-up next year, Eni says

Eni has confirmed that the building works related to a new 2.4 million tonnes per year (mtpa) FLNG unit are moving forward in line with its timeline.

about 2 years ago
New alliance looking into development of hydrogen and ammonia technologies
Business & Finance

New alliance looking into development of hydrogen and ammonia technologies

KKR and IGNIS have agreed to launch a platform IGNIS P2X to develop primarily green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors.

about 2 years ago
Zhoushan yard; Source: Wison New Energies
Business & Finance

Chinese energy firm packs its bags to join the exodus from Russia

China-based provider of clean energy services Wison New Energies has signaled its intention to end all current and future Russian operations.

about 2 years ago
Partners to start construction of low-carbon ammonia facility in Abu Dhabi
Business & Finance

Partners to start construction of low-carbon ammonia facility in Abu Dhabi

TA’ZIZ, Fertiglobe, Mitsui & Co. and GS Energy Corporation have agreed to commence construction of a low-carbon ammonia production facility in Abu Dhabi, United Arab Emirates (UAE).

about 2 years ago
Ocean Installer picked for major subsea scope at Equinor's large North Sea oil & gas field
Business & Finance

Ocean Installer picked for major subsea scope at Equinor’s large oil & gas field

Norwegian state-owned energy company Equinor has awarded compatriot Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract to deliver a subsea scope for its huge oil and natural gas field in the Norwegian sector of the North Sea. Equinor and its partners have

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

Namibia’s discoveries seen as silver lining: Global drilling costs up but exploration success rate down

High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.

about 2 years ago
Illustration; Source: China Shipbuilding
Business & Finance

Chinese shipbuilder in need of GTT’s bag of tricks for tank design of 10 very large LNG carriers

France’s GTT has received an order from Hudong-Zhonghua for the tank design of 10 new very large liquefied natural gas carriers (LNGCs).

about 2 years ago
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