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FPSO Léopold Sédar Senghor; Source: Seatrium
Business & Finance

‘Historic day’ for Woodside: First oil gushes out of Senegal’s inaugural offshore development

Australia’s energy giant Woodside has started production from Senegal’s first offshore oil deepwater development.

about 2 years ago
Document signing ceremony; Source: Staatsolie Maatschappij Suriname (Staatsolie)
Business & Finance

Trinidad and Tobago looking to buy gas from Suriname’s offshore fields

Suriname’s Staatsolie and Trinidad and Tobago’s National Energy have signed a letter of intent (LoI) to cooperate in the area of natural gas.

about 2 years ago
Illustration; Source: ADNOC Logistics and Services
Business & Finance

Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices

The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.

about 2 years ago
Dutch company converts 2016-built multi-purpose support vessel for survey ops
Business & Finance

Dutch company converts 2016-built multi-purpose support vessel for survey ops

Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo

about 2 years ago
Noble Valiant drillship; Source: Noble Corporation
Business & Finance

Gulf of Mexico: Further hydrocarbon upside potential on the horizon as initial drilling ops show promise

The intermediate logging of a well in the U.S. Gulf of Mexico is said to have confirmed high-quality, hydrocarbon-bearing sands in upper target sections.

about 2 years ago
Seabased wave energy converters (WECs) and buoys awaiting installation. Source: Seabased
Business & Finance

Barbados and Seabased join forces for wave power park

The Barbados Investment and Development Corporation (BIDC) and Swedish wave energy company Seabased Group have inked a memorandum of understanding (MOU) to build a wave power park.

about 2 years ago
NEDO backs JERA’s study on hydrogen and ammonia in Thailand
Business & Finance

NEDO backs JERA’s study on hydrogen and ammonia in Thailand

JERA’s survey of hydrogen and ammonia demand, and demonstration research to achieve stable operation of ammonia cracking equipment in Thailand has been selected as a New Energy and Industrial Technology Development Organization (NEDO) International Project.

about 2 years ago
Prysmian's Monna Lisa steps closer to delivery in early 2025
Business & Finance

171-meter Prysmian cable layer steps closer to delivery with launch at VARD

Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L

about 2 years ago
GMS Scirocco; Source: Gulf Marine Services (GMS)
Business & Finance

Vessel gig’s next stage pushes GMS’ backlog to $431.2 million

UAE-based Gulf Marine Services (GMS) has sealed the second phase of a multi-year contract for one of its vessels in the Middle East.

about 2 years ago
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Business & Finance

To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind

Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business & Finance

UK firm dropping out of Shell’s North Sea gas discovery due to funding woes

Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.

about 2 years ago
All clear for TGS and PGS merger
Business & Finance

All clear for merger of Norwegian seismic firms

Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to

about 2 years ago
Transocean Enabler; Source: Transocean
Business & Finance

Vår Energi all done with intra-group merger

Norway’s Vår Energi has completed the merger with its wholly-owned subsidiary Vår Energi Norge, previously known as Neptune Energy Norge.

about 2 years ago
EnergyPathways
Business & Finance

UK firm set on getting hold of gas storage license in its East Irish Sea project area

EnergyPathways has confirmed its interest in acquiring a gas storage license situated in the same area as its undeveloped gas field in the East Irish Sea.

about 2 years ago
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