Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Business & Finance

Loading filters...
Fossil EnergyOil & GasRigsBusiness Developments & ProjectsExploration & ProductionProduction & ProcessingSubseaOutlook & StrategyProject & TendersClean FuelLiquefied Natural GasOther FuelsAuthorities & GovernmentRegulation & PolicyRules & RegulationCablingInterconnectorsInfrastructureTransitionVisionBiofuelsFPSO & VesselsGreen MarineShipbuildingVesselsPipesMethanolSurveys & InterventionsVessels & VehiclesAlternative FuelsAmmoniaEnergy Efficiency & InnovationEnergy TransitionInnovation
NAGA 8; Source: Velesto
Business & Finance

Asian drilling campaign continues with third well after first came online, second set to follow suit

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has made inroads in its infill drilling campaign off the coast of Malaysia by putting the first well into production mode, with the second one already drilled and activities at the third now underway.

about 3 months ago
Saipem preparing for SURF campaign offshore Suriname
Business & Finance

Saipem preparing for SURF campaign offshore Suriname

  • 1
  • …
  • 35
  • 36
  • 37
  • …
  • 9786

Saipem has started operations for Suriname’s first large-scale offshore oil development, operated by TotalEnergies, as part of its subsea umbilicals, risers and flowlines (SURF) contract awarded in 2024. Saipem is in charge of the engineering, procurement, supply, construction, installation, pre-com

about 3 months ago
Illustration; Courtesy of AES Panama
Business & Finance

Arbitration tribunal set up in dispute over revoked gas-to-power and LNG terminal permits

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has confirmed the formation of an independent tribunal in an arbitration case related to the cancelation of permits for a gas-to-power development in

about 3 months ago
Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector
Business & Finance

Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector

The UK National Grid has launched a public consultation in North Wales for Western Link 2, a new subsea electricity connection that will link Scotland and Wales. The project, jointly developed by National Grid and Scottish Power Energy Networks (SPEN), will be approximately 340 kilometers long and w

about 3 months ago
Prysmian lands €910 million job for Greek island grid interconnections
Business & Finance

Prysmian lands €910 million job for Greek island grid interconnections

Italy’s Prysmian has secured a framework agreement with Greek electricity grid operator Independent Power Transmission Operator (IPTO) valued at around €910 million for the development of electrical interconnections for the Dodecanese and North Aegean islands in Greece. Prysmian will design, manufac

about 3 months ago
Petrobras orders four new tankers for $427 million
Business & Finance

Petrobras orders four new tankers for $427 million

Brazil’s state-controlled oil company Petrobras has placed a $427 million order with the Estaleiro Rio Grande shipyard for the construction of four medium-range oil tankers that will transport oil and petroleum products along the Brazilian coast. The contract was signed through Petrobras Transporte

about 3 months ago
CLV Monna Lisa; Source: Prysmian
Business & Finance

Green light for Prysmian to construct first interconnector between Europe and Africa

Italian cabling giant Prysmian has received the notice to proceed for the construction of the submarine power interconnection between Italy and Tunisia. The Elmed project will be the first direct current connection between Europe and Africa and will run from the Partanna electrical substation in Sic

about 3 months ago
Illustration; Source: Saipem
Business & Finance

Saipem wins $1 billion contract for Eni and BP’s recently sanctioned project

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded Saipem and TechnipFMC with contracts for an ultra-deepwater development in Angola, following the announcement of the final investment decision (FID). Eni reported on June 22 that the FID had been reached for the Greater P

about 3 months ago
Another local company comes onboard Indonesian natural gas project
Business & Finance

Another local company comes onboard Indonesian natural gas project

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas firm Conrad Asia Energy, has awarded PT PAL Indonesia with an engineering, procurement, construction and transport contract for the conductor support frame (CSF) for its natural gas field in th

about 3 months ago
Methanol-ready subsea vessel traveling from Vietnam to Norway for completion
Business & Finance

Methanol-ready subsea vessel traveling from Vietnam to Norway for completion

Rem Offshore’s second energy subsea construction vessel (ESCV) is currently on its way from Vietnam to Norway, where it will undergo outfitting and final completion. The Norwegian shipping company reported that REM Ocean was delivered from the hull yard in Song Cam, Vietnam, on June 15. The tow star

about 3 months ago
Fortescue, CMB.TECH in zero-emissions shipping deal for 12 ammonia-capable vessels
Business & Finance

Fortescue, CMB.TECH in zero-emissions shipping deal for 12 ammonia-capable vessels

Australian green technology, energy, and metals company Fortescue is set to charter a fleet of 12 ammonia-capable vessels from Bocimar, CMB.TECH’s dry bulk shipping operator, under a newly signed agreement. Fortescue will charter 12 Newcastlemax dry bulk vessels (210,000 dwt), with up to three to be

about 3 months ago
Champlain Hudson Power Express transmission line is now online in New York; Source: NKT
Business & Finance

New York City switches on $6 billion HVDC link to fuel Big Apple with Canadian hydropower

Denmark-headquartered power cable manufacturer and installation player NKT, alongside other players breathing life into an underwater high-voltage direct current (HVDC) cable project between the U.S. and Canada, has participated in the launch of the cross-border transmission development, which opens

about 3 months ago
Troll A platform; Source: Jan Arne Wold/Equinor
Business & Finance

Up to $420 million investment in North Sea subsea project unleashing more European gas

Norway’s state-owned energy giant Equinor and its partners – Petoro, Shell, TotalEnergies, and ConocoPhillips – have set their cap on investing just over NOK 4 billion (around $410–420 million) in a new subsea development, which will boost gas production from a field in the Norwegian sector of the N

about 3 months ago
Mist rig; Source: Borr Drilling
Business & Finance

Eight-well drilling program ups oil output at Southeast Asian offshore field

Canada-based Valeura Energy, an oil and gas company, has wrapped up its multi-well drilling campaign, which led to an oil production boost at an oil field off the coast of Thailand, Southeast Asia.

about 3 months ago