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HDKSOE
Business & Finance

HD KSOE won orders for 25 ships since the beginning of 2024 worth over $2.15 billion

HD Korea Shipbuilding & Marine Engineering, the holding entity of HD Hyundai Shipbuilding Division, has kickstarted the year on a high note with a flurry of orders. Namely, since the beginning of the year, the South Korean shipbuilding major has signed construction contracts for a total of 25 ships

about 2 years ago
Italian TSO puts submarine drone for seabed surveys to test
Business & Finance

Italian TSO puts submarine drone for seabed surveys to test

Italian transmission system operator (TSO) Terna has launched a project in cooperation with U.S. startup Terradepth focused on testing innovative approaches to surveying the seabed for planning environmentally friendly submarine electrical connections. As part of Project Odisseo, the first test was

about 2 years ago
Illustration. Source: Equinor
Business & Finance

With ‘high’ oil & gas activity in 2023, more exploration in frontier areas on Norway‘s wish list

Out of the 34 exploration wells spudded on the NCS last year 23 were wildcat wells, which resulted in 14 discoveries.

about 2 years ago
Tyra II; Source: TotalEnergies
Business & Finance

Green light for drilling ops that may bring more gas to Denmark’s largest natural gas hub

A FID has been taken to drill a well in the Harald East area, enabling any discovered gas to be exported through the Tyra facilities.

about 2 years ago
ABL Group
Business & Finance

Two firms pool resources to secure top spot in rig inspection market

ABL’s Rig Inspection division and Integrity HSE have forged a strategic alliance in a bid to expand their suite of offerings and services.

about 2 years ago
FLNG Gimi destined for BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business & Finance

FLNG’s arrival marks ‘major’ step toward first gas from BP’s giant project

BP has welcomed the arrival of an FLNG unit destined for its Greater Tortue Ahmeyim (GTA) LNG project off the coasts of Mauritania and Senegal.

about 2 years ago
DeepOcean buys Norwegian firm to grow subsea offering
Business & Finance

Acquisition of Norwegian company next move in DeepOcean’s effort to grow subsea offering

A couple of days after news about a charter of a converted, battery-powered vessel to boost its subsea offering, DeepOcean announced it was acquiring digital transformation company Btwn AS as part of its ambition to grow its offering within digitalization and automation of subsea operations. Btwn –

about 2 years ago
Pacific Basin
Business & Finance

Pacific Basin forms new committee to drive sustainability agenda

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping Limited has established a dedicated board-level Sustainability Committee to better align its business strategy to sustainability targets.

about 2 years ago
Following pre-funding, PGS, TGS and SLB to expand seismic data coverage off Malaysia
Business & Finance

Following pre-funding, PGS, TGS and SLB to expand seismic data coverage off Malaysia

The consortium of TGS, PGS and SLB has secured pre-funding to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia. The seventh phase of this multi-year project encompasses over 5,000 kilometers of new 2D seismic data acquisition, over 2,600 kilometers of legacy seismic dat

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

Equinor comes up dry in North Sea well

Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.

about 2 years ago
FPSO Armada Sterling V; Source: Shapoorji Pallonji Energy (SP Energy)
Business & Finance

SP Energy confirms first oil from FPSO deployed at deepwater project off India

SP Energy is enthusiastic about the first oil from an FPSO vessel, which is working for Oil & Natural Gas Corporation (ONGC).

about 2 years ago
Illustration; Source: American Petroleum Institute (API)
Business & Finance

API: America’s energy plan needs to rest on three ‘core’ pillars

API has highlighted three main aspects of a long-term energy plan for the U.S. to ensure its ability to keep the lights on.

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

Azule Energy’s digital steps to speed up four oil projects enable FutureOn’s first foray into West Africa

To step up the development of four oil projects, Azule Energy has set its cap on using FutureOn’s digital design and visualization platform.

about 2 years ago
FPSO Petrojarl I; Source: Enauta
Business & Finance

Third Brazilian well comes back on stream

Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil.

about 2 years ago
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