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Business & Finance

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FPF-1; Source: Ithaca Energy
Business & Finance

Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute

Multiple offshore members employed by Bilfinger are set to kick off multi-day industrial action due to a dispute over pay, which will lead to an eight-day stoppage at a floating storage unit (FSU) and a floating production facility (FPF) on the UK Continental Shelf (UKCS).

about 3 months ago
Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount
Business & Finance

Offshore Energy Amsterdam 2026 opens early bird ticket sales with 25% discount

Offshore Energy Amsterdam 2026 has officially opened its Early Bird ticket sales. Industry professionals can now secure their place at Europe’s leading event for the offshore energy and maritime sectors with an exclusive 25% discount, available until 30 June 2026. Taking place on 24 and 25 November

about 3 months ago
LNG Canada
Business & Finance

JGC, Fluor in the clear for early works to double output at Shell-run LNG Canada

JGC Fluor BC LNG II joint venture (JV), composed of Japan’s JGC Holdings Corporation and Fluor Corporation, has been given the go-ahead to move forward with early activities for the expansion of a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by

about 3 months ago
Solstad goes on decarbonisation quest with Wärtsilä
Business & Finance

SBM Offshore, Solstad enrich fleet pool with new multi‑purpose installation vessel

Norwegian shipping company Solstad Offshore has joined forces with Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, to strengthen its fleet with a new-build multi-purpose deepwater installation and construction vesse

about 3 months ago
MSC
Business & Finance

Projectile strikes on MSC’s vessel raise maritime security concerns

Switzerland-headquartered Mediterranean Shipping Company (MSC), a privately owned global shipping and logistics giant and part of MSC Group, has reported two projectile attacks on its Panama-flagged cargo ship in the Middle East, which is interpreted to highlight threats to maritime trade.

about 3 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Business & Finance

BP flows first non-associated gas from its giant Caspian Sea field

UK-headquartered energy giant BP has achieved the start of non-associated gas (NAG) production at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 3 months ago
JDR opens subsea cable factory in Blyth
Business & Finance

JDR opens subsea cable factory in Blyth

JDR Cable Systems has opened its new subsea cable factory in Cambois, near Blyth, UK, which the company says expands its capacity to supply inter-array, interconnector and export cable systems for offshore wind projects. The new plant is aimed at supporting growing demand for offshore wind infrastru

about 3 months ago
Fast4Ward FPSO design; Source: SBM Offshore
Business & Finance

SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo

Given its plan to bring to life two approved oil and gas developments in the Sergipe Alagoas Basin off the coast of Brazil, the country’s state-owned energy giant Petrobras has signed off on deals for two floating production, storage, and offloading (FPSO) units with Dutch giant SBM Offshore, laying

about 3 months ago
TotalEnergies - North Sea strike
Business & Finance

Strike over pay dispute on North Sea oil workers’ voting agenda

Multiple offshore workers are poised to cast their votes to determine whether they will embark on industrial action at two platforms in the North Sea on the UK Continental Shelf (UKCS), which are operated by Neo Next + Energy E&P, created by the merger between TotalEnergies’ UK North Sea upstream oi

about 3 months ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Business & Finance

CB&I scores multimillion-dollar assignment for $13 billion US LNG project

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has won a new deal for multiple liquefied natural gas (LNG) storage tanks destined for an LNG export project under development in Louisiana, United S

about 3 months ago
Sociedad Portuaria Puerto Bahía (Puerto Bahía)
Business & Finance

Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease

Canada’s Frontera Energy Corporation has pivoted to a fully focused, pure-play energy infrastructure company by exiting the exploration and production segment and betting on liquefied natural gas (LNG), liquefied petroleum gas (LPG), and container growth at Puerto Bahía.

about 3 months ago
Platinum Explorer drillship; Source: Vantage Drilling
Business & Finance

Rig market consolidation continues with Vantage Drilling-Eldorado merger

Vantage Drilling, a Bermuda-exempted offshore drilling contractor, and Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors, have embarked on a merger quest, which is expected to strengthen drilling capabilities, customer relationships, and investment ca

about 3 months ago
Early works starting for project that will link Western Isles to UK transmission network
Business & Finance

Early works starting for project that will link Western Isles to UK transmission network

Early works to support the installation of the mainland underground cable section of the 1.8 GW power transmission link that will connect the Scottish Western Isles to the UK national electricity transmission network for the first time are set to begin on June 8. The Western Isles HVDC Link will con

about 3 months ago
EemsEnergyTerminal in Eemshaven; Courtesy of Gasunie
Business & Finance

Dutch LNG terminal eyes 2036 horizon as Gasunie, Vopak back conditional lifeline extension

A conditional final investment decision (cFID) is paving the way to prolong operations at a liquefied natural gas (LNG) terminal in the Netherlands until 2036, securing its role in the country’s LNG infrastructure beyond 2027.

about 3 months ago
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