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TGS
Business & Finance

New OBN data deal takes TGS to Gulf of Mexico

TGS has won a contract for proprietary ocean bottom node (OBN) data acquisition, which will be carried out in the Gulf of Mexico.

about 2 years ago
Dutch government takes part in PosHYdon offshore hydrogen project
Business & Finance

Dutch government takes part in PosHYdon offshore hydrogen project

The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas,

about 2 years ago
Koil Energy Solutions
Business & Finance

Gulf of Mexico operator hires US subsea player on multi-million deal

Koil Energy Solutions, formerly known as Deep Down, has got its hands on a multi-million-dollar contract for innovative flying leads from an undisclosed operator in the Gulf of Mexico.

about 2 years ago
Everfuel-Hy24 JV inks final agreement on increased Danish PtX tender award
Business & Finance

Everfuel-Hy24 JV inks final agreement on increased Danish PtX tender award

A joint venture formed by Denmark-based green hydrogen company Everfuel and Hy24, a manager of the world’s largest clean hydrogen infrastructure fund, has signed the final agreement with the Danish government on an increased award in the country’s first Power-to-X (PtX) tender. On November 17, the D

about 2 years ago
SBM Offshore's Fast4Ward FPSO design; Source: SBM Offshore
Business & Finance

SBM Offshore speeding up FPSO projects with new multi-purpose floater hull financing

SBM Offshore has secured a new multi-million revolving credit facility (RCF) for the financing of the construction of Fast4Ward multi-purpose floater (MPF) hulls.

about 2 years ago
Barossa concept; Source: Santos
Business & Finance

All-systems-go for drilling ops at giant gas project off Australia

Santos has received a stamp of approval for an environment plan (EP), covering development drilling activities at the Barossa gas field off the coast of Australia.

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Aker BP keeping Odfjell Drilling rig busy until end of 2026

Odfjell Drilling has inked an amendment with Aker BP which enables the extension of the firm contract for a semi-submersible drilling rig hired for work on the Norwegian continental shelf (NCS).

about 2 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Business & Finance

All-systems-go for Harbour to drill North Sea prospect with Noble rig

Harbour Energy has received consent for exploration drilling in the North Sea, using one of Noble Corporation’s jack-up rigs.

about 2 years ago
Gunvor closes €400 million loan to secure LNG supplies for Italian industry
Business & Finance

Gunvor closes €400 million loan to secure LNG supplies for Italian industry

Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services. The five-year facility is guaranteed by SACE, the Italian Export Credit Agency (ECA), with U

about 2 years ago
Geert Schouten, Director of Shipbuilder; Source: Shipbuilder
Business & Finance

Shipbuilder: Cutting down construction risks for offshore vessels with digitalization

Shipbuilder’s director believes companies can avoid a big chunk of risks involved in vessel construction with digitalization.

about 2 years ago
Bluestream OEG
Business & Finance

UK’s OEG to buy Bluestream Offshore

OEG Energy Group (OEG) has signed a sale and purchase agreement (SPA) to acquire Dutch subsea and topside services specialist Bluestream Offshore. The acquisition is expected to increase OEG’s subsea and topside capabilities while expanding its operating footprint to be able to pursue further opport

about 2 years ago
JERA and Pertamina to collaborate on low-carbon fuels value chain
Business & Finance

JERA and Pertamina to collaborate on low-carbon fuels value chain

Japanese energy giant JERA and Indonesia’s largest state-owned oil and natural gas company Pertamina have signed a memorandum of understanding (MoU) to collaborate on business opportunities for infrastructure investment in low-carbon fuels such as LNG and hydrogen/ammonia. JERA and Pertmina announce

about 2 years ago
Out with financial bid criteria, in with unrestrained innovation in offshore wind
Business & Finance

Out with financial bid criteria, in with unrestrained innovation in offshore wind

A healthy market framework is necessary for offshore wind projects to be sustainable and future-proof, and changes to the tendering framework can help ensure that, Ireen Geerbex, Director Market Development the Netherlands at Vattenfall, said during this year’s Offshore Energy Exhibition and Confere

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

US – natural gas love affair: Policymakers urged to acknowledge LNG’s ‘vital’ role in clinching global energy security and decarbonization

API is adamant that oil and gas will continue to be at the heart of energy security with LNG further entrenching its transition fuel label.

about 2 years ago
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