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Business & Finance

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TotalEnergies ships first LNG cargo from Mexican project to Asia
Business & Finance

TotalEnergies ships first LNG cargo from Mexican project to Asia

France’s energy giant TotalEnergies has shipped the first cargo to Asia from the first liquefied natural gas (LNG) export terminal on Mexico’s Pacific Coast, currently under commissioning. ECA LNG Phase 1 consists of a single-train liquefaction facility with a nameplate LNG capacity of 3.25 million

18 days ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling’s 52-year-old rig secures longer run in India’s oil & gas exploration game

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has revealed that one of its units is staying longer at an assignment off the coast of India with Oil India Limited, an exploration and

18 days ago
Al Rekayyat
Business & Finance

Shipping incident: Projectile hits LNG carrier in Strait of Hormuz

Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has reported a vessel incident in the Strait of Hormuz.

19 days ago
Kinetics' FSRU; Courtesy of Kinetics, a Karpowership initiative
Business & Finance

Karpowership-backed Kinetics kicks off work on flagship high-capacity FSRU

Kinetics, a Karpowership initiative, has embarked on the construction of the first in its series of planned next-generation floating storage and regasification units (FSRUs) at Seatrium’s Tuas Boulevard Yard in Singapore.

19 days ago
Dutch getting ready to test ocean current tech in open water
Business & Finance

Dutch getting ready to test ocean current tech in open water

Dutch Equinox Ocean Turbines (EQOT) is about to start open-water testing of its ocean current platform to gather data required for de-risking and advancing the technology toward commercial deployment. The open-water testing of the Mobula 5 1:10 prototype will begin in Friesland, the Netherlands, on

19 days ago
Enersea launches LNG loading platform for South America; Source: Enersea
Business & Finance

Enersea’s LNG solution for South American project offers ‘cost-effective’ alternative to jetties

The Netherlands-headquartered offshore energy engineering player Enersea has unveiled a liquefied natural gas (LNG) loading platform concept as part of a major LNG infrastructure development in South America, spotlighting innovation’s role in upping the LNG terminal development ante while cutting co

19 days ago
One landfall to go in France for first interconnector to Spain
Business & Finance

One landfall to go in France for first interconnector to Spain

Danish power cable manufacturer and installation firm NKT has completed two of the three landfalls in France for this country’s first submarine electricity interconnection to Spain. Delivered by Inelfe, a joint venture between the Spanish transmission system operator (TSO) Red Eléctrica and the Fren

19 days ago
Illustration; Courtesy of MidOcean Energy
Business & Finance

$1.13 billion injection from UAE player fuels growth of EIG’s LNG arm

An investor, headquartered in the United Arab Emirates (UAE), has backed MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG), with a billion-dollar investment.

19 days ago
Illustration; Courtesy of Nigeria LNG
Business & Finance

Nigeria’s gas ambitions ignite as batch of deals pushes energy security agenda forward

The Nigerian National Petroleum Company (NNPC) has sealed multiple gas agreements to unleash Nigeria’s gas aspirations as a catalyst for industrial growth and enhance the African nation’s energy security.

19 days ago
Oceaneering and Petrobras extend collaboration through four-year ROV agreement
Business & Finance

Oceaneering and Petrobras extend collaboration through four-year ROV agreement

U.S. subsea engineering and applied technology firm Oceaneering International and Brazilian state-owned energy giant Petrobras have expanded their collaboration with a four-year contract for remotely operated vehicle (ROV) services. Following a competitive tender process, Oceaneering’s Brazilian sub

19 days ago
Well-Safe Defender rig; Source: Well-Safe Solutions (video)
Business & Finance

Well-Safe bags new North Sea decom job: Archer, NMC Energy supporting P&A ops for 260+ wells

Aberdeen-based decommissioning services provider Well-Safe Solutions has landed a new decommissioning assignment at a field in the North Sea on the UK Continental Shelf (UKCS) and hired Archer and NMC Energy to lend a hand with the plug and abandonment (P&A) scope of work.

19 days ago
SSV Catarina rig; Source: Ventura Offshore
Business & Finance

Encore for Ventura Offshore rig as Eni and Petronas extend Southeast Asian drilling gig

Eni Muara Bakau, a subsidiary of Searah that represents a joint venture between Eni and Petronas, has prolonged a drilling assignment being conducted off the coast of Indonesia by a semi-submersible rig owned by Brazil’s deepwater offshore drilling contractor Ventura Offshore.

20 days ago
Illustration; Source: BOEM
Business & Finance

August bid date opening path to 80 million acres in third Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled a final notice for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act.

20 days ago
DOF vessel finds more work in Australia
Business & Finance

DOF vessel finds more work in Australia

Norway’s DOF Group is set to commence a subsea construction and pre-commissioning support services contract in the Asia-Pacific (APAC) region in the fourth quarter of 2026. DOF reported the award of the contract described as large, with value between $50 million and $100 million, today, July 7, for

20 days ago
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