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Business & Finance

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Dutch NDT firm expands with subsea ROV and flying drone inspections
Business & Finance

Dutch NDT firm expands with subsea ROV and flying drone inspections

Dutch non-destructive testing specialist Ned Marine Services has expanded its inspection capabilities with the launch of subsea remotely operated vehicle (ROV) and flying drone inspection services for non-destructive testing (NDT). The new service is aimed at Dutch and wider European customers and i

about 4 months ago
Illustration; Source: Petronas
Business & Finance

Petronas seals 20-year deal with MISC for newbuild LNG vessel quintet

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Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has struck a multi-year charter with Petronas LNG Ltd. (PLL), a subsidiary of Petronas, for five newbuild liquefied natural gas (LNG) carrier

about 4 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Business & Finance

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 4 months ago
Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland
Business & Finance

Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland

Danish wave energy firm Wavepiston and its Spain-headquartered partner Bluenewables have submitted all permitting documentation for a site in Gran Canaria where a pilot wave energy farm is planned to be developed. Wavepiston describes the submission of permitting documentation for the selected site

about 4 months ago
Block 3 offshore Syria; Source: QatarEnergy
Business & Finance

TotalEnergies, QatarEnergy, ConocoPhillips, and SPC pool resources for Mediterranean oil & gas search

Three international oil and gas players, France’s TotalEnergies, Qatar’s QatarEnergy, and U.S.-headquartered ConocoPhillips, have joined forces with the Syrian Petroleum Company (SPC), Syria’s state-owned oil exploration and production company, to embark on a hydrocarbon quest in the Mediterranean S

about 4 months ago
Bass Strait; Source: Woodside
Business & Finance

Scottish player remains on support duty for Australian offshore drilling ops until 2036

Aberdeen-headquartered energy solutions business OEG has obtained a long-term multimillion-dollar contract extension to provide assistance during drilling activities off the coast of Australia.

about 4 months ago
UK firm becomes shareholder in shipyard that built its USVs
Business & Finance

UK firm becomes shareholder in shipyard that built its USVs

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has made a strategic investment in the Manor Marine shipyard, which in the last 12 months constructed and outfitted all four Oceanus12 vessels currently in operation. By becoming a shareholder in Manor Marine, ZeroUSV says it se

about 4 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Business & Finance

Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while

about 4 months ago
Onshore plant and a docked LNG vessel
Business & Finance

LNG capacity boost emerging in Oceania as new gas project gets the green light

With a final investment decision (FID) now out of the way, Australia’s energy giant Santos and its joint venture partners will move forward with the development of a tie-in gas project in Papua New Guinea (PNG), Oceania.

about 4 months ago
Deadline extended for innovation program targeting offshore energy solutions
Business & Finance

Deadline extended for innovation program targeting offshore energy solutions

Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, has extended the application deadline for its second innovation call targeting small and medium-sized enterprises (SMEs) developing products, technologies, or services in the offshore energy sector. The

about 4 months ago
OneSubsea targets next-gen technologies with purchase of Norwegian subsea business
Business & Finance

OneSubsea targets next-gen technologies with purchase of Norwegian subsea business

OneSubsea, a joint venture (JV) established in 2023 by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norwegian Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Gro

about 4 months ago
After ABS, Seatrium forges partnership with Bureau Veritas
Business & Finance

After ABS, Seatrium forges partnership with Bureau Veritas

Seatrium Technology & Innovation, a technology subsidiary of Singapore’s offshore, marine, and energy engineering solutions specialist Seatrium, has signed a memorandum of understanding (MoU) with Bureau Veritas Marine & Offshore to advance next-generation offshore power and digital infrastructure c

about 4 months ago
Browse to North-West Shelf project development concept; Source: Woodside
Business & Finance

$30 billion mega gas project set to enrich Australia’s countrywide GDP by $98.7 billion

Australian energy giant Woodside has highlighted the findings of a new report, which indicates that the development of what is said to be Australia’s largest untapped conventional gas resource could bring a multibillion-dollar boost to the country’s economy, while fortifying its energy security.

about 4 months ago
West Jupiter drillship; Source: Seadrill
Business & Finance

Seadrill’s new rig deals of over $860 million lift total backlog to $3.1 billion

Seadrill, an offshore drilling contractor, has secured a batch of rig assignments and extensions across the U.S. Gulf, Brazil, and Angola, with LLOG, a subsidiary of Harbour Energy, Brazil’s state-owned oil and gas giant Petrobras, and France’s energy giant TotalEnergies..

about 4 months ago