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Business & Finance

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Illustration; Source: TGS
Business & Finance

TGS on ultra-high resolution OBN mission in US Gulf

Norwegian energy data and intelligence provider TGS has landed a new assignment in the United States (U.S.), which will enable it to advance ocean bottom node (OBN) ultra‑high resolution seismic data in the Gulf of America (U.S. Gulf of Mexico).

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

New Wave Offshore Energy gets mission-critical oversight job on Shell’s Brazilian oil & gas project

New Wave Offshore Energy, Texas-headquartered marine consultants, has been tasked with a marine warranty services (MWS) assignment for an oil and gas deepwater development off the coast of Brazil, which is operated by Shell Brasil Petróleo (Shell Brasil), a subsidiary of the UK-headquartered energy

about 4 months ago
PPF; Source: ConocoPhillips
Business & Finance

Norway gives its blessing for $1.8 billion subsea redevelopment project

ConocoPhillips Skandinavia, a subsidiary of the U.S. energy giant ConocoPhillips, has made inroads in clearing regulatory requirements for its redevelopment project on the Norwegian Continental Shelf (NCS).

about 4 months ago
Gold Star rig; Source Keppel
Business & Finance

Weatherford picks up new jobs with Noble and Constellation Oil Services

U.S. oilfield services company Weatherford International has lined up new assignments with two offshore drilling players, U.S.-headquartered Noble Corporation and Brazil’s Constellation Oil Services.

about 4 months ago
Wave data campaign in Martinique paves the way for wave energy pilot
Business & Finance

Wave data campaign in Martinique paves the way for wave energy pilot

A one-year wave data campaign has commenced in the Caribbean island of Martinique to gather information that will chart the path for the development of a pilot wave energy project. Danish wave energy company Wavepiston entered into an agreement in 2023 with French firm YS Energies Marines Developpem

about 4 months ago
FPSO Catcher; Source: BW Offshore
Business & Finance

BW Offshore’s FPSO staying until 2030’s end at North Sea field

Oslo-headquartered BW Offshore has made arrangements to keep its floating production, storage, and offloading (FPSO) vessel occupied until the end of the current decade at its ongoing assignment in the North Sea on the UK Continental Shelf (UKCS).

about 4 months ago
Andrew McKeran, Chief Growth Officer at Lloyd’s Register; Loy Wee Meng, Senior Product Manager of Wison New Energies FPSO Product Center; and Li Chaoyan, President of Americas at Wison New Energies; C
Business & Finance

Wison New Energies’ internal turret FPSO design wins endorsment from Lloyd’s Register

UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system.

about 4 months ago
ABS, HD Hyundai and Anduril partner on autonomous surface vessels
Business & Finance

ABS, HD Hyundai and Anduril partner on autonomous surface vessels

American Bureau of Shipping (ABS), HD Hyundai and Anduril Industries have signed a memorandum of understanding (MoU) for the development of a framework for autonomous maritime systems and related certification. The deal is said to establish a framework for the partners to enable end-to-end solutions

about 4 months ago
Seri Dian and Seri Dayang LNG carriers; Source: MISC
Business & Finance

LNG vessel pair enriches MISC’s fleet

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 unveiled the naming of its two new-generation liquefied natural gas (LNG) carriers (LNGC), strengthening its partnership with SeaRiver Ma

about 4 months ago
Olympic Subsea’s methanol-ready vessel duo enters construction
Business & Finance

Olympic Subsea’s methanol-ready vessel duo enters construction

The CMHI shipyard in Shenzhen, China, has begun the construction of two methanol-ready dual-fuel multipurpose subsea vessels for Norway’s Olympic Subsea. Olympic Subsea reported that earlier in April the keel laying for the first vessel and the first steel cutting for the second vessel took place at

about 4 months ago
Local private firm to deliver SURF EPCI for Indonesian gas project
Business & Finance

Local private firm to deliver SURF EPCI for Indonesian gas project

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas exploration and development company Conrad Asia Energy, has awarded Indonesian Timas Suplindo with an engineering, procurement, construction, and installation (EPCI) contract for the subsea umb

about 4 months ago
COSL Innovator rig; Source: COSL
Business & Finance

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 4 months ago
Port of Blyth unveils GBP 100 million expansion linking to JDR cable factory
Business & Finance

Port of Blyth unveils GBP 100 million expansion linking to JDR cable factory

Port of Blyth has launched an expansion project to support the UK offshore wind sector, with the proposed Battleship Wharf Expansion scheme representing an investment of up to GBP 100 million (approximately €116 million). The planned upgrades to the port’s marine and terminal infrastructure aim to e

about 4 months ago
Jangkrik-01; Source: Eni
Business & Finance

Giant Southeast Asian gas discovery passes test with flying colors

Italy’s energy giant Eni has revealed the results of a drill stem test (DST) that was carried out for its recent natural gas discovery off the coast of Indonesia, which confirmed reservoir productivity, strengthening the case for a third Kutei Basin hub in the Southeast Asian country.

about 4 months ago
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