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Cheniere seals long-term LNG deal with ENN
Business & Finance

Cheniere seals long-term LNG deal with ENN

Cheniere Energy, through its subsidiary Cheniere Marketing, has signed a long-term LNG sale and purchase agreement (SPA) with ENN LNG, a subsidiary of ENN Natural Gas. The agreement will see ENN purchase approximately 1.8 million tonnes per annum (mtpa) of LNG from Cheniere Marketing on a free-on-bo

about 3 years ago
ADNOC Drilling
Business & Finance

With five jack-up rigs booked for work, ADNOC Drilling collects $2 billion

UAE’s ADNOC Drilling has secured long-term contracts for five jack-up rigs, totalling approximately $2 billion.

about 3 years ago
Deep Vision subsea IMR and survey vessel; Source: DeepOcean
Business & Finance

DeepOcean tucks ‘significant milestone’ under its belt with production boost at North Sea field

DeepOcean has carried out inspection, repair and maintenance (IRM) of a field in the Danish sector of the North Sea.

about 3 years ago
Shelf Drilling’s Shelf Perseverance (former Noble Hans Deul) jack-up rig; Source: Noble Corporation
Business & Finance

UK firm hits pause on North Sea drilling ops amidst buffeting winds of gas market volatility

IOG has decided to put on hold the previously planned drilling activities in the North Sea, which were expected to be undertaken with Shelf Drilling’s rig.

about 3 years ago
Norden
Business & Finance

Danish regulator gives green light to Norden’s acquisition of Thorco Projects

Danish shipping company Norden has completed the acquisition of Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. The acquisition was announced last month as Norden is planning to gain access to new customer segments within the general car

about 3 years ago
Ramform Sovereign seismic vessel; Source: PGS
Business & Finance

More work for PGS, TGS and SLB to glean insight into oil & gas accumulations off Malaysia

The JV has inked a MultiClient reprocessing agreement to expand MultiClient 3D coverage in the prospective Sarawak province off Malaysia.

about 3 years ago
Deepwater Champion drillship (for illustration purposes); Source: Transocean
Business & Finance

Following weeks of no change, U.S. offshore rig count slides down a notch

Baker Hughes’ rig count report shows that the number of offshore rigs in the U.S. was one unit short last week compared to previous weeks.

about 3 years ago
Eco Catania
Business & Finance

Grimaldi launches ‘green giants’ on the Venice-Bari-Patras line

Starting today the freight transport between Italy and Greece, the regular ro-ro line operated by the Grimaldi Group between Venice, Bari and Patras, will be served by two of the company’s “green giants”, the hybrid vessels Eco Catania and Eco Malta. The Neapolitan shipping group, in synergy with th

about 3 years ago
Illustration; Source: Suncor
Business & Finance

Canadian oil & gas player runs into cyber security incident

Canadian energy company Suncor has experienced a cyber security incident and is working on sorting out the issue.

about 3 years ago
AURELIA RETROFIT
Business & Finance

AURELIA’s green retrofit package gets RINA’s nod

A green retrofit package solution designed by Dutch ship design company AURELIA in partnership with Econowind, Wattlab and Vertom has secured an Approval in Principle (AiP) from the Italian classification society RINA. The solution incorporates rigid sails, solar panels, batteries, optimized weather

about 3 years ago
KCC CABU SIGNING
Business & Finance

KCC seals deal for 3 wind-assisted CABU III ships

Norway-based shipowner Klaveness Combination Carriers ASA (KCC) has concluded the shipbuilding contract for the construction of three third-generation CABU vessels with Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co. The contract is in line with the Letter of Inten

about 3 years ago
Prysmian's new cable-laying vessel named after famous painting
Business & Finance

Prysmian’s new cable-laying vessel named after famous painting

Italy’s cabling giant Prysmian has selected the name for its new cable-laying vessel (CLV), said to reflect a strong connection with its sister vessel Leonardo da Vinci. The new 171-meter-long CLV, currently being built by Vard in Romania, will be named Monna Lisa. The name was chosen through an int

about 3 years ago
Lycaste Peace
Business & Finance

Astomos, Inpex in Middle East’s 1st ever VLGC biofuel bunkering

Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have completed the supply of B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos. The endeavor marks the first-ever biofuel supply to a VLGC in the Middle East. Biofuels

about 3 years ago
Gjøa platform; Source: Neptune Energy
Business & Finance

Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

11 minutes read
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