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Business & Finance

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Fossil EnergyOil & GasRigsAuthorities & GovernmentBusiness Developments & ProjectsExploration & ProductionRegulation & PolicyRules & RegulationProject & TendersSubseaLiquefied Natural GasLow-Carbon TransitionSurveys & InterventionsCarbon Capture Usage & StorageCertification & ClassificationInfrastructureOutlook & StrategyClean FuelOther FuelsCollaborationTransitionVisionEnvironmentVessels
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).

about 4 months ago
Norwegian cleantech services firm gets to work on Romania’s first deepwater project
Business & Finance

Norwegian firm pulls off hat trick for rigs working in Europe

Norway-based cleantech service provider Soiltech has secured three new assignments for rigs deployed in the Black Sea, the Netherlands, and Norway.

about 4 months ago
Subsea7
Business & Finance

Subsea7, OneSubsea take on multimillion-dollar job at ExxonMobil’s Angolan oil project

Subsea Integration Alliance (SIA), comprising SLB OneSubsea and Subsea7, has been tasked by U.S.-headquartered energy giant ExxonMobil with the engineering, procurement, construction, and installation (EPCI) scope of work at an oil project in Block 15 off the coast of Angola.

about 4 months ago
Illustration; Source: Australian Energy Producers (former APPEA)
Business & Finance

Higher oil prices put $80 billion more on Australia’s tax horizon

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has pointed out that the findings of a recent report reinforce the benefits of Australia’s existing fiscal framework, including the Petroleum Resource Rent Tax (PRRT), with the spi

about 4 months ago
DNV’s scope at UK’s first offshore CCS project expands with independent certifier role
Business & Finance

DNV’s scope at UK’s first offshore CCS project expands with independent certifier role

DNV has been selected as the independent certifier for Northern Endurance Partnership (NEP), the UK’s first offshore carbon capture and storage (CCS) project, and will verify that the project’s construction and operation comply with the carbon dioxide transport and storage licence (CO2 T&S license)

about 4 months ago
FPSO Montara Venture; Source: Jadestone Energy
Business & Finance

Green light for wellhead removal ops at Australian oil field

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for wellhead removal activities at its oil field off the coast of Australia.

about 4 months ago
AES to buy 49.9% stake in AES Colón LNG plant
Business & Finance

US court sends $4 billion LNG legal battle back to Virginia state court

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has disclosed the return of its multibillion-dollar lawsuit against AES Corporation to the Virginia state court.

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

Re-entry into Asian LNG project bolsters Eneos’ energy bonds with Petronas

Malaysia’s state-owned oil and gas heavyweight Petronas has shaken hands with Eneos Explora, a subsidiary of Japan’s Eneos Group, on a deal that will enable the latter to rejoin a liquefied natural gas (LNG) project that receives gas from offshore fields in Malaysian waters.

about 4 months ago
Converter station built, offshore cable installation underway in France for interconnector to Ireland
Business & Finance

Converter station built, offshore cable installation underway in France for interconnector to Ireland

France’s Nexans has completed the first cable pull-in on the French side of the first interconnector between Ireland and France, following the initial campaign in Ireland. Developed by French and Irish transmission system operators (TSOs) Réseau de Transport d’Électricité (RTE) and EirGrid, the Celt

about 4 months ago
Delfin Midstream
Business & Finance

US gas producer pens 20-year offtake with LNG project in Louisiana

Expand Energy, a U.S. independent natural gas producer formed from the merger of Chesapeake Energy and Southwestern Energy in 2024, has signed on the dotted line for a multi-year liquefied natural gas (LNG) offtake with Delfin FLNG 1 in relation to the first floating LNG (FLNG) unit destined to be d

about 4 months ago
A rig offshore
Business & Finance

Obtaining production right for offshore block key to oil & gas firm’s South African expansion

With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy has confirmed an extension for the submission of a new environmental and social impact assessment (ESIA) for a block off the coast of the Republic

about 4 months ago
Second Maersk Tankers vessel fitted with Spain-made suction sails
Business & Finance

Second Maersk Tankers vessel fitted with Spain-made suction sails

After completing installation on the first vessel in January, Spanish automated wind-assisted propulsion system specialist bound4blue has installed four 24-meter eSAIL suction sails on the second of the planned five tankers owned by Danish Maersk Tankers. Maersk’s 29,445 gwt medium-range (MR) tanker

about 4 months ago
Illustration; Source: Eco Atlantic
Business & Finance

JHI’s shareholders’ approval next on the agenda to back Eco takeover

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has shed light on the latest developments regarding its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).

about 4 months ago
An offshore platform and a vessel next to it at sunset
Business & Finance

Southeast Asian field on track for first gas in 2027

With procurement activity and other pieces being put in place, West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, is setting the development stage to achieve the first gas production from its natural gas field next ye

about 4 months ago
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