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Russia considering new subsea natural gas links to Turkey
Business & Finance

Russia considering new subsea natural gas links to Türkiye

Russia is considering building extra subsea natural gas pipelines to Türkiye to redirect the flows on the idled Nord Stream pipelines, Bloomberg reported Russian President Vladimir Putin as saying at the Russian Energy Week forum in Moscow. According to Bloomberg, Putin stated that Russia could tran

about 3 years ago
ADNOC
Business & Finance

ADNOC hires two jack-up rigs for nearly $1 bln to further unlock UAE’s offshore resources

UAE’s energy giant ADNOC has awarded a contract worth $980 million to ADNOC Drilling to hire two jack-up offshore rigs.

about 3 years ago
NZTC gets £2.12M support to demonstrate feasibility of repurposing existing assets to produce green hydrogen
Business & Finance

NZTC gets £2.12M support to demonstrate feasibility of repurposing existing assets to produce green hydrogen

The Scottish Government has awarded £2.12 million (around $2.35 million) to Net Zero Technology Centre (NZTC) from Just Transition Fund (JTF) to support the delivery of the centre’s Hydrogen Offshore Production Project (HOP2). The HOP2 project, which will be delivered over four years, will demonstra

about 3 years ago
Petronas - Malaysia
Business & Finance

Partners ink contract for ultra-deepwater block in Malaysia

Petronas has signed a PSC with TotalEnergies, Petronas Carigali, Sabah Shell Petroleum Company (SSPC), and Shell Sabah Selatan.

about 3 years ago
Havila Borg
Business & Finance

Havila nets new deals for two PSVs

Norwegian offshore vessel operator Havila Shipping has secured new contracts for two of its platform supply vessels (PSVs).

about 3 years ago
Singapore
Business & Finance

Singapore supports maritime decarbonisation projects with new funding

The Singapore Maritime Institute (SMI) has awarded an additional funding of S$12 million (about $8.3 million) to the local Nanyang Technological University (NTU) to support maritime decarbonisation projects.

about 3 years ago
EC greenlights joint control of German LNG Terminal by KfW and Gasunie
Business & Finance

EC greenlights joint control of German LNG Terminal by KfW and Gasunie

The European Commission has approved the acquisition of joint control of German LNG Terminal GmBH (GLNG) by Germany’s national promotional bank KfW and Nederlandse Gasunie, the Dutch energy network operator. Under the EU Merger Regulation, the Commission concluded that the proposed acquisition would

about 3 years ago
A jack-up rig previously built and delivered by Keppel for Borr Drilling
Business & Finance

Keppel and Borr Drilling change up delivery terms for five jack-up rigs

Keppel has entered into an amended and restated framework deed with Borr Drilling to accelerate deliveries of three rigs and defer two others.

about 3 years ago
Cassandra VI vessel will conduct surveys off the Philippines
Business & Finance

Site surveys in preparation ahead of drilling operations in the Philippines

Sacgasco via its subsidiary Nido Petroleum is planning to conduct site surveys over acreage located offshore the Philippines.

about 3 years ago
Bluefield Geoservices completes 'deepest-ever cone penetration test'
Business & Finance

Bluefield Geoservices completes ‘deepest-ever cone penetration test’

Bluefield Geoservices has completed what it believes to be the deepest-ever offshore cone penetration test (CPT), carried out in water depths of more than 4,000 meters in the Pacific Ocean. Bluefield operators completed 23 seafloor CPTs to a push depth of two meters as part of an ongoing geotechnica

about 3 years ago
West Tellus drillship - Seadrill
Business & Finance

Seadrill returning to New York Stock Exchange

Offshore drilling contractor Seadrill is returning to the New York Stock Exchange (NYSE) following a couple of years of absence.

about 3 years ago
Blyth-based subsea services company gets £7.8 million funding to buy new assets
Business & Finance

Blyth-based subsea services company gets £7.8 million to buy new assets

Blyth-headquartered seabed intervention and subsea robotics services company Pharos Offshore has secured a £7.8 million funding package from ThinCats to facilitate the purchase of new assets. The funding package is set to allow Pharos to source additional work-class remotely operated vehicles (ROVs)

about 3 years ago
ABL Group
Business & Finance

ABL Group to act as marine warranty surveyor for UAE project

ABL Group has been appointed as a marine warranty surveyor to review and approve critical marine and offshore operations on the Belbazem Project, offshore UAE.

about 3 years ago
Deepsea Yantai rig - Odfjell Drilling
Business & Finance

Fresh extension for Deepsea Yantai semi-sub

Oil and gas company Neptune Energy has extended a contract for the use of the Deepsea Yantai semi-submersible drilling rig in Norway.

about 3 years ago
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