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Business & Finance

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UK: Lloyd’s Register certifies another remotely operated uncrewed vessel
Business & Finance

UK: Lloyd’s Register certifies another remotely operated uncrewed vessel

Ireland-headquartered XOCEAN has received remotely operated uncrewed vessel (ROUV) certification for its X-30 vessel under the UK Workboat Code Edition 3 (WBC3). XOCEAN reported earlier this month that Lloyd’s Register (LR) had certified its X-30 ROUV under the UK Maritime and Coastguard Agency’s (M

about 6 months ago
Illustration; Source: Keyfield
Business & Finance

Malaysian shipowner scoops up eight new vessel gigs

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Keyfield International, a Malaysian fleet owner of offshore vessels, has picked up new assignments across Malaysia, the Middle East, and Thailand for seven accommodation work boats (AWB) and one anchor handling tug supply (AHTS) vessel.

about 6 months ago
Illustration; Source: Gas Malaysia
Business & Finance

Clearance in place for work on Southeast Asian FSRU to move forward

Gas Malaysia, a Malaysian natural gas provider, is all set to proceed with the development of a liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

about 6 months ago
Ras Laffan petrochemicals project in Qatar (aerial view); Source: CPChem
Business & Finance

Missile strikes leave fires and ‘extensive damage’ in its wake at QatarEnergy’s LNG assets

Qatar’s state-owned oil and gas giant QatarEnergy has confirmed missile attacks at multiple liquefied natural gas (LNG) facilities, which sustained significant damage during the assault that left the targeted LNG infrastructure in flames.

about 6 months ago
FPU Jangkrik; Source: Eni
Business & Finance

Two deepwater gas hubs on the Asian energy horizon as Eni unveils FIDs

Italy’s energy giant Eni has taken final investment decisions (FIDs) for two gas projects off the coast of Indonesia, Southeast Asia. The company expects these projects to strengthen not only domestic supply but also LNG exports, while leveraging existing infrastructure to accelerate time to market.

about 6 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business & Finance

Path clear for Worley to advance second segment of LNG project on US Gulf Coast

Australia’s engineering company Worley has been given the green light to move forward with all works related to the second phase of a liquefied natural gas (LNG) project in Louisiana, which will up the United States’ energy infrastructure ante.

about 6 months ago
FSO Palanca; Source: Stapem Offshore
Business & Finance

Trio enlarges their slices of two Angolan offshore blocks

Three players – the UK-headquartered and AIM-listed Afentra, Etablissements Maurel & Prom S.A. (M&P), and Angola’s national oil company Sonangol E&P – have signed off on the acquisition of the interest Etu Energias holds in two offshore blocks in this country on the western coast of Southern Africa.

about 6 months ago
Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment
Business & Finance

Saipem’s subsea drone clears tests with Petrobras ahead of offshore deployment

Saipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part of a contract awarded in 2023, ahead of deployment in a real offshore environment. The functional acceptance tests (FAT) were held at Saipem’s underwater drone testing fa

about 6 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Business & Finance

First oil flows from Brazilian subsea tie-back project

Brazilian oil and gas company PRIO, formerly known as PetroRio, has brought online the first well at its subsea tie-back project in the Campos basin off the coast of Brazil.

about 6 months ago
Illustration; Source: Jadestone Energy
Business & Finance

Development of Southeast Asian gas discoveries is a go

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has confirmed the go-ahead for a field development plan covering gas discoveries off the coast of Vietnam, Southeast Asia.

about 6 months ago
Aker Solutions bags FEED contract for Lithuanian CO2 terminal
Business & Finance

Aker Solutions bags FEED contract for Lithuanian CO2 terminal

Lithuanian liquefied natural gas (LNG) terminal operator KN Energies has awarded Aker Solutions with a front-end engineering and design (FEED) contract for its CO2 transshipment terminal infrastructure project in Klaipėda. The planned terminal is expected to have a capacity of approximately 2.8 mill

about 6 months ago
Norway-made adaptive mooring technology pilot installed at Portuguese testing site
Business & Finance

Norway-made adaptive mooring technology pilot installed at Portuguese testing site

Oslo-headquartered Fred. Olsen 1848 has completed the pilot installation of automatic Tension Buoys at Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation, an adaptive mooring technology designed to ensure stability and performance fo

about 6 months ago
Noble Discoverer semi-submersible rig; Source: Noble via LinkedIn
Business & Finance

South American waters yield more gas: Petrobras makes new find in Colombia

Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of Colombia.

about 6 months ago
An offshore rig
Business & Finance

More oil unearthed in Norwegian waters as Equinor strikes black gold again

Norwegian state-owned energy giant Equinor has unveiled a new oil discovery in the Barents Sea off the coast of Norway, which was drilled with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 6 months ago