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Business & Finance

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Louisiana LNG
Business & Finance

BOTAŞ and Woodside seal multi-year LNG deal

Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has signed off on a long-term liquefied natural gas (LNG) agreement with Australia’s energy giant Woodside, which is expected to further diversify the energy mix and strengthen the security of supply for Türkiye.

about 7 months ago
PV Drilling IX drilling rig on a specialized transport ship arrived in Vung Tau, Ho Chi Minh City, on the morning of December 25, 2025; Source: PV Drilling
Business & Finance

Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year.

about 7 months ago
Fugro’s Blue Essence USV performs its first remote survey offshore Germany
Business & Finance

Fugro’s Blue Essence USV performs its first remote survey offshore Germany

The Blue Essence uncrewed surface vessel (USV) owned by the Netherlands-headquartered Fugro has completed its first remote survey in German waters. The 12-meter-long USV delivered the work in collaboration with TenneT Germany. The J-Tube inspection was controlled entirely from Fugro’s onshore remote

about 7 months ago
Corpus Christi LNG Stage 3; Source: Cheniere
Business & Finance

Fourth piece of Cheniere’s multibillion-dollar LNG puzzle crossing the finish line in Texas

U.S. energy player Cheniere Energy has tucked a new milestone under its belt at its liquefied natural gas (LNG) facility, with the substantial completion of the fourth train, which is part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, U

about 7 months ago
Wärtsilä fuel-flexible engines ordered for new Brazilian duo
Business & Finance

Wärtsilä fuel-flexible engines ordered for new Brazilian duo

Finnish technology group Wärtsilä has been appointed by Brazilian operator AMAGGI to supply fuel-flexible engines for two new pusher tugs that are under construction. The vessels are being built at the Beconal shipyard in Manaus, Brazil, and will each operate with two Wärtsilä 20 engines, equipped w

about 7 months ago
Illustration; Source: Baker Hughes
Business & Finance

Baker Hughes enhancing production at oil & gas fields in Middle East

Thanks to a deal with Kuwait Oil Company (KOC), the U.S.-headquartered energy technology giant Baker Hughes is on a mission to help boost production from oil and gas fields in Kuwait, Middle East.

about 7 months ago
UK-Slovenian partnership targets seabed data
Business & Finance

UK-Slovenian partnership targets seabed data

UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin

about 7 months ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Drilling ops with Saipem rig cleared for take-off in North Sea

Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction

about 7 months ago
PSV Viking Princess; Source: Eidesvik
Business & Finance

Oil & gas trio books Eidesvik’s 2013-built LNG-powered vessel

Norwegian offshore vessel owner Eidesvik Offshore has secured more work for one of its platform supply vessels (PSVs).

about 7 months ago
Dutch shipyard to build 24-meter autonomous wind-powered vessel
Business & Finance

Dutch shipyard to build 24-meter autonomous wind-powered vessel

Clippership, a U.S.-headquartered company developing autonomous wind-powered ships, has signed a construction contract for its first 24-meter class zero emission autonomous wind-powered cargo vessel with Dutch shipyard KM Yachtbuilders. The vessel features twin, foldable rigid wings for primary wind

about 7 months ago
A man looking at a large vessel at sea
Business & Finance

Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops

South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, has expanded its offshore acreage in Indonesian waters with a stake in a block, which is expected to see drilling activity before the year ends.

about 7 months ago
GMS Evolution vessel (for illustration purposes); Source: GMS
Business & Finance

Middle East sends its calling card to GMS’ large-class vessel

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels for the offshore energy sector, has landed a new long-term assignment for one of its large‐class vessels in the Middle East.

about 7 months ago
Woodside cleared for plug and abandonment off Australia's northwest coast
Business & Finance

Woodside cleared for plug and abandonment off Australia’s northwest coast

Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has given its green light to Woodside Energy for permanent plug and abandonment (P&A) and well intervention activities for subsea wells associated with a gas project situated on the country’s northwest coa

about 7 months ago
Harmony platform; Source: Sable Offshore
Business & Finance

US hands over emergency special permit to Sable Offshore

Sable Offshore, a Texas-headquartered oil and gas company, has received an emergency special permit for Santa Ynez pipeline system segments.

about 7 months ago
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