The Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and Chinese COSCO Shipping have held a steel-cutting ceremony for a floating storage offloading (FSO) unit destined for Mexico’s inaugural deepwater project.
Singapore’s Marco Polo Marine has added two new anchor handling tug supply (AHTS) vessels to its fleet.
A floating production storage and offloading (FPSO) unit concept designed by Singapore’s Seatrium has received approval in principle (AiP) from the American Bureau of Shipping (ABS).
Australia’s oil and gas giant Woodside Energy has signed a heads of agreement (HoA) with Türkiye’s state-owned Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ) to provide liquefied natural gas (LNG), mostly coming from its project under development in Louisiana.
Global energy and commodity group Mercuria has signed a liquefied natural gas (LNG) purchase and sale agreement with the state-owned Turkish Petroleum Pipeline Corporation (BOTAŞ).
Norway’s vessel owner DOF Group has inked a deal to sell one vessel and secured a contract extension for work offshore Argentina for another.
TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a
Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) is progressing discussions for the acquisition of its entire business by Singapore-based Eastern Pacific Shipping (EPS) Ventures.
Sempra Infrastructure Partners, a subsidiary of North America’s energy infrastructure company Sempra, has reached a final investment decision (FID) for the second stage of its liquefied natural gas (LNG) project under development in Jefferson County, Texas.
The Netherlands-headquartered Fugro has announced a reduction of 300 jobs and the withdrawal of its financial guidance for 2025 as a wide range of projects has been affected by postponements due to market uncertainties, mainly seen in oil and gas. Fugro reported on September 22 that although the sec
A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the c
An application has been filed to boost the liquefaction capacity of a proposed floating liquefied natural gas (LNG) export project near Kitimat in British Columbia, Canada.
Norway’s state-owned energy giant Equinor has started production from a subsea field in the Barents Sea that is transported to a liquefied natural gas (LNG) plant on Melkøya island for processing.
Scotland-headquartered offshore drilling contractor Dolphin Drilling has confirmed the return of a 1990-built semi-submersible rig, which it acquired from Transocean, to the North Sea, where it will resume its assignment in UK waters.
