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Oil & Gas

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WATCH: First of four Sea1 Offshore offshore energy support vessels enters construction
Oil & Gas

WATCH: First of four Sea1 offshore energy support vessels enters construction

The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra

about 1 year ago
Design of BP's Kaskida FPU; Source: Exmar Offshore
Oil & Gas

BP puts Gate Energy on commissioning duty for its deepwater FPU

BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating production unit (FPU) destined for a deepwater project in

about 1 year ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Oil & Gas

With regulatory green light secured, Brazilian tie-back project charges full steam ahead

Brazilian oil and gas company PRIO has received the authorization for a tie-back project in Brazil’s Campos basin.

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Oil & Gas

Canada signals readiness to back LNG boom with go-ahead for $7.4 billion project

As countries around the world prepare for massive energy infrastructure build-out, Canada is laying the groundwork to strengthen its trade might and energy security by giving the green light for a liquefied natural gas (LNG) project, which is being developed on the country’s northwest coast to expor

about 1 year ago
Louisiana LNG
Oil & Gas

$17.5 billion Louisiana LNG project surges ahead with new construction milestone

As America’s energy policy continues to assert dominance across the global power sector, especially in relation to the liquefied natural gas (LNG) construction boom, which is reshaping the U.S. Gulf’s energy landscape, a development in Calcasieu Parish, Louisiana, operated by Australia’s Woodside En

about 1 year ago
Intermoor and Jumbo Offshore have forged a strategic alliance to advance offshore energy projects; Courtesy of Acteon
Oil & Gas

Acteon-Jumbo partnership’s end-to-end offering enriches offshore oil & gas and wind realms

A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project

about 1 year ago
Seatrium yard; Source: Seatrium
Oil & Gas

Seatrium vows arbitration battle as court clears path for $126.6 million rig contract payout

A subsidiary of the Singapore-headquartered Seatrium has opted to continue its arbitration fight, following a court ruling which dismissed its appeal to halt a multimillion-dollar payment in a legal rig contract dispute. The Asian giant had previously assumed certain potential claims related to a ri

about 1 year ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Oil & Gas

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 1 year ago
LNG carrier Zoe Knutsen at sea
Oil & Gas

Final piece in place: Knutsen’s ninth LNG carrier for Shell arrives

The French subsidiary of Norwegian shipping company Knutsen has welcomed its latest liquefied natural gas (LNG) carrier that will be chartered to the U.K. energy giant Shell.

about 1 year ago
FSRU Hoegh Galleon; Source: Höegh LNG
Oil & Gas

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 1 year ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Oil & Gas

$15.1 billion financing in the bag for first phase of Venture Global’s $28B LNG project

Standard Chartered, an international banking group, has shed light on its role in securing a multibillion-dollar financing for a liquefied natural gas (LNG) export project in Louisiana, which is the third such facility Venture Global, an American producer of LNG sourced from North American basins, h

about 1 year ago
A jack-up rig at a shipyard
Oil & Gas

‘World’s largest’ jack-up starts first decom with Perenco post refurbishment

A heavy lift jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec has started decommissioning work with the UK subsidiary of Anglo-French oil and gas player Perenco in the Southern North Sea (SNS).

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Oil & Gas

Equinor gets go-ahead to drill two wells off Norway

Norway’s state-owned energy giant Equinor has obtained two drilling permits from the Norwegian Offshore Directorate (NOD).

about 1 year ago
Leman Alpha complex in the North Sea
Oil & Gas

Petrofac staying longer on North Sea assignment with Shell’s affiliate

UK-headquartered oilfield services provider Petrofac has secured a contract extension in the North Sea, which will enable it to keep working for a subsidiary of Shell, a compatriot energy giant.

about 1 year ago
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