Search results for: north star

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  • Two Seadrill drillships land more work in Gulf of Mexico

    28 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Seadrill has tucked under its belt additional assignments for two drillships in its rig fleet.

  • Shell hands out work for its new Gulf of Mexico FPU to Seatrium

    2 January 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has picked Seatrium for the construction and integration of its new FPU destined for its project in the U.S. Gulf of Mexico. 

  • Woodside eyes more drilling off Australia

    1 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy

    Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.

  • Events in the subsea sector that marked 2023

    2 January 2024
    Business Developments & Projects, Infrastructure, Project & Tenders, Safety

    As we gradually shift our focus on the new year and on what lies ahead in the offshore energy industry in 2024, let’s give a last look to 2023 to pay tribute to this very eventful year. Unfortunately, the year was marked with a number of dark events, with the Balticconnector offshore gas pipeline incident […]

  • Norwegian firm hands over piece of equipment for Africa-bound FPSO ahead of deadline

    22 April 2024
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders, Technology

    Techouse has wrapped up its scope of work for a cylindrical FPSO with the delivery of a new sulphate removal unit (SRU).

  • TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

    14 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

  • Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

    17 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Transition

    Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally, we will benefit from efficiency gains in our operations and joint […]

  • Woodside strengthens ties with JERA through sale of partial stake in gas field, LNG offtake, and pursuit of new energies

    23 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Transition

    Australian energy giant Woodside has put the wheels in motion to widen the scope of its relationship with JERA.

  • Eni reveals ‘excellent’ annual results as natural gas and LNG business cushions drop in profit

    16 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    Eni has disclosed strong financial and operating results for 4Q and full year 2023 on the back of its natural gas and LNG portfolio.

  • Round up: Major multi-billion oil & gas projects greenlighted in 2023

    2 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

  • Strike action threatens to engulf workers on multiple offshore platforms in UK waters

    24 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital

    The offshore workers are pondering whether to go on a strike in a bid to improve their work-life balance.

  • WATCH: Taking North Sea oil & gas platform apart piece by piece

    16 April 2024
    Business & Finance, Business Developments & Projects, Environment, Equipment, Transition

    Aker Solutions has removed a 2,000-ton module from the main structure of a decommissioned oil and gas platform.

  • ‘Major’ deal for MODEC’s Brazil-bound FPSO lands on MAN’s order book

    20 March 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.

  • The clean energy pursuit: Speeding up build-out while continuing to innovate

    15 November 2023
    Innovation, Research & Development, Transition

    With an “all of the above” task in its hands, the offshore energy industry has found itself working on innovative and more efficient solutions and nature-inclusive projects, while at the same time trying to build as many new clean energy projects as possible to meet the targets.  

  • Significant offshore wind growth brings Fugro strong start of the year

    26 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9% increase compared […]

  • Green light for Inpex to carry out site surveys and drilling activities for CCS project off Australia

    1 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Regulation & Policy, Rules & Regulation

    Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.

  • Northern Lights, Yara seal binding CO2 transport and storage deal

    20 November 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Transition

    Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation and storage of CO2. The signing of the binding contract comes on the back of […]

  • Crowley makes headway for first LNG bunkering at Panama Canal’s Pacific side

    25 October 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Infrastructure, Regulation & Policy

    U.S. shipping and logistics company Crowley has received the first permit issued by the Panama Maritime Authority (AMP) for the provision of LNG bunkering services on the Pacific side of the Panama Canal. Under this permit, Crowley is advancing plans to provide bunkering and related port solutions to safely deliver lower-emission LNG to vessels for […]

  • Boskalis reports record 2023 with 150% net profit increase; Half of offshore energy revenue came from offshore wind

    12 March 2024
    Business & Finance, Vessels

    Boskalis’s offshore energy division saw 50% of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on March 7. Company-wide, Boskalis reported a 20% increase in revenue and a 150% higher net profit than in 2022. For its offshore energy division, Boskalis posted a […]

  • Seaway7 contracts Hellenic Cables for inter-array cables

    27 October 2023
    Business Developments & Projects, Project & Tenders

    Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a contract with Seaway7 for the supply of inter-array cables for the East Anglia Three offshore wind farm in the UK. Under the contract, Hellenic Cables will be responsible for the engineering, manufacturing, testing, and supply of approximately 275 kilometers of 66 kV three-core […]

  • Deloitte: We’ve picked low-hanging fruits, now it’s time for fundamental choices in energy transition

    20 December 2023
    Transition

    The energy transition is at crossroads, and it’s time to find new ways, Deloitte, one of the world’s largest professional services provider, highlighted at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam this November.

  • Petronas and ExxonMobil find more oil offshore Suriname

    3 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petronas and ExxonMobil have made an oil discovery at an exploration well in Block 52 located offshore Suriname.

  • As contract backlog tops $3.9 billion, Valaris upbeat about future rig opportunities

    22 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Valaris has managed to boost its contract backlog by almost 60% compared to the sum from twelve months ago, thanks to the higher day rates and fleet utilization.

  • Interview: Shaping up UK’s gas infrastructure to get it ready for hydrogen bonanza

    19 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Exploration & Production, Innovation, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    Can hydrogen overcome the obstacles in its path to show it is the real deal in the fight against climate change?

  • €307 million set aside for Italy-Tunisia subsea interconnection

    29 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Infrastructure, Innovation, Project & Tenders, Regulation & Policy

    The signing of the grant agreement for the Italy-Tunisia electricity interconnection has been welcomed by Terna and Steg.