With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici
Singapore-based shipbuilder Strategic Marine has delivered its first surface effect ship (SES) to All Energies Services (AES), an operator of offshore supply vessels focusing on the West African and Middle East markets.
The pace for the low-carbon-hydrogen and ammonia sectors is set to pick up in 2025, with key themes to watch for including the rise of blue hydrogen in the U.S., a giga-scale green project reaching FID, increased deployment of Chinese electrolyzers, the persistent mismatch between project FIDs and o
U.S.-headquartered TDI-Brooks is taking three of its vessels for work in West and Northwest Africa in the first quarter of 2025. The 75-meter-long DP-II vessel Nautilus, which joined TDI-Brooks’ fleet in the summer of 2023, is headed to Namibia for a deepwater “heavy” geotechnical project where it w
The top three fossil energy projects, which came into operation during 2024, reflect the prevailing market trends of entwining dynamic hydrocarbon and alternative greener plays driven by the security of supply pursuits with strong decarbonization currents to enable the industry players to come to gr
Vantage Drilling has established a new joint venture (JV), named TEVA Ship Charter (TEVA), with France’s energy giant TotalEnergies, which will acquire a drillship currently working off the coast of Congo.
The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.
BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa.
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon
As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.
A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top
