Funds managed by Igneo Infrastructure Partners have entered into agreements to acquire a 50% ownership stake in Larus Holding Limited, the 100% owner of energy infrastructure solutions provider Höegh Evi, from funds managed by Morgan Stanley Infrastructure Partners (MSIP).
Equinor has begun drilling activities with one of Transocean’s rigs at a field in the Norwegian Sea, which will be tied back to an existing floating production, storage, and offloading (FPSO) unit off the coast of Norway.
U.S. shipowner Matson has wrapped up the conversion of its third containership to run on liquefied natural gas (LNG) as part of the long-term strategy to reduce greenhouse gas (GHG) emissions.
Nigeria’s oil and gas company Seplat Energy has completed the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from U.S. energy major ExxonMobil.
Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has delivered the first liquefied natural gas (LNG) vessel undergoing lower carbon modification to U.S.-headquartered energy major Chevron.
Luxembourg-based Subsea7 has been awarded a “substantial” contract from Beacon Offshore Energy for a subsea tieback development in the U.S. Gulf of Mexico, with the deal valued between $150 million and $300 million. According to Subsea7, the scope of work encompasses engineering, procurement, constr
ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow.
Canadian Wave-powered desalination innovator Oneka Technologies and Chile-based Asfalcom have signed a memorandum of understanding (MoU) to deploy wave-powered desalination technology at Asfalcom’s production facility in Chile, marking a first for industrial water users in South America. According t
PIC Americas has selected CryoSys, a compatriot provider of gas processing and liquefied natural gas (LNG) technology, to supply pretreatment and liquefaction solutions for its planned development of an LNG export facility on the Texas Gulf Coast.
U.S.-based marine energy company C-Power’s SeaRAY ocean energy system has secured a statement of feasibility from third-party verifier DNV, paving the way for its deployment at PacWave South, located off the Oregon coast, in 2025. C-Power’s CTO, Ryan Calder said: “Third-party qualification milestone
As the Department of Energy (DOE) has confirmed the environmental reviews will need to be completed with all agencies before pending projects can get back on track, the pause appears to still be in effect, even though a preliminary injunction from a court in Louisiana seemingly ended a temporary lul
The state-owned Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with the U.S. energy infrastructure player New Fortress Energy (NFE) to lease a floating storage and regasification unit (FSRU).
