10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Netherlands to establish new offshore electricity bidding zone linked to planned interconnector

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    The Netherlands will introduce a new offshore electricity bidding zone for wind farms that will be linked to the planned 1.8 GW LionLink hybrid interconnector, which will connect the Dutch and UK grids. The LionLink project was launched in April 2023 and is led by the countries’ transmission system operators (TSOs), TenneT and National Grid. […]

  • Seventh ammonia-ready vessel joins Grimaldi’s fleet

    14 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service.

  • QatarEnergy turns off LNG and downstream production taps

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Qatar’s state-owned oil & gas giant QatarEnergy has opted to clamp down on output by cutting off the production flow of liquefied natural gas (LNG) and associated products in the wake of the attack on Iran, which the U.S. and Israel launched over the weekend.

  • Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step

    15 December 2025
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Norway-headquartered Odfjell Group, a player in seaborne transportation and storage of chemicals and other specialty bulk liquids, has bankrolled and put into operation mode what it describes as the first operational green shipping corridor between Brazil and Europe.

  • Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices of this year’s backlog cake.

  • ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

    12 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market.

  • North Sea becomes richer for another oil discovery

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has found more black gold in the North Sea off the coast of Norway, thanks to drilling activities with one of Odfjell Drilling’s semi-submersible rigs.

  • Throwback: Top oil & gas final investment decision picks

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy has made a collection featuring some of these moves.

  • FSRU launch bringing Europe’s next terminal closer to completion

    19 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

  • Energean widens its oil & gas portfolio with entry into Angola

    12 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-based oil and gas player Energean has taken the first step in its strategy to expand its operations into West Africa by acquiring stakes in two blocks off the coast of Angola from the U.S.-headquartered energy giant Chevron.

  • With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag

    16 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has unveiled a final investment decision (FID) and closing of a multibillion-dollar project financing for the second phase of its third project in Louisiana, United States.

  • 15 years in the making: Falkland Islands’ Sea Lion ready to move forward to first oil

    10 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A final investment decision (FID) has been taken for a giant oil project in the North Falkland Basin (NFB), where $1.8 billion will be needed to foot the bill to first oil and $2.1 billion to project completion. This FID comes 15 years after the original oil discovery was made.

  • $3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

  • Millions committed to bring Southeast Asian gas field to life

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indonesia.

  • As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs

    24 March 2026
    Business & Finance, Business Developments & Projects

    Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.

  • New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

    10 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award.

  • TotalEnergies widens its oil & gas portfolio offshore Namibia with new license

    6 February 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to expand its footprint off the coast of Namibia with the acquisition of a new license.

  • Subsea7 lands multimillion-dollar decom gig in UK waters

    1 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Luxembourg-domiciled Subsea7 has been hired on an off-station decommissioning services assignment on the UK Continental Shelf (UKCS).

  • Snam moves to take over partner’s stake in Italy’s FSRU

    12 December 2025
    Business & Finance, Business Developments & Projects

    Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.

  • TotalEnergies augments its oil portfolio offshore Namibia through deal with Galp

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant black gold discovery as part of this deal.

  • $44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.

  • Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

    9 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

  • Australian gas project’s LNG comes to Japan as JERA brings in first cargo

    12 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Japan’s power generation major JERA has taken delivery of its first liquefied natural gas (LNG) cargo from a giant gas project off the coast of Australia’s Northern Territory.

  • Proving radar-based wave and vessel motion prediction in real offshore conditions

    2 April 2026
    Business Developments & Projects, Equipment, Innovation, Research & Development, Technology

    Sea state measurement is not a new concept. From initial visual observations of the surface of the sea to the Beaufort scale devised in the 1800s, vessel owners – whether once conquerors of the seas or modern-day freight giants – have always sought data on conditions to ensure that operations at sea are safe and […]

  • Kongsberg Discovery and MacArtney enhancing defense, energy, and ocean science underwater menu

    1 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Technology

    Kongsberg Discovery, part of Norway’s Kongsberg Gruppen, has taken a step to combine its offering with MacArtney Underwater Technology to create a new level of turnkey capability in towed underwater sensing solutions for defense, energy, and ocean science spheres.