10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • TotalEnergies offloads oil stakes in Nigerian JV and sets up Middle East’s new trading player

    14 January 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to divest its oil interest in Renaissance joint venture (JV), formerly SPDC JV, licenses in Nigeria to Vaaris and breathe life into BxT Trading, a new trading company for petroleum products in the Middle East, with Bapco Energies.

  • NOIA depicts Gulf of America as anchor of US energy independence and maritime strength

    27 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.

  • Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions

    2 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand growth. As Suriname and Colombia remain in the lead for frontier activity areas, the Asia Pacific opportunities in Brunei and Australia are anticipated to add diversification.

  • Lion’s share of lenders reaffirms backing: TotalEnergies’ Mozambique LNG moves forward post‑force majeure

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

    France’s energy giant TotalEnergies has shed more light on the financing of its multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique in the wake of the UK Export Finance (UKEF) and Atradius exits. The project is getting back into the groove after a years-long hiatus.

  • Eco Wave Power to assess wave energy potential in South Africa

    25 July 2025
    Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Ports & Logistics, Research & Development, Vision

    Wave energy developer Eco Wave Power has signed an agreement with Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy project at the Port of Ngqura in South Africa. According to Eco Wave Power, the agreement marks the company’s first move into the African market, aligning with its strategy […]

  • Billion-dollar rig jobs raise Valaris’ backlog to $4.7B

    25 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.

  • Dutch CO2 quintet paving the way for Northwest Europe’s cross-border CCS network

    28 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Transition

    Five Dutch CO2 infrastructure projects, which signed grant agreements under the Connecting Europe Facility (CEF Energy), have set their cap on spotlighting how their collaboration lays the groundwork for a cross-border CO2 transport and storage network, linking emitters in Northwest Europe with permanent geological storage sites in the Netherlands.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Port of Nigg’s owner passes the baton to Japanese investor

    31 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

  • Namibian-Canadian duo secures another year of Orange Basin exploration

    16 July 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders

    The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have secured an extension for a production exploration license (PEL) in Namibia’s Orange Basin.

  • Serica facing stabilization setbacks after North Sea FPSO restart

    30 July 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    The UK-based upstream oil and gas player Serica Energy is experiencing delays with stabilizing production from its fields in the North Sea, which is achieved via a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum.

  • TechnipFMC and Vår Energi chart a way forward for ‘faster’ North Sea oil & gas developments

    8 July 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway.

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

    29 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • Board update as Eco Wave Power gears up for LA wave energy debut

    18 July 2025
    Human Capital, Outlook & Strategy, Vision

    Wave energy developer Eco Wave Power has elected Hilary E. Ackermann to its Board of Directors, following approval at the company’s annual general meeting. Ackermann, who previously served on Eco Wave Power’s Advisory Board, brings expertise in energy sustainability, corporate governance, and risk management. Her appointment comes as the company prepares for the official opening […]

  • Serica Energy brings UK firm with North Sea oil & gas assets into its fold

    22 July 2025
    Business & Finance, Business Developments & Projects

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).

  • Final contractor secured for Eco Wave Power’s US wave energy rollout

    22 July 2025
    Business Developments & Projects, Collaboration, Equipment, Infrastructure, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Technology

    Wave energy developer Eco Wave Power has signed an agreement with California-based C&S Welding for the installation of its wave energy technology at the Port of Los Angeles. The deal marks the final step before deployment begins for Eco Wave Power’s first wave energy project in the United States. C&S Welding, headquartered in Wilmington, CA, […]

  • OMV’s Norwegian wildcat ends up being dry

    16 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has drilled a dry well off the coast of Norway, using a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

  • Multimillion-dollar drilling extension with Eni keeps Shelf Drilling rig busy in Italy

    8 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shelf Drilling (SHLF) has got hold of a long-term contract extension for one of its jack-up rigs, enabling the unit to stay longer in Italian waters with Eni, the country’s energy giant.

  • Japanese duo starts building Shell’s Brazil-bound FPSO

    30 June 2025
    Business Developments & Projects, Project & Tenders

    The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.

  • Baker Hughes and Petronas forge alliance to boost Asia-Pacific’s energy transition

    14 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    U.S.-headquartered energy technology giant Baker Hughes has signed a strategic partnership memorandum of understanding (MoU) with Malaysia’s Petronas to explore collaboration in areas that have the potential to support Asia’s energy transition. 

  • AHTS vessel pair leaving DOF’s fleet

    11 July 2025
    Business Developments & Projects, Project & Tenders, Vessels

    The Danish subsidiary of Norway’s vessel owner DOF Group has inked deals with an undisclosed international buyer to sell two vessels from its fleet.

  • Giant North Sea oil field’s $1.3 billion third chapter is a go

    1 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

  • Marine warranty surveyor chosen for Australian 750 MW interconnector

    15 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Energy and marine consultancy ABL has been appointed to deliver marine warranty survey (MWS) services for a 750 MW, 345-kilometer-long power interconnector project in Australia. ABL’s operations in Australia will provide MWS services to support the marine transportation and installation (T&I) campaign for the submarine part of the Marinus Link interconnector, which will link Tasmania […]

  • Eco Wave Power wraps up floaters production for US pilot project

    15 July 2025
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Ports & Logistics, Project & Tenders, Technology

    Wave energy developer Eco Wave Power has completed production of all floaters for its first U.S. wave energy project, set for deployment at the Port of Los Angeles, which is expected to begin later this month. According to Eco Wave Power, the floaters, built by California-based All-Ways Metal, mark a key milestone for what will […]

  • Subsea7 gets to work offshore Egypt under ‘sizeable’ contract

    7 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Subsea7 has secured an engineering, procurement, commissioning and installation (EPCI) contract offshore Egypt for flexible pipelines, umbilicals, and associated subsea components for a tie-back to existing infrastructure. Subsea7 said the contract was a sizeable one, meaning it is worth between $50 million and $150 million. Project management and engineering work will begin immediately at the […]