10000 results found for 'elgin'

10000 results found for 'elgin'
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  • Wind-assisted towing on the cards for SBM Offshore’s Suriname-bound FPSO

    15 July 2026
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Research & Development, Technology, Transition, Vessels

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has disclosed that wind-assisted kite traction towing is being contemplated for a floating production, storage, and offloading (FPSO) vessel that will be deployed at a giant deepwater oil project in Block 58 off the coast of Suriname, which is operated by France’s energy giant TotalEnergies.

  • TotalEnergies signs preliminary deal to offtake Alaskan LNG for 20 years

    27 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vision

    French energy giant TotalEnergies has signed a letter of intent (LoI) with lead developer Glenfarne for the offtake of 2 million tons per year (mtpa) of liquefied natural gas (LNG) over 20 years from the Alaska LNG project, subject to the project’s final investment decision (FID). The Alaska LNG project, being developed through 8 Star […]

  • Hunting strengthens its subsea arsenal with new acquisition

    13 February 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Vision

    London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineered fluid transfer solutions for floating production and storage and offloading units (FPSOs) […]

  • UK’s offshore energy seeks North Sea oil & gas policy U-turn to unlock multi-billion investments

    20 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the importance of a policy reset for the North Sea oil and gas arena for the UK government to secure billions in energy investments and curtail the nation’s dependence on imports.

  • $13 billion US LNG project moves into execution phase with FID in the bag

    18 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has unveiled a final investment decision (FID) for its LNG export project under development in Louisiana, United States.

  • Long-standing customer taps Tekmar for cable protection under €4.7M contract

    20 February 2026
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    UK-headquartered Tekmar Group has won a contract worth over £4 million (around €4.68 million) under which it will deliver cable protection systems (CPS) for an offshore wind farm development in Europe. The contract was awarded by a long-standing customer, as Tekmar said, for the delivery of the 10th-generation CPS and associated ancillaries. Delivery is expected […]

  • ‘World’s most powerful’ subsea trencher in Port of Blyth for fit-out and commissioning

    19 February 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Technology

    A new subsea trencher destined for Danish power cable manufacturer and installation firm NKT, deemed the world’s most powerful, has arrived at the UK’s Port of Blyth to continue the fit-out and commissioning. NKT announced the investment in the NKT T3600 trencher in June 2025, as part of its ongoing investment in cable installation capabilities. A month […]

  • Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project

    24 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant, adds to the previously announced one for early works and expands Technip Energies’ scope […]

  • Technip Energies-led JV nets ‘major’ LNG contract with QatarEnergy

    25 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    A joint venture (JV) of Technip Energies, as the leader, Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC) has secured an engineering, procurement, construction and commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project, the last in a series of expansion projects that will raise Qatar’s […]

  • Allseas’ newbuild heavy transport vessel to sport Wärtsilä’s ‘future-proof’ engines

    22 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition, Vessels

    Wärtsilä has been hired to equip a new purpose-built semi-submersible heavy transport vessel (HTV), which will expand the fleet of Switzerland-based offshore contractor Allseas Group upon completion, with engines, featuring readiness to use alternative sustainable fuels and a modular design, said to enable a significant reduction in maintenance requirements and costs.

  • DOF starts preparing for 250+ day project in Argentina

    17 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has begun preparations to kick-start an offshore project in Argentina, where it will deploy two vessels for an expected combined duration of over 250 days. DOF reported yesterday, February 16, that it had secured a substantial contract, defined as worth between $25 million and $50 million, for a project in […]

  • Worley picks up job for CO2 LNG sequestration project in Middle East

    10 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    Australia’s engineering company Worley has secured an assignment at a carbon dioxide (CO2) LNG sequestration project in Qatar, which is run by the Persian Gulf state’s oil and gas giant QatarEnergy.

  • Shell spins the drill bit with Stena drillship in Egyptian waters

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

    UK-headquartered energy giant Shell has embarked on multi-well drilling activities off the coast of Egypt with a drillship owned by Scotland-headquartered offshore drilling contractor Stena Drilling.

  • 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.

  • Saipem to buy seventh-gen Deep Value Driller drillship for $272.5 million

    17 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Vessels

    Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat charter extension of the Deep Value Driller seventh-generation drillship with Saipem on December 29, the […]

  • Hellenic Cables nets inter-array contract for BC-Wind project in Poland

    18 February 2026
    Business Developments & Projects

    DEME has awarded Hellenic Cables with a contract for the supply of inter-array cables for the 390 MW BC-Wind offshore wind project in Poland, developed by Ocean Winds. Under the contract, the Greece-based manufacturer will be responsible for the design, engineering, manufacturing, testing, and supply of approximately 70 kilometers, including spares, of 66 kV inter-array […]

  • $20 billion Asian LNG project moves forward with environmental clearance

    20 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Regulation & Policy

    An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

  • ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done

    13 February 2026
    Business & Finance, Business Developments & Projects

    Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil.

  • Aker Solutions lands major five-year contract for key Aker BP assets off Norway

    16 February 2026
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Aker Solutions has secured a five-year contract with Aker BP for maintenance, modification and operation services (MMO) across all of its key assets on the Norwegian Continental Shelf (NCS). The work will be executed within the next-generation MMO alliance covering Valhall, Fenris, Ula, EIGA (Edvard Grieg and Ivar Aasen), Skarv, Alvheim, and the Yggdrasil area.  Engineering and […]

  • Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way

    6 February 2026
    Business & Finance, Business Developments & Projects, Vessels

    Cheniere Marketing International, a wholly owned subsidiary of the U.S. energy player Cheniere Energy, has signed off on long-term charter deals for new liquefied natural gas (LNG) carriers (LNGCs) with Japan’s shipping major Nippon Yusen Kaisha (NYK) Line, part of NYK Group, and Norway’s Ocean Yield.

  • Another ‘major’ North Sea decom job comes AF Offshore’s way

    13 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

  • World’s first global shipping carbon price talks back at UN’s bargaining table

    17 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Regulation & Policy, Rules & Regulation, Transition, Vessels

    As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend the framework and adopt it as it is later this year to help curb shipping’s reliance on fossil fuels and cut vessel fuel costs in the long-term.

  • SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea

    5 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design (FEED) contract with Carbon Collectors for the development of an offshore CO2 transport and injection solution in the Southern North Sea. The nine‑month FEED will define the design of a tower offloading unit (TOU), designed for the harsh North Sea conditions, enabling […]

  • Texas-based player scores FPU gig in US Gulf

    12 February 2026
    Business & Finance, Business Developments & Projects

    Texas-headquartered lifting and securement industry player Kito Crosby has won an offshore contract for a new floating production unit (FPU) in the Gulf of America (U.S. Gulf of Mexico).

  • Malaysia ups its energy investment ante with new oil & gas bid round

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

    Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination.