10000 results found for 'fire'

10000 results found for 'fire'
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  • Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs

    9 February 2026
    Business & Finance, Business Developments & Projects

    Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities.

  • Two Flex LNG vessels on duty until 2032 and one ship up to 2041

    18 March 2026
    Business & Finance, Business Developments & Projects, Vessels

    Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has revealed a contract extension for two LNG carriers and the start of an assignment for another vessel.

  • Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in

    8 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.

  • €693 million financing to support UK’s subsea electricity superhighway

    25 March 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    ScottishPower, through its parent company Iberdrola, has secured £600 million (around €693 million) in financing from the National Wealth Fund to support the development of the fourth out of five subsea electricity superhighways between Scotland and England. The 2 GW Eastern Green Link 4 (EGL4) high-voltage direct current (HVDC) subsea power link will run between […]

  • Kongsberg Maritime equipment ordered for South Korean cable laying vessel

    25 February 2026
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders, Technology, Vessels

    Norway’s Kongsberg Maritime has been appointed to deliver an integrated technology package for what is said to be South Korea’s first specialized HVDC installation vessel, being built in Türkiye. South Korean subsea cable installation company LS Marine Solution signed a contract with Türkiye’s Tersan Shipyard for the construction of the ultra-large cable laying vessel (CLV) at […]

  • Private LNG operator takes EU to court over €4.96 billion state funding

    20 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Deutsche ReGas, Germany’s private operator of liquefied natural gas (LNG) terminals, has embarked on a legal battle to challenge the European Commission’s approval of the €4.96 billion subsidy scheme, claiming that state aid for LNG terminals harms competition and weakens gas security.

  • ONGC and Petronet fortfying India’s LNG value chain

    28 January 2026
    Business & Finance, Business Developments & Projects, Collaboration

    India’s state-owned energy giant Oil and Natural Gas Limited (ONGC) has pooled resources with Petronet LNG Limited (PLL) to strengthen the country’s liquefied natural gas (LNG) value chain.

  • Transocean rig duo staying longer on drilling gigs in Norwegian waters

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

    Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway.

  • BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East

    13 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP.

  • Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000

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

    With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,” perceived to offer a potential lifeline to Vietnam’s declining oil production.

  • Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    UK-headquartered energy giant Shell has booked a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, for drilling activities off the coast of Namibia, Africa.

  • New Asian block expands UAE oil & gas player’s Andaman Sea footprint

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

    UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has enlarged its presence in the Andaman Sea with a new exploration block off the coast of Indonesia, Southeast Asia.

  • COSCO Shipping Bulk to expand roster with ammonia/methanol-ready quartet

    19 November 2025
    Business Developments & Projects, Vessels

    COSCO Shipping Bulk, a subsidiary of China’s state-owned maritime transport giant COSCO Shipping, has tapped compatriot Dalian Shipbuilding Industry (DSIC), an arm of China State Shipbuilding Corporation (CSSC), for the construction of at least four clean fuel-ready bulk carriers. Per information released by Greece-based shipbroker Intermodal, COSCO Shipping Bulk has also left room to exercise […]

  • Borr pulls the plug on two Mexican rig jobs as sanctions shake offshore drilling sphere

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

    As global and geopolitical sanctions continue to gain momentum, Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has dropped two long-term rig assignments off the coast of Mexico.

  • More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

    5 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy

    With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavyweight.

  • Philippines strikes ‘breakthrough’ offshore gas discovery

    19 January 2026
    Business Developments & Projects, Exploration & Production

    Prime Energy Resources Development (Prime Energy), a subsidiary of Prime Infrastructure Capital, has made a natural gas discovery, described as the first major gas find in more than ten years off the coast of the Philippines.

  • Deepwater energy project duo in Angola and Brazil getting Exail’s subsea tech

    11 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Exail, a subsidiary of Exail Technologies, has been hired to provide its long baseline (LBL) subsea positioning systems for two undisclosed deepwater energy projects off the coasts of Brazil and Angola.

  • Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

    10 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.

  • Wärtsilä and TMS Cardiff Gas renew LNG heptad deal for vessel ops support

    22 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Finnish technology group Wärtsilä is staying longer on the liquefied natural gas (LNG) carrier lifecycle duty with Greece’s TMS Cardiff Gas, part of TMS, thanks to a multi-year deal for seven LNG vessels.

  • Maritime players strike digital optimization partnership

    14 November 2025
    Collaboration, IT & Software, Technology, Vessels

    Switzerland-based turbocharger producer Accelleron and South Korea’s HD Hyundai Marine Solution, a marine technology provider operating under HD Hyundai, have entered into an agreement aimed at ‘boosting’ the integration of ship management and optimization tools. Under the terms of the contract the parties have signed, Accelleron and HD Hyundai Marine Solution are to explore closer […]

  • Another SeaBird Exploration vessel gets contract extension in Western Hemisphere

    23 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a three-month contract extension for its source vessel to continue working in the Western Hemisphere. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will continue performing ocean bottom node (OBN) source work in the region until mid-June. According to […]

  • Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

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

    Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

  • TotalEnergies books Havila’s platform supply vessel

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

    Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the 2009-built platform supply vessel (PSV) Havila Herøy to be deployed in Norway. Under the contract signed with TotalEnergies EP Norge AS, the PSV Havila Herøy will perform operations for 136 days, with the commencement expected in the first half of March. Havila […]

  • Uniper and Five Bioenergy ink seven-year biomethane supply deal

    9 October 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    German energy company Uniper and Spanish developer Five Bioenergy have signed a seven-year biomethane purchase agreement.

  • Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs

    3 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have secured contract extensions with Brazil’s oil and gas firm Petrobras. The current contracts of the 142-meter-long Skandi Vitória and Skandi Niterói have been extended from the fourth quarter of 2025 until the first quarter of 2027. The three-year contracts announced in June […]