10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Subsea7’s scope at Türkiye’s largest natural gas field extended once again

    24 September 2026
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Subsea7 has secured yet another contract extension with Turkish Petroleum Offshore Technology Center (TP-OTC) for the third development phase of Türkiye’s largest natural gas field. Turkish Petroleum hired a consortium of SLB, Subsea7, and Saipem on an engineering, procurement, construction and installation (EPCI) contract in May 2023 for the second planned development phase of the Sakarya gas field, consisting of subsea production systems […]

  • WATCH: Rem Offshore’s methanol-ready energy subsea construction vessel in the water

    27 March 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Vessels

    The second energy subsea construction vessel (ESCV) being built for Norwegian shipping company Rem Offshore at a shipyard in Vietnam has been launched into the water. REM Ocean, for which the steel-cutting ceremony was held in February 2025 and keel laid in July, will, once completed at Myklebust Shipyard and delivered in 2027, enter an eight-year contract with […]

  • African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

    1 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered energy giant Chevron has taken a final investment decision (FID) for a gas monetization project off the coast of Equatorial Guinea. Noble Energy EG, a Chevron company, has tasked Luxembourg-domiciled Subsea7 with the subsea installation scope for this project.

  • Methanol-ready subsea vessel traveling from Vietnam to Norway for completion

    22 June 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Vessels

    Rem Offshore’s second energy subsea construction vessel (ESCV) is currently on its way from Vietnam to Norway, where it will undergo outfitting and final completion. The Norwegian shipping company reported that REM Ocean was delivered from the hull yard in Song Cam, Vietnam, on June 15. The tow started from the Hai Phong area on […]

  • BP executive becomes OMV’s first female CEO

    21 April 2026
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the position for a three-year period with the […]

  • Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

    14 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

  • ExxonMobil reaffirms trust in Saipem with eighth contract offshore Guyana

    22 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Italian engineering, drilling, and construction services giant Saipem has secured a new offshore contract with ExxonMobil in Guyana, covering the operator’s eighth oil discovery in the Stabroek block. Worth around $150 million, ExxonMobil Guyana Limited awarded Saipem with a limited notice to proceed (LNTP) for the engineering, procurement, construction and installation (EPCI) of the subsea […]

  • Golar LNG raises $600 million loan with FLNG business expansion in mind

    4 August 2026
    Business & Finance, Business Developments & Projects

    Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, has landed a multimillion-dollar financing to fuel its floating LNG (FLNG) expansion.

  • Jan De Nul’s first XL cable layer on sea trials, second to follow

    1 September 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vessels

    Jan De Nul’s extra-large cable-laying vessel (CLV) Fleeming Jenkin has started sea trials, soon to be followed by its twin, William Thomson. Jan De Nul placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard in October 2023, followed by an order for William Thomson in May the following year. With a cargo capacity of 28,000 tons […]

  • Floating wind turbine that will power UK gas platform ready for tow to offshore site

    31 July 2026
    Business Developments & Projects

    The Culzean floating wind turbine, which will supply electricity to the Culzean gas platform in the North Sea, off the coast of Scotland, will soon be towed to its offshore location as the integration of the wind turbine with the floating foundation has been completed. Archer, the engineering, procurement and construction (EPC) contractor for the […]

  • African oil field turns production switch back on after FPSO refurbishment

    9 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Houston-based energy player Vaalco Energy has brought back online a field off the coast of Côte d’Ivoire, following an overhaul to extend the lifespan of a floating production, storage, and offloading (FPSO) vessel deployed at the African asset.

  • Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

    9 June 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.

  • Underground drilling marks start of offshore section works for second Malta-Italy link

    16 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Nexans has begun horizontal directional drilling (HDD) works in Malta for the second electrical interconnector to Italy, marking the start of work related to the project’s offshore section. This will create the underground connection between the onshore and offshore sections of the project, allowing the high-voltage cable to pass from land to sea without impacting […]

  • Denmark opens EU’s first full-scale CO2 storage site

    18 September 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Storage, Transition, Vision

    King Frederik X of Denmark has opened the first full-scale CO2 storage site in the EU, led by INEOS Energy, with partners Harbour Energy and the Danish North Sea Fund (Nordsøfonden). Project Greensand was in December 2022 granted an exploration permit for the injection and storage of up to 15,000 tons of CO2 in Nini West […]

  • TechnipFMC highlights ‘critical’ subsea equipment delivery for $12.2B oil project

    7 August 2026
    Business & Finance, Business Developments & Projects, Equipment

    UK-headquartered energy technology provider TechnipFMC has emphasized that strong execution momentum is keeping a giant deepwater oil project, operated by France’s energy giant TotalEnergies, in Block 58 off the coast of Suriname on track.

  • 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.

  • Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

    10 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

  • Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

    4 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.

  • Golar LNG tasks Axess with work on FLNG pair bound for South American project

    14 July 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway-headquartered asset integrity management company Axess Group has picked up new assignments with Golar LNG, the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, for two floating LNG (FLNG) units destined to be deployed at Argentina’s LNG project on the South American country’s Atlantic coast.

  • Perenco on offshore platform electrification quest to power Brazil’s shallow-water fields from shore

    23 September 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    In a bid to strike a balance between maximizing asset longevity and curbing greenhouse gas (GHG) emissions, Perenco Brasil, a subsidiary of Anglo-French oil and gas player Perenco, is joining forces with Porto do Açu to bring shore power directly to its offshore fields in the Campos Basin off the coast of Brazil.

  • Dolphin Drilling: GHL cash-and-rig proposal ‘encouraging’ but settlement offer falls short

    28 August 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has received a proposal from Lagos-based General Hydrocarbons Limited (GHL) to resolve their long-running arbitration dispute through a combination of cash and potential deployment of its rig in Nigeria.

  • New Wave Offshore Energy gets mission-critical oversight job on Shell’s Brazilian oil & gas project

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

    New Wave Offshore Energy, Texas-headquartered marine consultants, has been tasked with a marine warranty services (MWS) assignment for an oil and gas deepwater development off the coast of Brazil, which is operated by Shell Brasil Petróleo (Shell Brasil), a subsidiary of the UK-headquartered energy giant Shell.

  • MODEC’s Brazil-bound FPSO hull on its way to China for integration work

    2 July 2026
    Business & Finance, Business Developments & Projects

    Japan’s MODEC has tucked a construction milestone under its belt for a floating production, storage, and offloading (FPSO) vessel, with the completion of the forward hull section, which left Japan and is en route to China, where it will be integrated with the aft hull section. Once all the pieces of the FPSO are in place, the vessel will be deployed at a field offshore Brazil, operated by the Brazilian subsidiary of the UK-headquartered energy giant Shell.

  • Seatrium lines up third FLNG conversion assignment with Golar LNG

    14 August 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Golar LNG, a Bermuda-headquartered liquefied natural gas (LNG) midstream infrastructure owner and operator, has booked Seatrium, a Singapore-headquartered offshore, maritime, and energy solutions provider, for a potential third floating LNG (FLNG) conversion project.

  • 6,900-kilometer gas pipeline takes step forward as West African States seal the deal

    21 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Member states of the Economic Community of West African States (ECOWAS) union have signed an intergovernmental agreement (IGA) for a pipeline that would span nearly 6,900 kilometers along the West African Atlantic coast, connecting Nigerian gas fields to Morocco. Jointly led by Nigerian National Petroleum Company Limited (NNPC) and Morocco’s Office National des Hydrocarbures et des […]