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Deep Value Driller drillship; Source: Deep Value Driller
Fossil Energy

Saipem loses drillship deal to higher bidder

Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. I

about 7 months ago
Illustration: Odfjell Technology
Fossil Energy

Odfjell Technology buying majority stake in lightweight intervention and P&A businesses

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UK-headquartered Odfjell Technology, a spin-off of Odfjell Drilling, has entered into agreements to acquire a majority stake in two businesses supporting lightweight intervention and plug and abandonment (P&A). Odfjell Technology will acquire a 70% ownership stake in Kaseum Holdings Limited and Razo

about 7 months ago
New Baltic Sea interconnector on horizon as Lithuania, Latvia, and Germany plan cross-border link
Grid

New Baltic Sea interconnector on horizon as Lithuania, Latvia, and Germany plan cross-border link

Lithuania, Latvia, and Germany are planning a joint offshore interconnector that would enable electricity trading between the Baltic countries and Germany and allow for the integration of up to 2 GW of offshore wind capacity in Lithuania and Latvia. The energy ministers of the three countries signed

about 7 months ago
‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance
Alternative Fuels

‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD

about 7 months ago
Technip Energies-led JV nets ‘major’ LNG contract with QatarEnergy
Fossil Energy

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

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,

about 7 months ago
Allseas takes delivery of new cargo barge for offshore platform transport
Fossil Energy

Allseas takes delivery of new cargo barge for offshore platform transport

Allseas’ new cargo barge Braveheart, built by the CIMC Changhong Shipyard, which held a keel-laying ceremony for the new vessel in April 2025, has now departed China for the Netherlands. Braveheart was purpose-built to fit precisely within Pioneering Spirit’s bow slot to enable seamless transfer of

about 7 months ago
Critical HV components under construction in Türkiye for second Malta-Italy link
Interconnectors

Critical HV components under construction in Türkiye for second Malta-Italy link

The production of critical high-voltage (HV) components for the second electrical interconnector between Malta and Italy has commenced in Türkiye. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Sic

about 7 months ago
Worley hops on board Denmark’s national hydrogen transmission network
Hydrogen

Worley hops on board Denmark’s national hydrogen transmission network

Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod

about 7 months ago
Kosmos Energy completes sale of production assets in Equatorial Guinea to Panoro; Source: Kosmos Energy via LinkedIn
Fossil Energy

Panoro buying Kosmos Energy’s production assets off Equatorial Guinea for up to $219.5M

U.S.-headquartered oil and gas exploration and production company Kosmos Energy has agreed to sell its 40.375% non-operating working interest in production assets offshore Equatorial Guinea to UK-headquartered independent E&P company Panoro Energy for up to $219.5 million. Panoro Energy is set to ac

about 7 months ago
Kongsberg Maritime equipment ordered for South Korean cable laying vessel
Cabling

Kongsberg Maritime equipment ordered for South Korean cable laying vessel

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 Tersa

about 7 months ago
NAGA 8; Source: Velesto
Fossil Energy

No break for Velesto rig as it uses suspension period to work for Jadestone Energy

Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, has secured a $16.5 million contract with the Malaysian unit of Singapore’s Jadestone Energy for the provision of a jack-up drilling rig. The contract will see the NAGA 8 rig support infill drilling activities at the East Belu

about 7 months ago
Dutch wave energy device all good during first night at sea
Marine Energy

Dutch wave energy device all good during first night at sea

A wave energy converter (WEC) developed by Wave Energy Collective (Weco) has spent its first night in the North Sea, with the Hague-based company confirming that everything worked as expected. Weco reported that its Kaizen 2.0 WEC had been deployed with an improved installation procedure and exposed

about 7 months ago
N-Sea’s new cable layer arrives in the Netherlands for final outfitting
Cabling

N-Sea’s new cable layer arrives in the Netherlands for final outfitting

The hull of the dual-fuel cable installation and repair vessel destined for N-Sea Group has arrived from Poland at Neptune Marine’s yard in the Netherlands. The hull of the 100-meter-long cable-laying vessel (CLV) Altera was launched early in February in Poland, after which it started its journey fr

about 7 months ago
Four companies jointly bid to develop Britain’s first hydrogen network in the Humber
Clean Fuel

Four companies jointly bid to develop Britain’s first hydrogen network in the Humber

National Gas, Centrica, Equinor and SSE Thermal have launched a coordinated bid to develop Great Britain’s first regional hydrogen transport and storage network in the Humber. Together as Humber Hydrogen, the partners are looking to develop a network that would connect projects across Yorkshire and

about 7 months ago