Business Developments & Projects

Shell to take a slice of Equinor's $10 billion oil project in Canada

SLB and TotalEnergies enter into 15-year digital drilling agreement

Weatherford expands its scope of work for Equinor

Offshore installation starts at Valeura's Gulf of Thailand field ahead of schedule

More work with Petrobras increases Brazilian firm's backlog to over $2 billion

Yinson Production achieves industry-first non-Brazil FPSO project bond at $1.46 billion

Yinson Production has closed the largest FPSO project bond to date at $1.458 billion, marking the first-ever non-Brazil issuance for the asset class.

Golar secures 2013-built LNG carrier for conversion into fourth FLNG

Golar LNG has acquired a 13-year-old vessel from NYK Line to transform it into a floating liquefaction facility by 2029.

Lamprell tasks IMI with offshore platform and jacket fabrication scope

Lamprell has partnered with International Maritime Industries (IMI) to execute a major offshore fabrication scope.

'World-first' CCS platform for industrial decarbonization stands tall offshore UK

Excelerate entrusts FSRU conversion to Seatrium with another on the cards

Seatrium has secured an FSRU conversion assignment with Excelerate Energy, with delivery set for 2028.

Subsea7 contracts EnerMech for Trinidad and Tobago's subsea development

XOCEAN enters strategic alliance in Japan to expand use of USVs

Fresh North Sea gas discovery yields up to 10 million barrels of oil equivalent

A routine sidetrack drilling operation in the North Sea has paid off for Equinor, yielding a fresh gas discovery.

Rockhopper pledges $44 million for oil project’s second Falklands-bound FPSO

Rockhopper has committed millions to secure a stake in a floating production, storage, and offloading (FPSO) destined for the Falkland Islands.