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Business Developments & Projects

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Business Developments & Projects

Recently converted seismic source vessel begins sea trials (Video)

A 2010-built seismic source vessel owned by Norway’s Sanco Shipping, recently converted from a seismic research vessel, is performing its sea trials ahead of delivery. Sanco Shipping purchased Sanco Sailor in July 2025, at the time named PGS Apollo, after which the 106.6-meter-long vessel set sail d

about 8 months ago

Business Developments & Projects

Baker Hughes and Italian player team up to play ball on global LNG scene

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Baker Hughes has banded together with Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, to explore prospective modularized, scalable liquefied natural gas (LNG) projects across the globe.

about 8 months ago

Business Developments & Projects

Danish wave energy firm step closer to commercial pilot project in Barbados

Danish wave energy firm Wavepiston has signed a memorandum of understanding (MoU) with Export Barbados (BIDC), an agency of the Barbados Government, as part of its journey towards commercial wave energy deployment in the Caribbean. Under the acronym WEB (Wave Energy in Barbados), Wavepiston and Expo

about 8 months ago

An offshore platform with a large vessel surrounded by several smaller vessels next to it

Business Developments & Projects

Multi-year LNG pacts strengthen Qatar’s bilateral ties with Malaysia and Japan

Qatar’s state-owned oil and gas giant QatarEnergy has sealed long-term liquefied natural gas (LNG) deals with Malaysia’s Petronas, Japan’s Ministry of Economy, Trade and Industry (METI), and JERA, the country’s largest power generation company.

about 8 months ago

Commonwealth LNG design; Source: Commonwealth LNG

Business Developments & Projects

$11 billion US Gulf Coast project brokers 20-year LNG and gas deals with Mercuria

Mercuria, an independent energy and commodity trader, has hammered out liquefied natural gas (LNG) sale and gas supply agreements with an LNG export project under development in Louisiana, which is being brought to life by America’s integrated gas and LNG company Caturus, controlled by the energy-fo

about 8 months ago

Business Developments & Projects

Pipe producer tightens its grip on giant Black Sea project with double contract win

Tenaris, a Luxembourg-headquartered manufacturer and supplier of steel pipe products and related services, has scored a double win for the third phase of Türkiye’s largest natural gas field development, building on its work on the earlier phases of the project. As part of two contracts secured with

about 8 months ago

Business Developments & Projects

TotalEnergies bolsters its oil & gas bond with Kuwait’s oil player

France’s energy giant TotalEnergies has joined forces with Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation (KPC), to strengthen their cooperation, exchange expertise, and conduct technical studies.

about 8 months ago

Business Developments & Projects

Two more gigs for TGS in Europe

Norwegian energy data and intelligence company TGS has secured two new contracts in the North Sea, following the announcement of its second ocean bottom node (OBN) contract in Europe for the 2026 season. TGS has won a 4D streamer acquisition contract offshore Norway, with a Ramform vessel scheduled

about 8 months ago

Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor

Business Developments & Projects

Worley confirms deals with Venture Global in US and Equinor in Norway

Worley has corroborated the award of two assignments with Norway’s state-owned energy giant Equinor for oil and gas assets on the Norwegian Continental Shelf (NCS) and Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, for a second phase of an LNG

about 8 months ago

Business Developments & Projects

Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-

about 8 months ago

Business Developments & Projects

Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial

about 8 months ago

Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn

Business Developments & Projects

Venture Global sheds light on Worley’s role at next chapter of US LNG project

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has offered insight into its agreement with Worley Field Services, an affiliate of Australia’s engineering company Worley, for a second segment of its LNG export project in Louisiana, United State

about 8 months ago

Business Developments & Projects

Eni taps Shearwater GeoServices for work in Timor Sea

Norwegian Shearwater GeoServices has secured a 3D seismic acquisition contract with Italy’s energy giant Eni for work in the Timor Sea. The two-month survey will be performed by Shearwater’s high-capacity vessel SW Bly, with commencement expected late in the first quarter of this year. The project c

about 8 months ago

Business Developments & Projects

Maersk enriches fleet with another methanol-powered vessel

Danish shipping and logistics titan A.P. Moller – Maersk has taken delivery of the first in a new series of six dual-fuel mid-size container vessels being constructed at a Chinese shipyard. The Tangier Mærsk was delivered from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months a

about 8 months ago