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Business Developments & Projects

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Tamar field
Business Developments & Projects

Chevron shuts in Tamar gas field amid unrest in Israel

Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region.

about 5 years ago
Shelf Drilling
Business Developments & Projects

Shelf Drilling sees encouraging signs of improving jack-up market

Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups.

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about 5 years ago
Platinum Explorer drillship - Vantage Drilling
Business Developments & Projects

Vantage finds more work for its rigs

Vantage Drilling has been awarded several new contracts, which will see its rigs operate in South East Asia, Middle East, and Africa.

about 5 years ago
Courtesy of ABS
Business Developments & Projects

In focus: Recent developments in the energy transition race

With the In focus column, Offshore Energy delivers a weekly snapshot containing the most relevant energy transition items.

about 5 years ago
A Shelf Drilling rig
Business Developments & Projects

Shelf Drilling clinches 10-year rig job

Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.

about 5 years ago
Drillships acquired by Noble Corp. through Pacific Drilling takeover
Business Developments & Projects

Noble Corp. shares Transocean’s optimism about market outlook

Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.

about 5 years ago
Valaris
Business Developments & Projects

Valaris hauls in sixteen new contracts and extensions

The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies.

about 5 years ago
Illustration (Courtesy of BELECTRIC)
Business Developments & Projects

EDF hires BELECTRIC to build floating solar plant in Israel

French energy giant EDF has hired a German-based company BELECTRIC to build 19.3MWp floating solar power plant in Israel.

about 5 years ago
Ocean Harvesting Technologies’ wave energy technology
Business Developments & Projects

In focus: In pursuit of carbon-neutrality – the holy grail of energy transition

In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ

about 5 years ago
Illustration (Courtesy of Polarcus)
Business Developments & Projects

Shearwater hooks Polarcus assets

Seismic exploration company Shearwater GeoServices has acquired marine seismic acquisition assets previously owned by Polarcus.

about 5 years ago
Lamprell
Business Developments & Projects

Lamprell wins drilling jackets deal with Saudi Aramco

Offshore construction specialist Lamprell has been awarded an engineering, procurement, construction and installation (EPCI) contract by Saudi Aramco.

about 5 years ago
Eidesvik Offshore's service operations vessel Acergy Viking
Business Developments & Projects

In focus: Energy and shipping sectors in symbiosis for net-zero

Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not

about 5 years ago
Concept for the MWP vessel with a 20MWp Ocean Sun floating solar power plant (Courtesy of MWP)
Business Developments & Projects

Ocean Sun teams up with MWP to use floating solar tech for desalination

Norwegian companies Ocean Sun and Marine Water Production (MWP) have joined forces to produce fresh water through desalination using offshore floating solar technology.

about 5 years ago
Oil barrels - oil demand
Business Developments & Projects

Rystad downgrades peak oil demand to 101.6 million bpd in 2026

Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.

about 5 years ago