Japanese shipping major Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from compatriot classification society ClassNK for the basic design of specialized vessels for subsea power cable jointing and burial. MOL is working with Sumitomo Electric Industries, Furukawa Electric, and N
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has unveiled a new oilfield find, which it describes as a major discovery in central Bohai Sea off the coast of China.
A U.S. subsidiary of the UK-headquartered energy giant Shell has found more oil during drilling operations with one of Transocean’s drillships in the U.S. Gulf of America (Gulf of Mexico).
Finnish technology group Wärtsilä has decided to divest Wärtsilä Gas Solutions to Mutares SE & Co. KGaA, a German private equity investor.
Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has decided to expand its fleet by buying four Handysize newbuilding vessels for an aggregate consideration of approximately $119.2 million.
Washington-headquartered EIG, through its managed investment vehicles, has acquired a stake from Canada Pension Plan Investment Board in Transportadora de Gas del Perú S.A. (TGP).
NjordIC has been awarded the UXO consultancy services contract for the Doordewind 1 & 2 grid connection system, commissioned by TenneT and forming part of TenneT’s offshore HVDC program supporting the Netherlands’ ambition to deliver 21 GW of offshore wind capacity. Under the contract, NjordIC will
Subsea7 has secured a contract with LLOG Exploration Offshore for the Buckskin field located approximately 305 kilometers off the coast of Texas, the U.S. For the Buckskin South Expansion project, Subsea7 will deliver the transportation and installation of a subsea umbilical and a rigid flowline in
French-based engineering company Technip Energies has confirmed the go-ahead to three players – Baker Hughes, Honeywell, and Solar Turbines – for equipment purchase orders required to bring a liquefied natural gas (LNG) project in Louisiana to life.
After news about awards in the Atlantic and North America regions, Norwegian vessel owner DOF Group has revealed the win of two contracts in the Asia-Pacific (APAC) region. The first is for a three-year frame agreement for the provision of subsea inspection, maintenance and repair (IMR) services wit
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.
London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.
Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected
In partnership with China Offshore Oil Engineering Co. (COOEC), Italy’s engineering, drilling, and construction services giant Saipem has won a multibillion-dollar engineering, procurement, construction, and installation (EPCI) assignment with QatarEnergy LNG, a subsidiary of Qatar’s state-owned ene
