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Business Developments & Projects

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Rio Grande LNG terminal; Courtesy of NextDecade
Business Developments & Projects

Ten-year job for Wood on US Gulf Coast LNG project

Scotland-headquartered engineering and consulting company Wood has won a multi-year assignment with Houston-headquartered NextDecade Corporation for a liquefied natural gas (LNG) export project in Texas, United States.

about 10 months ago
FSRU Toscana; Source: OLT Offshore LNG Toscana
Business Developments & Projects

Snam moves to take over partner’s stake in Italy’s FSRU

Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.

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about 10 months ago
BW Energy
Business Developments & Projects

BW Energy enters Angola’s offshore oil & gas playground with new acquisition

Oslo-listed oil and gas E&P player BW Energy has struck a deal to get hold of minor stakes in two blocks off the coast of Angola.

about 10 months ago
Global Marine Group to update fleet with Solstad construction support vessel
Business Developments & Projects

Global Marine Group to update fleet with Solstad construction support vessel

UK-headquartered Global Marine Group is acquiring a Solstad Maritime (SOMA) construction support vessel (CSV) that has been supporting company operations since 2020. SOMA announced today, December 12, that Global Marine Group, the current charterer of CSV Normand Clipper, has declared its purchase o

about 10 months ago
Valaris DS-8 drillship; Source: Wartsila
Business Developments & Projects

Shell chooses Valaris drillship for drilling ops at giant oil & gas project in Brazilian waters

Valaris has landed a new rig deal with Shell, a UK-headquartered energy giant, which will enable one of its drillships to carry out drilling activities at an oil and gas development off the coast of Brazil.

about 10 months ago
Catcher FPSO
Business Developments & Projects

Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the

about 10 months ago
Gorgon; Source: Chevron
Business Developments & Projects

Third stage of giant Australian gas project to sport TechnipFMC subsea production systems

Shortly after disclosing the final investment decision (FID) for the project, U.S. oil & gas company Chevron has awarded TechnipFMC with a contract for the delivery of subsea production systems for the third stage of development for its giant gas project offshore Western Australia. As part of the co

about 10 months ago
Atlantis; Courtesy of BP
Business Developments & Projects

BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf

BP has put into production mode an expansion project in the U.S. Gulf of America (Gulf of Mexico), as its seventh major upstream project that started up this year and the fifth to come online earlier than planned.

about 10 months ago
Deepsea Mira rig; Source: Odjell Drilling
Business Developments & Projects

Shell handpicks Odfjell Drilling-managed rig for ops offshore Namibia

UK-headquartered energy giant Shell has booked a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, for drilling activities off the coast of Namibia, Africa.

about 10 months ago
Tyne Renewable Quay 11.7ha development site is part of the Tyne Clean Energy Park; Source: Port of Tyne
Business Developments & Projects

Methanol and shore power recipe to unlock Newcastle – Amsterdam green shipping corridor

Given the growing zest for specific routes where vessels employ low-emission propulsion, a new study has assessed the technical and commercial feasibility of introducing a green shipping corridor between Newcastle and Amsterdam.

about 10 months ago
TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer
Business Developments & Projects

TechnipFMC’s 100th Subsea 2.0 tree goes to Shell, the platform’s first customer

TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the company that placed the first order for the subsea product platform. The subsea tree was manufactured, assembled, and tested at TechnipFMC’s dedicated facility for Subsea 2.0 in Nusajaya, Malaysia, and wil

about 10 months ago
Transocean Barents semi-submersible rig; Source: Transocean
Business Developments & Projects

OMV Petrom continues its multi-well drilling program with Transocean rig in Black Sea

OMV Petrom, Romania-headquartered affiliate of Austria’s OMV, has provided insight into its drilling plans in the Romanian sector of the Black Sea, where several wells remain on the list to be drilled using a semi-submersible rig owned by Transocean.

about 10 months ago
Eni agrees on Egypt hydrogen production
Business Developments & Projects

Eni’s offshore drilling ops in Southeast Asia yield new gas discovery

Italy’s energy giant Eni has shed some light on its new gas discovery in the Kutei Basin about 50 kilometers off the coast of East Kalimantan in Indonesia, Southeast Asia.

about 10 months ago
Sumitomo confirmed subsea cable supplier for UK electricity connection
Business Developments & Projects

Sumitomo confirmed subsea cable supplier for UK electricity connection

Japanese Sumitomo Electric Industries has officially been contracted to supply and install 140 kilometers of subsea cable for a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk in the UK, after having the preferred bidder status since July. The contract secured

about 10 months ago