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Business Developments & Projects

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Noble Intrepid jack-up rig; Source; Noble Corporation
Business Developments & Projects

Go-ahead for Noble rig to spud North Sea hydrocarbon prospect this month

DNO Norge, a subsidiary of Norwegian oil and gas player DNO, has secured a drilling permit, which will enable it to drill a well in the North Sea off the coast of Norway with a rig owned by Noble Corporation, a U.S.-headquartered offshore drilling giant.

about 1 year ago
Provaris launches Yinson-funded FEED for LCO2 tank
Business Developments & Projects

Provaris launches Yinson-funded FEED for LCO2 tank

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Provaris has received approval from Yinson to start the FEED phase for its large-scale low-pressure LCO2 tank.

about 1 year ago
Gladstone LNG; Source: Santos
Business Developments & Projects

Santos awarded over $450M in LNG project legal dispute with Fluor

Australia’s energy player Santos has been declared the winner of a court case it brought against Fluor Australia, a subsidiary of Texas-based engineering firm Fluor Corporation.

about 1 year ago
Illustration; Source: Chevron
Business Developments & Projects

Chevron shakes hands with Thai player on oil & gas exploration in Southeast Asia’s block

Chevron and BCPR, a Bangchak Group affiliate and Thai energy company, have joined forces to undertake actions aimed at strengthening exploration and development activities at an offshore block in the Gulf of Thailand, Southeast Asia.

about 1 year ago
FPSO One Guyana; Source: ExxonMobil
Business Developments & Projects

SBM Offshore FPSO up and running in Guyana: First oil gushes out of ExxonMobil’s 4th project

SBM Offshore, a provider of design, construction, installation, and operation of offshore floating facilities, has put its new floating production, storage, and offloading (FPSO) vessel into production mode, enabling ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana to co

about 1 year ago
NEXTCHEM to provide technology for low-carbon hydrogen project in US
Business Developments & Projects

NEXTCHEM to provide technology for low-carbon hydrogen project in US

NEXTCHEM has received a letter of award from an undisclosed international energy company to provide the licensing, process design package (PDP), and engineering services for the application of its proprietary eBlue technology in the production of low-carbon hydrogen in the southwest of the United St

about 1 year ago
Offshore field opening ceremony
Business Developments & Projects

Norway’s northernmost oil field formally inaugurated

Norwegian Energy Minister Terje Aasland has officially opened a field offshore Norway operated by the country’s state-owned energy giant Equinor.

about 1 year ago
llustration/Morlais Demonstration Zone (Courtesy of Marine Energy Wales/Archive)
Business Developments & Projects

UK opens Allocation Round 7 for contracts for difference scheme

The UK government opened the application window for Allocation Round 7 (AR7) of the Contracts for Difference (CfD) scheme on August 7, 2025. The window will remain open until August 27, 2025. The CfD scheme has so far supported 10 GW of renewable capacity, with another 23 GW contracted to be operati

about 1 year ago
Following upgrades, European JV-owned cable layer goes to 1.1 GW Irish offshore wind farm
Business Developments & Projects

Following upgrades, European JV-owned cable layer goes to 1.1 GW Irish offshore wind farm

A cable-laying vessel (CLV) jointly owned by the UK’s Enshore Subsea and Belgian Herbosch-Kiere has undergone a targeted upgrade program following the completion of a project in Senegal. Under a $200 million contract, the companies’ Dakar Marine Link joint venture was in charge of delivering onshore

about 1 year ago
Rendering of an LNG terminal at night
Business Developments & Projects

UAE player’s stake buy prompts rebrand of US LNG developer

UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has closed the acquisition of an interest in a subsidiary of energy-focused alternative asset manager Kimmeridge.

about 1 year ago
new report
Business Developments & Projects

Methanol Institute welcomes Angola’s NVS Energy Industria as newest member

Methanol Institute (MI) has introduced NVS Commodities Materials and Services, the technical division of Angola’s NVS Energy Industria, as its newest member.

about 1 year ago
Aerial view of Hibiki LNG terminal
Business Developments & Projects

Chiyoda building third tank for compatriot’s LNG terminal

Japanese engineering company Chiyoda Corporation has won an engineering, procurement, and construction (EPC) contract with compatriot Saibu Gas for an additional tank at the latter’s liquefied natural gas (LNG) facility near Kitakyushu, Japan.

about 1 year ago
Petronas forges partnership with Norwegian firm for sustainable underwater operations
Business Developments & Projects

Petronas targets sustainable underwater operations via partnership with Norwegians

Malaysian state-owned oil and gas company Petronas has partnered up with Norwegian high-tech underwater robotics company Eelume with the aim of advancing sustainable underwater operations. The collaboration is said to support the continued development, enhancement and deployment of an advanced subse

about 1 year ago
HD Hyundai
Business Developments & Projects

HD Hyundai arms clinch ‘world’s first’ technology validation for brand-new electric propulsion system

HD Hyundai affiliates, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI), have secured the ‘world’s first’ New Technology Qualification (NTQ) from classification society American Bureau of Shipping (ABS) for its ‘next-generation’ electric propulsion solutio

about 1 year ago