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Business Developments & Projects

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A semi-submersible rig at sea
Business Developments & Projects

Seadrill hit with $55 million bill after appeals court upholds rig breach ruling

SFL Corporation has won a legal battle, with Norway's appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.

9 days ago
Fugro USV
Business Developments & Projects

EIB backs Fugro's USV technology development with €150 million

9 days ago
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Rig at sea
Business Developments & Projects

New oil & gas discovery set to join North Sea fast-track plays fuelling Europe’s energy security

Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.

9 days ago
An FPSO at sea surronded by two supply vessels
Business Developments & Projects

Kistos strengthens its presence in North Sea oil & gas hub with Vår Energi deal

Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.

9 days ago
LNG vessel at sea
Business Developments & Projects

Shell, GTT, and Lloyd’s Register eye hybrid-electric LNG carrier design

The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.

10 days ago
An industrial gas or petroleum processing facility with a worker wearing Equinor's logo on his back
Business Developments & Projects

Equinor to feed Dutch grid with low-emission Norwegian gas through 2031

Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.

10 days ago
Orbital Marine Power
Business Developments & Projects

Tidal energy array in Scotland cleared for construction start

10 days ago
Seaway Phoenix
Business Developments & Projects

Inter-array cable installation about to start at 2.9 GW UK offshore wind farm

10 days ago
A hydrogen-powered coastal bulk carrier
Business Developments & Projects

New wind for hydrogen-electric shipping as GMI-PowerCell collaboration expands to four bulk carriers

PowerCell’s new order to supply hydrogen fuel cell systems for two more GMI bulk carriers brings the total fleet order to four vessels.

11 days ago
CMES and RINA Management
Business Developments & Projects

AI, next-gen tech, and maritime decarbonization on RINA- China Merchants Energy Shipping pact’s agenda

The duo will explore AI-powered vessel operations, smart shipping, alternative fuels, and maritime decarbonization.

11 days ago
A remotely operated vehicle (ROV)
Business Developments & Projects

Ørsted expands offshore wind ROV fleet with third Saab electric subsea robot

Ørsted has turned to Saab UK for a third remotely operated vehicle (ROV) to scale up underwater capabilities across its offshore wind assets.

11 days ago
An offshore semi-submersible rig at sea
Business Developments & Projects

Shell and Equinor fuel $1.1 billion backlog uptick for Transocean

Transocean gets its hands on a North Sea contract for a semi-submersible with Shell and a final approval for three rigs from Equinor.

11 days ago
SLB
Business Developments & Projects

SLB and TotalEnergies enter into 15-year digital drilling agreement

14 days ago
Weatherford
Business Developments & Projects

Weatherford expands its scope of work for Equinor

14 days ago