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Business Developments & Projects

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Aramco keeps its energy and maritime bonds with UAE player going with new extension
Business Developments & Projects

Aramco keeps its energy and maritime bonds with UAE player going with new extension

UAE-based offshore fabrication contractor Lamprell has got a hold of an extension of its multi-year deal with Aramco, Saudi Arabia’s energy heavyweight.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

Transocean rig in the clear for drilling ops offshore Norway

Equinor has received the go-ahead from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway.

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about 1 year ago
Clean Industrial Deal
Business Developments & Projects

European Commission greenlights €400 million Spanish hydrogen scheme

The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025.

about 1 year ago
Offshore surveys to start at UK's fifth subsea electricity superhighway
Business Developments & Projects

UK’s fifth subsea electricity superhighway in the making?

Offshore marine survey operations are scheduled to begin soon at what would be the UK’s fifth subsea electricity superhighway, connecting Scotland and England. Ireland-based XOCEAN is in charge of carrying out the marine survey works for the Eastern Green Link 5 (EGL5) project using seven remotely o

about 1 year ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business Developments & Projects

Serious regulation breaches connected to Shelf Drilling rig’s cyber security come to light

Shelf Drilling (SHLF) has now received an order from the Norwegian offshore safety regulator after a probe into the management of data security risks for industrial ICT systems on board one of its jack-up rigs working off the coast of Norway.

about 1 year ago
United Global Ro-Ro cheers maiden call of newbuild LNG-powered PCTC at Khalifa Port
Business Developments & Projects

United Global Ro-Ro cheers maiden call of newbuild LNG-powered PCTC at Khalifa Port

The maiden call of a newbuild LNG-powered pure car and truck carrier (PCTC) at Autoterminal Khalifa Port has marked a new milestone for United Global Ro-Ro.

about 1 year ago
Valaris DS-9 drillship; Source: ExxonMobil
Business Developments & Projects

Valaris rig on the move as ExxonMobil’s drilling ops end in non-commercial gas volumes

ExxonMobil and QatarEnergy have wrapped up drilling activities off the coast of Cyprus, carried out with a drillship owned by Valaris, an offshore drilling contractor.

about 1 year ago
Valaris 123, former Ensco 123, jack-up rig; Source: Valaris
Business Developments & Projects

Gas uptick for Shell’s North Sea development project

Shell has disclosed better porosity and permeability than previously assumed for its natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS). This led the firm’s partner, Deltic Energy, to reveal a boost in recoverable gas volumes from the project.

about 1 year ago
Koreaa-flagged geotechnical survey vessel in new guise hits the water (Gallery)
Business Developments & Projects

Korea-flagged geotechnical survey vessel in new guise hits the water (Gallery)

Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering Co Ltd Korea (STE), has launched a geotechnical survey vessel, rebuilt/converted in 2024, into the water. Kim Heng announced today, April 15, the completion of the christening ce

about 1 year ago
Wilson’s bulker with wind-assisted propulsion begins service for aluminum producer
Business Developments & Projects

Wilson’s bulker with wind-assisted propulsion begins service for aluminum producer

Norwegian shipping player Wilson has deployed its multi-purpose dry cargo ship retrofitted wind-assisted propulsion for compatriot aluminum producer Hydro.

about 1 year ago
FPSO Atlanta; Source: Yinson Production
Business Developments & Projects

Brazilian oil field’s FPSO two wells richer with another duo slated for June

Brava Energia has brought two additional wells online by connecting them to an existing floating production, storage, and offloading (FPSO) vessel working at an oil field off the coast of Brazil.

about 1 year ago
Deep Value Driller drillship; Source: Deep Value Driller
Business Developments & Projects

Saipem tweaks terms for 7th-gen drillship’s stay in its rig fleet

Saipem has taken steps to make changes to a deal outlining the duration a chartered seventh-generation drillship will spend in its rig fleet.

about 1 year ago
Petrovietnam and JERA forge clean energy ties
Business Developments & Projects

Petrovietnam and JERA forge clean energy ties

Petrovietnam and JERA Asia have discussed opportunities to collaborate on clean energy development, especially in offshore wind, liquefied natural gas (LNG), ammonia, hydrogen and carbon reduction technologies.

about 1 year ago
Norsepower looking to expand rotor sail market in China
Business Developments & Projects

Norsepower looking to expand rotor sail market in China

Finnish wind propulsion specialist Norsepower has partnered with China’s COSCO Shipping Heavy Industry Equipment (Nantong) (CHIC) to accelerate the serial production, sales, installation, and service of its rotor sails in the region.

about 1 year ago