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Business Developments & Projects

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Sea1 Offshore's fleet renewal in focus with sale of 21-year-old subsea construction vessel
Business Developments & Projects

Sea1 selling 11-year-old subsea construction vessel as part of fleet renewal

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, is selling its 11-year-old offshore subsea construction vessel (OSCV) as part of its fleet renewal program. Sea1 Offshore has signed an agreement to sell the 2014-built OSCV Sea1 Spearfish, currently on contract with PXGEO, to

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

Boost in Gulf of America’s oil & gas ‘treasure trove’ underpins US energy dominance dreams

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The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled a significant spike in the oil and gas arsenal of reserves in the Gulf of America, formerly the U.S. Gulf of Mexico, which is said to reinforce the nation’s offshore energy dominance aspirations.

about 1 year ago
FPSO Energean Power; Source: Energean
Business Developments & Projects

Energean’s brand-new gas deal bringing revenues of more than $2 billion

Energean has penned a multi-year gas sale and purchase agreement (GSPA) with Kesem Energy to supply natural gas to the latter’s new power plant under construction in Israel’s Rosh Ha’ayin within the Southern Levant region of the Middle East.

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

China richer for another offshore project start-up featuring ‘green’ oil & gas development

CNOOC has kicked off production from an oilfield development project off the coast of China, which comes with new bells and whistles, spotlighting more sustainable energy solutions.

about 1 year ago
The Fundy Ocean Research Centre for Energy visitor centre overlooking the technology test site in the Minas Passage, Bay of Fundy, is seen in this file photo. (Province of Nova Scotia / File)
Business Developments & Projects

Nova Scotia prepares procurement for tidal energy projects in Minas Passage

Nova Scotia is moving ahead with a procurement process to fill two tidal energy berths at the Fundy Ocean Research Centre for Energy (FORCE), located in the Minas Passage. The province has tapped Power Advisory to manage the process, which is expected to begin in May. According to the Nova Scotia go

about 1 year ago
The spar, the cylinder-shaped hull of the platform, was towed nearly 70 miles and submerged at one of Louisiana’s existing reef sites; Source: Chevron
Business Developments & Projects

Genesis in action: Oil platform comes back to life as artificial reef

A new lease on life has been bestowed upon an offshore platform that brought over 120 million barrels of oil to the energy market during its lifetime.

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

Yinson Production’s carbon capture-endowed FPSO weeks away from reaching its destination

Yinson Production is roughly a month away from welcoming its floating production, storage, and offloading (FPSO) vessel to Angolan waters.

about 1 year ago
Coral-Sul FLNG; Source: Eni
Business Developments & Projects

Eni cheers 100th LNG cargo from FLNG off Mozambique

Eni has tucked a new milestone under its belt in Mozambique with the 100th cargo of liquefied natural gas (LNG) from its floating LNG (FLNG) project in the African country.

about 1 year ago
Akçakoca production platform; Source: Trillion Energy
Business Developments & Projects

Bad weather postpones offshore installation ops at Türkiye’s gas field

Trillion Energy is keen on resuming gas lift compressor installation activities next week at its giant gas field in the Black Sea off the coast of Türkiye.

about 1 year ago
Illustration; Source: Sunda Energy, former Baron Oil
Business Developments & Projects

UK firm hands out draft EIS for offshore drilling ops in Southeast Asia

Sunda Energy has submitted drafts for public consultation of the environmental impact statement (EIS) and environmental management plan (EMP) for the drilling of its planned appraisal well at a gas field off the coast of Timor-Leste, Southeast Asia.

about 1 year ago
Japan’s ‘biggest’ cruise ship, LNG-powered Asuka III, officially handed over to NYK
Business Developments & Projects

Japan’s ‘biggest’ cruise ship, LNG-powered Asuka III, officially handed over to NYK

Japan’s “biggest cruise ship ever”, the LNG-powered Asuka III, has been officially delivered to NYK Cruises, a subsidiary of Japanese shipping group NYK.

about 1 year ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business Developments & Projects

French tubular solutions provider expands work in Algeria with job for national oil & gas company

French provider of tubular solutions Vallourec has received a notice of award to supply oil country tubular goods (OCTG) to Algeria’s national oil & gas company Sonatrach. Vallourec will deliver carbon steel OCTG threaded with its VAM connections, set to be manufactured across several of the company

about 1 year ago
ADNOC L&S: Construction of dual-fuel ethane and ammonia carriers in full swing
Business Developments & Projects

ADNOC L&S: Construction of dual-fuel ethane and ammonia carriers in full swing

AW Shipping, a JV of ADNOC L&S and Wanhua Chemical Group, marked milestones in the construction of dual-fuel ethane and ammonia carriers.

about 1 year ago
John Cockerill, Viettel to explore Vietnam-based electrolyzer manufacturing for green hydrogen
Business Developments & Projects

John Cockerill, Viettel to explore Vietnam-based electrolyzer manufacturing for green hydrogen

John Cockerill and Viettel Group have signed a memorandum of understanding (MoU) for exploring long-term cooperation to develop a Vietnam-based manufacturing and supply chain for pressurized alkaline water electrolyzers for green hydrogen production.

about 1 year ago