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Business Developments & Projects

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Eagle Explorer
Business Developments & Projects

New assignment for Cyprus-flagged vessel, India on schedule

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has through its subsidiary secured a contract for a 2D seismic survey offshore India. The company’s Eagle Explorer will begin mobilization in mid-July, with the project expected to keep the vessel utilized th

about 3 months ago
Deepsea Mira rig; Source: Odjell Drilling
Business Developments & Projects

2018-built rig all done with Shell’s Namibian offshore drilling campaign

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A 2018-built semi-submersible rig, owned by Northern Ocean and managed by Odfjell Drilling, has finished its drilling assignment with the UK-headquartered energy giant Shell off the coast of Namibia, Africa.

about 3 months ago
Boskalis christens ‘industry’s largest’ subsea rock installation vessel
Business Developments & Projects

Boskalis christens ‘industry’s largest’ subsea rock installation vessel

Boskalis has christened its new subsea rock installation (SRI) vessel, described by the company as the largest in the industry, following a year and a half of conversion work. Windpiper, whose purchase Boskalis announced in January 2025, was developed by converting an existing vessel into an SRI ves

about 3 months ago
Baleine FPSO; Source Altera
Business Developments & Projects

Altera Infrastructure on FPSO duty for Eni’s West African oil & gas project

Italy’s energy giant Eni has tasked Altera Infrastructure with the provision of a newbuild floating production, storage, and offloading (FPSO) vessel for the next phase of its oil and gas development project off the coast of Côte d’Ivoire, West Africa.

about 3 months ago
Two workers on an offshore platform
Business Developments & Projects

ExxonMobil passes the baton for Australian oil & gas asset to Woodside

Australia’s oil and gas giant Woodside Energy has taken over the operator helm from the Australian subsidiary of U.S.-headquartered energy major ExxonMobil for assets situated off Victoria’s Gippsland coast.

about 3 months ago
AHTS Skandi Vega; Source: DOF
Business Developments & Projects

DOF’s 2010-built vessel staying longer with Equinor in Norwegian waters

Norway’s state-owned energy giant Equinor has prolonged an assignment, which is being carried out on the Norwegian Continental Shelf (NCS) by one of the anchor handling tug supply (AHTS) vessels owned by DOF Group, a compatriot operator of a fleet of advanced vessels for the energy and marine sector

about 3 months ago
Texas LNG; Source: Glenfarne
Business Developments & Projects

Texas LNG project’s momentum builds as Kiewit gets go-ahead for early work

Texas LNG Brownsville, part of Glenfarne Group, has given conditional authorization to Kiewit Energy Group (KOS), a construction and engineering services provider, for work on a liquefied natural gas (LNG) export project being developed in the Port of Brownsville, Texas.

about 3 months ago
Final phase of Cyclades interconnection project crosses finish line
Business Developments & Projects

Final phase of Cyclades interconnection project crosses finish line

The fourth and final phase of the Cyclades interconnection project, which aims to increase the security and reliability of supply in Greece’s island systems, has been completed. Greek electricity grid operator Independent Power Transmission Operator (IPTO) reported that the construction of the South

about 3 months ago
FPSO Jotun; Source: Vår Energi
Business Developments & Projects

Vår Energi in the clear to fire up sixth chapter of North Sea oil project

Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway.

about 3 months ago
Illustration; Courtesy of Svanehoj
Business Developments & Projects

Drydocks World hires Svanehoj for LNGC-to-FSU conversion job

Denmark-headquartered marine pumps and liquefied gas safety system specialist Svanehoj has received an order to supply LTD gauging systems for a liquefied natural gas (LNG) carrier (LNGC) to floating storage unit (FSU) (LNGC-to-FSU) revamp, strengthening its position in offshore LNG infrastructure a

about 3 months ago
Swedish hybrid ocean energy platform on sea trials in commercialization push
Business Developments & Projects

Swedish hybrid ocean energy platform on sea trials in commercialization push

Swedish wave energy developer NoviOcean is carrying out sea trials of its hybrid offshore renewable energy platform, which combines wave, wind, and solar energy technologies, as part of the journey toward commercial deployment. The 10×6-meter N03 prototype has been operating in open water east of St

about 3 months ago
Rescue mission showing two men being lifted onto a helicopter; Courtesy of CHC Helicopter
Business Developments & Projects

Multimillion-dollar encore extends CHC choppers’ Norwegian oil & gas run until 2030

Norwegian state-owned energy giant Equinor has ensured the continuation of helicopter activity in Central Norway by prolonging CHC Helikopter Service’s flight assignment until the end of the decade.

about 3 months ago
Covelya Group acquisition expands Kraken’s geographic reach
Business Developments & Projects

Covelya Group acquisition expands Kraken’s geographic reach

Canada-headquartered marine technology player Kraken Robotics has closed the acquisition of the UK’s Covelya Group for approximately CA$615 million, resulting in geographic expansion and improved business diversification, among other things. Covelya Group designs, manufactures, sells and supports hi

about 3 months ago
Forward section of MODEC’s next generation full for the FPSO Gato do Mato sets sail for China; Source: MODEC
Business Developments & Projects

MODEC’s Brazil-bound FPSO hull on its way to China for integration work

Japan’s MODEC has tucked a construction milestone under its belt for a floating production, storage, and offloading (FPSO) vessel, with the completion of the forward hull section, which left Japan and is en route to China, where it will be integrated with the aft hull section. Once all the pieces of

about 3 months ago