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Business Developments & Projects

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Estlink 2 damage not considered an accident, Estonia's minister says as defense forces protect sister link
Business Developments & Projects

Estlink 2 damage not considered an accident, Estonia’s minister says as navy protects sister link

Estonia’s Defense Forces launched a naval operation early today to protect the Estlink 1 interconnector between Estonia and Finland as a response to the damage that occurred on the day of Christmas on Eastlink 2. Finland’s transmission system operator (TSO) Fingrid reported to the authorities on Dec

about 1 year ago
West Prospero jack-up rig; Source: Seadrill
Business Developments & Projects
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Seadrill closing benign jack-up chapter with sale of eight-year stacked rig

Seadrill has bid farewell to a jack-up rig that spent eight years out of work. The divestment is perceived as an enabler of the firm’s strategy to leave the benign jack-up market.

about 1 year ago
Man in a suit and tie smiling
Business Developments & Projects

Former ExxonMobil engineer joining Commonwealth LNG’s executive ranks

U.S.-based Commonwealth LNG, which is developing a liquefied natural gas (LNG) export terminal project near Cameron, Louisiana, has appointed a new member to the positions of General Counsel and Chief Commercial Officer.

about 1 year ago
Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source
Business Developments & Projects

Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source

France-based Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration and part of Viridien, has secured a contract with a marine geophysical company to deploy its new marine seismic source in the Gulf of Mexico. Sercel will deploy its Tuned Pulse Source (TPS) and related

about 1 year ago
Second LNG-powered LCO2 carrier handed over to Northern Lights JV
Business Developments & Projects

Second LNG-powered LCO2 carrier handed over to Northern Lights JV

Northern Pathfinder, the second LNG-powered LCO2 carrier that will service the Northern Lights, has been delivered.

about 1 year ago
Al Jurf and Dana jack-up rigs; Source: ADNOC Drilling
Business Developments & Projects

ADNOC Drilling enriches its jack-up fleet with two high-spec rigs

ADNOC Drilling has disclosed the arrival of two premium offshore jack-up drilling rigs in the Middle Eastern country’s waters.

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

TenneT selects NKT power cable systems for two projects in Germany

The Dutch/German transmission system operator (TSO) TenneT has selected NKT to provide high-voltage direct current (HVDC) onshore and offshore power cable systems for two projects that are part of TenneT’s 2 GW program. The contracts, valued at approximately €1 billion, are set to be completed betwe

about 1 year ago
Custom-built 7,800 CEU LNG dual-fuel car carrier delivered to SAIC Anji
Business Developments & Projects

Custom-built 7,800 CEU LNG dual-fuel car carrier delivered to SAIC Anji

SAIC Anji Logistics has taken delivery of its first custom-built 7,800 CEU LNG dual-fuel car carrier from CSSC Jiangnan Shipbuilding.

about 1 year ago
Japan and Malaysia strengthen hydrogen ties
Business Developments & Projects

Japan and Malaysia strengthen hydrogen ties

Mitsubishi Power has welcomed the Premier of Malaysia’s Sarawak to its Takasago Hydrogen Park in Hyogo Prefecture, Japan, marking a significant step in strengthening ties between the hydrogen ambitions of Sarawak and hydrogen technologies from Mitsubishi Power.

about 1 year ago
A large vessel being tugged by a smaller one
Business Developments & Projects

Plaquemines plant’s first LNG shipment on its way to Germany

U.S. liquefied natural gas (LNG) export project developer Venture Global has sent off the first cargo from its export facility in Plaquemines Parish, Louisiana.

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

‘New benchmark’ for triad’s drilling JV with delivery of first wells under 20 days

Three players, two incorporated in the United States (U.S.) and one in the Middle East, recently set up a new joint venture, named Turnwell, which has ticked off its list the first batch of wells in its initial 144-well program under 20 days.

about 1 year ago
Atlantic Star rig; Source: Constellation
Business Developments & Projects

Petrobras opts to keep Constellation rig busy for 301 more days

Brazilian drilling contractor Constellation Oil Services has secured further work off the coast of Brazil for its semi-submersible rig with the state-owned energy giant Petrobras. Petrobras has handed out a contract extension to Constellation for the Atlantic Star rig, which enables the semi-submers

about 1 year ago
Photo: San Miguel Global Power
Business Developments & Projects

Green light for trio’s ‘critical’ $3.3 billion LNG acquisition

The Philippine Competition Commission (PCC) has given its blessing to three players for the joint acquisition of power facilities and a liquefied natural gas (LNG) terminal in Batangas City, Philippines.

about 1 year ago
Noble Sam Croft drillship; Source: Noble
Business Developments & Projects

Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana

As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned by Noble Corporation and Stena Drilling.

about 1 year ago