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Business Developments & Projects

TFG Marine and Consort Bunkers ink long-term charter deal for new methanol bunker tankers

TFG Marine has entered into a long-term charter agreement with Consort Bunkers for four newbuild methanol carriage-ready bunker tankers.

about 2 years ago

Business Developments & Projects

TotalEnergies employs Strohm on first-of-its-kind subsea assignment in Brazilian pre-salt

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Strohm has tucked a new deal for the supply of TCP flowlines under its belt with TotalEnergies for an offshore field in the Santos Basin in the Brazilian pre-salt area.

about 2 years ago

Business Developments & Projects

Siemens Energy secures work for large-scale hydrogen project in Germany

Siemens Energy has been awarded a contract by EWE to supply a 280 MW electrolysis system for a large-scale hydrogen project in Emden.

about 2 years ago

Business Developments & Projects

Petrobras goes on quest to slash costs and risks arising from deepwater drilling ops with technology

GA Drilling has entered into a technical cooperation program with Petrobras, targeting a revamp of the downhole drilling system.

about 2 years ago

Business Developments & Projects

LiqTech partners with Danbee Marine to market marine scrubber water treatment solutions in South Korea

LiqTech and Danbee Marine signed a partnership agreement to market LiqTech’s marine scrubber water treatment solutions within South Korea.

about 2 years ago

Dutch wave energy company Slow Mill Sustainable Power has moved its wave energy converter (WEC) from the harbor in Den Helder, the Netherlands, to the dry testing site.

Business Developments & Projects

Dutch wave energy converter to be dry tested before deployment at offshore test site

Besides dry testing at the site, Slow Mill Sustainable Power will also be setting up the WEC for offshore preparation.

about 2 years ago

Deepsea Stavanger semi-submersible rig; Source: Africa Energy

Business Developments & Projects

TotalEnergies is calling it quits at multiple offshore blocks in South Africa with QatarEnergy joining exodus from two huge gas discoveries

TotalEnergies has made up its mind to pull out of several blocks off the coast of South Africa after its partner in one of these blocks decided to do the same.

about 2 years ago

Business Developments & Projects

European Commission okays €1.2 billion Spanish renewable hydrogen scheme

The European Commission has approved a €1.2 billion Spanish scheme to support investments in renewable hydrogen production.

about 2 years ago

Business Developments & Projects

New milestone for Technip Energies, as it wraps up work on mega offshore oil project

Technip Energies has completed all its contractual obligations for the second phase of an offshore oil field in the Arabian Gulf, 30 km northwest of Abu Dhabi, UAE.

about 2 years ago

Ocean Apex rig; Source: Diamond Offshore

Business Developments & Projects

Noble-Diamond Offshore merger process is off to a good start: Will it prompt further rig market consolidation moves?

With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.

about 2 years ago

Arabia I jack-up rig; Source: Borr Drilling

Business Developments & Projects

Borr Drilling’s 22-strong rig fleet booked: Three jack-ups pick up gigs in Brazil, Malaysia, and Gabon

Borr Drilling has won a series of new contracts, extensions, and potential assignments for three premium jack-up rigs, covering 1,779 days and bringing $332 million in contract revenue, including mobilization and demobilization compensation.

about 2 years ago

Business Developments & Projects

More offshore oil & gas acreage for Jadestone in Malaysian waters

Jadestone Energy has inked a small field asset (SFA) cluster PSC offshore Peninsular Malaysia with an affiliate of Petronas.

about 2 years ago

Business Developments & Projects

Interview with Rovco CEO: New technologies can close huge offshore wind skills gap

New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi

about 2 years ago

LNG terminal Illustration; Source: Aker Solutions

Business Developments & Projects

‘Critical milestone’ for Scotland’s floating LNG import terminal as British firm wins engineering design job

Crown LNG Holdings has picked a partner for the design and engineering of its planned FSRU import terminal in Scotland’s Firth of Forth.

about 2 years ago