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Business Developments & Projects

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Illustration; Source: Eco Atlantic
Business Developments & Projects

Navitas widens its South African oil & gas arsenal

Israel’s Navitas Petroleum has signed on the dotted line to get a stake in a block off the coast of South Africa by exercising an option to farm into the block with Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin.

about 4 months ago
Shearwater gets to work for Shell and Equinor’s joint venture
Business Developments & Projects

Shearwater gets to work for Shell and Equinor’s joint venture

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Adura Operations, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has selected Norwegian Shearwater GeoServices to perform ocean bottom node (OBN) seismic acquisition at its field in the UK North Sea. Shearwater’s scope covers approximately 220 km2 of seismic acquisi

about 4 months ago
BW Energy in talks with Petrobras to buy Brazilian offshore field
Business Developments & Projects

Oil boost on the horizon with go-ahead for project off Gabon and infill wells in Brazil

Oslo-listed oil and gas exploration and production (E&P) player BW Energy is embarking on an oil production expansion push by making a final investment decision (FID) for a project off the coast of Gabon and pursuing an infill well campaign in Brazilian waters.

about 4 months ago
Bird’s-eye view of the Quynh Lap project site in Nghe An Province, Vietnam, where the LNG power plant, LNG terminal, and LNG storage tanks will be constructed; Source: SK Innovation
Business Developments & Projects

$2.3 billion LNG project breaks ground in Southeast Asia

SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a liquefied natural gas (LNG) project, which is anticipated to support Vietnam

about 4 months ago
Poland-bound FSRU; Source: Gaz-System
Business Developments & Projects

FSRU launch bringing Europe’s next terminal closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 4 months ago
A large vessel at sea
Business Developments & Projects

UAE and India deepen energy ties with oil, LNG, LPG and storage deals

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has struck new strategic alliances with India-based energy partners, fortifying bonds between the UAE and India through agreements across crude oil, liquefied natural gas (LNG), and liquefied petroleum gas (

about 4 months ago
Karpowership's LNGTS vessel; Source: Karpowership
Business Developments & Projects

Karpowership upping Mexico’s energy ante with LNG-to-power project

Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, is setting the stage to elevate the energy infrastructure game in Mexico’s Yucatán Peninsula with a project that will include a powership and a liquefied natural gas (LNG) terminal vessel (LNGTS).

about 4 months ago
FPU for Sakarya gas field; Source: Wison New Energies
Business Developments & Projects

Chinese firm kicks off topside fabrication for Black Sea bound-FPU

China-based provider of clean energy services Wison New Energies (WNE) has initiated the construction of topside fabrication for a floating production unit (FPU) destined to be deployed at Türkiye’s largest natural gas field.

about 4 months ago
TKF loads out final Ecowende inter-array cables with reduced environmental footprint
Business Developments & Projects

TKF loads out final Ecowende inter-array cables with reduced environmental footprint

The final batch of the inter-array cables for Ecowende’s Hollandse Kust West offshore wind farm was loaded onto Van Oord’s cable-laying vessel (CLV) Nexus in Eemshaven on May 15, according to TKF (Twentsche Kabelfabriek). Under the contract for the 760 MW offshore wind farm, TKF is responsible for t

about 4 months ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun inks deal to take its floating solar technology to Asian markets

Norway’s Ocean Sun has signed a non-binding memorandum of understanding (MoU) with ACEN-Silverwolf, a joint venture renewables platform between ACEN Renewables International (ACRI) and Silverwolf Capital, to establish a strategic framework for the deployment of its floating solar technology in Asian

about 4 months ago
Troll A platform in North Sea; Credit: Jan Arne Wold and Elisabeth Sahl/Equinor
Business Developments & Projects

More Norwegian gas fuelling Germany’s energy security with Equinor-Eneco deal

Norway’s state-owned energy giant Equinor has struck a multi-year agreement with the Netherlands-based energy company Eneco for the supply of Norwegian gas to the Dutch player’s wholly owned German subsidiary, LichtBlick.

about 4 months ago
US vessel reflagging to Vanuatu before assignment in Honduras
Business Developments & Projects

US vessel reflagging to Vanuatu before assignment in Honduras

TDI-Brooks’ 2003-built multi-use oceanographic research vessel Miss Emma McCall is on its way to Honduras to complete its reflagging exercise, before being deployed for a geotechnical project in this country. The 153-meter-long vessel completed its full term ABS shipyard period and is currently en r

about 4 months ago
Rendering of an LNG plant
Business Developments & Projects

30-year gas pact puts $44 billion LNG project at go/no‑go crossroads

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has confirmed that the first segment of its liquefied natural gas (LNG) export development in Alaska is at a critical juncture, with sufficient North Slope natural gas volumes locked in for a final investment decision (FID), following its latest

about 4 months ago
Rendering of Commonwealth LNG plant
Business Developments & Projects

$13 billion US LNG project moves into execution phase with FID in the bag

America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has unveiled a final investment decision (FID) for its LNG export project under development in Louisiana, United States.

about 4 months ago