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Business Developments & Projects

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The signing ceremony was held in Cape Town with Aleks Armstrong, Vice President (VP) of Subsurface at Navitas Petroleum, Dr. Bongani Sayidini, Chief Executive Officer (CEO) of Petroleum Agency SA (PAS
Business Developments & Projects

Navitas forges ahead in South Africa as it wraps up offshore acquisition

Israel’s Navitas Petroleum has brought into its fold a stake in a block off the coast of South Africa through a deal with Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin.

10 days ago
South Korean players embark on small-scale LNG commercialization mission
Business Developments & Projects
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South Korean players embark on small-scale LNG commercialization mission

Two South Korean companies, GasEntec and Samsung Heavy Industries (SHI), are pooling resources to commercialize small-scale liquefied natural gas (LNG) technology.

10 days ago
CETO technology
Business Developments & Projects

CETO wave energy unit’s foundation ready for deployment at BiMEP

Carnegie Clean Energy has completed the foundation structures of the scaled CETO wave energy unit in preparation for deployment at Biscay Marine Energy Platform (BiMEP) as part of the ACHIEVE Programme. CETO is a fully submerged, point absorber-type wave energy technology device. A submerged buoy si

10 days ago
Illustration; Source: PTTEP
Business Developments & Projects

Southeast Asian offshore project crosses FID threshold in fast-track move to first gas

PTTEP Energy Development Company, a subsidiary of PTT Exploration and Production Public Company (PTTEP), and Canada-headquartered Valeura Energy have taken a final investment decision (FID) to move forward with an initial gas development at an offshore natural gas field in Block G3/65 located in the

10 days ago
Strohm’s pilot ultra-deepwater TCP flowline to hit the water off Brazil in early 2027
Business Developments & Projects

Strohm’s pilot ultra-deepwater TCP flowline to hit the water off Brazil in early 2027

Dutch thermoplastic composite pipe (TCP) manufacturer Strohm has, in a joint industry program (JIP) with Petrobras and Shell, completed a qualification and field trial program for its ultra-deepwater TCP flowline technology. The completion of the full-scale qualification and offshore field trial rep

10 days ago
TotalEnergies' CEO visit Suriname to go over GranMorgu's progress; Source: Staatsolie
Business Developments & Projects

TotalEnergies, Staatsolie and APA advancing $12.2B oil project ahead of 2027 drilling ops

As large-scale production components stack up at the Kuldipsingh Port Facility (KPF), representatives of France’s energy giant TotalEnergies and Surinamese officials have met to discuss the progress on a multibillion-dollar deepwater oil project in Block 58 off the coast of Suriname, confirming that

11 days ago
ONGC strikes new gas discovery; Source: ONGC
Business Developments & Projects

New gas discovery springs up from India’s frontier deepwater basin

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has found a new natural gas discovery in the deep waters of Mahanadi Basin off the country’s east coast.

11 days ago
Legal showdown underway as Cotemar moves to freeze almost $60M in American Bureau of Shipping subsidiary’s assets
Business Developments & Projects

Legal showdown underway as Cotemar moves to freeze almost $60M in American Bureau of Shipping subsidiary’s assets

The long-running financial standoff between Mexico’s offshore specialist Cotemar and ABSG Consulting, a subsidiary of American Bureau of Shipping (ABS), has intensified, with the former now turning to the New York State Supreme Court to restrict the U.S. government contractor’s access to nearly $60

11 days ago
Jan De Nul orders another newbuild trenching support vessel
Business Developments & Projects

Jan De Nul orders another newbuild trenching support vessel

Jan De Nul is further expanding its fleet with the order of a new trenching support vessel, which will be an exact copy of its Isambard Kingdom Brunel, announced in March. With this latest order, Jan De Nul has five vessels under construction for subsea cable installation and protection, including t

11 days ago
After Equinor, Njord Survey inks three-year agreement with RWE
Business Developments & Projects

After Equinor, Njord Survey inks three-year agreement with RWE

RWE has awarded Swedish offshore survey company Njord Survey a three-year framework agreement for surveys using remotely operated vehicles (ROVs) across its offshore wind farms in the UK and European waters. “We are incredibly proud to secure this long-term agreement with RWE, one of the world’s lea

11 days ago
Orlen and Naftogaz have further strengthen their strategic cooperation with two deals; Source: Orlen
Business Developments & Projects

Orlen and Naftogaz deepen energy ties with two MoUs

Ukraine’s state-owned energy company Naftogaz Group and Poland’s Orlen have strengthened cooperation in liquefied natural gas (LNG) and petroleum product supplies, diversification of supply routes, and further stabilization of energy supplies to boost energy resilience in Ukraine and Central and Eas

11 days ago
Statfjord B; Credit: Equinor
Business Developments & Projects

Flylogix expands low-emission methane playbook with cross-border North Sea oil platform drone flight

Low-emission uncrewed aviation specialist Flylogix has crossed an international maritime boundary to survey an oil platform for methane emissions, marking the UK’s first civilian cross-border offshore drone operation.

11 days ago
WIND acquires stake in UK firm to strengthen cable lifecycle expertise
Business Developments & Projects

WIND acquires stake in UK firm to strengthen cable lifecycle expertise

WIND, a Dutch subsea cable logistics, cable recovery, and related services company, has acquired a stake in a UK-based firm providing cable testing and termination, fault-finding and repair, among other things, for the offshore wind, power and wider energy sectors. WIND reported earlier this month t

11 days ago
Port Arthur LNG Phase 2; Source: Sempra
Business Developments & Projects

Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State

Brazil’s state-owned energy giant Petrobras has struck a two-decade-long deal with Sempra Infrastructure, a subsidiary of Sempra, for the supply of liquefied natural gas (LNG) from a U.S. project under development in Jefferson County, Texas.

14 days ago