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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Floater deal comes Soiltech’s way

Norway-based cleantech service provider Soiltech has landed a new floater deal on the Norwegian Continental Shelf (NCS).

about 9 months ago

Noble Resolute; Source: Noble Corporation

Business Developments & Projects

Noble entrusts Norwegian player with job on 2009-built rig

Noble Corporation, a U.S.-based offshore drilling giant, has assigned a task for its 16-year-old jack-up rig to Norway-based cleantech service provider Soiltech.

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about 10 months ago

Business Developments & Projects

Nexans sets world record by installing power cable 2,150 meters under water

France-headquartered cable systems designer and manufacturer Nexans has set a new world record in the subsea cable industry by installing a 500 kV HVDC power cable at a depth of 2,150 meters. Nexans reported it had achieved this milestone on the Tyrrhenian Link, described as one of Italy’s most sign

about 10 months ago

Business Developments & Projects

DOF’s RSV to kick off $150M contract with Petrobras in January 2027

Norway’s DOF Group has signed a four-year contract with Brazilian oil & gas giant Petrobras for a remotely operated vehicle support vessel (RSV), an announcement that comes after six four-year RSV contract awards as part of the same competitive tender process. The contract for the 2007-built Skandi

about 10 months ago

Deep Value Driller drillship; Source: Deep Value Driller

Business Developments & Projects

Saipem keeping seventh-gen drillship longer in its rig fleet

Italy’s engineering, drilling, and construction services giant Saipem has prolonged the stay of a chartered seventh-generation drillship in its rig fleet.

about 10 months ago

Large-scale LNG plant within Sakhalin II project; Source: Gazprom

Business Developments & Projects

$11 billion investment agenda on Gazprom’s 2026 horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 tr

about 10 months ago

Business Developments & Projects

Ireland-Wales interconnector officially marked as priority energy infrastructure project

MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been included in the EU’s second list of Projects of Common/Mutual Interest (PCI/PMI), confirming its status as a priority energy infrastructure project. According to developer MaresConnect Limited, owned by Fore

about 10 months ago

Business Developments & Projects

BOTAŞ and Woodside seal multi-year LNG deal

Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has signed off on a long-term liquefied natural gas (LNG) agreement with Australia’s energy giant Woodside, which is expected to further diversify the energy mix and strengthen the security of supply for Türkiye.

about 10 months ago

Business Developments & Projects

Fugro’s Blue Essence USV performs its first remote survey offshore Germany

The Blue Essence uncrewed surface vessel (USV) owned by the Netherlands-headquartered Fugro has completed its first remote survey in German waters. The 12-meter-long USV delivered the work in collaboration with TenneT Germany. The J-Tube inspection was controlled entirely from Fugro’s onshore remote

about 10 months ago

Business Developments & Projects

UK-Slovenian partnership targets seabed data

UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin

about 10 months ago

Business Developments & Projects

Drilling ops with Saipem rig cleared for take-off in North Sea

Norwegian authorities have given their blessing for exploration drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NOC), with a semi-submersible rig owned by Saipem, an Italian engineering, drilling, and construction

about 10 months ago

Business Developments & Projects

Oil & gas trio books Eidesvik’s 2013-built LNG-powered vessel

Norwegian offshore vessel owner Eidesvik Offshore has secured more work for one of its platform supply vessels (PSVs).

about 10 months ago

Business Developments & Projects

Dutch shipyard to build 24-meter autonomous wind-powered vessel

Clippership, a U.S.-headquartered company developing autonomous wind-powered ships, has signed a construction contract for its first 24-meter class zero emission autonomous wind-powered cargo vessel with Dutch shipyard KM Yachtbuilders. The vessel features twin, foldable rigid wings for primary wind

about 10 months ago

Business Developments & Projects

Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore

about 10 months ago