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Business Developments & Projects

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Seri Dian and Seri Dayang LNG carriers; Source: MISC
Business Developments & Projects

LNG vessel pair enriches MISC’s fleet

Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has unveiled the naming of its two new-generation liquefied natural gas (LNG) carriers (LNGC), strengthening its partnership with SeaRiver Ma

about 5 months ago
Olympic Subsea’s methanol-ready vessel duo enters construction
Business Developments & Projects

Olympic Subsea’s methanol-ready vessel duo enters construction

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The CMHI shipyard in Shenzhen, China, has begun the construction of two methanol-ready dual-fuel multipurpose subsea vessels for Norway’s Olympic Subsea. Olympic Subsea reported that earlier in April the keel laying for the first vessel and the first steel cutting for the second vessel took place at

about 5 months ago
Local private firm to deliver SURF EPCI for Indonesian gas project
Business Developments & Projects

Local private firm to deliver SURF EPCI for Indonesian gas project

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas exploration and development company Conrad Asia Energy, has awarded Indonesian Timas Suplindo with an engineering, procurement, construction, and installation (EPCI) contract for the subsea umb

about 5 months ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

North Sea wildcat on COSL rig’s drilling agenda for June

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 5 months ago
Jangkrik-01; Source: Eni
Business Developments & Projects

Giant Southeast Asian gas discovery passes test with flying colors

Italy’s energy giant Eni has revealed the results of a drill stem test (DST) that was carried out for its recent natural gas discovery off the coast of Indonesia, which confirmed reservoir productivity, strengthening the case for a third Kutei Basin hub in the Southeast Asian country.

about 5 months ago
FSRU Excelerate Acadia; Source: Excelerate Energy
Business Developments & Projects

Excelerate Energy’s FSRU finds job at Jordan’s LNG terminal ahead of Iraq gig

Excelerate Energy, a U.S.-based liquefied natural gas (LNG) and power infrastructure company headquartered in Texas, has secured a new assignment for its newbuild floating storage regasification unit (FSRU) at an LNG terminal in Jordan.

about 5 months ago
ABS inks MOU with Seatrium
Business Developments & Projects

Seatrium and ABS join forces to advance maritime and offshore energy spheres

Intending to drive maritime and offshore energy innovation, the American Bureau of Shipping (ABS), a classification society, has forged a partnership with Seatrium Technology and Innovation, a technology subsidiary of Singapore’s offshore, marine, and energy engineering solutions specialist Seatrium

about 5 months ago
NKT’s German cable accessories site becomes its first zero-carbon factory
Business Developments & Projects

NKT’s German cable accessories site becomes its first zero-carbon factory

NKT’s medium‑voltage cable accessories site in Nordenham, Germany, has become its first zero-carbon factory as part of the Danish firm’s goal of achieving complete zero-emission operations across all sites. The factory has reached this goal by phasing out natural gas, now operating with zero carbon

about 5 months ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

Seal of approval for North Sea oil & gas exploration with COSL rig on drilling duty

Norwegian state-owned energy giant Equinor has received authorization from the country’s authorities to embark on exploration drilling activities with one of COSL Drilling Europe’s semi-submersible rigs in the North Sea off the coast of Norway.

about 5 months ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

US program selects 34 marine energy projects for technical support in record $4.8M round

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million. Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Oc

about 5 months ago
An offshore rig
Business Developments & Projects

Murphy Oil edging closer to bringing online projects in US Gulf and Vietnam

Houston-headquartered oil and gas company Murphy Oil has made progress across multiple onshore and offshore exploration and production projects, with two on track to achieve first oil this year in the Americas and Asia.

about 5 months ago
Otway Basin assets; Source: Amplitude Energy
Business Developments & Projects

Australian offshore production license paving the way for first gas in 2028

Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has obtained a production license, which entails an undeveloped gas discovery in the Otway Basin off the coast of Victoria, Australia.

about 5 months ago
Kommandor Susan
Business Developments & Projects

Substitute engine parts cause of fire on board UK survey vessel, report says

The diesel generator engine failure that sparked an engine room fire and total power blackout on board the UK-flagged site investigation vessel Kommandor Susan in January 2025 was caused by substitute engine components installed during a 2019 overhaul, the investigation report issued by the UK gover

about 5 months ago
Delfin LNG; Source: Delfin Midstream
Business Developments & Projects

20-year offtake deal in the US LNG deepwater port project’s bag

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has sealed a new multi-year LNG supply agreement with Gunvor International B.V. Amsterdam, Geneva Branch (Gunvor).

about 5 months ago