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Business Developments & Projects

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TGS wins contract extensions in Norway, about to start 3D survey in Brazil
Business Developments & Projects

TGS wins contract extensions in Norway, about to start 3D survey in Brazil

Norwegian energy data and intelligence company TGS has secured an extension for its current contracts with what it says is a major international energy company, for reservoir monitoring and source services on the Norwegian Continental Shelf (NCS). The contracts cover the provision of reservoir monit

about 11 months ago
NOCC’s first LNG dual-fuel PCTC named in China
Business Developments & Projects

NOCC’s first LNG dual-fuel PCTC named in China

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Oslo-headquartered shipowner Norwegian Car Carriers (NOCC) has named its first LNG dual-fuel pure car and truck carrier (PCTC) built by CIMC Raffles shipyard in China.

about 11 months ago
Hammerfest LNG on Melkøya; Credit: Øyvind Gravås and Jonny Engelsvoll/Equinor
Business Developments & Projects

Probe into incident at Equinor’s LNG hub sheds light on root cause

While pinpointing the primary source, Norway’s state-owned energy giant Equinor has shared its findings regarding a recent investigation into an incident at its liquefied natural gas (LNG) facility on Melkøya island in Northern Norway.

about 11 months ago
Ekofisk complex; Courtesy of ConocoPhillips
Business Developments & Projects

North Sea oil & gas portfolio recalibration in progress with another asset swap deal

Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

about 11 months ago
Noble Intrepid (former Maersk Intrepid) jack-up rig; Source: Noble Corporation
Business Developments & Projects

Page ends up being blank as North Sea drilling ops yield no oil

DNO Norge, a subsidiary of Norwegian oil and gas player DNO, has not found black gold during the drilling of a well in the North Sea off the coast of Norway, which was conducted with a rig owned by Noble Corporation, a U.S.-headquartered offshore drilling giant.

about 11 months ago
Appomattox, a Shell-operated production hub in the U.S. Gulf (for illustration purposes); Source: Shell
Business Developments & Projects

$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits

about 11 months ago
Deepsea Bollsta; Source: Odfjell Drilling
Business Developments & Projects

2019-built rig changing hands thanks to $480 million sale deal

A six-year-old semi-submersible rig, managed by Odfjell Drilling and owned by Northern Ocean, is getting a new owner, as the current manager sets the stage to become the new owner of this mobile offshore drilling unit (MODU).

about 11 months ago
Nexans Electra
Business Developments & Projects

Nexans Electra makes a splash, sea trials set for spring (Gallery)

The hull of Nexans’ new cable-laying vessel (CLV) Nexans Electra has been launched from the dock hall at Ulstein Verft in Norway, marking the start of the finalizing phase of testing and tuning before delivery next year. The vessel is nearing the completion of the outfitting phase, which has include

about 11 months ago
Lukoil
Business Developments & Projects

Russian oil & gas giant set on preventing ops disruption during divestment talks

Moscow-headquartered energy giant PJSC Lukoil is doing its utmost to ensure all operations at its assets are functioning properly during the sale discussions, shortly after receiving a bid from Switzerland’s Gunvor Group for its international portfolio of assets.

about 11 months ago
Deepsea Aberdeen rig; Source: Odfjell Drilling
Business Developments & Projects

New gig keeping Odfjell Drilling’s 2014-built rig busy up to Q2 2029

Odfjell Drilling, a 52-year-old offshore drilling player, has landed a new assignment for one of its semi-submersible rigs, which will enable the unit to be booked until the second quarter of 2029.

about 11 months ago
Safe Caledonia; Credit: Prosafe
Business Developments & Projects

Prosafe vessel staying longer with Ithaca in UK

Ithaca Energy (UK) Limited has extended the stay of an accommodation, safety, and support vessel (ASV) from Prosafe’s fleet at a field it operates in the UK North Sea.

about 11 months ago
Source: Seaturns
Business Developments & Projects

Seaturns moves forward in wave energy trials

France’s wave energy developer Seaturns has started phase II of its full-scale trials in the Gironde estuary, Région Nouvelle-Aquitaine. The site was chosen for its technical and maritime conditions, which the company said are “ideal for validating our demonstrator.” According to Seaturns, Région No

about 11 months ago
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TAP Air Portugal – Connecting the world’s maritime industry
Business Developments & Projects

TAP Air Portugal – Connecting the world’s maritime industry

With 80 years of history, TAP Air Portugal is proud to be the leading airline connecting Europe, Africa, and the Americas. Operating more than 1,200 weekly flights to 90 destinations across 30 countries, TAP plays a vital role in linking key global trade and energy hubs. Recognising the specific ne

about 11 months ago
Normand Ocean
Business Developments & Projects

Solstad vessel to keep sailing with DeepOcean in 2027, instead of work with Prysmian

A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill

about 11 months ago