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Business Developments & Projects

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Fugro secures offshore wind work in Brazil with Petrobras
Business Developments & Projects

Fugro secures offshore wind work in Brazil with Petrobras

Petrobras has awarded a contract to Fugro for a geotechnical site investigation for the Brazilian oil major’s first offshore wind project, a pilot proposed to be built off the coast of the state of Rio de Janeiro. According to Fugro, the 18 MW Rio de Janeiro offshore wind pilot project is the first

about 6 months ago
An offshore platform with two vessels approaching
Business Developments & Projects

Trillion Energy’s stake in giant Black Sea gas field up for sale

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Canada’s oil and gas player Trillion Energy is on the lookout for a buyer of its interest in a gas field in the Black Sea off the coast of Türkiye.

about 6 months ago
Solstad vessel nets contract extension before upcoming long-term deployment
Business Developments & Projects

Solstad vessel nets contract extension before upcoming long-term deployment

Norway’s Solstad Maritime has won a contract extension for its 2007-built construction support vessel (CSV) Normand Energy with an undisclosed client. The extension period of eight months begins as of today, April 1, and ends on November 30, in direct continuation of the current contract, with furth

about 6 months ago
FSRU Excelerate Acadia; Source: Excelerate Energy
Business Developments & Projects

South Korean shipyard holds naming ceremony for US player’s new FSRU

Excelerate Energy, a U.S.-based liquefied natural gas (LNG) and power infrastructure company headquartered in Texas, has named its newbuild floating storage regasification unit (FSRU) at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.

about 6 months ago
Golden Pass LNG
Business Developments & Projects

$10 billion US LNG project comes online in Texas: One train down, two more left on McDermott and Chiyoda’s list

The main engineering, procurement, and construction (EPC) contractors for a liquefied natural gas (LNG) project in the United States, U.S.-headquartered McDermott (MDR) and Chiyoda International Corporation (CIC), have finished work on the first train and have two more on their agenda for this LNG e

about 6 months ago
Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline
Business Developments & Projects

Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline

LNG Canada, a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS, has awarded engineering company Técnicas Reunidas with a contract for front-end engineering design (FEED) services for Phase 2 of Coastal GasLink, located in British Columbia, on Canada’s west coast,

about 6 months ago
Norwegian shipowner finalizes sale of 2016-built PSV
Business Developments & Projects

Norwegian shipowner finalizes sale of 2016-built PSV

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has completed the sale of its 2016-built platform supply vessel (PSV), announced earlier this month. GEOS announced on March 12 that its subsidiary Energy Passion AS had signed a binding sales agreement for the PSV Energy Pas

about 6 months ago
Lithuanian port home to first joint bio-LNG bunkering in Europe
Business Developments & Projects

Lithuanian port home to first joint bio-LNG bunkering in Europe

Low-carbon fuel solutions provider Anew Climate and Avenir, a provider of LNG and bio-LNG for the maritime sector, have performed Europe’s first joint liquefied biomethane (bio-LNG) bunkering operation. During the operation performed at the LNG terminal in the Port of Klaipėda, Lithuania, operated b

about 6 months ago
BW Energy inks sale and leaseback deal for jack-up drilling rig
Business Developments & Projects

BW Energy inks sale and leaseback deal for jack-up drilling rig

Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja

about 6 months ago
Malta opens call to probe renewable energy import from North Africa
Business Developments & Projects

Malta opens call to probe renewable energy import from North Africa

Malta’s fully government-owned company Interconnect Malta (ICM) has launched a preliminary market consultation (PMC) to gather information from the market on the feasibility of large-scale importing of renewable energy from North Africa to Malta via a cable link. The PMC is seen as a formal, non-bin

about 6 months ago
CCUS
Business Developments & Projects

Chiyoda, NYK and KNCC jointly pursuing global carbon capture and storage projects

Japanese engineering company Chiyoda Corporation, compatriot shipping major Nippon Yusen Kabushiki Kaisha (NYK Line), and its Norway-headquartered affiliate Knutsen NYK Carbon Carriers (KNCC) have signed a memorandum of understanding (MOU) to collaborate on carbon capture and storage (CCS) projects

about 6 months ago
Seabed preparation starts ahead of construction of new Dutch offshore wind farm
Business Developments & Projects

Seabed preparation starts ahead of construction of new Dutch offshore wind farm

The first preparations ahead of offshore construction work at the OranjeWind project site in the Netherlands have begun, as Jan De Nul has started the filter layer installation campaign. In the coming weeks, the rock installation vessel Simon Stevin will install the first layer of erosion protection

about 6 months ago
Vietnamese player’s ‘super rig’ ready for drilling
Business Developments & Projects

Vietnamese player’s ‘super rig’ ready for drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes

about 6 months ago
Man pointing at offshore platform
Business Developments & Projects

TotalEnergies’ upstream merger with NEO NEXT crosses finish line

The merger between TotalEnergies’ UK North Sea upstream oil & gas business and NEO NEXT has been completed, resulting in what the French energy giant says is the largest independent oil & gas producer in the UK. To remind, the partners signed an agreement in December 2025 under which TotalEnergies w

about 6 months ago