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Business Developments & Projects

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Dynamic positioning technology is expected to help define a global operating model for the future of DP operations for the maritime industry. Courtesy of Kongsberg Maritime
Business Developments & Projects

Seadrill, Kongsberg Maritime, and Hanwha set on ushering in next gen remote DP tech for offshore drilling

Three players – Seadrill, an offshore drilling contractor, Kongsberg Maritime (KM), a technology player, and Hanwha Drilling, a provider of offshore drilling services – have forged an alliance to develop the next generation of remote dynamic positioning (DP) technology to establish new standards for

about 7 months ago
S-92 helicopter; Source: CHC
Business Developments & Projects
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CHC Helicopter scores new gig at Equinor’s giant field offshore Brazil

CHC do Brazil, part of CHC Helicopter that serves as a provider of helicopter services to the offshore energy sector and search and rescue (SAR) operations, has landed a new assignment with Norway’s state-owned energy giant Equinor at a huge pre-salt field in the Santos Basin off the coast of Brazil

about 7 months ago
Japanese long-distance cable-laying vessel receives general design approval
Business Developments & Projects

Japanese long-distance cable-laying vessel receives general design approval

Japanese classification society ClassNK has issued its General Design Approval (GDA) for a cable-laying vessel (CLV) developed by Nippon Yusen Kabushiki Kaisha (NYK Line), verifying the vessel’s compliance with relevant rules at the detailed design level. NYK reported that it had, on February 13, co

about 7 months ago
The first LNG bunkering for a VLCC in Hong Kong took place at the South Cheung Chau Anchorage, where approximately 4,700 cubic metres of LNG was delivered to the dual-fuel VLCC, Maran Dione, in 7 hour
Business Developments & Projects

Hong Kong sees first LNG ship-to-ship bunkering for very large crude carrier

CNOOC (Shenzhen) International Marine Clean Energy, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), and CLPe, a wholly owned subsidiary of CLP Holdings, have wrapped up Hong Kong’s first liquefied natural gas (LNG) ship-to-ship bunker operation

about 7 months ago
Subsea7
Business Developments & Projects

Subsea7’s scope at Türkiye’s largest natural gas field further extended

Subsea7 has secured an extension to the contract with Turkish Petroleum Offshore Technology Center (TP-OTC) announced in August 2025 for the third development phase of Türkiye’s largest natural gas field. The variation order announced today, March 4, represents an extension to the contract announced

about 7 months ago
FPSO Triton
Business Developments & Projects

Dana Petroleum puts IKM Testing UK on FPSO shutdown duty in North Sea

IKM Testing UK, an integrated solutions provider within the IKM Group, has got hold of a new offshore assignment with Aberdeen-headquartered Dana Petroleum (E&P) for a floating production, storage, and offloading (FPSO) unit working in the UK sector of the North Sea.

about 7 months ago
SolarDuck: Advisory board to help integrate floating solar tech within CCS and offshore energy sectors
Business Developments & Projects

SolarDuck: Advisory board to help integrate floating solar tech within CCS and offshore energy sectors

Dutch-Norwegian SolarDuck has launched an advisory board to support the integration of its offshore floating solar technology within the carbon capture and storage (CCS) and wider offshore energy sectors. The board will initially consist of two members, including Neil Kavanagh, formerly Chief Scient

about 7 months ago
Illustration; Credit: Morten Berentsen/NOD
Business Developments & Projects

Cooperation, cost cuts, and new tech keys to unlock oil & gas from tight reservoirs

Given the large quantities of oil and gas in so-called tight reservoirs on the Norwegian Continental Shelf (NCS), the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has shed light on ways to speed up the oil and gas production from tight reservoirs off the coast of N

about 7 months ago
Four more UK-made ROVs to join DOF’s fleet
Business Developments & Projects

Four more UK-made ROVs to join DOF’s fleet

Norwegian vessel owner DOF Group has placed an order with the UK’s Forum Energy Technologies (FET) which covers the delivery of four new-generation work-class remotely operated vehicles (WROVs). Signed in August 2025, the contract includes the delivery of four XLX EVO III ROVs, scheduled for April,

about 7 months ago
Illustration; Source: Velesto
Business Developments & Projects

Shell tasks Velesto with deepwater ops support in Malaysia

Sabah Shell Petroleum Company (SSPC), the Malaysian business arm of the UK-headquartered energy giant Shell, has hired Velesto Workover, a subsidiary of Malaysia’s Velesto Energy, to assist during its deepwater activities off the coast of Sabah.

about 7 months ago
NKT wins its largest single project award ever with €2.2B contract for UK subsea link
Business Developments & Projects

NKT wins its largest single project award ever with €2.2B contract for UK subsea link

Danish power cable manufacturer and installation firm NKT has signed the firm contract for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, said to be the largest contract for a single cable project in company history. With a va

about 7 months ago
Seaway7 head to take over as Subsea7 CEO retires
Business Developments & Projects

Seaway7 head to take over as Subsea7 CEO retires

Subsea7’s Chief Executive Officer (CEO) John Evans will retire as of July after having been with the company for 40 years, and will be succeeded by the current Seaway7 CEO. Evans has worked for Subsea7 and its predecessor companies for 40 years, having previously been Subsea7 COO for 14 years and CE

about 7 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Business Developments & Projects

PRIO gets its hands on operating license for Brazilian subsea tie-back project

Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil.

about 7 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

Singapore firm pens multi-year LNG deal with Venture Global

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a long-term LNG agreement with Singapore-headquartered Trafigura.

about 7 months ago