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Business & Finance

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Two offshore workers
Business & Finance

Baker Hughes helping chart a course for LNG and monetize Venezuela’s gas reserves

Baker Hughes, PDVSA, Lindsayca, and Fulcrum LNG are pooling resources to revitalize Venezuela's energy infrastructure.

6 hours ago
FPSO at sea
Business & Finance

Yinson Production and Eni amplifying African FPSO’s gas capacity

Yinson Production has locked in a $600 million backlog boost after signing a contract amendment with Eni to overhaul an FPSO offshore Ghana.

7 hours ago
Map showing FPSO development concept
Business & Finance

Sea Lion project on the hunt for new contractors amid Argentine sanction threats

Developers race to keep the Sea Lion oil project afloat after the contractor exits, pushing ahead despite mounting Argentine pressure.

8 hours ago
FSRU at sea
Business & Finance

Seatrium picks up 9th FSRU conversion job with Karpowership

Seatrium and Karpowership are pooling resources for another LNG-to-FSRU conversion project to strengthen the global floating energy infrastructure.

10 hours ago
VARD opens new office in Vietnam, plans to grow to 40+ engineers
Business & Finance

VARD opens new office in Vietnam, plans to grow to 40+ engineers

12 hours ago
FPSO at sea
Business & Finance

$860M play for offshore oil assets powers Ithaca’s entry into Canadian energy game

Ithaca Energy is breaking into the Canadian market by buying Suncor's oil assets in shallow waters off the East Coast of Newfoundland and Labrador.

13 hours ago
Illustration of LNG terminal
Business & Finance

$50 billion South Korean investment pushes stalled Alaska LNG project closer to construction

A massive $50 billion capital infusion is paving the way for the Alaska LNG export facility and pipeline to enter the construction phase.

3 days ago
Vessel at sea
Business & Finance

TGS on 3D imaging mission to unlock new insights into Malaysia's offshore discovery

TGS is in charge of 3D seismic reprocessing for Petronas’ Malaysian hydrocarbon discovery offshore Sabah, targeting reduced subsurface risk.

3 days ago
Drillship at sea
Business & Finance

Petrobras strikes another oil-bearing zone in Equatorial Margin frontier

This fresh oil discovery off Brazil’s northern coast encountered a new oil-bearing section at a well in ultra-deep waters of the Amapá state.

3 days ago
LNG terminal
Business & Finance

MidOcean gets hold of $4 billion in major capital raise to fuel global LNG push

Backed by global institutional and sovereign investors, MidOcean Energy has banked $4 billion to expand its international LNG portfolio.

3 days ago
Offshore platform at sea
Business & Finance

BP taking the wheel of Namibian license trio as farm-in deal clear final regulatory gate

Namibia approves Eco Atlantic's farm-down to BP across three offshore licenses, bringing the partial divestment to the homestretch.

3 days ago
Vessel at sea
Business & Finance

DOF gets ‘large’ booking for its vessel to undertake undisclosed subsea campaign

DOF bags a new letter of intent (LoI) for an undisclosed subsea campaign, locking in I-class vessel work for 2028.

3 days ago
Floating solar on the open water
Business & Finance

BlueNewables and Naturgy testing Spanish waters as 1MW floating solar project kicks off in Valencia

BlueNewables and Naturgy have broken ground on Spain’s first major offshore test, deploying a 1MW floating solar project off the coast of Valencia.

3 days ago
Rig at sea
Business & Finance

Borr Drilling’s rig trio lines up jobs in Africa and Europe

Three rigs from Borr Drilling's fleet have picked up new awards off the coasts of West Africa, Nigeria, and the United Kingdom (UK).

4 days ago
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