Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy
More news

Your trusted source for global offshore energy news, part of the Navingo network.

Topics

Fossil Energy
Subsea
Alternative Fuels
Hydrogen
Marine Energy

Network

Offshore Energy
Offshore Wind
NavalToday
Dredging Today

Company

Advertising
Newsletter
Jobs
Report your news
Privacy

Business & Finance

Filter by region

Loading filters...

Cabling Fossil Energy Oil & Gas Pipes Production & Processing Subsea Business Developments & Projects Outlook & Strategy Project & Tenders Alternative Fuels Clean Fuel Energy Transition Green Marine Methanol Propulsion Shipbuilding Vessels Rigs Collaboration Infrastructure IT & Software Technology Exploration & Production FPSO & Vessels Hydrogen Liquefied Natural Gas LNG Low-Carbon Transition Authorities & Government Carbon Capture Usage & Storage Certification & Classification Rules & Regulation Transition Other Fuels Surveys & Interventions Vessels & Vehicles Regulations & Policy Environment Regulation & Policy

Filter by topic

Business & Finance

Four offshore EPCI projects strengthen Lamprell’s foothold in Saudi Arabia

Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of n

about 9 months ago

Damen lays keel for Herman Senior’s MPV 4916 Smokey; Source: Damen

Business & Finance

Damen starts construction of new multi-purpose vessel for Herman Senior

Damen Shipyards Group, a Dutch shipbuilding giant, has held a keel-laying ceremony for Herman Senior’s new multi-purpose vessel (MPV) at the Albwardy Damen shipyard in Sharjah, United Arab Emirates (UAE).

about 9 months ago

Business & Finance

Fresh jack-up rig assignment comes Seatrium’s way

Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has won a job with International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for another jack-up rig bound to

about 10 months ago

ASRY signs agreements with Fincantieri and Roboze

Business & Finance

Fincantieri, Roboze, and ASRY pool resources to bolster maritime scene in Arabian Gulf

Two Italian players, Fincantieri and Roboze, have joined forces with Arab Shipbuilding & Repair Yard (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to strengthen maritime capabilities in the Gulf.

about 10 months ago

Business & Finance

Funding in place for multi-well offshore drilling campaign to boost oil flow rates

Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has revealed a multimillion-dollar bond issue, which will enable it to undertake a drilling campaign off the coast of Oman to augment oil production.

about 10 months ago

Business & Finance

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 10 months ago

Business & Finance

Vessel pair destined to be part of QatarEnergy’s LNG fleet gets naming ceremony out of the way

Japan’s maritime transport player, Kawasaki Kisen Kaisha (K Line), has confirmed a naming ceremony for two liquefied natural gas (LNG) carriers at HD Hyundai Heavy Industries’ shipbuilding facility.

about 10 months ago

Business & Finance

Stage set for unified oil & gas rig moving service in Red Sea and Gulf of Suez

ABL, part of Oslo-listed global consultancy group ABL Group, has shaken hands with Egypt’s Petroleum Marine Services Co. (PMS) on the launch of a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC).

about 10 months ago

Business & Finance

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned

about 10 months ago

Business & Finance

33 jack-up rigs change hands as ADES and Shelf Drilling tie the final merger knot

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has put the finishing bow on the merger with the UAE-based Shelf Drilling, augmenting its offshore drilling fleet with 33 more jack-up rigs.

about 10 months ago

Business & Finance

$4 billion deal in hand as ADNOC scores 20-year gas supply assignment

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

about 10 months ago

Business & Finance

Keel laying for third out of 20 planned jack-ups done, with fourth rig in the pipeline

Aside from a deal to build a fourth jack-up in a series of 20 planned newbuild Saudi-operated and manufactured offshore rigs, which has been signed by International Maritime Industries (IMI) and ARO Drilling, a 50/50 joint venture between Valaris and Aramco, a keel laying ceremony has been held for

about 10 months ago

Business & Finance

Aramco splashes $30 billion on 17 more deals with US players

Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies s

about 10 months ago

Business & Finance

ADES-Shelf Drilling merger wrap-up coming before November ends

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, is days away from crossing the finish line for its merger with the UAE-based Shelf Drilling, expanding its offshore drilling fleet with the addition of 33 jack-up rigs.

about 10 months ago