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Business & Finance

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WATCH: NKT Eleonora parts to come together in Tulcea
Business & Finance

WATCH: NKT Eleonora parts to come together in Tulcea

The aftship of NKT’s new cable-laying vessel (CLV) NKT Eleonora has arrived at another Vard shipyard in Romania to be connected to the foreship and superstructure. To remind, NKT Eleonora entered the water for the first time in mid-October following the launch of its aftship at VARD’s shipyard in Br

about 11 months ago
COSL Prospector rig; Source: Canarship
Business & Finance

Equinor gearing up to spud Barents Sea wildcat with COSL rig

Norway’s state-owned energy giant Equinor has obtained the all-clear from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 11 months ago
Rio Grande LNG terminal; Courtesy of NextDecade
Business & Finance

Another task at $31.8 billion US LNG project lands on Baker Hughes’ plate

U.S.-headquartered energy technology giant Baker Hughes has more work to grind through at a liquefied natural gas (LNG) export project in Texas, as it has been hired to provide the primary liquefaction equipment for another segment of this multibillion-dollar undertaking in the United States.

about 11 months ago
Nigeria LNG; Source: Oil and Gas Free Zones Authority (OGFZA)
Business & Finance

Shell turns to Halliburton for integrated drilling and completion work offshore Nigeria

U.S.-headquartered oilfield services player Halliburton has landed a new assignment off the coast of Nigeria with Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of the UK-headquartered Shell, in collaboration with its joint venture partner, Sunlink Energies.

about 11 months ago
US firm wraps up 180-day survey campaign offshore Mozambique
Business & Finance

US firm wraps up 180-day survey campaign offshore Mozambique

Florida-headquartered marine environmental consulting firm CSA Ocean Sciences (CSA) has performed an environmental baseline survey (EBS) off the coast of Mozambique for what it says is a major oil & gas company. CSA’s project scope included water column profiling, environmental sampling, seafloor im

about 11 months ago
Hebron platform; Source: ExxonMobil
Business & Finance

ExxonMobil entrusts multimillion-dollar gig off Canada to Aker Solutions

Norway-based energy services provider Aker Solutions has won a multi-year brownfield services assignment with ExxonMobil Canada, a subsidiary of the U.S.-headquartered energy giant ExxonMobil.

about 11 months ago
West Vela seventh-generation ultra-deepwater dual activity drillship; Source: Seadrill
Business & Finance

Appraisal of black gold discovery coming up next year in Gulf of America

Houston-based energy player Talos Energy is setting the stage to undertake appraisal activities in 2026 at its recent oil discovery in the Gulf of America (U.S. Gulf of Mexico), which was drilled with a drillship owned by Seadrill, an offshore drilling contractor.

about 11 months ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business & Finance

‘Major’ North Sea operator renews Vallourec’s contract

French provider of tubular solutions Vallourec has secured the renewal of a multi-year contract with an undisclosed operator in the North Sea for the supply of oil country tubular good (OCTG) products, accessories, and integrated services. Vallourec said it was in charge of providing logistics, main

about 11 months ago
Deepsea Yantai; Source: Odfjell Drilling
Business & Finance

Norwegian duo’s asset exchange paving the way for North Sea oil & gas discovery’s development

An oil and gas discovery in the North Sea, which is expected to reap the benefits of a decision by two Norwegian oil and gas players, Aker BP and DNO, to swap assets, is now poised to witness an acceleration of its development off the coast of Norway.

about 11 months ago
Rendering of Argentina LNG project; Source: YPF
Business & Finance

ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American co

about 11 months ago
Sval Energi closes Equinor and Suncor deals worth $1.3 bln
Business & Finance

Equinor keeps Aker Solutions busy on inspection missions across over 15 oil & gas assets

Norwegian state-owned energy giant Equinor is retaining Aker Solutions as its inspection services provider across more than 15 onshore and offshore facilities in Norway, thanks to a multi-year contract extension.

about 11 months ago
Chinese shipyard starts building Asso.subsea’s new cable-laying vessel
Business & Finance

Chinese shipyard starts building Asso.subsea’s new cable-laying vessel

The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, November 5, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The firs

about 11 months ago
Map of blocks 9 and 10 offshore Suriname; Source: QatarEnergy
Business & Finance

Petronas, QatarEnergy, Chevron and Staatsolie enlarge oil & gas portfolio with two blocks off Suriname

Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), Malaysia’s energy titan Petronas, U.S.-based oil major Chevron, and Qatar’s state-owned oil & gas giant QatarEnergy have signed up for two blocks off the coast of Suriname that were secured as part of a consortium d

about 11 months ago
Survey to begin on damaged section of almost 40-year-old interconnector
Business & Finance

Survey to begin on damaged section of almost 40-year-old interconnector

The UK National Grid is about to begin a marine survey of a damaged section of an interconnector between France and the UK that has been operating since 1986. The survey of the IFA 2000 submarine cable is scheduled to begin today, November 5, approximately 3 nautical miles offshore Folkestone, Kent,

about 11 months ago
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