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Business & Finance

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US underwater robots to undergo lake testing before returning offshore
Business & Finance

US underwater robots to undergo lake testing before returning offshore

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics is planning to carry out testing of two of its Aquanaut autonomous underwater vehicles (AUVs) at the Advanced Ocean Systems (AOS) lake facility in Florida throughout the fall and winter months. The first robot w

about 11 months ago
Alaska LNG
Business & Finance

$44 billion Alaska LNG project scores new offtake deal with Japanese player

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has boosted the commercial momentum of its Alaskan liquefied natural gas (LNG) export development through a deal with Japan’s energy utilities giant Tokyo Gas, representing the fifth agreement in seven months, totaling more than half of the proj

about 11 months ago
Hild jack-up rig; Source: Keppel
Business & Finance

Borr pulls the plug on two Mexican rig jobs as sanctions shake offshore drilling sphere

As global and geopolitical sanctions continue to gain momentum, Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has dropped two long-term rig assignments off the coast of Mexico.

about 11 months ago
Man pointing at offshore platform
Business & Finance

TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

about 11 months ago
New gas discovery for Energean off Israel
Business & Finance

Rig on the move: Stena drillship sailing from US Gulf to Las Palmas ahead of Egyptian gig

A 2012-built drillship, owned by Scotland-headquartered offshore drilling contractor Stena Drilling, has finished its drilling campaign in the U.S. Gulf and is on its way to Las Palmas before going to Egypt to undertake its next hydrocarbon exploration assignment.

about 11 months ago
Marine work underway in September 2025; Source: Woodfibre LNG
Business & Finance

Canada’s $5.1 billion LNG project continues to take shape (Gallery)

Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

about 11 months ago
Rendering of possible configuration of the IQuay Regas Terminal; Source: ECOnnect Energy
Business & Finance

Floating regas solution gains ground: ECOnnect scores double pre-FEED win on LNG import projects

Norway’s technology company ECOnnect Energy has picked up two preliminary front-end engineering design (pre-FEED) deals for its modular regasification (regas) solution, said to be designed for faster delivery and be more cost-efficient than traditional floating storage and regasification units (FSRU

about 11 months ago
Texas pipe producer wins contract for Mexico’s first deepwater oil development
Business & Finance

Texas pipe producer wins contract for Mexico’s first deepwater oil development

Texas-headquartered manufacturer of pipes and related services Tenaris has secured a contract for the delivery of casing and tubing for what will be Mexico’s first deepwater oil development. Tenaris’ scope includes the supply of 12,000 tons of casing and tubing, including 1,600 tons in the Super 13

about 11 months ago
Courtesy of Helge Aase Nesvåg/CHC Helikopter Service
Business & Finance

Equinor charts flight path for oil & gas assets with CHC and Lufttransport as $430M chopper deal takes off

With offshore safety high up on its radar, Norway’s state-owned energy giant Equinor has hired CHC Helikopter Service and Lufttransport RW for the multi-year provision of helicopter services at multiple oil and gas projects on the Norwegian Continental Shelf (NCS).

about 11 months ago
FPSO Jotun; Source: Vår Energi
Business & Finance

Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

about 11 months ago
Italian shipbuilding major unveils its first underwater drone system
Business & Finance

Italian shipbuilding major unveils its first underwater drone system

Italian shipbuilding group Fincantieri has launched its first underwater drone system for the protection of critical underwater infrastructure in both civil needs and defense and security applications. The DEEP platform consists of a network of underwater sensors for early warning, a command and con

about 11 months ago
Centrica to buy LNG from Delfin Midstream
Business & Finance

U.S. LNG export project nears FID: Samsung Heavy Industries in charge of first FLNG with two more on the menu

Delfin Midstream has entrusted South Korea’s Samsung Heavy Industries (SHI) with the work on the first floating LNG (FLNG) unit for its American LNG project, which is under development in Louisiana, United States.

about 11 months ago
Illustration; Source: Petrobras
Business & Finance

Petrobras expands Brazilian oil & gas offshore acreage with two blocks

Petrobras has enlarged its oil and gas footprint in Brazilian waters with two blocks, secured in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP) conducted by the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

about 11 months ago
LLOG's FPU Salamanca; Source: Tampnet
Business & Finance

Tampnet powers LLOG’s deepwater oil project in US Gulf with digital infrastructure

Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has been tasked with the provision of high-capacity digital infrastructure for a deepwater project in the Gulf of America (Gulf of Mexico) that uses a refurbished floating production unit (FPU).

about 11 months ago
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