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Business & Finance

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Noble Regina Allen jack-up rig; Credit: Mammoet/Damen
Business & Finance

Chevron gearing up for drilling ops with Noble rig offshore Suriname

Chevron Suriname Exploration, a subsidiary of U.S.-based energy giant Chevron, is preparing to embark on drilling activities off the coast of Suriname with a rig owned by Noble Corporation, an American offshore drilling giant.

about 1 year ago
Deepsea Stavanger semi-submersible rig; Source: Africa Energy
Business & Finance

Domino effect of recent permit reversal: Uncertainty envelops another African block’s development

After the Western Cape High Court’s decision to ax environmental authorization for oil and gas offshore drilling activities planned in Block 5/6/7, Canada-headquartered oil and gas exploration company Africa Energy has embarked on talks to find out what is required for an environmental and social im

about 1 year ago
Multiple Solstad anchor handlers and one CSV secure contracts totaling 700 days
Business & Finance

Multiple Solstad anchor handlers, one CSV secure contracts totaling 700 days

Norway’s Solstad Maritime has secured new contracts for several anchor handling tug supply vessels (AHTS) and a construction support vessel (CSV) that combined have a firm duration of approximately 700 vessel days. The AHTS Normand Saracen and Normand Scorpion have been awarded contracts with an und

about 1 year ago
Port Arthur LNG construction site
Business & Finance

Bechtel takes a deep dive into tragic incident with three fatalities at US LNG project

Bechtel Energy, an American engineering, procurement, construction, and project management player, has shed light on a fatal incident in which three workers lost their lives and two were injured while working on a liquefied natural gas (LNG) export terminal under development in the Lone Star State,

about 1 year ago
Harmony platform; Source: Sable Offshore
Business & Finance

Texas-based oil & gas firm demands $347M in damages from Golden State over pipeline halt

As a pipeline shutdown saga continues in California, Sable Offshore, a Texas-headquartered oil and gas company, is looking to get hundreds of millions in damages as part of the escalation of its dispute with the California Coastal Commission.

about 1 year ago
TDI-Brooks to mobilize vessel this quarter for survey offshore Jamaica
Business & Finance

TDI-Brooks to mobilize vessel this quarter for survey offshore Jamaica

Ireland-headquartered oil & gas company United Oil & Gas has signed a non-binding Memorandum of Understanding (MoU) with U.S.-headquartered TDI-Brooks International to secure a specialist survey vessel for a planned survey program offshore Jamaica. TDI Brooks‘ survey vessel Gyre will perform a pisto

about 1 year ago
ETAP facility in the North Sea; Source: BP
Business & Finance

BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

about 1 year ago
Map of blocks offshore Uruguay
Business & Finance

Consolidation continues across oil & gas realm as Sintana makes a play for Challenger

Canada-headquartered oil and natural gas exploration player Sintana Energy has put the wheels in motion to spread its wings to Uruguay’s oil and gas arena by bringing into its fold Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company.

about 1 year ago
Bruno Chabas, Senior Independent Director; Source: Yinson Production
Business & Finance

Former SBM Offshore CEO joins Yinson Production board

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has appointed a former Chief Executive Officer (CEO) of the Netherlands-headquartered SBM Offshore to its board of directors to reinforce its growth strategy.

about 1 year ago
Deepsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

about 1 year ago
Fincantieri subsidiary to equip Jan De Nul's new vessel with advanced rock placement system
Business & Finance

Fincantieri subsidiary to equip Jan De Nul’s new vessel with advanced rock placement system

Remazel Engineering, a company of Italian shipbuilding group Fincantieri, has secured a contract for the delivery of a high-capacity rock placement system for Jan De Nul’s recently ordered subsea rock installation vessel (SRIV). Jan De Nul reported some ten days ago that it had ordered the new SRIV,

about 1 year ago
FPSO Jotun; Source: Vår Energi
Business & Finance

Green light for Vår Energi to spud North Sea exploration well

Vår Energi, Norway’s oil and gas player, has obtained the Norwegian authorities’ blessing for drilling activities in the North Sea off the coast of Norway.

about 1 year ago
Texan firm’s equipment to help tie in additional wells at US field
Business & Finance

Texan firm’s equipment to help tie in additional wells at US field

Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has secured a contract to deliver subsea distribution equipment for a project in the Gulf of America (the U.S. Gulf of Mexico), operated by an “international operator”. Under the contract defined as significant, KOIL

about 1 year ago
Snam plans to convert Oristano LNG coastal storage facility into FSRU; Source: Higas
Business & Finance

Snam eyes Higas acquisition and FSRU conversion in LNG expansion move

Italy’s energy infrastructure operator Snam has made a play for Higas, a company that owns a liquefied natural gas (LNG) coastal storage facility in Oristano, Sardinia.

about 1 year ago
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