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Business & Finance

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Subsea pre-commissioning contract comes along to EnerMech offshore Australia
Business & Finance

Subsea pre-commissioning contract in Australia comes along to EnerMech

Aberdeen-headquartered integrated solutions specialist EnerMech has secured a contract it describes as major for the delivery of pre-commissioning and specialist services for an offshore gas development in Australia. The scope of work includes the provision of riser and umbilical services for the se

about 1 year ago
SSV Catarina rig; Source: Ventura Offshore
Business & Finance

Eni prolongs Ventura Offshore rig’s drilling gig in Asia

A semi-submersible rig from Ventura Offshore Midco, a subsidiary of the Brazilian deepwater offshore drilling contractor Ventura Offshore, is staying longer off the coast of Indonesia with Eni Indonesia, a subsidiary of Italy’s energy giant Eni.

about 1 year ago
Man pointing at offshore platform
Business & Finance

New partner joins TotalEnergies’ CO2 storage project off Denmark

The Danish subsidiary of France’s energy giant TotalEnergies has signed a farm-down agreement with CarbonVault, an affiliate of the German cement producer SCHWENK, for a carbon capture and storage (CCS) project in the Danish sector of the North Sea.

about 1 year ago
Allseas and DOF win contracts for pipeline renewal in Singapore
Business & Finance

Allseas and DOF win contracts for pipeline renewal in Singapore

Singapore-headquartered Aster, a provider of energy, chemical, and infrastructure solutions in Southeast Asia, has awarded contracts to Allseas and DOF Group, as well as other partners, for engineering and rejuvenation of direct tanker-to-refinery crude oil transfer infrastructure. Aster is investin

about 1 year ago
Transocean Norge; Source: Transocean
Business & Finance

Harbour Energy obtains go-ahead for North Sea drilling ops with Transocean rig

Harbour Energy has secured a permit to spud a wildcat well in the Norwegian sector of the North Sea, which will be done with a semi-submersible rig owned by Transocean.

about 1 year ago
Deepwater Atlas drillship; Source: Transocean
Business & Finance

BP, Petrobras keeping Transocean rig duo busy in US Gulf and Brazil

Two drillships, which are part of a rig fleet owned by Switzerland-based offshore drilling contractor Transocean, are staying in the Gulf of America (Gulf of Mexico) and Brazil, thanks to multimillion-dollar contract options, which the UK-headquartered BP and Brazil’s Petrobras decided to take advan

about 1 year ago
Port Arthur LNG Phase 2; Source: Sempra
Business & Finance

Baker Hughes’ equipment helping write US Gulf Coast LNG project’s next chapter

Baker Hughes, a U.S.-headquartered energy technology player, has sealed a deal to provide liquefaction equipment for the second phase of a liquefied natural gas (LNG) export terminal under development in Texas, United States.

about 1 year ago
Illustration; Source: PetroReconcavo
Business & Finance

Brazil’s PetroReconcavo seals midstream deal with compatriot firm

Brazilian oil and gas company Petroreconcavo has completed the purchase of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte from 3R Potiguar, a subsidiary of compatriot player Brava Energia.

about 1 year ago
Aerial view of the LNG Canada facility in Kitimat, British Columbia, Canada
Business & Finance

Petronas-MidOcean partnership bets on Canada’s LNG potential

Keeping opportunities in Canada’s liquefied natural gas (LNG) sector at the forefront, Malaysia’s state-owned energy giant Petronas has sealed a long-term alliance with MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 1 year ago
Prysmian’s Monna Lisa to connect Italy and Tunisia
Business & Finance

Prysmian’s Monna Lisa to connect Italy and Tunisia

Italy’s transmission system operator (TSO) Terna and Tunisian counterpart STEG have selected Italian cabling giant Prysmian for the construction of a submarine power interconnection between the two countries. The Elmed project will be the first direct current connection between Europe and Africa and

about 1 year ago
Illustration; Source: Shell
Business & Finance

Shell flows first gas from North Sea field

Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

about 1 year ago
Windward Offshore takes delivery of its first green methanol-ready CSOV
Business & Finance

Windward Offshore takes delivery of its first green methanol-ready CSOV

Vard has delivered the first commissioning service operation vessel (CSOV) to Windward Offshore, Windward Athens, which marks the German company’s entry into the offshore wind operations & maintenance (O&M) market. Windward Offshore has three more CSOVs under construction at Vard. Built by Vard in N

about 1 year ago
Illustration; Source: Conrad Asia Energy
Business & Finance

Divestment timeline for Asian firm’s gas field stake gets bumped to year-end

Coro Duyung, a subsidiary of Coro Energy in Southeast Asia, has revised the end date for the disposal of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to pivot to its renewable energy portfolio once this sale closes its fossil fuels era.

about 1 year ago
South Korean subsea cable factory breaks ground
Business & Finance

South Korean subsea cable factory breaks ground

South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located at

about 1 year ago
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