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Business & Finance

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Fossil EnergySubseaVessels & VehiclesBusiness Developments & ProjectsOutlook & StrategyProject & TendersVesselsOil & GasLiquefied Natural GasLow-Carbon TransitionAuthorities & GovernmentEnvironmentRegulation & PolicyFPSO & VesselsOffshore WindCollaborationRigsExploration & ProductionRules & RegulationTransitionMarine EnergyTidal & Wave EnergyResearch & DevelopmentCablingInterconnectorsInfrastructureVisionPipesProduction & Processing
Second recent win in APAC: DOF to deliver moorings hook-up services
Business & Finance

Second recent win in APAC: DOF to deliver moorings hook-up services

Norwegian vessel owner DOF Group has secured a new contract in the Asia Pacific region (APAC), this time for moorings hook-up services. The scope covers DOF’s full suite of in-house project management, engineering, procurement and logistics support services and will see Skandi Hercules used for rela

about 1 year ago
Design of BP's Kaskida FPU; Source: Exmar Offshore
Business & Finance

BP puts Gate Energy on commissioning duty for its deepwater FPU

BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating production unit (FPU) destined for a deepwater project in

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Business & Finance

Canada signals readiness to back LNG boom with go-ahead for $7.4 billion project

As countries around the world prepare for massive energy infrastructure build-out, Canada is laying the groundwork to strengthen its trade might and energy security by giving the green light for a liquefied natural gas (LNG) project, which is being developed on the country’s northwest coast to expor

about 1 year ago
Louisiana LNG
Business & Finance

$17.5 billion Louisiana LNG project surges ahead with new construction milestone

As America’s energy policy continues to assert dominance across the global power sector, especially in relation to the liquefied natural gas (LNG) construction boom, which is reshaping the U.S. Gulf’s energy landscape, a development in Calcasieu Parish, Louisiana, operated by Australia’s Woodside En

about 1 year ago
Intermoor and Jumbo Offshore have forged a strategic alliance to advance offshore energy projects; Courtesy of Acteon
Business & Finance

Acteon-Jumbo partnership’s end-to-end offering enriches offshore oil & gas and wind realms

A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project

about 1 year ago
Seatrium yard; Source: Seatrium
Business & Finance

Seatrium vows arbitration battle as court clears path for $126.6 million rig contract payout

A subsidiary of the Singapore-headquartered Seatrium has opted to continue its arbitration fight, following a court ruling which dismissed its appeal to halt a multimillion-dollar payment in a legal rig contract dispute. The Asian giant had previously assumed certain potential claims related to a ri

about 1 year ago
FSRU Hoegh Galleon; Source: Höegh LNG
Business & Finance

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 1 year ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business & Finance

$15.1 billion financing in the bag for first phase of Venture Global’s $28B LNG project

Standard Chartered, an international banking group, has shed light on its role in securing a multibillion-dollar financing for a liquefied natural gas (LNG) export project in Louisiana, which is the third such facility Venture Global, an American producer of LNG sourced from North American basins, h

about 1 year ago
hydrogen
Business & Finance

EU puts €20M on the table to push wave energy forward

The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology read

about 1 year ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Business & Finance

NKT named preferred bidder for UK’s subsea green electricity superhighway

Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 1 year ago
Leman Alpha complex in the North Sea
Business & Finance

Petrofac staying longer on North Sea assignment with Shell’s affiliate

UK-headquartered oilfield services provider Petrofac has secured a contract extension in the North Sea, which will enable it to keep working for a subsidiary of Shell, a compatriot energy giant.

about 1 year ago
Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028
Business & Finance

Subsea7 gets ‘major’ project to work in Saudi waters in 2027-2028

Subsea7 has secured a new project with Saudi Arabia’s energy giant Aramco under their long-term agreement (LTA), covering pipeline work and topside modification. Subsea7’s contract scope includes the engineering, procurement, construction, and installation (EPCI) of 106 kilometers of infield and exp

about 1 year ago
Rendering of the proposed Monkey Island LNG terminal
Business & Finance

$35 billion offtake deal paving the way for development of Louisiana’s proposed LNG project

Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has secured a memorandum of understanding (MoU) with an undisclosed investment-grade international oil compa

about 1 year ago
Sevan's semi-submersible FPU design; Source: Sevan Deepwater Technology (Sevan DWT)
Business & Finance

New design of semi-sub floating production unit expands Norwegian firm’s offshore energy offering

Norway’s specialized marine engineering and design house Sevan Deepwater Technology (Sevan DWT), formerly Sevan SSP, has unveiled a new concept for a semi-submersible floating production unit (FPU) designed for deployment across the offshore energy realm, including the oil and gas arena.

about 1 year ago
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