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Business & Finance

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BW Opal floating production storage and offloading unit
Business & Finance

Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alask

about 1 year ago
'Proud moment' for Reach Subsea as its USV travels to Australia
Business & Finance

‘Proud moment’ for Reach Subsea as its USV travels to Australia

Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform re

about 1 year ago
Shearwater to spend two months in Angola working for ExxonMobil
Business & Finance

Shearwater to spend two months in Angola working for ExxonMobil

Norway’s Shearwater GeoServices has secured another contract in Africa, this time for a deepwater ocean bottom node (OBN) seismic survey it will perform for ExxonMobil in Angola. The two-month project, secured with ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited, will begin during th

about 1 year ago
A large vessel at sea
Business & Finance

Efforts ongoing to unlock West of Shetland trio’s hydrocarbon arsenal

Ithaca Energy, a North Sea oil and gas operator and producer, has reported significant progress toward unlocking long-term value creation in the West of Shetland area through targeted value-led investment into three oil and gas projects being developed on the UK Continental Shelf (UKCS).

about 1 year ago
Equinor places order for all-electric subsea production system with OneSubsea
Business & Finance

Equinor places order for all-electric subsea production system with OneSubsea

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Norwegian state-owned energy company Equinor to deliver an all-electric subsea production system (SPS) for the Fram Sør field offshore Norway. The award fo

about 1 year ago
SWITCH Maritime bags $2 million for NY’s first hydrogen fuel cell-electric ferry
Business & Finance

SWITCH Maritime bags $2 million for NY’s first hydrogen fuel cell-electric ferry

The U.S. shipowner SWITCH Maritime has secured $2 million in funding to develop and demonstrate New York’s first hydrogen fuel cell-electric ferry.

about 1 year ago
AHTS Normand Turmalina; Source: Solstad Offshore
Business & Finance

$65 million for Solstad vessel duo’s prolonged stay with Brava Energia and Ocean Infinity

Solstad Offshore has secured more time for an anchor handling tug supply (AHTS) and a construction support vessel (CSV) to stay on their current assignments with Brazil’s Brava Energia and Ocean Infinity.

about 1 year ago
Naming ceremony Karpowership FSRU Karadeniz LNGT Powership Americas; Source: Seatrium
Business & Finance

Karpowership’s FSRU wraps up its naming ceremony at Seatrium’s yard

Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has held a naming ceremony for a floating storage regasification unit (FSRU).

about 1 year ago
PXGEO about to start its first-ever offshore seismic acquisition in Malaysia
Business & Finance

PXGEO about to start its first-ever offshore seismic acquisition in Malaysia

Marine geophysical service provider PXGEO has won its first contract in Malaysia, as part of which it will deliver offshore seismic data acquisition services using its seismic vessel PXGEO 2. The two-year agreement with a new client includes a minimum commitment of 365 days of acquisition activity o

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Business & Finance

More time for LNG terminal to kick off exports in Louisiana

Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has been given additional time to start liquefied natural gas (LNG) exports to non-free trade agreement (non-FTA) countries from its proposed export project on Louisiana’s Gulf Coast.

about 1 year ago
VARD takes on conversion job for 2010-built seismic vessel
Business & Finance

VARD takes on conversion job for 2010-built seismic vessel

Norway’s VARD is set to perform an extensive conversion of a seismic research vessel into a seismic source vessel for compatriot company Sanco Shipping. Following Sanco Shipping’s takeover of the PGS Apollo, now renamed Sanco Sailor, on July 31, the vessel sailed directly to Vard Langsten. VARD said

about 1 year ago
APM Terminals
Business & Finance

APM Terminals to invest $1B in India’s Andhra Pradesh ports, terminals

The Netherlands-based terminal operator APM Terminal, part of A.P. Moller – Maersk, has signed a memorandum of understanding (MoU) with India’s Government of Andhra Pradesh, through the Andhra Pradesh Maritime Board (APMB), to accelerate port and terminal development in the state.

about 1 year ago
World-first third party CO2 storage facility begins operating with first injection completed
Business & Finance

World’s first third-party CO2 storage facility begins operating as first injection takes place

Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2

about 1 year ago
COSL Innovator; Source: Serica Energy via LinkedIn
Business & Finance

Fresh oil & gas discovery springs up in North Sea

Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
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