Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Business & Finance

Loading filters...
Fossil EnergyLow-Carbon TransitionOil & GasBusiness Developments & ProjectsCollaborationInnovationSafetyTechnologyTransitionGreen MarineLiquefied Natural GasProject & TendersSubseaSurveys & InterventionsVessels & VehiclesEquipmentOutlook & StrategyAuthorities & GovernmentEnvironmentExploration & ProductionRegulation & PolicyFPSO & VesselsCablingInfrastructureMarket OutlooksVisionCarbon Capture Usage & StorageVesselsInterconnectorsDecommissioningHeavy lifting
Illustration; Source: Shell
Business & Finance

Shell shakes hands with Shape Digital, MODEC, and Unicamp to boost offshore unit safety

Shell Brasil, a subsidiary of the UK-headquartered energy giant Shell, has joined forces with MODEC Brasil, an affiliate of Japan’s MODEC, Shape Digital, which is MODEC’s digital services spin-off, and Unicamp, to employ artificial intelligence to improve the safety performance of offshore units.

about 1 year ago
Klaipėda terminal; Source: KN Energies
Business & Finance

Solar power coming to curb European terminal’s emissions

  • 1
  • …
  • 173
  • 174
  • 175
  • …
  • 9791

KN Energies (KN), formerly Klaipedos Nafta, has taken steps to secure a contractor to equip its liquid energy products terminal with a solar power plant to unlock greenhouse gas (GHG) emissions cuts.

about 1 year ago
Tekmar
Business & Finance

Tekmar’s $1.6 million contracts in Middle East to keep it busy until end of October

UK-headquartered Tekmar Group has secured two offshore grouting contracts in Qatar with a total value of approximately $1.6 million, supporting subsea infrastructure inspection, maintenance and repair (IMR) campaigns. The contracts, awarded by two existing customers, cover the provision of pipeline

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

TotalEnergies and Shell’s offshore drilling plans at risk as court throws a spanner in the works

As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decisi

about 1 year ago
FPSO Marlin Natuna; Source: Medco Energi
Business & Finance

New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels

PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.

about 1 year ago
Illustration; Source: Bumi Armada
Business & Finance

Bumi Armada-MISC merger falls through

Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought.

about 1 year ago
Chinese subsea cable maker to establish manufacturing facility in Saudi Arabia
Business & Finance

Chinese subsea cable maker to establish manufacturing facility in Saudi Arabia

To accelerate growth in the Middle East and enhance local industrial capabilities as part of its global strategy, China’s ZTT Submarine Cable & System is planning to set up a manufacturing facility in Saudi Arabia. By establishing manufacturing operations in Saudi Arabia, ZTT said it aims to directl

about 1 year ago
Illustration of ZEUS project; Source: MISC
Business & Finance

ZEUS on the move: Wheels up to turn stranded gas reserves into sustainable energy sources

Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, e

about 1 year ago
Thailand’s Mermaid Maritime secures $500M in Middle East project awards
Business & Finance

Thailand’s Mermaid Maritime secures $500M in Middle East project awards

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured multiple project awards in the Middle East that have a combined value of approximately $430 to $500 million. The awards cover the delivery of a comprehensive suite of services, in

about 1 year ago
Troll C platform in the North Sea; Source: Equinor
Business & Finance

Norway eyes oil & gas investments of nearly $23 billion next year

Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.

about 1 year ago
Another UK subsea green electricity superhighway to sport Hitachi Energy converter stations
Business & Finance

Another UK subsea green electricity superhighway to sport Hitachi Energy converter stations

The joint venture of National Grid Electricity Transmission and SSEN Transmission has selected Hitachi Energy as the preferred bidder to deliver high-voltage direct current (HVDC) converter stations in Scotland and England for the Eastern Green Link 3 (EGL3) project. Marked the biggest project in th

about 1 year ago
Allseas' Pioneering Spirit removes Heather Alpha topside; Source: EnQuest
Business & Finance

WATCH: Allseas vessel on decom quest carries out this year’s largest single lift in North Sea

EnQuest has tucked a new decommissioning milestone under its belt in the UK sector of the North Sea, thanks to the assistance received from a heavy lift vessel owned by Allseas, an offshore pipeline installation, heavy lift, and subsea construction contractor.

about 1 year ago
Fugro about to start surveys for second Scotland-Wales interconnector
Business & Finance

Fugro about to start surveys for second Scotland-Wales interconnector

Dutch Fugro is about to commence survey work for the Western Link 2 (WL2) interconnector that will link Scotland and Wales. Fugro is set to begin marine geophysical surveys in the nearshore area of Caernarfon Bay today, August 14, with work expected to be completed by October 12, weather dependent.

about 1 year ago
Seatrium
Business & Finance

Seatrium-Karpowership partnership giving LNG vessel trio new lease on life as FSRUs

Seatrium is forging a new partnership bond with Türkiye’s floating power plant company Karpowership, which will enable the conversion, life extension, and repairs of three liquefied natural gas (LNG) carriers (LNGCs) into floating storage regasification units (FSRUs).

about 1 year ago