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Business & Finance

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Greece-made pipes undergoing 'rigorous' testing to check suitability for CCS
Business & Finance

Greece-made pipes undergoing ‘rigorous’ testing to check suitability for CCS

Greek Corinth Pipeworks, part of Belgium’s Cenergy Holdings, has launched a “rigorous” testing program that puts its pipe materials and welds under extreme conditions to evaluate their long-term performance for carbon capture and storage (CCS) applications. The program, done in collaboration with No

about 1 year ago
Echandia
Business & Finance

US investor supports Echandia’s maritime electrification vision

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Swedish maritime battery system supplier Echandia has received long-term funding from the US-headquartered multi-stage investment firm S2G Investments (S2G), thus marking the ‘next phase’ of the former company’s vision to speed up worldwide maritime electrification efforts. The investment is set to

about 1 year ago
Support for Saipem's two flex-lay campaigns in West Africa comes from UK firm
Business & Finance

Support for Saipem’s West African flex-lay campaigns comes from UK firm

Aberdeen-headquartered Maritime Developments Limited (MDL) has supported Italian engineering, drilling, and construction services company Saipem during flex-lay campaigns in West Africa. Under its contract, MDL was in charge of providing specialist equipment and operational support to enable Saipem’

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

More LNG for Japan as Petronas and JOGMEC shake hands

Petronas has joined forces with Japan Organization for Metals and Energy Security (JOGMEC) to broaden their relationship in the liquefied natural gas (LNG) sector and bolster Japan’s energy security.

about 1 year ago
FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business & Finance

‘Significant milestone’ for BP’s mega gas project as FLNG moves to commercial ops

Golar LNG has opened the doors to a multibillion-dollar backlog, thanks to a floating LNG (FLNG) unit, which has ticked off its task list a commercial operations date (COD) at a huge gas project in African waters, operated by the UK-headquartered BP.

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

Revamped FPSO begins 20-year chapter of North Sea project’s oil story

Vår Energi has put a floating production, storage, and offloading (FPSO) vessel back into operation at an oil project in the North Sea off the coast of Norway.

about 1 year ago
OneSubsea delivers final subsea tree for 'world's largest deepwater oil & gas field'
Business & Finance

OneSubsea delivers final subsea tree for ‘world’s largest deepwater oil & gas field’

OneSubsea has delivered the 21st and final subsea tree for Petrobras’ Búzios project in Brazil, said to be the largest deepwater oil and gas field in the world, concluding a four-year journey for the project. OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, announced today, June

about 1 year ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
Business & Finance

Five-year gig at two oil & gas fields lands on Aibel’s to-do list in Norwegian waters

Vår Energi has hired Aibel to handle a maintenance and modification (M&M) assignment at two fields on the Norwegian Continental Shelf (NCS).

about 1 year ago
Symphony Wave Power partners with compatriot firm on wave energy pilot in Dutch North Sea
Business & Finance

Symphony Wave Power partners with compatriot firm on wave energy pilot in Dutch North Sea

The Netherlands-based tidal and wave energy developer Symphony Wave Power has signed a memorandum of understanding (MoU) with compatriot firm ONE-Dyas to advance testing of its wave energy technology for offshore power applications in the Dutch North Sea. With deployment targeted for 2027, the compa

about 1 year ago
Fugro wins survey contracts for RWE, TotalEnergies’ German offshore wind projects
Business & Finance

Fugro wins survey contracts for RWE, TotalEnergies’ German offshore wind projects

Dutch Fugro has been awarded contracts to conduct geophysical and geotechnical site investigations for the development of TotalEnergies and RWE’s two large-scale offshore wind farms in the German North Sea. Windbostel Ost and Windbostel West, being developed by a joint venture between RWE and TotalE

about 1 year ago
TGS completes one, begins another OBN survey in Gulf of America
Business & Finance

TGS completes one, begins another OBN survey in Gulf of America

Norway-based energy data and intelligence company TGS has completed one and started another ocean bottom node (OBN) survey in the Gulf of America, previously known as the Gulf of Mexico. TGS announced last week that it had in collaboration with Viridien started Laconia Phase III in the Gulf of Ameri

about 1 year ago
Testing entailed the bidirectional transfer of LNG from the Avenir Aspiration small LNG carrier to the FSRU Toscana, and vice versa; Source: OLT Offshore LNG Toscana
Business & Finance

Italy’s terminal embraces maritime decarbonization with small scale LNG offering

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has revealed the country’s first foray into a small scale liquefied natural gas (LNG) (SSLNG) service, achieved through a bidirectional LNG transfer at its floating stora

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business & Finance

North Sea wildcat coming up on Odfjell Drilling rig’s agenda in September

Equinor has secured a drilling permit for an exploration well in the North Sea off Norway’s coast, which will be drilled using a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
Vallourec lands 'large' Qatar deal weeks after acquiring Brazillian pipe coating firm
Business & Finance

Vallourec lands ‘large’ Qatar deal weeks after acquiring Brazillian pipe coating firm

French provider of tubular solutions Vallourec has secured a contract defined as large for the supply of oil country tubular goods (OCTG) for drilling operations in Qatar, representing over $50 million in potential revenue. According to the company, the agreement includes the supply of carbon steel

about 1 year ago