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Business & Finance

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Catcher FPSO
Business & Finance

Serica’s North Sea expansion boost: Acquisition wrap-up ensures oil & gas portfolio growth

UK-based upstream oil and gas player Serica Energy has enhanced its long-term resource outlook by bringing to a close the acquisition of previously disclosed assets from the Netherlands-based exploration and production player ONE-Dyas.

about 4 months ago
T12 Engineering
Business & Finance

Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground

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Scotland-headquartered engineering and design company T12 Engineering has finished its assembly and shipment scope for a major gravity-based subsea structure (GBS) by transporting it to Norway, completing what the firm describes as one of the largest projects it has delivered to date.

about 4 months ago
Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis
Business & Finance

Taihan Cable signs HVDC cooperation agreements with Jan De Nul and Boskalis

South Korea’s Taihan Cable & Solution has signed memoranda of understanding (MOUs) with Belgium’s Jan De Nul and the Netherlands’ Boskalis to cooperate on high-voltage direct current (HVDC) subsea cable projects. The agreements were signed on June 10 during the Korea-EU Energy Transition Cooperation

about 4 months ago
Gasum's container vessel Coral Energy at Klaipeda LNG terminal; Courtesy of KN Enenergies
Business & Finance

Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

about 4 months ago
Energos Force; Source: DET
Business & Finance

Germany’s energy network awaits September to ignite next LNG link in FSRU chain

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which

about 4 months ago
Ammonia-powered MGC Antwerpen; Source: Exmar
Business & Finance

Historic game-changer at sea: Exmar’s first of four ammonia dual-fuel vessels delivered

Belgian shipping company Exmar has celebrated the delivery of the first in a series of four newbuild dual-fuel ammonia midsize gas carriers (MGCs), seen as a breakthrough in the green shipping quest and a landmark milestone in the firm’s attempt to future-proof its vessel fleet.

about 4 months ago
Saab Sabertooth UID testing will be conducted in Norway; Source: PXGEO
Business & Finance

PXGEO and Equinor putting drone for autonomous subsea inspection ops to the test

Marine geophysical service provider PXGEO has joined forces with Norway’s state-owned energy giant Equinor to carry out testing of the next-generation underwater intervention drone (UID) technology for offshore inspection.

about 4 months ago
Noble GreatWhite harsh environment semi-submersible rig has been renamed Noble Claus Bachmann; Courtesy of Noble
Business & Finance

Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new multi-well drilling assignment for one of its semi-submersible rigs with the UK-headquartered energy giant BP on the UK Continental Shelf (UKCS).

about 4 months ago
Illustration; Source: Viridien
Business & Finance

Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters

France-based geophysical services company Viridien, formerly known as CGG, has joined forces with Norway’s oil and gas player Aker BP to bolster hydrocarbon search by enhancing multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development on the Norwegian Contine

about 4 months ago
Ksi Lisims LNG concept; Source: Western LNG
Business & Finance

Another European deal for Canadian LNG project as talks with Uniper advance

German energy player Uniper is looking to further diversify its liquefied natural gas (LNG) supply by moving forward with negotiations to secure Canadian LNG from a multibillion-dollar project being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia.

about 4 months ago
JSD6000 vessel; Source: Saipem
Business & Finance

Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.

about 4 months ago
Seismic vessel Ramform Vanguard
Business & Finance

TGS secures new offshore wind site characterization contract in Europe

Norwegian energy data and intelligence company TGS has secured another contract for offshore wind site characterization in Europe, for which the company will deploy its seismic vessel Ramform Vanguard. Under the latest contract, announced on June 9, Ramform Vanguard will begin data acquisition work

about 4 months ago
Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda
Business & Finance

Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda

A new consortium, facilitated by the Global Maritime Forum and RMI, is set on bringing to life a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium to advance e-fuel production and transport.

about 4 months ago
Hexa-source testing using the Gemini Enhanced Frequency Source (EFS) in conjunction with Apparition simultaneous source acquisition and separation technology; Source: TGS
Business & Finance

New acquisition expands TGS’ multi-source seismic capabilities across marine surveys

Norwegian energy data and intelligence provider TGS has taken steps to bring Apparition Geoservices and its proprietary simultaneous source acquisition and separation technology into its fold to advance seismic efficiency and subsurface imaging.

about 4 months ago