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Business & Finance

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Rio Grande LNG terminal; Courtesy of NextDecade
Business & Finance

Court changes its mind: Construction of American LNG project emerging out of legal woods

Houston-headquartered energy player NextDecade Corporation has cheered the revised court judgment regarding its liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas. The decision is perceived to remove the question mark hanging over the construction of this LNG project, whic

about 1 year ago
European Commission taps Hellenic Cables for floating wind pilot project
Business & Finance

Hellenic Cables, Asso.subsea land Dunkirk cable contract in France

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Hellenic Cables, in a consortium with Asso.subsea, has been awarded a turnkey contract by the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE) for the Dunkirk offshore wind farm. Hellenic Cables will design, manufacture, and supply 32 kilometers of submarine cables f

about 1 year ago
Noble Resolute; Source: Petrogas
Business & Finance

Noble rig instrumental to Petrogas’ gas extraction ‘milestone’ in Dutch waters

Petrogas has tucked a new natural gas extraction achievement under its belt off the coast of the Netherlands, thanks to drilling operations undertaken with one of Noble Corporation’s harsh environment jack-up rigs.

about 1 year ago
Rawabi Vallianz offshore jack-up barge (JUB) 610; Source: Ocean Oilfield
Business & Finance

UAE player wraps up refurbishment and activation job for jack-up barge

Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has finished its upgrade activation assignment for a jack-up barge, awarded by Rawabi Vallianz.

about 1 year ago
Source: Nauticus Robotics
Business & Finance

Earlier than anticipated: Nauticus Robotics closes purchase of subsea robotic services provider

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has closed the acquisition of compatriot subsea robotic services provider SeaTrepid International, earlier than anticipated. Nauticus Robotics reported at the beginning of this month that it had signed a definit

about 1 year ago
CP2 LNG; Source: Venture Global
Business & Finance

US gives the go-ahead for Venture Global’s proposed $28 billion LNG export project in Louisiana

U.S. Secretary of Energy has now given its blessing for a proposed multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, operated by Venture Global, an American producer of LNG sourced from North American basins.

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

Chouest’s subsea arsenal grows as it welcomes ROV manufacturer into its fold

U.S.-headquartered Chouest Group has expanded its portfolio and subsea offering with the acquisition of Norway’s Kystdesign, a manufacturer of remotely operated vehicle (ROV) systems.

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

Baker Hughes’ tech to enhance oil & gas production across Petrobras’ deepwater fields

Baker Hughes has won a new assignment with Brazil’s state-owned energy giant Petrobras, which will enable the firm to supply fully integrated completions for the South American player’s offshore fields with solutions supporting remote operations in deepwater fields and allowing real-time response to

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

Bermuda firm and Chinese players sign on dotted line for FLNG’s $1.2 billion debt refinancing

Golar LNG has inked finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for a floating LNG (FLNG) unit, which is working for the UK-headquartered BP.

about 1 year ago
PLSV Skandi Buzios; Source: DOF
Business & Finance

Petrobras keeping 2016-built pipelay support vessel busy offshore Brazil

Brazil’s state-owned energy giant Petrobras has prolonged the assignment of a pipelay support vessel (PLSV), owned and operated by a joint venture between Norway’s DOF Group and TechnipFMC.

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Business & Finance

UK contractor chosen to oversee 1986-built FPSO’s transition as new owner takes over

Amplus Energy has picked V.Ships Offshore to handle the change in ownership for a 39-year-old FPSO.

about 1 year ago
CIP secures funding for its green hydrogen project in Western Australia
Business & Finance

CIP secures funding for its green hydrogen project in Western Australia

Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured A$814 million (approximately $515.5 million) for its Murchison Green Hydrogen project in Western Australia from the Australian Government’s Hydrogen Headstart program.

about 1 year ago
New platform that can 'identify suspicious activities' launches to safeguard on- and offshore cables
Business & Finance

New platform that can ‘identify suspicious activities’ launches to safeguard on- and offshore cables

Denmark-headquartered power cable manufacturer and installation company NKT has launched an integrated monitoring platform to safeguard offshore and onshore cables and support their continuous operation by identifying and mitigating potential threats, including fishing accidents and deliberate damag

about 1 year ago
Illustration; Source: DOF Group
Business & Finance

‘Large-scale’ multi-million subsea job taking DOF vessel sextet to Africa

DOF Group has tucked a new subsea umbilicals, risers, and flowlines (SURF) assignment under its belt, which will enable it to work on an energy project off the coast of Africa.

about 1 year ago