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Business & Finance

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Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source
Business & Finance

Viridien company backs OBN survey in Gulf of Mexico with its new marine seismic source

France-based Sercel, a designer and manufacturer of high-tech solutions for subsurface exploration and part of Viridien, has secured a contract with a marine geophysical company to deploy its new marine seismic source in the Gulf of Mexico. Sercel will deploy its Tuned Pulse Source (TPS) and related

about 1 year ago
Al Jurf and Dana jack-up rigs; Source: ADNOC Drilling
Business & Finance

ADNOC Drilling enriches its jack-up fleet with two high-spec rigs

ADNOC Drilling has disclosed the arrival of two premium offshore jack-up drilling rigs in the Middle Eastern country’s waters.

about 1 year ago
A large vessel being tugged by a smaller one
Business & Finance

Plaquemines plant’s first LNG shipment on its way to Germany

U.S. liquefied natural gas (LNG) export project developer Venture Global has sent off the first cargo from its export facility in Plaquemines Parish, Louisiana.

about 1 year ago
Illustration; Source: ADNOC Drilling
Business & Finance

‘New benchmark’ for triad’s drilling JV with delivery of first wells under 20 days

Three players, two incorporated in the United States (U.S.) and one in the Middle East, recently set up a new joint venture, named Turnwell, which has ticked off its list the first batch of wells in its initial 144-well program under 20 days.

about 1 year ago
Atlantic Star rig; Source: Constellation
Business & Finance

Petrobras opts to keep Constellation rig busy for 301 more days

Brazilian drilling contractor Constellation Oil Services has secured further work off the coast of Brazil for its semi-submersible rig with the state-owned energy giant Petrobras. Petrobras has handed out a contract extension to Constellation for the Atlantic Star rig, which enables the semi-submers

about 1 year ago
Photo: San Miguel Global Power
Business & Finance

Green light for trio’s ‘critical’ $3.3 billion LNG acquisition

The Philippine Competition Commission (PCC) has given its blessing to three players for the joint acquisition of power facilities and a liquefied natural gas (LNG) terminal in Batangas City, Philippines.

about 1 year ago
Noble Sam Croft drillship; Source: Noble
Business & Finance

Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana

As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned by Noble Corporation and Stena Drilling.

about 1 year ago
Noble Globetrotter I drillship; Source: Noble
Business & Finance

Noble drillship set to embark on Gulf of Mexico drilling job next month

U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships.

about 1 year ago
DP World
Business & Finance

‘First-ever’ blue bond in MENA region sees light of day

Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milestone’. According to DP World, the blue bond will aim to fund environmentally friendly projects across marine transportation, port infrastructure, ma

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business & Finance

Saipem rig gearing up to spud Aker BP’s wildcat pair

Aker BP has received the Norwegian authorities’ blessing to drill two exploration wells in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
MSC
Business & Finance

MSC orders additional 10 LNG dual-fuel boxships

Switzerland-based MSC Mediterranean Shipping Company, the world’s largest container shipping company, has ordered ten additional liquefied natural gas (LNG) dual-fuel vessels in China.

about 1 year ago
Swan LNG's greenfield LNG port project, located off the Jafrabad coast in Amreli, Gujarat, is envisioned to utilize an FSRU; Source: Swan Energy
Business & Finance

Singapore arm of Florida’s Nebula shakes hands with Swan Energy on LNG JV and infrastructure in India

Nebula Energy has revealed that its majority-owned AG&P LNG is continuing its gas expansion quest by striking a new deal to create a joint venture company in India with a local player in the liquefied natural gas (LNG) arena.

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

Saipem makes a comeback on Brazil’s oil & gas stage

Saipem has returned to the Brazilian oil and gas scene following a two-year ban from engaging in contracting activity with the country’s public administration.

about 1 year ago
Finland-Estonia interconnector down again due to damage, foreign ship's role under investigation
Business & Finance

Finland-Estonia interconnector down again due to damage, foreign ship’s role under investigation

The Finnish authorities are investigating the sudden power outage at the Estlink 2 interconnector between Finland and Estonia that occurred yesterday, December 25, the country’s Prime Minister Petteri Orpo said. Finland’s transmission system operator (TSO) Fingrid reported to the authorities the pos

about 1 year ago
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