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Business & Finance

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Fossil EnergyFPSO & VesselsOil & GasBusiness Developments & ProjectsExploration & ProductionProject & TendersClean FuelIT & SoftwareOutlook & StrategyTechnologyCablingInterconnectorsSubseaAuthorities & GovernmentEnvironmentRegulation & PolicyTransitionLiquefied Natural GasMarine EnergyCollaborationResearch & DevelopmentLow-Carbon TransitionInnovationPipesRules & RegulationRigsOperations & MaintenanceSurveys & InterventionsCarbon Capture Usage & StorageInfrastructureVision
Trion development concept; Source: Woodside
Business & Finance

SBM Offshore to build FSO for Woodside’s $7.2 billion Gulf of Mexico oil project

SBM Offshore has been put in charge of constructing an FSO unit destined to work at a deepwater oil project located 30 km south of the Mexico-U.S. maritime border.

about 2 years ago
JERA invests in CO2 emissions visualization cloud service provider
Business & Finance

JERA invests in CO2 emissions visualization cloud service provider

Japan’s major JERA, through JERA Ventures, has invested in Asuene, a compatriot company that provides cloud service for visualizing, reducing and reporting CO2 emissions.

about 2 years ago
Electrical interconnection (illustration); Source: IPTO
Business & Finance

Tender for submarine power cables moves to next stage with $1.89 billion earmarked for Aegean Islands interconnectors

Greece’s TSO IPTO has decided to move to the next phase after receiving three applications for participation in its tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

about 2 years ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Business & Finance

ADNOC and Japanese firm shake hands on offtake deal, leaving 30% of Ruwais LNG production capacity up for grabs

ADNOC has signed a long-term heads of agreement (HOA) with Japan’s Osaka Gas for LNG supply mainly originating from its Ruwais LNG project.

about 2 years ago
Image of Ocean Power Technologies PowerBuoy and WAM-V during sea trials.
Business & Finance

New agreement extends OPT’s reach in Latin America

U.S.-headquartered Ocean Power Technologies (OPT) has signed a reseller agreement with Geos Telecom, a maritime communication and navigation solutions provider in Costa Rica.

about 2 years ago
Tyrrhenian Link-related plan repositioning operations; Source: Terna
Business & Finance

Experimental project underway in preparation for Italy’s subsea power cable connection

Terna has embarked on the experimental transplanting of a native aquatic plant from the Mediterranean Sea, as part of the environmental offsets associated with the construction of a 970 km, 1,000 MW direct current (DC) double submarine cable link between Campania, Sicily, and Sardinia.

about 2 years ago
SARB field; Courtesy of ADNOC
Business & Finance

AI-enabled digital ops step up offshore field’s oil production game by one-fourth of its previous level

ADNOC has harnessed the power of advanced digital solutions to raise the production bar at one of its oil fields off the coast of Abu Dhabi, UEA.

about 2 years ago
Subsea pipeline; Source: Saipem
Business & Finance

Saipem racks up another ‘major’ subsea milestone – this time in pipeline tech

Saipem has expanded the subsea pipeline offering by revamping an existing technology, created by the U.S.-based United Pipeline Systems (UPS).

about 2 years ago
Rendering of Texas LNG project; Source: Texas LNG, a subsidiary of Glenfarne Energy Transition
Business & Finance

Battle to (un)leash US gas prompts legal storm: Two major American LNG projects hit a snag as court scraps permits

An ongoing fight to pull the plug on two liquefied natural gas (LNG) export projects at the Port of Brownsville, Texas seems to have yielded a partial win for climate activists, as a U.S. court has axed the previous authorizations and passed the baton back to the Federal Energy Regulatory Commission

11 minutes read
B152 rig; Source: Ocean Oilfield
Business & Finance

UAE firm’s jack-up rig all done with refurbishment and five-year periodic survey

Ocean Oilfield Integrated Solutions has wrapped up the quinquennial special periodic survey (SPS) and refurbishment work on one of its rigs at Khalifa Port, KEZAD, Abu Dhabi.

about 2 years ago
ECA LNG Phase 1; Source: Sempra
Business & Finance

Sempra hits 85% construction mark at natural gas liquefaction project in Mexico drawing closer to first LNG

Sempra Infrastructure has made inroads in the construction of an LNG project located north of Ensenada in Baja California, Mexico.

about 2 years ago
Japanese government-owned firm joins in on two CO2 acreages off Australia
Business & Finance

Japanese government-owned firm joins in on two CO2 acreages off Australia

Australian specialist carbon capture and storage (CCS) developers deepC Store and Azuli (Australia), a wholly-owned subsidiary of UK’s Azuli International, have secured two greenhouse gas assessment (GHG) acreages in the Bonaparte and Browse Basins off Australia. The partners also entered into a joi

about 2 years ago
Illustration; Source: CNOOC
Business & Finance

New ultra-deepwater ultra-shallow field rounds off South China Sea’s trillion-cubic-meter gas region

CNOOC has secured approval of the proved gas in-place of over 100 billion cubic meters at a field in the South China Sea.

about 2 years ago
Image: Illustration; Source: Stantec
Business & Finance

As Canada’s LNG pipeline project changes hands, US and local firms entrusted with upcoming work

NW Infrastructure Limited Partnership, a joint venture between Canada’s Nisga’a Nation and Western LNG, has signed a purchase and sale agreement (PSA) to acquire a proposed gas transmission project in northern British Columbia, Canada from its previous owner, compatriot oil and gas player TC Energy.

about 2 years ago
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