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Business & Finance

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Celsius Copenhagen (for illustration purposes only); Source: Celsius
Business & Finance

GTT lands tank design gigs for LNG carrier and FSRU

GTT has been hired to design tanks for a liquefied natural gas (LNG) carrier and for a floating storage and regasification unit (FSRU).

about 2 years ago
Illustration; Source: ADNOC Drilling
Business & Finance

AI-enhanced newbuild rig trio enlarging UAE giant’s drilling fleet thanks to $733 million oil field gig

ADNOC Drilling has tucked a new multimillion-dollar assignment under its belt with ADNOC Offshore for drilling work at a huge oil field.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business & Finance

Green shift in 2024: Fossil fuels to top $1 trillion but lion’s share of energy investment going to clean power

Clean energy technologies and infrastructure are poised to hit $2 trillion in 2024, which is double the amount going to coal, oil, and gas.

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

TotalEnergies chasing business growth through energy transition pursuits with hybrid supercomputer

TotalEnergies has launched a new generation of its supercomputer to help propel its energy transition agenda forward.

about 2 years ago
NKT's cable-layer undergoes upgrades due to growing market demand
Business & Finance

NKT’s cable-layer undergoes upgrades due to growing market demand

Following certification to use biofuels for the vessel, Denmark-based power cable manufacturer and installation company NKT has made a number of upgrades on its cable-laying vessel (CLV) NKT Victoria, said to be prompted by growing market demand and customer requirements. With the aim of boosting it

about 2 years ago
Underwater pipeline that will end gas isolation of two Danish islands gets approval
Business & Finance

Underwater pipeline that will end gas isolation of two Danish islands gets approval

The Danish Energy Agency has given its permission for a natural gas pipeline that will connect two islands with the rest of the Danish gas network to be put into operation. Danish network owners Energinet and Evida want to establish an approximately 115-kilometer-long gas pipeline from Everdrup on Z

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

Norwegian firm all set to deploy Odfjell Drilling rig for hydrocarbon exploration in North Sea

Aker BP has received the all-clear from Norway’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for operations in the North Sea.

about 2 years ago
Noble Venturer drillship; Source: Trident Energy
Business & Finance

UK firm’s drilling ops to resume shortly as Noble drillship comes to African port

With Noble Corporation’s drillship now offshore Equatorial Guinea, Trident Energy is gearing up to restart its infill drilling campaign on Block G.

about 2 years ago
SLB tapped to unlock 'large potential' of TotalEnergies' Angolan deepwater project
Business & Finance

SLB hired to unlock ‘large potential’ of TotalEnergies’ Angolan deepwater project

Shortly after establishing a ten-year partnership to co-develop scalable digital solutions aimed at enhancing access to energy resources, TotalEnergies awarded SLB with a contract for a 13-well subsea production scope for a deepwater project offshore Angola. SLB’s OneSubsea joint venture, also backe

about 2 years ago
Hanwha Ocean shipyard; Source: TMC Compressors
Business & Finance

Another Asian shipbuilder orders TMC compressors for its LNG carriers

TMC has been hired by Hanwha Ocean to supply marine compressed air systems for 3 LNG carriers the latter is building for an Asian shipowner.

about 2 years ago
Heidelberg platform; Source: Oxy
Business & Finance

First oil gushes out of Gulf of Mexico project

Beacon Offshore has brought online a two-well oil project in the U.S. Gulf of Mexico, which has been tied back to Oxy’s spar platform.

about 2 years ago
LNG
Business & Finance

New orders and charter deal bring three LNG bunker vessels to Vitol

Vitol International Shipping secured three LNG bunkering vessels via a charter agreement with Avenir LNG and an order at CIMC SOE shipyard.

about 2 years ago
Illustration; Source: Glenfarne Group
Business & Finance

Texas LNG’s offtake capacity nearing fully booked stage following latest deal

Texas LNG has inked a non-binding heads of agreement (HOA) for a long-term LNG free-on-board (FOB) sale and purchase agreement (SPA).

about 2 years ago
DeepOcean Nordseecluster A
Business & Finance

DeepOcean secures inter-array cable contract for RWE’s offshore wind project

Ocean services provider DeepOcean has been awarded a contract for RWE’s Nordseecluster A offshore wind project in Germany, covering trenching, transport, and installation of inter-array cables. RWE has recently made the final investment decision for its entire Nordseecluster, involving offshore wind

about 2 years ago
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