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Business & Finance

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Fossil EnergyFPSO & VesselsSubseaSurveys & InterventionsVessels & VehiclesBusiness Developments & ProjectsOutlook & StrategyProject & TendersVesselsOil & GasExploration & ProductionProduction & ProcessingInnovationTechnologyTransitionRigsAmmoniaClean FuelFunding & RegulationHydrogenRegulation & PolicyRules & RegulationGreen MarineAuthorities & GovernmentCollaborationInfrastructureVisionResearch & Development
Oceaneering vessels booked for Gulf of Mexico under four new contracts
Business & Finance

Oceaneering vessels booked for Gulf of Mexico under four new contracts

A week after it was hired to deliver an electro-hydraulic, steel tube dynamic umbilical for an energy project in the Gulf of Mexico, U.S. subsea engineering and applied technology player Oceaneering has secured multiple contracts for vessel services in the region. Oceaneering’s Offshore Projects Gro

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

Chinese energy heavyweight flips the production switch on at oil project

Chinese state-owned oil and gas giant CNOOC has put an oilfield development project in production mode in the South China Sea.

about 2 years ago
SLB OneSubsea's new contract takes it to Equinor's all-electric subsea project
Business & Finance

SLB OneSubsea’s new contract takes it to Equinor’s all-electric subsea project

SLB has secured a contract with Norwegian state-owned energy giant Equinor under which it is set to deliver the front-end engineering design (FEED) for an all-electric subsea project in Norway’s waters. As part of the agreement, SLB will deliver the FEED of a 12-well, all-electric subsea production

about 2 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business & Finance

More drilling work in Namibia: Rig’s Shell gig done but another one pops up

Northern Ocean has found a new assignment off the coast of Namibia for a semi-submersible rig, which recently finished its job with Shell.

about 2 years ago
Argus launches low-carbon ammonia benchmark to assist trading
Business & Finance

Argus launches low-carbon ammonia benchmark to assist trading

Argus has launched a Japan Korea Low-Carbon Ammonia Benchmark (JKLAB) to assist companies trading low-carbon hydrogen products distributed to markets in Northeast Asia.

about 2 years ago
Greater Laggan Area; Source: TotalEnergies
Business & Finance

British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

about 2 years ago
MOL
Business & Finance

MOL invests in all-electric seagliders

MOL Switch, a US-based corporate venture capital firm that is part of Japanese shipping company Mitsui O.S.K. Lines (MOL), has decided to invest in REGENT Craft, a US company developing all-electric seagliders.

about 2 years ago
South Pars (SP) Phase 11; Source: IOEC
Business & Finance

Russia and Iran enhance energy ties as Gazprom walks off with fresh gas supply deal

Gazprom has signed a strategic MoU on facilitating pipeline supplies of Russian natural gas to Iran with the National Iranian Gas Company.

about 2 years ago
Aberdeen-based energy services firm buys local subsea engineering company
Business & Finance

Aberdeen-based energy services firm buys local subsea engineering company

Aberdeen-based energy services company THREE60 Energy has acquired a local subsea engineering company with the aim of enhancing its capabilities. With the acquisition of Samphire Subsea, THREE60 said it expects to further enhance its lifecycle solutions offering by adding subsea engineering, operati

about 2 years ago
Oooguruk development, which represented the third offshore production facility to be constructed in the Alaskan Beaufort Sea, is partially protected from wave and ice attack by virtue of its location
Business & Finance

US firm snatches up Eni’s two shallow water oil fields off Alaska’s North Slope coast

Eni has clinched a deal with the U.S.-based Hilcorp to sell two oil assets off the coast of Alaska, as part of its efforts to rebalance its upstream portfolio and divest non-strategic assets.

about 2 years ago
Höegh Autoliners
Business & Finance

Höegh Autoliners secures 5-year deal for US to Middle East trade

Norwegian RoRo transportation services provider Höegh Autoliners has signed a five-year contract with an unnamed ‘major’ international car producer for the transport of cars from the US and Mexico to the Middle East.

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business & Finance

Fresh oil & gas find emerges as latest contender for tie-back to North Sea platform

Vår Energi has made a new commercial oil and gas discovery in the North Sea, which contains estimated gross recoverable resources of 18-39 mmboe.

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Business & Finance

Turning Guyana block’s oil promise into reality: Two players proclaim potential commercial interest

CGX Energy and Frontera Energy are seeking to undertake additional action to tap into and unleash the hydrocarbon resources on the Corentyne block offshore Guyana.

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

TotalEnergies moves in on offshore block in São Tomé and Príncipe

TotalEnergies has set the ball rolling to take charge of an offshore exploration license off the coast of São Tomé and Príncipe.

about 2 years ago
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