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Business & Finance

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Kingdom 2 jack-up rig; Source: Lamprell
Business & Finance

Newbuild jack-up rig leaves UAE yard and sets sail to Saudi Arabia

Lamprell has completed the construction and delivery of a second of 20 planned newbuild offshore jack-up rigs, destined to work in Saudi Arabian waters.

about 2 years ago
Deepwater Asgard drillship; Source: Transocean
Business & Finance

Transocean drillship staying on Gulf of Mexico duty with US oil & gas firm for another year

Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for a drillship employed by Hess Corporation.

about 2 years ago
Leviathan field; Source: NewMed Energy
Business & Finance

Chevron-operated Mediterranean gas field ready to get export boost show on road

Following government approval, partners in a gas field offshore Israel are expected to reach a decision on expanding its natural gas exports.

about 2 years ago
Siemens Gamesa turbine chosen for wind-wave power and hydrogen storage demo project
Business & Finance

Siemens Gamesa turbine chosen for offshore wind-wave power demo in Spain

Danish renewable energy developer Floating Power Plant has selected a Siemens Gamesa wind turbine to be deployed at its demo project off the coast of Gran Canaria that integrates floating wind, wave energy, and hydrogen production. The 4.3 MW SWT-DD-120 turbine will be installed at the Plataforma Oc

about 2 years ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Business & Finance

Canada’s $4 billion hydro-powered floating LNG project is a go

A final investment decision (FID) has been made for a floating liquefied natural gas (LNG) (FLNG) facility with a nameplate capacity of 3.3 million tonnes per annum (mtpa) on Canada’s West Coast.

about 2 years ago
Norwegian eleven-year-old vessel sports cable lay and trenching equipment (Photo)
Business & Finance

Norwegian eleven-year-old vessel sports cable lay and trenching equipment (Photo)

A multi-purpose support vessel (MPSV) owned by Olympic Subsea and on charter with DeepOcean has been equipped with cable lay and trenching equipment to be able to install and protect power cables for offshore renewables projects. The two Norwegian companies entered into a two-year time charter agree

about 2 years ago
Illustration; Source: TMC Compressors
Business & Finance

Japanese shipowner’s LNG carriers to sport Norwegian firm’s compressors

HD HHI has hired TMC Compressors to supply compressors for four LNG carriers the shipbuilder is constructing for Japan’s NYK Line.

about 2 years ago
Eagle Explorer
Business & Finance

SeaBird’s 2009-built seismic vessel gets prolonged assignment

Cyprus-headquartered seismic company SeaBird Exploration has secured a contract extension with a repeat client that will see its seismic research vessel Eagle Explorer working in the Western Hemisphere. SeaBird Exploration announced on May 21 that it had won an ocean bottom node (OBN) source contrac

about 2 years ago
Another Solstad vessel secures long-term work with Italian cabling giant
Business & Finance

Another Solstad vessel secures long-term work with Italian cabling giant

Italian cabling giant Prysmian has awarded a five-year contract to Norwegian shipping company Solstad Offshore for a subsea construction vessel (CSV) set to support the installation of power cable systems on the company’s projects. The CSV Normand Ocean will be on a firm contract with Prysmian which

about 2 years ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Business & Finance

Louisiana’s LNG export terminal changing hands but FID still on track for next year

Kimmeridge has got its hands on the biggest slice of a proposed LNG export terminal project near Cameron, Louisiana.

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

Repsol handpicks headhunter to staff its Norwegian onshore and offshore assets

AGR has won a frame agreement with Repsol Norge to recruit energy professionals for the latter’s operations in the Nordic country.

about 2 years ago
SBM Offshore's Fast4Ward MPF5 hull; Source: Shanghai Waigaoqiao Shipbuilding (SWS)
Business & Finance

With hull in dry dock, SBM Offshore marks construction milestone for Guyana-bound FPSO

Chinese shipyard Shanghai Waigaoqiao Shipbuilding has taken into its dry dock a hull built for the Netherlands-based SBM Offshore.

about 2 years ago
Deepwater Nautilus rig; Source: Transocean
Business & Finance

Transocean’s 24-year-old stacked rig going to mystery buyer next quarter

Transocean has set the wheels into motion to get rid of one of its stacked ultra-deepwater floaters to turn its attention to its core fleet assets.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business & Finance

Three oil & gas rigs say their goodbyes to Seadrill’s offshore drilling fleet

Seadrill has sold three jack-up rigs deployed in Qatar to its ex-joint venture partner, Gulf Drilling International (GDI).

about 2 years ago
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