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Business & Finance

McDermott scoops up multimillion-dollar job at TotalEnergies’ LNG project

McDermott’s CB&I has landed a new assignment in the Middle East with TotalEnergies, which will enable it to work at a solar-powered LNG project in Oman.

about 2 years ago

West Neptune drillship; Source: Seadrill

Business & Finance

Seadrill finds more work for two drillships in Asia and US

Seadrill has won a new assignment and secured an extension of an existing one for two drillships in its rig fleet.

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about 2 years ago

Business & Finance

First oil gushes out of $1.2 billion project in North Sea

ConocoPhillips has brought on stream an oil project, which has been tied to one of the fields in the Greater Ekofisk Area in the North Sea.

about 2 years ago

Business & Finance

QatarEnergy and Nakilat shake hands on deal for 9 largest LNG vessels ever built

QatarEnergy has entered into a long-term agreement with Nakilat for the charter and operation of nine ultra-modern QC-Max size LNG vessels.

about 2 years ago

Business & Finance

Germany and UAE bolster natural gas ties as ADNOC strikes third 15-year deal for giant LNG project

Germany’s EnBW has sealed its first liquefied natural gas (LNG) deal in the Middle East by inking a long-term contract with the UAE’s ADNOC.

about 2 years ago

Illustration; Source: Offshore Energies UK (OEUK)

Business & Finance

New oil & gas license awards seen as boon to energy security and business confidence across UK’s offshore energy arena

Offshore Energies UK (OEUK) is convinced that the 31 new oil and gas licenses will boost energy security across offshore energy sectors.

about 2 years ago

Business & Finance

Petrobras gives $1.8 billion worth of contracts for six Sapura vessels

Malaysia’s Sapura Energy has secured $1.8 billion worth of contracts with Brazilian state-owned oil and gas giant Petrobras for six multi-purpose pipe-laying support vessels (PLSVs). Sapura Energy’s joint venture entities Seabras Sapura Holding and Seabras Sapura Participacoes have been awarded the

about 2 years ago

Business & Finance

Petrobras cheers 41% cut in operational GHG emissions since 2015

Petrobras has tucked a new greenhouse gas (GHG) emission reduction milestone under its belt with a 41% drop in operational GHG emissions.

about 2 years ago

Boskalis expands range of 2023-commissioned vessel with new fallpipe (Gallery)

Business & Finance

Boskalis expands range of 2023-commissioned vessel with new fallpipe (Photos)

Dutch offshore services provider Boskalis has outfitted its new subsea rock installation vessel with a new inclined fallpipe with the aim of expanding its range. Following its first rock installation project in Australia earlier this year, the Seapiper subsea rock installation vessel was outfitted w

about 2 years ago

Business & Finance

James Fisher and Sons bags its first tidal energy project

James Fisher and Sons has secured what it says is its first tidal energy project as part of which it will manage high-voltage equipment and cables at Menter Môn’s Morlais tidal energy substations in the UK. James Fisher and Sons will manage, repair and maintain high-voltage equipment and cables at t

about 2 years ago

Business & Finance

Everfuel secures green hydrogen supply deal with German industrial offtaker

Everfuel signed a letter of intent (LoI) with a German industrial offtaker for the supply of up to 10,000 tons of green hydrogen annually.

about 2 years ago

Vard hires TMC Compressors yet again for Prysmian's cable-layer

Business & Finance

TMC Compressors to deliver equipment for another newbuild Prysmian cable-layer

Norway’s shipbuilder VARD has contracted compatriot TMC Compressors to supply a complete marine compressed air system for a cable-laying vessel (CLV) that it is constructing for Italian cabling giant Prysmian. Under the contract whose value has not been disclosed, TMC will deliver a marine compresse

about 2 years ago

Flex Constellation LNG carrier; Source: Flex LNG

Business & Finance

New vessel assignment with Asian player enables Flex LNG to score its fourth deal in 2024

Bermuda-headquartered Flex LNG has found work with an undisclosed company in Asia for another one of its LNG carriers.

about 2 years ago

Business & Finance

Another industry first for ExxonMobil’s second FPSO in Guyana as ABS bestows new notation upon it

An FPSO, which is working on ExxonMobil’s first oil development project offshore Guyana, has tucked one more industry first under its belt.

about 2 years ago