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Business & Finance

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Energos Force; Source: DET
Business & Finance

Germany’s energy network awaits September to ignite next LNG link in FSRU chain

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which

about 3 months ago
Ammonia-powered MGC Antwerpen; Source: Exmar
Business & Finance

Historic game-changer at sea: Exmar’s first of four ammonia dual-fuel vessels delivered

Belgian shipping company Exmar has celebrated the delivery of the first in a series of four newbuild dual-fuel ammonia midsize gas carriers (MGCs), seen as a breakthrough in the green shipping quest and a landmark milestone in the firm’s attempt to future-proof its vessel fleet.

about 3 months ago
Saab Sabertooth UID testing will be conducted in Norway; Source: PXGEO
Business & Finance

PXGEO and Equinor putting drone for autonomous subsea inspection ops to the test

Marine geophysical service provider PXGEO has joined forces with Norway’s state-owned energy giant Equinor to carry out testing of the next-generation underwater intervention drone (UID) technology for offshore inspection.

about 3 months ago
Illustration; Source: Petrobras
Business & Finance

Petrobras coming aboard Equinor’s exploration block in Brazilian waters

Brazilian state-owned energy giant Petrobras has decided to join Equinor Brasil Energia, a subsidiary of Norway’s state-owned energy giant Equinor, in an offshore block located in the Campos Basin off the coast of Brazil.

about 3 months ago
Jangkrik-01; Source: Eni
Business & Finance

Eni, Petronas give birth to Southeast Asia’s energy player with $20 billion five-year investment plan

Searah, a new 50/50 independent joint venture between Eni and Petronas combining key businesses across Indonesia and Malaysia, has been created as Southeast Asia’s new independent integrated energy company, with a portfolio of 19 gas-producing and development assets.

about 3 months ago
Noble GreatWhite harsh environment semi-submersible rig has been renamed Noble Claus Bachmann; Courtesy of Noble
Business & Finance

Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new multi-well drilling assignment for one of its semi-submersible rigs with the UK-headquartered energy giant BP on the UK Continental Shelf (UKCS).

about 3 months ago
Illustration; Source: Viridien
Business & Finance

Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters

France-based geophysical services company Viridien, formerly known as CGG, has joined forces with Norway’s oil and gas player Aker BP to bolster hydrocarbon search by enhancing multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development on the Norwegian Contine

about 3 months ago
FPSO Baobab Ivoirien; Source: MODEC
Business & Finance

African oil field turns production switch back on after FPSO refurbishment

Houston-based energy player Vaalco Energy has brought back online a field off the coast of Côte d’Ivoire, following an overhaul to extend the lifespan of a floating production, storage, and offloading (FPSO) vessel deployed at the African asset.

about 3 months ago
Ksi Lisims LNG concept; Source: Western LNG
Business & Finance

Another European deal for Canadian LNG project as talks with Uniper advance

German energy player Uniper is looking to further diversify its liquefied natural gas (LNG) supply by moving forward with negotiations to secure Canadian LNG from a multibillion-dollar project being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia.

about 3 months ago
JSD6000 vessel; Source: Saipem
Business & Finance

Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.

about 3 months ago
Seismic vessel Ramform Vanguard
Business & Finance

TGS secures new offshore wind site characterization contract in Europe

Norwegian energy data and intelligence company TGS has secured another contract for offshore wind site characterization in Europe, for which the company will deploy its seismic vessel Ramform Vanguard. Under the latest contract, announced on June 9, Ramform Vanguard will begin data acquisition work

about 3 months ago
Eni
Business & Finance

New country entry for Eni in West Africa with offshore block award

Italy’s energy giant Eni has expanded its African oil and gas portfolio with a new block off the coast of The Gambia.

about 3 months ago
Thunder Horse; Source: BP
Business & Finance

BP tasks OneSubsea with subsea boosting at deepwater project in US Gulf

UK-headquartered energy giant BP has hired OneSubsea, a joint venture between SLB (formerly Schlumberger), Aker Solutions, and Subsea7, on a subsea boosting quest at its deepwater development in the Gulf of America (U.S. Gulf of Mexico).

about 3 months ago
FLNG Coral Norte; Source: Technip Energies
Business & Finance

Technip Energies’ assignment on Eni’s African FLNG bringing in above €1 billion

French-based engineering player Technip Energies has shed light on the revenue value for its scope of work on a second floating liquefied natural gas (FLNG) facility on an LNG project in Mozambique, operated by Mozambique Rovuma Venture (MRV), an Eni-led joint venture (JV).

about 3 months ago
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