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Business & Finance

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Alternative FuelsClean FuelGreen MarineOther FuelsPorts & InfrastructureBusiness Developments & ProjectsCollaborationInfrastructureOutlook & StrategyPorts & LogisticsFossil EnergyFPSO & VesselsOil & GasProject & TendersVesselsFloating SolarMarine EnergySubseaSurveys & InterventionsLiquefied Natural GasRigsExploration & ProductionAuthorities & GovernmentRegulation & PolicySeismicTidal & Wave Energy
SCZONE-Belgium cooperation talks include green fuel projects
Business & Finance

SCZONE-Belgium cooperation talks include green fuel projects

François Cornet d’Elzius, Ambassador of Belgium to Cairo, and Waleid Gamal El Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) have met to discuss new aspects of cooperation, including green fuel projects. On February 7, SCZONE said it received d’Elzius within the fra

about 2 years ago
AH Skandi Skansen; Source: DOF Group
Business & Finance

Altera picks DOF for FPSO and FSO installation campaign at Eni’s African oil & gas project

Altera Infrastructure has hired DOF Group to install a cylindrical FPSO vessel and a floating storage unit (FSO) offshore Côte d’Ivoire.

about 2 years ago
FILE PHOTO: A man walks past the Larsen and Toubro (L&T) head office in Mumbai, India, September 2, 2021.
Business & Finance

Larsen & Toubro to deliver floating solar project in India

India-based firm Larsen & Toubro has secured an order to build a 75 MW floating solar park project on the Panchet Dam in Jharkhand, India. The floating solar project on the Panchet Dam is a part of the Ultra Mega Renewable Energy Power Bank (UMREPP) being developed on Damodar Valley corporation rese

about 2 years ago
Site survey on schedule at gas field off Timor-Leste
Business & Finance

Site survey on schedule at gas field off Timor-Leste

UK-based Baron Oil is set to kick off a site survey at a planned drilling location for an appraisal well on a gas field offshore Timor-Leste. SundaGas Banda Unipessoal, a wholly-owned subsidiary of Baron Oil, has entered into contracts to conduct a survey at the planned drilling location for the Chu

about 2 years ago
MidOcean Energy to acquire 20% stake in Peru LNG
Business & Finance

MidOcean Energy to acquire 20% stake in Peru LNG

MidOcean Energy, an LNG company formed and managed by investment company EIG, has entered into a definitive agreement with energy company SK Earthon to acquire SK’s 20% interest in Peru LNG (PLNG). PLNG owns and operates the first LNG export plant in South America, located in Pampa Melchorita, 170 k

about 2 years ago
Mist rig; Source: Borr Drilling
Business & Finance

Borr Drilling finds more work for three jack-up rigs

Borr Drilling has managed to extend existing and secure new assignments for three premium jack-up rigs in its fleet.

about 2 years ago
FPSO BW Opal; Source: BW Offshore
Business & Finance

‘Great’ construction progress made in bringing BW Offshore’s Australia-bound FPSO to life

BW Offshore has tucked in new construction milestones for an FPSO, which is expected to be deployed on a gas field offshore Australia.

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

Norwegian oil & gas player to spud North Sea wildcat with Odfjell Drilling-managed rig

Norwegian authorities have handed out a drilling permit for an exploration well in the North Sea off Norway, which is expected to be spud this month using one of Odfjell Drilling-managed semi-submersible rigs.

about 2 years ago
FPSO Errea Wittu concept; Source: ABB
Business & Finance

MODEC: FPSO construction underway for ExxonMobil’s fifth oil development off Guyana

MODEC has confirmed the start of the construction phase for an FPSO, which is destined to work on ExxonMobil’s oil development off Guyana.

about 2 years ago
Island Innovator rig; Source: Island Drilling
Business & Finance

Operator pulls the plug on Island Drilling rig’s campaign off Africa due to safety issues

Trident Energy has decided to brake off the deal with Island Drilling for the 2012-built semi-sub rig, citing safety concerns.

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

Stakes in Shell’s three blocks enable Petrobras’ return to African hydrocarbon exploration scene

Petrobras has come back to Africa’s oil and gas exploration playground, thanks to the acquisition of interests in three exploration blocks.

about 2 years ago
​SW Empress vessel; Source: Shearwater GeoServices
Business & Finance

Shearwater GeoServices takes on more work with ONGC to facilitate energy exploration off India

Shearwater GeoServices has been hired to conduct a 3D seismic survey assignment off the east coast of India by ONGC.

about 2 years ago
Innovate UK grants $1.9 million for wave energy project in Thailand by Eco Wave Power Global
Business & Finance

Innovate UK grants $1.9 million for wave energy project in Thailand

Swedish-Israeli wave energy developer Eco Wave Power Global (EWP) has announced winning a £1.5 million grant (almost $1.9 million) as a part of a consortium led by UK-based Toshiba and Aquatera, to design a pilot microgrid project for a remote island in Thailand. The grant is a part of round ten of

about 2 years ago
Illustration; Source: Samsung Engineering
Business & Finance

Samsung Engineering and Malaysian firm set on lending each other a helping hand in global tenders

The duo is combining forces for participation in worldwide tendering activity, which entails EPC projects in the oil and gas arena.

about 2 years ago
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