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Business & Finance

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ETAP facility in the North Sea; Source: BP
Business & Finance

BP tasks Baker Hughes with production enhancement across UK North Sea assets

UK-headquartered energy giant BP has hired U.S.-headquartered energy technology giant Baker Hughes to support new well development and production optimization across its North Sea operations on the UK Continental Shelf (UKCS).

about 1 month ago
Isabella LNG carrier, owned by Maran Gas, completed its first LNG loading at Cheniere’s Sabine Pass facility in Louisiana. The vessel is one of several contracted by Equinor to transport LNG under the
Business & Finance
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First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030.

about 1 month ago
WATCH: 24-meter USV performs first fully remote project
Business & Finance

WATCH: 24-meter USV performs first fully remote project

The 24-meter-long unmanned surface vessel (USV) Challenger, owned by a joint venture of DeepOcean, Solstad Offshore and Østensjø Rederi, has completed its first fully remote project. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from the joint venture com

about 1 month ago
UK subsea contractor’s fleet grows with another SMD ROV
Business & Finance

UK subsea contractor’s fleet grows with another SMD ROV

Film-Ocean, a UK-based subsea contractor providing ROV inspection and intervention services, has taken delivery of another remotely operated vehicle (ROV) from SMD, completing a major fleet investment program. This comes as Film-Ocean took delivery of two Quantum 250-hp heavy-duty work-class ROVs in

about 1 month ago
A North Sea platform
Business & Finance

Smulders HSM, SPIE and Scaldis help future-proof offshore wind-powered North Sea gas platform

An integrated project team comprising Smulders HSM, a provider of multidisciplinary offshore platform solutions, SPIE, a multi-technical services provider, and offshore installation partner Scaldis, has been tasked with handling the next phase of a gas project in the Dutch North Sea, with a new comp

about 1 month ago
Left to righ: SI Nan, Marine & Offshore Marketing Department Vice Director, MARIC; Ci Hongen, Vice Chief Engineer of Merchant Ship Dept., MARIC; Zhang Chao, Director of Merchant Ship Department, MARIC
Business & Finance

Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept

Lloyd’s Register (LR), the UK-based classification society, and the Marine Design and Research Institute of China (MARIC) have unveiled a tri-fuel-ready tanker concept designed to give owners flexibility to pursue liquefied natural gas (LNG), methanol, or ammonia as fuel technologies, infrastructure

about 1 month ago
UK oil & gas player, floating wind developer to explore electrification opportunities in North Sea
Business & Finance

UK oil & gas player, floating wind developer to explore electrification opportunities in North Sea

Edinburgh-headquartered Flotation Energy and London-based Harbour Energy have signed a memorandum of understanding (MoU) to collaborate on assessing opportunities for powering oil and gas assets in the North Sea with floating offshore wind energy.

about 1 month ago
Illustration; Source: German LNG Terminal
Business & Finance

Nikkiso lands equipment deal for German LNG terminal

Cryogenic equipment supplier Nikkiso Clean Energy & Industrial Gases (Nikkiso CE&IG) Group has secured an order to deliver multiple pumps for a liquefied natural gas (LNG) terminal in Brunsbüttel, adding to its growing portfolio of equipment for Germany’s LNG import infrastructure.

about 1 month ago
Left to right: Grégoire Hartig, Niels den Nijs, Pascal Girardet, Benoist Grosjean, and David Patron; Courtesy of Titan
Business & Finance

Titan-Sogestran pact brings new 6,000-cbm LNG bunker vessel to Western Mediterranean

Titan Clean Fuels, part of the Molgas Group, has struck a long-term deal with shipowner Sogestran Group for the construction, charter, and operation of a new co-designed liquefied natural gas (LNG) bunker vessel (LNGBV), adding ship-to-ship bunkering capabilities in the Western Mediterranean to comp

about 1 month ago
UK’s first offshore CCS project enters construction as huge pipelayer arrives on site
Business & Finance

UK’s first offshore CCS project enters construction as huge pipelayer arrives on site

Offshore construction has started for the UK’s first offshore carbon capture and storage (CCS) project as Saipem’s 325-meter-long vessel Castorone arrives in the Southern North Sea to start pipelaying. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) pr

about 1 month ago
Arctic LNG; Source: Novatek
Business & Finance

Arctic LNG 2 exit ticked off the list: TotalEnergies retains $1.3 billion loan claim

France’s energy giant TotalEnergies has wrapped up its exit from a Russian liquefied natural gas (LNG) project, giving up its stake but retaining rights to recover around $1.3 billion in shareholder loans, subject to sanctions.

about 1 month ago
North Cormorant removal campaign with Allseas' vessel; Source: Allseas
Business & Finance

WATCH: Allseas takes 17,200-ton North Sea giant ashore 42 years after first oil

More than four decades after first producing oil, a 17,200-ton North Sea platform has been lifted from its steel jacket in a single operation and loaded aboard a heavy-lift vessel, owned by Switzerland-based offshore contractor Allseas, marking the start of its final journey to shore for dismantling

about 1 month ago
Amazon Conqueror; Source: Shearwater
Business & Finance

Shearwater steps up Norwegian multi-client push with new 3D seismic survey

Norwegian marine geoscience and technology company Shearwater GeoServices is set to acquire 3D seismic data over recently awarded and prospective open acreage in the Norwegian Sea by deploying a high-capacity seismic vessel for an approximately seven-week campaign this month.

about 1 month ago
Central Azeri Patform, Caspian Sea - Petrofac
Business & Finance

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway

UK-headquartered energy giant BP has finished a multi-day planned turnaround earlier than planned at its platform in the Caspian Sea, with production now growing to pre-maintenance levels.

about 1 month ago