Business & Finance

TotalEnergies and Sembcorp form LNG supply partnership in Singapore
French energy giant TotalEnergies has partnered with Sembcorp Energy Singapore, an integrated energy and environmental services player, to import a liquefied natural gas (LNG) supply strip in Singapore. The agreement will see Sembcorp import an LNG supply strip from TotalEnergie’s global portfolio f

North India set for 2MWp floating solar power plant
Renewable energy company Hartek Solar has secured a contract to develop a 2MWp floating solar power plant in North India.

Petrofac to define offtake route for Southern North Sea gas project
Petrofac has been selected by Hartshead Resources to conduct an engineering study to define an offtake route from its Southern North Sea fields.

Kongsberg’s Hugin AUV sports SeeByte software
SeeByte has integrated its SeeTrack multi-domain, command and control software into Kongsberg’s Hugin Superior autonomous underwater vehicle (AUV). According to SeeByte, SeeTrack v4 offers optimal goal-based planning and interoperability with other SeeTrack users and its Open Architecture allows int

Shell picks Malaysian contractor to deliver solar-powered platform for gas project
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract to build a platform for a Shell-operated gas project offshore Malaysia.

Shelf Drilling wins five-year deal for recently acquired jack-up rig
Shelf Drilling has secured a contract for the recently acquired jack-up rig Shelf Drilling Victory for operations in the Arabian Gulf.

Petrofac secures well management job in North Sea
Oilfield services provider Petrofac has been selected by Dana Petroleum to provide well management services for all its UK North Sea-operated assets.

Hy24 clean hydrogen fund up and running at €2 billion of allocations
Hy24, the joint venture between FiveT Hydrogen and Ardian, has announced the closing of its first hydrogen impact fund – Clean H2 Infra Fund – at €2 billion of allocations, exceeding its initial ambitions. Launched a year ago, the fund is said to be the world’s first and largest infrastructure fund

ADNOC books 12 jack-up and 2 island rigs for expansion of offshore operations
ADNOC has awarded a contract worth $1.53 billion to ADNOC Drilling to support the expansion of its offshore operations.

Energean starts flow testing at Karish gas field
Energean has achieved a milestone in the commissioning process of its Energean Power FPSO on the Karish gas field

Cornerstone bringing in partner for North Sea assets
Cornerstone Resources has signed a binding farm-out agreement for its assets located in the UK North Sea.

Investigation launched after another safety incident on Hibernia platform
An investigation has been launched following a near-miss incident on the Hibernia platform located offshore Canada.

MMA Offshore gets contract for job off Australia
Offshore vessel provider MMA Offshore has secured a vessel contract with Beach Energy for a job in Bass Strait, offshore Australia.

Final piece of Tyra II puzzle now in place
The final offshore lifting and installation campaign for TotalEnergies’ Tyra II project in the Danish North Sea has been completed.