Italian shipbuilding group Fincantieri, through its subsidiary Ingegneria dei Sistemi (IDS), and compatriot Next Geosolutions (NextGeo), have signed a memorandum of understanding (MoU) to establish a strategic collaboration for the development of unmanned surface vehicles (USVs) and related technolo
As the United States (U.S.) has set its cap on growing its liquefied natural gas (LNG) industry, multiple steps are being taken to shake off the regulatory shackles impeding the LNG export boom. The latest such move is encapsulated in a proposed bill aimed at accelerating the federal approval proces
FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas
Norway’s state-owned energy giant Equinor has secured a drilling permit for operations on the Norwegian Continental Shelf (NCS), which will be done with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.
U.S. subsea engineering and applied technology firm Oceaneering has secured a contract with UK-headquartered energy giant BP for the provision of riserless light well intervention (RLWI) services for the largest oilfield in the Azerbaijan sector of the Caspian basin. Oceaneering‘s Offshore Projects
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, is only days away from hydrocarbon exploration activities in the Otway Basin off the coast of Australia, which will be undertaken by a semi-submersible rig owned by Transocean, an offshore drilling p
Petrobras has confirmed a new production milestone, as a floating production, storage, and offloading (FPSO) unit, owned by the Netherlands-based SBM Offshore, shatters output ceiling in a record-breaking run at a huge field in the pre-salt Santos Basin off the coast of Brazil.
The American Bureau of Shipping (ABS), a classification society, has launched a real-time 3D structural digital twin life-cycle management tool, which is a web-based solution tailored for floating production storage and offloading (FPSO), floating liquefied natural gas (FLNG), and floating storage a
Excelerate Energy, a U.S.-based liquefied natural gas (LNG) company in Texas, has struck a new deal for the construction of a fully integrated floating LNG (FLNG) import terminal in Iraq.
As energy security concerns continue to run the show, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has called on oil and gas operators to join forces and bolster well interventions and development drilling activities to revive shut-in wells to sustain domestic oil and gas pr
Norwegian offshore vessel operator Havila Shipping has struck a deal with Peterson Den Helder for a platform supply vessel (PSV), which is part of its fleet.
A 14-year-old jack-up rig, owned by Seadrill, an offshore drilling contractor, is going full speed ahead with drilling operations at an oil field in the North Sea off the coast of Norway.
Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms.
A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.
