U.S. energy infrastructure player New Fortress Energy (NFE) has ironed out the terms of a long-term gas supply contract with the government of Puerto Rico, which will enable it to provide liquefied natural gas (LNG) to the Caribbean nation.
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has named Innovex International, a Houston-based company established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, as its exclusive manufacturer and supplier of wellhead systems. As part of the agreemen
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has acquired a rig from an affiliate of offshore drilling contractor Noble Corporation.
Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water
Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, wi
Inpex Masela, a joint venture between Inpex Corporation and the Japan Organization for Metals and Energy Security (JOGMEC), has tasked Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, with carrying out structural analyses for its operations off the coast of Indone
ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has tightened its grip on 33 jack-up rig additions to its fleet by revising its cash merger offer to bring the UAE-based Shelf Drilling into its fold. As a result, more than half
Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has undertaken several activities aimed at optimizing its assets offshore Namibia.
The construction of the first of four offshore energy support vessels (OESVs) that Norwegian offshore services provider Sea1 Offshore ordered from China has officially begun. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contra
Norwegian vessel owner DOF Group has secured a new contract in the Asia Pacific region (APAC), this time for moorings hook-up services. The scope covers DOF’s full suite of in-house project management, engineering, procurement and logistics support services and will see Skandi Hercules used for rela
BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating production unit (FPU) destined for a deepwater project in
Brazilian oil and gas company PRIO has received the authorization for a tie-back project in Brazil’s Campos basin.
As countries around the world prepare for massive energy infrastructure build-out, Canada is laying the groundwork to strengthen its trade might and energy security by giving the green light for a liquefied natural gas (LNG) project, which is being developed on the country’s northwest coast to expor
As America’s energy policy continues to assert dominance across the global power sector, especially in relation to the liquefied natural gas (LNG) construction boom, which is reshaping the U.S. Gulf’s energy landscape, a development in Calcasieu Parish, Louisiana, operated by Australia’s Woodside En
