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Business & Finance

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Drillship at sea
Business & Finance

Noble’s 2013-built drillship scoops up 10-well job in Africa with Tullow Oil

Noble Corporation's 13-year-old drillship has lined up a multi-well assignment off the coast of Ghana.

2 hours ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business & Finance

North Sea appraisal ops up the oil & gas discoveries’ projected size

Three Norwegian oil and gas players – Aker BP, Equinor, and DNO – have carried out appraisal drilling activities on two hydrocarbon discoveries in the North Sea off the coast of Norway, raising the estimated size of these finds.

2 days ago
Illustration; Source: Petronas
Business & Finance

Vantris Energy rakes in $441.8 million for Petronas and PTTEP offshore works in Malaysia

Offshore engineering specialist Vantris Energy has fortified its financial pipeline after clinching two major transportation and installation (T&I) deals worth a combined RM1.8 billion ($441.8 million) from Petronas Carigali, a subsidiary of Malaysia’s Petronas, and PTTEP HK Offshore and PTTEP Saraw

2 days ago
Buzzard; Source: Worley
Business & Finance

CNOOC keeping Worley busy on its North Sea assets for five more years

Australia’s engineering firm Worley has picked up a multi-year renewal of its assignment in the North Sea with CNOOC International, a subsidiary of China’s CNOOC, supporting the operator’s offshore operations on the UK Continental Shelf (UKCS).

2 days ago
Fit-out of NeuConnect’s converter stations in progress
Business & Finance

Fit-out of NeuConnect’s converter stations in progress

Fit-out works are currently underway on the converter stations in Germany and the UK for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the two countries. The construction of the 24-meter-high, 70-meter-wide converter hall buildings reac

2 days ago
Omega Subsea to mobilize ROV systems on two NKT cable layers
Business & Finance

Omega Subsea to mobilize ROV systems on two NKT cable layers

Omega Subsea has secured a five-year agreement with NKT to provide a remotely operated vehicle (ROV) system for the newbuild cable-laying vessel (CLV) NKT Eleonora, following the contract for NKT Victoria reported last June. The agreements are part of a wider investment program as part of which Omeg

3 days ago
Eni
Business & Finance

Eni broadens its exploration horizons in Southeast Asia with another offshore block

Italian energy giant Eni has expanded its Asian portfolio with the addition of a new exploration license in the prolific Kutei Basin off the coast of Indonesia, Southeast Asia.

3 days ago
LD Armateurs welcomes multipurpose support vessel to its fleet
Business & Finance

LD Armateurs welcomes multipurpose support vessel to its fleet

LD TravOcean, a subsidiary of Louis Dreyfus Armateurs (LD Armateurs) specialized in subsea cable installation and protection, has taken delivery of the DP2 multipurpose support vessel TVO Mariner, previously known as SIDDIS Mariner, following the acquisition announced in April. The 88.3-meter vessel

3 days ago
Ichthys Explorer central processing facility (CPF); Source: Inpex Australia
Business & Finance

Inpex beefs up stake in Australian LNG project

Japan’s exploration and production (E&P) company Inpex has moved to solidify its foothold in a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), with its Australian subsidiaries taking steps to obtain an additional participating interest by exercising pre-emptive

3 days ago
Illustration; Source: Petrobras
Business & Finance

Petrobras and ENH forge oil & gas partnership

Brazil’s state-owned energy giant Petrobras has shaken hands with Mozambique’s National Hydrocarbons Company (ENH) on a framework for bilateral cooperation across the oil and gas sector.

3 days ago
Australian interconnector granted final approval before construction
Business & Finance

Australian interconnector granted final approval before construction

The Marinus Link electricity and telecommunications interconnector to be built in Australia has secured the country’s first offshore transmission license, representing the final Commonwealth approval leading into construction. Marinus Link, which will connect North West Tasmania and Victoria’s Latro

3 days ago
SSV Catarina rig; Source: Ventura Offshore
Business & Finance

Ventura Offshore rig staying longer with Eni and Petronas’ Searah in Southeast Asia

Brazilian deepwater offshore drilling contractor Ventura Offshore has secured more action time for its semi-submersible rig off the coast of Indonesia with subsidiaries of Searah, a joint venture between Italy’s Eni and Malaysia’s Petronas.

3 days ago
LNGT Türkiye sets sail as the seventh FSRU delivered by Seatrium for Karpowership, completing an eight-year conversion program; Source: Seatrium
Business & Finance

Last FSRU in seven-vessel conversion program boosts Karpowership’s LNG-to-power value chain

Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, has finished its multi-vessel liquefied natural gas (LNG) carrier-to-floating storage and regasification unit (FSRU) conversion program with the completion of the seventh FSRU at a yard belonging to Singa

3 days ago
Illustration; Source: SLB
Business & Finance

SLB’s grand slam with Aramco puts over 450 oil & gas wells on its plate

U.S.-headquartered technology player SLB has added more than 450 wells to its job list in one fell swoop by locking down a four-contract quadfecta with Saudi Arabia’s energy giant Aramco.

3 days ago
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