Activity News

 

Jadestone Energy Secures Four Shallow Water Fields Offshore Malaysia

Jul 26, 2024

Asia-pacific focused oil and gas company Jadestone Energy has been awarded a 100% participating interest in a Small Field Asset Production Sharing Contract (SFA Cluster PSC) offshore Malaysia by Petronas, through Malaysia Petroleum Management…

Saipem Sees Business Opportunities in Green Ammonia, Offshore Wind

Jul 25, 2024

Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia and offshore wind, its CEO said on Thursday.Speaking with journalists the day after releasing first-half results…

GA Drilling Teams Up with Petrobras for Next-Gen Downhole Drilling Systems

Jul 25, 2024

Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…

TotalEnergies Q2 Earnings Fall 6% on Weak Refined Product and Gas Demand

Jul 25, 2024

French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined product and gas sales and as European refining margins tumbled.Adjusted net income for the three months to June 30 was $4…

Crown LNG Picks IKM for Engineering Design of Scottish Floating LNG Terminal

Jul 25, 2024

Crown LNG Holdings, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has selected IKM Engineering & Environmental Consultants (IKM) as its partner for the design and engineering of a floating LNG import terminal in the Firth of Forth…

GB Energy and Crown Estate Launch Offshore Wind Partnership

Jul 25, 2024

Great British Energy, a new UK government-owned clean energy company, and the Crown Estate have entered into partnership, which could facilitate up to 20-30 GW of new offshore wind developments reaching seabed lease stage by 2030.Great British Energy (GB Energy) Bill…

Port San Luis Harbor District Eyes Offshore Wind Prize in California

Jul 25, 2024

The Port San Luis Harbor District has entered into a project evaluation agreement with Clean Energy Terminals (CET), a leading developer of offshore wind port facilities across the U.S., to asses the development of the West Coast's first offshore wind operations and maintenance port…

Jan de Nul Reveals Name of New XL Cable Layer

Jul 25, 2024

Jan de Nul has named its new XL cable laying vessel (CLV), an identical copy of the previously ordered Fleeming Jenkin, after an Irish scientist William Thomson.The William Thomson will have three carousels and cable-carrying capacity of 28…

SBM Offshore Holds Naming Ceremony for FPSO Lined Up for Work Offshore Brazil

Jul 25, 2024

Dutch FPSO leasing specialist SBM Offshore has held a naming ceremony for a floating production, storage, and offloading (FPSO) unit, which will be deployed at a field offshore Brazil for oil and gas company Petrobras.The FPSO Almirante Tamandaré…

Marlink to Upgrade Offshore Network on Shelf Drilling’s Jack-Up Rig Fleet

Jul 25, 2024

Satellite communications solutions firm Marlink and Shelf Drilling have agreed to conduct communications and network upgrades on the offshore driller’s 36-strong jack-up rig fleet.The first upgrade involves implementing a software-defined network…

Rovco Lands Survey Work at Green Volt Floating Wind Farm

Jul 25, 2024

UK-based tech-powered offshore wind solutions provider Rovco has been awarded the site characterization survey work in support of the development of Green Volt floating wind farm in Scotland.Rovco will focus on geophysical surveys in the OWF array area…

TotalEnergies Takes 50% Share of RWE’s Dutch Offshore Wind Project

Jul 25, 2024

RWE and TotalEnergies have entered into a partnership agreement to jointly deliver the OranjeWind offshore wind project in the Netherlands, with TotalEnergies buying half of RWE’s equity stake to deliver the be the first ‘system integration’ project in the Dutch market…

Refurbished FPSO and FSO Set to Sail to Eni’s Baleine Fild

Jul 25, 2024

The floating production storage and offloading (FPSO) unit Petrojarl Kong and floating storage and offloading vessel (FSO) Yamoussoukro have entered their final stages of upgrading and conversion prior to their mobilization to Côte d’Ivoire for Eni’s Baleine Phase 2 project…

Prysmian Gets $489M from EIB for European Green Transition Push

Jul 24, 2024

The European Investment Bank (EIB) and Italian cable maker Prysmian have signed a new $488.7 million (€450 million) finance contract to facilitate green electricity transmission and distribution in Europe.With a view to meeting the growing demand…

New Fortress Energy Secures $700M Loan for Second FLNG Unit in Mexico

Jul 24, 2024

One of the world’s leading LNG project developers New Fortress Energy (NFE) has secured a $700 million loan for the second floating liquefied natural gas (FLNG) unit in Mexico, days after producing LNG at its first FLNG unit offshore Altamira…

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