Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process…
TechnipFMC has secured a contract from Eni for the Baleine Phase 3 development offshore Côte d’Ivoire, with the award valued at between $75 million and $250 million under the company's contract classification.TechnipFMC will design and manufacture…
Israel has launched its fifth competitive process to search for more natural gas in the country's economic waters, Energy Minister Eli Cohen said on Monday, seeking to bolster domestic reserves while increasing exports.Israel's gas needs are served by a number of fields off its Mediterranean coast…
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…
Altera Infrastructure has signed principal agreements with Eni for the supply of a newbuild floating production storage and offloading (FPSO) vessel for the Baleine Phase 3 development offshore Côte d’Ivoire.The agreements cover engineering…
ADNOC has launched a global liquefied natural gas (LNG) marketing and trading platform in Abu Dhabi Global Market, bringing together the LNG marketing activities of ADNOC Gas and XRG with ADNOC Trading’s trading capabilities.The integrated commercial…
Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…
Kongsberg has signed a contract with an unnamed international customer to deliver technologies for the protection of critical infrastructure.The project will focus primarily on underwater surveillance and protection, according to Kongsberg, which did not disclose the value of the contract…
MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit.The forward hull section, built at Sumitomo…
Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…
DNV has completed an independent technical review of Fred Olsen 1848's BRIZO floating solar system, supporting the technology's progress toward project development, bankability discussions and future commercial deployment.The BRIZO floating photovoltaic (FPV) system is designed to operate in inland…
Santos has signed a gas sale agreement with the South Australian government to supply 200 petajoules (PJ) of domestic gas over 10 years from 2030 to 2040 for the state's Strategic Gas Reserve.Under the agreement, Santos will supply 20 PJ of gas annually over the contract term…
Global liquefied natural gas demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power demand, Shell said in an annual report on Tuesday.Global…
SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international…
For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…