Oil & Gas Duo Join Forces to Find Rig for Drilling Campaigns in Southeast Asia
SundaGas Banda Unipessoal, a subsidiary of UK‑listed Sunda Energy, has signed a letter of intent with Finder Energy’s Timor‑Leste arm to jointly secure a semi‑submersible drilling rig for offshore campaigns. The collaboration targets the Chuditch‑2 appraisal well and three development wells in Finder’s KTJ fields, extending the combined drilling window to roughly 200 days. By sharing the rig, both firms aim to overcome the short‑duration, high‑cost challenge that has stalled rig procurement. Drilling is slated to begin in early 2027, with the LOI set to expire on 31 Oct 2026 unless a formal agreement is reached.
Hunting Gets $63.5 Million of Subsea Orders for New Development Off Guyana
London‑based energy services firm Hunting has secured subsea contracts worth $63.5 million for a new offshore development off Guyana. The award covers the delivery of Hunting’s titanium stress joint (TSJ) product line through its Subsea Spring unit, with revenue to be...
Construction Continues for French Full-Scale Wave Energy Demonstrator
Wave‑Op, a joint venture of the Legendre Group and Geps Techno, is advancing construction of the Dike Wave Energy (DIKWE) full‑scale demonstrator in Boulogne‑sur‑Mer, France. Approved in March 2025 and backed by the Hauts‑de‑France region, ADEME, Ifremer and engineering firm Fimetal, the...
EXIM Rubber-Stamps over $2 Billion for US LNG Export to Egypt
The Export‑Import Bank approved more than $2 billion in export‑credit‑insurance to back U.S. liquefied natural gas shipments to Egypt, covering contracts scheduled for 2026‑27. The authorization removes financing barriers for Hartree Energy’s deals with Egypt’s EGPC and aligns with the administration’s...
Asian Multi-Well Drilling Campaign Bumped to May
Jasmine Energy, a subsidiary of Singapore’s Rex International, raised $25 million in senior secured bonds to fund a three‑well drilling campaign at Oman’s Yumna field in Block 50. The campaign, originally slated for Q1 2026, has been pushed to May 2026. Block 50 covers roughly...
Shearwater and Searcher Wrap up 3D Seismic Acquisition in Brazil’s Pelotas Basin
Norway’s Shearwater GeoServices and Australia‑based Searcher have finished Phase Three of a multi‑client 3D seismic campaign in Brazil’s Pelotas Basin, adding 7,500 km² of high‑resolution data. The new acquisition brings the regional library to over 17,000 km², complementing the 9,500 km² gathered in earlier...
Another 20-Year LNG Offtake Lands in Mexican Project’s Bag
International Resources Holding (IRH) has signed a 20‑year sale‑and‑purchase agreement to purchase 1 mtpa of LNG from Amigo LNG’s upcoming export terminal in Guaymas, Sonora. Deliveries are slated to begin in the second half of 2028 when the project’s first liquefaction...
Hafnia Orders Eight ‘Fuel-Efficient’ Tankers From South Korean Shipyard
Singapore‑based tanker owner Hafnia has ordered eight fuel‑efficient medium‑range product tankers from Hyundai Heavy Industries for roughly $405 million. Deliveries are slated between Q3 2028 and Q2 2029, adding modern capacity to its fleet. The vessels feature optimized hulls and energy‑saving propulsion to...
Mediterranean Gas Field Back Online After Shutdown Due to Regional Safety Woes
Chevron Mediterranean Limited and its partners have restarted gas production at Israel’s Leviathan field after a 33‑day shutdown triggered by regional security tensions. The suspension, caused by the U.S.–Israel military response to Iran and related LNG disruptions, is not expected...
New Player Enters Underwater Robotics Market with AUV Prototype
Canadian AI and quantum‑computing firm ZenaTech has unveiled its IQ Aqua autonomous underwater vehicle (AUV) prototype, expanding from drones into underwater robotics. The initial model operates tethered and battery‑powered, while a next‑generation untethered version is under development. ZenaTech plans field...
Vietnam’s REE Unveils Investment Plan for Offshore Wind, Floating Solar
Vietnam’s Refrigeration Electrical Engineering Corporation (REE) announced a $1 billion investment to boost its renewable‑energy portfolio to about 3,000 MW by 2030, more than doubling its current 1,200 MW capacity. The strategy centers on offshore wind, near‑shore wind and floating solar, building on...
6% of Welsh People Think Renewable Energy Development Should Decrease, Research Shows
A RenewableUK Cymru poll shows 71% of Welsh residents want more renewable energy development, while only 6% favor a decrease, and 58% envision a future electricity system dominated by renewables. Respondents across Labour, Plaid Cymru, Conservative and Green voters are...
First Malta-Italy Interconnector Back in Service After Works on Second Link Demanded Shutdown
The first Malta‑Italy interconnector (IC1) was re‑energised on April 1 after a brief shutdown to reroute control cables for the upcoming second link. The work, performed at the Ragusa terminal in Sicily, included preparation for a new 220 kV hybrid switchgear...
TenneT, National Grid Ink Joint Development Agreement for LionLink Interconnector
Transmission system operators TenneT and National Grid Ventures have signed a joint development agreement to advance LionLink, a 2‑GW hybrid interconnector linking the UK and the Netherlands via the planned Nederwiek 3 offshore wind farm. The JDA outlines joint procurement, governance...
Wave Energy Pilot Concludes at Port of Los Angeles
Eco Wave Power has completed its on‑shore wave‑energy pilot at the Port of Los Angeles, developed with Shell. A prior feasibility study identified 77 U.S. coastal sites with suitable wave conditions. The pilot met all technical and operational milestones, and the final...
Trillion Energy’s Stake in Giant Black Sea Gas Field up for Sale
Trillion Energy is seeking a buyer for its 49 % working interest in the South Akcakoca Sub‑Basin (SASB) gas field in the southwestern Black Sea, a project operated by Turkey’s state oil company TPAO. The company also secured a new agreement...
Solstad Vessel Nets Contract Extension Before Upcoming Long-Term Deployment
Solstad Maritime secured an eight‑month contract extension for its 2007‑built construction support vessel Normand Energy, running from April 1 to November 30, 2026, with options for further extensions. The deal bridges the gap until the vessel’s long‑term deployment slated for the first...
South Korean Shipyard Holds Naming Ceremony for US Player’s New FSRU
Excelerate Energy, a Texas‑based LNG infrastructure firm, held a naming ceremony for its newest floating storage regasification unit, the Excelerate Acadia, at Hyundai Heavy Industries’ shipyard in Ulsan, South Korea. The ceremony, led by board member and godmother Deborah Byers,...
$10 Billion US LNG Project Comes Online in Texas: One Train Down, Two More Left on McDermott and Chiyoda’s List
U.S. EPC firms McDermott and Chiyoda have completed construction and commissioning of Train 1 at the Golden Pass LNG export terminal in Sabine Pass, Texas, marking the project's first LNG production. The $10 billion joint venture, owned 70% by QatarEnergy and 30%...
Técnicas Reunidas Tasked with Work for Second Phase of Canadian Natural Gas Pipeline
Técnicas Reunidas, the Spanish engineering and construction firm, has secured a contract to provide EPC services for the second phase of the Coastal GasLink natural gas pipeline that will feed LNG Canada. The expansion adds roughly 300 km of line, boosting capacity by...
Norwegian Shipowner Finalizes Sale of 2016-Built PSV
Golden Energy Offshore Services (GEOS) completed the sale of its 2016-built platform supply vessel Energy Passion for a gross price of $28 million. The transaction is expected to generate a booked gain of about $5.4 million and net proceeds of roughly $14 million...
Tekmar Bags €2+ Million in Contracts for Japanese Offshore Wind Project
Tekmar Group has secured two contracts worth roughly $2.5 million for a Japanese offshore wind project, supplying its 10th‑generation cable protection systems. The work will begin immediately, with revenue recognized through the rest of fiscal 2026 and into the first half...
Seabed Preparation Starts Ahead of Construction of New Dutch Offshore Wind Farm
Seabed preparation has begun on the OranjeWind offshore wind project off the Dutch coast, with Jan De Nul launching a filter‑layer installation campaign. The rock‑installation vessel Simon Stevin will lay the first erosion‑protection layer by May, clearing the way for 53 Vestas V236‑15 MW...
Vietnamese Player’s ‘Super Rig’ Ready for Drilling
Vietnam’s state‑owned Petrovietnam Drilling & Well Service Corp. (PV Drilling) officially named its newly acquired jack‑up rig PV DRILLING IX, formerly the Noble Highlander, on March 27. The vessel, built to Friede & Goldman JU2000E specifications, can drill to 9,144 meters and operate in water up to 129.5 meters...
History Written as CCS Technology Starts Operating on Board FPSO
Yinson Production has commissioned the world’s first post‑combustion carbon capture and storage (CCS) unit on its FPSO Agogo, operating off Angola. The system, built with Azule Energy and Carbon Circle, runs on the open‑source CESAR1 amine solvent, designed for low‑energy...
Jan De Nul Orders Nordlicht I Cable Protection Systems at CRP Subsea
Jan De Nul has engaged CRP Subsea to supply 141 NjordGuard cable protection systems for Vattenfall’s Nordlicht I offshore wind farm in the German North Sea. The CPS designs are being engineered for both monopile and J‑tube interfaces, with production in...
Two New Campaigns with Equinor to Keep Reach Subsea’s USV at Work
Norway’s Reach Subsea has landed two additional call‑offs from state‑owned Equinor under their existing frame agreement, deploying its uncrewed surface vessel Reach Remote 1 for gas reservoir monitoring at the Troll field and extensive subsea inspection, maintenance and repair (IMR) work...
Oil-to-CO2 Storage Wells Begin Transformation Journey Offshore Denmark
Denmark’s Greensand Future project is converting legacy North Sea oil wells into carbon‑capture storage wells at the Nini West field, roughly 240 km northwest of Esbjerg. The initiative follows a 2022 permit for up to 15,000 t of CO₂ injection and the...
Category 5 Storm Makes Damage to Oil Field Offshore Western Australia
Jadestone Energy reported that Cyclone Narelle, a Category 5 storm with winds over 200 km/h, damaged its Stag offshore oil field in Western Australia. The company shut down the platform on March 23, demobilised it, and discovered damage upon return on March 28. Jadestone...
Venture Global and Edison Put LNG Arbitration Battle Behind Them
Venture Global and Italy’s Edison have signed a commercial agreement that ends their LNG arbitration over the Calcasieu Pass project, with the settlement expected to close by the end of Q2 2026. The deal adds extra cargoes for Europe, beginning with...
WATCH: FLNG Mooring System Slides in Place Offshore Congo
France’s marine contractor Geocean, together with China’s Wison New Energies, has completed the installation of a floating LNG (FLNG) mooring system in the Marine XII block off Congo’s Pointe Noire. The operation placed driven anchor piles, a submerged swivel and yoke,...
New Joint Project Aims to Bring Subsea Chemical Storage Technology to Deployment
Oilfield services firm NOV has launched a joint industry project with Equinor and Petrobras to qualify a subsea chemical storage unit up to 200 m³ for field deployment. The initiative aims to cut topside footprint, reduce vessel usage, and support long...
Third Train on the Cards for LNG Project, Unleashing More Australian Gas
Japan’s Inpex and U.S. firm Formentera have formed a joint venture to develop the Beetaloo Basin’s shale gas, acquiring 68,000 net acres for $208 million with an option for up to 75,000 more acres at $266‑$411 million. The partnership will feed a...
Go-Ahead for North Sea Drilling Ops with Saipem’s Rig
Norwegian authorities have approved Aker BP to commence exploration drilling on the Norwegian Continental Shelf using Saipem’s Scarabeo 8 semi‑submersible rig. The consent covers well 36/4‑2 in block 36/4 under production licence 1153, which runs until 2030, and a pilot hole 35/10‑U‑1 in licence 1182S...
New Oil & Gas UK Offshore Hub for Serica with TotalEnergies’ Assets in the Bag
Serica Energy completed a $25.6 million purchase of a 40% operated interest in the Greater Laggan Area (GLA) and related infrastructure from TotalEnergies, adding over 5,000 barrels of oil equivalent per day (boepd) to its output. The GLA holds roughly 4.0 mmboe...
Woodside Delays Lower-Carbon Ammonia Production From Recently Taken-Over Facility
Woodside Energy completed its $2.35 billion acquisition of OCI Clean Ammonia and took operational control of the Beaumont New Ammonia (BNA) plant in Texas. The facility, capable of producing 1.1 million tonnes of ammonia annually, began commercial output in December 2025. Lower‑carbon ammonia...
Kawasaki and JFE Engineering Pick up Work on Japanese LNG Project
Kawasaki Heavy Industries and JFE Engineering’s joint venture has secured a contract to expand the Sakaide LNG terminal in Kagawa Prefecture. The project adds a 180,000‑kiloliter above‑ground PC tank and associated vaporizers, slated for operation by 2031. The expansion aims...
New Asian Block Expands UAE Oil & Gas Player’s Andaman Sea Footprint
UAE‑based Mubadala Energy has secured the Southwest Andaman exploration block off Indonesia, marking its fifth concession in the Andaman Sea. The 100% operated production sharing contract under Indonesia’s Gross Split scheme adds to its multi‑TCF discoveries in the deep‑water basin....
DNV’s New Recommended Practice Focuses on Hydrogen-Specific Risks in Offshore Pipelines
DNV released the recommended practice DNV‑RP‑F123, a guideline for designing, operating, and re‑qualifying offshore hydrogen pipelines. The document expands on the legacy DNV‑ST‑F101 standard by addressing hydrogen‑specific integrity issues such as embrittlement and material suitability. Developed through the five‑year H2Pipe...
First Hornsea 3 OWF Offshore Export Cable in Place
Ørsted announced that the first offshore export cable for the Hornsea 3 wind farm has been successfully laid and pulled ashore. The 680 km bundle, comprising two HVDC lines and a fiber‑optic link, is being installed by Jan de Nul and will be completed...
CoolCo’s Nine LNG Vessels Sport Revamped Propulsion Drives
ABB upgraded the propulsion drives on CoolCo’s nine LNG carriers, replacing frequency converters and control electronics with its latest Universal Control Unit platform. The modular retrofit adds more than ten years to each vessel’s operational life while keeping dry‑dock time...
Ofgem Shortlists Five Bidders for Three UK Offshore Wind Transmission Assets
The UK regulator Ofgem has shortlisted five bidders for Offshore Transmission Owner (OFTO) Round 13, targeting the transmission links of the East Anglia Three, Inch Cape and Dogger Bank C offshore wind farms. The three assets, comprising cables, converter stations and substations, are valued at...
€693 Million Financing to Support UK’s Subsea Electricity Superhighway
ScottishPower, owned by Iberdrola, secured £600 million (≈$770 million) financing from the UK National Wealth Fund to build the Eastern Green Link 4 (EGL4) subsea electricity superhighway. The 2‑GW HVDC link will stretch 530 km from Fife to Norfolk, delivering enough power for about...
German TSO Makes Order for Four Cable Storage Carousels
German transmission system operator 50Hertz has signed a framework contract with Subsea Cable Assets (SCA) to supply four cable storage carousel systems. The agreement covers engineering, manufacturing, delivery, installation and commissioning, including all loading equipment. The deal was secured through...
North Sea Oil Discovery Adds Low-Cost Barrels for OKEA with Resource Estimate Boost
OKEA increased its recoverable resource estimate for the Talisker West discovery near its Brage field from 19 to 28 million barrels of oil equivalents. The combined recoverable volumes from the Statfjord and Cook formations now range between 23 and 44 mmboe, with...
‘Supermajor’ Hires Flex LNG’s Vessel on Multi-Year Gig
Flex LNG has secured a new time charter for its 2020‑built Flex Aurora LNG carrier with an unnamed supermajor. The agreement guarantees a minimum two‑year firm period and includes optional 2‑year extensions that could stretch the contract to eight years,...
Vallourec Scores Five-Contract Win in Indonesia
French tubular solutions maker Vallourec announced a five‑contract win in Indonesia, covering roughly 36,000 tons of premium OCTG products. The orders, signed across February and March, will support about 140 offshore and deep‑water wells. All pipes will be heat‑treated and threaded...
Valaris Drillship Spins the Drill Bit at Equinor’s $9 Billion Brazilian Gas Project
Equinor has launched the drilling phase of its $9 billion Raia gas project off Brazil’s coast using Valaris' DS‑17 drillship. The campaign targets six pre‑salt wells in 2,900‑meter water, aiming for first gas production by 2028. The development will export up...
$4 Billion LNG Lawsuit Going Ahead as Arbitration Starts
Singapore‑based Sinolam International has launched a $4 billion arbitration claim against Panama under the Panama‑Singapore free trade agreement, alleging unlawful cancellation of a 441 MW LNG‑to‑power project license. The dispute, filed with the International Centre for Settlement of Investment Disputes (ICSID), stems...
Taiwanese Wave Energy Project Secures Land Lease
Eco Wave Power’s 100 kW onshore wave‑energy pilot in Taiwan has secured a five‑year land lease at Suao Port, with an option to extend. The lease covers 6.75 hectares of the southern outer breakwater, specifically Zone C (2.25 ha) designated for testing. The agreement, signed by...