Brazilian deepwater offshore drilling contractor Ventura Offshore has expanded its managed fleet by adding Eldorado Drilling’s seventh-generation drillship to its rig pool. The firm has also secured a multimillion-dollar assignment with Malaysia’s state-owned oil and gas heavyweight Petronas for a drilling job off the coast of Indonesia in Southeast Asia. The post Ventura Offshore adds deepwater firepower to managed fleet and wins Petronas rig deal appeared first on Offshore Energy.

The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe. The post Boost for Europe’s energy diversification and cross-border gas flows as Western Balkans plug into Vertical Corridor appeared first on Offshore Energy.

Danish power cable manufacturer and installation firm NKT has inaugurated its expanded medium-voltage (MV) […] The post NKT inaugurates expanded power cable factory in Denmark appeared first on Offshore Energy.

Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded SLB […] The post OneSubsea to support Azule Energy’s production shift from aging to new FPSO appeared first on Offshore Energy.

Babcock LGE, a Rosyth-based marine engineering business within Babcock International, has won a new assignment with South Korea’s Samsung Heavy Industries (SHI) that covers four 88,000-cubic-meter (cbm) very large gas carriers (VLGCs), bolstering its position in the global liquefied gas handling market. The post Scottish firm strengthens VLGC foothold with four-vessel Korean shipbuilding deal appeared first on Offshore Energy.

A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from […] The post Netherlands becomes home to ‘Europe’s largest’ carbon capture facility appeared first on Offshore Energy.

Australian energy company Santos has taken steps to boost its stake in a liquefied natural gas (LNG) project in Papua New Guinea, Oceania. The post Santos expands Oceania LNG exposure as ExxonMobil takes the reins appeared first on Offshore Energy.

Malaysia’s state-owned oil and gas heavyweight Petronas is using artificial intelligence (AI) to transform the country’s exploration and production investment landscape, helping investors identify and evaluate upstream opportunities faster as it seeks to attract more capital and accelerate projects from discovery to first production. The post Petronas on AI-powered quest to streamline Malaysia’s upstream investment playbook appeared first on Offshore Energy.

The first fully operational, pre-permitted and grid-connected wave energy test facility in the continental […] The post Grid-connected wave energy test facility opens in US appeared first on Offshore Energy.

Navitas Petroleum, an oil and gas company with exploration and production interests in several regions, is continuing with planned development activities and does not expect the recent political developments over the Falkland Islands to affect the development timetable for its offshore oil project in the North Falkland Basin. The post $2.1 billion Sea Lion project on track for first oil despite Falklands tensions appeared first on Offshore Energy.