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Joint Venture News

 

Aesen, DOC JV Targets Subsea Cable Logistics

Sep 29, 2025

Aesen Pte. Ltd. (Aesen) and Dutch Offshore Contractors Holdings B.V. (DOC)  formed Aesen DOC Cable Logistics Pte. Ltd., a joint venture to address the growing global demand for subsea cable transport, storage and logistics solutions.With global electrification and offshore wind expansion accelerating, demand for high-voltage subsea cables is surging, and the joint venture aims to address critical industry gaps such as supply bottlenecks…

CETO JIP to develop Low Pressure Solutions for CO2 Ship Transport

Dec 29, 2021

Equinor, Shell, TotalEnergies, Gassco and DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The CETO (CO2 Efficient Transport via Ocean) JIP will carry out the technology qualification…

FSRU: Nakilat, Karpowership sign MoU

Oct 25, 2021

Nakilat and Karpowership signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs).'This fits very well with Nakilat’s long-term growth plan…

Current News

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

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Aramco Picks McDermott for Energy Projects in Saudi Arabia

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Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

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Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

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Capricorn Energy Grants Third Extension for Potential Takeover Offer

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Ichthys LNG Strike Causes Delay to Taiwan-Bound Cargo

Indonesia Targets Higher Oil and Gas Output in 2027

Indonesia Targets Higher Oil and Gas Output in 2027

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