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Business Developments & Projects

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Business Developments & Projects

Romgaz places bid to buy ExxonMobil subsidiary in Romania

Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil’s subsidiary in Romania which holds a share in a Black Sea offshore block.

about 5 years ago

Illustration (Courtesy of Prysmian Group)

Business Developments & Projects

Prysmian links Crete to mainland Greece

Prysmian Group and Independent Power Transmission Operator (IPTO) have completed the subsea interconnection between the island of Crete and the Peloponnese peninsula in Greece.

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about 5 years ago

Gastrade and Macedonia cooperation on Greek LNG Terminal

Business Developments & Projects

Gastrade and North Macedonia cooperate on Greek LNG Terminal

Greek company Gastrade has signed agreements for the cooperation with National Energy Resources (NER AD) Skopje and AD Power Plants of Northern Macedonia (AD ESM) for the Alexandroupolis LNG Terminal.

about 5 years ago

Business Developments & Projects

Navios Partners wraps up Navios Containers acquisition

Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers.

about 5 years ago

Photo of SR2000 tidal turbine in operation at EMEC tidal test site (Courtesy of Orbital Marine Power)

Business Developments & Projects

EMEC hails MPs appeal to UK government for tidal power boost

The European Marine Energy Centre (EMEC) has welcomed the MPs urge to UK government to seize tidal power potential.

about 5 years ago

Business Developments & Projects

THREE60 wins 5-year deal with OMV in Norway

Energy services company THREE60 Energy has been awarded a new framework agreement with Austria’s oil and gas company OMV for operations in Norway.

about 5 years ago

Business Developments & Projects

TechnipFMC concludes share purchase deal with Bpifrance

Bpifrance, a substantial shareholder of TechnipFMC, has agreed to an investment of $100 million in Technip Energies, which has been acquired from TechnipFMC’s retained stake in the company.

about 5 years ago

Business Developments & Projects

Premier Oil and Chrysaor formally become Harbour Energy

The completion of the all-share merger of Chrysaor and Premier Oil has formally been completed and the company, named Harbour Energy, will be admitted to trading on the London Stock Exchange from 1 April 2021.

about 5 years ago

Illustration of Sangomar project where FAR has interest

Business Developments & Projects

Russia’s Lukoil gives up on FAR takeover plans

Russia’s Lukoil will not be proceeding with its previous plans to take over Australia’s FAR Limited and enter the Sangomar project located offshore Senegal.

about 5 years ago

Business Developments & Projects

Meyer Werft wins rare cruise ship order from Japan

Japanese cruise shipping company NYK Cruises, part of the NYK Group, has ordered an LNG-powered 51,950 GT cruise ship from German shipbuilder Meyer Werft.

about 5 years ago

Image showing the Mid North Sea High survey area (Courtesy of ION)

Business Developments & Projects

ION set for second phase of North Sea survey

ION has finalised plans to launch the second phase of its North Sea 3D multi-client program, selecting Shearwater GeoServices again to acquire the survey data.

about 5 years ago

Business Developments & Projects

Meriaura Group working on a 100% carbon neutral transport concept

Finnish shipping outfit Meriaura Group has started the preparation and design of a transport concept that is to achieve 100 per cent carbon neutrality.

about 5 years ago

Business Developments & Projects

Wintershall Dea, VNG invest in UK’s hydrogen player HiiROC

German gas companies Wintershall Dea and VNG have jointly invested in HiiROC, a Hull-based hydrogen technology partner.

about 5 years ago

Illustration/SIMEC Atlantis' AR1500 tidal turbine (Courtesy of SIMEC Atlantis Energy)

Business Developments & Projects

UK: MPs urge government to seize tidal power potential

The Environmental Audit Committee (EAC) has in a letter to UK Business Secretary Kwasi Kwarteng emphasised the substantial potential of the tidal power sector to contribute to the UK’s renewable energy mix.

about 5 years ago