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Business Developments & Projects

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Clean FuelLNGSubseaProject & TendersFossil EnergyOil & GasBusiness & FinanceGreen MarineInfrastructureVesselsRigsInnovationEquipmentOperations & MaintenanceTechnologyOffshore WindSafetyMarine EnergyTidal & Wave EnergyExploration & ProductionOther Fuels
Seasystems gets LNG FSU mooring equipment deal from DSME
Business Developments & Projects

Seasystems gets LNG FSU mooring equipment deal from DSME

South Korean shipbuilder DSME has tagged Scana-owned Seasystems for the delivery of mooring equipment and analyses for two floating LNG storage units.

about 6 years ago
Illustration; Western Isles FPSO; Source: Dana Petroleum
Business Developments & Projects

Dana Petroleum picks new chief executive officer

Aberdeen-headquartered oil and gas company Dana Petroleum has appointed a new chief executive officer (CEO) of the company.

about 6 years ago
Tanker
Business Developments & Projects

Stolt Tankers to buy CTG’s chemical tanker fleet

Norwegian shipping company Stolt-Nielsen Limited revealed today that Stolt Tankers B.V. has agreed to acquire five chemical tankers from Chemical Transportation Group (CTG) for trading in the Stolt Tankers Joint Service.

about 6 years ago
One of Borr's jack-up rigs
Business Developments & Projects

Borr Drilling sees early signs of recovery despite 2Q loss

Borr Drilling booked a loss in the second quarter of the year as its revenues dropped, but the driller still sees early signs of recovery in the industry.

about 6 years ago
Tunable and Höegh LNG test gas analyser onboard FSRU Höegh Galleon
Business Developments & Projects

Tunable and Höegh LNG test gas analyser onboard FSRU Höegh Galleon

Norwegian pair, Tunable and Höegh LNG have concluded a joint field trial for continuous online monitoring of the composition and calorific value of natural gas.

about 6 years ago
Equinor in first-ever drone transport to offshore field
Business Developments & Projects

Equinor in first-ever drone transport to offshore field

Norwegian oil and gas company Equinor has completed a logistics operation with a drone to an offshore installation in the North Sea offshore Norway.

about 6 years ago
Awilco LNG posts second-quarter loss
Business Developments & Projects

Awilco LNG posts second-quarter loss

Norwegian LNG transportation provider Awilco reported a net loss for the second quarter of 2020 as the COVID-19 pandemic impacted global economic activity and energy demand.

about 6 years ago
Advanced Insulation invests in new facility due to increase in subsea demand
Business Developments & Projects

Advanced Insulation invests in new facility due to increase in subsea demand

Advanced Insulation has invested over £8 million pounds in a new facility in Gloucester, due to the steadily increasing demand for its subsea buoyancy products. The company recently signed a ten-year lease for a new 65,000sq ft factory close to its UK head office. The expansion into the new unit wil

about 6 years ago
LNG carrier SCF Mitre
Business Developments & Projects

Sovcomflot’s profit rockets

Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8 per cent year

about 6 years ago
Ørsted launches safety training program
Business Developments & Projects

Ørsted launches safety training program

Ørsted has launched an immersive safety training program called Thrive in the Humber region, UK. Located at the MODAL Training Centre in Immingham, the purpose-built facility was created in partnership with training specialists Active Training Team (ATT). Ørsted will initially induct all personnel w

about 6 years ago
Sabella to participate in Selkie demonstration project
Business Developments & Projects

Sabella to participate in Selkie demonstration project

Sabella has secured its place in a pilot demonstration project, the SELKIE cross-border project, aiming to boost the marine energy industry in Wales and Ireland, following a tender call for participation. Sabella is a tidal technology designer and developer based in Brittany, northern France. The co

about 6 years ago
IOG's Core Project Phase 1
Business Developments & Projects

IOG to award North Sea rig contract in coming weeks

Independent Oil and Gas (IOG) expects to award a contract for a drilling rig for its Core Project located in the Southern North Sea (SNS) “in the coming weeks”.

about 6 years ago
Nordic Pia
Business Developments & Projects

COVID-19 hinders Nordic Shipholding’s merger talks

Discussions on a potential merger between Danish shipowner Nordic Shipholding and an unidentified tanker firm have been delayed due to the impact of COVID-19 pandemic, the company said. “The majority shareholder of the company had commenced merger discussions with a potential entity since late 2019.

about 6 years ago
Gazprom bags VEB funds for Ust-Luga LNG project
Business Developments & Projects

Gazprom bags VEB funds for Ust-Luga LNG project

Russian giant Gazprom has secured funds from its compatriot development bank, VEB, for its large liquefied natural gas export project in the Baltic port of Ust-Luga.

about 6 years ago
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