Business Developments & Projects
Guyana’s offshore workers getting first in-country oil & gas training centre
3t EnerMech plans to launch Guyana’s first oil and gas training centre in collaboration with Orinduik Development and Windsor Technologies.
Nova Innovation inks lease for 15MW tidal energy array at Yell Sound
Scottish tidal energy company Nova Innovation has secured a seabed lease from the Crown Estate Scotland to develop its largest tidal energy array to date at Yell Sound in Shetland.
Mawani, Bahri to set up integrated logistics park at Jeddah port
The Saudi Ports Authority (Mawani) has entered into a long-term agreement with the national shipping carrier Bahri to build and operate an integrated logistics park at the Jeddah Islamic Port.
Freeport LNG to expand with marine barges terminal
U.S. liquified natural gas exporter Freeport LNG wants to expand its export project in Texas with a terminal for marine barges.
Trident taps Helix for long-term field decommissioning
Helix Energy Solutions has secured a long-term field decommissioning contract with Trident Energy for the Pampo and Enchova clusters in the Campos Basin, Brazil. Helix will provide a riser-based well intervention vessel, either Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project m
Maritime tech firm Attender buys IT firm Spoolify
Rhode Island-based maritime tech firm Attender has decided to acquire Singapore-based digital business Spoolify.
Melbana expands footprint in Australia with new exploration permit
Oil and gas company Melbana Energy has been awarded an offshore petroleum exploration permit in Australian waters by NOPTA.
VesselsValue introduces ships’ energy efficiency ratings
London-based data provider VesselsValue has launched a new green product that will enable the shipping industry to meet IMO regulations.
Damen CSD450 Zephir proves success in Russian Arctic region
Despite a very tight schedule and the extremely remote location, a customised Damen cutter suction dredger 450 has been delivered to the Russian Arctic region on time. The contract for the CSD450, named Zephir, was signed in December 2020. According to Damen, the standard stock dredger had to be ada
Aker BP adds four development wells to Odfjell rig’s backlog
Aker BP will use a semi-submersible rig from Odfjell Drilling to drill four wells for its project in the North Sea.
MSC, Maersk end transpacific cooperation with SM Line
The 2M Alliance partners, Danish Maersk and Swiss Mediterranean Shipping Company (MSC), have ended their strategic cooperation with South Korean shipping company SM Line on the transpacific route.
Shell: 1st in Netherlands to offer bio-LNG
Shell said it became the first in the Netherlands to offer bio-LNG to all of its customers, following the launch of Nordsol’s bio-LNG installation in Amsterdam.
TECO 2030 in new joint venture to deploy hydrogen fuel cells in KSA
Norwegian cleantech company TECO 2030 has signed a strategic cooperation agreement with Al Misehal Group in the Kingdom of Saudi Arabia (KSA) to form a joint venture aimed at reducing environmental impact in the country and ultimately achieving net-zero by 2060.
Equinor sets sights on two North Sea wildcats
Norway’s Equinor has secured a drilling permit for two wildcat wells located in the North Sea offshore Norway.