Business Developments & Projects
Odfjell Drilling mulls splitting into two groups to think beyond core services
Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.
N-Sea targets better subsea solutions with newly chartered vessel
N-Sea Group has signed a long-term vessel agreement with EDT Offshore for an advanced DP-3 multi-purpose offshore support vessel with a track record in subsea services.
U.S. Navy starts WETS upgrades as Triton-C undergoes final pre-deployment tests
Oscilla Power is finalizing pre-deployment activities for its Triton-C wave energy device that will be deployed at U.S. Navy’s WETS site in Hawaii once the ongoing infrastructure upgrades are completed.
TotalEnergies selling third of its stake in Greater Laggan Area fields to Kistos
London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies.
Sempra and Entergy Louisiana join in on renewable energy
U.S. LNG infrastructure company Sempra has signed a memorandum of understanding (MoU) with Entergy Louisiana to accelerate the deployment of renewable energy for facilities like Cameron LNG.
EPCI cable package management contract awarded for Taipower OW Phase II
The EPCI cable package management contract for inter-array and export cables at Taipower Offshore Wind Project Phase II (TPC Changhua Phase II) has been awarded to the Netherlands-based CrocWorks.
Ocean Oasis scores €2.5M to ramp up wave-powered desalination unit
Norwegian company Ocean Oasis has secured €2.5 million from the European Innovation Council (EIC) Accelerator to advance its wave energy-powered desalination technology.
Woodside awards Svitzer towage contract for Western Australia LNG terminal
Svitzer, towage operator and part of Maersk, will provide services to Woodside Energy’s LNG export operations in the Port of Dampier, starting from the end of 2023.
FAR ponders takeover bid from Australian investment fund
FAR will contemplate an off-market takeover offer from Samuel Terry Asset Management prior to making a recommendation to its shareholders.
COSCO Shipping Ports, Zeebrugge Port extend container terminal concession
Port operator COSCO Shipping Ports Limited and Belgium’s Port of Zeebrugge have agreed to extend the concession of CSP Zeebrugge Terminal by 15 years to 2055.
Aker, Altera, Höegh LNG join on CCUS
Aker Carbon Capture, Altera Infrastructure and Höegh LNG will collaborate to explore a full value chain offering for carbon capture, utilization, and storage (CCUS).
PGS scores 4D GoM deal as seismic market bounces back
Norwegian seismic company Petroleum Geo-Services (PGS) has secured a contract with an undisclosed client to conduct a 4D seismic survey in the Gulf of Mexico.
China, US to create world’s 1st transpacific green shipping corridor
Los Angeles and Shanghai have announced a partnership of cities, ports, shipping companies and a network of cargo owners to create a first-of-its-kind green shipping corridor on one of the world’s busiest container shipping routes.
Regulator assessing Jadestone’s environment plan for drilling off Australia
NOPSEMA is assessing Jadestone Energy’s environment plan for drilling operations at the Stag field, located offshore Western Australia.