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Sonardyne equips multiple vessels with latest hybrid positioning tech

Business Developments & Projects

Multiple vessels working in energy sport Sonardyne hybrid positioning tech

Sonardyne has received multiple orders for its hybrid acoustic and inertial position reference systems to be installed on a number of deepwater vessels operating in the energy and ocean research sectors. Offshore drilling contractor Noble Drilling ordered a 6G upgrade to the Marksman system onboard

about 4 years ago

Business Developments & Projects

Carnarvon in trading halt while waiting on Buffalo well results

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Carnarvon Energy has asked for an immediate trading halt of its shares pending news on the results of its Buffalo well offshore Timor-Leste.

about 4 years ago

Business Developments & Projects

Gen X Energy, ACE join in on Philippines LNG and hydrogen-fueled plant

Gen X Energy enters into a joint venture with ACE Enexor, a subsidiary of AC Energy, to develop Batangas Clean Energy LNG and green hydrogen powered plant in the Philippines.

about 4 years ago

Norwegian player to give new life to oil & gas vessel by redesigning it for offshore wind

Business Developments & Projects

Norwegian player giving new life to oil & gas vessel with conversion for offshore wind

Norside bought a platform supply vessel used in the oil and gas industry for the purpose of converting it for offshore wind ops.

about 4 years ago

Business Developments & Projects

ZIM charters three 7,000 TEU LNG dual-fuel boxships

Israeli shipping company ZIM Integrated Shipping Services has entered into a new eight-year charter agreement for three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels.

about 4 years ago

Business Developments & Projects

PGS hired for Northern Lights

Petroleum Geo-Services (PGS) has secured a contract with Equinor to carry out seismic acquisition in support of the Northern Lights carbon capture and storage project. The acquisition is scheduled to start in the second quarter of the year and will have a duration of approximately one month. Equinor

about 4 years ago

Business Developments & Projects

IHRB joins Sustainable Shipping Initiative

The Sustainable Shipping Initiative (SSI) has welcomed its newest member, the Institute for Human Rights and Business (IHRB).

about 4 years ago

Business Developments & Projects

Commonwealth to supply LNG to Woodside from Louisiana

Singapore-based unit of Australian energy major Woodside has signed a heads of agreement (HOA) with Commonwealth LNG for the supply of LNG from the proposed export terminal in Louisiana.

about 4 years ago

Business Developments & Projects

Eco increases exposure in ExxonMobil’s block off Guyana

Eco has increased its position in Guyana through the acquisition of an additional interest in the ExxonMobil-operated Canje Block off Guyana.

about 4 years ago

Tullow and Ghana Navy ink deal worth $23.5 million for safe ops in offshore fields

Business Developments & Projects

Tullow contracts Ghanaian Navy vessels to ensure safety in offshore fields

Tullow and the Ghana Navy have entered into an agreement valued at $23.5 million for the provision of security services in Ghanian waters.

about 4 years ago

Business Developments & Projects

UK union slams ‘draconian’ jab or job policy by North Sea operator

Oil and gas workers’ union has called the introduction of mandatory vaccination policy by a North Sea operator “draconian.”

about 4 years ago

Business Developments & Projects

South Korea: 23 shipping companies fined $81M for price fixing

South Korean antitrust regulator has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates.

about 4 years ago

Business Developments & Projects

Port of Helsinki’s development program gets go-ahead

Finland’s Port of Helsinki has received approval for its ten-year development program from the Helsinki City Board.

about 4 years ago

Illustration/Eco Wave Power's wave energy plant in Gibraltar (Courtesy of Eco Wave Power)

Business Developments & Projects

Eco Wave Power gets to the finals of $1B Build Back Better challenge in United States

Eco Wave Power’s proposal to build a wave energy plant at the Port of Los Angeles has moved closer to realization as the project advances to the next stage of $1 billion Build Back Better challenge as part of a larger coalition led by the Los Angeles County Economic Development Corporation (LAEDC).

about 4 years ago