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Business Developments & Projects

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ION Geophysical
Business Developments & Projects

ION Geophysical receives NYSE listing notice

Texas-based ION Geophysical has received a written notice from the New York Stock Exchange (NYSE) that the company is not in compliance with the continued listing standards.

about 4 years ago
U.S. needs better mechanisms to quell funding concerns over carbon capture and storage projects totalling $1.1 bln so far
Business Developments & Projects

U.S. needs better mechanisms to oversee funding of CCS projects, GAO warns

The U.S. Government Accountability Office has expressed its concerns about DOE’s management of the funding of CCS demonstration projects.

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about 4 years ago
Sumitomo and Keppel O&M join in on ammonia bunkering in Singapore
Business Developments & Projects

Sumitomo and Keppel O&M join in on ammonia bunkering in Singapore

Sumitomo Corporation and Keppel Offshore & Marine have signed a memorandum of understanding (MoU) to explore the feasibility and implementation of ammonia fuel in Singapore.

about 4 years ago
Höegh LNG Partners updates on FSRU Lampung refinancing
Business Developments & Projects

Höegh LNG Partners updates on FSRU Lampung refinancing

Bermuda-based Höegh LNG Partners has completed a refinancing of the commercial tranche of its PGN FSRU Lampung debt facility and the refinancing of the Neptune debt facility.

about 4 years ago
Magseis Fairfield
Business Developments & Projects

Magseis Fairfield entering 2022 with new OBN deal

Norwegian seismic company Magseis Fairfield has been awarded a 3D ocean bottom node (OBN) contract by an undisclosed client.

about 4 years ago
Aqua
Business Developments & Projects

Aqua, Tritium partner up to power electric boats

London-based marine fast-charging network operator, Aqua superPower, and Tritium Holdings, an Australian developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), have joined forces to electrify transportation on global waterways.

about 4 years ago
Sembcorp Marine subsidiary
Business Developments & Projects

Sembcorp Marine’s subsidiary faces arbitration over allegations of breach and payment claims

Jurong Shipyard is facing arbitration under four separate contracts due to allegations of a breach of contract and payment claims.

about 4 years ago
In focus: Energy transition driven by global innovations and collaborations
Business Developments & Projects

In focus: Global innovations and collaborations take the wheel of energy transition

The direction of the global transition to clean energy is getting more refined each week, as more of the world’s energy majors start investing in innovation and collaboration to shift energy production away from GHG-heavy sources.

about 4 years ago
Buzzard oil & gas field in the UK North Sea
Business Developments & Projects

Plans are in motion to electrify giant North Sea oil & gas field with floating wind farm

CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.

about 4 years ago
Fluxys awards MT Group Zeebrugge LNG terminal contract
Business Developments & Projects

Fluxys awards MT Group Zeebrugge LNG terminal contract

Fluxys Belgium, the operator of the Zeebrugge LNG terminal, has awarded Lithuanian energy infrastructure company MT Group a contract to work on the terminal expansion.

about 4 years ago
A map showing Sea Stacks offshore wind project location
Business Developments & Projects

ESB applies for offshore wind site investigation permit in Ireland

ESB Wind Development Limited, a wholly owned subsidiary of Irish utility company ESB, has applied for a licence to carry out site investigations for its Sea Stacks Offshore Wind project, one of the projects on which the company was joined by Equinor, before the Norwegian developer decided to withdra

about 4 years ago
West Bollsta rig
Business Developments & Projects

Odfjell Drilling replaces Seadrill as rig manager for Northern Ocean

Offshore drilling contractor Northern Ocean has reached an agreement with Odfjell Drilling for the management of two of its rigs.

about 4 years ago
Photo showing Fred Gardner (Courtesy of Symphony Wave Power)
Business Developments & Projects

Wave energy parks with Symphony devices may emerge in North Sea by 2023

Wave energy parks, equipped with Symphony Wave Power devices, could emerge in the North Sea in 2023, according to the company’s founder Fred Gardner.

about 4 years ago
Jadestone CFO to take over same role at Cooper
Business Developments & Projects

After leaving Jadestone, CFO to take the same role at Cooper Energy

Cooper Energy has revealed it will be getting a new CFO in the spring of next year by hiring the current CFO of Jadestone for the role.

about 4 years ago