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Business Developments & Projects

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Harald A and B facilities - North Sea
Business Developments & Projects

Danish govt bankrolls two projects for CO2 storage in North Sea

Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

about 4 years ago
Costamare
Business Developments & Projects

Costamare orders containership fleet

Greek shipping company Costamare has signed two shipbuilding contracts for the construction of a total of eight boxships.

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about 4 years ago
Illustration (Courtesy of Deloitte)
Business Developments & Projects

Floating solar – an opportunity for all in the value chain, Deloitte finds

All energy ecosystem players have an opportunity to tap into floating solar industry’s emerging value, according to a new report by Deloitte.

about 4 years ago
Trafigura plans green hydrogen project at Australia's Port Pirie
Business Developments & Projects

Trafigura plans green hydrogen project at Australia’s Port Pirie

Swiss commodity trader Trafigura has teamed up with multi-metals firm Nyrstar and South Australia goverment for joint investment for a green hydrogen manufacturing facility in Port Pirie.

about 4 years ago
Chevron
Business Developments & Projects

Chevron Shipping commits to ship emissions reporting

Chevron Shipping Company, a California-based marine transportation unit of oil giant Chevron, has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent greenhouse gas (GHG) reporting, and improved decision-making in line with UN decarbonization targets

about 4 years ago
Perdido platform - Shell
Business Developments & Projects

Shell keen to unlock full potential of Gulf of Mexico discoveries

Shell has made a discovery at a prospect in the Gulf of Mexico, providing an opportunity to increase the output in the Perdido Corridor.

about 4 years ago
Afreximbank to support Nigeria's first FLNG with $5bn
Business Developments & Projects

Afreximbank to support Nigeria’s first FLNG with $5bn

The African Export-Import Bank (Afreximbank) has signed a $5 billion memorandum of understanding (MoU) with UTM Offshore for the support the development of Nigeria’s first floating LNG (FLNG) plant.

about 4 years ago
$1.3M available for surveys of New York Bight offshore wind areas
Business Developments & Projects

$1.3M available for surveys of New York Bight offshore wind areas

The New York State Energy Research and Development Authority (NYSERDA) has made available nearly $1.3 million to support redevelopment data collection in the New York Bight Wind Energy Areas (WEAs) to facilitate responsible offshore wind development.

about 4 years ago
Sapura 3500
Business Developments & Projects

Sapura Energy facing cash flow and liquidity issues

Malaysian oilfield services provider Sapura Energy is facing cash flow and liquidity issues exacerbated by the Covid-19 pandemic.

about 4 years ago
MPVAqua project’s offshore floating solar innovation (Courtesy of Tractebel)
Business Developments & Projects

Industry majors streamlining offshore floating solar system for Belgian North Sea

Involving major offshore industry names – like DEME, Jan de Nul, and Tractebel – the MPVAqua research project is moving forward with the development of offshore floating solar concept, designed to withstand rough environment of the Belgian North Sea.

about 4 years ago
Seaway 7 adds Zhong Neng contract to firm orders
Business Developments & Projects

Seaway 7 adds Zhong Neng contract to firm orders

Seaway 7 has confirmed the award of a contract by China Steel Power Corporation for the transport and installation of the submarine cable system for the Zhong Neng offshore wind project in Taiwan.

about 4 years ago
QatarEnergy signs long-term LNG supply deal with China's S&T
Business Developments & Projects

QatarEnergy signs long-term LNG supply deal with China’s S&T

Qatar’s state-owned oil and gas company QatarEnergy will supply one million tonnes per annum of LNG to China for a period of 15 years, under a deal with Chinese company S&T International.

about 4 years ago
The Shell-operated Shearwater asset in the North Sea - NEO Energy
Business Developments & Projects

NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

about 4 years ago
CMA CGM to boost logistics footprint with latest $3 billion deal
Business Developments & Projects

CMA CGM to boost logistics footprint with latest $3 billion deal

French shipping major CMA CGM Group has signed a purchase agreement to acquire most of Ingram Micro’s Commerce & Lifecycle Services activities (CLS), including the company’s technology logistics businesses in North America, Europe, Latin America and Asia-Pacific.

about 4 years ago