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Business Developments & Projects

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Oceaneering readies for annual subsea wellhead removal ops
Business Developments & Projects

Oceaneering readies for annual subsea wellhead removal ops

Oceaneering has chartered the anchor handling tug supply vessel (AHTS) Island Valiant for subsea wellhead removal operations in the Barents Sea, Norwegian Sea, and the North Sea.

about 4 years ago
Swimsol's SolarSea installation in the Maldives (Courtesy of Swimsol)
Business Developments & Projects

Swimsol grabs $14M loan for rooftop and floating solar in the Maldives

Austrian solar energy developer Swimsol has secured $14 million loan from the Swiss sustainable asset manager responsAbility and the Development Bank of Austria (OeEB) to advance its floating solar activities in the Maldives and other island states.

about 4 years ago
NYK
Business Developments & Projects

NYK starts research on battery-hybrid system to cut ships’ GHG emissions

NYK and its group company MTI, together with ABS and WinGD, have started joint research for optimization of ship design by using a battery-hybrid system to aid ship propulsion and thus reduce GHG emissions from vessels.

about 4 years ago
Port of Rotterdam
Business Developments & Projects

WA and Port of Rotterdam to collaborate on renewable hydrogen

The government of Western Australia and the Port of Rotterdam, Europe’s largest seaport, have signed a Memorandum of Understanding (MoU) to work on renewable hydrogen projects.

about 4 years ago
DEME separates from CFE
Business Developments & Projects

DEME separates from CFE

After announcing its candidacy for the construction of an energy island in the Danish North Sea earlier this week, DEME is now separating from its parent company CFE by summer 2022. CFE’s board of directors announced today in a press release its intention to split the group into two separate listed

about 4 years ago
Novatek and PetroVietnam Power shake hands on LNG projects in Vietnam
Business Developments & Projects

PetroVietnam Power and Novatek shake hands on LNG projects in Vietnam

Russian LNG major Novatek and PetroVietnam Power, a subsidiary of state-owned PetroVietnam, have signed a cooperation agreement on LNG and power projects in Vietnam.

about 4 years ago
TechnipFMC Ghana team back on track with first subsea tree assembly in five years
Business Developments & Projects

TechnipFMC’s Ghana team marks first subsea tree assembly in five years

TechnipFMC’s Takoradi base in Ghana has completed the assembly of its first subsea tree in five years, destined for Tullow Oil’s Jubilee South East development. The tree is the first of ten being manufactured in Dunfermline, the UK, then assembled and tested in-country for Tullow’s full field develo

about 4 years ago
UK OGA
Business Developments & Projects

Report reveals decline in UK North Sea well numbers but better success rates

UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.

about 4 years ago
Teekay LNG updates on merger with Stonepeak
Business Developments & Projects

Teekay LNG Partners updates on merger with Stonepeak

Bermuda-based shipping company Teekay LNG Partners says its common unitholders voted to approve the proposed acquisition by merger of Teekay LNG by NYC-based investment firm Stonepeak.

about 4 years ago
MMA Offshore secures work on Australia’s new interconnector
Business Developments & Projects

MMA Offshore secures work on Australia’s new interconnector

Australia-based MMA Offshore has secured a contract to conduct underwater geotechnical surveys to refine the cable route for the proposed interconnection project Marinus Link.

about 4 years ago
K Line
Business Developments & Projects

K Line, BP wrap up biofuel trial on car carrier

Japanese shipping major K Line has conducted a trial use of marine biofuel which was supplied by global integrated energy company BP on its car carrier Polaris Highway.

about 4 years ago
Chevron CEO Mike Wirth
Business Developments & Projects

Chevron plans $15 billion spending budget for 2022

Chevron has revealed its 2022 organic capital and exploratory spending programme of $15 billion, at the low end of its $15-$17 billion range.

about 4 years ago
ABB
Business Developments & Projects

ABB joins project to build world’s 1st methanol-hydrogen fuel cell towboat

ABB Marine & Ports has signed a memorandum of understanding (MoU) with Maritime Partners (MP), Elliott Bay Design Group (EBDG) and e1 Marine to develop a hydrogen-powered inland towboat for operation in the U.S.

about 4 years ago
Andrew platform - BP
Business Developments & Projects

BP buying JX Nippon’s stakes in North Sea fields

UK oil and gas giant BP has agreed to buy JX Nippon’s interests in the Andrew area located in the UK North Sea.

about 4 years ago
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