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Business Developments & Projects

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Tanjung Offshore scores Malaysian deals with Petronas and PTTEP
Business Developments & Projects

Tanjung Offshore scores Malaysian deals with Petronas and PTTEP

Tanjung Offshore has received letters of award worth around $36 million in total from Petronas and PTTEP for work in Malaysia.

about 5 years ago
Peel Ports signs new sediment management pledge
Business Developments & Projects

Peel Ports signs new sediment management pledge

Peel Ports has signed an international sediment management pledge to more effectively manage the disposal of sediments as part of the necessary dredging of its ports and harbours. The initiative, from Navigating a Changing Climate (a Global Climate Action partnership) and SedNet (a European Sediment

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about 5 years ago
Photo showing the newly built wave energy plant in South Korea (Courtesy of The Ministry of Oceans and Fisheries of South Korea)
Business Developments & Projects

Brand new wave energy plant emerges in Far East

South Korea has completed the construction of a wave energy demonstration plant, equipped with energy storage system, on one of the islands of the Chuja archipelago in the Jeju Strait.

about 5 years ago
West Cobalt drillship - Turkey
Business Developments & Projects

Turkey now boasts a fleet of four rigs as ex-Vantage drillship finally finds home

Turkey’s oil and gas giant TPAO has added another deepwater drillship to its fleet of drilling rigs, which are working in the Black Sea.

about 5 years ago
Russia
Business Developments & Projects

Russia: Agreement signed for 1st deepwater port complex in the Baltics

Russia’s federal agency FSUE Rosmorport and Primorsky Universal Transshipment Complex (Primorsky UPK) have signed an agreement to develop the first deepwater universal seaport complex in the Baltic Sea.

about 5 years ago
Stena Forth - ExxonMobil
Business Developments & Projects

ExxonMobil takes Stena drillship for Canadian well

Offshore drilling contractor Stena Drilling has signed a contract for one of its drillships with ExxonMobil in Canada.

about 5 years ago
Baltic Pipe now connecting Polish and Danish coasts
Business Developments & Projects

Baltic Pipe now connecting Polish and Danish coasts

The construction of the Baltic Pipe offshore section has been completed as the last weld was made on the gas pipeline connecting the coasts of Denmark and Poland.

about 5 years ago
Ichthys Explorer - Inpex - McDermott
Business Developments & Projects

McDermott lands another Ichthys contract

McDermott has won an EPC project after completing FEED services for a booster compression module for Inpex’s Ichthys LNG project.

about 5 years ago
Stolt Tankers
Business Developments & Projects

Stolt Tankers cuts annual CO2 emissions by 6 pct

Stolt Tankers, part of Stolt-Nielsen Limited, has reduced its fuel consumption by 6% compared to 2020, the latest figures show.

about 5 years ago
Statnett’s record revenues from interconnectors to reduce grid tariffs
Business Developments & Projects

Statnett’s record revenues from interconnectors to reduce grid tariffs

Statnett has reported record revenue of nearly NOK 3 billion (around $331.8 million) so far from interconnectors to other countries which will be passed on to Norwegian consumers through a reduction in grid tariffs.

about 5 years ago
Danfoss to boost marine electrification in China with latest deal
Business Developments & Projects

Danfoss to boost marine electrification in China with latest deal

Danish engineering company Danfoss has signed a cooperation agreement with Chinese shipyard Zhenjiang Shipyard to quicken the rate of electrification in the Chinese marine industry.

about 5 years ago
Active fleet steers Subsea 7 figures forward
Business Developments & Projects

Active fleet steers Subsea 7 quarterly figures forward

Subsea 7 has reported a revenue of $1.45 billion for the third quarter of 2021, up 53% year-on-year, said to be driven by the very high utilization of the active fleet.

about 5 years ago
ADNOC
Business Developments & Projects

ADNOC hands out $1.5 billion in new deals to progress mega gas project

ADNOC has awarded two engineering, procurement, and construction (contracts totalling $1.46 billion for the Dalma Gas Development Project.

about 5 years ago
DNG Energy welcomes South Africa’s 1st LNG consignment
Business Developments & Projects

DNG Energy welcomes South Africa’s 1st LNG consignment

South African LNG infrastructure provider DNG Energy has received South Africa’s first-ever consignment of LNG from Rotterdam, marking a milestone for South Africa‘s energy market.

about 5 years ago