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Business Developments & Projects

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An image showing the extended feasibility study areas at Bornholm Energy Island shaded in orange areas
Business Developments & Projects

Danes eyeing extra gigawatt of offshore wind at Bornholm Energy Island

The Danish Ministry of Climate, Energy and Utilities has requested Energinet to expand the current feasibility study areas at the Bornholm Energy Island site in the Baltic Sea, which could allow for installing 1 GW of offshore wind capacity more and also be the new place where the Hesselø project co

about 5 years ago
FPSO Kwame Nkrumah on the Jubilee field
Business Developments & Projects

Occidental sells stakes in two Ghana fields for $750 million

Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and GNPC.

about 5 years ago
TECO 2030
Business Developments & Projects

TECO 2030 fuel cells for Chemgas Shipping’s hydrogen-powered vessels

Norwegian maritime cleantech company TECO 2030 ASA has signed a supply frame agreement with the Dutch shipowner Chemgas Shipping BV for the delivery of fuel cell modules.

about 5 years ago
Shearwater-begins-another-monitor-survey-for-TotalEnergies-off-Angola
Business Developments & Projects

Shearwater on survey duty for TotalEnergies off Angola

Shearwater GeoServices has begun a 4D monitor survey for TotalEnergies at the Louro-Mostarda development areas of Block 32 offshore Angola.

about 5 years ago
Repsol invests €2.549 billion in renewable hydrogen push
Business Developments & Projects

Repsol invests $2.96 billion in renewable hydrogen push

Spanish oil and gas company Repsol says it will invest €2.549 billion ($2.958 billion) in the entire hydrogen value chain by 2030. Renewable hydrogen is one of Repsol’s strategic pillars to achieve zero emissions by 2050. Thus, the company presented its hydrogen strategy for up to 2030 Its goal is t

about 5 years ago
Cliff Head platform - Triangle Energy
Business Developments & Projects

BP signs up for all crude oil from Cliff Head field

Oil major BP has entered into an agreement to buy all the crude oil produced from the Cliff Head field, located offshore Australia.

about 5 years ago
AET
Business Developments & Projects

AET wraps up its first-ever US LNG bunkering

AET, a Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has completed its first-ever LNG bunkering in the United States.

about 5 years ago
Photo of Patrik Möller, CEO of CorPower Ocean (Courtesy of SKF/Photo by Content Avenue AB)
Business Developments & Projects

CorPower on board European Commission’s renewed Clean Energy Industrial Forum

Swedish wave energy company CorPower Ocean has been appointed to the European Commission’s renewed Clean Energy Industrial Forum.

about 5 years ago
Rolls-Royce
Business Developments & Projects

Rolls-Royce new member of ITF Corporate Partnership Board

Technology company Rolls-Royce has joined the Corporate Partnership Board of the International Transport Forum (ITF) to work together with the ITF on transport decarbonisation, innovation and digitalisation.

about 5 years ago
Staatsolie
Business Developments & Projects

Suriname’s Staatsolie inks 30-year PSC with Chevron

Suriname’s Staatsolie has signed a 30-year production sharing contract with oil major Chevron for Block 5 located offshore Suriname.

about 5 years ago
Golar secures a 1-year fixed time charter its LNG carrier
Business Developments & Projects

Golar secures a 1-year fixed-time charter for LNG carrier

LNG shipper Golar has secured a one-year fixed-time charter for one of its LNG carriers, generating approximately $36.5 million of revenue.

about 5 years ago
A photo of a Shell logo at an offshore energy trade show
Business Developments & Projects

DOE picks Shell-led consortium to prove LH2 storage technology

The U.S. Department of Energy (DOE) has selected Shell-led consortium to demonstrate the feasibility and cost-effectiveness of large-scale liquid hydrogen (LH2) storage tank.

about 5 years ago
Photo showing the UniWave200 wave energy device (Courtesy of Wave Swell Energy)
Business Developments & Projects

UniWave200 device picks up pace of clean power generation from waves

Wave Swell Energy’s (WSE) wave energy demonstration project at King Island, featuring the UniWave200 device, has seen significant and vital progress in recent weeks.

about 5 years ago
Subsea 7 and NOC set up research alliance to improve global ocean understanding
Business Developments & Projects

Subsea 7 and NOC set up research alliance for better ocean understanding

Subsea 7 and the UK’s National Oceanography Centre (NOC) have launched a research alliance focused on improving the scientific understanding of global oceans for a sustainable marine future. The BORA Blue Ocean Research Alliance will accelerate the knowledge of global ocean processes through a numbe

about 5 years ago
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