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Business Developments & Projects

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Valaris JU-110
Business Developments & Projects

Valaris rig booked for three-year job in Qatar

Offshore drilling contractor Valaris has been awarded a three-year contract with North Oil Company offshore Qatar.

about 5 years ago
UK-Germany interconnector secures Ofgem licence
Business Developments & Projects

UK-Germany interconnector secures Ofgem licence

Ofgem has granted an updated UK Interconnector Licence for the NeuConnect interconnector between the UK and Germany. NeuConnect was first awarded an interconnector licence in 2018 but it was necessary for the project to seek variations to Ofgem’s existing Cap and Floor regulations. In May 2020, Ofge

about 5 years ago
venting and flaring guidance - OGA UK
Business Developments & Projects

UK’s OGA orders zero routine flaring & venting for all by 2030 latest

UK’s Oil and Gas Authority has issued an updated guidance on flaring and venting, which sets out a tougher approach to driving reductions.

about 5 years ago
Fertiglobe and TA’ZIZ join in on blue ammonia project in UAE
Business Developments & Projects

Fertiglobe and TA’ZIZ join in on blue ammonia project in UAE

Fertiglobe, a strategic partnership between OCI and ADNOC, will join the blue ammonia production project at TA’ZIZ in Ruwais, Abu Dhabi.

about 5 years ago
Photo showing the deployment of test samples at Paimpol-Bréhat site (Courtesy of TIGER)
Business Developments & Projects

TIGER research set to improve quality of tidal turbine blades

Le Havre Normandy University is carrying out a study at the Paimpol-Bréhat tidal test site which could contribute to the improvement of the quality of tidal turbine blades as part of the EU-backed cross-border Tidal Stream Industry Energiser Project (TIGER).

about 5 years ago
Solstad Offshore
Business Developments & Projects

Solstad Offshore gets rid of third PSV in two months

Norwegian shipowner Solstad Offshore has sold one of its platform supply vessels (PSV), making it the third vessel sale in two months.

about 5 years ago
Mayflower Autonomous Ship, beset with glitch, sails back to England
Business Developments & Projects

Mayflower Autonomous Ship, beset with glitch, sails back to England

The Mayflower Autonomous Ship (MASS) has stopped its historic transatlantic crossing of the Atlantic Ocean three days after the initial launching due to “a small mechanical problem.”

about 5 years ago
OPT’s PB3 operating in North Sea for Premier Oil (Courtesy of OPT)
Business Developments & Projects

Ocean Power Technologies makes top management changes

U.S.-based marine energy company Ocean Power Technologies (OPT) has appointed new president and chief executive officer, along with other executive management changes.

about 5 years ago
OMV Petrom goes into LNG distribution
Business Developments & Projects

OMV Petrom goes into LNG distribution

South-Eastern Europe’s largest integrated energy company OMV Petrom has obtained a license to commercialize LNG.

about 5 years ago
FPSO Miamte MV34 - Dyna-Mac
Business Developments & Projects

Dyna-Mac secures more FPSO work

Singapore’s Dyna-Mac has secured additional work scope from existing customers, for a total provisional contract sum of about $6 million.

about 5 years ago
Illustration/HydroQuest's tidal turbine (Courtesy of Ocean Energy Europe)
Business Developments & Projects

Ocean energy industry delivers ‘how-to’ guide for reaching Europe’s 100MW by 2025 target

Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.

about 5 years ago
ExxonMobil
Business Developments & Projects

ExxonMobil white-collar jobs at risk amid performance review start

Energy supermajor ExxonMobil is preparing to reduce its U.S. offices headcount by up to 10 per cent annually for the next three to five years.

about 5 years ago
Safe Bulkers
Business Developments & Projects

Safe Bulkers refinances fleet of 8 vessels

Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.

about 5 years ago
Ulstein
Business Developments & Projects

Ulstein to design non-fossil fuelled X-Bow containership for Edge Navigation

Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.

about 5 years ago
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