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Business Developments & Projects

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Photo of Feritech core sampling equipment in action off the coast of Africa (Courtesy of Feritech Global)
Business Developments & Projects

Marine-i backs world-first geotechnical subsea vehicle

Marine-i has agreed to support marine engineering specialist Feritech Global in its plan to create the world’s first autonomous subsea vehicle specially designed for geotechnical survey work.

about 5 years ago
Illustration; Source: ExxonMobil
Business Developments & Projects

Activist firm calls for ousting of four ExxonMobil board members

Activist firm Engine No. 1 has named directors it wants shareholders to remove from the board of directors of ExxonMobil at the oil major’s upcoming annual general meeting.

about 5 years ago
Offshore wind top earner at Van Oord in 2020
Business Developments & Projects

Offshore wind top earner at Van Oord in 2020

The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded € 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to € 571 million reported in 2019. The division’s operati

about 5 years ago
Swift 10 - Swift Drilling
Business Developments & Projects

Swift Drilling hired for long-term P&A job in North Sea

Swift Drilling has been awarded a long-term contract by Wintershall Noordzee to perform a plug and abandonment campaign in the Dutch and German North Sea.

about 5 years ago
Santos' shareholders to vote on Climate Change Report
Business Developments & Projects

Santos boost transparency in climate change battle

Australian energy major Santos said it would let shareholders cast a non-binding advisory vote on its climate change report in 2022 as it makes the push towards net-zero emission by 2040.

about 5 years ago
Australia’s-First-Offshore-Wind-Project-Selects-Transmission-Route
Business Developments & Projects

Australia’s first offshore wind project selects transmission route

Star of the South Wind Farm has selected a transmission route for Australia’s first offshore wind farm following a 12-month assessment. The transmission route would come to shore around Reeves Beach and travel underground through Darriman, Giffard West and Hiamdale, connecting into the grid in the L

about 5 years ago
Sif Group Skybox
Business Developments & Projects

Sif acquires KCI the engineers

Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which ba

about 5 years ago
NFE reaches FID on its first Fast LNG plant
Business Developments & Projects

NFE reaches FID on its first Fast LNG plant

New Fortress Energy has reached the final investment decision on its first Fast LNG modular liquefaction facility. The company noted the 1.4 million tonnes per annum capacity modular liquefaction facility aims to deliver LNG volumes to its growing customer base. The Fast LNG design pairs the latest

about 5 years ago
Claymore; Source: Repsol Sinopec Union Jack
Business Developments & Projects

Union Jack Oil buys royalties from three North Sea fields

Onshore-focused exploration and production company Union Jack Oil has acquired a royalty interest in revenues generated from three fields in the Central North Sea.

about 5 years ago
GE Renewable Energy plans hiring spree at blade manufacturing plant
Business Developments & Projects

GE Renewable Energy plans hiring spree at blade manufacturing plant

GE Renewable Energy plans to recruit 300 employees at its LM Wind Power wind turbine blade manufacturing site in Cherbourg, France, in 2021. The expanded production workforce will allow LM Wind Power to meet the growing industry demand for offshore wind equipment, the company said. The factory curre

about 5 years ago
Tidewater
Business Developments & Projects

Tidewater promotes two key members of executive team

U.S. offshore support vessel operator Tidewater has promoted two key members of the company’s executive team, Sam R. Rubio and David E. Darling.

about 5 years ago
U.S. LNG exports edge up in January 2021
Business Developments & Projects

U.S. LNG exports edge up in January 2021

The United States liquefied natural gas (LNG) export facilities have continued to up their LNG export volumes in the first month of the year 2021.

about 5 years ago
Petrofac
Business Developments & Projects

Petrofac suspended from competing for new ADNOC contracts

Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.

about 5 years ago
Endiprev-Completes-Installation-Test-for-First-French-Offshore-Wind-Farm
Business Developments & Projects

Endiprev completes installation test for first French offshore wind farm

Endiprev has carried out the installation test for the 480 MW Saint-Nazaire project, set to be the first commercial-scale wind farm installed in French waters. Endiprev France concluded the installation test in the Antwerp Port, during which the team investigated if the T1 and the transition piece f

about 5 years ago
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