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Business Developments & Projects

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DecommissioningFossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationFPSO & VesselsOffshore WindOutlook & StrategyTransitionVesselsMarine EnergyTidal & Wave EnergyTechnologySeismicSubseaInfrastructureInnovationMarket OutlooksClean FuelLNGGreen MarinePropulsionResearch & DevelopmentProject & TendersOperations & Maintenance
The Veslefrikk field in the North Sea. (Photo: Equinor/Øyvind Hagen)
Business Developments & Projects

Equinor to shut down Veslefrikk field after 30 years

After more than 30 years on stream and over 400 million barrels of oil equivalent, Equinor is planning for the shutdown of the Veslefrikk field.

about 5 years ago
CNOOC hits large oil and gas find in Bohai Bay
Business Developments & Projects

CNOOC hits large oil and gas find in Bohai Bay

CNOOC Limited has made a large-sized oil and gas discovery Bozhong 13-2 in Bohai Bay located offshore China.

about 5 years ago
BW Offshore
Business Developments & Projects

After a rocky start to the year, BW Offshore moves to seize energy transition opportunities

After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition.

about 5 years ago
Illustration (Courtesy of Oscilla Power)
Business Developments & Projects

Oscilla Power extends crowdfunding campaign amid rising public interest

US-based wave energy developer Oscilla Power has decided to extend its crowdfunding campaign on MicroVentures to accommodate the rising interest from the investors. After reaching the crowdfunding target of almost $140,000 in its second campaign, conducted to raise funds to complete the construction

about 5 years ago
Carbon Capture and Storage Illustration
Business Developments & Projects

Marine seismic industry exploring energy transition arena

As the world continues its race to a net zero future, identifying potential carbon and hydrogen storage sites as well as deep-sea mineral deposits will be vital to meet emissions abatement targets for 2050 and beyond. Existing and future marine seismic data can massively improve assessments of the s

about 5 years ago
Tellurian cuts debt by $57 million
Business Developments & Projects

Tellurian cuts debt by $57 million

US LNG export project developer, Tellurian has reduced its debt by $57 million.

about 5 years ago
WinGD launches four new X72DF engine options
Business Developments & Projects

WinGD launches four new X72DF engine options

Marine engine developer WinGD updated its best-selling X72DF dual-fuel engine platform with four versions to provide ship design flexibility while reducing installed power and emissions.

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

Petronas awards block off Malaysia to ConocoPhillips

Malaysian energy giant Petronas has awarded Block SB405 offshore Malaysia to ConocoPhillips and Petronas Carigali Sdn. Bhd.

about 5 years ago
The Shell-operated Appomattox deep-water asset.
Business Developments & Projects

Big oil output to peak lower and earlier than expected, Rystad says

The world’s oil and gas industry’s production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows.

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

Woodside to go ahead with Myanmar exploration plans regardless of coup

Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and would not affect its offshore drilling plans.

about 5 years ago
Cold snap causes force majeure at Cameron LNG
Business Developments & Projects

Cold snap causes force majeure at Cameron LNG

Sempra Energy’s Cameron LNG facility has reportedly declared force majeure on cargo loadings.

about 5 years ago
Worley
Business Developments & Projects

Worley lands five-year services deal with Chevron

Worley has been awarded a global contract for early-phase engineering services by Chevron, through its Chevron Technical Centre division.

about 5 years ago
Illustration/Exowave power plant (Courtesy of Exowave)
Business Developments & Projects

Exowave bags Innobooster funding

Danish clean energy technology start-up Exowave has won an Innovation Fund Denmark grant for its project that combines wave energy with desalination for fresh water production.

about 5 years ago
JAXPORT marks LNG bunkering milestone
Business Developments & Projects

JAXPORT marks LNG bunkering milestone

JAX LNG and TOTE Services recently completed their first ship-to-ship liquefied natural gas (LNG) bunkering of a foreign-flagged vessel at the Jacksonville Port Authority (JAXPORT). Crews loaded 1,800 cubic meters (450,000 gallons) of LNG from North America’s first LNG bunker barge, the Clean Jackso

about 5 years ago
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