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Business Developments & Projects

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Hutchison Ports
Business Developments & Projects

Saudi Arabian gov’t, Hutchison Ports partner up on JCPDI Port

The Saudi Arabian government and port operator Hutchison Ports have signed an agreement to invest and operate JCPDI Port which comprises multipurpose terminals within the Jazan City for Primary and Downstream Industries (JCPDI).

about 5 years ago
Illustration; Source: 3D Oil
Business Developments & Projects

3D Oil identifies potential leads in Gippsland Basin

Australian oil company 3D Oil has identified four potential leads holding a best estimate prospective resource of 370 million barrels of oil equivalent in the Gippsland Basin.

about 5 years ago
A Borssele III & IV wind turbine close up with the Blauwwind logo visible and the wind farm in the background
Business Developments & Projects

Borssele 3 & 4 offshore wind farm ready to officially enter operation

The 731.5 MW Borssele 3 & 4 wind farm off the Netherlands will be officially handed over to the Operations team on Thursday, 18 February, as all construction phase-related activities have been completed and the wind farm is now generating electricity in full capacity. The first of the project’s 77 M

about 5 years ago
Stena Forth drillship
Business Developments & Projects

Stena Drilling orders MPD system for another drillship

Offshore drilling contractor Stena Drilling has ordered a fourth managed pressure drilling (MPD) system for the Stena Forth drillship.

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

NZOG, Beach surrender deepwater permit off New Zealand

NZOG and Beach Energy, joint venture owners of the New Zealand exploration permit which holds the Barque gas prospect, have applied to relinquish the deepwater block.

about 5 years ago
JAPEX partially resumes Soma LNG ops
Business Developments & Projects

JAPEX partially resumes Soma LNG ops

Japan Petroleum Exploration (JAPEX) partially restarted operations at the Soma LNG terminal after being shut down on February 13, due to earthquake.

about 5 years ago
The Mongstad facility north of Bergen - Equinor
Business Developments & Projects

Strike averted and deal reached to avoid field shutdown

Equinor has said that there will be no strike at Mongstad refinery as the employers’ organisation and the workers’ union have managed to make a deal.

about 5 years ago
Illustration; Source: Three60 Energy
Business Developments & Projects

Three60 Energy picks EPC&C projects director

Energy services group Three60 Energy has announced a strategic addition to its engineering, procurement, construction, and commissioning (EPC&C) service line.

about 5 years ago
View from the Gullfaks A platform - Equinor
Business Developments & Projects

Equinor spent nearly $18 billion on suppliers in 2020

In 2020, Norwegian oil and gas giant Equinor purchased goods and services worth NOK 150.8 billion (about $17.8 billion) from around 8500 suppliers globally.

about 5 years ago
The green Living Stone cable laying vessel
Business Developments & Projects

Inter-array cable installation resuming soon at Moray East OWF

The second inter-array cable installation campaign will begin this month at the Moray East offshore wind farm, where the seventh wind turbine was installed on 10 February and the decommissioning of the met mast is currently underway. The first inter-array cable installation campaign, which started o

about 5 years ago
FID reached for Zeebrugge LNG regas capacity expansion
Business Developments & Projects

FID reached for Zeebrugge LNG regas capacity expansion

Gas infrastructure major, Fluxys noted it has reached a final investment decision to expand regasification capacity at the Zeebrugge LNG facility.

about 5 years ago
OGA takes proactive approach and launches probe into licence breach
Business Developments & Projects

OGA takes proactive approach and launches probe into licence breach

UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.

about 5 years ago
Illustration/ORPC's tidal energy technology. ORPC was supported in OPEN 2015 funding call (Courtesy of ORPC)
Business Developments & Projects

US allocates $100M for transformative clean energy solutions

In support of the Biden Administration’s climate innovation agenda, the U.S. Department of Energy (DOE) has set aside up to $100 million in funding for transformative clean energy technology research and development via ARPA-E OPEN 2021 funding opportunity.

about 5 years ago
Santos flags $139 mln impairment
Business Developments & Projects

Santos flags $139 mln impairment

The Australian energy major Santos expects to recognize an impairment totaling $139 million following reserves review.

about 5 years ago
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