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Business Developments & Projects

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Containerships Borealis
Business Developments & Projects

LNG-powered Containerships Borealis joins CMA CGM

Containerships, an Intra-European carrier and a subsidiary of the CMA CGM Group, recently took delivery of its fifth new containership powered by liquefied natural gas (LNG), the Containerships Borealis.

about 5 years ago
Shell Olympus platform in the Gulf of Mexico
Business Developments & Projects

Shell picks helicopter operator for Gulf of Mexico

Oil major Shell has selected U.S. offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico. Announcing the contract on Monday, Airbus said it marks the entry into the oil and gas market of the H160 with design features promising new levels of

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about 5 years ago
Location of Enterprise field; Source: Beach Energy
Business Developments & Projects

Beach reveals size of Otway basin discovery off Australia

Australian oil and gas company Beach Energy has announced reserves in the nearshore Enterprise gas field located in the Victorian Otway Basin offshore Australia.

about 5 years ago
Global Energy Group's Port of Nigg site
Business Developments & Projects

Offshore Wind Growth Partnership grants € 1.5 million to 12 UK companies

The Offshore Wind Growth Partnership (OWGP), established as part of the Offshore Wind Sector Deal and funded by members of the Offshore Wind Industry Council (OWIC), has awarded twelve UK companies a total of GBP 1.3 million (around € 1.5 million) in funding and business improvement support. “These

about 5 years ago
Floating Solar Energy Hybrid Project illustration (Courtesy of The Marine Institute)
Business Developments & Projects

Irish company designs floating solar platform for green hydrogen production

SolarMarine Energy, an Irish start-up based in Co Mayo, has designed an innovative floating hybrid renewable energy system which could offer sustainable low carbon solution for Irish coastal communities.

about 5 years ago
Montrose field in the North Sea - Repsol Sinopec
Business Developments & Projects

Repsol Sinopec, TechnipFMC, Petrofac in pact to boost recovery in North Sea

Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS

about 5 years ago
BOEM rescinds Record of Decision (ROD) for the Gulf of Mexico Oil and Gas Lease Sale 257.
Business Developments & Projects

U.S. pauses planning for March oil and gas lease sale

Due to Biden’s plans to pursue a clean energy future, the U.S. government has rescinded the Record of Decision for the Gulf of Mexico oil & gas lease sale.

about 5 years ago
Transocean is retiring Leiv Eiriksson rig
Business Developments & Projects

Transocean adds more work to backlog, retires Leiv Eiriksson rig

Transocean has secured new contracts for its fleet, bringing the total backlog to $7.8 billion, but it has also decided to retire the Leiv Eiriksson.

about 5 years ago
self-unloader
Business Developments & Projects

CSL, Windsor Salt join forces to build eco-friendly self-unloader

Canadian shipping company Canada Steam Ship Lines (CSL) and compatriot salt manufacturer K+S Windsor Salt Ltd. (Windsor Salt) have entered into a strategic partnership to build a new, eco-friendly self-unloading ship.

about 5 years ago
Photo of Simec Atlantis' AR500 ahead of installation in Japan (Courtesy of Kyuden Mirai Energy)
Business Developments & Projects

Simec Atlantis tidal kit starts producing power in Japan

The AR500 tidal energy generation system, designed and built by Simec Atlantis Energy, has started generating clean electricity in Japan following its installation off Goto Island chain late in January.

about 5 years ago
An image illustrating green hydrogen as green drops
Business Developments & Projects

Royal HaskoningDHV to work on Europe’s largest offshore wind-to-hydrogen project

Royal HaskoningDHV has been awarded a contract for environmental consultancy services for NortH2, a large offshore wind-to-hydrogen project being developed by a consortium comprising Shell, Gasunie, Equinor, and RWE, and supported by Groningen Seaports and Province of Groningen. “We are thrilled to

about 5 years ago
Illustration; Image by Zoran Tarade (with permission from photographer)
Business Developments & Projects

Carnarvon farms out Buffalo stake to Advance. New well set for 2H 2021

Australian oil exploration company Carnarvon Petroleum has farmed out up to 50 per cent interest in the Buffalo project offshore Timor-Leste to Advance Energy with drilling of a new well on the field set for later this year.

about 5 years ago
JAPEX suspends Soma LNG terminal ops following earthquake
Business Developments & Projects

JAPEX suspends Soma LNG terminal ops following earthquake

Japan Petroleum Exploration (JAPEX) has shut down its Soma LNG facility following a 7.3 magnitude earthquake.

about 5 years ago
Belgium and Denmark subsea power link map
Business Developments & Projects

Belgium and Denmark exploring subsea power link

Belgian system operator Elia and its Danish counterpart Energinet have launched a feasibility study for a subsea cable between the two countries that would link the high-voltage grids over a distance of more than 600 kilometres. The TSOs plan to wrap up the study by the end of 2021, with a ‘hybrid’

about 5 years ago