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Business Developments & Projects

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RenewableUK’s Deputy Chief Executive Melanie Onn.
Business Developments & Projects

RenewableUK voices concerns over Round 4 offshore wind leasing option fees

RenewableUK has welcomed the selection of preferred bidders at the Crown Estate’s Offshore Wind Leasing Round 4, but warned about the effect of the option fees on developers and, ultimately, consumers. The Crown Estate has selected six projects that will now move to the next stage of the process, wh

about 5 years ago
Valaris
Business Developments & Projects

Valaris one step closer to emerging from Chapter 11

Offshore drilling contractor Valaris is one step closer to emerging from the Chapter 11 process following an agreement with lenders.

about 5 years ago
Transocean Enabler; Source: Equinor NPD
Business Developments & Projects

Equinor granted Isflak well drilling permit

Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Barents Sea, offshore Norway.

about 5 years ago
Finland
Business Developments & Projects

ESL Shipping, Meriaura, others team up on Finnish E-fuel project

Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.

about 5 years ago
Photo of Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Business Developments & Projects

Wavepiston raises €2.4M through crowdfunding

Danish company Wavepiston has closed its crowdfunding campaign having successfully raised over €2.4 million for its wave energy technology and projects.

about 5 years ago
Petronas helping stranded workers off Myanmar
Business Developments & Projects

Workers stranded offshore Myanmar after military coup

Over a hundred workers are left stranded off the coast of Myanmar after a military coup in the country last week and Petronas is helping them.

about 5 years ago
An offshore wind farm
Business Developments & Projects

Total, GIG move through UK’s Round 4 leasing with 1.5 GW OWF project

The Crown Estate has selected a 1.5 GW offshore wind project proposed by Total and Green Investment Group (GIG) in the UK’s Offshore Wind Leasing Round 4. The project site is located in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4. “This project is our largest renewa

about 5 years ago
Sulmara Subsea and BeeX logos
Business Developments & Projects

Sulmara Subsea teams up with Singapore-based BeeX

Survey specialist Sulmara Subsea, through its APAC entity, has entered into a new partnership with Singapore-based autonomous marine robotics specialists BeeX Autonomous Systems. Glasgow-based firm recently opened a regional office in Singapore, with James Hope as regional manager. Founded in 2019,

about 5 years ago
Oman LNG appoints new CEO
Business Developments & Projects

Oman LNG appoints new CEO

Oman LNG, the state-owned operator of the liquefied natural gas terminal in Qalhat near Sur, has named Hamel Al Naamany as its new chief executive officer.

about 5 years ago
West Saturn drillship
Business Developments & Projects

Rystad sees Africa and the Americas as hotspots for high-impact wells in 2021

Drilling of high-impact wells in 2020 suffered at the hands of the pandemic, but the overall results were nevertheless positive, Rystad Energy reveals.

about 5 years ago
subsea tree illustration
Business Developments & Projects

Subsea tree orders hit 69 units in January

Subsea tree order intake in January 2021 has seen the awards totalling 69 units, getting off to a fast start, according to market research provider Westwood. Notable awards came for Petrobras’ Buzios development, Santos’ Bayu Undan Phase IIIc, Energean’s Karish North, as well as the North El Amriya

about 5 years ago
LPG carrier
Business Developments & Projects

Hyundai Mipo wins new LPG, petrochemical ship orders

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering (KSOE) has received contracts from Oceanian shipping companies to build two LPG carriers and one petrochemical vessel.

about 5 years ago
BP's Argos FPU sailed away from South Korea on the BOKA Vanguard and began the journey to the Kiewit Offshore Services fabrication yard in Ingleside, Texas
Business Developments & Projects

Gallery: BP’s giant Argos platform heads to Texas

BP’s giant Argos floating production unit, built for the Mad Dog 2 project by Samsung Heavy, last week sailed away from a South Korean yard to Texas.

about 5 years ago
Frade FPSO; Source: Kentech PetroRio
Business Developments & Projects

PetroRio closes Frade field stake buy from Petrobras

Brazilian oil and gas company PetroRio has completed the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras.

about 5 years ago
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