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Business Developments & Projects

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Nakilat posts record profit in 2020
Business Developments & Projects

Nakilat post record profit in 2020

Qatar’s Nakilat, the world’s largest LNG shipper, reported its highest profit since inception.

about 5 years ago
Stena IceMAX drillship drilled the Bahamas well for BPC
Business Developments & Projects

BPC finds oil in Bahamas well but no commercial volumes

Bahamas Petroleum Company has encountered hydrocarbons at its Perseverance #1 well off The Bahamas, but the volumes of oil encountered are not commercial.

about 5 years ago
AOD I rig; Source: Seadrill
Business Developments & Projects

Seadrill files Chapter 11 for Asia Offshore Drilling

Offshore drilling contractor Seadrill Limited has been forced to file Chapter 11 cases for several of its wholly-owned subsidiaries in Asia.

about 5 years ago
Maersk Viking drillship
Business Developments & Projects

Maersk drillship lands new gig in South Korea

Maersk Drilling has secured a contract from Korea National Oil Corporation (KNOC) for the drillship Maersk Viking to drill offshore South Korea.

about 5 years ago
LM Wind Power wind turbine blades
Business Developments & Projects

GE using aviation and MRI expertise to advance wind turbine technology

General Electric (GE) is tapping into the knowledge and expertise from its aviation and healthcare businesses to advance its wind turbine technology. The company is researching the design and manufacture of 3-D printed wind turbine blades, and developing a high-efficiency ultra-light low temperature

about 5 years ago
DesignPro's 25kW hydrokinetic turbine (Courtesy of SEENEOH)
Business Developments & Projects

DesignPro completes hydrokinetic turbine trials at SEENEOH

Irish company DesignPro Renewables has concluded its hydrokinetic turbine pilot programme at SEENEOH test site in France.

about 5 years ago
FPF-1 unit - Ithaca Energy
Business Developments & Projects

Ithaca restarts North Sea unit after Covid-19 shutdown

Ithaca Energy has restarted production at its FPF-1 unit located off the UK following a recent shutdown due to an outbreak of Covid-19 on the unit.

about 5 years ago
Arne Gürtner - Equinor
Business Developments & Projects

Equinor man joins Oil & Gas UK board as co-chair

Oil & Gas UK has announced the appointment of a new co-chair to its board, as the sector focuses on the industry’s recovery whilst meeting net-zero targets.

about 5 years ago
Neil Gordon
Business Developments & Projects

Huge potential for Subsea industry in Asia Pacific

The Asia Pacific region continues to provide a wealth of opportunities for the UK’s subsea engineering sector, both in traditional oil & gas and in the growing renewables market, the industry body said. A new summary of activity compiled by Subsea UK shows, that despite the challenges, discoveries c

about 5 years ago
Hamburg Süd
Business Developments & Projects

New CEO to lead next phase of Hamburg Süd’s integration

German container shipping company Hamburg Süd, part of Maersk Line, has appointed new chief executive officer (CEO) to lead the next step of the carrier’s integration. As informed, long-serving Hamburg Süd executive Poul Hestbaek, who is currently the company’s chief commercial officer (CCO), will t

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

CASE opens research funding call for green energy systems

The Centre for Advanced Sustainable Energy (CASE) has opened a call for applications from suitably qualified consortia for research and development funding to support the decarbonisation of the energy system in Northern Ireland.

about 5 years ago
West Vencedor rig - Seadrill
Business Developments & Projects

Energy Drilling to manage three tender rigs for Seadrill

Energy Drilling Management has entered into a management agreement with Seadrill Partners to maintain, market and operate three of its tender rigs.

about 5 years ago
Photo of Eco Wave Power's Gibraltar wave energy plant (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power wins BlueInvest 2021 award

Swedish wave energy company Eco Wave Power has won the European Commission’s BlueInvest Award in the People’s Choice category.

about 5 years ago
Nganhurra FPSO - Woodside
Business Developments & Projects

Regulator takes action against Woodside over riser turret mooring decommissioning

Australian offshore petroleum regulator NOPSEMA has taken action against Woodside related to decommissioning of the Enfield field and Nganhurra FPSO.

about 5 years ago
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