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Business Developments & Projects

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Fossil EnergyOil & GasRigsAuthorities & GovernmentBusiness & FinanceExploration & ProductionRegulation & PolicySubseaEquipmentInfrastructureInnovationTechnologyMarine EnergyTidal & Wave EnergyOperations & MaintenanceResearch & DevelopmentClean FuelLNGGridOffshore WindWind FarmsHydrogenFPSO & VesselsProject & TendersIT & SoftwareCollaborationTransition
Ocean Apex rig
Business Developments & Projects

BP kicks off Ironbark drilling operations

Oil major BP has started drilling the Ironbark-1 well located offshore Western Australia.

about 6 years ago
Qingdao Conson Development starts construction on the world’s longest subsea road tunnel
Business Developments & Projects

Chinese start building the world’s longest subsea road tunnel

The construction has kicked off on the world’s longest subsea road tunnel and the second Jiaozhou Bay tunnel in China. The launch ceremony took place in Qingdao’s West Coast New Area on October 29, bringing together leaders and experts from government, academia, as well as Qingdao Conson Development

about 6 years ago
Wave Swell Energy advances 200kW wave energy demo
Business Developments & Projects

Wave Swell Energy advances 200kW wave energy demo

The Australian company Wave Swell Energy has launched the substructure for its King Island wave energy demonstration project.

about 6 years ago
GTT posts nine-month revenue jump
Business Developments & Projects

GTT posts nine-month revenue jump

French liquefied natural gas containment system specialist, GTT, reported a 53.1 per cent jump in its nine-month revenue.

about 6 years ago
Illustration; Source: ExxonMobil
Business Developments & Projects

ExxonMobil to slash 14,000 jobs as effects of pandemic hit oil demand

U.S. oil major ExxonMobil could cut its global workforce by about 15 per cent, as the Covid-19 pandemic batters energy demand and prices.

about 6 years ago
Vineyard-Wind-Seals-Transmission-Deal
Business Developments & Projects

Vineyard Wind seals transmission deal

Vineyard Wind has reached a transmission agreement with ISO New England (ISO-NE) for its 800 MW Vineyard Wind 1 offshore wind project in Massachusetts. The agreement allows the 800 MW wind farm to connect its generation into the New England electric power grid at the NSTAR 115kV switch station in Ba

about 6 years ago
Snam enters Israeli small-scale LNG, hydrogen markets
Business Developments & Projects

Snam enters Israeli small-scale LNG, hydrogen markets

Italian infrastructure operator Snam has signed MoUs with Israeli companies for collaboration in small-scale LNG and hydrogen.

about 6 years ago
FPSO illustration; Source: MAN Energy Solutions Equinor MODEC
Business Developments & Projects

MAN to supply compressors for Equinor’s Bacalhau FPSO

Japanese supplier and operator of offshore floating platforms MODEC has commissioned MAN Energy Solutions to supply a total of five radial compressor and two screw compressor trains for the first Brazilian offshore gas extraction project of the end customer Equinor.

about 6 years ago
Woodfibre LNG granted construction deadline extension
Business Developments & Projects

Woodfibre LNG granted construction deadline extension

The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast has been granted a permit to postpone the start of construction.

about 6 years ago
Carnegie Wave Predictor technology
Business Developments & Projects

Carnegie lands Microsoft AI for Earth grant

Australian developer Carnegie Clean Energy has secured a Microsoft AI for Earth grant to support a project that uses artificial intelligence (AI) to enhance the capabilities of its ‘Wave Predictor‘ and broadens its potential applications. Microsoft’s AI for Earth grants provide access to Microsoft r

about 6 years ago
ConocoPhillips CEO Ryan Lance
Business Developments & Projects

Red ink for ConocoPhillips

U.S. oil major ConocoPhillips recorded a loss in the third quarter of 2020 compared to a profit in the same period last year.

about 6 years ago
SeaRose FPSO; Source: Husky Energy Cenovus
Business Developments & Projects

Cenovus to cut up to a quarter of combined workforce with Husky after deal wrap-up

Canadian oil and gas player Cenovus Energy has decided to cut between 20 and 25 per cent of its workforce after the acquisition of Husky Energy.

about 6 years ago
Eco Wave Power wave energy device
Business Developments & Projects

Eco Wave Power and Msmart set 50MW target in Vietnam

Wave energy developer Eco Wave Power has inked an MOU with Msmart Future Technology with plans to develop a 50MW wave energy array in Vietnam. The two companies will execute this collaboration in milestones. Specifically, in the first phase, the Eco Wave Power engineering team, will perform an in-de

about 6 years ago
DoE issues LNG export extensions for three projects
Business Developments & Projects

DoE issues LNG export extensions for three projects

The U.S. Department of Energy (DOE) extended the terms of three long-term liquefied natural gas (LNG) export authorizations through 2050.

about 6 years ago
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