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Business Developments & Projects

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Novatek's Q3 production up, LNG sales edge down
Business Developments & Projects

Novatek’s Q3 production up, LNG sales edge down

Russia’s largest independent natural gas producer Novatek reported a production increase in the third quarter and the first nine months of the year 2020.

about 6 years ago
Blue Ocean Seismic Services AUV for seismic data acquisiton
Business Developments & Projects

Industry backs AUVs for seismic

Blue Ocean Seismic Services has secured a £10-million investment from a group of energy technology and investment companies: bp Ventures, Woodside Energy and Blue Ocean Monitoring. The investment should help continue the development of a fully integrated system which uses long endurance self-reposit

about 6 years ago
Aoka Mizu FPSO; Source: DNV GL Bluewater
Business Developments & Projects

DNV GL, Bluewater pilot test hybrid digital twin for FPSOs

Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use hybrid digital twin technology to predict and analyse fatigue on an FPSO hull.

about 6 years ago
Hygo names new CEO, cancels LNG deal with Hydro
Business Developments & Projects

Hygo names new CEO, cancels LNG deal with Hydro

Liquefied natural gas shipper Golar LNG said that Hygo Energy Transition has appointed Paul Hanrahan as CEO.

about 6 years ago
Oruc Reis seismic vessel; Source: General Directorate of the Mineral Research & Exploration of Turkey
Business Developments & Projects

Turkey to carry out seismic survey in disputed area of Mediterranean

Turkish vessel Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a move which will further test already tense relationships with Greece.

about 6 years ago
The NKT Victoria vessel at sea
Business Developments & Projects

NKT Victoria wraps up Moray East OWF export cable work

All three export cables for the Moray East offshore wind farm have been laid and pulled in, with the cable laying vessel NKT Victoria now demobilised after finishing the project. The vessel Havila Phoenix is currently burying the three subsea power cables below the seabed by using remotely operated

about 6 years ago
Project layout of the Phu Cuong Soc Trang offshore wind farm
Business Developments & Projects

Mainstream Renewable Power reveals 1.4 GW offshore wind project in Vietnam

Ireland-headquartered Mainstream Renewable Power, in a joint venture with the Phu Cuong Group, has submitted an application for a 1 GW offshore wind project in Vietnam, adding to the 400 MW already in development within the same project. The joint venture applied for a site survey license on 7 July,

about 6 years ago
RoRo
Business Developments & Projects

KfW IPEX-Bank finances Finnlines’ hybrid RoRo ship

Germany’s bank KfW IPEX-Bank and Finnish ferry operator Finnlines, part of Italy’s Grimaldi Group, have signed a €40 million (around $47 million) loan agreement to finance a hybrid roll-on/roll-off (RoRo) vessel.

about 6 years ago
Stena Forth; Source: Stena Drilling
Business Developments & Projects

Stena Drilling drillship wins work in the Mediterranean

Offshore drilling contractor Stena Drilling has won a new contract for its ultra-deepwater drillship Stena Forth in the Mediterranean Sea offshore Israel.

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

Petrofac CEO to retire after 30 years. Former Shell VP to take his place

Group chief executive of oilfield services provider Petrofac has decided to retire at the end of the year.

about 6 years ago
Vindskip
Business Developments & Projects

Høglund Marine acquires two-thirds stake in Vindskip

Norway-based marine technology provider Høglund Marine Solutions has taken a two-thirds stake in Vindskip AS, a company developing a wind and LNG-powered vessel concept.

about 6 years ago
Dongfang Electric's 10-megawatt wind turbine installed at sea
Business Developments & Projects

Changle Waihai Area C OWF to feature Dongfang’s 10 MW wind turbines

Dongfang Electric Corporation (DEC) was awarded a wind turbine supply agreement by Fujian Energy Group on 16 September, following a tendering procedure for the Changle Waihai Area C offshore wind project in China. According to the company, it placed the winning bid for the second batch of wind turbi

about 6 years ago
Croatia’s first FSRU nearing destination
Business Developments & Projects

Croatia’s first FSRU nearing destination

Croatia’s floating storage and regasification unit is nearing its final destination at its base on the island of Krk in the northern Adriatic Sea.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer)
Business Developments & Projects

Hibiscus Petroleum buys into 3D Oil license off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

about 6 years ago
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