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Business Developments & Projects

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Illustration; Source: io consulting McDermott Schneider Electric
Business Developments & Projects

Designing of carbon-neutral offshore oil and gas platforms underway

U.S. engineering firm McDermott has teamed up with electrical equipment giant Scheider Electric and io consulting, a Baker Hughes company, to design carbon-neutral facilities for the upstream oil and natural gas market.

about 6 years ago
Bombora moves closer to deeper waters with Floating mWave
Business Developments & Projects

Bombora moves closer to deeper waters with Floating mWave

Marine engineering firm Apollo has completed a study for Bombora Wave Power verifying that mWave technology, when applied to a floating platform, can provide added value to large scale offshore energy projects.

about 6 years ago
Noble Tom Madden; Source: Noble Corporation ExxonMobil
Business Developments & Projects

Noble Corporation scores rig extension deal with ExxonMobil

Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-deepwater drillship Noble Tom Madden from ExxonMobil.

about 6 years ago
Airborne Oil & Gas becomes Strohm
Business Developments & Projects

Airborne Oil & Gas becomes Strohm

Dutch-based thermoplastic composite pipe (TCP) manufacturer Airborne Oil & Gas has changed its name to Strohm. The launch of the new brand comes as the organisation confirms its commitment to the oil and gas sector’s energy transition and accelerates its strategic growth into the renewables market.

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

Lukoil, KazMunayGas ink deal for Al-Farabi block in Kazakh Caspian Sea

Russian oil and gas company Lukoil and Kazakhstan’s state-owned company KazMunayGas (KMG) have signed an agreement for future obligations on the Al-Farabi Project in the Kazakh Sector of the Caspian Sea.

about 6 years ago
Tekmar grabs supplier contract for German offshore wind farm
Business Developments & Projects

Tekmar grabs supplier contract for German offshore wind farm

Tekmar Energy has won a contract to supply its TekLink cable protection systems (CPS) for a remedial campaign at an offshore wind farm located in the German North Sea.

about 6 years ago
Eni CEO
Business Developments & Projects

Eni secures carbon storage licence in UK

The UK Oil and Gas Authority (OGA) has awarded a carbon dioxide (CO2) appraisal and storage licence to Eni. The carbon storage licence will cover an area located within the Liverpool Bay area of the East Irish Sea. Under the licence, Eni plans to reuse and repurpose depleted hydrocarbon reservoirs (

about 6 years ago
First Gen, Tokyo Gas ink LNG terminal JCA
Business Developments & Projects

First Gen, Tokyo Gas ink LNG terminal JCA

First Gen Corporation and Tokyo Gas have signed a joint cooperation agreement (JCA) for the FGEN LNG’s interim offshore LNG terminal project.

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

Chevron overtakes ExxonMobil’s market value for first time

Chevron’s market value overtook ExxonMobil for the first time on Wednesday, 7 October, during the same week in which it closed a $4.1 billion all-stock deal for Noble Energy.

about 6 years ago
dual fuel
Business Developments & Projects

MAN gets type approval for retrofitting 32/40 engine to dual-fuel op

Germany-based engine manufacturer MAN Energy Solutions has announced the successful conclusion of the Type Approval Test (TAT) for its dual-fuel retrofit kit for its MAN 32/40 engine type.

about 6 years ago
Deepsea Yantai, rig used for Dugong drilling; Source: Odfjell Drilling Neptune
Business Developments & Projects

Neptune Energy increases stake in Dugong discovery

Oil and gas exploration firm Neptune Energy has signed an agreement with Concedo for the acquisition of a further five per cent interest in the Dugong license in the Norwegian sector of the North Sea.

about 6 years ago
NEMMO spins angled turbine blades
Business Developments & Projects

NEMMO spins angled turbine blades

A scale model of a tidal turbine is being tested in SSPA’s cavitation tunnel in Sweden as part of the NEMMO research project.

about 6 years ago
AGL remains committed to Crib Point LNG project
Business Developments & Projects

AGL remains committed to Crib Point LNG project

Australian utility AGL Energy remains committed to its liquefied natural gas (LNG) import jetty and pipeline project at Crib Point, Victoria.

about 6 years ago
King Abdulaziz Port
Business Developments & Projects

Saudi Global Ports takes over management of King Abdulaziz Port container terminals

On 1 October 2020, Saudi Global Ports Company (SGP), one of PSA International’s subsidiaries, assumed the management of both first and second container terminals at King Abdulaziz Port Dammam (KAPD).

about 6 years ago
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