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Business Developments & Projects

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HMM
Business Developments & Projects

HMM to form joint venture with Singapore’s PSA

South Korean shipping major HMM revealed plans to form a joint venture company with Singapore’s port operator PSA International.

about 6 years ago
Second Moray East OTM on board a barge starting journey to the UK from Antwerp in Belgium
Business Developments & Projects

Second Moray East OTM platform installed

The second offshore transformer module (OTM) is now at its designated location at the Moray East wind farm site off Scotland, according to the project’s Notice of Operations. OSP2, which was shipped out from Belgium on 30 June, was installed shortly after its jacket foundation and the OSP3 platform

about 6 years ago
Hakuryu-12; Source: JDC NOC Al Shaheen
Business Developments & Projects

JDC rig duo stays at giant Al Shaheen oilfield off Qatar

Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese jack-up rig duo at the giant Al Shaheen offshore oil field in Qatar.

about 6 years ago
Sangomar; Source: Woodside Cairn Lukoil
Business Developments & Projects

Woodside blocks Lukoil’s buy of Cairn’s Sangomar stake

Australian energy company Woodside has exercised its right to pre-empt the sale of Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture to Russia’s Lukoil.

about 6 years ago
Ocean Onyx; Source: Diamond Offshore Beach Energy
Business Developments & Projects

Beach Energy, Diamond end Ocean Onyx dispute. New deal in place

Beach Energy has signed a new offshore drilling agreement with Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.

about 6 years ago
James Fisher Offshore aims for 35% decommissioning cost-reductions
Business Developments & Projects

James Fisher Offshore aims for 35% decommissioning cost-reductions

James Fisher Offshore (JFO) has upscaled its operations to meet the international hydrocarbon sector’s increasing demand for decommissioning expertise. This includes the provision of technology that supports the industry-wide aim for cost-reductions of 35%. In the Persian Gulf, JFO is nearing comple

about 6 years ago
Pioneiro de Libra FPSO; Source: Odebrecht Petrobras Mero
Business Developments & Projects

Petrobras and Libra partners sanction Mero 3 development

Brazilian firm Petrobras, along with its partners, has made an investment decision for the Mero 3 project in the Libra block, located 180 kilometres off the coast of Rio de Janeiro in the Santos Basin.

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

Petrobras inks letter of intent with MISC Berhad for Mero 3 FPSO charter

Brazilian oil major Petrobras has signed a letter of intent with Malaysia International Shipping Corporation Berhad (MISC Berhad) for the chartering and provision of an FPSO to be installed at the Mero 3 development offshore Brazil.

about 6 years ago
Fugro to chart Gulf St Vincent and Investigator Strait for AHO
Business Developments & Projects

Fugro to chart Gulf St Vincent and Investigator Strait for AHO

Fugro has been chosen to chart the waters of South Australia’s Gulf St Vincent and Investigator Strait as part of the Australian Government’s HydroScheme Industry Partnership Program (HIPP). The 998 km2 survey will be conducted on behalf of the Australian Hydrographic Office (AHO), who will use the

about 6 years ago
Danske-Commodities-Signs-PPA-for-World’s-Largest-Offshore-Wind-Farm
Business Developments & Projects

Danske Commodities signs PPA for world’s largest offshore wind farm

Danske Commodities has signed a 15-year power purchase agreement (PPA) for the Dogger Bank offshore wind project in the UK. Under the agreement, Danske Commodities will be responsible for the trading and balancing of 480 MW of the project’s 3.6 GW capacity. “The Dogger Bank PPA is a great addition t

about 6 years ago
Australia's Viva to start FEED work for Geelong FSRU project
Business Developments & Projects

Australia’s Viva to start FEED work for Geelong FSRU project

Australia’s Viva Energy aims to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year. The downstream player announced earlier this year it plans to build the LNG import facility that includes installing an FSRU as part of its Ge

about 6 years ago
Boxship
Business Developments & Projects

ZIM introduces AI-based software to detect misdeclared cargo

Shipping company ZIM has developed and implemented an AI-based screening software to detect and identify incidents of misdeclared hazardous cargo before loading to vessel.

about 6 years ago
Maersk Venturer; Source: Maersk Drilling Tullow Angola
Business Developments & Projects

Tullow extends Maersk drillship charter despite cancellation notice

London-listed oil and gas company Tullow Oil has extended the contract with Danish offshore drilling contractor Maersk Drilling for the use of one of its drillships in Ghana, following previously announced the contract termination for the same rig.

about 6 years ago
Karratha gas plant, NWS project; Courtesy of Woodside
Business Developments & Projects

Woodside’s Karratha LNG plant to get gas from onshore field

Australia’s oldest LNG plant at Karratha, part of the Woodside-led North West Shelf project, is to get natural gas from an onshore field in the Perth Basin under a new deal revealed on Monday. The Karratha plant has been liquefying gas from fields located off the north-west coast of Australia for mo

about 6 years ago
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