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Business Developments & Projects

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Export cable laying soon to begin at Moray East offshore wind project
Business Developments & Projects

Export cable laying soon to begin at Moray East offshore wind project

The boulder picking operations have begun at the export cable route of the Moray East offshore wind project in Scotland. The boulder picking work started on 24 July using Olympic Triton, while the export cable laying and trenching operations are set to begin circa 28 July. NKT Victoria will be layin

about 6 years ago
EuroAsia Interconnector gets green light for converter station in Cyprus
Business Developments & Projects

EuroAsia Interconnector gets green light for converter station in Cyprus

The Republic of Cyprus has recently issued the final building permit for EuroAsia Interconnector between Israel, Cyprus and Greece (Crete). Specifically, the relevant permit provides the green light for the construction of the HVDC converter station in Cyprus. In March this year, EuroAsia Interconne

about 6 years ago
Rystad sees supply glut ahead after second wave of Covid-19 and more OPEC oil hit the market
Business Developments & Projects

Rystad sees supply glut ahead after second wave of Covid-19 and more OPEC oil hit the market

The upcoming partial return of curtailed OPEC+ oil production from August is set to create a new four-month supply glut of around 170 million barrels, a Rystad Energy analysis reveals.

about 6 years ago
Total delivers 1st LNG cargo to China's Guangdong Energy
Business Developments & Projects

Total delivers 1st LNG cargo to China’s Guangdong Energy

France-based Total said Tuesday it has delivered its first LNG cargo to Chinese state-owned utility Guangdong Energy at Cnooc’s Zhuhai import terminal in Guangdong. Guangdong Energy is the largest power generation company in the southern Chinese province, with more than 32 GW installed. “We are full

about 6 years ago
Enagas logs profit hike as LNG business continues to rise
Business Developments & Projects

Enagas logs profit hike as LNG business grows

Spanish LNG terminal operator Enagas reported a 9.4 percent profit rise in the first half as its regasification plants continued to operate as usual during the Covid-19 pandemic. The company said profit after tax in the January-June period increased to 236.3 million euros ($276.9 million). This comp

about 6 years ago
port
Business Developments & Projects

BPA begins major review of UK port connectivity

The British Ports Association (BPA) is today launching a major new review of UK port connectivity.

about 6 years ago
Eni boasts successful production test at Mediterranean Sea well
Business Developments & Projects

Eni boasts successful production test at Mediterranean Sea well

Eni has successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession in the Mediterranean Sea, in the conventional Egyptian waters of the Nile Delta.

about 6 years ago
£100 million growth deal to support energy transition of Scottish islands
Business Developments & Projects

£100 million growth deal to support energy transition of Scottish islands

The leaders of the three Scottish island councils recently welcomed the Scottish and UK governments’ award of £100 million in funding as part of the Islands Growth Deal. The money goes to Orkney, Shetland and the Western Isles. The multimillion pound deal will provide investment for local projects a

about 6 years ago
SOCAR bids lowest in Pakistan LNG tender
Business Developments & Projects

SOCAR bids lowest in Pakistan LNG tender

State-owned Pakistan LNG noted that Azerbaijan’s SOCAR placed the lowest bid to supply a spot LNG cargo in late August.

about 6 years ago
concession
Business Developments & Projects

ICTSI inks 25-year concession for Cameroon’s Kribi terminal

Port management company International Container Terminal Services, Inc. (ICTSI) has signed a concession contract with the Port Autonome de Kribi (PAK) for the development, operation and maintenance of the Kribi Multipurpose Terminal (KMT) in Cameroon.

about 6 years ago
GMS Evolution
Business Developments & Projects

GMS wraps up intervention job on live well using cantilever workover

GMS has completed its first well intervention workscope using the company’s cantilever workover system, installed on the self-propelled vessel GMS Evolution.

about 6 years ago
U.S. DoI grants right-of-way permits to Alaska LNG
Business Developments & Projects

U.S. DoI grants right-of-way permits to Alaska LNG

The U.S. Department of the Interior has approved the Alaska LNG pipeline project rights-of-way permits across federal lands managed by the Bureau of Land Management (BLM) and National Park Service (NPS).

about 6 years ago
NYK
Business Developments & Projects

NYK, CMA CGM, Port of Rotterdam join Hydrogen Council

The Hydrogen Council, a global CEO-led coalition working to enable the global energy transition through hydrogen, has welcomed three new members from the maritime sector.

about 6 years ago
Chevron to restart 2nd Gorgon LNG train in September
Business Developments & Projects

Chevron to restart 2nd Gorgon LNG train in September

Chevron is looking to place back online the second train at its Gorgon LNG plant in Australia in September after it found “weld quality issues” within the propane heat exchangers. The US energy firm shut down the second unit at its 15.6 mtpa LNG facility on Barrow Island in Western Australia on May

about 6 years ago
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