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Business Developments & Projects

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Denmark greenlights 5 GW energy islands, second 1 GW offshore wind farm
Business Developments & Projects

Denmark greenlights 5 GW energy islands, second 1 GW offshore wind farm

Denmark has given a go-ahead for the development of the energy islands, and the second of the three 1 GW offshore wind farms proposed in the Energy Agreement 2018. The 1 GW offshore wind project will be developed at the Hesselø zone in the Baltic Sea and is expected to be commissioned by 2027. The [

about 6 years ago
Cyberhawk drone; Source: Cyberhawk Shell
Business Developments & Projects

Cyberhawk inks five-year software deal with Shell. Becomes oil major’s global drone operator

A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.

about 6 years ago
New-French-and-Japanese-Co-Op-Targets-Floating-Wind-Projects
Business Developments & Projects

New French and Japanese co-op targets floating wind projects

Japanese utility JERA, French state-owned investment company ADEME Investissement, and Ideol have teamed up to develop commercial-scale floating offshore wind projects. The parties agreed on the key terms for the establishment of an investment vehicle dedicated to the financing of the development ph

about 6 years ago
SeaRose FPSO
Business Developments & Projects

Husky spills anti-microbial agent from SeaRose FPSO

Husky Energy has reported an unauthorized discharge from the SeaRose FPSO, located on the White Rose field off Canada, to the Canadian offshore regulator.

about 6 years ago
reduction at Polarcus
Business Developments & Projects

Polarcus restructures with 20% headcount reduction

Polarcus is taking further actions to streamline its business and adjust operational capacity to align with current market conditions. This follows on the $15 million cost reduction plan implemented due to the COVID-19 pandemic and oil price volatility. The company has additionally streamlined and r

about 6 years ago
Milaha
Business Developments & Projects

Milaha reorganises to focus on marine services business

Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. has unveiled a reorganisation plan aimed at boosting the company’s presence in the marine services sector.

about 6 years ago
Seadrill's West Polaris drillship
Business Developments & Projects

Seadrill shares start trading on OTC Markets following NYSE delisting

Seadrill has transitioned to quotation on OTC Capital Markets following its delisting from the NYSE with Oslo Stock Exchange now being its primary listing.

about 6 years ago
Atteris gets Golden Beach subsea FEED deal from GB Energy
Business Developments & Projects

Atteris gets Golden Beach subsea FEED deal from GB Energy

Atteris has secured GB Energy contract for subsea front-end engineering design for the Golden Beach gas field. The field is located within the Australia’s Gippsland Basin, approximately three kilometres offshore from the Ninety Mile Beach in Eastern Victoria. The engineering and design work includes

about 6 years ago
Shell logo
Business Developments & Projects

Shell to supply carbon-neutral LNG cargoes to China’s CNOOC

LNG giant Shell said it recently signed a deal to supply carbon-neutral liquefied natural gas cargoes to CNOOC Gas & Power Group, a unit of China National Offshore Oil Corporation. Hague-based Shell said on Monday that these shipments will be the first carbon-neutral LNG cargoes to Chinese Mainland.

about 6 years ago
LNG bunkering in Port of Marseille Fos
Business Developments & Projects

Port of Marseille Fos looking to become LNG bunkering hub

France’s Marseille Fos port is boosting the use of liquefied natural gas as fuel as it aims to position itself as an LNG bunkering hub for the Mediterranean. The port said in a statement it hosted another ship-to-ship LNG bunkering operation last week following the first such operation in early May.

about 6 years ago
Calcasieu Pass LNG project gets liquefaction equipment
Business Developments & Projects

Calcasieu Pass LNG project gets first liquefaction equipment

Venture Global LNG’s Calcasieu Pass project is pushing forward with construction and it received last week the first liquefaction equipment at its site in Cameron Parish, Louisiana. Venture Global said in a statement it started setting in place two brazed aluminum heat exchangers, also known as cold

about 6 years ago
port
Business Developments & Projects

Green Marine: More shipowners, terminal operators and ports opt for sustainability

The number of members of the Green Marine environmental certification program has been steadily increasing, according to the program’s latest performance report.

about 6 years ago
Deepsea Atlantic rig
Business Developments & Projects

Equinor gears up for pilot hole in North Sea

Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea using the Deepsea Atlantic rig.

about 6 years ago
ferry
Business Developments & Projects

Brittany Ferries cancels contract for LNG-powered ferry at FSG

French shipping company Brittany Ferries and compatriot semi-public company Somanor SAS have confirmed the termination of the construction contract for an LNG-powered ferry with Germany’s Flensburger Schiffbau-Gesellschaft (FSG) shipyard.

about 6 years ago
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