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Business Developments & Projects

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Noble Tom Madden drillship
Business Developments & Projects

Rig impairments take Noble Corp. deeper into the red

Noble Corporation saw its quarterly net loss deepen after being negatively affected by rig impairment charges amid lower demand as a result of the coronavirus pandemic and low oil prices.

about 6 years ago
Elba Island LNG unit #8 gets FERC permit
Business Developments & Projects

Elba Island LNG unit #8 gets FERC permit

The United States Federal Energy Regulatory Commission (FERC) issued a permit to Kinder Morgan units to continue the commissioning process at the Elba Island liquefaction project near Savannah, Georgia.

about 6 years ago
HHI
Business Developments & Projects

Hyundai Heavy wins order for two crude carriers

Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has secured an order for two crude oil carriers.

about 6 years ago
Australias-First-Offshore-Wind-Project-Expands-Survey-Team
Business Developments & Projects

Australia’s first offshore wind project expands survey team

Star of the South Wind Farm has partnered with Curtin University and Deakin University to assist with offshore site investigations for Australia’s first offshore wind project. Curtin University’s Centre for Marine Science and Technology is helping understand marine mammals in the project area, while

about 6 years ago
Equinor
Business Developments & Projects

Equinor sinks to quarterly loss due to low prices and impairments

Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.

about 6 years ago
Singapoe LNG terminal
Business Developments & Projects

Singapore LNG handles 320 shipments in seven years

Singapore’s liquefied natural gas import terminal on Jurong Island has received 320 shipments of the fuel since it started operations seven years ago. Out of these, 225 shipments totaling over 15 million tonnes of LNG were used for regasification, terminal operator Singapore LNG said on Thursday mar

about 6 years ago
Ian Tyler; Source: Cairn Energy
Business Developments & Projects

Cairn Energy looking for chairman successor

Chairman of oil and gas company Cairn Energy has indicated that he will retire from the board of directors.

about 6 years ago
Texas LNG's Brownsville plant
Business Developments & Projects

Texas LNG’s Brownsville plant secures another permit

Texas LNG’s proposed Brownsville liquefied natural gas export terminal in South Texas took a step toward by receiving an air permit. The permit allowing the construction and operation of the facility has been granted by the Texas Commission on Environmental Quality on Wednesday. Securing this permit

about 6 years ago
McDermott
Business Developments & Projects

McDermott scores Caribbean LPG gig

McDermott’s unit CB&I Storage Solutions has won a contract to build four liquefied petroleum gas spheres for an energy infrastructure project in the Caribbean region. McDermott defined the contract as “sizable” meaning it is worth between $1 million and $50 million. The scope of the project includes

about 6 years ago
Maersk Supply Services
Business Developments & Projects

Maersk Supply to axe jobs amid negative development in oil and gas market

Maersk Supply Services, a Danish offshore supply vessel provider, has decided to reduce its onshore organization due to challenging oil and gas market situation. In response to the negative development in the oil and gas industry, Maersk Supply Service said on Wednesday that it would reduce its onsh

about 6 years ago
East-Anglian-Offshore-Wind-Supply-Chain-Eyeing-US-Market
Business Developments & Projects

East Anglian offshore wind supply chain eyeing US market

Norfolk & Suffolk Unlimited is looking to export its supply chain expertise to the U.S. offshore wind market. A preliminary online event organized with the City of Virginia Beach saw 20 local businesses meet with operators and developers involved in the 2.6 GW Coastal Virginia Offshore Wind (CVOW) p

about 6 years ago
Saipem
Business Developments & Projects

Saipem inks energy transition pact with CDP

Saipem has signed a memorandum of understanding with Cassa Depositi e Prestiti to jointly evaluate the launch of innovative and sustainable projects aimed at promoting the energy transition in Italy and abroad. The initiatives, focused on decarbonisation, circular economy and energy efficiency, will

about 6 years ago
Primo Marine aids NeuConnect with interconnector permit
Business Developments & Projects

Primo Marine aids NeuConnect with interconnector permit

Primo Marine has been hired by NeuConnect to assist with the Offshore Permit Application for the 1.4 GW interconnector between Germany and the United Kingdom. The scope entails work like assistance to the Marine Permit Application, Route Engineering, Burial Assessment, Seabed Mobility Studies and Ma

about 6 years ago
Aker BP
Business Developments & Projects

Aker BP swings to loss over impairment charges

Aker BP sank to a net loss in the first quarter of the year after being hit by impairments due to a significant decline in oil and gas prices.

about 6 years ago
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