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Business Developments & Projects

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Petrobras
Business Developments & Projects

Petrobras sets new oil export record despite low demand

Brazilian oil and gas giant Petrobras reached an oil export record during April, exporting 1 million barrels of oil per day.

about 6 years ago
TechnipFMC
Business Developments & Projects

Report: Russia’s A-Property contracts TechnipFMC to design $10 bln LNG plant

A-Property, a firm owned by Russian energy tycoon Albert Avdolyan, has reportedly hired TechnipFMC to design a large liquefied natural gas export terminal. The LNG plant and surrounding infrastructure in the remote northern republic of Yakutia would require a $10 billion investment, Reuters reported

about 6 years ago
AW169 helicopter; Source: NHV
Business Developments & Projects

Spirit Energy picks NHV for transfer services in East Irish Sea

Helicopter operator NHV Group has won a new long-term contract with Spirit Energy to provide passenger transfer services in support of their East Irish Sea operations.

about 6 years ago
Charleston
Business Developments & Projects

Port of Charleston gets new stevedoring company

Marine Terminals Corporation – East (Ports America), Ceres Marine Terminals Inc., and SSA Atlantic LLC have formed a joint venture company to provide container terminal and stevedoring services in the Port of Charleston in South Carolina.

about 6 years ago
Valaris 8505
Business Developments & Projects

Eni fails to find hydrocarbons in Mexican well

Italian oil and gas company Eni has failed to find hydrocarbons in an exploration well located in the Sureste Basin, offshore Mexico.

about 6 years ago
A map outlining the studies areas in Gulf of Mexico
Business Developments & Projects

600 MW OWF in Gulf of Mexico would bring 4,470 jobs and $ 445 million – Study

A 600 MW offshore wind farm in the Gulf of Mexico, with a commercial operation date of 2030, would bring some 4,470 jobs and $ 445 million in gross domestic product (GDP) during construction, according to a study released by the U.S. Bureau of Ocean Energy Management (BOEM). During the operational s

about 6 years ago
Australian coast; Source: Unsplash
Business Developments & Projects

Woodside makes plans to abandon three Australian wells

Australian energy company Woodside has submitted a decommissioning plan for subsea infrastructure no longer required for production activities from the Echo Yodel field offshore Australia.

about 6 years ago
Mozambique LNG project
Business Developments & Projects

W-Industries secures Mozambique LNG gig

Houston-based W-Industries said it has won a contract for the Total-led $20 billion Mozambique liquefied natural gas export project. The deal has been awarded by Total E&P Mozambique Area 1, a unit of the French energy giant. The contract includes engineering, manufacturing, integration, automation

about 6 years ago
Equatorial Guinea's Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima
Business Developments & Projects

Oil and gas firms get two-year extension for exploration in Equatorial Guinea

After considering the consequences of the COVID-19 global pandemic on oil prices and African economies, the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has signed a ministerial order granting oil and gas companies a two-year extension on their exploration programmes.

about 6 years ago
Culzean field
Business Developments & Projects

Total’s profit slips as oil prices tumble

Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

about 6 years ago
Digitalization
Business Developments & Projects

DNV GL, Alpha Ori to jointly support digital transformation in shipping

DNV GL and Alpha Ori Technologies (AOT) have signed MoU in which they agree to work together to contribute to the marine industry’s ongoing digital transformation.

about 6 years ago
Maersk Valiant drillship
Business Developments & Projects

Repsol hits two oil discoveries offshore Mexico

Repsol has made two significant offshore oil discoveries in Mexico’s deepwater with its Polok-1 and Chinwol-1 exploration wells in Block 29 in the Salina Basin.

about 6 years ago
A Shell logo
Business Developments & Projects

Shell sells U.S. shale gas assets

The Hague-based LNG giant Shell has reached an agreement with U.S. firm National Fuel Gas Company to sell its Appalachia shale gas position for $541 million. Shell will sell the assets via its unit SWEPI. The deal includes about 350 producing Marcellus and Utica wells across about 450,000 net leaseh

about 6 years ago
Norwegians call for licensing of two 500 MW floating wind projects in 2020
Business Developments & Projects

Norwegians call for licensing of two 500 MW floating wind projects in 2020

Several Norwegian ocean stakeholders have asked their country’s government to start the announcement of two full-scale floating offshore wind farms with the aim of granting licenses during 2020. In a letter sent to leading Norwegian politicians, the stakeholders said that the government should clari

about 6 years ago
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