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Business Developments & Projects

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DNV GL looking to prove value of oil & gas digital twins
Business Developments & Projects

DNV GL looking to prove value of oil & gas digital twins

DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a methodology that could prove whether the data generated by digital twins can be trusted and if the technology is delivering value.

about 6 years ago
Freeport LNG site
Business Developments & Projects

Freeport LNG to launch third train commercial ops

The Freeport LNG export project in Texas led by billionaire Michael Smith is seeking from the US energy regulators to place its third and final train into commercial operation. Freeport LNG said in a letter to the Federal Energy Regulatory Commission it requests authorization to place the third trai

about 6 years ago
Cheniere LNG terminal
Business Developments & Projects

U.S. weekly LNG exports dip

The United States exported fever liquefied natural gas cargoes in the week ending April 22 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 13 LNG cargoes were dispatched from five US terminals between Apr

about 6 years ago
Ofgem
Business Developments & Projects

Ofgem greenlights Shetland subsea link

Ofgem has approved a proposal by SSEN to build a 600MW subsea link from Shetland to mainland Scotland. The link would allow new wind farms on Shetland to export electricity to and also ensure supply on the islands. Ofgem’s approval is also subject to approval of 457MW Viking Energy Wind Farm. Ofgem

about 6 years ago
Cliff Head platform; Source: Triangle Energy
Business Developments & Projects

Triangle Energy finds new drilling prospects near Cliff Head platform

Australia-based Triangle Energy has identified three key opportunities that could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia.

about 6 years ago
Tangguh LNG train 3
Business Developments & Projects

Daewoo E&C scores Tangguh LNG gig

South Korea’s Daewoo Engineering & Construction said Thursday it has won a $50 million contract to carry out piping works at the BP-operated Tangguh LNG export facility in Indonesia. The contract is a part of the Tangguh expansion project which includes the addition of a third liquefaction train wit

about 6 years ago
Floatel Victory
Business Developments & Projects

Ineos pushes charter of Floatel unit to 2021

A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021.

about 6 years ago
Equinor slashes quarterly cash dividend by two thirds
Business Developments & Projects

Equinor slashes quarterly cash dividend by two thirds

Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter of 2020, a reduction of 67 per cent compared to the fourth quarter of 2019.

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

Repsol Sinopec expands Petrofac’s scope of support on UK assets

Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK following an enhancement to its existing contract.

about 6 years ago
Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds
Business Developments & Projects

Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds

Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions.

about 6 years ago
Sound Energy
Business Developments & Projects

Sound Energy may delay Morocco micro-LNG plans

Sound Energy said Thursday it could delay a project aimed at developing a small-scale liquefied natural gas facility in Morocco due to the uncertainty created by the Covid-19 coronavirus pandemic. The Morocco-focused upstream gas company announced plans earlier this year for the micro-LNG project to

about 6 years ago
CCC scoops Arctic LNG 2 work
Business Developments & Projects

CCC scoops Arctic LNG 2 work

Compressor Controls Corporation (CCC) secured multiple contracts for the Arctic LNG 2 project.

about 6 years ago
HMM Algeciras
Business Developments & Projects

South Korea to give $1 billion to ailing shipping firms during COVID-19

South Korea is to provide financial assistance of ₩1.25 trillion (around $1 billion) to struggling shipping companies negatively affected by the coronavirus pandemic.

about 6 years ago
Illustration. Source: Kosmos Energy
Business Developments & Projects

Kosmos Energy gets delisting warning from NYSE

Kosmos Energy has been given a continued listing standard notice from the New York Stock Exchange (NYSE).

about 6 years ago
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