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Business Developments & Projects

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Fossil EnergyOil & GasBusiness & FinanceInfrastructureVesselsClean FuelLNGProject & TendersOffshore WindWind FarmsInnovationFPSO & VesselsExploration & ProductionAlternative FuelsMarine EnergyTidal & Wave EnergySeismicSubseaMarket OutlooksOutlook & StrategyOperations & MaintenancePorts & LogisticsCabling
Petronas hires second Alam Maritim anchor handler this year
Business Developments & Projects

Petronas hires second Alam Maritim anchor handler this year

Malaysian offshore support vessels and subsea services provider Alam Maritim Resources has been awarded a work order for the provision of anchor handling tug and supply (AHTS) for Petronas Carigali.

about 6 years ago
Cryopeak LNG tanker
Business Developments & Projects

Cryopeak breaks ground on new LNG production facility

Cryopeak LNG Solutions is building a new liquefied natural gas production facility located in Fort Nelson, British Columbia. The facility is expected to be capable of producing up to 90,000 gallons of LNG per day, according to a Cryopeak statement. The facility will be the closest LNG production poi

about 6 years ago
KC LNG bunkering facilities
Business Developments & Projects

KC LNG to build bunkering facilities for Scotland’s CMAL

Scottish ferry owner Caledonian Maritime Assets (CMAL) has ordered two liquefied natural gas bunkering facilities from KC LNG. Denmark-based KC LNG, a Kosan Crisplant’s division under MAKEEN Energy, said in a statement it expects to complete the bunkering facilities in July 2022. The facilities will

about 6 years ago
Innogy enters Taiwanese offshore wind market
Business Developments & Projects

Innogy enters Taiwanese offshore wind market

Essen-based energy company innogy has entered into a strategic partnership with Asia Cement Corporation to jointly develop the 448 MW Chu Feng offshore wind project in Taiwan. The Chu Feng offshore wind farm is located off the northwest coast of Taiwan near Hsinchu City, in the wind-rich Taiwan Stra

about 6 years ago
Photo of Helios Remote Sensing System at sea, awarded DOE's funding in 2017
Business Developments & Projects

US DOE issues $ 20 million offshore wind call

The U.S. Department of Energy (DOE) has called for applications for funding that will support offshore wind technology demonstration and wind resource characterisation projects.

about 6 years ago
Yinson hit with FPSO deal termination after Aker Energy defers Pecan project
Business Developments & Projects

Yinson hit with FPSO deal termination after Aker Energy defers Pecan project

Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project.

about 6 years ago
Hoegh logo
Business Developments & Projects

Hoegh applies for Cyprus LNG import licence

Norway’s Hoegh LNG said Wednesday that its unit has applied for a liquefied natural gas infrastructure ownership, operations and development license in Cyprus. Cyprus is pushing forward to diversify its energy mix to reach new emission targets for the country’s power production. The country plans to

about 6 years ago
Byron Energy curbs Gulf of Mexico output due to sharp decline in oil price
Business Developments & Projects

Byron Energy curbs Gulf of Mexico output due to sharp decline in oil price

Byron Energy has decided to ramp-down production from the SM71 field in the U.S. Gulf of Mexico due to a sharp decline in demand and glut in both international and local supplies.

about 6 years ago
Ten tech developers win Ocean DEMO prize
Business Developments & Projects

Ten tech developers win Ocean DEMO prize

The EU-funded Ocean DEMO project has awarded recommendations for support to ten offshore renewable energy developers under its 2nd call. The awards will support developers on their path to commercialisation and ease the transition of ocean energy towards multi-device farms by providing free access t

about 6 years ago
Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market
Business Developments & Projects

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the combined impacts of the COVID-19 pandemic and oil price volatility.

about 6 years ago
Zeebrugge LNG terminal
Business Developments & Projects

Fluxys reports record Zeebrugge LNG ship ops

Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly number of ve

about 6 years ago
Map showing sea borders of Inis Ealga floating wind project
Business Developments & Projects

DP Energy eyes 700+ MW floating wind farm in Ireland

DP Energy has submitted a Foreshore Site Investigation Application to Ireland’s Department of Housing, Planning and Local Government (DHPLG) for a potential 700+ MW floating wind project off the south coast of Ireland.

about 6 years ago
Liz Burdock Business Network for Offshore Wind USA
Business Developments & Projects

Offshore Wind Conference: New Markets for Offshore Wind

The offshore wind industry is expected to grow to 120 GW total installed capacity by 2030. Much of this growth will take place in Europe but there will also be a considerable increase in capacity in North America and Asia. This session takes a closer look at growth markets and newcomers and the busi

about 6 years ago
Map image showing location of Hornsea Two offshore wind farm
Business Developments & Projects

Trelleborg to provide Hornsea Two cable protection

Ørsted has signed a contract with Trelleborg for the provision of four integrated cable protection systems for the 1.4GW Hornsea Two offshore wind farm.

about 6 years ago
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