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Jacket for Crux platform on its way to Australia; Source: Shell

Business Developments & Projects

McDermott sends off one of its largest structures ever built to Shell’s huge gas project

McDermott has confirmed the load-out of a jacket built for an offshore platform destined for a natural gas development, which Shell Australia, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Western Australia.

about 1 year ago

Business Developments & Projects

HD KSOE to construct new dual-fuel LNG boxship duo for Greek shipowner

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South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a shipbuilding intermediate holding company of HD Hyundai, has been commissioned by Greece-based shipowner Capital to build a new pair of dual-fuel liquefied natural gas (LNG)-powered container vessels. According to Greek shipbrok

about 1 year ago

Business Developments & Projects

First Hydrogen expands nuclear SMR collaboration with University of Alberta

First Hydrogen has expanded its collaboration with the University of Alberta to include nuclear small modular reactor (SMR) design for green hydrogen production.

about 1 year ago

Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn

Business Developments & Projects

Worley in the clear to bring first chapter of Venture Global’s $28 billion LNG project to life

With the go-ahead in hand, Australia’s Worley is all set to embark on the full scope of work at a multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, which represents the third such facility Venture Global has set its cap on building in the United States over the past five y

about 1 year ago

Business Developments & Projects

Aker BP prolongs Saipem rig’s stay in Norway

Norwegian oil and gas player Aker BP has extended the contract for the assignment of a semi-submersible drilling rig owned by Italian energy giant Saipem offshore Norway.

about 1 year ago

Business Developments & Projects

Geotechnical surveys start at 165 MW Lillebælt Syd offshore wind farm in Denmark

Geotechnical surveys have commenced for the Lillebælt Syd offshore wind farm in Denmark, being developed by TotalEnergies, European Energy, and Danish utility company SONFOR. In the coming months, a jack-up will conduct test drilling for the eleven turbine locations at the Lillebælt Syd wind farm si

about 1 year ago

Business Developments & Projects

Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo

UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.

about 1 year ago

Source: MacArtney Underwater Technology Group (Screenshot)

Business Developments & Projects

MacArtney supplies equipment for Pacific Neutrino project

Denmark-based underwater technology specialist MacArtney Underwater Technology Group has completed production and assembly of 20 junction boxes and 1,000 meters of subsea cable for the Pacific Ocean Neutrino Experiment (P-ONE). “A significant milestone has been reached for the P-ONE project – and we

about 1 year ago

Business Developments & Projects

Serica facing stabilization setbacks after North Sea FPSO restart

The UK-based upstream oil and gas player Serica Energy is experiencing delays with stabilizing production from its fields in the North Sea, which is achieved via a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum.

about 1 year ago

Business Developments & Projects

BP, ONGC, and Reliance sign on the dotted line for oil & gas search at India’s offshore block

Three oil and gas players – BP Exploration (Alpha), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation (ONGC) – have joined forces to embark on hydrocarbon exploration activities at a block off the coast of India, which was acquired in the country’s ninth oil and gas bid round.

about 1 year ago

Business Developments & Projects

HD Hyundai, H-Line Shipping launch joint effort on AI-led autonomous vessel technologies

South Korea’s heavyweight HD Hyundai Group has entered into an agreement with compatriot maritime transport company H-Line Shipping to jointly create AI-backed autonomous, environmentally friendly vessel technology. More specifically, as disclosed, the “Joint Development of AI-Based Autonomous and E

about 1 year ago

Business Developments & Projects

Nauticus Robotics signs multi-year offshore robotics agreement

U.S.-based developer of subsea autonomous robotic systems and software, Nauticus Robotics, has signed a master services agreement (MSA) with Florida-based Advanced Ocean Systems (AOS) to support joint development of autonomous and remote offshore technologies. According to Nauticus Robotics, the mul

about 1 year ago

Business Developments & Projects

MOL names first LNG-powered VLCC for charter with Equinor

Japanese shipping company Mitsui O.S.K. Lines (MOL) has held a naming ceremony for its new LNG-fueled very large crude carrier (VLCC) to be chartered by Norway-based energy giant Equinor.

about 1 year ago

MOPU Tchatamba-A and FSO Madiela at the Tchatamba Marine-1 field approximately 100 miles southwest of Port Gentil in the Gulf of Guinea; Source: MODEC

Business Developments & Projects

End of era for Tullow as it exits Gabon after two decades

Tullow Oil, an independent energy company with operations in West Africa, has finalized the sale of its assets in Gabon to the Gabon Oil Company (GOC), the country’s national oil company.

about 1 year ago