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Business Developments & Projects

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yellow wave buoy in open sea
Business Developments & Projects

Solar-powered buoy network to enhance coastal data across Australia

Researchers at the University of Western Australia (UWA) have launched a national network of solar-powered wave buoys to improve data on wave-driven processes and coastal change. The network, part of the Integrated Marine Observing System (IMOS) Coastal Wave Buoys Facility, is led by Mike Cuttler an

about 1 year ago
Shanghai Electric
Business Developments & Projects

China’s first full-cycle commercial green methanol project is operational

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The integrated green methanol demonstration project of Shanghai Electric, a Chinese power generation and electrical equipment manufacturing company, has completed the first delivery of green methanol.

about 1 year ago
EnQuest
Business Developments & Projects

New operator taking the helm at undeveloped gas fields offshore Brunei

EnQuest EP, a subsidiary of London Stock Exchange-listed energy player EnQuest, has secured a production sharing agreement (PSA) for Block C, covering three offshore fields in Brunei Darussalam, for which a final investment decision (FID) is anticipated to be reached within the next two years.

about 1 year ago
Allseas resumes pipelaying at Dutch CCS project after technical setback
Business Developments & Projects

After one-month technical delay, Allseas resumes pipelaying at first Dutch offshore CCS project

Allseas has resumed pipelaying for the first offshore carbon capture and storage (CCS) project in the Netherlands after a one-month break caused by a technical issue. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic was in charge of a special unexploded ordnance (UXO) survey along t

about 1 year ago
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
Business Developments & Projects

South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan

YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.

about 1 year ago
Subsea cable protection tech installed at tidal energy site off Orkney
Business Developments & Projects

Subsea cable protection tech installed at tidal energy site off Orkney

UK-based subsea technology company Vesipro has supplied 1,366 meters of its Blue Ocean Protectors (BOP0130, 120 millimeter bore) to support the installation of a 33 kV subsea power cable at a high-current tidal energy site in Orkney, Scotland. According to the UK-based company, the site is known for

about 1 year ago
An offshore platform
Business Developments & Projects

Full offtake from Conrad’s Indonesian gas field booked by local utility

Singapore-headquartered natural gas player Conrad Asia Energy has signed a binding agreement for the sale and purchase of natural gas with PT PLN Energi Primer Indonesia (PLN EPI), a wholly owned subsidiary of Indonesian state-owned electric utility company PT Perusahaan Listrik Negara (Persero), or

about 1 year ago
UK's fourth subsea electricity superhighway to sport Siemens ENergy converter stations
Business Developments & Projects

UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Gr

about 1 year ago
EnerMech
Business Developments & Projects

EnerMech staying on with North Sea operator for two more years

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has landed a contract extension with an undisclosed operator in the North Sea.

about 1 year ago
ITS
Business Developments & Projects

ITS embarks on $365M expansion project at Port of Long Beach

International Transportation Service (ITS), a container terminal operator in the US Port of Long Beach, has launched a ‘transformative’ $365 million terminal expansion project.

about 1 year ago
Chevron-operated Leviathan gas asset; Source: NewMed Energy
Business Developments & Projects

‘Exciting’ marine phenomenon at offshore gas platform ignites spark of scientific research

CSA Ocean Sciences Inc. (CSA), a marine environmental consulting firm, has shed light on a scientific discovery at an offshore natural gas platform in the Mediterranean Sea, which has spurred subsequent investigation among faculty members at Tel Aviv University and collaborating partners in the regi

about 1 year ago
1999-built Solstad vessel nets contract with Petrobras
Business Developments & Projects

Solstad vessel built in 1999 nets contract with Petrobras

Norwegian shipping company Solstad Offshore has secured a contract with Brazilian oil & gas player Petrobras for a construction support vessel (CSV) built in 1999. The CSV Normand Pioneer will be on a bareboat contract from the vessel owner Solstad Maritime ASA (SOMA) to Solstad Offshore, which is t

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Business Developments & Projects

No oil for Equinor in North Sea wildcat

Norwegian state-owned energy giant Equinor has encountered a dry well at its prospect in the North Sea offshore Norway.

about 1 year ago
CP2 LNG; Source: Venture Global
Business Developments & Projects

Eni picks Venture Global as its first long-term US LNG supplier

Italy’s oil and gas giant Eni has executed a liquefied natural gas (LNG) sales and purchase agreement (SPA) with U.S. energy player Venture Global.

about 1 year ago