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Business Developments & Projects

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Expro wins three-year contract for Mexican deepwater oil & gas project
Business Developments & Projects

Expro wins three-year contract for Mexican deepwater oil & gas project

Energy services provider Expro has won a contract with Woodside Energy to deliver tubular running services (TRS) and cementing services for what is expected to be Mexico’s first deepwater oil production facility. The three-year contract for the Trion deepwater oil & gas development will see Expro es

about 1 year ago
Montara field FPSO
Business Developments & Projects

Production prospects improve as Jadestone’s Timor Sea drilling ops near completion

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The analysis of a drilling campaign in the Timor Sea undertaken by Singapore’s Jadestone Energy has pointed to production rates exceeding previous estimates.

about 1 year ago
ITOCHU orders ammonia bunkering vessel for demonstration project in Singapore
Business Developments & Projects

ITOCHU orders ammonia bunkering vessel for demonstration project in Singapore

Japanese trading company ITOCHU Corporation has contracted compatriot Sasaki Shipbuilding to construct a 5,000 cubic meter (cbm) ammonia bunkering vessel and Izumi Steel Works to build an ammonia tank plant that will be loaded onto the vessel.

about 1 year ago
Three connected offshore platforms at sunset
Business Developments & Projects

Azule Energy strikes gas in Angola’s pioneering wildcat

Azule Energy, a joint venture between Eni and BP, has made a gas discovery in an offshore block situated in Angola’s Lower Congo Basin.

about 1 year ago
An FPSO at sea
Business Developments & Projects

ExxonMobil wins extension for block offshore Angola

The Angolan subsidiary of U.S.-headquartered energy major ExxonMobil and its consortium partners have secured an extension of a production sharing contract (PSC) for a block offshore Angola.

about 1 year ago
LS Cable LS Marine solution anma
Business Developments & Projects

LS Cable & System signs contracts for 532 MW offshore wind farm in South Korea

LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth ₩177 billion (approximately $185 million). LS Marine Solution will be responsible for laying the sub

about 1 year ago
Pinnacle Marine introduces Singapore’s first fully biodiesel-powered harbor craft
Business Developments & Projects

Pinnacle Marine introduces Singapore’s first fully biodiesel-powered harbor craft

Singapore-based vessel builder Pinnacle Marine has launched its first B100 biofuel-powered utility boat, paving the way for the nation’s sustainable harbor craft sector.

about 1 year ago
Two men shaking hands
Business Developments & Projects

Naftogaz teams up with Baker Hughes to modernize Ukrainian energy sector

Ukraine’s state-owned energy company Naftogaz has signed a memorandum of understanding (MoU) with U.S.-headquartered energy technology giant Baker Hughes to explore opportunities for fortifying the energy sector in Ukraine.

about 1 year ago
LNG-fueled Star of the Seas joins Royal Caribbean fleet
Business Developments & Projects

LNG-fueled Star of the Seas joins Royal Caribbean fleet

U.S.-based cruise holding company Royal Caribbean has taken delivery of an LNG-fueled Icon-class newbuild Star of the Seas from Finnish shipbuilder Meyer Turku.

about 1 year ago
€2.45 million wave energy project targets Atlantic coastal deployment
Business Developments & Projects

€2.45 million wave energy project targets Atlantic coastal deployment

Wave energy developer Eco Wave Power has joined a newly approved €2.45 million project under the Interreg Atlantic Area Program, focused on advancing scalable wave energy deployment across Europe’s Atlantic coastline. According to Eco Wave Power, the project, named Atlantic Wave Energy Sustainable

about 1 year ago
Vallourec's orders surge with ADNOC, CNOOC and PetroChina deals
Business Developments & Projects

Vallourec’s orders surge with ADNOC, CNOOC and PetroChina deals

French provider of tubular solutions Vallourec has secured a number of new contracts under which it is set to deliver oil country tubular goods (OCTG) to the UAE’s Abu Dhabi National Oil Company (ADNOC), as well as CNOOC and PetroChina in Iraq. ADNOC has placed an order described as significant for

about 1 year ago
SHI
Business Developments & Projects

SHI, Evergreen team up on VR dual fuel vessel seafarer training

South Korean shipbuilder Samsung Heavy Industries (SHI) has collaborated with Taiwanese container shipping company Evergreen to develop and install virtual reality (VR) solutions intended to teach seafarers how to operate green ships.

about 1 year ago
Skandi Tender vessel at sea
Business Developments & Projects

AHTS vessel pair leaving DOF’s fleet

The Danish subsidiary of Norway’s vessel owner DOF Group has inked deals with an undisclosed international buyer to sell two vessels from its fleet.

about 1 year ago
European Investment Bank approves €168M for second Malta-Italy interconnector
Business Developments & Projects

European Investment Bank approves €168M for second Malta-Italy interconnector

The European Investment Bank (EIB) has approved financing in the amount of approximately €168 million for the second electrical interconnector between Malta and Italy. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna subs

about 1 year ago