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Business Developments & Projects

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Oseberg East field; Source: Øyvind Hagen/Equinor
Business Developments & Projects

Baker Hughes picks up P&A gig at North Sea oil field

Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

about 1 year ago
Two vessels side by side at sea
Business Developments & Projects

More capacity slots up for grabs at Italy’s regasification terminal

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, intends to hold capacity allocation auctions without expressions of interest for regasification capacity at its floating storage and regasification unit (FSRU) moored off

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about 1 year ago
Illustration: Odfjell Technology
Business Developments & Projects

UK-US partnership sets its cap on enhancing oilfield market offerings

Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

about 1 year ago
Seaturns' wave energy device. Source: Seaturns
Business Developments & Projects

Seaturns to deploy full-scale wave energy device at offshore test site in 2025

French wave energy developer Seaturns has signed an agreement with the OPEN-C Foundation to deploy a full-scale wave energy demonstrator at the SEM-REV offshore test site near Le Croisic, with installation scheduled for summer 2025. According to Seaturns, the move follows the completion of reduced-s

about 1 year ago
A man seen from behind
Business Developments & Projects

North Sea helifuel deal with ‘major’ operator goes to UK player

Scotland-headquartered provider of energy solutions OEG has won a multi-year helifuel services contract with what it says is a major UK operator.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Business Developments & Projects

Another exploration well on duo’s drilling agenda in Black Sea

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have set their sights on drilling a second exploration well at a block in the Black Sea off the coast of Bulgaria.

about 1 year ago
Fugro employee doing lab tests in the Curitiba laboratory in Brazil
Business Developments & Projects

Jakarta gets new Fugro geotechnical lab as demand for projects rises

The Netherlands-headquartered Fugro has expanded its regional footprint with the launch of a new geotechnical testing laboratory in Jakarta, Indonesia, aiming to support growing demand in the energy and infrastructure sectors. According to Fugro, the 550 square meter facility houses more than 30 tes

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

Chinese firms team up on AI-driven floating energy solutions

China-based provider of clean energy services Wison New Energies (WNE) has signed a strategic cooperation agreement with compatriot provider of solutions for intelligent manufacturing, SUPCON Technology, to leverage AI for use in floating liquefied natural gas (FLNG) and floating production, storage

about 1 year ago
Catalina Express commissions Incat Crowther for new low-emission ferry design
Business Developments & Projects

Catalina Express commissions Incat Crowther for new low-emission ferry design

Australia-based shipbuilder Incat Crowther has been commissioned by Los Angeles operator Catalina Express to design a new low-emission, renewable diesel-powered passenger ferry.

about 1 year ago
Illustration; Source: NKT
Business Developments & Projects

NKT brings power cable factory in Portugal under one brand

In a move designed to enhance its position in the European market, NKT, a Denmark-headquartered power cable manufacturer and installation firm, has taken the next step toward integration by rebranding its acquired medium- and high-voltage power cable factory in Esposende, Portugal.

about 1 year ago
Knut Jølberg from TESS Subsea & Engineering, Kristian Karlsen from Connector Subsea Solutions and Ronny B. Johnsen from HTC Dynamics (PHOTO: Veronika Stuksrud / Fotova))
Business Developments & Projects

Norwegian trio launches Subsea Distribution Alliance

Norwegian firms HTS Dynamics, Connector Subsea Solutions, and TESS Subsea & Engineering have formed the Subsea Distribution Alliance to streamline the delivery of subsea infrastructure, covering the entire process from design to deployment. The new alliance combines Connector Subsea Solutions’ techn

about 1 year ago
Illustration; Source: ADNOC Gas
Business Developments & Projects

Trio lands $5B contracts to support ADNOC’s gas output expansion

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has taken a final investment decision (FID) for the first phase of its project aiming to optimize existing gas assets while unlocking new gas streams. As part of this, the UAE giant has handed out engineering, procurement,

about 1 year ago
Quest One and MasTec CE&I join forces to scale green hydrogen solutions in North America
Business Developments & Projects

Quest One and MasTec CE&I join forces to scale green hydrogen solutions in North America

Quest One and MasTec Clean Energy & Infrastructure (CE&I) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen solutions in North America.

about 1 year ago
Wheatstone LNG project; Source: Chevron
Business Developments & Projects

New milestone for Chevron’s Australian gas project with 1,000th LNG cargo send-off

Chevron has reached a new achievement at its gas project off the coast of Australia, which is considered to be one of the country’s largest resource developments and its first liquefied natural gas (LNG) hub.

about 1 year ago