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Business Developments & Projects

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Transocean Equinox rig; Source: Transocean
Business Developments & Projects

ConocoPhillips ticks seabed surveys off its list ahead of Australian drilling ops

ConocoPhillips has wrapped up seabed surveys over potential drilling locations to support its gas exploration activities in the Otway Basin off the coast of Australia.

about 1 year ago
Shearwater GeoServices orders two deepwater XL ROVs from compatriot firm
Business Developments & Projects

Shearwater GeoServices orders two deepwater XL ROVs from compatriot firm

Norway-headquartered marine geoscience and technology company Shearwater GeoServices has placed an order with compatriot Argus Remote Systems for the delivery of two XL work-class remotely operated vehicles (WROVs) for deepwater operations. Under the contract, Argus Remote Systems will deliver two A

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about 1 year ago
Mist rig; Source: Borr Drilling
Business Developments & Projects

Borr rig wraps up Gulf of Thailand job with new oil finds for Valeura

Canada-based oil and gas company Valeura Energy has completed a multi-well drilling campaign in the Gulf of Thailand using Borr Drilling’s jack-up rig. As disclosed by Valerua, the campaign was done on licence B5/27, in which the firm has a 100% operated working interest. The license covers the prod

about 1 year ago
SAAM Towage
Business Developments & Projects

SAAM Towage electric tugs achieve 72% carbon intensity reduction in Canada

A little over a year has passed since Chile-headquartered towage services provider SAAM Towage deployed its 100% electric tugs in Canada. Within this timeframe, the company said that it has achieved “massive” reductions in greenhouse gas (GHG) emissions. As disclosed, one year of operations in the G

about 1 year ago
ESL Shipping
Business Developments & Projects

ESL Shipping secures new €70M loan to finance next-gen green ships

Finland-based shipowner ESL Shipping has signed a €70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance a series of four methanol-fueled 17,000 dwt Handysize vessels.

about 1 year ago
Woodfibre LNG
Business Developments & Projects

First ‘large-scale’ pieces for Canada’s $5.1B LNG terminal puzzle reach their destination (Gallery)

With the arrival of the first batch of modules, Woodfibre Management has revealed an important step forward in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

about 1 year ago
Singapore, Malaysia eye importing offshore wind power from Vietnam
Business Developments & Projects

Singapore, Malaysia eye importing offshore wind power from Vietnam

Energy companies from Singapore, Malaysia, and Vietnam have signed a joint development agreement to explore cross-border renewable energy links, focusing on exporting offshore wind power from Vietnam. Through this agreement, Malaysia, as represented by MY Energy Consortium, a consortium established

about 1 year ago
Wood secures work on UAE’s first large-scale methanol production plant
Business Developments & Projects

Wood secures work on UAE’s first large-scale methanol production plant

UK engineering and consulting company Wood has received a contract from the UAE’s chemicals and transition fuels hub TA’ZIZ to provide project management consultancy (PMC) for the development of “one of the largest methanol plants in the world”.

about 1 year ago
Ascenz Marorka and Emerson partner on smart ship solutions
Business Developments & Projects

Ascenz Marorka and Emerson partner on smart ship solutions

Ascenz Marorka and Emerson Marine Solutions have entered a strategic partnership to enhance fuel efficiency, transparency, operational performance, and sustainability within the maritime sector.

about 1 year ago
Deltamarin
Business Developments & Projects

Deltamarin signs deal for Finnlines’ new future-proof RoPax units

Finnish marine engineering company Deltamarin has inked a deal with the China Merchants Jinling Shipyard (Weihai) to design and develop new Hansa Superclass roll-on/roll-off passenger vessels (RoPax) for compatriot shipping player Finnlines. As informed, following the wrap-up of the concept and cont

about 1 year ago
EU flags
Business Developments & Projects

EU names 44 oil & gas contributors to 2030 CO2 injection targets

The European Commission has adopted a delegated regulation and a corresponding decision outlining the obligations for oil and gas producers related to the targets set by the European Union (EU) for CO2 storage.

about 1 year ago
Leadership change at Scana as new CEO takes over
Business Developments & Projects

Leadership change at Scana as new CEO takes over

Norway-headquartered offshore energy technology and services provider Scana is undergoing a leadership change with the appointment of a new chief executive officer (CEO). Following Pål Selvik’s decision to step down from the position, Scana has appointed Baste Tveito, previously its chief operating

about 1 year ago
Source: Inyanga Marine Energy Group
Business Developments & Projects

Inyanga Marine Energy awards contract for Welsh tidal energy project

UK-based Inyanga Marine Energy Group has awarded a contract to Hutchinson Engineering, a compatriot firm, to fabricate key components for its HydroWing tidal energy device, part of the 20 MW array to be deployed at the Morlais site off Anglesey, Wales. According to Inyanga Marine Energy, the contrac

about 1 year ago
FSRU Excelsior; Source: Deutsche Energy Terminal (DET)
Business Developments & Projects

Boost for Germany’s energy security comes with third LNG terminal up and running

Deutsche Energy Terminal (DET) has given a leg-up to Germany’s energy security with the start-up of a second LNG terminal in Wilhelmshaven, which represents the country’s third LNG import terminal.

about 1 year ago