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Business Developments & Projects

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Stillstrom comes onboard Maritime Battery Forum
Business Developments & Projects

Stillstrom comes onboard Maritime Battery Forum

The Maritime Battery Forum (MBF) has welcomed Stillstrom as its newest member.

about 1 year ago
Australian wave energy prototype wraps up demonstration campaign
Business Developments & Projects

Australian wave energy prototype wraps up demonstration campaign

‘Kwilyilah’, the University of Western Australia’s (UWA) Moored MultiModal Multibody (M4) wave energy converter (WEC), has completed its deployment campaign in King George Sound, Albany.

about 1 year ago
FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Business Developments & Projects

LNG terminal electrification moving forward as contractor gets shore connection job

KN Energies (KN), former Klaipedos Nafta, has picked a contractor for engineering, procurement, and construction (EPC) works related to its LNG terminal electrification project on Lithuania’s Kiaulės Nugara Island.

about 1 year ago
Two connected offshore platforms
Business Developments & Projects

‘Major’ 130-well P&A gig with Repsol goes to Archer

Oil services company Archer has signed a long-term contract with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, related to late-life and plug and abandonment (P&A) services across the latter’s platform portfolio.

about 1 year ago
A vessel at sea
Business Developments & Projects

SBM Offshore bags FPU contract for BP’s US Gulf deepwater project

BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has signed a contract with the Netherlands-based SBM Offshore for the work related to a semi-submersible floating production unit (FPU) destined for the former’s deepwater project in the Gulf of America, formerly the Gu

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

$3 billion loan in the bag for Venture Global’s $28B US LNG export project in Louisiana

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a $3 billion bank loan facility with 19 banks to continue manufacturing, procurement, and engineering of a natural gas liquefaction and export facility for its proposed multibillion-do

about 1 year ago
Wallenius Wilhelmsen
Business Developments & Projects

May momentum builds for Wallenius Wilhelmsen

The beginning of May has been busy for Norwegian shipping and logistics company Wallenius Wilhelmsen as it completed two major business transactions.

about 1 year ago
TotalEnergies breaks ground on Middle East’s first LNG bunkering hub
Business Developments & Projects

TotalEnergies breaks ground on Middle East’s first LNG bunkering hub

French energy giant TotalEnergies and Oman’s OQ Exploration and Production (OQEP) have kicked off construction of the Marsa LNG plant in the port of Sohar, taking the next step toward establishing the Middle East’s first LNG bunkering hub.

about 1 year ago
Statkraft cancels 40 MW electrolyzer deal with Nel
Business Developments & Projects

Statkraft cancels 40 MW electrolyzer deal with Nel

Norwegian renewable energy supplier Statkraft has cancelled its 40 MW alkaline electrolyzer contract with compatriot hydrogen technology company Nel.

about 1 year ago
A floating production storage and offloading unit at sea
Business Developments & Projects

With Brazilian oil project approved, BW Energy sets sights on doubling output by 2028

Oslo-listed oil and gas E&P player BW Energy has taken the final investment decision (FID) for a development in the Campos Basin field offshore Brazil. The project will encompass an integrated drilling and wellhead platform (WHP) and a refurbished floating production storage and offloading (FPSO) un

about 1 year ago
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Unlocking Digital Potential in Offshore Wind
Business Developments & Projects

Unlocking Digital Potential in Offshore Wind

The offshore wind industry stands at a pivotal moment. With the growing global demand for renewable energy, the sector must evolve beyond traditional installation methods to improve efficiency, reduce costs, and enhance sustainability. While technological advancements have driven down costs through

about 1 year ago
FPSO Peregrino; Credit: Felipe Torres/Equinor
Business Developments & Projects

Equinor bids adieu to its largest offshore asset outside Norway for $3.5 billion

PRIO is expanding its interest in a field off the coast of Brazil by buying the stake Norway’s Equinor holds in what is considered to be its largest operated field outside Norway.

about 1 year ago
Ursa platform; Source: Shell
Business Developments & Projects

Shell enlarges its stake in US deepwater oil assets with $735M buy

Shell has acquired the interests ConocoPhillips, a U.S. oil major, held in its assets in the Gulf of America (GoA), formerly known as the Gulf of Mexico (GoM).

about 1 year ago
Another $1.25B win for Subsea7 at Petrobras' deepwater field
Business Developments & Projects

Another $1.25B win for Subsea7 at Petrobras’ deepwater field

Subsea7 has secured a contract worth over $1.25 billion with Brazilian oil & gas giant Petrobras for a field located at 2,000 meters of water depth off the coast of Rio de Janeiro. Under the contract defined as “super-major”, Subsea7’s scope includes engineering, procurement, fabrication, installati

about 1 year ago
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