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Business Developments & Projects

Chinese oil & gas giant on a roll as another development project comes online

China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China.

about 1 year ago

Main Pass IV jack-up rig; Source: Shelf Drilling

Business Developments & Projects

Shelf Drilling rig scores new gig offshore Nigeria

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

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about 1 year ago

Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy.

Business Developments & Projects

Wave energy added to wind and solar mix to power floating green ammonia project

Renewable energy company SwitcH2 has partnered with Swedish company CorPower Ocean to develop an industrial-scale floating green ammonia production facility partially powered by wave energy. The project, backed by Norway-based BW Offshore and Dutch Oceans Capital, aims to combine wind, solar, and w

about 1 year ago

An offshore platform with a large vessel surrounded by several smaller vessels next to it

Business Developments & Projects

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago

FSO concept for Murphy's oilfield; Source: Yinson Production

Business Developments & Projects

US player entrusts Yinson Production and PTSC JV with FSO for Asian offshore oil project

A joint venture consisting of PTSC and Yinson Production has been put in charge of the provision, charter, operation, and maintenance of a floating storage and offloading (FSO) vessel destined for an oilfield development project in the Cuu Long Basin off the coast of Vietnam in Southeast Asia, which

about 1 year ago

Business Developments & Projects

Forging ahead with fleet renewal, Maersk books 20 new dual-fuel ships

Maersk has concluded agreements with three shipyards for the construction of 20 container vessels equipped with dual-fuel engines, rounding off the newbuilding orders revealed in August 2024.

about 1 year ago

Bundled Uraduct for CHPE project; Source: CRP Subsea

Business Developments & Projects

UK firm’s cable protection solution enhances US-Canada renewable underwater energy link

CRP Subsea, part of AIS, has been picked to provide a protection solution for two high-voltage direct current (HVDC) cables and a fiber optic cable (FOC) for an underwater green electricity project between the U.S. and Canada.

about 1 year ago

Business Developments & Projects

Local player joins FLNG project seeking to make Argentina an LNG exporter

Argentina’s oil and gas firm YPF has joined a floating liquefied natural gas (FLNG) project being co-developed by Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG and Latin American integrated energy company Pan American Energy (PAE) in Argen

about 1 year ago

Business Developments & Projects

Scandlines links up with Caterpillar to explore use of e-methanol on hybrid ferries

Pursuing the goal of zero direct emissions by 2040, Scandlines signed an MoU with Caterpillar Motoren to investigate the use of e-methanol on MaK-powered ferries.

about 1 year ago

Base Materials has secured DNV type approval for its Subtec 11500 syntactic buoyancy material, enabling its use in subsea applications down to 11,500 meters.

Business Developments & Projects

UK firm achieves DNV type approval for subsea syntactic buoyancy offering

UK-based syntactic materials company Base Materials has secured DNV type approval for its syntactic buoyancy material, enabling its use in subsea applications down to 11,500 meters. According to Base Materials, the company became the first in the sector to secure DNV approval of manufacture (AoM) fo

about 1 year ago

Noble Invincible; Source: Noble Corporation

Business Developments & Projects

New North Sea oil discovery springs up as Othello opens new play in ‘dry belt’

DNO has made a new oil discovery in the southern North Sea on the Norwegian Continental Shelf (NCS), which is described as a play opener in an area previously dubbed ‘the dry belt,’ where little exploration interest was noted in recent years.

about 1 year ago

Business Developments & Projects

Hellenic Cables cheers certification of dynamic power cable for offshore wind and oil & gas platform electrification

Hellenic Cables, part of Cenergy Holdings, has tucked a new milestone under its belt with the certification of its dynamic power cable, rated at 66 kV, which is said to be designed for demanding floating offshore wind applications.

about 1 year ago

Business Developments & Projects

NYK and partners to study construction of LCO2-EP terminal-to-terminal vessels

NYK Line and its affiliate KNCC have partnered with Nihon Shipyard to study constructability of a 40,000 cubic meter terminal-to-terminal liquefied CO2 (LCO2) vessel.

about 1 year ago

Business Developments & Projects

Saipem rig finds more light oil & gas-condensate offshore Namibia

Galp has struck light oil and gas-condensate in the first well within its second exploration and appraisal program in the Orange Basin, where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia.

about 1 year ago