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Business Developments & Projects

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Santorini drillship; Source: Saipem
Business Developments & Projects

Saipem rig kicks off second drilling campaign off Namibia after first one yielded oil discoveries

Galp has embarked on 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, which is situated close to recent discoveries made by Shell and TotalEnergies.

about 2 years ago
Disney Cruise Line welcomes second LNG-powered ship
Business Developments & Projects

Disney Cruise Line welcomes second LNG-powered ship

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German shipbuilder Meyer Werft has delivered the second LNG-powered cruise ship, Disney Treasure, to U.S.-based Disney Cruise Line. Disney Treasure was delivered on October 24, 2024, earlier than contractually agreed, according to Meyer Werft. The ship featuring 1,240 cabins, a size of 144,000 GT, a

about 2 years ago
Viridien and SLB's first Australian partnership looks into exploration and carbon storage potential
Business Developments & Projects

Viridien and SLB’s first Australian partnership looks into exploration and carbon storage potential

France-based geophysical services company Viridien, formerly known as CGG, and American oilfield services company SLB have partnered for the first time in Australia to gather data into the exploration and carbon storage potential of the Bonaparte Basin. Viridien reported on October 24 that the partn

about 2 years ago
Mitsubishi links up with Idemitsu for joint study on low-carbon ammonia
Business Developments & Projects

Mitsubishi links up with Idemitsu for joint study on low-carbon ammonia

Japanese companies Idemitsu Kosan and Mitsubishi Corporation have entered into an agreement to jointly study the efficient operation of clean ammonia carriers and transshipment terminals as well as the structuring of a low-carbon ammonia supply chain. In addition to the efficient operation of clean

about 2 years ago
Transocean Spitsbergen rig; Source: Transocean
Business Developments & Projects

Transocean rigs clinch $1.3 billion in offshore drilling gigs

Transocean has got hold of a new batch of contracts and extensions in the U.S. Gulf of Mexico, India, Norway, and Australia for six floaters, encompassing four drillships and two semi-submersible rigs.

about 2 years ago
HydroQuest’s concept for its next-gen 2.5MW tidal turbines (Courtesy of HydroQuest)
Business Developments & Projects

Innovation Fund backs 29 MW tidal power expansion in Normandy with €51M

French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two tidal energy projects in France’s Raz Blanchard. The funding, awarded under the Innovation Fund’s 2023 call, emphasizes the role of European sup

about 2 years ago
SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification
Business Developments & Projects

SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification

Public ferry service provider San Francisco Bay Ferry (SF Bay Ferry) has received a $12.5 million grant to set up electric vessel charging infrastructure at the Harbor Bay Ferry Terminal in Alameda as part of the Rapid Electric Emission-Free Ferry (REEF) Program. SF Bay Ferry’s REEF Program includes

about 2 years ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Business Developments & Projects

More gas flows to Australian market as Beach Energy brings offshore duo on stream

Beach Energy has started production from two wells in the Otway Basin in Commonwealth waters, approximately 65 km southwest of the Victorian coastline.

about 2 years ago
TotalEnergies assigns more work to Shearwater offshore Angola
Business Developments & Projects

TotalEnergies assigns more work to Shearwater offshore Angola

Norwegian marine geoscience and technology company Shearwater GeoServices has secured its second contract with French energy giant TotalEnergies for a project offshore Angola. The project will include a three-month deepwater ocean bottom node (OBN) survey covering the Golfinho and Cameia fields, loc

about 2 years ago
Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition
Business Developments & Projects

Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition

Port of Amsterdam and Port of Den Helder have decided to strengthen their cooperation on energy transition, offshore wind, and hydrogen through a new memorandum of understanding (MoU). The Dutch ports signed the MoU on October 23, 2024, to intensify their collaboration in the areas of commerce, oper

about 2 years ago
The first floating solars for the Hollandse Kust Noord offshore solar farm have arrived at the Port of Amsterdam, which will be installed at the Dutch CrossWind Hollandse Kust Nord (HKN) offshore wind
Business Developments & Projects

First floating solars arrive in Port of Amsterdam for installation at North Sea offshore wind farm

The first floating solars for the Hollandse Kust Noord (HKN) offshore solar farm have arrived at the Port of Amsterdam, set for installation at the Dutch CrossWind HKN offshore wind farm. Planned for a 2025 installation, the Hollandse Kust Noord solar farm is expected to be what the company describe

about 2 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business Developments & Projects

TotalEnergies, Equinor among players pursuing decarbonization project for floating and fixed offshore installations

Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc

about 2 years ago
Illustration; Source: Sunda Energy, former Baron Oil
Business Developments & Projects

Rig activity overruns defer UK firm’s drilling ops on gas field offshore Timor-Leste

UK-based and AIM-listed Sunda Energy, former Baron Oil, has disclosed a new timeline for the drilling of an appraisal well at a gas field off the coast of Timor-Leste.

about 2 years ago
Jackdaw platform; Source: Aker Solutions
Business Developments & Projects

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 2 years ago