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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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LNG carrier (for illustration purposes); Source: GTT

Business Developments & Projects

Multiple tank design orders for LNG vessels in GTT’s bag

French technological containment specialist Gaztransport & Technigaz (GTT) has won new tank design jobs for liquefied natural gas (LNG) carriers (LNGCs) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hanwha Ocean.

about 4 months ago

Business Developments & Projects

RWE to carry out pre-installation survey at Vanguard West OWF site

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A pre-installation survey campaign is set to begin at RWE’s 1.4 GW Vanguard West offshore wind site in the UK. According to a Notice to Mariners issued by the developer, the survey vessel Breaker is expected to mobilize on or around June 15 to carry out a pre-installation survey within the project’s

about 4 months ago

Business Developments & Projects

All inter-array cables at Ørsted’s new offshore wind farm in Taiwan installed and energized

All inter-array cables at the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan have been installed and energized, and all 42 wind turbines at the project’s second phase, the 583 MW Greater Changhua 4, are now connected to Taipower’s grid and generating electricity. “We’re continuing co

about 4 months ago

Business Developments & Projects

Strait of Hormuz closure: Tight LNG markets, oil prices could soar to $200

With more than 80 million tonnes per annum (mtpa) of liquefied natural gas (LNG) supply, representing around 20% of global supply, being inaccessible to global markets, the Strait of Hormuz closure has the potential to spark the biggest energy supply shock in decades, according to Wood Mackenzie, an

about 4 months ago

Business Developments & Projects

Oil price spike spurs windfall tax proposals in Brazil, EU, US, and Australia

As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.

about 4 months ago

Business Developments & Projects

French firm enters deal for bioenergy with CCS projects in Brazil

French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collabor

about 4 months ago

Illustration; Source: Offshore Energies UK (OEUK)

Business Developments & Projects

UK’s North Sea industry demands action on prioritizing domestic energy

As the North Sea offshore energy industry voices urge the UK government to put an end to reliance on imports, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the need for the government to focus on unlocking homegrown power of supply to mitigate the

about 4 months ago

Business Developments & Projects

Eidesvik’s 2004-built vessel staying on with Equinor until year-end

Norwegian offshore vessel owner Eidesvik Offshore has landed an extension for its 22-year-old supply ship, which is working for Equinor, a compatriot state-owned energy giant.

about 4 months ago

An offshore platform being approached by a small vessel

Business Developments & Projects

Prosafe on the lookout for more vessel work to enrich its fleet’s backlog

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet utilization for last month and its plans for the future.

about 4 months ago

Business Developments & Projects

More work with Petrobras on Baker Hughes’ oil & gas scope in Brazilian waters

U.S.-headquartered energy technology giant Baker Hughes has secured a contract extension with Brazil’s state-owned energy giant Petrobras for the expansion of integrated well construction operations across the South American country’s pre-salt offshore oil and gas fields.

about 4 months ago

Business Developments & Projects

QatarEnergy prolongs force majeure, Edison’s total affected LNG cargoes reach 17

Qatar’s state-owned oil and gas giant QatarEnergy has notified Italy’s Edison about a contractual force majeure extension, adding five more liquefied natural gas (LNG) cargos to the existing list of impacted ones.

about 4 months ago

Business Developments & Projects

ABS endorses SBM Offshore’s Shell-backed FPSO deepwater cooling tech

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received the green light for its seawater intake riser (SWIR) technology from American Bureau of Shipping (ABS), a classification society.

about 4 months ago

Business Developments & Projects

IMO approves new safety guidelines for ammonia-fueled ships

The International Maritime Organization (IMO) has approved the new safety guidelines for the use of ammonia as fuel on gas carriers, providing a practical framework to manage the associated safety risks, particularly its toxicity and handling requirements. The guidelines were developed through colla

about 4 months ago

Business Developments & Projects

ABL finds work on ExxonMobil’s huge Australian offshore decom campaign

ABL, part of Oslo-listed global consultancy group ABL Group, has been hired to support Esso Australia Resources (Esso), a subsidiary of U.S.-headquartered energy giant ExxonMobil, during an offshore removal campaign of multiple platforms, hundreds of wells, and subsea infrastructure off the coast of

about 4 months ago