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Business Developments & Projects

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Illustration; Source: Sinopec
Business Developments & Projects

South China Sea oil & gas discovery results confirm rich hydrocarbon promise

Sinopec’s subsidiary has evaluated its discovery offshore China, resulting in what it says is the highest daily oil & gas output in that area.

about 2 years ago
ADNOC pens $3 billion green financing deal with JBIC
Business Developments & Projects

ADNOC pens $3 billion green financing deal with JBIC

ADNOC has signed a general agreement with JBIC for a $3 billion green financing facility, which will support the company’s decarbonization and energy transition initiatives.

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about 2 years ago
Argos semi-submersible offshore platform at the Mad Dog field in the U.S. Gulf of Mexico; Source: BP
Business Developments & Projects

Keeping an eye on Hurricane Beryl: Shell, BP, and Chevron take steps to protect Gulf of Mexico staff and assets

Shell, BP, and Chevron, have taken certain precautionary measures to ensure the safety of their offshore personnel in the Gulf of Mexico.

about 2 years ago
South Koreans partner up to develop crucial materials used in power cables
Business Developments & Projects

South Koreans partner up to develop crucial materials used in power cables

South Korea-headquartered Taihan Cable & Solution and energy services company Hanwha Solutions have partnered up to work on the development of crucial materials used in high-voltage direct current (HVDC) and submarine cables, as well as extra-high-voltage (EHV) cables. The South Korean companies sig

about 2 years ago
X-Press Feeders and PaxOcean in ‘world’s first’ methanol dual-fuel boxship retrofit
Business Developments & Projects

X-Press Feeders and PaxOcean in ‘world’s first’ methanol dual-fuel boxship retrofit

X-Press Feeders has taken delivery of the first methanol dual-fuel retrofitted feeder vessel from PaxOcean’s Zhoushan yard in China.

about 2 years ago
Fenris jacket and PDM installation complete; Source: Aker BP
Business Developments & Projects

WATCH: World’s largest crane vessel installs jacket for North Sea oil project

Aker BP has ticked off another box for its oil field life extension project by putting in place a new jacket in the North Sea with a semi-submersible crane vessel.

about 2 years ago
Celsius Copenhagen (for illustration purposes only); Source: Celsius
Business Developments & Projects

GTT lands tank design gigs for LNG carrier and FSRU

GTT has been hired to design tanks for a liquefied natural gas (LNG) carrier and for a floating storage and regasification unit (FSRU).

about 2 years ago
Ammonia fuel system design cleared for Eidesvik’s offshore vessel
Business Developments & Projects

Ammonia fuel system design cleared for Eidesvik’s offshore vessel

Ammonia fuel system design developed as part of a project to install an ammonia-powered fuel cell on an offshore vessel has received preliminary approval.

about 2 years ago
An image showing Norfolk Boreas and Norfolk Vanguard East Offshore Wind sites on a map
Business Developments & Projects

Site investigations underway at RWE’s three Norfolk offshore wind project sites

RWE has kicked off geophysical and geotechnical site investigations at the Norfolk Boreas, Norfolk Vanguard East, and Norfolk Vanguard West offshore wind project sites in the UK, rights to which the German company acquired from Vattenfall earlier this year. The survey vessel Braveheart Spirit is con

about 2 years ago
Illustration; Source: ADNOC Drilling
Business Developments & Projects

AI-enhanced newbuild rig trio enlarging UAE giant’s drilling fleet thanks to $733 million oil field gig

ADNOC Drilling has tucked a new multimillion-dollar assignment under its belt with ADNOC Offshore for drilling work at a huge oil field.

about 2 years ago
Cepsa and PreZero enter alternative energies partnership
Business Developments & Projects

Cepsa and PreZero enter alternative energies partnership

Cepsa and PreZero Spain have signed a partnership agreement under which the latter will supply biomethane from some of its projects to Cepsa, and the two companies will jointly develop biomethane plants. Furthermore, the parties will work on the recovery of waste to produce second-generation biofuel

about 2 years ago
SolarDuck, with the support of RWE, has installed its floating solar project Merganser at the North Sea Farmers offshore test site in the Dutch North Sea.
Business Developments & Projects

SolarDuck and RWE install floating solar pilot at North Sea test site (Gallery)

Dutch-Norwegian company SolarDuck, with the support of offshore wind developer RWE, has installed its offshore photovoltaic (OFPV) project Merganser at the North Sea Farmers offshore test site in the Dutch North Sea.

about 2 years ago
UECC and Titan partner on bio-LNG bunkering operations
Business Developments & Projects

UECC and Titan partner on bio-LNG bunkering operations

Norwegian roll-on/roll-off shipping line United European Car Carriers (UECC) and Dutch supplier of fuels Titan Clean Fuels (Titan) have decided to collaborate on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

Green shift in 2024: Fossil fuels to top $1 trillion but lion’s share of energy investment going to clean power

Clean energy technologies and infrastructure are poised to hit $2 trillion in 2024, which is double the amount going to coal, oil, and gas.

about 2 years ago