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Business Developments & Projects

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South Pars (SP) Phase 11; Source: IOEC
Business Developments & Projects

Russia and Iran enhance energy ties as Gazprom walks off with fresh gas supply deal

Gazprom has signed a strategic MoU on facilitating pipeline supplies of Russian natural gas to Iran with the National Iranian Gas Company.

about 2 years ago
Aberdeen-based energy services firm buys local subsea engineering company
Business Developments & Projects

Aberdeen-based energy services firm buys local subsea engineering company

Aberdeen-based energy services company THREE60 Energy has acquired a local subsea engineering company with the aim of enhancing its capabilities. With the acquisition of Samphire Subsea, THREE60 said it expects to further enhance its lifecycle solutions offering by adding subsea engineering, operati

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about 2 years ago
Oooguruk development, which represented the third offshore production facility to be constructed in the Alaskan Beaufort Sea, is partially protected from wave and ice attack by virtue of its location
Business Developments & Projects

US firm snatches up Eni’s two shallow water oil fields off Alaska’s North Slope coast

Eni has clinched a deal with the U.S.-based Hilcorp to sell two oil assets off the coast of Alaska, as part of its efforts to rebalance its upstream portfolio and divest non-strategic assets.

about 2 years ago
Indian Hygenco and Swiss Ameropa eye green ammonia collaboration
Business Developments & Projects

Indian Hygenco and Swiss Ameropa eye green ammonia collaboration

Hygenco Green Energies and Ameropa have signed a term sheet in view of the potential supply of green ammonia from Hygenco’s planned ammonia project in Odisha, India.

about 2 years ago
Höegh Autoliners
Business Developments & Projects

Höegh Autoliners secures 5-year deal for US to Middle East trade

Norwegian RoRo transportation services provider Höegh Autoliners has signed a five-year contract with an unnamed ‘major’ international car producer for the transport of cars from the US and Mexico to the Middle East.

about 2 years ago
EPS and Yinson GreenTech complete Singapore’s first fully electric cargo delivery
Business Developments & Projects

EPS and Yinson GreenTech complete Singapore’s first fully electric cargo delivery

Eastern Pacific Shipping and Yinson GreenTech have completed the first cargo and crew deliveries with a fully electric vessel in Singapore.

about 2 years ago
Preparatory ops for offshore installation of French-Irish interconnector about to begin
Business Developments & Projects

Preparatory ops for offshore installation of French-Irish interconnector about to begin

Greece’s Asso.subsea is set to begin boulder clearance and trenching next month for the interconnector that will link the power systems of Ireland and France together for the first time via subsea power cable. It was reported in May that Asso.subsea had joined forces with French cable maker Nexans t

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business Developments & Projects

Fresh oil & gas find emerges as latest contender for tie-back to North Sea platform

Vår Energi has made a new commercial oil and gas discovery in the North Sea, which contains estimated gross recoverable resources of 18-39 mmboe.

about 2 years ago
Illustration/ Triton wave energy device concept, developed by Oscilla Power (Courtesy of Oscilla Power)
Business Developments & Projects

US DOE’s nearly $5M grant to boost small businesses in hydropower and marine energy

The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has launched a funding opportunity of $4.8 million to support programs that accelerate the commercialization and support of hydropower and/or marine energy businesses.

about 2 years ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Business Developments & Projects

Turning Guyana block’s oil promise into reality: Two players proclaim potential commercial interest

CGX Energy and Frontera Energy are seeking to undertake additional action to tap into and unleash the hydrocarbon resources on the Corentyne block offshore Guyana.

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

TotalEnergies moves in on offshore block in São Tomé and Príncipe

TotalEnergies has set the ball rolling to take charge of an offshore exploration license off the coast of São Tomé and Príncipe.

about 2 years ago
Kingdom 2 jack-up rig; Source: Lamprell
Business Developments & Projects

Newbuild jack-up rig leaves UAE yard and sets sail to Saudi Arabia

Lamprell has completed the construction and delivery of a second of 20 planned newbuild offshore jack-up rigs, destined to work in Saudi Arabian waters.

about 2 years ago
A map showing the location and delineation of the Pooki offshore wind farm Finland
Business Developments & Projects

Skyborn kicks off survey work for 2.5 GW Pooki offshore wind farm in Finland

Skyborn Renewables has started site investigations in Finland, at a location where the company plans to build the 2.5 GW Pooki offshore wind farm, an extension of the former Suurhiekka project which was also being developed by Skyborn (wpd at the time). The work started with bird and subsea acoustic

about 2 years ago
Deepwater Asgard drillship; Source: Transocean
Business Developments & Projects

Transocean drillship staying on Gulf of Mexico duty with US oil & gas firm for another year

Transocean has tucked a multi-million contract extension in the U.S. Gulf of Mexico under its belt for a drillship employed by Hess Corporation.

about 2 years ago