Business Developments & Projects
Shell and Seatrium strengthen floating production systems ties
Seatrium is pooling resources with Shell to bolster collaboration opportunities in floating production systems.
Seabed survey of potential offshore wind area in North Sea goes to Finnish firm
Arctia has been tasked with carrying out a hydrographic seabed survey of a potential offshore wind farm area in the Norwegian waters.
Saipem wraps up work on gas project destined to boost Europe’s LNG arsenal
Saipem has completed its subsea assignment on a natural gas project off the coast of Greece, which will bolster Southeast Europe’s LNG supply.
ExxonMobil greenlights its $12.7 billion oil project offshore Guyana and firms up FPSO deal with SBM Offshore
ExxonMobil has decided to move forward with the development of its sixth deepwater oil project on the Stabroek block off the coast of Guyana.
Canada’s province clears World Energy GH2’s green hydrogen project
Newfoundland and Labrador has released World Energy GH2’s green hydrogen project from further environmental assessment.
Subsea7 picks up multimillion-dollar job in Gulf of Mexico
Subsea 7 has won a new assignment for a subsea tie-back of an oil and natural gas discovery to an existing platform in the Gulf of Mexico.
UK’s pursuit of digitalization making way for integrated energy system to boost security of supply and net zero aspirations
Aimed at enhancing collaboration and data sharing among North Sea players, the principles should enable the UK to fortify energy security.
Shell backs wave energy project offshore US
UK-headquartered energy giant Shell has teamed up with Swedish-Israeli wave energy developer, Eco Wave Power, to collaborate on what is the first wave energy project in the U.S. for both companies.
Woodside’s change of heart enables it to keep oil & gas assets offshore Australia
Woodside has changed its mind about selling its participating interests in oil and gas assets located off the coast of Western Australia.
Lack of digital processes in shipping complicates decarbonization game
There is a potential for significant carbon reductions through the adoption of digital processes in the shipping sector, a new study published by Global Shipping Business Network (GSBN) highlights.
Mitsui E&S-developed methanol fuel supply system okayed by ClassNK
ClassNK has awarded approval in principle (AiP) for a methanol fuel supply system developed by Mitsui E&S Shipbuilding.
Stena Drilling drillship goes to work in Morocco as Energean takes the helm at gas field
Stena Drilling has tucked a new drilling assignment under its belt, thanks to a drillship deal with Energean for drilling activities off the coast of Morocco.
JERA to carry out ‘world’s first’ truck-to-ship ammonia bunkering
Japan’s largest power generation company JERA has decided to supply ammonia to an ammonia-fueled tugboat (A-Tug) owned by compatriot shipping company NYK Line in a truck-to-ship bunkering operation.
MOL Group opens 10 MW green hydrogen plant in Hungary
MOL Group has inaugurated a 10 MW green hydrogen plant in Százhalombatta, Hungary, to reduce the carbon footprint of the Danube Refinery.