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Business & Finance

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Illustration; Source: Aramis CCS
Business & Finance

More work for Petrofac on TotalEnergies’ North Sea CO2 storage project

Petrofac has won a multi-million-dollar front-end-engineering design (FEED) contract with France’s energy giant TotalEnergies for work on a project the latter is developing in the Dutch sector of the North Sea.

about 2 years ago
AHTS Njord Viking chartered to TotalEnergies UK; Source: Viking Supply Ships
Business & Finance

Six vessels joining Norwegian shipping player’s managed fleet

Sea1 Offshore is putting the wheels into motion to take over the management operations of six AHTS vessels, which are owned by Viking Supply Ships.

about 2 years ago
Prysmian loading cable for UK section of first energy link with Germany
Business & Finance

Prysmian loading cable for UK section of first energy link with Germany

Cabling giant Prysmian has begun loading the cable destined for the UK section of the first direct energy link between the UK and Germany at its factory in Italy. Prysmian is loading the cabling onto the Cable Enterprise vessel at its Arco Felice factory which will be used for the UK section of the

about 2 years ago
founder and CEO of WaveX, Simon Renwick
Business & Finance

OWC validates WaveX’s wave power generator with feasibility statement

Renewable energy business WaveX has received a statement of feasibility from OWC Australia & New Zealand, a part of energy and marine consultancy ABL Group, for its wave-powered generator technology.

about 2 years ago
Rendering of Rio Grande LNG; Source: NextDecade
Business & Finance

$4.3 billion job lures Bechtel to Lone Star State for more work at mega US LNG project

NextDecade has sealed a multimillion-dollar deal with Bechtel for Train 4 and related infrastructure at an LNG export project in Texas.

about 2 years ago
Sabine Pass Liquefaction facility; Source: Cheniere
Business & Finance

More US LNG set to flow into European energy mix in 2030s if Cheniere rubber-stamps Sabine Pass expansion

Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp Energia.

about 2 years ago
Greater Tortue Ahmeyim (GTA) offshore Mauritania and Senegal; Source: Kosmos Energy
Business & Finance

BP and Bermuda-based firm set FLNG payment dispute to rights

Golar LNG has made arrangements with BP to put into effect a commercial reset for an FLNG deployed at a gas project off the coasts of Mauritania and Senegal.

about 2 years ago
Inna Braverman, Eco Wave Power’s founder and CEO (Courtesy of Eco Wave Power)
Business & Finance

New legislation proposes $1B investment to propel marine energy commercialization in US

The Marine Energy Technologies Acceleration Act, legislation that would invest $1 billion to propel marine energy toward full-scale commercialization, has been introduced to the U.S. House of Representatives.

about 2 years ago
Al Shaheen field in Qatar; Source: North Oil Company (NOC)
Business & Finance

New player with ‘powerful’ tools joins mission to augment production from one of world’s largest offshore oil fields

The ongoing efforts to expand black gold production from Qatar’s largest offshore oil field have been bolstered with the entrance of the American Bureau of Shipping (ABS).

about 2 years ago
Building permit procedure set in motion for third electricity connection between Estonia and Finland
Business & Finance

Building permit procedure set in motion for third electricity connection between Estonia and Finland

Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) has initiated the building permit procedure for what will be the third electricity connection between Estonia and Finland. The purpose of the building permit is to establish the right for the construction of the offshore sectio

about 2 years ago
Altamira Fast LNG 1; Source: New Fortress Energy
Business & Finance

Once first LNG cargo is loaded, FLNG set to go offline for maintenance works

New Fortress Energy is putting the wheels in motion to hit a new milestone at its FLNG unit off the coast of Altamira, Mexico, with the delivery of the first LNG cargo.

about 2 years ago
Aker BP to keep Oceaneering busy for three years or longer
Business & Finance

Aker BP to keep Oceaneering busy for three years or longer

U.S. subsea engineering and applied technology firm Oceaneering International is set to deliver inspection, maintenance, and repair (IMR) support services offshore Norway under a new contract with Aker BP. The contract was awarded to the company’s Norwegian subsidiary Oceaneering AS, which will mobi

about 2 years ago
Swedish-Israeli wave energy developer Eco Wave Power has launched its first MW-scale wave energy project in Porto, Portugal.
Business & Finance

Eco Wave Power’s MW-scale wave energy project in Portugal takes off

Swedish-Israeli wave energy developer Eco Wave Power has launched its first MW-scale wave energy project in Porto, Portugal.

about 2 years ago
Well location; Source: Petrobras
Business & Finance

Drilling ops corroborate extent of Petrobras’ previous gas discovery offshore Colombia

Petrobras has carried out drilling operations in the Tayrona Block off the coast of Colombia, which enabled it to substantiate and verify the size of a gas discovery made two years ago.

about 2 years ago
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