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Business Developments & Projects

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Island Constructor vessel; Source: Island Offshore
Business Developments & Projects

Shell all-set to use well intervention vessel at two North Sea fields

Shell has received consent from the Norwegian regulator to use one of Island Offshore’s mobile offshore units (MOU) on two fields off Norway.

about 3 years ago
World’s 1st liquid CO2 carrier intended for CCUS launched
Business Developments & Projects

World’s 1st liquid CO2 carrier intended for CCUS launched

Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has launched a liquefied CO2 transportation demonstration test ship intended for carbon capture, utilization and storage (CCUS).

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Business Developments & Projects

First of three new wells kicks off production after being tied to Brazilian FPSO

Enauta has started production from the first well in its three-well drilling campaign at a field offshore Brazil.

about 3 years ago
Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement
Business Developments & Projects

Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement

Energy major Shell Eastern Trading (Shell) and a subsidiary of Mexico Pacific have signed a 20-year sales and purchase agreement for Shell to offtake approximately 1.1 million tonnes per year (MTPA) of liquefied natural gas (LNG) from the third train of Mexico Pacific’s anchor LNG export facility, S

about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Business Developments & Projects

With over 140 carbon capture, utilisation, and storage hubs in development, 2022 pushes CCUS to new heights

IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.

about 3 years ago
ConocoPhillips zeroes in on becoming APLNG upstream operator
Business Developments & Projects

ConocoPhillips zeroes in on becoming APLNG upstream operator

US energy giant ConocoPhillips, through its Australian subsidiary, has revealed plans to become upstream operator of Australia Pacific LNG (APLNG) following the closing of EIG’s transaction with Origin Energy. ConocoPhillips announced its plans on 27 March stating it has agreed to purchase up to an

about 3 years ago
ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain
Business Developments & Projects

ADNOC, Currenta, and Germany’s North Rhine-Westphalia partner up for ammonia value chain

Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has announced that it will explore opportunities to support the climate-neutral transformation of industry through the creation of a low-carbon ammonia value chain with state government and industry representatives

about 3 years ago
The Veredas Sol e Lares floating solar plant in Brazil (Courtesy of Creral)
Business Developments & Projects

Largest floating solar plant in Brazil comes online

A consortium consisting of Brazil’s regional energy cooperative Creral and local engineering company Mil Engenharia have put into operation a 1.2MWp floating solar plant, said to be the largest of its kind in the country.

about 3 years ago
Hyundai Glovis and GS Energy shake hands on ammonia and hydrogen projects
Business Developments & Projects

Hyundai Glovis and GS Energy shake hands on ammonia and hydrogen projects

Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. To this end, the parties signed a memorandum of understanding (MoU) on 27 March. Under the MoU, Hyu

about 3 years ago
Equinor picks Aker Solutions for Norwegian Sea tie-back job
Business Developments & Projects

Aker Solutions wins contract for Norwegian Sea tie-back job

Norway’s energy giant Equinor has awarded compatriot oilfield services provider Aker Solutions with a contract to tie back two gas fields in the Norwegian Sea to the Åsgard B platform. The contract comprises engineering, procurement, construction, installation and commissioning (EPCIC) and implies t

about 3 years ago
Soltech's first floating solar solution installed by Sud Renovables in Spain (Courtesy of Soltech Group)
Business Developments & Projects

Soltech installs its first floating solar unit in Spain

Sud Renovables, a Spanish subsidiary of Soltech Group, has installed the company’s first floating solar energy unit, which also represents the first installation of that kind in Catalonia in Spain.

about 3 years ago
UK firm lends a hand to DOF Subsea offshore Gabon
Business Developments & Projects

UK firm lends a hand to DOF Subsea offshore Gabon

UK’s Maritime Developments Ltd (MDL) has supported DOF Subsea on a field redevelopment project offshore Gabon, which included the replacement of an FPSO with an FSO. MDL delivered a flex-lay spread, consisting of a horizontal lay system (HLS) with the TTS-4/140 Series tensioner, and a Generation 3 R

about 3 years ago
Denmark and Germany ally on hydrogen and energy systems integration
Business Developments & Projects

Denmark and Germany ally on hydrogen and energy systems integration

Denmark and Germany have signed a cooperation agreement on green hydrogen and the integration of the two countries’ energy systems. According to Denmark’s Ministry of Climate, Energy, and Supply, the declaration is to facilitate an ongoing dialogue between Denmark and Germany and relevant actors abo

about 3 years ago
Illustration/Wave energy device testing (Screenshot/Video by Maynooth University COER)
Business Developments & Projects

US-Ireland R&D program awards €500K for collaborative wave energy project

Maynooth University’s Centre for Ocean Energy Research (COER) has secured €500,000 through the joint US-Ireland research program for a collaborative wave energy project whose aim is to make the technology more commercially attractive.

about 3 years ago
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