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Business Developments & Projects

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Ellen and Elly offshore platforms near Long Beach, California; Credit: Bureau of Safety and Environmental Enforcement
Business Developments & Projects

Amplify Energy gets new COO

Amplify Energy Corp. has revealed the appointment of a new Chief Operating Officer (COO), who will assist the firm in bolstering its cash flow generation.

about 3 years ago
Illustration; Source: Shell
Business Developments & Projects

Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern.

about 3 years ago
A photo of the white-red survey vessel EGS Ventus
Business Developments & Projects

EGS Survey to start work at Fred. Olsen Seawind and Vattenfall’s ScotWind site

The UK-headquartered company EGS Survey will carry out a survey campaign at the Muir Mhòr floating wind project site in Scotland, being developed by Fred. Olsen Seawind and Vattenfall. Starting next month, EGS Survey will be performing preliminary geophysical and environmental surveys using the vess

about 3 years ago
Seismic trio wraps up another phase of 3D survey offshore Suriname
Business Developments & Projects

Seismic trio wraps up another phase of 3D survey offshore Suriname

A consortium of TGS, CGG and BGP has completed the fourth phase of the deepwater 3D seismic survey offshore Suriname from which multi-client data is set to support the country’s deep and shallow water bid rounds. Covering 1,800 square kilometers, Phase IV completes the programmed 14,500 square kilom

about 3 years ago
Investigation looking into whether oil and gas firm failed to meet North Sea license obligations
Business Developments & Projects

Investigation looking into whether oil & gas firm failed to meet North Sea license obligations

UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan

about 3 years ago
Optimarin targeting more retrofit orders with market expansion
Business Developments & Projects

Optimarin targeting more retrofit orders with market expansion

Norway-based ballast water treatment specialist Optimarin is establishing a manufacturing base in China to boost the availability of its ballast water treatment system (BWTS) for the Asian shipbuilding market as it also targets further retrofits of the existing fleet.

about 3 years ago
Nova Innovation’s tidal turbine in Étel Estuary (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation deploys tidal turbine in France

Scottish company Nova Innovation has installed its tidal energy turbine at the Étel Estuary, bringing its turbines to France for the first time.

about 3 years ago
Samsung Heavy partners with Kongsberg for next-gen autonomous LNG carrier
Business Developments & Projects

Samsung Heavy partners with Kongsberg for next-gen autonomous LNG carrier

South Korean shipbuilder Samsung Heavy Industries (SHI) and Norwegian maritime technology group Kongsberg Maritime (KM) have signed an agreement for the development of autonomous LNG carriers. Under the joint development agreement, the companies aim to develop a 174,000 cbm next-generation LNG carri

about 3 years ago
MSC Irina
Business Developments & Projects

Alphaliner: Armada of big ships readies to hit the market as demand falters

In 2023, the world’s top eleven ocean carriers, which include nine members from three global alliances as well as ZIM and Wan Hai Lines, are set to add a whopping 89 large mainline container ships to their fleets, according to Alphaliner. This development is poised to have a significant impact on th

about 3 years ago
Illustration; Source: Wood Mackenzie
Business Developments & Projects

What are key areas the U.S. needs to jump-start on the road to net-zero by 2050?

As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by 2050 goal, Wood Mackenzie, an energy intelligence group, looks into four technology pillars that would enable the U.S. to reap the benefits of the provisions within the Inflation

about 3 years ago
Illustration/Sabella's D10 tidal turbine (Courtesy of Sabella)
Business Developments & Projects

French launch €1.5M project to decarbonize island power grids

A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.

about 3 years ago
OCI and Lotte team up for supply of low carbon and green ammonia
Business Developments & Projects

OCI and Lotte team up for supply of low carbon and green ammonia

OCI Global, a producer and distributor of hydrogen-based products, and Lotte Fine Chemical, an ammonia distributor based in South Korea, have signed a Memorandum of Understanding (MoU) for the supply of low carbon and green ammonia, with first shipments starting this year from OCI’s US facilities. T

about 3 years ago
More work for PXGEO with Petrobras
Business Developments & Projects

More work for PXGEO with Petrobras

PXGEO has secured a contract with the Sépia consortium to carry out an ocean bottom node (OBN) survey in the Santos Basin offshore Brazil. The 3D survey is set to be acquired in water depths of 2,300 meters with a duration of approximately four months. PXGEO Executive Chairman Peter Zickerman said:

about 3 years ago
Oseberg field centre (for illustration purposes); Source: Harald Pettersen/ Equinor
Business Developments & Projects

Norway’s oil & gas output takes a downturn

Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.

about 3 years ago
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