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Business Developments & Projects

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LNG-powered
Business Developments & Projects

9 e-methane-ready dual-fuel boxships joined CMA CGM’s fleet in 2022

French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi

about 3 years ago
Seismic survey begins over Namibian offshore license
Business Developments & Projects

Seismic survey begins over Pancontinental’s license off Namibian coast

Norway’s seismic company PGS has commenced a 3D seismic survey over a license offshore Namibia on behalf of Pancontinental Orange, a wholly owned subsidiary of Pancontinental Energy NL. PGS is carrying out the 3D survey over a planned area of approximately 6,800 square kilometers in block PEL 87 usi

about 3 years ago
K Line and Anglo American initiate collaborative decarbonisation research
Business Developments & Projects

K Line and Anglo American initiate collaborative decarbonisation research

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has teamed up with UK-based mining company Anglo American to start collaborative research on decarbonisation. To this end, the companies have signed a memorandum of understanding (MoU) regarding the establishment of a working committee for col

about 3 years ago
Noble Hans Deul jack-up rig; Source: Noble Corporation
Business Developments & Projects

Shelf Drilling rig spins the drill bit at UK North Sea well

IOG plc has started drilling the second Blythe production well, as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea.

about 3 years ago
N-KOM and Kongsberg enter services partnership, LNG/LPG included
Business Developments & Projects

N-KOM and Kongsberg enter services partnership, LNG/LPG included

Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti

about 3 years ago
Sintana Energy
Business Developments & Projects

Woodside eyes offshore acreage close to Shell and TotalEnergies’ discoveries in Namibia

Woodside has entered into a deal with Pancontinental, enabling it to get an exclusive option to acquire a stake in a licence off Namibia.

about 3 years ago
Namaka Subsea gets to work with Petronas
Business Developments & Projects

Namaka Subsea gets to work with Petronas

Malaysian energy company Petronas has awarded consulting company Namaka Subsea with a contract for the provision of diving contractor and competency assurance services. “We are thrilled to have been selected by Petronas for this contract,” said Namaka Subsea’s Managing Director, Lee Duncan. “This is

about 3 years ago
HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing
Business Developments & Projects

HAV Hydrogen’s containerized H2 system for ships gets DNV’s blessing

Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen, a subsidiary of HAV Group, has received Approval in Principle (AiP) from DNV for its deck-based containerized hydrogen (H2) system for ships. The approval, awarded six months after the company announced its plans to launch

about 3 years ago
ADNOC and Eni ally on clean energy and sustainability
Business Developments & Projects

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business Developments & Projects

Shell makes another deepwater oil discovery offshore Namibia

Shell has made a new oil discovery in an exploration well offshore Namibia with Northern Ocean’s Deepsea Bollsta semi-submersible rig.

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

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
FPSO Petrojarl I; Source: Enauta
Business Developments & Projects

Enauta shuts down production from Brazilian well

Enauta has interrupted production from a well located on a field off Brazil only days after completing preventive maintenance for an FPSO.

about 3 years ago
Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder
Business Developments & Projects

Everfuel and Greenstat enter lease agreement with Elkem for Hydrogen Hub Agder

Via a project company Everfuel Greenstat Production 1 AS, Danish hydrogen fuel company Everfuel and Norwegian energy company Greenstat have signed an agreement with Norwegian producer Elkem for the long-term lease of land in the Fiskaa industrial area in Kristiansand, Norway, for the construction of

about 3 years ago
Subsea link to Orkney steps closer to reality
Business Developments & Projects

Subsea link to Orkney steps closer to reality

UK energy market regulator Ofgem has provisionally approved SSEN Transmission’s plans to develop a subsea electricity transmission link to Orkney. SSEN Transmission submitted investment plans to Ofgem in March 2018 to build a new subsea transmission link to provide the additional capacity needed to

about 3 years ago
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