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Business Developments & Projects

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Wintershall Dea taps Norwegian firm for subsea technology
Business Developments & Projects

Wintershall Dea taps Norwegian firm for subsea technology

Norwegian firm Optime Subsea has entered into a long-term framework agreement with oil and gas operator Wintershall Dea regarding the rental of the technology company’s remote-controlled subsea well completion and intervention systems.

about 3 years ago
Cheniere starts permitting process for Sabine Pass LNG expansion
Business Developments & Projects

Cheniere starts permitting process for Sabine Pass LNG expansion

Cheniere Energy Partners, a subsidiary of Cheniere Energy, has initiated permitting process for the expansion of LNG export capacity at the Sabine Pass terminal located in Cameron Parish, Louisiana. Cheniere announced on 23 February that the pre-filing review process has been initiated under the Nat

about 3 years ago
Statfjord B; Credit: Harald Pettersen/Equinor
Business Developments & Projects

With probe into gas leaks on North Sea platform done, Equinor gets regulatory order

Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.

about 3 years ago
University researchers at UPorto’s facilities (Courtesy of PORTOS project)
Business Developments & Projects

Researchers test novel floating solar technology as part of PORTOS project

Researchers from the universities in Portugal and Spain have joined forces to test novel technology designed to harvest solar resources of the marine environment as part of the PORTOS project.

about 3 years ago
Offshore wind shines bright for Fugro yet again
Business Developments & Projects

Offshore wind shines bright for Fugro yet again

Fugro has reported a revenue of €1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. Marine […]

about 3 years ago
Australian oil & gas player offloading partial stake in Dorado oil project
Business Developments & Projects

Australian oil & gas player offloading partial stake in Dorado oil project

Carnarvon Energy has entered into a binding agreement to divest a 10 per cent interest in its Bedout assets, including the Dorado field.

about 3 years ago
Wärtsilä and Höegh LNG renew maintenance agreement
Business Developments & Projects

Wärtsilä and Höegh LNG renew maintenance agreement

Finnish technology group Wärtsilä has signed a five-year renewal of its existing maintenance agreement with Norway’s Höegh LNG Fleet Management (HLNG). The renewed agreement includes the delivery of spare parts and field maintenance services, as well as Wärtsilä’s latest digital solutions, and exten

about 3 years ago
WoodMac: High demand could pave the way for $100B of new LNG projects in US
Business Developments & Projects

WoodMac: High demand could pave the way for $100B of new LNG projects in US

Due to high prices and the demand for energy security, the US is poised to become the leading exporter of LNG in 2023 and potentially pave the way for $100 billion in new developments to support long-term growth, according to a new report from energy intelligence group Wood Mackenzie. In 2022, the U

about 3 years ago
TDI-Brooks East Coast
Business Developments & Projects

TDI-Brooks bags US offshore wind survey deal

TDI-Brooks has been awarded a geophysical, geotechnical, and benthic sampling survey campaigns to study seabed conditions within the project lease area and potential export cable routes off the U.S. East Coast. The data collected will help determine safe and responsible project design and engineerin

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

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

about 3 years ago
Fugro to revamp PSVs into geotechnical vessels
Business Developments & Projects

Fugro to repurpose platform suppliers into geotechnical vessels

Netherlands-headquartered Fugro is acquiring two platform supply vessels (PSVs) which will be repurposed into geotechnical vessels. Fugro announced the purchase of 2015-built PSVs Topaz Endurance and Topaz Energy as part of its net zero 2035 roadmap. According to the company, these vessels are signi

about 3 years ago
Tellurian to sell more senior secured notes to Driftwood LNG
Business Developments & Projects

Tellurian’s 2022 culminates with Driftwood LNG construction progress

US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in natural gas production, and $474.2 million of cash and cash equivalents. It also completed the acquisition of natural gas assets of approximately 5,000 net a

about 3 years ago
India plans to increase renewable energy in ports to 60%
Business Developments & Projects

India plans to increase renewable energy in ports to 60%

India’s Ministry of Ports, Shipping and Waterways (MoPSW) has revealed its plans to increase the share of renewable energy to 60%.

about 3 years ago
Plans for new mid-scale LNG project in Louisiana gain ground
Business Developments & Projects

Plans for new mid-scale LNG project in Louisiana gain ground

Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorisation to export up to 4 million tonnes per annum (mtpa) of LNG to free trade agreement (FTA) and non-FTA countries. The ap

about 3 years ago
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