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Business Developments & Projects

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Africa Oil Corp.
Business Developments & Projects

Two ‘highly-prospective’ offshore blocks open doors to Equatorial Guinea for Canadian player

Africa Oil Corp. has entered into Equatorial Guinea, thanks to the inking of two production sharing contracts (PSCs) for two offshore blocks.

about 3 years ago
Shenzhen Gas takes delivery of world’s largest shallow draft LNG carrier
Business Developments & Projects

Shenzhen Gas takes delivery of world’s largest shallow draft LNG carrier

Princess Dapeng, the world’s largest shallow draft LNG carrier, has been named and delivered to Chinese natural gas distribution company Shenzhen Gas. According to the ship’s builder Hudong Zhonghua, the 80,000 cbm vessel was named and delivered at CSSC Changxing Shipbuilding Base on 18 February. Sa

about 3 years ago
Survey for Southern North Sea gas project set for April
Business Developments & Projects

Survey for Southern North Sea gas project set for April

Belgium-based geo-data specialist GEOxyz has secured a contract with the oil and gas services provider Hartshead Resources, for a geophysical survey across the Anning and Somerville fields and inter-field pipeline locations in the Southern North Sea.

about 3 years ago
India's GAIL to go into distributed LNG production
Business Developments & Projects

GAIL issues EOI for acquiring equity in LNG liquefaction project in USA

GAIL (India) Limited, India’s natural gas company with a presence along the entire natural gas value chain comprising of exploration and production, LNG imports, gas transmission and marketing, gas processing, petrochemicals, LPG transmission and city gas distribution, has issued an invitation for E

about 3 years ago
SAAM Towage slashes carbon emission from its Colombian ops
Business Developments & Projects

SAAM Towage slashes carbon emission from its Colombian ops

Canadian towage operator SAAM Towage has revealed that it managed to verify and fully offset the greenhouse gas emissions from its Colombian operations.

about 3 years ago
Caspian Explorer drilling vessel Source Caspian Sunrise
Business Developments & Projects

Drilling vessel gets new gig in Caspian Sea

Caspian Sunrise has won a new deal for the Caspian Explorer drilling vessel, enabling it to carry out work in the Caspian Sea.

about 3 years ago
Tripartite partnership pursuing European carbon capture and storage value chain
Business Developments & Projects

Tripartite partnership pursuing European carbon capture and storage value chain

Horisont Energi and Neptune Energy have signed a Memorandum of Understanding (MoU) with E.ON for the development of a European carbon capture and storage (CCS) value chain. With the agreement, Horisont Energi aims to strengthen the existing cooperation with E.ON, and by bringing in Errai partner Nep

about 3 years ago
Panoro Energy
Business Developments & Projects

More offshore acreage for UK firm in Equatorial Guinea

Panoro Energy has expanded its portfolio offshore Equatorial Guinea, following the award of a stake and operatorship in offshore Block EG-01.

about 3 years ago
Höegh LNG buys CoolCo’s LNG carrier, eyes FSRU conversion opportunities
Business Developments & Projects

Höegh LNG buys CoolCo’s LNG carrier, eyes FSRU conversion opportunities

Norwegian shipping company Höegh LNG has entered into an agreement with Cool Company (CoolCo) to acquire the 2013-built LNG carrier Golar Seal. Under the agreement, Höegh LNG will buy the carrier with 160,000 cbm capacity for $184.3 million. The transaction is expected to close on the redelivery of

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Business Developments & Projects

U.S. offshore rig count drops down a notch

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. slipped down one unit last week.

about 3 years ago
Biofuels
Business Developments & Projects

Biofuels: the low-hanging fruits ensnared in policy gaps

Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.

about 3 years ago
Scotland and Singapore sign hydrogen MoU
Business Developments & Projects

Scotland and Singapore sign hydrogen MoU

The Scottish Hydrogen and Fuel Cell Association (SHFCA) and its Singaporean counterpart, the Hydrogen and Fuel Cell Association of Singapore (HFCAS), have signed a Memorandum of Understanding (MoU) that will see the organisations work together to promote mutually beneficial hydrogen and fuel cell te

about 3 years ago
Illustration (Courtesy of Global OTEC)
Business Developments & Projects

South Korea to support OTEC scheme in Pacific Ocean

The Republic of Korea has pledged to provide official development assistance for marine energy programs in the Pacific Ocean, including the support for ocean thermal energy conversion (OTEC) scheme in Marshall Islands.

about 3 years ago
SunStone snaps up seventh Infinity-class eco-friendly vessel
Business Developments & Projects

SunStone snaps up seventh Infinity-class eco-friendly vessel

US-based expedition cruise ship owner SunStone Ships, a subsidiary of SunStone Maritime Group, has signed a contract for the construction of the seventh Infinity-class eco-friendly expedition cruise ship.

about 3 years ago
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