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Business Developments & Projects

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Aker BP gearing up to sanction multiple oil & gas projects in December
Business Developments & Projects

Aker BP gearing up to sanction multiple oil & gas projects in December

Aker BP is preparing to make FIDs and submit plans for development and operations (PDOs) for several oil and gas projects by year-end.

about 3 years ago
LNG
Business Developments & Projects

Hudong-Zhonghua hands over 1st LNG carrier to COSCO and CNPC

China’s shipbuilder Hudong Zhonghua Shipbuilding has held a naming and delivery ceremony for the first of three LNG carriers the company is building for compatriot COSCO Shipping Lines and energy firm China National Petroleum Corporation (CNPC).

about 3 years ago
Sembcorp forges ties with Japan on hydrogen and decarbonisation initiatives
Business Developments & Projects

Sembcorp forges ties with Japan on hydrogen and decarbonisation initiatives

Singapore-based energy solutions provider Sembcorp Industries has formed strategic partnerships with the Japanese government and various corporations to progress hydrogen and other decarbonisation initiatives. The collaborations were signed on 25 October on the sidelines of the Singapore Internation

about 3 years ago
ORPC’s RivGen at CHTTC project site in the Winnipeg River (Courtesy of ORPC Canada/Photo by Jim Castle)
Business Developments & Projects

ORPC launches its first hydrokinetic power system in Canada

ORPC Canada, a subsidiary of US-based company ORPC, has deployed its first RivGen hydrokinetic power system in Canada, which generates emission-free electricity from free-flowing rivers and tidal currents.

about 3 years ago
Odfjell
Business Developments & Projects

Odfjell: Shipping will have to compete heavily for alternative fuels

The discussion around the decarbonization of the shipping industry is moving into a new stage and the issue is no longer around whether to decarbonize, but rather how to decarbonize the sector as efficiently and sustainably as possible. The industry stakeholders know that they would need to transiti

about 3 years ago
New Van Oord cable layer going to Norway for finishing touches
Business Developments & Projects

New Van Oord cable layer going to Norway for finishing touches

Van Oord’s new cable-laying vessel Calypso is en route to the VARD Brattvaag yard in Norway for construction finishing, following its launch at the VARD Tulcea shipyard in Romania last week. Van Oord placed an order with VARD for the 131-meter-long vessel at the end of 2020 as part of the strategy t

about 3 years ago
illustration
Business Developments & Projects

Yangzijiang Shipbuilding inks debut LNG carrier deal in Europe

Chinese shipbuilding company Yangzijiang Shipbuilding has signed a contract for two 175,000 cbm liquefied natural gas (LNG) carriers.

about 3 years ago
Equinor used the Deepsea Stavanger rig for this well in the Norwegian Sea
Business Developments & Projects

Equinor’s Norwegian Sea well comes up dry

Norway’s energy giant Equinor has completed the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.

about 3 years ago
Germany to deploy Excelerate’s FSRU from 2023
Business Developments & Projects

Germany to deploy Excelerate’s FSRU from 2023

The government of the Federal Republic of Germany has signed a five-year contract with the US-based liquefied natural gas (LNG) company Excelerate Energy to charter the floating storage and regasification unit (FSRU) Excelsior. The government chartered the FSRU to help provide energy security and su

about 3 years ago
Illustration/Sabella’s tidal turbine (Courtesy of Ocean Energy Europe)
Business Developments & Projects

Ocean Energy Europe applauds proposed EU target for ‘innovative’ renewable energy

An industry association representing European ocean energy sector, Ocean Energy Europe, has welcomed the new report which supports the European Parliament’s call for at least 5% of new renewable energy capacity to come from innovative renewable energy technologies.

about 3 years ago
New drilling rig deals in Middle East bring $1.9 bln to COSL
Business Developments & Projects

New drilling deals in Middle East bring $1.9 bln to COSL

COSL has been awarded multiple contracts for the provision of drilling rig services by an undisclosed oil company in the Middle East.

about 3 years ago
Hagland
Business Developments & Projects

Hagland Shipping welcomes 1st battery-hybrid bulker from Royal Bodewes

Norwegian shipping company Hagland Shipping has taken delivery of the first in a series of three new battery-hybrid bulkers from Dutch shipbuilding company Royal Bodewes.

about 3 years ago
Svanehøj bags ‘large order’ for Chinese LNG import terminal
Business Developments & Projects

Svanehøj bags ‘large order’ for Chinese LNG import terminal

Svanehøj Tank Control Systems has secured a ‘large order’ to deliver the tank gauging systems for six 220,000 cbm LNG tanks at the Longkou Nanshan LNG terminal which is under construction in China. The company received an order from COOEC, one of the largest EPCI contractors for the offshore oil and

about 3 years ago
Island Innovator rig
Business Developments & Projects

Island Drilling secures another UK contract for its semi-sub rig

Offshore rig owner Island Drilling has secured a new drilling contract for its semi-submersible rig for work in the UK.

about 3 years ago
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