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Business Developments & Projects

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Petrofac
Business Developments & Projects

Petrofac lands large decommissioning contract in Gulf of Mexico

Petrofac and Promethean Decommissioning Company (PDC have formed an alliance to decommission fields in the Gulf of Mexico.

about 4 years ago
Trio putting their heads together to work on unlocking UK’s full carbon capture and storage potential
Business Developments & Projects

Three organisations teaming up to unlock UK’s full carbon capture and storage potential

Three organisations have decided to renew their collaboration to explore the potential of carbon capture and storage on the UKCS.

about 4 years ago
Illustration/Deployment of D10 tidal turbine in 2018 (Courtesy of Sabella/Photo by Balao)
Business Developments & Projects

Sabella reinstalls D10 tidal turbine for third test campaign offshore France

French company Sabella has reinstalled its 1MW tidal energy turbine off Ushant Island in France for a new long-term test campaign.

about 4 years ago
Ursula von der Leyen - EU to ban Russian oil
Business Developments & Projects

EU to phase out all Russian oil imports ‘in orderly fashion’

The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.

about 4 years ago
BP
Business Developments & Projects

BP goes all-in with plans to invest over $22 billion in UK energy

BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.

about 4 years ago
The installation of wave energy floaters for EWP-EDF One project in Israel (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power seeks fresh business and finance talent

Swedish-Israeli wave energy company Eco Wave Power is looking to expand its team with two new vacancies up for grabs.

about 4 years ago
PanGeo picks up over $3 million in Sub-Bottom Imager contracts
Business Developments & Projects

PanGeo picks up over $3 million in Sub-Bottom Imager contracts

PanGeo Subsea, a wholly-owned subsidiary of Kraken Robotics, has secured several cable depth of burial campaigns, valued at more than $3 million, in Europe using its 3D acoustic Sub-Bottom Imager (SBI). Under these contracts set to be completed throughout 2022, the SBI will be used as the cable dete

about 4 years ago
Safe Notos; Source: Prosafe
Business Developments & Projects

Prosafe firms up $110 million deal in Brazil

Prosafe has been awarded a contract by Petrobras for the provision of a semi-submersible vessel offshore Brazil.

about 4 years ago
Illustration/O2 tidal turbine rendering (Courtesy of Orbital Marine Power)
Business Developments & Projects

Black & Veatch: Increasing rotor diameter key to reducing floating tidal energy costs

Using a digital twin of Orbital Marine’s O2 tidal turbine, the UK team of a US-based engineering firm Black & Veatch has found that increasing rotor diameter was key to reducing floating tidal energy costs.

about 4 years ago
Cheniere signs natural gas deal for Corpus Christi LNG
Business Developments & Projects

Cheniere signs natural gas deal for Corpus Christi LNG

Cheniere Energy has signed a long-term IPM gas supply deal with ARC Resources for its Corpus Christi LNG Stage 3 project.

about 4 years ago
Kongsberg
Business Developments & Projects

Kongsberg to digitalise more than 100 vessels under new deal

Software solutions provider Kongsberg Digital (KDI) has signed a fleet agreement with an unnamed client to provide its vessel-to-cloud infrastructure Vessel Insight to over 100 vessels in what is described as another major step towards the digitalisation of the shipping industry.

about 4 years ago
Baker Hughes targets lower rig costs with novel subsea wellhead technology
Business Developments & Projects

Baker Hughes targets lower rig costs with novel subsea wellhead technology

Baker Hughes has launched a new subsea wellhead technology, the MS-2 Annulus Seal, expected to save substantial operational rig costs by helping lower overall wellhead installation costs due to reduced rig trips. The MS-2 Annulus Seal integrates with Baker Hughes’ existing MS-800 wellhead system and

about 4 years ago
Energy Transfer, SK Gas ink long-term Lake Charles LNG supply deal
Business Developments & Projects

Energy Transfer, SK Gas ink long-term Lake Charles LNG supply deal

U.S. firm Energy Transfer will supply LNG to South Korean firm SK Gas from its Lake Charles LNG export facility under an 18-year deal.

about 4 years ago
Empyrean gearing up to drill another ‘world-class conventional light oil target’ off China
Business Developments & Projects

Empyrean setting the stage to drill another well off China

Empyrean has revealed its intention to proceed with the second phase of exploration off China by drilling another high-impact prospect.

about 4 years ago
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