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Business Developments & Projects

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UK - North Sea
Business Developments & Projects

New North Sea projects targeting 1.3 billion barrels of oil and gas

The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 billion barrels of oil and gas.

about 4 years ago
ExxonMobil
Business Developments & Projects

Earnings double for ExxonMobil despite Russia exit

ExxonMobil doubled its quarterly earnings and booked a significant increase in revenues when compared to the last year’s quarter.

about 4 years ago
Dublin firm hands in application for new UK interconnector
Business Developments & Projects

Dublin firm hands in application for new cross-border interconnector

A Dublin-headquartered company has made an application to Ofgem for a licence that would allow it to participate in the operation of a new subsea and underground electricity interconnector.

about 4 years ago
Yetagun platform off Myanmar
Business Developments & Projects

Malaysian operator and Thai partner pull out of Myanmar’s Yetagun field

Malaysian Petronas and Thailand’s PTTEP have both decided to withdraw from the Yetagun field located offshore Myanmar.

about 4 years ago
Magnolia LNG authorised to export additional LNG volumes
Business Developments & Projects

Magnolia LNG authorised to export additional LNG volumes

The U.S. Department of Energy (DOE) has increased Magnolia LNG’s authorization to export an additional 0.8 million MTPA of LNG.

about 4 years ago
WaveRoller deployment offshore Portugal (Courtesy of AW-Energy)
Business Developments & Projects

WaveRoller re-validated with Solar Impulse Foundation label

AW-Energy’s WaveRoller wave energy technology has been re-validated with the ‘Solar Impulse Efficient Solution’ label following an assessment performed by external independent experts and based on verified standards.

about 4 years ago
Chevron
Business Developments & Projects

Chevron sees quarterly earnings spike amid higher oil and gas prices

Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by higher oil and gas prices.

about 4 years ago
Xlinks and UK govt discussing CfD support for UK-Morocco interconnector
Business Developments & Projects

Xlinks and UK govt discussing CfD for UK-Morocco power link

Xlinks is in discussion with the UK Government about Contract for Difference (CfD) support for the planned interconnector between Morocco and the UK. According to Xlinks, the power project will be capable of supplying 8% of Great Britain’s electricity needs at £48/MWh for 25 years under the current

about 4 years ago
Pakistan to get new LNG terminal in cooperation with China
Business Developments & Projects

Pakistan to get new LNG terminal in cooperation with China

The Fourth Construction, a unit of CNCEC, has signed an EPCF deal with Daewoo Gas to build a new LNG terminal in Pakistan.

about 4 years ago
Port of Antwerp-Bruges
Business Developments & Projects

Port of Antwerp-Bruges aims to become ‘energy gateway’ to Europe

Belgian ports of Antwerp and Zeebrugge will from now on continue their growth trajectory under one name — Port of Antwerp-Bruges.

about 4 years ago
EuropeWave first phase hardware assembly and testing of the control and PTO systems (Courtesy of Carnegie Clean Energy)
Business Developments & Projects

Carnegie preps new CETO design for June wave tank tests

Carnegie Clean Energy has made significant progress on EuropeWave project as its starts building the equipment for wave tank testing of the new design for its CETO wave energy device.

about 4 years ago
Vessels at Dogger Bank A site during export cable installation work
Business Developments & Projects

Export cable installation marks official start of offshore construction on world’s largest wind farm

Offshore construction work has now officially started on what will become the world’s largest offshore wind farm with the installation of the first length of the HVDC export cable off the Yorkshire coast. NKT has commenced work on the laying of the nearshore cable for Dogger Bank A, the first of the

about 4 years ago
Van Oord makes contribution towards energy transition
Business Developments & Projects

Van Oord makes contribution towards energy transition

Van Oord, a Rotterdam based dredging and marine construction company, has ended the last year with an optimistic outlook for its markets. “In 2021, we saw a recovery of the global economy, noticing the first effects in the summer. In our offshore and dredging activities, in particular, a market reco

about 4 years ago
UK gets its first charging network for electric maritime vessels
Business Developments & Projects

UK gets its first charging network for electric maritime vessels

The UK’s first e-marine hub of shore-side charging facilities for electric maritime vessels, created through the Marine e-Charging Living Lab (MeLL) initiative, has been unveiled in Plymouth.

about 4 years ago
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