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Business Developments & Projects

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Murphy Oil unveils new CFO as current one prepares to head towards the exit
Business Developments & Projects

Murphy Oil reveals new CFO as current one prepares to exit

Murphy Oil has revealed that its current CFO will be stepping down at the end of June, prompting the company to name a replacement.

about 4 years ago
Maersk
Business Developments & Projects

Maersk secures green fuel supply for 12 methanol-powered boxships

Danish container shipping and logistics giant Maersk has signed several separate deals to secure green fuel supply for its fleet of twelve new methanol-powered vessels.

about 4 years ago
UK
Business Developments & Projects

UK securing shipbuilding future with $5 billion investment

The UK government is planning to invest £4 billion (approximately $5.3 billion) in the country’s regional shipbuilding industry as it prepares to publish refreshed National Shipbuilding Strategy (NSbS).

about 4 years ago
Freeport LNG to kick-off Train 4 expansion by early 2023
Business Developments & Projects

Freeport LNG to kick-off Train 4 expansion by early 2023

Freeport LNG says it expects to green-light the Train 4 expansion at its LNG export project in Texas by early 2023.

about 4 years ago
McDermott wraps up first subsea campaign for Santos
Business Developments & Projects

McDermott wraps up first subsea campaign for Santos

McDermott International has completed a subsea campaign at the Bayu-Undan infill well Phase 3C project in the Timor Sea under its first subsea engineering, procurement, construction and installation (EPCI) contract with Santos. McDermott’s scope included a tieback of a single in-field well to existi

about 4 years ago
MAN-gets-new-subsea-compressor-order-for-Asgard-as-existing-units-hit-100k-operational-hours
Business Developments & Projects

MAN gets new subsea compressor order after world’s first units reach operational milestone

Equinor has awarded MAN Energy Solutions with a new contract to supply a subsea compressor unit for the Åsgard gas field offshore Norway in order to enhance production and extend the field’s lifetime. The order comes as the existing MAN subsea compression trains achieved 100,000 operational hours si

about 4 years ago
U.S. Energy Secretary, Jennifer Granholm
Business Developments & Projects

U.S. Energy Secretary cuts to the chase and urges oil & gas companies to produce more

U.S. Energy Secretary Jennifer Granholm has urged the oil and gas companies to increase their oil and gas production to stabilise the market.

about 4 years ago
The deployment of C-ADCP device (Courtesy of META)
Business Developments & Projects

Welsh marine energy center proves a smooth ride for tidal testing tool

A novel tidal testing tool has been put through its paces at Marine Energy Test Area (META) in Wales as part of a study to pinpoint the best sites for tidal turbines in the Milford Haven Waterway.

about 4 years ago
Northern Lights
Business Developments & Projects

MAN engines to power Northern Lights’ liquid CO2 carriers

Chinese Dalian Shipbuilding Industry has ordered two ME-GI dual-fuel engines from German MAN Energy Solution for the construction of two liquid CO2 carriers for Northern Lights, the joint venture between energy majors Equinor, Shell and TotalEnergies.

about 4 years ago
Illustration/Mocean Energy’s Blue X in operation at EMEC (Photo by Colin Keldie)
Business Developments & Projects

Ocean energy back on track, OEE statistics show

Ocean energy deployments are back to pre-pandemic levels, with Europe installing over ten times as much tidal energy capacity and three times as much wave energy compared to 2020, according to a new report released by Ocean Energy Europe (OEE).

about 4 years ago
James Fisher inks seasonal charter agreement for 2011-built MPSV
Business Developments & Projects

James Fisher inks seasonal charter agreement for 2011-built MPSV

James Fisher has signed a seasonal charter agreement for Go Marine Group’s multi-purpose service vessel (MPSV) Go Electra, following, as the company describes, an extensive vessel research and evaluation process. The agreement will see the vessel used throughout the remainder of 2022 by James Fisher

about 4 years ago
hull cleaning
Business Developments & Projects

Greensea launches autonomous hull cleaning spin-off

Marine software firm Greensea Systems has launched a spin-off company that uses its digital expertise to offer a subscription model robotic hull cleaning system.

about 4 years ago
MEO vessels land new jobs in Thailand
Business Developments & Projects

Thai partners secure fresh deal for five AHTS vessels

MEO and its Thai joint venture, Uniwise Offshore, have secured deals for five AHTS vessels with an undisclosed E&P firm in Thailand.

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

IEA-OES: Sustained innovation and cross-border collaboration marks 2021 for ocean energy

Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has provided an overview of ocean energy activities in 2021 in its newly released annual report.

about 4 years ago
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