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Illustration (Courtesy of Odfjell Oceanwind
Business Developments & Projects

In focus: Energy system transformation gathers pace with government-backed innovations

Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.

about 4 years ago
ports
Business Developments & Projects

Winds of change to sweep through German seaports

The world is moving away from fossil fuels and so is the maritime industry. Ports — being an important maritime segment — are facing significant changes. For the German port sector, the transformation is seen as a mammoth task that lies ahead.

about 4 years ago
Noble - Maersk Drilling merger
Business Developments & Projects

UK competition regulator investigating Noble-Maersk Drilling merger

The UK’s competition regulator is looking into the proposed merger between offshore drilling giants, Noble Corporation and Maersk Drilling.

about 4 years ago
Scarabeo 9 drilling rig - Saipem
Business Developments & Projects

Saipem to focus on core oil & gas and low-risk offshore wind projects following financial woes

Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.

about 4 years ago
Seplat Energy seals the deal for acquisition of ExxonMobil’s shallow water assets in Nigeria
Business Developments & Projects

Seplat seals the deal to take over ExxonMobil’s shallow water assets in Nigeria

Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.

about 4 years ago
Seaway 7 and Sumitomo making subsea cable one-stop-shop in Asia-Pacific
Business Developments & Projects

Seaway 7 and Sumitomo making subsea cable one-stop-shop in Asia-Pacific

Sumitomo Electric Industries and Seaway 7 have signed a Memorandum of Understanding (MoU) to together provide subsea cable engineering, procurement, installation, and commissioning (EPIC) services for offshore wind projects in Japan and the wider Asia-Pacific region. The collaboration is planned to

about 4 years ago
Suiso Frontier brings world’s 1st LH2 shipment to Japan
Business Developments & Projects

Suiso Frontier brings world’s 1st LH2 shipment to Japan

Kawasaki Heavy Industries (KHI) said the world’s first liquefied hydrogen (LH2) carrier Suiso Frontier came back to Japan with its first cargo from Australia.

about 4 years ago
N'goma FPSO - Eni - Angola
Business Developments & Projects

Fresh project start-up for Eni in Angola’s deep offshore

Eni has started production from Ndungu Early Production development project, in Block 15/06 of the Angolan deep offshore.

about 4 years ago
Site visit to EWP-EDF One wave energy project in Israel (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power showcases wave power progress to Portuguese ambassador

Swedish-Israeli company Eco Wave Power has welcomed the ambassador of Portugal to Israel Jorge Cabral on a site visit to the EWP-EDF One wave energy project being developed in Israel.

about 4 years ago
Audubon scores LNG interconnect gig in Louisiana
Business Developments & Projects

Audubon scores LNG interconnect gig in Louisiana

Texas-based engineering firm Audubon Engineering Company has won a contract to provide services for a greenfield LNG interconnect on the Louisiana Gulf Coast.

about 4 years ago
TGS
Business Developments & Projects

TGS more than halfway through Egyptian Red Sea 3D survey

Norwegian seismic player TGS, in partnership with Schlumberger, has acquired over 50% of the 3D survey over the northern portion of the Egyptian Red Sea.

about 4 years ago
Sovcomflot
Business Developments & Projects

US imposes sanctions on Russia’s largest shipping company

Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine.

about 4 years ago
Transocean Enabler drilling rig - Equinor
Business Developments & Projects

Equinor gearing up for Barents Sea wildcat

The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well located offshore Norway.

about 4 years ago
Illustration/Tidal Lagoon Power’s concept for tidal lagoon in the Swansea Bay (Courtesy of Tidal Lagoon Power)
Business Developments & Projects

Councilors express support for £7 billion tidal lagoon off North Wales

A proposal for £7 billion tidal lagoon project, to be developed by private sector off the coast of Conwy and Denbighshire in North Wales, has received unanimous ‘support in principle’ from Denbighshire County Council.

about 4 years ago
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