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Business Developments & Projects

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Deepsea Mira rig; Source: Odjell Drilling
Business Developments & Projects

Namibia richer for gas condensate discovery as ‘high liquid-yield’ comes to light

African energy exploration player Rhino Resources has made a gas condensate discovery off the coast of Namibia, thanks to drilling activities undertaken with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

about 10 months ago
Port Arthur LNG Phase 2; Source: Sempra
Business Developments & Projects

Baker Hughes’ equipment helping write US Gulf Coast LNG project’s next chapter

Baker Hughes, a U.S.-headquartered energy technology player, has sealed a deal to provide liquefaction equipment for the second phase of a liquefied natural gas (LNG) export terminal under development in Texas, United States.

about 10 months ago
Everllence
Business Developments & Projects

Everllence, ABB, OceanWings join forces to engineer novel, optimized propulsion concepts

Germany-based engine maker Everllence (formerly known as MAN ES Solutions), Swiss technology company ABB and French designer and manufacturer OceanWings have shaken hands on a joint project that will aim to develop optimized and sustainable propulsion concepts. As disclosed, the three partners signe

about 10 months ago
ClassNK approves SRC’s retrofit methanol storage solution
Business Developments & Projects

ClassNK approves SRC’s retrofit methanol storage solution

ClassNK has granted approval in principle (AiP) to SRC Group for its Methanol Superstorage solution.

about 10 months ago
Illustration; Source: PetroReconcavo
Business Developments & Projects

Brazil’s PetroReconcavo seals midstream deal with compatriot firm

Brazilian oil and gas company Petroreconcavo has completed the purchase of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte from 3R Potiguar, a subsidiary of compatriot player Brava Energia.

about 10 months ago
Aerial view of the LNG Canada facility in Kitimat, British Columbia, Canada
Business Developments & Projects

Petronas-MidOcean partnership bets on Canada’s LNG potential

Keeping opportunities in Canada’s liquefied natural gas (LNG) sector at the forefront, Malaysia’s state-owned energy giant Petronas has sealed a long-term alliance with MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).

about 10 months ago
Prysmian’s Monna Lisa to connect Italy and Tunisia
Business Developments & Projects

Prysmian’s Monna Lisa to connect Italy and Tunisia

Italy’s transmission system operator (TSO) Terna and Tunisian counterpart STEG have selected Italian cabling giant Prysmian for the construction of a submarine power interconnection between the two countries. The Elmed project will be the first direct current connection between Europe and Africa and

about 10 months ago
FPSO Petrojarl Kong
Business Developments & Projects

Eni’s Côte d’Ivoire portfolio grows to 11 blocks

Italy’s energy giant Eni has signed an exploration contract with the Ivorian Ministry of Mines, Petroleum, and Energy for an exploration block offshore Abidjan, Côte d’Ivoire.

about 10 months ago
Illustration; Source: Shell
Business Developments & Projects

Shell flows first gas from North Sea field

Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

about 10 months ago
PowerCell to deliver fuel cell systems for two hydrogen-powered bulk carriers
Business Developments & Projects

PowerCell to deliver fuel cell systems for two hydrogen-powered bulk carriers

PowerCell has secured a contract to supply fuel cell systems for two hydrogen-powered bulk carriers being built by GMI Rederi.

about 10 months ago
Illustration; Source: Conrad Asia Energy
Business Developments & Projects

Divestment timeline for Asian firm’s gas field stake gets bumped to year-end

Coro Duyung, a subsidiary of Coro Energy in Southeast Asia, has revised the end date for the disposal of its interest in a natural gas field in the West Natuna Sea off the coast of Indonesia, which will enable it to pivot to its renewable energy portfolio once this sale closes its fossil fuels era.

about 10 months ago
BAR Technologies
Business Developments & Projects

BAR Technologies and Union Maritime secure double approval for dual-fuel LNG tanker duo fitted with WAPS

UK-based shipping company Union Maritime (UML) and compatriot design and engineering firm BAR Technologies have received a green light from the Marshall Islands flag for the former company’s dual-fuel liquefied natural gas (LNG) tanker duo fitted with wind propulsion systems. As disclosed, the appro

about 10 months ago
South Korean subsea cable factory breaks ground
Business Developments & Projects

South Korean subsea cable factory breaks ground

South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located at

about 10 months ago
Ekofisk complex; Courtesy of ConocoPhillips
Business Developments & Projects

TotalEnergies offloading stakes in mature NCS fields to Vår and Orlen

France’s energy giant TotalEnergies has sold its interests in three fields offshore Norway to Vår Energi and ORLEN Upstream Norway, a subsidiary of Poland’s ORLEN.

about 10 months ago
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