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Business Developments & Projects

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Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects

Norwegian duo’s asset exchange paving the way for North Sea oil & gas discovery’s development

An oil and gas discovery in the North Sea, which is expected to reap the benefits of a decision by two Norwegian oil and gas players, Aker BP and DNO, to swap assets, is now poised to witness an acceleration of its development off the coast of Norway.

about 10 months ago
Mersey Tidal barrage
Business Developments & Projects

Mersey tidal power project moves forward with cooperation extension

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Liverpool City Region Mayor Steve Rotheram has extended a “successful and productive” collaboration with K-Water, the Korean company behind the “world’s largest” tidal power facility at Sihwa Lake. The memorandum of agreement (MoA), first signed three years ago, is supporting the Combined Authority’

about 10 months ago
Rendering of the Cedar LNG facility
Business Developments & Projects

Canadian West Coast LNG ambitions advance as Petronas signs 20-year liquefaction deal

Canada’s Pembina Pipeline Corporation has signed a long-term deal with Malaysia’s state-owned energy giant PETRONAS for liquefaction capacity at a liquefied natural gas (LNG) plant that the former is developing in Kitimat, Canada.

about 10 months ago
CMA CGM and Edison hit LNG bunkering milestone in Italy
Business Developments & Projects

CMA CGM and Edison hit LNG bunkering milestone in Italy

Italian energy company Edison and French shipping giant CMA CGM have completed the first ship-to-ship (STS) LNG bunkering of a containership in Italy.

about 10 months ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

ADNOC eyes coming aboard $50 billion LNG project with Eni and YPF in South America

Thanks to a deal with Italy’s energy giant Eni and Argentina’s oil and gas firm YPF, XRG, a subsidiary of the UAE-headquartered Abu Dhabi National Oil Company (ADNOC), has taken a non-binding step to join a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on the South American co

about 10 months ago
Sval Energi closes Equinor and Suncor deals worth $1.3 bln
Business Developments & Projects

Equinor keeps Aker Solutions busy on inspection missions across over 15 oil & gas assets

Norwegian state-owned energy giant Equinor is retaining Aker Solutions as its inspection services provider across more than 15 onshore and offshore facilities in Norway, thanks to a multi-year contract extension.

about 10 months ago
Maersk
Business Developments & Projects

Maersk taps Chinese yard for 8+4 LNG dual-fuel boxships

Danish shipping and logistics titan A.P. Moller – Maersk has placed an order for at least eight dual-fuel container vessels powered by liquefied natural gas (LNG) at China’s New Times Shipbuilding (NTS). According to data from Greek shipbroker Intermodal, the order includes an option for four additi

about 10 months ago
Chinese shipyard starts building Asso.subsea’s new cable-laying vessel
Business Developments & Projects

Chinese shipyard starts building Asso.subsea’s new cable-laying vessel

The China Merchants Heavy Industry shipyard has begun the construction of a DP 2 cable-laying vessel (CLV) ordered by Greece’s Asso.subsea for the offshore wind market. The steel-cutting ceremony for Althea was held today, November 5, at the CMHI shipyard on Mazhou Island, Shenzhen, China. “The firs

about 10 months ago
Map of blocks 9 and 10 offshore Suriname; Source: QatarEnergy
Business Developments & Projects

Petronas, QatarEnergy, Chevron and Staatsolie enlarge oil & gas portfolio with two blocks off Suriname

Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), Malaysia’s energy titan Petronas, U.S.-based oil major Chevron, and Qatar’s state-owned oil & gas giant QatarEnergy have signed up for two blocks off the coast of Suriname that were secured as part of a consortium d

about 10 months ago
SPA signing; Source: Vitol via LinkedIn
Business Developments & Projects

Louisiana FLNG project inching closer to FID with 20-year offtake deal

U.S.-based export infrastructure company Delfin LNG and energy and commodities company Vitol have signed a long-term heads of agreement (HoA) with International Resources Holding (IRH), a mine-to-market platform.

about 10 months ago
Survey to begin on damaged section of almost 40-year-old interconnector
Business Developments & Projects

Survey to begin on damaged section of almost 40-year-old interconnector

The UK National Grid is about to begin a marine survey of a damaged section of an interconnector between France and the UK that has been operating since 1986. The survey of the IFA 2000 submarine cable is scheduled to begin today, November 5, approximately 3 nautical miles offshore Folkestone, Kent,

about 10 months ago
Public-private partnership exploring e-methanol supply and bunkering hub in Oman
Business Developments & Projects

Public-private partnership exploring e-methanol supply and bunkering hub in Oman

Oman has entered into a strategic memorandum of understanding (MoU) with a private consortium to explore and advance the development of a low-carbon e-methanol project in the Dhofar region.

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

KBR tasked with engineering work on oilfield redevelopment project in Persian Gulf

U.S. science, technology, and engineering player KBR has been hired to handle a detailed engineering assignment for a hydrocarbon redevelopment project operated by Qatar’s state-owned oil & gas giant QatarEnergy off the Persian Gulf state’s coast.

about 10 months ago
AD Ports
Business Developments & Projects

AD Ports, Nimex Terminals to establish LNG, LPG terminal hubs at Khalifa Port

The UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have signed two long-term agreements to establish liquefied natural gas (LNG) and liquefied petroleum gas (LPG) terminal hubs at Khalifa Port.

about 10 months ago