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Business Developments & Projects

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Northern Irish pipeline decom firm targets more oil & gas clients with new facility
Business Developments & Projects

UK pipeline decom firm targets more oil & gas clients with new facility

Northern Ireland-headquartered pipeline decommissioning specialist Decom Engineering has opened a new facility near Aberdeen as it wants to target new North Sea oil and gas clients. The investment valued at more than £250,000 is expected to allow faster deployment of Decom’s assets to clients workin

about 4 years ago
Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’
Business Developments & Projects

Clash between rig and vessel spotlights safety perils arising from ‘commercial pressure’

The recent collision in the North Sea highlights hidden safety threats arising from disregarding maritime procedures for the sake of profit.

about 4 years ago
Hafnia
Business Developments & Projects

Hafnia buys 12 Scorpio tankers, closes CTI takeover

Singapore-based tanker owner and operator Hafnia has entered into a framework agreement for the purchase of 12 vessels from Monaco-based counterpart Scorpio Tanker.

about 4 years ago
HydroQuest’s concept for its next-gen 2.5MW tidal turbine (Courtesy of HydroQuest)
Business Developments & Projects

HydroQuest on the lookout for tidal turbine blade supplier

French tidal energy company HydroQuest is looking for a partner specializing in the production of composite blades for its next-generation tidal energy turbines.

about 4 years ago
Gulf of Mexico lease sale
Business Developments & Projects

U.S. judge quashes Gulf of Mexico oil & gas lease sale due to climate impact

U.S. judge has invalidated the results of an offshore oil and gas lease sale in the Gulf of Mexico held by the Biden administration in 2021.

about 4 years ago
Schlumberger solution to help optimize Northern Lights
Business Developments & Projects

Schlumberger solution to help optimize Northern Lights performance

The Northern Lights joint venture has selected Schlumberger to deliver its DELFI digital platform for the Northern Lights carbon capture and storage project in order to optimize performance in carbon transport and storage. The DELFI cognitive E&P environment will be used to streamline subsurface wor

about 4 years ago
Shell gets thumbs-up to use Transocean rig for drilling ops in Norwegian Sea
Business Developments & Projects

Shell gains approval to use Transocean rig for Ormen Lange drilling

Shell has received consent from Norway’s offshore regulator for exploration drilling in the Norwegian Sea with one of Transocean’s rigs.

about 4 years ago
HSHI orders GTT tank design for 6 LNG-fueled ships
Business Developments & Projects

HSHI orders GTT tank design for 6 LNG-fueled ships

Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the fuel tank design of six LNG-fueled container vessels from French LNG containment specialist GTT.

about 4 years ago
Damen
Business Developments & Projects

Damen to build RoPax fleet for Malaysian Penang Port

Dutch shipbuilder Damen Shipyards Group has been contracted by Malaysia’s Penang Port to build up to five roll-on/roll-off passenger (RoPax) ferries to replace the current fleet.

about 4 years ago
Illustration/SIMEC Atlantis' AR1500 turbine (Courtesy of SIMEC Atlantis Energy)
Business Developments & Projects

SIMEC Atlantis’ novel pitch system advance leads to greater tidal turbine capacity

SIMEC Atlantis Energy, together with its partner Asturfeito, has developed a new pitch system that enables the rotor diameter and rated capacity of tidal energy turbines to increase.

about 4 years ago
Golar LNG: CoolCo wraps up $250m private placement
Business Developments & Projects

Golar LNG: CoolCo wraps up $250m private placement

Bermuda-based LNG shipper Golar says its newly-formed company CoolCo, which will acquire its eight LNG carriers, has successfully closed an upsized private placement of $275 million in new shares.

about 4 years ago
ZIM
Business Developments & Projects

ZIM, 2M go separate ways on transpacific route

Israeli shipping company ZIM Integrated Shipping Services has decided to end the cooperation with the 2M alliance members Maersk and Mediterranean Shipping Company (MSC) on key transpacific trades.

about 4 years ago
PGS: Seismic market weaker in 2021, but gradually recovering
Business Developments & Projects

PGS: Seismic market weaker in 2021, but gradually recovering

Norway-based Petroleum Geo-Services (PGS) has reported an almost $6 million decrease in segment revenues in 2021 compared to 2020 due to, as the company says, the overall seismic market being “weaker”. Segment revenues and other income reached $590 million in 2021, compared to $595.9 million in 2020

about 4 years ago
L&T
Business Developments & Projects

India: ONGC taps L&T for pipeline replacement project

L&T Hydrocarbon Engineering (LTHE) has secured a contract from Oil & Natural Gas Corporation (ONGC) for operations on India’s west coast.

about 4 years ago
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