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Business Developments & Projects

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CGX Energy moving forward with demobilisation activities offshore Guyana
Business Developments & Projects

CGX Energy moving forward with demobilisation activities off Guyana

CGX will continue with the demobilisation of exploration drilling off Guyana, according to the Guyanese Maritime Administration Department.

about 4 years ago
Penguin
Business Developments & Projects

Penguin WEC retrieved to Vizcaya port for inspection and repairs

Penguin wave energy converter, developed by the Finnish company Wello, has been towed to harbour Vizcaya for inspection, maintenance and repairs.

about 4 years ago
TGS
Business Developments & Projects

TGS, Cognizant to roll out data ecosystem for renewable energy players

Norwegian seismic player TGS and American IT services company Cognizant have expanded their partnership to build a digital platform for delivering comprehensive data to energy companies.

about 4 years ago
KR
Business Developments & Projects

KR grants AiP for two green ammonia-fueled ships

South Korean classification society Korean Register (KR) awarded approval in principle (AIP) to two green ammonia-fueled ships at KR’s Seoul branch office on 15 December.

about 4 years ago
Borr ponders equity offering of $30 million to bring its refinancing strategy to life
Business Developments & Projects

Borr ponders equity offering of $30 million to bring its refinancing strategy to life

Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan.

about 4 years ago
Offshore watchdog issues order after spotting 18 irregularities on Transocean rig
Business Developments & Projects

Offshore watchdog spots 18 irregularities on Transocean rig

The Petroleum Safety Authority has issued an order to Transocean after discovering a total of eighteen irregularities on one of its rigs.

about 4 years ago
tanker
Business Developments & Projects

World’s 1st zero-emission all-electric tanker launched in Japan

Japanese shipping company Asahi Tanker has launched and named the first of its two next-generation all-electric tankers ordered in 2020.

about 4 years ago
Shelf Drilling bags fresh extensions with Chevron for ops in Gulf of Thailand
Business Developments & Projects

Shelf Drilling bags fresh extensions with Chevron for ops in Gulf of Thailand

Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand.

about 4 years ago
Xlinks
Business Developments & Projects

Xlinks seeks marine survey services for UK-Morocco interconnector

The UK-based Xlinks has opened a tender for marine geophysical and geotechnical surveys to be performed on the interconnector cable route between Morocco and the UK.

about 4 years ago
Borr Drilling firms up deal to defer $1.4 billion of debt maturities to reap benefits from market recovery
Business Developments & Projects

Borr firms up deal to defer $1.4 bln of debt maturities to reap benefits from market recovery

Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery.

about 4 years ago
Carbon capture & sequestration market to reach $7 billion by 2028 bolstered by increased investments in carbon removal, Fortune Business Insight says
Business Developments & Projects

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says

Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.

about 4 years ago
Taylor Energy to pay over $43m and transfer $432m trust fund in settlement of longest-running oil spill in U.S. history
Business Developments & Projects

Taylor Energy to pay millions in settlement of longest-running oil spill in U.S. history

Taylor Energy has agreed to pay millions in settlement of the Gulf of Mexico oil spill, which started 17 years ago.

about 4 years ago
SIMEC Atlantis' AR500 tidal turbine ahead of deployment (Courtesy of SIMEC Atlantis)
Business Developments & Projects

SIMEC Atlantis powers down tidal kit in Japan after exporting 247MWh of clean energy

SIMEC Atlantis Energy has powered down its 500kW AR500 tidal turbine after almost one full year of generating clean renewable energy in the Naru Strait in Japan.

about 4 years ago
Hansa PowerBridge
Business Developments & Projects

Contractor wanted for Germany-Sweden subsea power link

Transmission system operators 50Hertz Transmission and Svenska kraftnät have issued a tender seeking a contractor for submarine cable for the Hansa PowerBridge project, a 300-kilometre HVDC interconnector between Sweden and Germany.

about 4 years ago
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