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Business Developments & Projects

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Standard Drilling vessel sale for diversified investments
Business Developments & Projects

Standard Drilling disposes of vessel to diversify energy investments

Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.

about 4 years ago
Asyad Group seeks private partners for port expansion
Business Developments & Projects

Asyad Group seeks private partners for port expansion

Logistics provider Asyad Group has issued a request for expression of interest (REOI) to local and international private firms looking to enter joint engagements and cooperate to develop the infrastructure and operations of Suwaiq Port in Al Batinah North, Oman.

about 4 years ago
Orbital's O2 tidal turbine demonstration at EMEC (Courtesy of Orbital Marine Power)
Business Developments & Projects

Clock is ticking for the future of tidal stream energy in UK, industry warns

Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

about 4 years ago
CNOOC Limited
Business Developments & Projects

CNOOC brings online Lufeng oil fields off China

CNOOC Limited has started production from the Lufeng oil fields regional development project located offshore China.

about 4 years ago
neva and Servtec join in on Porto do Itaqui LNG terminal
Business Developments & Projects

Eneva and Servtec join in on Porto do Itaqui LNG terminal

Brazilian energy company Eneva has signed an exclusivity and cooperation agreement with financial service company Servtec for the development of an LNG terminal at or near the Port of Itaqui in Brazil.

about 4 years ago
GLDD signs $92.5M Houston Project 11
Business Developments & Projects

GLDD signs $92.5M Houston Project 11

Great Lakes Dredge & Dock Corporation (GLDD) has signed a $92.5 million dredging contract for the Houston Ship Channel Widening and Improvement Project 11. This is the first phase of the extensive, multi-phase Houston Ship Channel billion-dollar expansion and deepening program. According to GLDD, dr

about 4 years ago
Dan-Unity set to order world’s 1st vessels for large-scale CO2 transportation
Business Developments & Projects

Dan-Unity set to order world’s 1st vessels for large-scale CO2 transportation

Danish shipping company Dan-Unity CO2 is ready to order the world’s first vessels capable of large-scale CO2 transportation.

about 4 years ago
PJ Valves pockets two Brazilian contracts worth $11 million
Business Developments & Projects

PJ Valves gets its hands on two Brazilian contracts worth $11 million

UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.

about 4 years ago
GasLog Glasgow LNG tanker saves 17 people in Yucatan Channel
Business Developments & Projects

GasLog Glasgow LNG tanker saves 17 people in Yucatan Channel

Greek LNG shipper GasLog’s LNG tanker GasLog Glasgow has rescued 17 people from a boat in distress while transiting the Yucatan Channel, bound for Sabine Pass.

about 4 years ago
Tanker
Business Developments & Projects

SFL to buy product tanker quartet from Frontline in a $160M deal

Bermuda-based ship owner and charterer SFL Corporation has agreed to acquire four modern Aframax LR2 product tankers for an aggregate purchase price of $160 million.

about 4 years ago
Deltic Energy wraps up North Sea 3D seismic survey
Business Developments & Projects

Deltic Energy wraps up North Sea 3D seismic survey

Deltic Energy has completed the 3D seismic survey over its Licence P2428 (Cupertino Area) and surrounding areas in the Southern North Sea.

about 4 years ago
Fendercare Marine delivers STS LNG transfer system
Business Developments & Projects

Fendercare Marine delivers STS LNG transfers with new system

Global provider of marine equipment Fendercare Marine said it used a new LNG transfer system to complete a series of LNG STS operations for one of the leading global energy companies.

about 4 years ago
CMA CGM
Business Developments & Projects

CMA CGM adds 62 ships, reports profit of $5.6B

CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.

about 4 years ago
Maersk Inspirer - Repsol Norge
Business Developments & Projects

Repsol shuts in Yme field only weeks after start-up

Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.

about 4 years ago
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