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Business Developments & Projects

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CBO AHTS
Business Developments & Projects

Brazil’s CBO buys rival player Finarge in $94 million deal

Brazil’s CBO closed the acquisition of compatriot rival Finarge, acquiring five AHTS vessels in the transaction.

about 4 years ago
TGS in new 2D seismic survey off Mauritania
Business Developments & Projects

TGS in new 2D seismic survey off Mauritania

TGS has started a new 2D seismic survey in the Mauritania-Senegal-Gambia-Bissau-Conakry (MSGBC) Basin offshore Mauritania.

about 4 years ago
Horisont Energi applies for CO2 storage licence off Norway
Business Developments & Projects

Horisont Energi applies for CO2 storage license off Norway

Horisont Energi has submitted an application for a license to establish the Polaris CO2 storage facility off the coast of Finnmark, Norway. The purpose of the permit application is to establish storage for CO2 that is captured during the large-scale production of clean ammonia at the planned Barents

about 4 years ago
Swiss-fund-backs-SINN-Power-with-further-E3-million
Business Developments & Projects

Swiss fund backs SINN Power with further €3 million

Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).

about 4 years ago
JERA invests in Hydrogenious LOHC Technologies
Business Developments & Projects

JERA invests in Hydrogenious LOHC Technologies

JERA Americas, a US-based subsidiary of the Japanese energy giant, makes a $17.7 million investment in German hydrogen technologies company Hydrogenious LOHC.

about 4 years ago
Baltic Pipe lands in Poland
Business Developments & Projects

Baltic Pipe lands in Poland

The offshore pipeline of the Baltic Pipe project has reached landfall in Poland, according to the latest update.

about 4 years ago
Liza Unity FPSO
Business Developments & Projects

Liza Unity FPSO gets world’s first SUSTAIN notation

The ABS-classed and FPSO Liza Unity has been awarded the SUSTAIN-1 notation by ABS – the first FPSO in the world to receive it.

about 4 years ago
Hochul announces start of $107M Living Breakwaters Project
Business Developments & Projects

Hochul announces start of $107M Living Breakwaters Project

New York Governor, Kathy Hochul, yesterday announced the start of in-water construction of the Living Breakwaters, a $107 million effort that will provide physical, social, and ecological resiliency for the South Shore of Staten Island. Under the project, the 2,400 linear feet of breakwaters – consi

about 4 years ago
Sinopec completes first large LNG-powered vessel bunkering
Business Developments & Projects

Sinopec completes first large LNG-powered vessel bunkering

China Petroleum & Chemical Corporation (Sinopec) has completed its first bunkering operation of a large LNG-powered vessel with more than 250 tonnes bunkered on the Salamanca ship.

about 4 years ago
Santos
Business Developments & Projects

Santos and Timor-Leste to work on CCS at Bayu-Undan field

Santos has signed an MOU with the Timor-Leste regulator Autoridade Nacional do Petróleo e Minerais to progress CCS at Bayu-Undan field in the Timor Sea.

about 4 years ago
Corinth-Pipeworks-gets-Subsea-7-order-for-KEG
Business Developments & Projects

Corinth Pipeworks gets Subsea 7 order for KEG project

Corinth Pipeworks, a subsidiary of Cenergy Holdings, has signed an agreement with Subsea 7 to deliver high-frequency welding (HFW) steel pipes for Aker BP’s Kobra East and Gekko (KEG) project. The 9 kilometers of 16″ HFT ultra-long steel pipes will be used for the tie-back of KEG resources to the ex

about 4 years ago
ABS
Business Developments & Projects

ABS rolls out industry 1st simulation decarbonization service

In an industry first, classification society ABS has launched a service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization technologies at the design stage as well as simplifying EEXI and CII compliance.

about 4 years ago
Helix bags well intervention work in US Gulf of Mexico
Business Developments & Projects

Helix bags well intervention work in US Gulf of Mexico

Helix Energy Solutions has received a contract to undertake a multi-year riser-based well intervention work in the US Gulf of Mexico.

about 4 years ago
GLDD nabs several major dredging contracts
Business Developments & Projects

GLDD nabs several major dredging contracts

Great Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of several major dredging awards totaling $261.3 million. The awarded work includes: Corpus Christi Upper Bay Reach Channel Improvement Project (Capital, Texas, $139 million); Fire Island Inlet to Montauk Point Phase 1 Beach Proj

about 4 years ago
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