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Business Developments & Projects

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ADNOC Drilling
Business Developments & Projects

H&P to invest $100 million in ADNOC Drilling IPO

U.S.-based rig technologies and drilling solutions provider Helmerich & Payne will invest about $100 million in ADNOC Drilling’s IPO.

about 5 years ago
A photo of ABB and Aker Solutions representatives
Business Developments & Projects

ABB, Aker Solutions join forces on offshore wind

ABB and Aker Solutions have added offshore wind to a strategic alliance agreement the two companies signed in 2016 for seabed solutions for oil and gas. The updated agreement, which now also includes offshore fish farming, covers electrical and control for seabed solutions and offshore wind, power-f

about 5 years ago
Botas; Turkey all set for LNG bunkering hub with 3-party deal
Business Developments & Projects

Turkey all set for LNG bunkering hub with 3-party deal

Turkish oil and gas pipeline operator Botas has teamed up with compatriot marine fuels firm Arkas Bunkering and Japan’s trading company Sumitomo Corporation to establish LNG bunkering infrastructure in the country.

about 5 years ago
Golden Ocean GOGL
Business Developments & Projects

GOGL orders three dual-fuel ready bulkers

Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement for the construction of three latest generation 85,000 dwt Eco-type Kamsarmax vessels.

about 5 years ago
Horisont Energi’s Barents Blue ammonia project gets new partners
Business Developments & Projects

Horisont Energi’s Barents Blue ammonia project gets new partners

Norwegian energy firms Horisont Energi, Equinor and Vår Energi have signed a cooperation agreement for the development of Barents Blue, Europe’s first large-scale blue ammonia production facility.

about 5 years ago
Terra Nova FPSO - Suncor
Business Developments & Projects

Terra Nova partners sanction life extension project

Suncor and its Terra Nova partners have finalized the agreement to restructure the ownership and move forward with the life extension project.

about 5 years ago
Jacky field - Ithaca Energy
Business Developments & Projects

Giant heavy lift vessel removes North Sea platform for Ithaca

Ithaca Energy has started decommissioning operations at a field located in the UK sector of the North Sea, using a giant heavy lift vessel.

about 5 years ago
Maersk
Business Developments & Projects

Maersk invests in US startup to secure green bio-methanol production

Danish shipping major A.P. Moller – Maersk has decided to invest in California-based WasteFuel, a start-up focused on turning waste into sustainable aviation fuel, green bio-methanol, and renewable natural gas.

about 5 years ago
Photo showing the deployment of Penguin wave energy device (Courtesy of Wello)
Business Developments & Projects

Penguin wave energy device starts producing power offshore Basque Country

The 600kW Penguin wave energy converter, developed by the Finnish company Wello, has started generating clean power to the local Basque electricity grid.

about 5 years ago
AIDA
Business Developments & Projects

AIDA Cruises aims to have carbon-neutral fleet by 2040

German cruise line AIDA Cruises, part of Carnival Corporation, wants its fleet to be zero-emission by 2040, ten years ahead of the climate targets set by the International Maritime Organization (IMO).

about 5 years ago
Illustration (Courtesy of Fugro)
Business Developments & Projects

Fugro, DIMAR proceed with studies into Colombian offshore energy assets

The Colombian Maritime Authority (DIMAR) has selected Fugro to perform a joint environmental and exploration seep study in the Caribbean Sea to help Colombia unlock insights about its offshore energy assets.

about 5 years ago
Atlantis platform - BP
Business Developments & Projects

BP restarting two Gulf of Mexico platforms following Ida

In the aftermath of Hurricane Ida, BP is in the process of restarting its Gulf of Mexico production, resuming operations at two platforms.

about 5 years ago
Photo showing NetBuoy during tank trials (Courtesy of Wave Energy Scotland)
Business Developments & Projects

TTI launches NetBuoy design tool for wave energy developers

Tension Technology International (TTI) has developed the NetBuoy design tool under Wave Energy Scotland’s materials and manufacturing programme.

about 5 years ago
SINTEF
Business Developments & Projects

SINTEF commits to solving challenges related to ammonia as marine fuel

Norway-based research organization SINTEF intends to work on solving research hurdles linked to the use of ammonia as a zero-emission fuel for the shipping sector.

about 5 years ago
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