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Business Developments & Projects

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Sovcomflot
Business Developments & Projects

Sovcomflot, Novatek, FESCR to develop ship repair cluster in Far East

On 1 September 2021, PAO Sovcomflot, Smart LNG — a joint venture between PAO Sovcomflot and PAO Novatek — and Far Eastern Shipbuilding and Ship Repair Center (FESRC) entered into a trilateral agreement to cooperate on the development of a ship repair cluster in Russia’s Far East.

about 5 years ago
Mist rig - Borr Drilling
Business Developments & Projects

Borr secures more work for jack-up rigs

Offshore drilling contractor Borr Drilling has secured more work for its jack-up drilling rigs, increasing its contracted fleet to 15 rigs.

about 5 years ago
Photo showing the Deep Ocean Basin at Lir NOTF (Courtesy of Lir NOTF)
Business Developments & Projects

SEAI launches free testing programme for Irish marine energy developers

The Sustainable Energy Authority of Ireland (SEAI) has teamed up with the country’s national ocean test centre Lir NOTF to offer free-of-charge access to its research and testing facilities for offshore renewable energy developers.

about 5 years ago
Bruce, Keith, and Rhum facilities - Serica
Business Developments & Projects

Third Rhum well goes online for Serica

Serica Energy has started production from the Rhum R3 well in the UK North Sea, some 16 years after it was originally drilled.

about 5 years ago
Edvard Grieg platform - Lundin
Business Developments & Projects

Green light to Lundin for North Sea field start-up

Oil and gas company Lundin Energy has received consent from Norwegian authorities for the start-up of the Solveig field in the North Sea.

about 5 years ago
Port of Corpus Christi
Business Developments & Projects

Port of Corpus Christi, Texas to develop large-scale CCS management hub

The Port of Corpus Christi Authority and the Texas General Land Office (GLO) have signed a memorandum of understanding (MOU) stating their intention to co-develop a carbon dioxide (CO2) storage solution in the Coastal Bend in support of national decarbonization targets.

about 5 years ago
Minister of Finance, Jan Tore Sanner - Norway petroleum tax
Business Developments & Projects

Norwegian government proposing stricter petroleum tax rules

Norway’s government is proposing to revise the petroleum tax system, introducing stricter tax rules with a more neutral effect on investments.

about 5 years ago
China-Dynamic-cable-ready-to-connect-fixed-and-floating-wind-turbines
Business Developments & Projects

China: Dynamic cable ready to connect floating to fixed wind turbine

Orient Cable (NBO) has completed works on the dynamic subsea cable at China’s Yangxi Shapa III offshore wind project that will connect a floating wind turbine to a fixed unit for the first time. Commissioning tests of what is said to be the world’s first anti-typhoon floating wind turbine were compl

about 5 years ago
CSD Spartacus busy on Abu Qir project
Business Developments & Projects

CSD Spartacus busy on Abu Qir project

The world’s most powerful cutter suction dredger (CSD) Spartacus is currently working on the Abu Qir Port project in Egypt – the largest ever dredging and land reclamation contract in DEME’s history. According to the Belgian giant, this project includes the reclamation of 1,000 hectares of new land.

about 5 years ago
Bibby Marine’s WaveMaster 1 - Neptune
Business Developments & Projects

Neptune kicks off first W2W campaign at North Sea field

Neptune Energy has started the first Walk to Work (W2W) campaign at its operated Cygnus gas field in the UK Southern North Sea.

about 5 years ago
Saipem 10000 drillship
Business Developments & Projects

Eni hits major oil find off Ivory Coast

Italian oil and gas player Eni has made a major oil discovery in block CI-101, located offshore Ivory Coast.

about 5 years ago
Barossa FPSO
Business Developments & Projects

Nine banks provide financing to BW Offshore for Barossa FPSO

BW Offshore has completed the $1.15 billion project debt financing for the construction and operation of the FPSO for Santos’ Barossa field.

about 5 years ago
GasLog wraps up LNGC to FSU conversion
Business Developments & Projects

GasLog wraps up LNGC to FSU conversion

Greek owner and operator of LNG carriers GasLog has completed its first conversion project from an LNG carrier to a floating storage unit (FSU).

about 5 years ago
A photo of Hywing Scotland floating wind farm, with yellow turbine foundation close-up
Business Developments & Projects

Scotland to launch offshore wind tender dedicated to oil & gas decarbonisation

Crown Estate Scotland, which is currently reviewing the ScotWind Leasing Round applications, will open a new leasing process early next year, dedicated specifically to offshore wind projects which support the decarbonisation of the oil and gas sector, and to small-scale innovation projects of less t

about 5 years ago
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