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Business Developments & Projects

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World's first subsea DAS system installed in Gulf of Mexico
Business Developments & Projects

World’s first subsea DAS system installed in Gulf of Mexico

Silixa has completed the installation, validation, and operation of what is said to be the world’s first subsea Distributed Acoustic Sensing (DAS) system. Silixa concluded the installation, validation, and borehole seismic acquisition from a permanently installed fiber-optic DAS system Carina Subsea

about 5 years ago
Illustration; Source: Inpex
Business Developments & Projects

Japan’s Inpex delays FID on Indonesia’s Abadi LNG

Japan’s oil and gas producer Inpex will delay the final investment decision (FID) on Indonesia’s Abadi LNG project due to pandemic and climate change adjustments.

about 5 years ago
CK Hutchison
Business Developments & Projects

CK Hutchison buys Swire’s 50 pct stake in Hongkong United Dockyards

Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from Swire Pacific.

about 5 years ago
Heerema
Business Developments & Projects

Gallery: Heerema crane vessel Sleipnir installs Hod B topsides

Only a day after Aker BP announced it installed the Hod B platform topsides offshore Norway, Dutch offshore contractor Heerema Marine Contractors shared photos of the process.

about 5 years ago
New joint industry project targets simplified seabed investigations for offshore wind
Business Developments & Projects

New joint industry project targets simplified seabed investigations in offshore wind

Six industry partners have kicked off a joint industry project to develop software that integrates all GIS, hydrographic, geophysical, geological, and geotechnical data types and contractor interpretations into one software environment. The software is being developed by Norway’s Geocap, while other

about 5 years ago
UK energy minister and Andrew Scott, Orbital CEO, viewing Orbital O2 tidal turbine at EMEC tidal test site (Courtesy of EMEC/Photo by Colin Keldie)
Business Developments & Projects

UK energy minister gets first-hand glimpse of country’s marine energy potential

UK energy minister Anne-Marie Trevelyan has visited the European Marine Energy Centre (EMEC) in Orkney to see the advancements taking place in ocean energy and discuss the UK’s potential to develop a new world-leading renewable energy industry.

about 5 years ago
A photo of BP logo on one of the company's stations
Business Developments & Projects

Gambia: BP agrees to pay $29.3 million no-drill fee

Oil major BP has agreed to settle a $29.3 million outstanding commitment to drill an exploration oil well in Gambia’s offshore A1 block.

about 5 years ago
SMD and SEAJET Systems partner up for subsea technology
Business Developments & Projects

SMD and SEAJET Systems partner up for subsea technology

SEAJET Systems (SJS) has signed a manufacturing partnership agreement with Soil Machine Dynamics (SMD) for subsea excavation and trenching technology. The partnership will see SMD exclusively build, test and commission the fleet of CFE equipment in its production facility in Wallsend, Newcastle upon

about 5 years ago
HHI
Business Developments & Projects

HHI seeks $930M IPO to fund eco-friendly ship tech

South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.

about 5 years ago
CCCC wins major contractor gig for Kamchatka LNG
Business Developments & Projects

CCCC wins major contractor gig for Kamchatka LNG

Russian federal seaports agency Rosmorport has awarded China Communications Construction Company (CCCC) a contract to build Novatek’s Kamchatka LNG terminal in Bechevinskaya Bay.

about 5 years ago
Image showing Marine Power Systems’ marine energy technology (Courtesy of Marine Power Systems)
Business Developments & Projects

Marine Power Systems collects double crowdfunding boon

Welsh marine energy company Marine Power Systems (MPS) has completed its crowdfunding campaign on Crowdcube, raising over £4 million to further advance its offshore renewable energy technology.

about 5 years ago
ConocoPhillips receives approval for Sequoia 3D survey
Business Developments & Projects

ConocoPhillips receives approval for Sequoia 3D survey

ConocoPhillips Australia SH1 has received approval from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) to undertake the Sequoia 3D marine seismic survey. NOPSEMA accepted the plan on 10 August with conditions and/or limitations for the survey within e

about 5 years ago
Tower Resources
Business Developments & Projects

Tower Resources farms out Thali PSC to Beluga Energy

Africa-focused oil and gas firm Tower Resources has signed an agreement to farm-out a 49 per cent non-operating working interest in its Thali PSC offshore Cameroon to Beluga Energy.

about 5 years ago
Lime
Business Developments & Projects

Lime Petroleum farms into two Aker BP’s North Sea licenses

Lime Petroleum, a subsidiary of Rex International, has signed an agreement with Aker BP to acquire 20 per cent interests in the PL867 and PL867B licenses in the North Sea.

about 5 years ago
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