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Business Developments & Projects

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Armada Olombendo FPSO is operating for Eni off Angola
Business Developments & Projects

BP and Eni in talks to combine upstream portfolios in Angola

Eni and BP have entered into a non-binding MoU to progress detailed discussions on combining their upstream portfolios in Angola.

about 5 years ago
Image showing MPS' WaveSub device (Courtesy of Marine Power Systems)
Business Developments & Projects

Marine Power Systems to test multi-megawatt wave energy array at EMEC

Marine Power Systems (MPS) has signed a berth option agreement with the European Marine Energy Centre (EMEC) for the deployment of two multi-megawatt WaveSub wave energy converters.

about 5 years ago
Hurricane
Business Developments & Projects

Investor calls for removal of five Hurricane Energy directors

Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, has called for general meeting of shareholders to remove all non-executive directors of Hurricane.

about 5 years ago
MDL system to support Ghana LNG
Business Developments & Projects

MDL completes Thema LNG project gig

Back-deck equipment specialist Maritime Developments MDL has completed a flexible installation in Ghana’s Tema port for the offshore LNG facility.

about 5 years ago
EnergyQuest: Australian LNG exports facing feedgas shortage threat
Business Developments & Projects

EnergyQuest: Australian LNG exports facing feedgas shortage threat

Australian exports of liquefied natural gas have coped well with the pandemic, as well as the potential effects of the economic tensions with China.

about 5 years ago
Maersk Supply Service
Business Developments & Projects

Maersk Supply targets offshore wind and oil markets in Norway

Maersk Supply is making a move to enter Norway, targeting the towing and installation of units for offshore wind and the oil & gas industry.

about 5 years ago
Capsized Seacor Power liftboat
Business Developments & Projects

Seacor liftboat capsized while lowering legs – preliminary report

A U.S. government safety investigative agency has issued a preliminary report following the incident with the Seacor Power liftboat.

about 5 years ago
PTTEP
Business Developments & Projects

PTTEP finds more gas offshore Malaysia

Thailand’s PTT Exploration and Production (PTTEP) has made another offshore gas discovery in the Balingian Province, some 230 kilometres off the coast of Sarawak, Malaysia.

about 5 years ago
Liza Destiny FPSO is working for ExxonMobil off Guyana
Business Developments & Projects

ExxonMobil hopes to repair faulty Guyana FPSO parts before mid-2021

ExxonMobil is working to resolve technical challenges and design issues on its Liza Destiny FPSO as it awaits the arrival of a key component.

about 5 years ago
Diana
Business Developments & Projects

Diana Shipping inks sustainability-linked loan

Greek shipping company Diana Shipping has signed a sustainability-linked loan facility with Dutch ABN AMRO Bank through six wholly-owned subsidiaries in the amount of $91 million.

about 5 years ago
Cruise Ships at Port of Tallinn
Business Developments & Projects

New hull cleaning rules to strengthen Port of Tallinn green status

Striving to be more eco-friendly, Estonian Port of Tallinn has established new rules of cleaning and other procedures on ships’ hulls underwater surfaces which can be carried out only with the permission of the Vessel Traffic Shift Manager.

about 5 years ago
Photo showing Seabased's wave power generator (Courtesy of Seabased)
Business Developments & Projects

University researchers help optimise Seabased’s wave power generators

Researchers from the University of Edinburgh and Swedish wave energy developer Seabased have completed a project to optimise the latter’s direct drive linear generator.

about 5 years ago
Nuclear power
Business Developments & Projects

Nuclear power for shipping: X-Press Feeders invests in Core Power

X-Press Feeders, the world’s largest independent common carrier, has made an investment in Core-Power, a UK-based development company specializing in scalable atomic power technology for ocean transport and heavy industry.

about 5 years ago
Saipem
Business Developments & Projects

Saipem in talks to buy floating offshore wind specialist

Italian offshore energy specialist Saipem has entered into exclusive negotiations with a European company to acquire its subsidiary specialising in floating wind technology. Saipem is in negotiations with France’s Naval Group to acquire its subsidiary – Naval Energies. The start of the exclusive neg

about 5 years ago
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