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Business Developments & Projects

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CSSC
Business Developments & Projects

As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally.

about 11 months ago
EDrill T-16 rig
Business Developments & Projects

With one 271-day job done, Singaporean player’s rig preps for new Gulf of Thailand campaign

Energy Drilling has completed a drilling campaign in the Gulf of Thailand undertaken on behalf of Carigali-PTTEPI Operating Company (CPOC).

about 11 months ago
One of world’s deepest interconnections to enter commercial operation in two months
Business Developments & Projects

One of world’s deepest interconnections to enter commercial operation in two months

The Crete-Attica electrical interconnection, the largest electricity transmission project in Greece, has completed a three-month testing phase, marking entry into the final stage before official commercial operation. With a budget of over €1.1 billion, the cable link connects the Attica region on th

about 11 months ago
Everllence
Business Developments & Projects

Final batch of Höegh Autoliners’ Aurora-class PCTCs to feature Everllence dual-fuel ammonia engines

Germany-based engine manufacturer Everllence (previously MAN Energy Solutions) has been tapped by Norwegian shipping company Höegh Autoliners to supply its dual-fuel ammonia engines for the final quartet of the 9,100 CEU Aurora-class pure car and truck carrier (PCTC) fleet. As disclosed, Everllence

about 11 months ago
Borr Drilling’s Prospector 1 rig; Source: Neptune Energy
Business Developments & Projects

Borr Drilling’s hat trick: North Sea duo for one jack-up and West African job for another rig

Borr Drilling, an offshore drilling player, has secured three multimillion-dollar deals for two jack-up rigs in Europe and West Africa.

about 11 months ago
NH3 Clean Energy kicks off FEED phase for flagship ammonia project
Business Developments & Projects

NH3 Clean Energy kicks off FEED phase for flagship ammonia project

Australian company NH3 Clean Energy has launched the front-end engineering and design (FEED) phase of its flagship clean ammonia project WAH2, with approval and commercial workstreams underway.

about 11 months ago
Leadership change at Xodus as founder hands over CEO role to Subsea7 exec
Business Developments & Projects

Leadership change at Xodus as founder hands over CEO role to Subsea7 exec

Global energy consultancy Xodus, an autonomous Subsea7 subsidiary since 2018, has appointed a new chief executive officer (CEO) as the company founder decided to step down from the role. Xodus Founder Steve Swindell is stepping down from the CEO role after 20 years with the firm, set to be succeeded

about 11 months ago
Golar LNG's FLNG Hilli Episeyo; Credit: Seatrium
Business Developments & Projects

Golar LNG entrusts Seatrium with FLNG upgrade ahead of 20-year job in Argentina

Golar LNG has put Seatrium in charge of refurbishing its floating liquefied natural gas (FLNG) unit before it embarks on its multi-year assignment at Argentina’s LNG project on the South American country’s Atlantic coast.

about 11 months ago
Rendering of an LNG terminal at night
Business Developments & Projects

Baker Hughes tech selection brings Louisiana LNG plant closer to FID

Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, has given its blessing for technology by Baker Hughes to be used at its liquefied natural gas (LNG) export facility currently under development in Cameron, Louisiana.

about 11 months ago
Nauticus wraps up initial tether-less survey scope for Shell in Gulf of Mexico
Business Developments & Projects

US fully electric-operated AUV reaches ‘record depth’ of 2,300 meters

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has reached a new depth record of 2,300 meters underwater with its fully electric-operated autonomous underwater vehicle (AUV). The Aquanaut Mark 2 AUV reached the record depth during its qualification testing,

about 11 months ago
FPSO Raroa operating at the Maari field; Source: MODEC
Business Developments & Projects

New Zealand prolongs oil production lifespan of OMV’s 16-year-old field to 2037

OMV New Zealand, a subsidiary of Austria’s OMV, has received a multi-year extension of the petroleum mining permit (PMP) 38160, which encompasses an oil field that has been producing hydrocarbons since 2009 off the coast of New Zealand.

about 11 months ago
Yara
Business Developments & Projects

BASF, Yara axe blue ammonia site project in US Gulf Coast

Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, Germany-based chemical producer, have pulled the plug on their project to develop a low-carbon ammonia production facility with carbon capture and storage in the U.S. Gulf Coast. The blue ammonia pro

about 11 months ago
Three players pool resources on Thai carbon capture and storage gig to speed energy transition
Business Developments & Projects

JGC-Technip Energies consortium in FEED battle for Inpex’s 20 billion LNG project and FPSO

A consortium, consisting of JGC Indonesia, a subsidiary of Japan’s JGC Holdings Corporation, and Indonesian affiliates of Technip Energies, has confirmed its participation in a competitive dual front-end engineering and design (FEED) portion of work and engineering procurement and construction (EPC)

about 11 months ago
JDR cables to electrify Eni’s UK carbon capture and storage project
Business Developments & Projects

JDR cables to electrify Eni’s UK carbon capture and storage project

UK-based manufacturer of subsea and power cables JDR Cable Systems, part of TFKable Group, is set to supply subsea power cables for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. JDR will deliver around 100 kilometers of 33 kV subsea cables fo

about 11 months ago
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