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Business Developments & Projects

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HPCL buys out Chhara LNG terminal partner
Business Developments & Projects

HPCL buys out Chhara LNG terminal partner

Hindustan Petroleum Corporation, a unit of the state-run ONGC, has decided to buy out its partner in the 5 mtpa LNG terminal project in Chhara, Gujarat state. HPCL noted in a regulatory filing it has entered into a share and purchase agreement with SP Ports to acquire its stake in HPCL Shapoorji Ene

about 5 years ago
Scarabeo 8 rig will drill the four wells for Vår Energi
Business Developments & Projects

Vår Energi secures permits for four North Sea wells

The Norwegian Petroleum Directorate has granted Vår Energi a drilling permit for four wells located in the North Sea offshore Norway.

about 5 years ago
Photo of Mark Heine, CEO at Fugro (Courtesy of Fugro)
Business Developments & Projects

Fugro agrees $16M Seabed Geosolutions sale

Dutch survey contractor Fugro has reached a binding agreement with PXGEO Seismic Services to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $16 million in cash.

about 5 years ago
Floatel Endurance - Floatel International
Business Developments & Projects

Floatel gets Martin Linge extension

Floatel International has been awarded a contract extension for one of its units from Equinor for operations on the Martin Linge field offshore Norway.

about 5 years ago
Photo of Ramform Tethys vessel (Courtesy of PGS)
Business Developments & Projects

PGS secures 3D survey work offshore Egypt

Norwegian seismic player PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt.

about 5 years ago
Stag
Business Developments & Projects

Australian regulator accepts Jadestone’s plan for new Stag field offtake model

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Jadestone Energy’s plan for operations at the Stag field, located offshore Australia.

about 5 years ago
NextDecade OGCI Climate Investment
Business Developments & Projects

OGCI bankrolls NextDecade’s carbon reduction push

OGCI Climate Investments fund is set to invest $10 million in NextDecade, through a stock purchase, further supporting the latter’s efforts of delivering the lowest end-to-end emission LNG.

about 5 years ago
Hamriyah facility - Lamprell
Business Developments & Projects

Lamprell eyes revenue streams from digital ventures

Injazat and Lamprell have entered into a JV agreement to create and market innovative digital solutions focusing on the renewables and oil & gas industries.

about 5 years ago
Qatar Petroleum to take full control of QG1
Business Developments & Projects

Qatar Petroleum to take full control of QG1

Qatar Petroleum has decided to take over full ownership of the Qatargas Liquefied Natural Gas Company (QG1) on 1 January 2022.

about 5 years ago
PTTEP
Business Developments & Projects

PTTEP makes oil and gas discovery offshore Malaysia

Thailand’s PTT Exploration & Production (PTTEP) has made a new oil and gas discovery in the Sirung-1 wildcat exploration well offshore Sarawak, Malaysia.

about 5 years ago
Nexans crew on a beach with Nexans cable laying vessel at sea
Business Developments & Projects

Nexans, Bureau Veritas join forces to lower offshore wind export cable risks

Bureau Veritas (BV) and Nexans have signed a partnership agreement to reduce risk and promote best practices for turnkey deliveries of high voltage power cables used for connecting offshore wind farms to onshore grids. With insurers’ studies confirming that high voltage power cables are among the mo

about 5 years ago
Barossa concept - Santos
Business Developments & Projects

Santos takes FID on $3.6bn Barossa gas project

Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia.

about 5 years ago
Photo of SeaRex trenching vehicle (Courtesy of SMD)
Business Developments & Projects

SMD conducts SeaRex upgrade for Prysmian

Subsea robotics design and manufacturing specialist Soil Machine Dynamics (SMD) has delivered a multi-million-pound upgrade to the SeaRex trenching vehicle for the Italian cabling giant Prysmian.

about 5 years ago
Deepsea Yantai rig - Neptune
Business Developments & Projects

Neptune amends volume estimate for Dugong discovery

Neptune Energy has reduced its volume estimate for the Dugong discovery, located in the North Sea, following an appraisal well drilling.

about 5 years ago
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