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Business Developments & Projects

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Sif Group Skybox
Business Developments & Projects

Sif acquires KCI the engineers

Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which ba

about 5 years ago
NFE reaches FID on its first Fast LNG plant
Business Developments & Projects

NFE reaches FID on its first Fast LNG plant

New Fortress Energy has reached the final investment decision on its first Fast LNG modular liquefaction facility. The company noted the 1.4 million tonnes per annum capacity modular liquefaction facility aims to deliver LNG volumes to its growing customer base. The Fast LNG design pairs the latest

about 5 years ago
Claymore; Source: Repsol Sinopec Union Jack
Business Developments & Projects

Union Jack Oil buys royalties from three North Sea fields

Onshore-focused exploration and production company Union Jack Oil has acquired a royalty interest in revenues generated from three fields in the Central North Sea.

about 5 years ago
GE Renewable Energy plans hiring spree at blade manufacturing plant
Business Developments & Projects

GE Renewable Energy plans hiring spree at blade manufacturing plant

GE Renewable Energy plans to recruit 300 employees at its LM Wind Power wind turbine blade manufacturing site in Cherbourg, France, in 2021. The expanded production workforce will allow LM Wind Power to meet the growing industry demand for offshore wind equipment, the company said. The factory curre

about 5 years ago
Tidewater
Business Developments & Projects

Tidewater promotes two key members of executive team

U.S. offshore support vessel operator Tidewater has promoted two key members of the company’s executive team, Sam R. Rubio and David E. Darling.

about 5 years ago
U.S. LNG exports edge up in January 2021
Business Developments & Projects

U.S. LNG exports edge up in January 2021

The United States liquefied natural gas (LNG) export facilities have continued to up their LNG export volumes in the first month of the year 2021.

about 5 years ago
Petrofac
Business Developments & Projects

Petrofac suspended from competing for new ADNOC contracts

Oilfield services provider Petrofac has been suspended by UEA’s oil and gas giant ADNOC from competing for new contract awards until further notice.

about 5 years ago
Endiprev-Completes-Installation-Test-for-First-French-Offshore-Wind-Farm
Business Developments & Projects

Endiprev completes installation test for first French offshore wind farm

Endiprev has carried out the installation test for the 480 MW Saint-Nazaire project, set to be the first commercial-scale wind farm installed in French waters. Endiprev France concluded the installation test in the Antwerp Port, during which the team investigated if the T1 and the transition piece f

about 5 years ago
Oil and Gas Authority
Business Developments & Projects

UK regulator tells how oil & gas sector should work to reduce emissions

UK’s petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions.

about 5 years ago
Photo of Van Oord's Bravenes vessel (Courtesy of Van Oord)
Business Developments & Projects

Van Oord steps up fleet decarbonisation efforts

Van Oord has entered into collaboration with FUELSAVE for the adoption of innovative combustion conditioning technology that is expected to further reduce the emissions on its fleet.

about 5 years ago
Marulk field is tied-back to the Norne FPSO - Vår Energi
Business Developments & Projects

Vår Energi to extend the life of Norwegian subsea field

Vår Energi has received consent from the Norwegian offshore authority to use the subsea facilities on the Marulk field beyond their original operating life.

about 5 years ago
Tellurian slashes debt with $38 mln prepayment
Business Developments & Projects

Tellurian slashes debt with $38 mln prepayment

US LNG project developer Tellurian has repaid its 2019 loan in full after a $38 million voluntary prepayment.

about 5 years ago
Russia to grant subsidies for Far North-bound newbuilds
Business Developments & Projects

Russia to grant subsidies for Far North-bound newbuilds

The Russian government has decided to provide subsidies for newbuild vessels destined for the Far North region.

about 5 years ago
Photo of Purnima Jalihal (Courtesy of IEA-OES)
Business Developments & Projects

IEA-OES names new Vice-Chair of ExCo

The IEA Technology Collaboration Programme on Ocean Energy Systems (OES) has appointed Purnima Jalihal as new Vice-Chair of the OES Executive Committee.

about 5 years ago
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