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Business Developments & Projects

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Photo of Verdant Power installing tidal turbines as part of RITE Project (Courtesy of Verdant Power)
Business Developments & Projects

Verdant Power shuffles board

US-based tidal energy developer Verdant Power has appointed a new chairman and four additional members to its board of directors as the company focuses on global commercialization.

about 5 years ago
Methane sensing technologies will be deployed on the Neptune-operated Cygnus platform
Business Developments & Projects

Neptune to test methods for measuring offshore methane emissions

Neptune Energy and EDF will test an approach for measuring oil and gas methane emissions from offshore oil and gas facilities.

about 5 years ago
China Gas in LNG, LPG, hydrogen pact with Sinopec
Business Developments & Projects

China Gas in LNG, LPG, hydrogen pact with Sinopec

Chinese piped-gas operator China Gas has formed an LNG and LPG and hydrogen pact with its compatriot China Petrochemical Corporation (Sinopec).

about 5 years ago
Sea Lions; Source: WWF
Business Developments & Projects

Sea Lion partners get license extension from Falkland Islands gov’t

The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses operated by Premier Oil and Rockhopper Exploration, including the one containing the Sea Lion field.

about 5 years ago
TDI-Brooks vessel R/V Proteus
Business Developments & Projects

TDI-Brooks delivers two EBS projects offshore Angola

Offshore survey player TDI-Brooks has recently completed two environmental baseline studies (EBS) for Cabinda Gulf Oil Company Limited (CAGBOC) and ExxonMobil offshore Angola. The project saw TDI- Brooks deploy its 49-metre oceanographic research vessel R/V Proteus to blocks 0 and 14 for CAGBOC and

about 5 years ago
Wood-chip carrier
Business Developments & Projects

NYK: Eco-friendly wood-chip carrier delivered

A new wood-chip carrier for Japanese paper milling company Hokuetsu Corporation was delivered at Oshima Shipbuilding Co., Ltd. in Saikai city, Nagasaki, Japan, on 2 March 2021.

about 5 years ago
Scarabeo 8 rig - Saipem
Business Developments & Projects

Saipem to pay up for overtime work violation on rig

Saipem will have to pay compensation to two offshore workers in Norway due to the violation of working hours regulations.

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

Shell UK head to lead low-carbon fuels. North Sea boss replaced

Oil major Shell has made changes in its UK senior leadership as part of a global overhaul to cut costs and shift away from oil and gas to renewable power.

about 5 years ago
OPEC
Business Developments & Projects

OPEC and allies extend oil production cuts into April

OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.

about 5 years ago
A close-up of a NKT cable
Business Developments & Projects

NKT nets long-term cable service contract in Denmark

NKT has signed a long-term agreement with Danish grid operator Energinet on maintenance and repair of both offshore and onshore power cables in Denmark. The contract, which will run for eight years, includes services and repairs of XLPE, mass impregnated (MI) and oil filled power cable systems with

about 5 years ago
Marindows
Business Developments & Projects

Japan: e5 Lab creates Marindows to speed up maritime digitalization

Japanese shipping solutions provider e5 Lab Inc. has established Marindows Inc. in an effort to bring advanced information technology (IT) to Japan’s maritime industry.

about 5 years ago
INOXCVA sets up LNG Dispenser in India
Business Developments & Projects

INOXCVA sets up LNG dispenser in India

Indian manufacturer of cryogenic technology equipment and solutions INOXCVA designed, developed, and manufactured India’s first-ever LNG dispenser, supporting the country’s transition towards green fuel.

about 5 years ago
DeepGreen and Allseas drillship being converted for seabed mining
Business Developments & Projects

Deep-sea mining: DeepGreen merging with SOAC

Deep-ocean polymetallic nodules exploration company DeepGreen Metals intends to go public in a merger deal with a special purpose acquisition company (SPAC). The company has entered into a definitive business combination agreement with US-based Sustainable Opportunities Acquisition Corporation (SOAC

about 5 years ago
FPSO Frade - PetroRio
Business Developments & Projects

PetroRio buys more interest in Wahoo field, plans FPSO tieback

PetroRio has signed an agreement with Total for the acquisition of a 28.6% interest in the BM-C-30 Block, which holds the Wahoo field located off Brazil.

about 5 years ago
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