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Business Developments & Projects

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InnovationBusiness & FinanceCollaborationOutlook & StrategyResearch & DevelopmentTechnologyTransitionExploration & ProductionHuman CapitalInfrastructureProject & TendersVesselsOperations & MaintenanceAuthorities & GovernmentRules & RegulationMarket OutlooksVisionEquipmentRegulation & Policy
OMV to pilot second-gen biofuels production
Business Developments & Projects

OMV to pilot second-gen biofuels production

Vienna-based international oil, gas, and chemicals company OMV plans to build a pilot plant at its Schwechat refinery to produce second-generation biofuels to reduce carbon emissions.

about 5 years ago
A concept for wave-powered renewable energy system for subsea equipment (Courtesy of Mocean Energy)
Business Developments & Projects

Energy companies invest £1.6M in wave-powered demo for subsea projects

Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.

about 5 years ago
Stena Carron drillship drilled the Guyana wildcat for ExxonMobil
Business Developments & Projects

ExxonMobil comes up dry in Guyana wildcat

Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana.

about 5 years ago
Roberto da Cunha Castello Branco; Source: Petrobras
Business Developments & Projects

Five Petrobras board members to step down with CEO

Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.

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

EnerMech scores eight new deals in UK

UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021.

about 5 years ago
Photo of Minesto's DG100 device (Courtesy of Minesto)
Business Developments & Projects

Minesto up and running again in the Faroe Islands

Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.

about 5 years ago
Baltic Exchange adds new LNG-powered vessel indices
Business Developments & Projects

Baltic Exchange adds new LNG-powered vessel indices

The London-based maritime industry information provider Baltic Exchange put into operation a new set of independent indices for the LNG seaborne trade.

about 5 years ago
GTT pens six LNG tanks deal with China's BGG
Business Developments & Projects

GTT pens six LNG tanks deal with China’s BGG

French liquefied natural gas containment specialist GTT has been contracted by Beijing Gas Group (BGG) for the construction of up to six LNG tanks at the Tianjin Nangang terminal.

about 5 years ago
VALARIS DS-14 drillship
Business Developments & Projects

Valaris gets court approval for Chapter 11 plan, delays drillship deliveries

Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.

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

ExxonMobil curbs spending plans, reveals path to lower-carbon future

ExxonMobil has revealed that its capital spending for 2021 will be in the $16-$19 billion range as well as plans to focus on developing technologies to reduce emissions.

about 5 years ago
Photo of Eco Wave Power's wave energy technology (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power eyes Nasdaq US listing

Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.

about 5 years ago
Illustration; Source: Pale Blue Dot
Business Developments & Projects

Mitsui invests in Acorn carbon capture and storage project

Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.

about 5 years ago
Neil Gordon Subsea UK CEO
Business Developments & Projects

Subsea sector talks floating offshore wind

Subsea companies can find out how to leverage the opportunities in the floating offshore wind through a three-part webinar series organised by Subsea UK and the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE), beginning 9 March. Subsea UK is encouragi

about 5 years ago
Illustration/Mocean Energy's wave energy tech (Courtesy of Wave Energy Scotland)
Business Developments & Projects

WES outlines EuropeWave project plans

Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.

about 5 years ago
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