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Business Developments & Projects

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West Vela drillship; Source: Seadrill
Business Developments & Projects

US firm hits oil pay in Gulf of America with Seadrill rig

Houston-based energy player Talos Energy has made a new oil discovery in the Gulf of America, formerly the U.S. Gulf of Mexico, thanks to its drilling activities with a drillship owned by Seadrill, an offshore drilling contractor.

about 11 months ago
Imabari
Business Developments & Projects

ONE adds latest ammonia/methanol-ready containership to its roster

Singapore-based shipping company Ocean Network Express (ONE) has taken delivery of the next 13,900 TEU fit-for-the-future container vessel from Japan’s Imabari Shipbuilding. As disclosed, the vessel—christened One Sincerity—was constructed at Imabari’s Hiroshima Shipyard. It was handed over to its o

about 11 months ago
Inna Braverman and CY Huang explain the Eco Wave Power technology to Mr. Yu Zheng Wei Head of Taiwan's Energy Bureau, and Mrs. Wang Mei Hua, Taiwan's former Minister for Economic Affairs.
Business Developments & Projects

First commercial port site in Taiwan ready for wave energy pilot

Wave energy developer Eco Wave Power Global and its partner I-KE International Ocean Energy, a subsidiary of Lian Tat Company, have obtained the official land use tender from Suao Port Company for a wave energy pilot station in Taiwan. According to Eco Wave Power, this marks the first time a commerc

about 11 months ago
Foresea NS-42 (ODN-II) drillship will be used during the pre-operational assessment for drilling operations; Source: Petrobras
Business Developments & Projects

2012-built rig at designated spot: Petrobras sets the stage to secure go-ahead for drilling ops

Following the arrival of a drillship at its drill site, Brazil’s state-owned oil and gas giant Petrobras is getting ready to embark on the pre-operational assessment, as the final stage of the licensing process for drilling a deepwater well in Amapá.

about 11 months ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR.

about 11 months ago
UK: Cable route construction starts on subsea green electricity superhighway
Business Developments & Projects

Cable route construction starts on UK’s subsea green electricity superhighway

Construction has started on the cable route for Eastern Green Link 2 (EGL2), a subsea link said to be the UK’s largest-ever electricity transmission project and the longest high voltage direct current (HVDC) cable in the country. Developed by a joint venture of SSEN Transmission and National Grid El

about 11 months ago
Illustration; Source: Santos
Business Developments & Projects

$19 billion Santos takeover in limbo: Four-week deadline extension looms as talks continue

Santos is facing a multi-week extension of the deadline for the negotiations surrounding an $18.7 billion non-binding indicative offer made by a consortium spearheaded by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global

about 11 months ago
Boskalis Baltica 2
Business Developments & Projects

Boskalis kicks off boulder clearance work offshore Poland

The next stage of seabed preparation for the construction of the 1.5 GW Baltica 2 offshore wind farm has begun with the arrival of Boskalis’ BOKA Falcon vessel in Polish waters. The task of BOKA Falcon, equipped with two plows, T-Rex and Megalodon, will be to remove large boulders along the planned

about 11 months ago
Rendering of the proposed LNG terminal; Source: LNG Alliance
Business Developments & Projects

Mexico’s large-scale LNG export terminal strikes another 20-year offtake deal

Amigo LNG, a Mexican joint venture between Texas-based Epcilon LNG and Singapore’s LNG Alliance, has landed a definitive multi-year sales and purchase agreement (SPA) with Gunvor Singapore, an independent commodity trading house, for the supply of liquefied natural gas (LNG) from its liquefaction fa

about 11 months ago
Step forward for Eni’s co-control stake sale in CCUS business
Business Developments & Projects

Step forward for Eni’s co-control stake sale in CCUS business

Global Infrastructure Partners (GIP), an infrastructure investor part of BlackRock, has entered into a definitive agreement with Italy’s energy giant Eni for the acquisition of a co-control 49.99% interest in the latter’s carbon capture, utilization, and storage (CCUS) business. The partners in May

about 11 months ago
Al Zuwair LNG vessel; Source: NYK
Business Developments & Projects

QatarEnergy’s LNG carrier fleet becomes one vessel richer

A joint venture encompassing Japanese shipping companies NYK and Kawasaki Kisen Kaisha (K Line), Malaysia’s energy-related maritime services provider MISC, and China LNG Shipping (Holdings) Limited (CLNG) has taken delivery of a new liquefied natural gas (LNG) carrier built for QatarEnergy, as part

about 11 months ago
UK subsea technology and services firm appoints new CEO after a decade
Business Developments & Projects

UK subsea technology and services firm appoints new CEO after a decade

UK-based subsea technology and services company SMD has appointed a new chief executive officer (CEO), after the previous one spent a decade in the role. The new CEO, Kenny Liu, is succeeding Julian Zhu, who led the establishment of SMD’s innovation division and oversaw the expansion of UK facilitie

about 11 months ago
Fleetzero taps Glosten to design ‘world’s longest-range’ hybrid electric vessel
Business Developments & Projects

Fleetzero taps Glosten to design ‘world’s longest-range’ hybrid electric vessel

Modular marine batteries developer and maker Fleetzero has commissioned naval architecture company Glosten to design what is expected to be the world’s longest-range hybrid electric vessel.

about 11 months ago
Floating solar project in Valencia reaches first milestones
Business Developments & Projects

Keel laid for BlueNewables floating solar platform in Spain

Spain-based Astilleros San Enrique, part of Grupo Marina Meridional, has reached a new stage in the construction of the BlueNewables floating solar project with the keel laying of the first of two platforms. The work is taking place at the former Factorias Vulcano site in Vigo. According to local me

about 11 months ago
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