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Business Developments & Projects

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Aoka Mizu FPSO is operating on the Lancaster field for Hurricane
Business Developments & Projects

Hurricane delays plans for new Lancaster well

Hurricane Energy has decided to postpone the drilling of a second production well on the Lancaster field off the UK due to the complex nature of the well.

about 5 years ago
tanker
Business Developments & Projects

TORM acquires Team Tankers’ MR fleet

Danish shipping company TORM has entered into an agreement to buy eight MR product tankers from Bermuda-based Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million and the issuance of 5.97 million shares.

about 5 years ago
Illustration (Courtesy of the University of the Highlands and Islands)
Business Developments & Projects

Researchers use drones to pinpoint tidal energy sweetspots

Researchers in the north of Scotland and Wales are trialling a new method of measuring tidal currents with the help of drones in a project that could revolutionise the marine renewables industry.

about 5 years ago
Vitol offers a Green LNG product
Business Developments & Projects

Vitol launches Green LNG cargoes option

Dutch energy and commodity trading company Vitol launched a Green LNG product for its LNG customers looking to further reduce carbon emissions. The company will offer its LNG customers the option to convert the traditional LNG cargoes to ‘Green LNG’ through offsets. The emissions associated with the

about 5 years ago
Illustration (Courtesy of DMEC)
Business Developments & Projects

DMEC joins World Ocean Council

The Dutch Marine Energy Centre (DMEC) has become a member of the global blue economy business and investment organization World Ocean Council (WOC).

about 5 years ago
Chevron marks first gas from Alen field off Equatorial Guinea
Business Developments & Projects

Chevron marks first gas from Alen field off Equatorial Guinea

Noble Energy, a Chevron company, has achieved the first gas flow from the Alen gas monetization project, off Equatorial Guinea.

about 5 years ago
Trelleborg
Business Developments & Projects

Trelleborg gets rid of UK offshore oil & gas operation

Swedish Trelleborg has signed an agreement and finalized the divestment of its offshore operation in Skelmersdale, England.

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

Chevron backs Swedish geothermal energy business

U.S. oil major Chevron has continued with its latest wave of investments in low-carbon and renewable businesses and technologies with the latest one going to a Swedish geothermal firm.

about 5 years ago
ADNOC
Business Developments & Projects

ADNOC buys Middle East assets of UK-based offshore logistics provider

ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.

about 5 years ago
NKT Triton Knoll offshore wind farm
Business Developments & Projects

NKT delivers Triton Knoll wires

NKT has finalised the manufacturing and delivery of the export cables and array cables for the 857 MW Triton Knoll offshore wind farm located in the North Sea east of Lincolnshire in the UK. The project comprises the manufacture of 100 kilometres of 220 kV HVAC offshore export cables and 144 kilomet

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

Petronas launches 2021 Malaysia bid round

Malaysia’s state-owned oil company Petronas has launched the Malaysia Bid Round (MBR) 2021 with 13 exploration blocks on offer.

about 5 years ago
Baker Hughes and Akastor create new offshore drilling solutions player
Business Developments & Projects

Baker Hughes and Akastor create new offshore drilling solutions player

Baker Hughes and Akastor have announced an agreement to create a joint venture company, that will deliver an offshore drilling equipment offering.

about 5 years ago
Samsung C&T bags LNG expansion deal from Qatar Petroleum
Business Developments & Projects

Samsung C&T bags LNG expansion deal from Qatar Petroleum

Qatar Petroleum has contracted Samsung C&T Corporation for the expansion of the LNG storage and loading facilities in Ras Laffan, as part of the North Field East project.

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

Neptune kicks off appraisal drilling at Dugong discovery

Neptune Energy and its partners in the Dugong licence have started drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea.

about 5 years ago
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