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Business Developments & Projects

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The green Living Stone cable laying vessel
Business Developments & Projects

Inter-array cable installation resuming soon at Moray East OWF

The second inter-array cable installation campaign will begin this month at the Moray East offshore wind farm, where the seventh wind turbine was installed on 10 February and the decommissioning of the met mast is currently underway. The first inter-array cable installation campaign, which started o

about 5 years ago
FID reached for Zeebrugge LNG regas capacity expansion
Business Developments & Projects

FID reached for Zeebrugge LNG regas capacity expansion

Gas infrastructure major, Fluxys noted it has reached a final investment decision to expand regasification capacity at the Zeebrugge LNG facility.

about 5 years ago
OGA takes proactive approach and launches probe into licence breach
Business Developments & Projects

OGA takes proactive approach and launches probe into licence breach

UK’s petroleum regulator, the Oil and Gas Authority (OGA), has opened an investigation into a possible breach of reporting requirements under a licence.

about 5 years ago
Illustration/ORPC's tidal energy technology. ORPC was supported in OPEN 2015 funding call (Courtesy of ORPC)
Business Developments & Projects

US allocates $100M for transformative clean energy solutions

In support of the Biden Administration’s climate innovation agenda, the U.S. Department of Energy (DOE) has set aside up to $100 million in funding for transformative clean energy technology research and development via ARPA-E OPEN 2021 funding opportunity.

about 5 years ago
Santos flags $139 mln impairment
Business Developments & Projects

Santos flags $139 mln impairment

The Australian energy major Santos expects to recognize an impairment totaling $139 million following reserves review.

about 5 years ago
Containerships Borealis
Business Developments & Projects

LNG-powered Containerships Borealis joins CMA CGM

Containerships, an Intra-European carrier and a subsidiary of the CMA CGM Group, recently took delivery of its fifth new containership powered by liquefied natural gas (LNG), the Containerships Borealis.

about 5 years ago
Shell Olympus platform in the Gulf of Mexico
Business Developments & Projects

Shell picks helicopter operator for Gulf of Mexico

Oil major Shell has selected U.S. offshore helicopter operator PHI to operate four Airbus H160s to service a support contract in the Gulf of Mexico. Announcing the contract on Monday, Airbus said it marks the entry into the oil and gas market of the H160 with design features promising new levels of

about 5 years ago
Location of Enterprise field; Source: Beach Energy
Business Developments & Projects

Beach reveals size of Otway basin discovery off Australia

Australian oil and gas company Beach Energy has announced reserves in the nearshore Enterprise gas field located in the Victorian Otway Basin offshore Australia.

about 5 years ago
Global Energy Group's Port of Nigg site
Business Developments & Projects

Offshore Wind Growth Partnership grants € 1.5 million to 12 UK companies

The Offshore Wind Growth Partnership (OWGP), established as part of the Offshore Wind Sector Deal and funded by members of the Offshore Wind Industry Council (OWIC), has awarded twelve UK companies a total of GBP 1.3 million (around € 1.5 million) in funding and business improvement support. “These

about 5 years ago
Floating Solar Energy Hybrid Project illustration (Courtesy of The Marine Institute)
Business Developments & Projects

Irish company designs floating solar platform for green hydrogen production

SolarMarine Energy, an Irish start-up based in Co Mayo, has designed an innovative floating hybrid renewable energy system which could offer sustainable low carbon solution for Irish coastal communities.

about 5 years ago
Montrose field in the North Sea - Repsol Sinopec
Business Developments & Projects

Repsol Sinopec, TechnipFMC, Petrofac in pact to boost recovery in North Sea

Repsol Sinopec Resources has formed a partnership with TechnipFMC and Petrofac, which seeks to maximise the recovery of oil and gas from the UKCS

about 5 years ago
BOEM rescinds Record of Decision (ROD) for the Gulf of Mexico Oil and Gas Lease Sale 257.
Business Developments & Projects

U.S. pauses planning for March oil and gas lease sale

Due to Biden’s plans to pursue a clean energy future, the U.S. government has rescinded the Record of Decision for the Gulf of Mexico oil & gas lease sale.

about 5 years ago
Transocean is retiring Leiv Eiriksson rig
Business Developments & Projects

Transocean adds more work to backlog, retires Leiv Eiriksson rig

Transocean has secured new contracts for its fleet, bringing the total backlog to $7.8 billion, but it has also decided to retire the Leiv Eiriksson.

about 5 years ago
self-unloader
Business Developments & Projects

CSL, Windsor Salt join forces to build eco-friendly self-unloader

Canadian shipping company Canada Steam Ship Lines (CSL) and compatriot salt manufacturer K+S Windsor Salt Ltd. (Windsor Salt) have entered into a strategic partnership to build a new, eco-friendly self-unloading ship.

about 5 years ago
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