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Business Developments & Projects

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Bruce, Keith, and Rhum facilities; Source: Serica
Business Developments & Projects

Serica Energy gets Rhum license renewal

UK oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field in which the company has a 50 per cent interest.

about 5 years ago
HHLA
Business Developments & Projects

HHLA takes majority stake in automation specialist

Germany’s terminal operator has decided to acquire a majority share in iSAM AG, a compatriot specialist in automation technology.

about 5 years ago
An offshore converter platform at an offshore wind farm
Business Developments & Projects

Germany adds (only) 219 MW of offshore wind to its grid in 2020

Germany saw 32 offshore wind turbines with a total capacity of 219 MW connected to the grid in 2020, with no new wind turbines erected in the second half of the year, according to the figures published by Deutsche WindGuard on 21 January. In total, 1,501 offshore wind turbines with a capacity of 7,7

about 5 years ago
Olympus platform and a drilling rig in the background
Business Developments & Projects

Rystad: Oilfield services sector will struggle to repeat former glory amid energy transition push

The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.

about 5 years ago
Aleron new headquarters
Business Developments & Projects

Aleron bringing its divisions under one roof

Aleron Group has announced a high-level organisation restructure to align with its strategic growth plans to consolidate product and service offerings. The Group consisting of individual entities, Aleron Subsea and ROVQUIP, will now formally become a single entity, know as Aleron Limited. The divisi

about 5 years ago
Block 4 in the Red Sea off Egypt - Mubadala Petroleum
Business Developments & Projects

Mubadala enters Shell’s Red Sea block

Mubadala Petroleum has signed a concession agreement for the Shell-operated Block 4 located in the Red Sea offshore Egypt.

about 5 years ago
PacWave sites
Business Developments & Projects

BOEM issues first marine energy lease for west coast waters

The Bureau of Ocean Energy Management (BOEM) of the United States has issued the first marine renewable energy research lease in federal waters off the west coast for a wave energy project.

about 5 years ago
Total-chartered SCF La Perouse
Business Developments & Projects

SCF inks LNG newbuild charter deal with Total

Russia’s largest shipping company Sovcomflot has secured a charter deal for its newbuild LNG tanker with Total.

about 5 years ago
Energean Power FPSO; Source: Energean
Business Developments & Projects

Energean could push back first gas from Karish to 2022

Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021.

about 5 years ago
Transocean Arctic rig on Dvalin - Wintershall Dea
Business Developments & Projects

Wintershall Dea curbs Dvalin gas flows over mercury issues

Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.

about 5 years ago
Overhead view of GKinetic’s 10kW prototype device being tested in the Limerick Docks in Ireland (Courtesy of GKinetic Energy)
Business Developments & Projects

GKinetic secures major US patent

Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection in the United States for the ‘bluff body’ accelerator – part of the company’s hydrokinetic technology concept.

about 5 years ago
subsea tieback offshore Egypt
Business Developments & Projects

Energean takes subsea tieback FID off Egypt

London-based Energean has taken the final investment decision on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered ga

about 5 years ago
The potential deal between NEO Energy and Exxon includes Gannet field in the North Sea
Business Developments & Projects

NEO Energy in talks to buy ExxonMobil’s North Sea assets

HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

about 5 years ago
Woodside and Tasmanian Government sign MOU on H2TAS project
Business Developments & Projects

Woodside and Tasmanian Government sign MOU on H2TAS project

Woodside Energy’s H2TAS renewable hydrogen project will be supported by the Tasmanian Government, as outlined in the new Memorandum of Understanding (MOU).

about 5 years ago
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