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Business Developments & Projects

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tanker
Business Developments & Projects

Aegean Shipping orders another eco-friendly Aframax

Greek shipping company Aegean Shipping Management has exercised an option to build its third Aframax tanker in China.

about 5 years ago
MMA Privilege vessel - MMA Offshore
Business Developments & Projects

MMA Offshore secures two new MPSV jobs

Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege.

about 5 years ago
Gumusut-Kakap platform offshore Malaysia - Shell - Dayang Enterprise
Business Developments & Projects

Shell extends topside maintenance deal with Dayang

Dayang Enterprise Holdings has received a contract extension from Shell for the provision of topside major maintenance services offshore Malaysia.

about 5 years ago
Hibernia platform - Gov't funding for Canada's offshore oil sector to help protect jobs
Business Developments & Projects

Gov’t funding for Canada’s offshore oil sector to protect jobs

Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.

about 5 years ago
Spirit Energy
Business Developments & Projects

Spirit Energy may face penalty over discharges from North Sea platform

Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty.

about 5 years ago
LNG carrier
Business Developments & Projects

Korean shipbuilders report LNG carrier ordering spree

In the last few days of December 2020, South Korean shipbuilders are witnessing a surge in liquefied natural gas (LNG) carrier orders.

about 5 years ago
Photo of OPT's PB3 Operating in the North Sea for Premier Oil (Courtesy of OPT)
Business Developments & Projects

OPT expands directorate

US-based marine energy company Ocean Power Technologies (OPT) has welcomed three new members to its board of directors.

about 5 years ago
Petrobras
Business Developments & Projects

Petrobras says new oil discovery reinforces pre-salt potential in Búzios

Brazilian oil and gas company Petrobras has made a new oil discovery located in the deepwater Búzios field offshore Brazil.

about 5 years ago
A photo showing the interconnection of Crete with Peloponnese (Courtesy of ADMIE)
Business Developments & Projects

Crete interconnector gets electrified

Independent Power Transmission Operator (IPTO), an ADMIE company, has completed the 24-hour test of the electrification of the submarine cable that connects Crete with the Greek mainland system.

about 5 years ago
A photo illustration showing Resolute Marine's wave energy converter (Courtesy of Resolute Marine)
Business Developments & Projects

DMEC and EMEC guide technology qualification for Resolute Marine

The Dutch Marine Energy Centre (DMEC) and the European Marine Energy Center (EMEC) have held a technology qualification workshop with Resolute Marine as part of the Marine Energy Alliance (MEA) project.

about 5 years ago
oil barrels - Rystad - largest crude deficit in years
Business Developments & Projects

Rystad expects 2021 to bring largest crude deficits in years

The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.

about 5 years ago
Rendering of the Sangomar Field Development FPSO (Image courtesy of SOFEC) - Woodside
Business Developments & Projects

Woodside wraps up Senegal deal with Cairn

Woodside Energy has completed the acquisition of Cairn’s entire participating interest in the Senegal offshore joint venture.

about 5 years ago
An offshore drilling rig
Business Developments & Projects

U.S. offshore rig count goes up a notch

The number of offshore rigs in the U.S. increased by one unit over this week, according to a weekly rig count by Baker Hughes.

about 5 years ago
Cairn Energy
Business Developments & Projects

India told to pay Cairn $1.2 billion in tax arbitration case

The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case.

about 5 years ago
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