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Business Developments & Projects

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Business Developments & Projects

EnTrust Global commits to green ship finance

US alternative asset management firm EnTrust Global said it has completed fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.

about 5 years ago
Shell sells $2.5 bln stake in QCLNG unit
Business Developments & Projects

Shell sells $2.5 bln stake in QCLNG unit

The Hague-based oil and LNG major Shell has agreed to sell a minority stake in a QCLNG unit for a consideration of $2.5 billion.

about 5 years ago
Nyhamna plant; Source: Shell Aker Solutions
Business Developments & Projects

Shell taps Aker Solutions for work on Ormen Lange Phase 3

Norwegian engineering firm Aker Solutions has been awarded a letter of intent from oil major Shell for the Ormen Lange Phase 3 onshore project.

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

Weir to supply 1,800 wellhead sets and trees to PTTEP

The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.

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

MHWirth to deliver drilling equipment for Chinese drillship

Drilling solutions provider MHWirth has received an order to deliver a drilling equipment package for a Chinese drillship.

about 5 years ago
Standard Viking vessel - Standard Drilling
Business Developments & Projects

Standard Drilling finds new work for supply vessels

Standard Drilling has secured more work for its platform supply vessels. The vessel utilization for its PSVs totalled 74 per cent in October and November.

about 5 years ago
Photo of Skandi Neptune (Courtesy of DOF Subsea)
Business Developments & Projects

DOF Subsea scores multiple contracts in Atlantic region

Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.

about 5 years ago
Sapphire Driller rig - Vantage Drilling
Business Developments & Projects

Vantage jack-up scores new job off E. Guinea

Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.

about 5 years ago
Courtesy of Minerva
Business Developments & Projects

Minerva newbuild completes sea and gas trials

The Greek shipping company Minerva, led by Andreas Martinos, has completed the sea trials and gas trials for the Minerva Psara LNG carrier.

about 5 years ago
Polarcus ICE-1A class vessel (Courtesy of Polarcus)
Business Developments & Projects

Polarcus lands 4D project in Far East

Marine seismic player Polarcus has signed a memorandum of agreement with SCF GEO, a company in the Sovcomflot group, to provide 4D marine seismic acquisition services in the Far East.

about 5 years ago
Deepsea Atlantic rig is working for Equinor
Business Developments & Projects

Equinor cleared to use Odfjell rig in North Sea

Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.

about 5 years ago
An offshore wind farm
Business Developments & Projects

Germany greenlights Kaskasi offshore wind farm

German Federal Maritime and Hydrographic Agency (BSH) has granted planning permission for the 342 MW Kaskasi offshore wind farm (officially known as Kaskasi II). Kaskasi II is the first offshore wind farm in Germany to receive planning permission under the new offshore wind law (WindSeeG), following

about 5 years ago
Courtesy of SEA-LNG Port of Corpus Christi
Business Developments & Projects

Port of Corpus Christi joins SEA-LNG coalition

The Port of Corpus Christi, the largest port in the United States by total revenue tonnage, has joined the multi-sector industry coalition SEA-LNG.

about 5 years ago
A photo of Verdant Power's tidal turbines ahead of installation (Courtesy of Verdant Power)
Business Developments & Projects

EMEC starts power performance assessment for Verdant Power

The European Marine Energy Centre (EMEC) has begun an independent power performance assessment for Verdant Power’s Gen5 tidal energy turbines.

about 5 years ago
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