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Business Developments & Projects

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Illustration; Source: Equinor SSB
Business Developments & Projects

Norway: Oil firms ramp up 2021 investment plans

A survey by the Norwegian statistics bureau SSB has revealed that oil and gas companies in Norway have boosted investment plans in recent months.

about 5 years ago
McDermott
Business Developments & Projects

McDermott gets fresh capital injection to fund growth

McDermott has secured approximately $560 million in new capital through a series of transactions expected to close by the end of the year.

about 5 years ago
seismic vessel BGP Prospector
Business Developments & Projects

TGS in new Brazil seismic projects as Argentina 3D shoot kicks off

Norwegian seismic player TGS has kicked off the Malvinas 3D project in Argentina and scored two surveys offshore Brazil. The Malvinas survey was first announced to the market on 4 August this year. The BGP vessel Prospector will acquire approximately 5,000 square kilometres, which will bring the tot

about 5 years ago
Dunkerque LNG adapts jetty for small-scale LNG carriers
Business Developments & Projects

Dunkerque LNG adapts jetty for small-scale LNG carriers

Dunkerque LNG, the operator of the Dunkirk import facility has completed the adaptation of its jetty to accommodate small-scale LNG vessels.

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

Energean’s Karish project 85 pct complete

Greek oil and gas company Energean has completed 85 per cent of its Karish project offshore Israel.

about 5 years ago
FPF-1 - Ithaca Energy
Business Developments & Projects

Ithaca moves forward with plans to develop North Sea field as subsea tie-back

Ithaca Energy is moving forward with its plans to develop the Abigail field, located in the UK North Sea as a subsea tie-back.

about 5 years ago
Miclyn Enterprise
Business Developments & Projects

MEO vessel set for Indonesia subsea campaign

Miclyn Express Offshore (MEO) vessel, Miclyn Enterprise, has set sail on its maiden subsea voyage to Indonesian waters. This follows the fitment of a 20T knuckle boom crane and the vessel’s reflagging from Panama to Indonesian flag. Miclyn Enterprise is performing pipeline monitoring operations for

about 5 years ago
A photo of Boris Johnson, UK's Prime Minister (Courtesy of UK government)
Business Developments & Projects

UK outlines £12 billion plan to spark ‘green industrial revolution’

UK Prime Minister Boris Johnson has released a £12 billion plan for a ‘green industrial revolution’ that is expected to support up to 250,000 jobs.

about 5 years ago
Gasum, Equinor extend LNG bunkering deal to ARA region
Business Developments & Projects

Gasum, Equinor extend LNG bunkering deal to ARA region

The Nordic energy company Gasum has extended its LNG bunkering services to the ARA region with its new deal with Equinor.

about 5 years ago
bulker
Business Developments & Projects

41 Indian seafarers stuck at Chinese ports for months amid a standoff between Australia and China

A total of 41 Indian seafarers have been stranded on two ships for months unable to dock in Chinese ports and carry out crew changes amid heated tensions between the governments of China and Australia. The seafarers got in the middle of a debate between the two countries exacerbated by the calls fro

about 5 years ago
Ocean Infinity Armada
Business Developments & Projects

Shell and Ocean Infinity form seep hunting pact

Oil and gas major Shell has partnered with marine robotics firm Ocean Infinity to combine expertise and assets to execute multiclient seep hunting projects. The companies believe that combination of Shell’s specialist seep hunting expertise and Ocean Infinity’s ‘Armada’ fleet of robotic ships, will

about 5 years ago
Boxship
Business Developments & Projects

Maersk delivers strong Q3 result, raises 2020 guidance

Danish container shipping major A.P. Moller – Maersk managed to grow earnings and cash flow in the third quarter of this year, despite the negative effect on global economies of the COVID-19 pandemic.

about 5 years ago
oil and gas worker - Australia
Business Developments & Projects

Covid-19 caused the loss of over 28,000 oil & gas jobs in Australia, Rystad analysis shows

The Covid-19 pandemic hit Australia’s already declining oil and gas workforce hard, causing a loss of over 28,000 jobs this year, Rystad Energy says.

about 5 years ago
A concept for Mocean Energy's Blue Star wave energy device (Courtesy of Mocean Energy)
Business Developments & Projects

Mocean Energy bags £850K to bring green power to subsea oil and gas

The Edinburgh-based start-up Mocean Energy has secured a major investment to advance the design of its Blue Star wave energy device, and drive its adoption in subsea oil and gas sector.

about 5 years ago
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