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Business Developments & Projects

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Wind turbines at sea with a wake visible behind each
Business Developments & Projects

Siemens Gamesa’s FY2020 revenues drop, but offshore wind order intake doubles

The fiscal year 2020 has ended at Siemens Gamesa Renewable Energy (SGRE), which reported a decline in revenues, but also a record order intake. In its outlook, the wind turbine supplier sees boosts in several markets, such as the green hydrogen plans in the EU, Democrats’ push for net-zero 2050 in t

about 5 years ago
McDermott
Business Developments & Projects

McDermott ships second batch of MODEC FPSO modules to Singapore

McDermott has made the second shipment of topside modules for an FPSO unit for MODEC just weeks after the first shipment of modules sailed away.

about 5 years ago
Talos Energy's GC 18 platform
Business Developments & Projects

Busy storm season sinks Talos revenues

Production shut-ins and project delays caused by the busy storm season in the Gulf of Mexico resulted in Talos recording a decrease in quarterly revenues.

about 5 years ago
Arklow Bank Phase 1
Business Developments & Projects

Ramboll and GDG concept design for Arklow Bank foundations

SSE Renewables has commissioned the combined design team of Ramboll and Gavin & Doherty Geosolutions (GDG) to deliver the concept design for the wind turbine substructures for Phase 2 of the Arklow Bank wind farm offshore Ireland. Arklow Bank is a 520 MW offshore development located circa 12 kilomet

about 5 years ago
bulker
Business Developments & Projects

Genco continues with fleet renewal as it offloads 3 Supramaxes

US-based drybulk shipowner Genco Shipping & Trading Limited is moving forward with its fleet renewal programme as it agreed the sale of three Supramax vessels.

about 5 years ago
Santos secures $750 mln loan
Business Developments & Projects

Santos secures $750 mln loan

Australian LNG operator Santos said it has secured a $750 million five-year bank loan maturing January 2026.

about 5 years ago
seafarers
Business Developments & Projects

SSI, IHRB start project focusing on seafarers’ rights

The Sustainable Shipping Initiative (SSI) and the Institute for Human Rights and Business (IHRB), along with SSI members, have launched a new project focusing on seafarers’ labour and human rights.

about 5 years ago
The Siem Barracuda vessel at sea
Business Developments & Projects

Cable works at Moray East OWF in full swing

Inter-array cable testing and termination will start at the Moray East offshore wind farm around 11 November, with the first of the two campaigns for this work scheduled to commence then. The testing and termination works will be carried out from the wind turbines and offshore substation platforms a

about 5 years ago
Fatih drillship; Source: Fatih Dönmez Twitter account Turkey
Business Developments & Projects

Turkey starts drilling second well in Black Sea

Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with the Tuna-1 (Danube-1) well.

about 5 years ago
A photo of Clyde Hutchinson, the mentor selected for the GKinetic team as part of BlueInvest Readiness Assistance Programme (Courtesy of GKinetic Energy)
Business Developments & Projects

BlueInvest boosts GKinetic’s investor readiness

Ireland-based provider of hydrokinetic solutions GKinetic Energy has been selected to receive support from Europe’s BlueInvest Readiness Assistance Programme.

about 5 years ago
Eni: Coral-Sul FLNG modules lifting complete (Video)
Business Developments & Projects

Eni: Coral-Sul FLNG modules lifting complete (Video)

Italian oil and gas company Eni said the last of the 13 topside modules for the Coral-Sul FLNG facility has been lifted at the SHI shipyard in South Korea.

about 5 years ago
Hakuryu-14 jack-up rig - JDC
Business Developments & Projects

Japanese contractor secures more rig work in Indonesia

Japanese offshore drilling contractor Japan Drilling Company (JDC) has been awarded a new drilling contract by Pertamina for operations offshore Indonesia.

about 5 years ago
DESFA grabs stake in Alexandroupolis FSRU project
Business Developments & Projects

DESFA grabs stake in Alexandroupolis FSRU project

Greek gas grid operator DESFA has firmed up the agreement to acquire a 20 per cent stake in Gastrade, the company behind the Alexandroupolis FSRU project.

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

Petrobras kicks off binding phase for Ceará Cluster sale

Brazilian oil major Petrobras has kicked off the binding phase for the sale of its ownership in shallow-water fields in the Ceará Cluster offshore Brazil.

about 5 years ago
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