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Business Developments & Projects

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First Gen eyes small-scale LNG development
Business Developments & Projects

First Gen eyes small-scale LNG development

FGEN LNG, a unit of First Gen Corporation, is looking into the potential small-scale LNG development in the First Philippine Industrial Park (FPIP).

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

Apache sets aim for fifth Suriname well

Oil and gas company Apache Corporation has selected its fifth exploration well offshore Suriname in Block 58 and filed appraisal plans for two previous discoveries.

about 5 years ago
Vole au vent installation vessel installing a wind turbine at sea
Business Developments & Projects

North East England’s offshore wind supply chain holds 4,500 new jobs

In the next five years, the offshore wind supply chain could create 4,500 new jobs in the North East England, with the turnover of the UK region’s supply chain companies to more than double in their offshore wind activities over the same period. This is according to the Supply Chain Mapping 2020 res

about 5 years ago
Shell
Business Developments & Projects

Shell gets extra time to process data for North Sea gas prospect

Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.

about 5 years ago
Shearwater vessel for CGG seismic survey off Brazil
Business Developments & Projects

CGG and Shearwater put off streamer tech joint venture

CGG and Shearwater have agreed to suspend negotiations around creating a marine streamer equipment JV until visibility in the streamer replacement cycle improves. The companies said that decision comes due to the downturn in the oil and gas industry, triggered by the Covid-19 pandemic. Both parties

about 5 years ago
Maersk Resilient jack-up rig
Business Developments & Projects

Maersk Drilling wins new job in Dutch North Sea but loses another one in UK

Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.

about 5 years ago
Safe Caledonia; Source: Prosafe
Business Developments & Projects

Prosafe cuts losses despite lower revenues hit by Covid-19 and oil price crash

Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.

about 5 years ago
Viking Princess vessel hired by Wintershall Dea - Eidesvik
Business Developments & Projects

Wintershall Dea targets 30 pct reduction in CO2 emissions with new supply vessel

Wintershall Dea will reduce annual emissions on supply vessel services to the Brage platform by up to 30% when the Viking Princess vessel goes on contract.

about 5 years ago
Petrobras
Business Developments & Projects

Petrobras sets up exec team to lead transition to low-carbon

Petrobras has decided to create a climate change executive management, reinforcing the growing importance of the activities related to the low-carbon transition.

about 5 years ago
A wind turbine nacelle at Siemens Gamesa's Cuxhaven nacelle factory
Business Developments & Projects

Siemens Gamesa produces 500th offshore wind turbine nacelle in Cuxhaven

Siemens Gamesa has produced the 500th nacelle for an offshore wind turbine at its manufacturing plant in Cuxhaven, Germany. The milestone was reached with a nacelle for the Hornsea Two offshore wind farm in the UK. The offshore nacelle manufacturing plant in Cuxhaven was opened in 2017 and regular o

about 5 years ago
MPA Singapore
Business Developments & Projects

Singapore ship registry crosses 96 million GT milestone

The Singapore Registry of Ships (SRS) crossed the 96 million gross tonnage milestone in 2020, maintaining its position among the top five ship registries in the world.

about 5 years ago
An image showing the concept for Oscilla Power's Triton wave energy device concept (Courtesy of Oscilla Power)
Business Developments & Projects

Oscilla Power hits over $300K as crowdfunding nears end

The Seattle-based company Oscilla Power has raised over $300K in an ongoing crowdfunding campaign that will remain open for two more weeks.

about 5 years ago
Transkei and Algoa blocks - Impact/Shell
Business Developments & Projects

Shell joins South African block close to Total’s gas discoveries

Impact Oil & Gas has entered into an agreement with Shell for the farm-out of a 50% working interest and operatorship in a block offshore South Africa.

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

BP to sell London headquarters for $324 million

Oil major BP is reportedly close to selling its global headquarters in central London for around $324,4 million under an accelerated schedule for the overhaul of the company.

about 5 years ago
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