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Business Developments & Projects

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G8 Subssea cable lading in Singapore
Business Developments & Projects

G8 lands Singapore Northern Woodlands cable

Singapore-based engineering firm G8 Subsea has recently completed the landing and pull-in of the world’s first submarine cable for offshore solar power and data. The Northern cable landing, situated at Woodlands, Singapore will transmit data back to mainland with over 5MW of clean renewable energy b

about 5 years ago
BW Energy
Business Developments & Projects

BW Energy revealed as buyer of two Borr rigs as Gabon development plan gets revamped

BW Energy has concluded on an alternative development plan for the Hibiscus/Ruche field in the Dussafu license off Gabon, using a converted jack-up rig.

about 5 years ago
Pacific Sharav drillship - Pacific Drilling
Business Developments & Projects

Pacific Drilling files for Chapter 11 to eliminate $1.1 billion of debt

Pacific Drilling has filed for Chapter 11 bankruptcy to eliminate $1.1 billion of bond debt amid significant disruption in the offshore drilling market.

about 5 years ago
Minesto picks up speed on Faroe Islands tidal project
Business Developments & Projects

Minesto picks up speed on Faroe Islands tidal project

Swedish tidal energy developer Minesto has made progress on the commissioning of the DG100 tidal kite system in Vestmannasund in Faroe Islands.

about 5 years ago
Ocean Apex rig
Business Developments & Projects

BP kicks off Ironbark drilling operations

Oil major BP has started drilling the Ironbark-1 well located offshore Western Australia.

about 5 years ago
Qingdao Conson Development starts construction on the world’s longest subsea road tunnel
Business Developments & Projects

Chinese start building the world’s longest subsea road tunnel

The construction has kicked off on the world’s longest subsea road tunnel and the second Jiaozhou Bay tunnel in China. The launch ceremony took place in Qingdao’s West Coast New Area on October 29, bringing together leaders and experts from government, academia, as well as Qingdao Conson Development

about 5 years ago
Wave Swell Energy advances 200kW wave energy demo
Business Developments & Projects

Wave Swell Energy advances 200kW wave energy demo

The Australian company Wave Swell Energy has launched the substructure for its King Island wave energy demonstration project.

about 5 years ago
GTT posts nine-month revenue jump
Business Developments & Projects

GTT posts nine-month revenue jump

French liquefied natural gas containment system specialist, GTT, reported a 53.1 per cent jump in its nine-month revenue.

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

ExxonMobil to slash 14,000 jobs as effects of pandemic hit oil demand

U.S. oil major ExxonMobil could cut its global workforce by about 15 per cent, as the Covid-19 pandemic batters energy demand and prices.

about 5 years ago
Vineyard-Wind-Seals-Transmission-Deal
Business Developments & Projects

Vineyard Wind seals transmission deal

Vineyard Wind has reached a transmission agreement with ISO New England (ISO-NE) for its 800 MW Vineyard Wind 1 offshore wind project in Massachusetts. The agreement allows the 800 MW wind farm to connect its generation into the New England electric power grid at the NSTAR 115kV switch station in Ba

about 5 years ago
Snam enters Israeli small-scale LNG, hydrogen markets
Business Developments & Projects

Snam enters Israeli small-scale LNG, hydrogen markets

Italian infrastructure operator Snam has signed MoUs with Israeli companies for collaboration in small-scale LNG and hydrogen.

about 5 years ago
FPSO illustration; Source: MAN Energy Solutions Equinor MODEC
Business Developments & Projects

MAN to supply compressors for Equinor’s Bacalhau FPSO

Japanese supplier and operator of offshore floating platforms MODEC has commissioned MAN Energy Solutions to supply a total of five radial compressor and two screw compressor trains for the first Brazilian offshore gas extraction project of the end customer Equinor.

about 5 years ago
Woodfibre LNG granted construction deadline extension
Business Developments & Projects

Woodfibre LNG granted construction deadline extension

The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast has been granted a permit to postpone the start of construction.

about 5 years ago
Carnegie Wave Predictor technology
Business Developments & Projects

Carnegie lands Microsoft AI for Earth grant

Australian developer Carnegie Clean Energy has secured a Microsoft AI for Earth grant to support a project that uses artificial intelligence (AI) to enhance the capabilities of its ‘Wave Predictor‘ and broadens its potential applications. Microsoft’s AI for Earth grants provide access to Microsoft r

about 5 years ago
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