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Business Developments & Projects

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Consortium eyes next-gen AI-powered wave energy infrastructure
Business Developments & Projects

Consortium eyes next-gen AI-powered wave energy infrastructure

Israel-headquartered developer Eco Wave Power is engaged in talks with Florida Atlantic University (FAU) and the University of Michigan to explore the development of artificial intelligence (AI)-driven wave energy applications, WaveGPT, and next-generation wave-powered coastal data center infrastruc

about 1 month ago
FLNG Hilli Episeyo; Source: Golar LNG
Business Developments & Projects

Asian player enters South America with multi-year job for Argentina LNG project

Adani Ports and Special Economic Zone (APSEZ), India’s largest integrated transport utility that is part of the globally diversified Adani Group, has won a decade-long marine services contract for Argentina’s first liquefied natural gas (LNG) export, marking its entry into South America and expandin

about 1 month ago
Sempra Infrastructure
Business Developments & Projects

New CEO taking the reins at Sempra Infrastructure

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has revealed the name of its incoming Chief Executive Officer (CEO), who will be at the helm of the company upon completion of a KKR-led consortium’s acquisition of a majority ownership interest.

about 1 month ago
Illustration; Source: ExxonMobil
Business Developments & Projects

Oxy taking minor stake in ExxonMobil’s Caribbean ultra-deepwater block

Houston-headquartered energy player Occidental (Oxy) has secured the go-ahead from Trinidad and Tobago to join U.S. energy giant ExxonMobil in an ultra-deepwater exploration block in the Caribbean’s southernmost archipelagic country.

about 1 month ago
Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda
Business Developments & Projects

Brazil-Belgium green shipping corridor powers consortium’s e-fuel uptick agenda

A new consortium, facilitated by the Global Maritime Forum and RMI, is set on bringing to life a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium to advance e-fuel production and transport.

about 1 month ago
Hexa-source testing using the Gemini Enhanced Frequency Source (EFS) in conjunction with Apparition simultaneous source acquisition and separation technology; Source: TGS
Business Developments & Projects

New acquisition expands TGS’ multi-source seismic capabilities across marine surveys

Norwegian energy data and intelligence provider TGS has taken steps to bring Apparition Geoservices and its proprietary simultaneous source acquisition and separation technology into its fold to advance seismic efficiency and subsurface imaging.

about 1 month ago
Illustration of subsea rock installation vessels; Source: Van Oord
Business Developments & Projects

Van Oord’s subsea rock installation vessel pair to sport TMC’s compressed air system

TMC, a Norway-based designer of compressed air systems for marine and offshore use, has received an order to provide a marine compressed air system for two subsea rock installation vessels being built for the Netherlands-headquartered marine contractor Van Oord.

about 1 month ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business Developments & Projects

Aker BP gets hold of larger stake in huge North Sea oil field

Norwegian oil and gas player Aker BP has augmented its interest in a giant field in the North Sea, which is considered to be one of the largest producing oil fields on the Norwegian Continental Shelf (NCS).

about 1 month ago
LNG facility; Source: Sempra
Business Developments & Projects

Sempra, TotalEnergies up LNG ante at Mexico’s Pacific Coast with project start-up

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, and its joint venture partner, France’s energy giant TotalEnergies, have expanded liquefied natural gas (LNG) output in Mexico by achieving the first LNG production at their project in Ensenada.

about 1 month ago
Illustration; Source: ADES
Business Developments & Projects

Jack-up rig picked for six-well drilling campaign in Southeast Asia

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has booked a jack-up rig for a multi-well drilling campaign at its natural gas field in the West Natuna Sea off the coast of Indonesia, Southeast Asia.

about 1 month ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business Developments & Projects

Altera & Ocyan JV passes FPSO operatorship baton to Karoon

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has taken over the operatorship helm from Altera & Ocyan (A&O), a joint venture between Altera Infrastructure and Ocyan, at a floating production, storage, and offloading (FPSO) vessel, which is working on an

about 1 month ago
Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel
Business Developments & Projects

Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture (JV) company in Singapore to serve as the investment and operating vehicle for the reactivation and subsequent commercial deployment of an existing offshore su

about 1 month ago
First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab
Business Developments & Projects

First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab

Maritime asset ownership and management firm Seaspan Corporation and German container shipping major Hapag-Lloyd have completed the first of five vessel conversions under their methanol retrofit program. Following the delivery of Seaspan Yangtze, the remaining vessels planned for retrofit are Seaspa

about 1 month ago
Trion development concept; Source: Woodside
Business Developments & Projects

SBM Offshore shedding partial stake in Gulf of Mexico-bound FSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has decided to sell a minority interest to its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK) in a newbuild floating storage and offloading (FSO) u

about 1 month ago
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