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Business Developments & Projects

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Innovo staff
Business Developments & Projects

Innovo to take part in Innovate UK’s GBIP

Innovo has been selected as one of 15 companies to participate in Innovate UK’s Global Business Innovation Programme. The programme, delivered by Enterprise Europe Network, will span activities from September 2020 to July 2021. It will focus on surface and underwater marine robotics systems and tech

about 5 years ago
ConocoPhillips' headquarters in Houston; Source: ConocoPhillips
Business Developments & Projects

Lime Rock CEO takes ConocoPhillips board seat

U.S.-based energy corporation ConocoPhillips has named a new member of the company’s board of directors.

about 5 years ago
OceanBased joins National Hydropower Association
Business Developments & Projects

OceanBased joins National Hydropower Association

OceanBased Perpetual Energy has become a member of the National Hydropower Association and its Marine Energy Council. The US-based association dedicates exclusively to promoting the growth of clean, renewable hydropower and marine energy. “Throughout the United States and its territories, OceanBased

about 5 years ago
DoE grants Alaska LNG non-FTA export permit
Business Developments & Projects

DoE grants Alaska LNG non-FTA export permit

The United States Department of Energy’s Office of Fossil Energy has authorized the Alaska LNG project to export the chilled fuel to non-free trade agreement countries.

about 5 years ago
Petrojarl Banff FPSO
Business Developments & Projects

Petrojarl Banff FPSO reaches UK port ahead of recycling

UK’s Kishorn Port has welcomed the Petrojarl Banff FPSO for temporary mooring while its owner is looking for a suitable location for recycling.

about 5 years ago
FCwave
Business Developments & Projects

Ballard rolls out fuel cell industry’s 1st commercial module to power ships

Ballard Power Systems has launched the fuel cell industry’s first module designed for primary propulsion power in marine vessels.

about 5 years ago
Namibia coast; Source: Kosmos Shell
Business Developments & Projects

Kosmos Energy farms down asset portfolio to Shell for up to $200M

U.S.-based oil and gas company Kosmos Energy has entered into an agreement with a subsidiary of Royal Dutch Shell to farm down interests in a portfolio of frontier exploration assets for up to $200 million.

about 5 years ago
The Noble Lloyd Noble drilling rig
Business Developments & Projects

Equinor hires Noble rig for Valemon campaign

Noble Corporation has been awarded a contract by Equinor for drilling three wells at the Valemon field from the summer of 2021, using the Noble Lloyd Noble drilling rig.

about 5 years ago
Delta Offshore seeks bids for 25-year Vietnam LNG supply deal
Business Developments & Projects

Delta Offshore seeks bids for 25-year Vietnam LNG supply deal

Delta Offshore Energy on Tuesday issued a request for proposals, first of its kind for Vietnam, for a 25-year LNG supply deal to its planned power project in Bac Lieu. The tender is for delivery of 2.5-3 million tonnes per year on a delivered ex-ship (DES) or freight on board (FOB) basis, the firm s

about 5 years ago
Green Waves; Source: Damen Rederij Groen
Business Developments & Projects

Damen delivers fast crew supplier vessel to Rederij Groen

Dutch Damen Shipyards has delivered a fast crew supplier (FCS) vessel bound for work in the oil and gas industry to shipping and service company Rederij Groen.

about 5 years ago
Noble Hans Deul rig on Franklin field
Business Developments & Projects

Oil & gas after 2020: Will the latest downturn lead to permanent transformation?

Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.

about 5 years ago
PGS seismic vessel Ramform Sovereign
Business Developments & Projects

PGS wraps up seismic campaign offshore Angola

Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin. The vessel Ramform Sovereign has completed the project offshore Angola using multisensor GeoStreamer technology. PGS noted that it has achieved operational and geological objectives successfully and sa

about 5 years ago
Jon Huntsman Jr. at the World Economic Forum in Dalian, China; Source: U.S. Government
Business Developments & Projects

Former U.S. Ambassador to Russia rejoins Chevron board

U.S. energy major Chevron has re-elected one of its previous directors to the board of directors and two committees.

about 5 years ago
MEECE at Swansea University
Business Developments & Projects

MEECE launches tender and recruiting spree

The Marine Energy Engineering Centre of Excellence (MEECE) at Swansea University is looking for biaxial-machine tenders. Namely, Fatigue loads often drive the load regime experienced by wind, wave and tidal devices. Therefore, there is significant scope for cost reduction through characterisation of

about 5 years ago
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