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Business Developments & Projects

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NG Explorer vessel at dock
Business Developments & Projects

NextGeo bags interconnector, offshore wind cable route survey contracts with Prysmian

Prysmian has awarded two contracts to Next Geosolutions (NextGeo), one of which is in the Dutch offshore wind market, where NextGeo will carry out export cable route surveys for the IJmuiden Ver Alpha and Nederwiek 1 offshore wind sites. The second contract NextGeo secured with Prysmian is for the B

about 1 year ago
LNG carrier docking at Adriatic LNG terminal
Business Developments & Projects

Italy’s biggest LNG terminal poised for capacity upgrade

A liquefied natural gas (LNG) terminal in Italy’s northern Adriatic Sea will undergo work to expand its regasification capacity.

about 1 year ago
Siemens and Paragon join forces on novel hydrogen production technology
Business Developments & Projects

Siemens and Paragon join forces on novel hydrogen production technology

Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources.

about 1 year ago
Illustration; Source: Baker Hughes
Business Developments & Projects

Baker Hughes’ $13.6 billion move on Chart spotlights gas, data centers, and decarbonization growth drivers

Baker Hughes has made a multibillion-dollar play for Chart Industries to high-grade its portfolio with differentiated capabilities across a diverse set of markets, including LNG, data centers, and low-carbon plays.

about 1 year ago
Two offshore platforms
Business Developments & Projects

‘One of largest’ UKCS producers born with NEO–Repsol merger

Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has completed its strategic merger with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol.

about 1 year ago
Jacket for Crux platform on its way to Australia; Source: Shell
Business Developments & Projects

McDermott sends off one of its largest structures ever built to Shell’s huge gas project

McDermott has confirmed the load-out of a jacket built for an offshore platform destined for a natural gas development, which Shell Australia, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Western Australia.

about 1 year ago
HD KSOE
Business Developments & Projects

HD KSOE to construct new dual-fuel LNG boxship duo for Greek shipowner

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a shipbuilding intermediate holding company of HD Hyundai, has been commissioned by Greece-based shipowner Capital to build a new pair of dual-fuel liquefied natural gas (LNG)-powered container vessels. According to Greek shipbrok

about 1 year ago
First Hydrogen expands nuclear SMR collaboration with University of Alberta
Business Developments & Projects

First Hydrogen expands nuclear SMR collaboration with University of Alberta

First Hydrogen has expanded its collaboration with the University of Alberta to include nuclear small modular reactor (SMR) design for green hydrogen production.

about 1 year ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

Worley in the clear to bring first chapter of Venture Global’s $28 billion LNG project to life

With the go-ahead in hand, Australia’s Worley is all set to embark on the full scope of work at a multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, which represents the third such facility Venture Global has set its cap on building in the United States over the past five y

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business Developments & Projects

Aker BP prolongs Saipem rig’s stay in Norway

Norwegian oil and gas player Aker BP has extended the contract for the assignment of a semi-submersible drilling rig owned by Italian energy giant Saipem offshore Norway.

about 1 year ago
European Energy Little Belt
Business Developments & Projects

Geotechnical surveys start at 165 MW Lillebælt Syd offshore wind farm in Denmark

Geotechnical surveys have commenced for the Lillebælt Syd offshore wind farm in Denmark, being developed by TotalEnergies, European Energy, and Danish utility company SONFOR. In the coming months, a jack-up will conduct test drilling for the eleven turbine locations at the Lillebælt Syd wind farm si

about 1 year ago
Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo
Business Developments & Projects

Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo

UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.

about 1 year ago
Source: MacArtney Underwater Technology Group (Screenshot)
Business Developments & Projects

MacArtney supplies equipment for Pacific Neutrino project

Denmark-based underwater technology specialist MacArtney Underwater Technology Group has completed production and assembly of 20 junction boxes and 1,000 meters of subsea cable for the Pacific Ocean Neutrino Experiment (P-ONE). “A significant milestone has been reached for the P-ONE project – and we

about 1 year ago
FPSO Triton
Business Developments & Projects

Serica facing stabilization setbacks after North Sea FPSO restart

The UK-based upstream oil and gas player Serica Energy is experiencing delays with stabilizing production from its fields in the North Sea, which is achieved via a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum.

about 1 year ago
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