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Business Developments & Projects

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Francesco Gattei; Source: Eni
Business Developments & Projects

Eni names new chief financial officer

Italian energy major Eni has appointed a new chief financial officer (CFO) of the company.

about 6 years ago
Trio joins forces on LNT A-Box-based LNG carrier
Business Developments & Projects

Trio joins forces on LNT A-Box-based LNG carrier

Liquefied natural gas technology provider LNT Marine will see its LNT A-Box containment system deployed in a new LNG carrier design.

about 6 years ago
NSRI Tony Laing
Business Developments & Projects

NSRI develops commercialisation tool for subsea sector

The National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of the potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organisations and investors. By measuring the viabilit

about 6 years ago
Core Project Phase 1; Source: IOG HSM Offshore
Business Developments & Projects

IOG picks HSM Offshore for EPCI work on Core Project Phase 1

Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installation (EPCI) contract for its Core Project Phase 1 platforms to Dutch contractor HSM Offshore.

about 6 years ago
EU backs Spanish LNG bunkering projects
Business Developments & Projects

EU backs Spanish LNG bunkering projects

Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.

about 6 years ago
Swedish Energy Agency
Business Developments & Projects

Swedish Energy Agency allocates $3.5M in latest marine energy call

The Swedish Energy Agency has recently opened a call for the development of cost-effective and sustainable marine energy systems. The Agency’s support within the framework of this call for proposals is approximately SEK 30 million ($3.45 million). Also, each project within the call for proposals may

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer) Providence Barryroe SpotOn
Business Developments & Projects

Barryroe consortium spots filled by top service providers

Irish oil and gas exploration company Providence Resources has revealed the list of companies which are part of a consortium set to develop the Barryroe field offshore Ireland.

about 6 years ago
Hitachi ABB Power Grids HVDC convertor
Business Developments & Projects

SSEN taps Hitachi ABB Power Grids for Shetland HVDC link

Hitachi ABB Power Grids has won a contract from SSEN Transmission to deliver a pioneering multi-terminal HVDC interconnection in Shetland. It marks a European first for the HDVC Light technology and the second project of its kind in the world. The link, which will connect Shetland to the UK transmis

about 6 years ago
Prosafe accommodation rig; Source: Prosafe
Business Developments & Projects

Prosafe still negotiating with lenders as forbearance agreement expires

Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussions with lenders to find a long-term financial solution which would stabilize operations.

about 6 years ago
Origin's LNG revenue dips despite APLNG record production
Business Developments & Projects

Origin’s LNG revenue dips despite APLNG record production

Australia’s power and gas retailer Origin Energy reported a slip in revenue as Australia Pacific LNG boasted record production in FY2020.

about 6 years ago
Michael K. Wirth; Source: Chevron
Business Developments & Projects

Chevron posts massive $8.3 billion loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.

about 6 years ago
Acteon Westhill
Business Developments & Projects

Acteon opens new facility in Aberdeen

Subsea services group Acteon has recently opened its new facility in Westhill, Aberdeen. The company has obtained the extensive newly built premises, spanning over a total of 55,000 square feet. The centre should simplify the interface for its clients and boost service delivery for survey, marine el

about 6 years ago
Darren W. Woods; Source: ExxonMobil
Business Developments & Projects

ExxonMobil posts first consecutive quarterly losses since the mid-80s

Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.

about 6 years ago
German offshore wind to hydrogen project takes off
Business Developments & Projects

German offshore wind to hydrogen project takes off

Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Germany. The partners received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world l

about 6 years ago
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