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Business Developments & Projects

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Reliance, JERA secure funds for gas-fired power project in Bangladesh
Business Developments & Projects

Reliance, JERA secure funds for gas-fired power project in Bangladesh

Reliance Bangladesh LNG & Power have secured funds for a gas-fired power generation project in Bangladesh.

about 6 years ago
Hill International picked as Cyprus LNG owner's engineer
Business Developments & Projects

Hill International picked as Cyprus LNG owner’s engineer

Hill International has been selected as the owner’s engineer for the Cyprus LNG import terminal project.

about 6 years ago
EnQuest to operate Bressay field as Equinor halves interest
Business Developments & Projects

EnQuest to operate Bressay field as Equinor halves interest

Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay oil field development on the UK continental shelf to EnQuest.

about 6 years ago
PTO search begins as wave energy developer advances to full scale device
Business Developments & Projects

PTO search begins as wave energy developer advances to full scale device

Swansea-based company is developing a flexible ocean energy extraction technology that can harness wave energy, wind energy and combined wind and wave energy at grid scale. All the machines share a common floating platform technology said to have cost and deployment advantages over other floating pl

about 6 years ago
Ekofisk field in the North Sea
Business Developments & Projects

Red ink for ConocoPhillips on lower oil prices and volumes

ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices and production curtailments amid COVID-19 impact.

about 6 years ago
Floatel Endurance
Business Developments & Projects

Floatel to book nearly $400 million in impairment charges

Floatel International will book impairments of nearly $400 million for the second quarter of the year due to impairments of its vessels made amid challenging market situation.

about 6 years ago
Maersk Intrepid rig
Business Developments & Projects

Green light for Equinor to use Maersk rig on Martin Linge field

Norwegian oil major Equinor has received safety consent from the country’s offshore safety watchdog to use the Maersk Intrepid jack-up rig on the Martin Linge field offshore Norway.

about 6 years ago
Transocean Enabler rig
Business Developments & Projects

Equinor comes up dry in Barents Sea well

Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway.

about 6 years ago
Freeport LNG seeking permit to delay Train 4 development
Business Developments & Projects

Freeport LNG seeking permit to delay Train 4 development

The Freeport LNG export project in Texas led by billionaire Michael Smith, has asked for additional time to develop the project’s fourth train.

about 6 years ago
Voyageur Spirit FPSO
Business Developments & Projects

UK boasts improved production efficiency for seven years in a row

Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and for 2019 reached 80 per cent.

about 6 years ago
Hohe See and Albatros come through for EnBW
Business Developments & Projects

Hohe See and Albatros come through for EnBW

German energy company EnBW’s Renewable Energies segment more than doubled its operating result in the first six months of 2020, mainly due to the Hohe See and Albatros offshore wind farms coming into operation. The company’s renewables segment reported an operating result (adjusted EBITDA) of € 426

about 6 years ago
2Africa cable map
Business Developments & Projects

Fugro begins shallow water phase for 2Africa cable project

Fugro has begun its shallow water campaign for the 2Africa subsea fibre-optic cable project. Once installed, it will connect 23 countries in Africa, the Middle East and Europe and deliver more than the total combined capacity of all subsea data cables serving Africa today. Fugro is supporting the pr

about 6 years ago
Petrobras renews Vallourec contract for provision of tubes and services
Business Developments & Projects

Petrobras renews Vallourec contract for provision of tubes and services

Tubular solutions provider Vallourec has been awarded an extension of its contracts to supply products and services to Brazil’s oil and gas giant Petrobras.

about 6 years ago
Sound Energy garners cash to pursue Moroccan LNG project
Business Developments & Projects

Sound Energy garners cash to pursue Moroccan LNG project

The UK-based Sound Energy has issued 129.4 million shares aiming to raise £2.75 million ($3.56 million) as it pushes forward with its Moroccan LNG project.

about 6 years ago
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