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Business Developments & Projects

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Eni CEO Claudio Descalzi
Business Developments & Projects

Eni calls Nigeria bribery case ‘completely groundless’ as prosecutors seek jail sentence

Eni considers that the Public Prosecutor’s requests for conviction of the company and its executives in the Nigeria bribery case are completely groundless.

about 6 years ago
Sonatrach restarts Skikda LNG plant
Business Developments & Projects

Sonatrach restarts Skikda LNG plant

Algerian state energy firm Sonatrach said it has resumed production from its Skikda LNG export plant following maintenance works that included repairing a damaged turbine. Operations resumed at the Skikda LNG export facility on July 16. Sonatrach said in statement on Tuesday that Algeria’s LNG outpu

about 6 years ago
Kanfer, CGR pair up on LNG bunkering vessels development
Business Developments & Projects

Kanfer, CGR pair up on LNG bunkering vessels development

Norway-based Kanfer Shipping has entered into an exclusive agreement with its compatriot CGR Arctic Marine, to cooperate on LNG bunkering tech.

about 6 years ago
Manatua cable map
Business Developments & Projects

Manatua cable ready for service

The Manatua One Polynesia Cable project has been delivered by SubCom and is now officially ready for service. The announcement is the culmination of three years of planning, design, cable manufacture, and cable laying. Since completing the cable lay in January 2020, the focus has been on commissioni

about 6 years ago
GTT nets order for Chinese LNG tank
Business Developments & Projects

GTT nets order for Chinese LNG tank

France’s GTT said it has won a contract for one onshore tank as part of the Hejian LNG peak shaving plant in the northern Chinese province of Hebei. The LNG containment specialist secured the deal from the plant’s EPC contractor CPECCNC, a unit of China Petroleum Engineering and Construction Corp. T

about 6 years ago
Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?
Business Developments & Projects

Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?

What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.

about 6 years ago
FPSO Petroleo Nautipa; Source: BW Offshore
Business Developments & Projects

Petróleo Nautipa FPSO off Gabon to stay with Vaalco for another year

BW Offshore has received a one-year contract extension for the lease of one of its floating, production storage and offloading (FPSO) vessels.

about 6 years ago
Puget on track for Tacoma LNG launch in 2021
Business Developments & Projects

Puget on track for Tacoma LNG launch in 2021

Puget Energy’s LNG unit still expects to fire up its liquefied natural gas facility in the Port of Tacoma on the US West Coast next year. Washington-based Puget Energy is the parent company of both state energy utility Puget Sound Energy and Puget LNG, which are building the $310 million facility. P

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

Masirah gets green light for Yumna field development plan

Oman’s Ministry of Oil and Gas has approved Masirah Oil’s field development plan (FDP) for the offshore Yumna field.

about 6 years ago
ferry
Business Developments & Projects

Tasmania’s TT-Line scraps deal with Rauma Marine Constructions to build two ferries

Australia’s TT-Line Company has withdrawn from the memorandum of understanding (MOU) with Finnish shipbuilder Rauma Marine Constructions (RMC) for the construction of two ferries.

about 6 years ago
Minerva Gas Plant; Source: Cooper Mitsui
Business Developments & Projects

Cooper Energy and Mitsui commit $55M for Minerva gas plant upgrade

Australia’s Cooper Energy and partner Mitsui Group have committed $55 million to upgrade the idle Minerva gas plant which will allow the supply of 16 petajoules of so far undeveloped gas.

about 6 years ago
ENGIE and EDPR hear the call of Ocean Winds
Business Developments & Projects

ENGIE and EDPR hear the call of Ocean Winds

ENGIE and EDP Renováveis have announced the creation of Ocean Winds (OW), a joint venture equally controlled by both companies in the floating and fixed offshore wind energy sector. Headquartered in Madrid, Spain, the new company will act as the exclusive investment vehicle in offshore wind for both

about 6 years ago
ESA approves Full-Scale CCS project in Norway
Business Developments & Projects

ESA approves Full-Scale CCS project in Norway

EFTA Surveillance Authority (ESA) has approved the Full-Scale Carbon Capture and Storage (CCS) project, representing the a central part of Norway’s efforts to reduce its carbon footprint and meet the European goal of climate-neutrality by 2050. Carbon Capture and Storage (CCS) has been recognised by

about 6 years ago
Illustration; Source: Claxton Aker BP
Business Developments & Projects

Claxton pens master service deal with Aker BP

Claxton, an engineering and services company in subsea services group Acteon, has signed a master service agreement (MSA) with Aker BP.

about 6 years ago
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