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Business Developments & Projects

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Methanol
Business Developments & Projects

Methanol Institute joins China’s study of methanol as marine fuel

The Methanol Institute (MI) has joined a study led by the China Waterborne Transportation Research Institute (CWTRI), the think tank of the Chinese Ministry of Transport, which will consider the technical and operational requirements for the use of methanol as a marine fuel.

about 6 years ago
Gazprom goes into red
Business Developments & Projects

Russia’s Gazprom hit hard in first quarter

Russian gas giant Gazprom posted a net loss in the first quarter of this year mainly due to lower prices and demand in Europe, and a weak rouble. Gazprom reported a net loss of 116.2 billion Russian roubles ($1.6 billion) in the January-March period. This compares to a profit of 535.9 billion rouble

about 6 years ago
Brage platform
Business Developments & Projects

Head Energy wins Brage extension with Wintershall Dea

Head Energy has been awarded an extension of a frame agreement with Wintershall Dea concerning modifications at the Brage platform offshore Norway.

about 6 years ago
Partrac-Backs-Irish-Offshore-Wind-Projects
Business Developments & Projects

Partrac backs Irish offshore wind projects

Partrac has provided metocean survey and consultancy services for three offshore wind projects currently under development in Ireland. Partrac said it had provided scoping and planning of hydrographic and metocean surveys, and the deployment and servicing of floating lidar and metocean measurement e

about 6 years ago
Valaris 115 rig
Business Developments & Projects

Mubadala boosts output capacity at Manora field

Mubadala Petroleum has increased the production capacity on the Manora oil field in the Gulf of Thailand following the completion of the 2020 development drilling and workover program.

about 6 years ago
Kogas, partners to form Korean LNG bunkering JV
Business Developments & Projects

Kogas, partners to form Korean LNG bunkering JV

South Korea’s Kogas and five compatriots are joining forces to set up a LNG bunkering joint venture in the country. The other Korean companies are Busan Port Corp, steel-maker Posco, refiner S-Oil, Daewoo Logistics, and shipper Hyundai Glovis. The partners signed a collaboration deal on Tuesday and

about 6 years ago
Bombora cell module
Business Developments & Projects

Bombora WEC cell module reaches assembly workshop

Bombora’s mWave wave energy converter ‘cell module’ structure has been delivered from the fabrication workshop of Altrad Services to the assembly workshop at Mainstay Marine Solutions. The full-scale ‘cell module’ is part of a Wales-built innovative marine energy solution. The cell module transporte

about 6 years ago
GDG backs Irish gem
Business Developments & Projects

GDG backs Irish gem

Simply Blue Energy (SBE) has appointed the Dublin-based engineering consultancy, Gavin and Doherty Geosolutions (GDG), to provide development support services for the Emerald floating wind project in the Celtic Sea. GDG has been commissioned to provide both technical and consenting support during th

about 6 years ago
Tern-1 well location map
Business Developments & Projects

Santos plans to leave Tern wellhead on site

Santos has filed its environment plan for the abandonment of the Tern-1 wellhead to the Australian offshore regulator and the plan is now under assessment.

about 6 years ago
Transocean Norge;
Business Developments & Projects

Equinor hits minor oil discovery near Vigdis field

Equinor has made a minor oil discovery near the Vigdis field in the North Sea offshore Norway.

about 6 years ago
Kinder Morgan to launch another Elba Island LNG train
Business Developments & Projects

Kinder Morgan to launch another Elba Island LNG train

US energy company Kinder Morgan is to launch another small-scale liquefaction unit at its nearly $2 billion Elba Island LNG plant in Georgia. The company has requested an authorization from US FERC to place into service the eighth Elba Island liquefaction unit on July 13. Elba Island has already six

about 6 years ago
Oil Search flags $400 million impairments
Business Developments & Projects

Oil Search flags $400 million impairments

The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search flagged a $360-$400 million impairment in its interim results.

about 6 years ago
Viking Link construction kicks off
Business Developments & Projects

Viking Link construction kicks off

The construction phase of the Viking Link Interconnector project between the UK and Denmark has commenced. Siemens is mobilizing to start the construction of a 2.4-kilometre long access road for the Bicker Fen converter station site. Siemens Energy is in charge of the UK and Denmark converter statio

about 6 years ago
KBR no longer interested in Goldboro LNG EPC contract
Business Developments & Projects

KBR no longer interested in Goldboro LNG EPC contract

US engineering company KBR is not interested to conclude a fixed price contract to build Canada’s Goldboro LNG facility, according to the project developer Pieridae. Pieridae said on Monday it received a notice from KBR saying the firm was “no longer prepared to negotiate and conclude the contract”.

about 6 years ago
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