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Business Developments & Projects

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Maersk Invincible
Business Developments & Projects

Aker BP cleared to use Maersk rig for Hod pilot hole

Aker BP has received consent from the Petroleum Safety Authority to use the Maersk Invincible rig for operations on the Hod field offshore Norway.

about 6 years ago
Equinor-Begins-Public-Consultations-for-UK-Offshore-Wind-Extensions
Business Developments & Projects

Equinor begins public consultations for UK offshore wind extensions

Equinor has launched the community consultation period for the Sheringham Shoal and Dudgeon offshore wind extension projects off the North Norfolk coast in the UK. This first phase will run from 9 July to 20 August, and feedback is sought for the location of the onshore substation, the underground o

about 6 years ago
Illustration; Source: Petrobras
Business Developments & Projects

Report: Petrobras to launch tender for Brazil’s largest-ever FPSO

Brazilian oil company Petrobras will be launching a tender for the construction of Brazil’s biggest floating production storage and offloading (FPSO) vessel.

about 6 years ago
Petrofac
Business Developments & Projects

Petrofac wins $135 million worth job in Kazakhstan

Petrofac has secured an engineering, procurement, construction, pre-commissioning, and commissioning contract in Kazakhstan worth approximately $135 million.

about 6 years ago
Japan's spot LNG prices start to pick up
Business Developments & Projects

Japan’s spot LNG prices start to pick up

Japanese spot LNG cargo prices are showing signs of slight recovery following a record drop in May. The effects of the Covid-19 coronavirus pandemic have weighed down on Japan’s spot LNG prices pushing them to record lows in previous months. The average contract price for spot LNG cargoes shipped to

about 6 years ago
EMEC seeks marine energy development manager
Business Developments & Projects

EMEC seeks marine energy development manager

Wave and tidal energy test facility European Marine Energy Centre (EMEC) is looking for a marine energy development manager. The position should identify, develop and secure opportunities for EMEC to grow its wave, tidal and floating wind projects portfolio. This is a full-time, permanent post, whic

about 6 years ago
BP inks natural gas supply deal with ENN
Business Developments & Projects

BP inks natural gas supply deal with ENN

Energy major BP has signed a natural gas supply agreement with ENN Group (ENN).

about 6 years ago
Vaalco Energy
Business Developments & Projects

Vaalco Energy stock returns to compliance with NYSE standards

Houston-based oil and gas company Vaalco Energy has regained compliance with the NYSE continued listing standards following a listing warning from the end of April 2020.

about 6 years ago
Illustration; Source: Pale Blue Dot Macquarie
Business Developments & Projects

New investors enter Acorn carbon capture and storage project

Pale Blue Dot, the lead developer of the Acorn Carbon Capture and Storage (CCS) project, has conducted a corporate restructuring following a strategic investment by multinational independent investment bank and financial services company Macquarie Group.

about 6 years ago
Oseberg field centre; Source: Equinor Aibel
Business Developments & Projects

Equinor picks Aibel for work on Oseberg fields

Norwegian oil major Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.

about 6 years ago
Watch complex subsea operation of installing Dvalin Xmas trees
Business Developments & Projects

Watch complex subsea operation of installing Dvalin Xmas trees

Wintershall Dea last December installed three Xmas trees on its Dvalin gas development, which has now moved from the drilling phase to the completion phase.

about 6 years ago
ship
Business Developments & Projects

TUI Group wraps up sale of Hapag-Lloyd Cruises

Germany’s tourism group TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture between TUI and Royal Caribbean Group.

about 6 years ago
Petrojarl Knarr FPSO
Business Developments & Projects

Rystad expects no new FPSO contracts in 2020 but sees quick rebound next year

Hit by the second industry downturn in five years, global awards for FPSO vessels will likely be limited to a single unit in 2020, Rystad Energy believes.

about 6 years ago
Illustration; Source: Ocean Yield
Business Developments & Projects

LR: Up to 40 per cent of FPSO maintenance work ‘unnecessary’

As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR).

about 6 years ago
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