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Business Developments & Projects

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Seagreen-2-and-3-Get-New-Names
Business Developments & Projects

Seagreen 2 and 3 offshore wind projects get new names

SSE Renewables is renaming its Seagreen 2 and 3 offshore wind projects to Berwick Bank wind farm and Marr Bank wind farm, respectively. The move to rename the projects is to distinguish the two standalone offshore wind farms from the neighboring Seagreen 1 project, SSE said. According to the company

about 6 years ago
One of Perisai rigs; Source: Perisai Petroleum Icon
Business Developments & Projects

Icon Offshore in talks with Perisai to buy jack-up rig

Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig.

about 6 years ago
CorPower targets Portugal waves
Business Developments & Projects

CorPower targets Portugal waves

CorPower is establishing a €16-million R&D, manufacturing & service centre for wave energy converters in Viana do Castelo, Portugal. The location will support CorPower’s flagship demonstration project HiWave-5. It will also support long-term development of supply and service capacity for commercial

about 6 years ago
Source: TSG Marine
Business Developments & Projects

TSG Marine to bring COVID-19 fast screening, sanitation system offshore

Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.

about 6 years ago
Krk LNG construction works
Business Developments & Projects

PowerGlobe in search for LNG carrier to support Croatia deal

Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no

about 6 years ago
IMO
Business Developments & Projects

UMAS, EDF: IMO needs to have ‘right rules’ for alternative fuels to truly drive shipping’s decarbonisation

The international shipping industry will fail to tackle its global greenhouse gas (GHG) emissions unless it puts in place rules that truly reflect the climate impact of shipping fuels, a new report finds.

about 6 years ago
HydraWell Tom Leeson
Business Developments & Projects

HydraWell and Exedra in well abandonment alliance

Norway-based well integrity specialist HydraWell has teamed up with fellow compatriot Exedra. The two companies will join forces with aim to bring new solution for the well abandonment and side-tracking markets. Initial focus will lie on the Norwegian market. The emphasis will be on novel methods of

about 6 years ago
Eni CEO Claudio Descalzi; Source: Eni
Business Developments & Projects

Eni to take up $4 billion impairment hit due to lower oil price outlook

Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.

about 6 years ago
Wärtsilä develops compact BOG reliquefaction system
Business Developments & Projects

Wärtsilä develops compact BOG reliquefaction system

The Finnish technology group Wärtsilä has unveiled its reliquefaction system designed to reliquefy boil-off gas (BOG) onboard gas carriers and LNG bunker vessels.

about 6 years ago
The Deepsea Atlantic drilling rig.
Business Developments & Projects

Equinor picks Odfjell rig for another phase of Sverdrup drilling

Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.

about 6 years ago
Mardi Gras
Business Developments & Projects

Carnival: Delivery of North America’s 1st LNG-fueled cruise ship further postponed due to COVID-19

Carnival Cruise Line, part of Carnival Corp., said that delivery of Mardi Gras, North America’s first LNG-powered cruise ship, will be postponed again as a result of challenges posed by the coronavirus pandemic.

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

Yinson reveals settlement amount for cancelled $1B FPSO deal

Malaysian FPSO provider Yinson has revealed the amount of the settlement with PetroVietnam regarding the 2019 termination of a $1 billion FPSO charter contract.

about 6 years ago
Irish-Reveal-1-GW-Floating-Offshore-Wind-Project
Business Developments & Projects

Irish reveal 1 GW floating offshore wind project

Simply Blue Energy has submitted an application to the Irish Department of Housing, Local Government & Heritage to carry out site investigations for a potential floating offshore wind project off Kinsale. The Emerald project, which would use Principle Power’s WindFloat floating foundations, is expec

about 6 years ago
New Fortress Energy terminates Centrica LNG deal
Business Developments & Projects

New Fortress Energy terminates Centrica LNG deal

New York City-based New Fortress Energy has terminated its liquefied natural gas (LNG) supply agreement with Centrica LNG Company.

about 6 years ago
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