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Business Developments & Projects

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Equinor
Business Developments & Projects

Equinor launches maritime climate ambitions

On the UN’s World Oceans Day, energy company Equinor is launching its ambitions for reducing own emissions from ships, detailing how the company will help decarbonise shipping.

about 6 years ago
A photo of a Lamprell yard with jacket foundations being loaded onto a vessel
Business Developments & Projects

Lamprell to manufacture 30 foundations for Seagreen 1 offshore wind farm

Subsea 7’s renewables business unit Seaway 7 has chosen Lamprell for the delivery of 30 foundations for the Seagreen 1 offshore wind farm. Under the contract, yet to be finalised and to be executed on a lump-sum basis, the UAE-based company will manufacture jackets, transition pieces and suction cai

about 6 years ago
Energean Power hull FPSO
Business Developments & Projects

Singapore yard prepares for topside works on Energean FPSO as workforce ramps up

Energean has informed that work restarted on the Energean Power FPSO in the Admiralty Yard, Singapore, on 2 June 2020 and the subsea installation campaign offshore Israel is progressing as planned.

about 6 years ago
DSME
Business Developments & Projects

DSME scores Novatek LNG order

South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order to build liquefied natural gas barges for Russian LNG producer Novatek. Under the deal, Daweoo will build two 360,000-cbm LNG barges for about 901.3 billion won ($748.2 million) with an option for two additional units. The float

about 6 years ago
Saipem and Equinor offshore floating solar project
Business Developments & Projects

Floating solar takes on high seas

Offshore solar energy systems are an emerging application in which photovoltaic (PV) systems are installed directly over bodies of water. Floating solar photovoltaic is a subset of that technology in which PV panels are mounted on buoyant substructures. PV panel technology is similar to traditional

about 6 years ago
Pecan field layout; Source: Aker Energy
Business Developments & Projects

Aker Energy to revive Pecan field development with phased approach

Oil and gas company Aker Energy is looking to revive its Pecan field development offshore Ghana, after terminating its agreement with Yinson for the provision of an FPSO for the project.

about 6 years ago
Jan De Nul starts Formosa 2 construction work
Business Developments & Projects

Jan De Nul starts Formosa 2 construction work

Jan De Nul has kicked off construction works in Taiwan for the 376 MW Formosa 2 offshore wind farm. Nearshore and onshore construction works have started at the landfall site in Miaoli County and Taichung port, Jan De Nul said. Offshore installation works will commence later this year. At the landfa

about 6 years ago
Apache-operated Beryl Alpha platform; Source: EnerMech
Business Developments & Projects

Apache cuts down on offshore inspection hours through digitalisation

Oil and gas company Apache has implemented digital inspection technology to reduce offshore inspection hours on its Beryl Alpha Platform.

about 6 years ago
Cantarell III rig
Business Developments & Projects

Hokchi opts for early termination of drilling contract with Mexico’s Grupo R

Mexico’s Grupo R has received an early termination of a drilling contract with Hokchi Energy due to the current market situation.

about 6 years ago
Andrew platform, one of the assets included in the deal with Premier; Source: BP
Business Developments & Projects

Premier agrees discount in buying BP’s North Sea assets

Oil and gas company Premier Oil has agreed revised terms for the acquisitions of the Andrew Area and Shearwater assets from British oil major BP.

about 6 years ago
Estaleiro Jurong Aracruz; Source: SembMarine
Business Developments & Projects

SembMarine’s Brazilian unit enters $500 million credit facility

A wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank.

about 6 years ago
EMEC aids POM West Flanders’ Blue Accelerator development
Business Developments & Projects

EMEC aids POM West Flanders’ Blue Accelerator development

European Marine Energy Centre (EMEC) has been selected by POM West Flanders to aid the development of the ‘Blue Accelerator’ test platform into an international hub for blue growth. Blue Accelerator is a maritime innovation and development platform, located approximately 500 meters from the eastern

about 6 years ago
A Borr jack-up rig
Business Developments & Projects

Borr delays deliveries of five jack-up rigs as part of financial restructuring

Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.

about 6 years ago
One of the seven PSVs delivered to SEACOSCO; Source: Seacor
Business Developments & Projects

Seacor Marine buys remaining stake in SEACOSCO JV

U.S. offshore support vessel provider Seacor Marine has, through a wholly-owned subsidiary, entered into a definitive sale and purchase agreement to acquire the remaining 50 per cent of the equity interests in SEACOSCO Offshore, that it did not already own from COSCO Shipping.

about 6 years ago
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