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Business Developments & Projects

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LNG carrier Seri Cempaka
Business Developments & Projects

Malaysia’s MISC appoints ex-minister as chairman

Malaysian liquefied natural gas shipping firm MISC has appointed former minister Tan Sri Noh Omar as its new chairman. Noh takes over as chairman from Datuk Ab Halim Mohyiddin who remains as an independent and non-executive director of the shipping company. The appointment of 62-year-old Noh is effe

about 6 years ago
FPSO Ichthys Venturer moored
Business Developments & Projects

More oil and gas assets up for grabs due to Covid-19, Rystad says

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.

about 6 years ago
An image showing a wind turbine nacelle with Greenalia logo
Business Developments & Projects

Gran Canaria floating wind farm plans put into motion

Spanish independent power producer focused on renewable energy, Greenalia, has submitted a planning application for what could be the first floating offshore wind farm off the island of Gran Canaria. The company filed its project and environmental documentation for a 50 MW project, named Parque Eóli

about 6 years ago
DeltaOE holds LNG-to-power project talks with Vietnamese government
Business Developments & Projects

DeltaOE holds LNG-to-power project talks with Vietnamese government

The Singapore-registered project development company, Delta Offshore Energy, has taken further steps in the development of its Bac lieu LNG-to-power project in Vietnam.

about 6 years ago
Location of Block 29/11; Source: Empyrean
Business Developments & Projects

CNOOC grants extension to Empyrean for Chinese block exploration

Oil and gas development company Empyrean Energy has been granted a twelve-month extension for the first phase of the exploration period on Block 29/11, offshore China.

about 6 years ago
containers
Business Developments & Projects

Abu Dhabi Ports creates new feeder services company

UAE-based port operator Abu Dhabi Ports has established a new feeder services company, Safeen Feeders, as part of its strategy to facilitate growing trade demands within the Gulf region.

about 6 years ago
Siemens SGT-300 gas turbine
Business Developments & Projects

Siemens to power Petronas gas field development off Malaysia

Siemens Gas and Power said it has won a contract to supply equipment for the Petronas-operated Kasawari gas field development in the South China Sea, offshore Sarawak in Malaysia. Under the deal, the unit of German industrial conglomerate Siemens will provide three SGT-300 industrial gas turbine gen

about 6 years ago
Dunkirk LNG terminal
Business Developments & Projects

France’s Dunkirk LNG launches truck loading facility

France’s Dunkirk liquefied natural gas import terminal is now offering truck loading services following the start of operations at its newly built loading bay. The LNG truck loading bay entered into service on June 1 and offers a loading capacity of 3,000 slots per year. Dunkerque LNG, which operate

about 6 years ago
Source: Cyberhawk
Business Developments & Projects

Drones flying off into brighter offshore future

With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.

about 6 years ago
Idku LNG plant
Business Developments & Projects

Svitzer secures Egypt LNG contract extension

Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one p

about 6 years ago
Safe Notos
Business Developments & Projects

Prosafe gets relief from lenders while working on long-term plan

Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution.

about 6 years ago
EU
Business Developments & Projects

EU approves Finnish aid scheme to support maritime firms hit by coronavirus

The European Commission has approved a €600 million (about $671 million) Finnish guarantee scheme to support the maritime companies in the context of the coronavirus outbreak.

about 6 years ago
Kjetil Ramstad; Source: Solstad Offshore
Business Developments & Projects

Solstad Offshore promotes finance director to CFO role

Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO).

about 6 years ago
Following the launch of the Fécamp offshore wind project, EDF Renewables, Enbridge, and wpd have revealed the Tier 1 suppliers for the 500 MW French offshore wind farm.
Business Developments & Projects

Fécamp Tier 1 team revealed

Following the launch of the Fécamp offshore wind project, EDF Renewables, Enbridge, and wpd have revealed the Tier 1 suppliers for the 500 MW French offshore wind farm. Siemens Gamesa will provide 71 SWT-7.0-154 offshore wind turbines, each with a capacity of 7 MW. The contract also includes a 15-ye

about 6 years ago
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