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Business Developments & Projects

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B.Grimm Power
Business Developments & Projects

Thailand approves another LNG import licence

Thailand’s energy regulator has approved another liquefied natural gas import licence as the country is stepping up efforts in liberalising its gas and LNG markets. The Energy Regulatory Commission said in a statement it granted an LNG import licence on Wednesday to a subsidiary of B.Grimm Power. Th

about 6 years ago
Iraq Crude Oil Export Expansion Project; Source: Petrofac
Business Developments & Projects

Petrofac wins extension for work on Iraq’s crude oil export project

Oilfield services provider Petrofac has secured a further six-month contract extension with the Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Project (ICOEEP).

about 6 years ago
Siem Garnet by Alan Jamieson
Business Developments & Projects

Siem Offshore gets breathing room after standstill deal with lenders

Siem Offshore has found a way to improve its cash flow and liquidity to be able to operate in a challenging offshore market.

about 6 years ago
TradeLens
Business Developments & Projects

DP World to accelerate digitisation of global trade with TradeLens blockchain platform

Dubai-based terminal operator DP World has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM.

about 6 years ago
First wind turbine standing installed at Borssele III & IV site
Business Developments & Projects

First Borssele III & IV wind turbine installed

The first of 77 MHI Vestas 9.5 MW wind turbines is now standing tall at its designated location at the Borssele III & IV offshore wind site in the Dutch part of the North Sea. The load-out of the first batch of wind turbine components onto Van Oord’s installation vessel Aeolus started on 24 May. The

about 6 years ago
Hawaiki, ASH and ASTCA form new alliance
Business Developments & Projects

Hawaiki, ASH and ASTCA form new alliance

Hawaiki Submarine Cable, American Samoa Telecommunications Authority (ASTCA) and American Samoa Hawaii Cable (ASH) have formed a three-way alliance dedicated to boosting capacity linking Pacific territories and nations to Hawaii and the US mainland. The multi-million dollar deal brings three operato

about 6 years ago
Barossa field
Business Developments & Projects

ConocoPhillips closes sale of northern Australia assets to Santos

ConocoPhillips has completed the sale of its subsidiaries that hold its northern Australia and Timor-Leste assets and operations to Santos.

about 6 years ago
RWE-and-Kyuden-Mirai-Unite-for-Japanese-Offshore-Wind-Project
Business Developments & Projects

RWE and Kyuden Mirai unite for Japanese offshore wind project

RWE Renewables Japan G.K. and Kyuden Mirai Energy have signed a Joint Bidding Agreement to enter into a full-scale feasibility study for the offshore wind project planned off the coast of Yurihonjo City, Akita Prefecture in Japan. E.ON, whose renewables business RWE acquired last year, and Japan’s K

about 6 years ago
Apache’s Beryl Alpha platform in the North Sea; Source: Apache
Business Developments & Projects

Apache stock to become exclusive to Nasdaq

Houston-based oil and gas company Apache Corporation has chosen to list its common stock solely on the Nasdaq Stock Market beginning 9 June 2020.

about 6 years ago
Hoegh LNG vessels
Business Developments & Projects

Hoegh LNG logs quarterly net loss

Norway-based Hoegh LNG recorded a net loss in the first quarter saying it had a limited impact on its operations from the Covid-19 coronavirus pandemic. Höegh LNG posted a net loss of $1 million for the first quarter this year, compared to a profit of 4.5 million in the same quarter a year ago and [

about 6 years ago
Gjøa; Source: Neptune
Business Developments & Projects

Neptune pushes back several project start-up dates despite ‘strong quarter’

Despite the challenges of COVID-19 and weaker commodity prices, Neptune had a strong first quarter but still decided to push back several project start dates to smoothen investments through 2020-2022.

about 6 years ago
COP appoints Changfang and Xidao CEO
Business Developments & Projects

COP appoints Changfang and Xidao CEO

Copenhagen Offshore Partners (COP) has appointed Dennis Sanou as Chief Executive Officer (CEO) for the Changfang and Xidao offshore wind projects in Taiwan. Sanou will be the projects’ CEO during the construction phase. He will lead a specialist offshore wind team comprising 70 people in Taipei cove

about 6 years ago
Maersk Venturer drillship
Business Developments & Projects

Continued scrapping of rigs needed to balance demand and supply, Maersk Drilling says

Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance between rig demand and supply.

about 6 years ago
Island Innovator
Business Developments & Projects

OMV ready to drill Norwegian Sea well after getting green light from regulators

OMV is ready to drill an appraisal well in the Norwegian Sea following an offshore safety approval for the use of a rig and the receipt of a drilling permit from Norwegian authorities.

about 6 years ago
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