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Business Developments & Projects

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Iguana Sea Swift platform; Source: Aquaterra
Business Developments & Projects

Aquaterra to build Trinidad’s second conductor supported platform

Aquaterra Energy, an offshore engineering solutions provider, has been awarded a front end engineering and design (FEED) contract by DeNovo Energy for a second Sea Swift platform to be located in the Zandolie field off Trinidad and Tobago.

about 6 years ago
Maersk Inspirer; Source: Maersk Drilling
Business Developments & Projects

Repsol gets green light for use of Maersk Inspirer rig on Yme

Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Maersk Inspirer jack-up rig on the Yme field offshore Norway.

about 6 years ago
NextDecade delays Rio Grande LNG FID
Business Developments & Projects

NextDecade delays Rio Grande LNG FID

US LNG project developer NextDecade has delayed the financial investment decision on its 27 mtpa Rio Grande LNG project to 2021.

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

Total drops pursuit of Occidental’s Ghana assets

French oil major Total has discontinued the acquisition of Occidental Petroleum’s assets in Ghana and, in doing so, preserved the company’s financial flexibility.

about 6 years ago
Longkou LNG terminal
Business Developments & Projects

PipeChina breaks ground on LNG terminal

State-owned China Oil and Gas Pipeline Network (PipeChina) has started building a liquefied natural gas import terminal in China’s Shandong province. The LNG facility located in coastal city Longkou is the first infrastructure project of PipeChina since its establishment last year. CNOOC transferred

about 6 years ago
hmm algeciras
Business Developments & Projects

Cost-cutting measures, stronger freight rates help HMM narrow loss in first quarter

South Korea’s shipping major HMM closed the first quarter of this year with a significantly narrowed net loss, driven mostly by the company’s cost-reduction measures and high profitability of tanker business.

about 6 years ago
Saad Sherida Al-Kaabi; Source: Qatar Petroleum
Business Developments & Projects

Qatar Petroleum enters two Total blocks off Ivory Coast

State-owned Qatar Petroleum (QP) has entered into an agreement to acquire stakes in Total’s two exploration blocks offshore the Ivory Coast.

about 6 years ago
Siemens Gamesa signs Hornsea Two bank guarantee line
Business Developments & Projects

Siemens Gamesa signs Hornsea Two bank guarantee line

Siemens Gamesa has signed a bank guarantee line for up to EUR 600 million to cover the construction of components for the 1.4 GW Hornsea Two offshore wind farm. Located in the North Sea and owned by Danish utility company Ørsted, the farm will consist of 165 Siemens Gamesa wind turbines. BNP Paribas

about 6 years ago
Canada: IAAC calls for comments on Gazoduq's LNG pipeline project
Business Developments & Projects

Canada: IAAC calls for comments on Gazoduq’s LNG pipeline project

The Impact Assessment Agency of Canada has issued a call for public comments on Gazoduq’s LNG feeder pipeline in Québec.

about 6 years ago
North-Carolina-Issues-Call-for-Offshore-Wind-Supply-Chain-Study
Business Developments & Projects

North Carolina issues call for offshore wind supply chain study

The North Carolina Department of Commerce has issued a Request for Proposals (RFP) to solicit an offshore wind supply chain and infrastructure assessment. The analysis will identify North Carolina’s existing strengths and capabilities relating to the offshore wind sector, and help develop a strategi

about 6 years ago
bulker
Business Developments & Projects

Rand wraps up American Steamship acquisition

Rand Logistics completed the acquisition of American Steamship Company (ASC) from GATX Corporation.

about 6 years ago
Finnish duo to study carbon-neutral biogas production
Business Developments & Projects

Finnish duo to study carbon-neutral biogas production

The Finnish technology group Wärtsilä and its compatriot Vantaa Energy have signed an agreement on a joint concept feasibility study for a power-to-gas facility.

about 6 years ago
Total logo
Business Developments & Projects

Total buys EDP’s assets in Spain

French energy company and LNG player Total has agreed to buy some power and gas assets in Spain from Portugal’s EDP. The deal includes 2.5 million B2C customers and two gas-fired combined cycle power plants, which represent an electricity generation capacity of nearly 850 megawatts, Total said on Mo

about 6 years ago
Equinor bites dust in North Sea well
Business Developments & Projects

Equinor bites dust in North Sea well

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

about 6 years ago
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