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Business Developments & Projects

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French floating wind project secures EIB financing
Business Developments & Projects

French floating wind project secures EIB financing

The European Investment Bank (EIB) has approved an undisclosed sum to finance the development of the 30 MW Golfe du Lion floating wind project offshore France. The demonstration floating wind farm will feature three V164 MHI Vestas 10 MW wind turbines supported by Principle Power’s WindFloat semi-su

about 6 years ago
Wärtsilä regas modules for China's first FSRU
Business Developments & Projects

Wärtsilä regas modules for China’s first FSRU

The Finnish technology group Wärtsilä has recently managed and completed the delivery of regasification modules for China’s first newbuild LNG FSRU.

about 6 years ago
P-75 FPSO operating on the Buzios field
Business Developments & Projects

Petrobras hits two new oil discoveries offshore Brazil

Petrobras has made two new oil discoveries in Brazil’s offshore waters.

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

Petrofac scoops more work with BP

Oilfield services provider Petrofac has won a three-year extension to its existing maintenance contract with oil major BP.

about 6 years ago
LNG Canada terminal
Business Developments & Projects

South Korean bank to provide loan for LNG Canada pipeline

South Korea’s KB Kookmin Bank will lend 240 million Canadian dollars ($171 million) for the construction of a pipeline that will supply gas to the Shell-led LNG Canada project. KB Kookmin Bank said in a statement that it is the only South Korean lender taking part in the Coastal GasLink project fund

about 6 years ago
Odfjell Terminals Dalian
Business Developments & Projects

Odfjell sell stake in Dalian terminal to VTTI

Odfjell Terminals (China) Pte. Ltd. (OTC) has completed the sale of its 50 per cent interest in a chemicals storage terminal in the Port of Dalian to VTTI Terminals, a subsidiary of the Netherlands-based VTTI group.

about 6 years ago
WilPhoenix rig
Business Developments & Projects

Serica seals the deal for Awilco rig

Serica Energy and drilling contractor Awilco have signed a contract for the provision of WilPhoenix rig for one-well workover on the Rhum field located off the UK.

about 6 years ago
Beach Energy's T/30P permit map
Business Developments & Projects

Offshore regulator starts assessing Beach Energy’s survey plan

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an assessment of Beach Energy’s proposed T/30P geophysical and geotechnical seabed survey offshore Australia.

about 6 years ago
OPIN and MEA
Business Developments & Projects

OPIN and MEA team up on ORE standards

The Ocean Power Innovation Network (OPIN) project and Marine Energy Alliance (MEA) are staging a webinar on standardisation and certification for offshore renewables. The event will be held on 19 May 2020 from 10 to 11:30 am CEST. Standards and associated certification schemes can support the develo

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

NextDecade to decide on Texas LNG project this year

US company NextDecade said it still plans to decide on its proposed Rio Grande LNG export plant in Texas this year following reports that the decision could be affected by the Covid-19 coronavirus pandemic. Reuters reported on Monday citing a NextDecade spokeswoman that the company did not provide a

about 6 years ago
Magnolia LNG project
Business Developments & Projects

LNG Limited to sell Magnolia project for $2.25 million

Cash-strapped LNG Limited is selling its proposed Magnolia liquefied natural gas export project to UK-based privately held company Global Energy Megatrend. The $2.25 million-worth transaction, scheduled to close on Friday, includes the Louisiana LNG export project and its 16 employees. The deal also

about 6 years ago
Island Innovator; Source: Island Offshore
Business Developments & Projects

Green light for OMV to use Island Innovator rig in Norwegian Sea

Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.

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

Demand for remote offshore rigs inspections skyrockets due to COVID-19

Classification society Bureau Veritas (BV), a world leader in testing, inspection and certification services, has noted a 900 per cent rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic.

about 6 years ago
Harvey Gulf extends deals for LNG PSV pair
Business Developments & Projects

Harvey Gulf extends deals for LNG PSV pair

Harvey Gulf International Marine, the New Orleans-based LNG-powered PSV owner and LNG bunkering pioneer, secured contract extensions for a pair of its vessels.

about 6 years ago
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