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Business Developments & Projects

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‘Founding father’ of Soviet oil industry and Lukoil chairman passes away
Business Developments & Projects

‘Founding father’ of Soviet oil industry and Lukoil chairman passes away

Long-time chairman of Russian oil and gas company Lukoil and “founding father” of the Soviet oil industry has passed away following a long illness.

about 6 years ago
SeaQuest
Business Developments & Projects

SeaQuest secures supervision contract for Finnlines’ zero-emission RoRos

SeaQuest Marine Project Management has been entrusted with the construction supervision job for three zero-emission RoRo newbuilds owed by Finnlines.

about 6 years ago
Scarabeo 9 rig
Business Developments & Projects

Impairments in offshore drilling drag Saipem into the red

Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down by impairments in the Offshore Drilling division.

about 6 years ago
West Phoenix rig
Business Developments & Projects

Neptune comes up dry at Norwegian Sea well

Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea.

about 6 years ago
DNV GL looking to prove value of oil & gas digital twins
Business Developments & Projects

DNV GL looking to prove value of oil & gas digital twins

DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a methodology that could prove whether the data generated by digital twins can be trusted and if the technology is delivering value.

about 6 years ago
Freeport LNG site
Business Developments & Projects

Freeport LNG to launch third train commercial ops

The Freeport LNG export project in Texas led by billionaire Michael Smith is seeking from the US energy regulators to place its third and final train into commercial operation. Freeport LNG said in a letter to the Federal Energy Regulatory Commission it requests authorization to place the third trai

about 6 years ago
Cheniere LNG terminal
Business Developments & Projects

U.S. weekly LNG exports dip

The United States exported fever liquefied natural gas cargoes in the week ending April 22 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 13 LNG cargoes were dispatched from five US terminals between Apr

about 6 years ago
Ofgem
Business Developments & Projects

Ofgem greenlights Shetland subsea link

Ofgem has approved a proposal by SSEN to build a 600MW subsea link from Shetland to mainland Scotland. The link would allow new wind farms on Shetland to export electricity to and also ensure supply on the islands. Ofgem’s approval is also subject to approval of 457MW Viking Energy Wind Farm. Ofgem

about 6 years ago
Cliff Head platform; Source: Triangle Energy
Business Developments & Projects

Triangle Energy finds new drilling prospects near Cliff Head platform

Australia-based Triangle Energy has identified three key opportunities that could be drilled and developed from the existing Cliff Head Alpha platform offshore Western Australia.

about 6 years ago
Tangguh LNG train 3
Business Developments & Projects

Daewoo E&C scores Tangguh LNG gig

South Korea’s Daewoo Engineering & Construction said Thursday it has won a $50 million contract to carry out piping works at the BP-operated Tangguh LNG export facility in Indonesia. The contract is a part of the Tangguh expansion project which includes the addition of a third liquefaction train wit

about 6 years ago
Floatel Victory
Business Developments & Projects

Ineos pushes charter of Floatel unit to 2021

A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021.

about 6 years ago
Equinor slashes quarterly cash dividend by two thirds
Business Developments & Projects

Equinor slashes quarterly cash dividend by two thirds

Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter of 2020, a reduction of 67 per cent compared to the fourth quarter of 2019.

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

Repsol Sinopec expands Petrofac’s scope of support on UK assets

Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinopec Resources UK following an enhancement to its existing contract.

about 6 years ago
Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds
Business Developments & Projects

Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds

Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions.

about 6 years ago
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