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Business Developments & Projects

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Rystad: Oil price drop to slash African state budgets
Business Developments & Projects

Rystad: Oil price drop to slash African state budgets

Africa’s expected production is set to decline for most of this decade and energy-reliant state budgets to take significant hits, as top planned oil and gas projects were expecting sanctioning under an oil price assumption of between $55-$60 per barrel, according to energy intelligence firm Rystad E

about 6 years ago
Gastrade LNG FSRU
Business Developments & Projects

“Satisfactory” capacity interest in Greek offshore LNG terminal

Gastrade of Greece, the developer of a planned offshore liquefied natural gas import facility at Alexandroupolis, said Thursday that gas firms have submitted “satisfactory” binding bids to reserve regasification capacity at the facility. Key gas market players in Greece and southeast Europe, as well

about 6 years ago
Shipbreaking
Business Developments & Projects

Ship recycling in Pakistan and India in limbo

The coronavirus pandemic has practically paralysed the ship demolition market in South Asia as lockdown measures continue to be introduced across the subcontinent. Pakistan suspended all beaching and boarding of vessels at Gadani ship recycling yards last week for four weeks. All ship recyclers have

about 6 years ago
Global Maritime joins Hywind Tampen floating wind project
Business Developments & Projects

Global Maritime joins Hywind Tampen floating wind project

Equinor has awarded the offshore and engineering consultancy, Global Maritime, with a contract to provide Marine Warranty Survey services for the Hywind Tampen floating offshore wind project in the Norwegian North Sea. The project is still awaiting PUD approval but the intention is to start soon wit

about 6 years ago
Vincent Clerc
Business Developments & Projects

Clerc: 85 % of Maersk’s global office-based staff work from home

The number of Maersk employees working from home has increased considerably amid lockdown measures implemented across Europe and Asia to contain the coronavirus pandemic. “I am proud to experience how this transition has been managed rapidly by our teams without any major impact on our ability to ke

about 6 years ago
MAN to build liquefied methane terminal in Oxelösund, Sweden
Business Developments & Projects

MAN to build liquefied methane terminal in Oxelösund, Sweden

MAN Cryo, a MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer, has been contracted to develop a liquefied methane terminal in Oxelösund, Sweden.

about 6 years ago
Woodfibre LNG plant site
Business Developments & Projects

Canada’s Woodfibre LNG pushes back construction start

The developers behind the Woodfibre liquefied natural gas (LNG) export project on Canada’s West Coast are pushing back the start of construction. Woodfibre LNG, owned by Pacific Oil & Gas, planned to start construction on a 2.1 million metric tonnes per annum LNG terminal and associated facilities t

about 6 years ago
NV5 secures LNG deals with Eastern US natural gas utilities
Business Developments & Projects

NV5 secures LNG deals with Eastern US natural gas utilities

Florida-based NV5 Global, the provider of professional and technical engineering and consulting solutions, secured LNG jobs worth $8 million with two Eastern U.S. natural gas utilities.

about 6 years ago
Vaalco wraps up drilling campaign offshore Gabon
Business Developments & Projects

Vaalco wraps up drilling campaign offshore Gabon

Vaalco has completed its 2019/2020 drilling campaign in the Etame Marin permit offshore Gabon, which included three development wells and two appraisal wells that confirmed additional resources.

about 6 years ago
Oceaneering bags FLNG job from Golar
Business Developments & Projects

Oceaneering bags FLNG job from Golar

Offshore services provider Oceaneering International has been contracted by Golar LNG to provide FLNG maintenance and inspection program.

about 6 years ago
ITPEnergised joins OWC on Erebus project
Business Developments & Projects

ITPEnergised joins OWC on Erebus project

ITPEnergised will support Offshore Wind Consultants (OWC) on the Erebus 96 MW floating wind project in the Celtic Sea, the UK-based consultancy company informed via social media on 25 March. ITPEnergised will provide environmental, consenting and electrical engineering support to OWC. “Working for t

about 6 years ago
Coronavirus spread pushes Bahamas well drilling to October
Business Developments & Projects

Coronavirus spread pushes Bahamas well drilling to October

London-listed oil company Bahamas Petroleum Company (BPC) has further pushed back the drilling of its first exploration well in The Bahamas, the Perseverance #1.

about 6 years ago
Hapag-Lloyd
Business Developments & Projects

COVID-19: Hapag-Lloyd adds 100,000 TEU of capacity to keep goods moving

Hapag-Lloyd has on-hired over 100,000 TEU of additional equipment across the globe to keep the supply chain flowing.

about 6 years ago
LNG Canada logo
Business Developments & Projects

LNG Canada reduces workforce due to COVID-19

LNG Canada, the Shell-led multibillion-dollar project, has temporarily reduced the number of workers at its site in Kitimat by about 50 percent to help reduce the spread of the COVID-19 virus. According to a statement by LNG Canada, only personnel working on essential activities will be working at t

about 6 years ago
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