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Business Developments & Projects

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Fossil EnergyRigsBusiness & FinanceOil & GasMarket OutlooksOutlook & StrategyProject & TendersClean FuelLNGResearch & DevelopmentOffshore WindWind FarmsFPSO & VesselsInfrastructureVesselsInnovation
Shelf Drilling gets third termination in less than a month
Business Developments & Projects

Shelf Drilling gets third termination in less than a month

Shelf Drilling has entered into a mutual agreement with a customer to shorten the contract for another one of its jack-up drilling rigs operating in the Middle East, which makes it a third early termination for Shelf in less than a month.

about 6 years ago
Low oil price environment not “business as usual” for Otto Energy
Business Developments & Projects

Low oil price environment not “business as usual” for Otto Energy

Australia-based oil and gas company Otto Energy has taken measures to mitigate the effects of the low oil price environment.

about 6 years ago
Triangle awards Cliff Head maintenance job to Upstream PS
Business Developments & Projects

Triangle awards Cliff Head maintenance job to Upstream PS

Upstream PS, a wholly-owned subsidiary of GR Engineering Services, has entered into a three-year contract with Triangle Energy for the provision of operations and maintenance services to the Arrowsmith Stabilisation Plant (ASP) and Cliff Head Alpha offshore platform in Australia.

about 6 years ago
Woodside logo
Business Developments & Projects

Woodside joins Japanese consortium to study hydrogen exports

Australian LNG player Woodside Petroleum has joined a consortium of Japanese companies to study exporting carbon-neutral hydrogen. Woodside has signed a deal with LNG importing giant JERA, Marubeni Corporation and IHI Corporation to undertake the joint study. The study will be examining the large-s

about 6 years ago
Vattenfall not participating in Dutch offshore wind tender due to COVID-19
Business Developments & Projects

Vattenfall not participating in Dutch offshore wind tender due to COVID-19

Swedish energy company Vattenfall has decided not to participate in the tender for the Hollandse Kust (noord) offshore wind farm in the Netherlands, citing uncertainty over the COVID-19 pandemic as the reason. ”In light of the current COVID-19 situation, we have carefully evaluated our risk-reward b

about 6 years ago
Energean and Edison agree to exclude Algerian assets from E&P deal
Business Developments & Projects

Energean and Edison agree to exclude Algerian assets from E&P deal

Energean Oil and Gas and Edison have agreed to exclude Edison E&P’s Algeria assets from the previously agreed acquisition.

about 6 years ago
Energean’s FPSO hull heads to Singapore for topside integration
Business Developments & Projects

Energean’s FPSO hull heads to Singapore for topside integration

A hull for the Energean-owned Energean Power FPSO sailed away from the COSCO yard in China on Thursday, April 3, 2020.

about 6 years ago
Oil price drop pushes Lekoil into cost-cutting mode
Business Developments & Projects

Oil price drop pushes Lekoil into cost-cutting mode

Africa-focused oil and gas company Lekoil has approved the immediate and accelerated implementation of the company’s general and administrative (G&A) cost-reduction measures due to the significant drop in oil prices.

about 6 years ago
Venture Global LNG terminal
Business Developments & Projects

Venture Global moves forward with Calcasieu Pass LNG project

U.S. LNG export project developer Venture Global LNG says it is making headway with its Calcasieu Pass liquefied natural gas export project. The company completed a string test of the first Venture Global Calcasieu Pass mixed refrigerant compression system at Baker Hughes’ testing facility in Massa,

about 6 years ago
Petronas hires second Alam Maritim anchor handler this year
Business Developments & Projects

Petronas hires second Alam Maritim anchor handler this year

Malaysian offshore support vessels and subsea services provider Alam Maritim Resources has been awarded a work order for the provision of anchor handling tug and supply (AHTS) for Petronas Carigali.

about 6 years ago
Cryopeak LNG tanker
Business Developments & Projects

Cryopeak breaks ground on new LNG production facility

Cryopeak LNG Solutions is building a new liquefied natural gas production facility located in Fort Nelson, British Columbia. The facility is expected to be capable of producing up to 90,000 gallons of LNG per day, according to a Cryopeak statement. The facility will be the closest LNG production poi

about 6 years ago
KC LNG bunkering facilities
Business Developments & Projects

KC LNG to build bunkering facilities for Scotland’s CMAL

Scottish ferry owner Caledonian Maritime Assets (CMAL) has ordered two liquefied natural gas bunkering facilities from KC LNG. Denmark-based KC LNG, a Kosan Crisplant’s division under MAKEEN Energy, said in a statement it expects to complete the bunkering facilities in July 2022. The facilities will

about 6 years ago
Innogy enters Taiwanese offshore wind market
Business Developments & Projects

Innogy enters Taiwanese offshore wind market

Essen-based energy company innogy has entered into a strategic partnership with Asia Cement Corporation to jointly develop the 448 MW Chu Feng offshore wind project in Taiwan. The Chu Feng offshore wind farm is located off the northwest coast of Taiwan near Hsinchu City, in the wind-rich Taiwan Stra

about 6 years ago
Photo of Helios Remote Sensing System at sea, awarded DOE's funding in 2017
Business Developments & Projects

US DOE issues $ 20 million offshore wind call

The U.S. Department of Energy (DOE) has called for applications for funding that will support offshore wind technology demonstration and wind resource characterisation projects.

about 6 years ago
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