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Business Developments & Projects

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FPSO Bonga (for illustration purposes); Source: Akselos
Business Developments & Projects

ABS and Swiss firm making inroads in FPSO structural digital twin tech

Akselos and the American Bureau of Shipping (ABS), a classification society, have strengthened their ties by wrapping up a technical assessment for structural digital twin technology to bolster safety and minimize downtime for floating production storage and offloading (FPSO) units.

about 1 year ago
Several men standing in line
Business Developments & Projects

BP scaling up Indian talent hub to drive upstream and low-carbon growth

UK-headquartered energy giant BP has selected Quest Global, a global product engineering services company, to establish a dedicated talent center in India’s Bengaluru to help support the former’s global operations.

about 1 year ago
GTT acquires maritime digitalization specialist in €194 million deal
Business Developments & Projects

GTT acquires maritime digitalization specialist in €194 million deal

French technological containment specialist Gaztransport & Technigaz (GTT) has entered into an agreement to acquire maritime data collection and analytics firm Danelec in a transaction worth €194 million.

about 1 year ago
Stena-DrillMAX drillship will drill the Macaw-1 well in Block 64; Source: Staatsolie
Business Developments & Projects

TotalEnergies days away from drilling ops with Stena drillship offshore Suriname

TotalEnergies is getting ready to embark on drilling activities off the coast of Suriname with a drillship owned by Stena Drilling, an offshore drilling contractor.

about 1 year ago
Rendering of Commonwealth LNG; Source: Commonwealth LNG
Business Developments & Projects

20-year gas offtake deal lands on Commonwealth LNG’s booking sheet

Kimmeridge Texas Gas (KTG), an affiliate of the energy-focused alternative investment manager Kimmeridge, has won a new multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) for its LNG export terminal currently under development on the west bank of the Calcasieu Ship Channel at t

about 1 year ago
Girassol field; Source: TotalEnergies
Business Developments & Projects

WATCH: Kraken Robotics’ affiliate done with work on TotalEnergies’ oil field offshore Angola

3D at Depth, a subsidiary of Kraken Robotics, has tucked its 1,000th subsea metrology under its belt, thanks to an assignment on a life extension project off the coast of Angola, West Africa, which is operated by TotalEnergies EP Angola, a subsidiary of France’s energy giant TotalEnergies.

about 1 year ago
AD Ports
Business Developments & Projects

Combining industry, maritime transport and logistics, UAE and Egypt to develop East Port Said Industrial Zone

UAE-based port operator AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE) have signed a 50-year renewable usufruct agreement to develop and operate a 20-square-kilometer industrial and logistics park near the Egyptian coastal city of Port Said on the Mediterranean Sea.

about 1 year ago
Northern Lights; Source: Northern Lights JV
Business Developments & Projects

Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project

Aker Solutions has hired Multiconsult Norge to supply qualified personnel on a hire-in basis to work as an integral part of its project team, representing the civil disciplines, for the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project.

about 1 year ago
Pipes on a large vessel
Business Developments & Projects

Eco closing in on Orange Basin block operatorship

AIM-listed and Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas is drawing closer to finalizing the acquisition of a stake, allowing it to become the operator of an exploration block in the Orange Basin offshore South Africa.

about 1 year ago
Port Esbjerg expands its capacity, unlocks opportunities in energy sector
Business Developments & Projects

Port Esbjerg expands its capacity, unlocks opportunities in energy sector

The fairway to Denmark’s Port Esbjerg has been fully deepened, enabling access for larger vessels, greater cargo volumes and new strategic opportunities in the energy and defense sectors.

about 1 year ago
NKT's power cable factory in Karlskrona; Source: NKT
Business Developments & Projects

NKT’s 200-meter-long power cable extrusion tower gets its name

NKT has disclosed the name of its third cable extrusion tower, which is being built at its high-voltage power cable factory in Karlskrona, Sweden.

about 1 year ago
Panama Canal
Business Developments & Projects

Panama Maritime Authority debuts electronic ship registry system

Seeking to “modernize” its operations further, the Panama Maritime Authority (PMA) has rolled out the first phase of its Electronic Vessel Registry (REN) system. As disclosed, one of the main goals of REN will be to unify the management systems of the General Directorate of the Merchant Marine (DGMM

about 1 year ago
Mahogany A platform (illustration); Source: Energy Chamber of Trinidad and Tobago
Business Developments & Projects

SLB confirms OneSubsea and Subsea7’s Caribbean gig to breathe life into BP’s gas project

BP has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle work related to bringing its natural gas subsea development project off the coast of Trinidad and Tobago to life.

about 1 year ago
India's first offshore decommissioning project has been brought to an end at the Tapti fields; Source: Shell
Business Developments & Projects

Shell, Reliance, and ONGC cheer end of India’s first oil & gas offshore decom project

A joint venture, consisting of Shell (through BGEPIL), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation (ONGC), has wrapped up work on what is said to be India’s first offshore facilities decommissioning project.

about 1 year ago
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