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Business Developments & Projects

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Authorities & GovernmentBusiness & FinanceExploration & ProductionRegulation & PolicyEquipmentProject & TendersTechnologyVesselsVisionCollaborationOutlook & StrategyResearch & DevelopmentTransitionCertification & ClassificationInfrastructureCarbon Capture Usage & StorageEnvironmentInnovationStorageGreen MarinePorts & LogisticsMarket Outlooks
N05-A platform of ONE-Dyas; one of the few new gas projects in the Netherlands; Source: Element NL
Business Developments & Projects

North Sea gas key to stave off energy crisis as shortfalls loom, Element NL says

Element NL, an association of 12 oil and gas companies with a permit to explore or extract natural gas, is rolling up its sleeves, together with the Dutch Ministry of Climate and Green Growth and EBN, to enhance the permitting process to boost gas production in the North Sea against the backdrop of

about 1 year ago
Jan De Nul Group has implemented the use of Wirescan Digital, a real-time subsea cable monitoring system, to its entire cable-laying fleet.
Business Developments & Projects
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Jan De Nul adopts real-time cable monitoring tech across fleet

Jan De Nul Group has decided to implemented the use of Wirescan Digital, a real-time subsea cable monitoring system, to its entire cable-laying fleet. The technology, developed by Wirescan AS, enables the continuous monitoring of cable integrity from the factory through handling and installation. “W

about 1 year ago
Subsea mooring installation call keeps DOF vessel offshore Australia
Business Developments & Projects

Subsea mooring installation call keeps DOF vessel offshore Australia

Norwegian vessel owner DOF Group is staying with its multi-purpose vessel Skandi Hercules in the Asia-Pacific (APAC) region to perform subsea mooring installation services. The new substantial contract, worth between $25 million and $50 million, will see Skandi Hercules provide related moorings and

about 1 year ago
Dover is a subsea tie-back to Appomattox, a Shell-operated production hub in the U.S. Gulf; Source: Shell
Business Developments & Projects

Shell brings more US barrels to market by kick-starting Gulf of America oil project

Shell has flipped the production switch on at its subsea tie-back oil project in the Gulf of America (GoA), formerly the U.S. Gulf of Mexico (GoM).

about 1 year ago
India
Business Developments & Projects

Sembcorp and BPCL to collaborate on renewable energy and hydrogen projects in India

Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Limited (BPCL) have entered into a joint venture (JV) agreement to explore renewable energy and green hydrogen projects across India.

about 1 year ago
LDA SOV hydrogen
Business Developments & Projects

LDA’s liquid hydrogen-based SOV concept gets Bureau Veritas approval

Louis Dreyfus Armateurs (LDA) has received an Approval in Principle (AiP) from Bureau Veritas for its full liquid hydrogen-based service operation vessel (SOV).

about 1 year ago
Valaris 123 rig; Source: Porthos
Business Developments & Projects

WATCH: Valaris rig goes to play its role in North Sea gas asset’s rebirth as EU’s CCS playground

Valaris’ rig has come to the North Sea to help a gas field and its infrastructure to get a new lease on life off the coast of the Netherlands as the first CO2 transport and storage project in the European Union (EU).

about 1 year ago
UK's first CO2 injection test 'meets expectations' as it crosses finish line
Business Developments & Projects

Flying colors as UK’s first CO2 injection test crosses finish line

A joint venture of Perenco UK, Carbon Catalyst and Harbour Energy has concluded the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is deemed the UK’s largest depleted gas field. The test started in February and inc

about 1 year ago
CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US
Business Developments & Projects

CF Industries, JERA and Mitsui partner on $4 billion ammonia project in US

U.S. ammonia producer CF Industries has joined forces with Japanese giants JERA and Mitsui & Co. on a $4 billion low-carbon ammonia project in Louisiana, U.S.

about 1 year ago
FPSO Cidade de Paraty; Source: SBM Offshore
Business Developments & Projects

SBM Offshore’s $400M FPSO deal opens doors to ‘innovative’ financing avenues

SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.

about 1 year ago
Grimaldi pours $1.3 billion into new methanol-ready Ro-Pax fleet
Business Developments & Projects

Grimaldi pours $1.3 billion into new methanol-ready Ro-Pax fleet

Italian shipping group Grimaldi has placed a $1.3 billion order for nine methanol-ready Roll-On/Roll-Off Passenger (Ro-Pax) vessels at China Merchants Jingling Shipyard (Weihai) as part of its fleet expansion and renewal agenda.

about 1 year ago
MSC’s cruise division officially opens new sustainable terminal in Barcelona
Business Developments & Projects

MSC’s cruise division officially opens new sustainable terminal in Barcelona

The cruise division of Switzerland-based shipping major MSC Group has officially inaugurated the new MSC Barcelona terminal in Spain, with EXPLORA II, the second ship from luxury lifestyle ocean travel brand Explora Journeys, making the first call.

about 1 year ago
Illustration; Source: Rystad Energy
Business Developments & Projects

Tight budgets and shrinking pool of oil & gas prospects reshape search for more hydrocarbons

Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.

about 1 year ago
A large vessel at sea
Business Developments & Projects

GMS finds work for jackup barge in Arab Gulf region

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, has secured a contract for one of its large‐class vessels in the Gulf Cooperation Council (GCC).

about 1 year ago