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Business Developments & Projects

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An offshore platform
Business Developments & Projects

UK firm broadens US presence with deepwater assets buy

London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90

about 1 year ago
SRC looking to expand global reach with new partner on board
Business Developments & Projects

SRC looking to expand global reach with new partner on board

Marine and offshore solutions provider SRC Group has formed a partnership with Singapore-based engineering company SLR Synergies to expand its global footprint.

about 1 year ago
Described as China’s first pile-based offshore solar-fishery project, the Jimo offshore photovoltaic (PV) project is moving toward grid connection, with its first phase slated for completion in April.
Business Developments & Projects

‘China’s first’ pile-based offshore photovoltaic fishery project nears grid connection

Described by Huasun Energy as “China’s first” pile-based offshore solar fishery project, the Jimo offshore photovoltaic (PV) project is moving toward grid connection, with its first phase slated for completion in April. Developed by PowerChina New Energy Group, the 1.15 GW project integrates solar e

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business Developments & Projects

Brazilian FPSO on track to change hands by month end

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

about 1 year ago
Bridge leading to an offshore platform
Business Developments & Projects

Indian player wins ‘landmark’ contract for giant field off Qatar

Larsen & Toubro (L&T), an Indian multinational enterprise engaged in engineering, procurement, and construction (EPC), has won a contract with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy.

about 1 year ago
C2X nets $100 million investment to step up green methanol game
Business Developments & Projects

C2X nets $100 million investment to step up green methanol game

ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.

about 1 year ago
Stena Line
Business Developments & Projects

A sneak peek at tomorrow’s vessels: Stena Line presents wind-powered, hybrid RoRo concept

Swedish ferry company Stena Line has unveiled a new wind-powered hybrid, several fuels-capable vessel concept that can reduce energy usage by 20 percent or more.

about 1 year ago
TGS' new Gulf of America data acquisition to help better decision-making for oil & gas operators
Business Developments & Projects

TGS’ new Gulf of America data acquisition to help better decision-making for oil & gas operators

Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen

about 1 year ago
An offshore platform
Business Developments & Projects

Petrofac’s year off to a ‘great’ start with $500M worth of contracts in the bag

The Asset Solutions division of the UK-headquartered oilfield services provider Petrofac has won multiple scope expansion and new contracts across several continents.

about 1 year ago
New York
Business Developments & Projects

New York takes first step in ferry fleet renewable diesel overhaul

As part of a plan to slash greenhouse gas (GHG) emissions from the New York City ferry service, the state’s Department of Citywide Administrative Services (DCAS) has awarded the first tender to purchase renewable diesel for its ferries. As disclosed, the tender is part of a plan announced in October

about 1 year ago
Akcakoca platform; Source: Trillion Energy
Business Developments & Projects

Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.

about 1 year ago
NYK, partners to work on renewable energy-powered offshore floating data center
Business Developments & Projects

NYK, partners to work on renewable energy-powered offshore floating data center

Japanese shipping player NYK and its partners have signed a memorandum of understanding (MoU) to develop an offshore floating data center powered by 100% renewable energy.

about 1 year ago
Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)
Business Developments & Projects

Orkney’s marine renewables campus moves to HIE ownership

Highlands and Islands Enterprise (HIE) has taken full ownership of the Orkney Research and Innovation Campus (ORIC) in Stromness, Scotland, following the transfer of Orkney Islands Council’s (OIC) share in the joint venture (JV). According to HIE, the move comes as ORIC prepares for a second phase o

about 1 year ago
Middle East and Guyana on schedule for Saipem under two contracts worth $720M
Business Developments & Projects

Middle East and Guyana on schedule for Saipem under two contracts worth $720M

Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r

about 1 year ago
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