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Business Developments & Projects

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An offshore rig
Business Developments & Projects

No luck for OMV as its North Sea wildcat comes up dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.

about 1 year ago
Petrobras and NOV looking to develop CO2-resistant flexible pipes for deep water
Business Developments & Projects

Petrobras and NOV looking to develop CO2-resistant flexible pipes for deep water

American oilfield services company NOV and Brazilian state-owned energy firm Petrobras have signed a pre-commercial agreement for the development of flexible pipes designed for high CO2 deepwater applications. The collaboration, formalized with the signature of an agreement in February, focuses on c

about 1 year ago
Yinson GreenTech inks new deal to spur marine electrification
Business Developments & Projects

Yinson GreenTech inks new deal to spur marine electrification

Yinson GreenTech partnered with Wilhelmsen Port Services (WPS) and R W Marine Services (RW) to spur the adoption of marine electrification in Singapore.

about 1 year ago
Van Oord awards Ecowende cable termination and testing contract
Business Developments & Projects

Van Oord awards Ecowende cable termination and testing contract

SPIE Wind Connect, part of SPIE, has been awarded a contract by Van Oord for the termination and testing of inter-array cables on the offshore wind farm that Ecowende will build at Hollandse Kust (west) lot VI in the Netherlands. The project scope involves the termination and testing of 52 66 kV int

about 1 year ago
Fluxys kicks off construction of hydrogen pipeline network in Belgium
Business Developments & Projects

Fluxys kicks off construction of hydrogen pipeline network in Belgium

Fluxys has started the construction of the first phase of its hydrogen pipeline network in Belgium, marking a step forward in the transition to a sustainable and low-carbon future.

about 1 year ago
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature
Business Developments & Projects

Global OTEC unveils ‘largest onshore’ OTEC pilot to date

UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t

about 1 year ago
A floating production storage and offloading unit at sea
Business Developments & Projects

BW Offshore wraps up $125 million FPSO sale to US firm

Norwegian FPSO operator BW Offshore has finalized the sale of its floating production, storage, and offloading (FPSO) unit to a subsidiary of Houston-based oil and gas player Murphy Oil Corporation.

about 1 year ago
EPS expands fleet with new 7,000 CEU dual-fuel PCTC
Business Developments & Projects

EPS expands fleet with new 7,000 CEU dual-fuel PCTC

Singaporean shipowner Eastern Pacific Shipping (EPS) has taken delivery of Lake Travis, the fifth 7,000 CEU dual-fuel pure car and truck carrier (PCTC) built by China Merchants Jinling Shipyard (Weihai).

about 1 year ago
Allseas setting the stage for pipelaying at EU's landmark CO2 transport and storage project
Business Developments & Projects

Allseas setting the stage for pipelaying at EU’s landmark CO2 transport and storage project

An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-buil

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects

DNO continues North Sea ‘hot streak’ with fresh oil & gas find

Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the Northern North Sea using a semi-submersible rig owned by China’s CMC and managed by Odfjell Drilling.

about 1 year ago
MPA Singapore invites applications for methanol bunkering license
Business Developments & Projects

MPA Singapore invites applications for methanol bunkering license

Following the finalization of the methanol bunkering licensing framework and standards, the Maritime and Port Authority of Singapore (MPA) has opened applications for licensees to supply methanol as a marine fuel in Singapore.

about 1 year ago
TechnipFMC illustration
Business Developments & Projects

Contract worth over $1 billion comes to TechnipFMC for Shell’s recently sanctioned deepwater project in Brazil

Shortly after reporting an integrated engineering, procurement, construction, and installation (iEPCI) contract with Equinor in Norway, TechnipFMC has secured another one, this time with Shell in Brazil, worth over $1 billion. The iEPCI contract has been awarded for Shell’s Gato do Mato greenfield d

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business Developments & Projects

WaveX taps Arup to collaborate on wave energy projects

London-headquartered firm Arup has joined forces with Australian wave energy firm WaveX to accelerate the development of the D-Spar wave-powered generator technology. The collaboration follows the signing of two memorandums of understanding (MoUs) to advance wave energy projects and optimize the D-S

about 1 year ago
Gannet platform in North Sea; Source: Shell
Business Developments & Projects

Shell presents gas & LNG as safe bets but keeps low carbon and renewable tools in play

Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.

15 minutes read
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