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Business Developments & Projects

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An offshore platform at sunset
Business Developments & Projects

Woodside to supply Asia’s ‘largest’ consumer with LNG for 15 years

Australia’s energy giant Woodside has signed a long-term sale and purchase agreement (SPA) with China Resources Gas International Limited, a gas distribution company owned by China Resources Holdings, to deliver liquefied natural gas (LNG) to China.

about 1 year ago
Prysmian brings 'first major contract' to Helix Robotics' subsea trencher
Business Developments & Projects

Prysmian brings ‘first major contract’ to Helix Robotics’ subsea trencher

Helix Robotics Solutions, the robotics division of U.S.-headquartered offshore energy services provider Helix Energy Solutions Group, has secured a contract with Italian cable systems giant Prysmian for its T1400-2 trencher. The contract will see the trencher perform post-installation cable burial o

about 1 year ago
Caofeidian 6-4 oilfield comprehensive adjustment project; Source: CNOOC
Business Developments & Projects

Two more projects online as Asian giant pursues ‘green and low-carbon’ oil & gas development

CNOOC has brought on stream two oilfield projects off the coast of China, with the help of so-called intelligent technologies, which are said to unlock the doors of low-emission hydrocarbon development.

about 1 year ago
Mozambique LNG
Business Developments & Projects

$5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project

Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States

about 1 year ago
Kongsberg Maritime signs contract for the design of two multipurpose subsea vessels; Source: Kongsberg Maritime
Business Developments & Projects

Methanol-ready subsea vessel pair with battery hybrid tech lands on Kongsberg’s worksheet

Kongsberg Maritime has won a new design and equipment assignment for two multipurpose subsea vessels envisioned to be methanol-ready dual-fuel ships, sporting battery hybrid technology, which are set to be built for multiple purposes and optimized for advanced offshore operations under rough conditi

about 1 year ago
Noble Discoverer (former Maersk Discoverer) rig, which carried out the drilling campaign off Guyana for CGX and Frontera JV; Source: Maersk Drilling (now Noble Corporation)
Business Developments & Projects

Partners stand firm in opposition to Guyana pulling the plug on offshore license

Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.

about 1 year ago
Australia’s Western Green Energy Hub project to undergo environmental assessment
Business Developments & Projects

Australia’s Western Green Energy Hub project to undergo environmental assessment

Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment.

about 1 year ago
Several people standing in line on a vessel with Greek flag flying above them
Business Developments & Projects

HD Hyundai-built LNG carrier reflagged to Greece

Greece’s Capital Gas Ship Management has completed the registration process of a liquefied natural gas (LNG) carrier to the Greek registry.

about 1 year ago
TDI-Brooks wraps up seismic survey for Shell offshore Nigeria
Business Developments & Projects

TDI-Brooks wraps up seismic survey for Shell offshore Nigeria

U.S.-headquartered TDI-Brooks has finalized its job with Shell Petroleum Development Company of Nigeria Limited (SPDC) which entailed series of 2D ultra high-resolution (2DUHR) seismic site survey and pipeline route assessment work offshore Nigeria. According to TDI-Brooks, the project, awarded by C

about 1 year ago
Brage platform; Source: OKEA
Business Developments & Projects

Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision

OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.

about 1 year ago
‘World’s first’ hydrogen shore power demo presented at Port of Leith
Business Developments & Projects

‘World’s first’ hydrogen shore power demo presented at Port of Leith

A Scottish consortium has showcased the “world’s first” green hydrogen shore demonstration project at the Port of Leith.

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

ExxonMobil’s oil & gas exploration gets uplift with ‘cutting-edge’ 4D seismic tech and supercomputer

ExxonMobil is buoyed by the possibility of cutting seismic processing time from months to weeks with 4D seismic technology, in combination with high-performance computing (HPC), which will bolster the firm’s subsurface capabilities.

about 1 year ago
AtoB@C Shipping: Half of plug-in hybrid newbuild fleet is complete
Business Developments & Projects

AtoB@C Shipping: Half of plug-in hybrid newbuild fleet is complete

AtoB@C Shipping is halfway through its fleet renewal program with delivery of the sixth plug-in hybrid newbuild vessel from India’s Chowgule shipyard.

about 1 year ago
Calcasieu Pass terminal; Source: Venture Global
Business Developments & Projects

US LNG player faces lawsuit for ‘misleading’ stock buyers

Several law firms have called for lead plaintiffs to step forward in a class action lawsuit filed against U.S.-based liquefied natural gas (LNG) export project developer Venture Global.

about 1 year ago
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