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Business Developments & Projects

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Valaris DS-12 drillship; Source: Valaris
Business Developments & Projects

BP boosts gas production from Mediterranean Sea as it fires up next chapter of giant project

BP has brought online the second development phase of a field at the West Nile Delta (WND) concession in the Mediterranean within the Egyptian Exclusive Economic Zone (EEZ).

about 1 year ago
A large vessel at sea surrounded by several smaller ones
Business Developments & Projects

Woodside’s reserves up partly due to ‘outstanding’ output at field off Senegal

Australia’s energy giant Woodside has recorded an increase in proved reserves compared to the previous year, partly thanks to bringing online its project offshore Senegal.

about 1 year ago
Naming ceremony for FPSO BW Opal; Source: Seatrium
Business Developments & Projects

WATCH: FPSO for Australia’s $3.6B project closing in on first gas as naming ceremony wraps up

BW Offshore has held a naming ceremony for its newbuild floating production storage and offloading (FPSO) vessel, which is on track to start work at a giant field off the coast of Australia in 2025.

about 1 year ago
Wallenius Wilhelmsen performs first biofuel bunkering in Japan
Business Developments & Projects

Wallenius Wilhelmsen performs first biofuel bunkering in Japan

Norwegian shipping and logistics company Wallenius Wilhelmsen has conducted its first biofuel bunkering trial in Japan.

about 1 year ago
Toyota develops new fuel cell system for commercial sector, shipping included
Business Developments & Projects

Toyota develops new fuel cell system for commercial sector, shipping included

Japanese automotive manufacturer Toyota Motor Corporation has developed a new third-generation fuel cell system to meet the needs of the commercial sector, including shipping.

about 1 year ago
FPSO Almirante Tamandaré; Source: SBM Offshore
Business Developments & Projects

SBM Offshore’s giant FPSO switches to oil production mode at Petrobras’ deepwater field

Petrobras has confirmed the first oil from a new floating production, storage, and offloading (FPSO) unit, owned by the Netherlands-based SBM Offshore, as the vessel has begun operations at a huge field in the pre-salt Santos Basin off the coast of Brazil.

about 1 year ago
Chevron secured Stena Drilling’s Stena Forth drillship for a decommissioning campaign in the Mediterranean Sea offshore Israel a few years ago, alongside an option for a well offshore Cyprus; Source:
Business Developments & Projects

Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan

Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of the Mediterranean Sea.

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

Brazil in for busy summer with new oil & gas round

Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP) has disclosed the date for the country’s next oil and gas bidding round.

about 1 year ago
Trion FPU concept image; Source: Wood
Business Developments & Projects

SBM Offshore celebrates first steel cut for deepwater oil project’s floater

SBM Offshore has kicked off the construction phase of a disconnectable turret mooring (DTM) for a floating storage and offloading (FSO) unit, destined to be deployed at a deepwater oil project 30 km south of the Mexico-U.S. maritime border.

about 1 year ago
Petrobras
Business Developments & Projects

Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale

Brazil’s state-owned oil and gas titan Petrobras has tapped into the Asian bunker market, having completed its inaugural sale of very low sulfur fuel oil (VLSFO) with 24% renewable content (B24) in Singapore. As disclosed, the VLSFO was sold to Golden Island, a bunker supplier based in Singapore. Pe

about 1 year ago
Woodfibre LNG
Business Developments & Projects

Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery)

Woodfibre Management, a privately held Canadian company based in Vancouver, is going full steam ahead with foundation and marine piling work to breathe life into its operated $5.1 billion liquefied natural gas (LNG) export project.

about 1 year ago
MOL
Business Developments & Projects

MOL invests in US developer of e-fuels

Japanese shipping major Mitsui O.S.K. Lines (MOL) has invested in California-based Twelve Benefit Corporation, a company developing synthetic fuels (e-fuels) and chemicals, contributing to the global expansion of clean fuels.

about 1 year ago
Empire Wind to probe concrete turbine foundations
Business Developments & Projects

New York greenlights Equinor’s Empire Wind 1 transmission facilities

Equinor has been granted approval by the New York State Public Service Commission (NYPSC) to build and operate offshore and onshore transmission facilities for the 816 MW Empire Wind 1 offshore wind project. The overall transmission line for the Empire Wind 1 offshore wind project runs approximately

about 1 year ago
Construction of LNG dual-fuel 10,800 CEU car carriers begins in China
Business Developments & Projects

Construction of LNG dual-fuel 10,800 CEU car carriers begins in China

Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corporation (CSSC), has started the construction of the first LNG dual-fuel car carrier for South Korean shipping giant HMM.

about 1 year ago
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