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Business Developments & Projects

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Aerial view of an LNG terminal
Business Developments & Projects

Ukrainian player welcomes first US LNG cargo

Ukraine’s DTEK Group has taken delivery of its first liquefied natural gas (LNG) shipment from the United States which is expected to bolster the country’s energy security.

about 1 year ago
Noble Developer rig; Source: Noble
Business Developments & Projects

Noble rig scores multi-well drilling gig offshore Suriname

Noble Corporation has got a new drilling assignment off the coast of Suriname, which will be conducted by its 2009-built semi-submersible rig, currently stationed in Trinidad and Tobago.

about 1 year ago
FPSO Atlanta; Source: Brava Energia
Business Developments & Projects

Hat trick for Brazil’s oil & gas firm with FPSO start-up clearance, production restart at another field and portfolio expansion

Brava Energia, former 3R Petroleum before the merger with Enauta, is having a busy holiday season, as green light comes in for the firm to put a floating production, storage, and offloading (FPSO) vessel into operation mode, production resumes at another asset, and the acquisition of interests in mu

about 1 year ago
Investigation into damage of Finland-Estonia link finds dragging marks on seabed
Business Developments & Projects

Investigation into damage of Finland-Estonia link finds dragging marks on seabed

The investigation into the damage that occurred on Christmas day on the Eastlink 2 undersea cable between Finland and Estonia in the Baltic Sea has found a dragging track on the seabed that is dozens of kilometers long, the Finnish police reported. To remind, Finland’s transmission system operator (

about 1 year ago
HJSC wins LR’s nod for 88,000 cbm VLAC design
Business Developments & Projects

HJSC wins LR’s nod for 88,000 cbm VLAC design

South Korean HJ Shipbuilding & Construction (HJSC) has obtained approval in principle (AiP) from the classification society Lloyd’s Register (LR) for the design concept of an 88,000 cbm next-generation eco-friendly very large ammonia carrier (VLAC).

about 1 year ago
FPSO PTSC Lam Son; Source: Yinson
Business Developments & Projects

FPSO gets at least 18 more months of work offshore Asia

A floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Vietnam, has secured further work in the Cuu Long Basin in Southeast Asia, where it has been operating for a decade.

about 1 year ago
Chinese shipyard starts building EXMAR’s new LPG dual-fuel gas carrier
Business Developments & Projects

Chinese shipyard starts building EXMAR’s new LPG dual-fuel gas carrier

Belgium-based shipping player EXMAR has revealed the beginning of the construction of its new midsize gas carrier with LPG dual-fuel engines.

about 1 year ago
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Business Developments & Projects

Baker Hughes’ gas tech picked for ‘vital’ LNG development project in North America

Baker Hughes has won a liquefaction equipment order for a proposed liquefied natural gas (LNG) terminal in Louisiana, United States, ahead of the project’s final investment decision (FID), which is expected next year.

about 1 year ago
Subsea7 expands its scope for giant Black Sea gas project with IRM services
Business Developments & Projects

Subsea7 expands its scope for giant Black Sea gas project with IRM services

Subsea7 has secured a contract with Turkish Petroleum Offshore Technology Center (TP-OTC) to provide inspection, repair and maintenance (IRM) services for Türkiye’s largest natural gas field. The contract for the Sakarya gas field development in the Black Sea includes project management and engineer

about 1 year ago
Illustration; Source: New York Senate
Business Developments & Projects

New York fires $75 billion shot for Big Oil to foot the landmark climate ‘superfund’ bill

As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by establishing a new climate fund, described as landmark legislation to strengthen the state’s climate endeavors and environmental

about 1 year ago
An offshore platform
Business Developments & Projects

Rex ending the year with corporate restructuring to pursue growth opportunities

Masirah Oil, an affiliate of Singapore’s oil exploration and production company Rex International Holding, has repurchased some shares from its wholly-owned subsidiary, Rex Oman.

about 1 year ago
Saipem's pipelayer en route to Türkiye's largest natural gas field
Business Developments & Projects

Saipem’s Castorone en route to Türkiye’s largest natural gas field for pipeline installation

Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of

about 1 year ago
Wavepiston wraps up Barbados wave energy feasibility study
Business Developments & Projects

Wavepiston wraps up Barbados wave energy feasibility study

Danish wave energy firm Wavepiston has unveiled the conclusion of its Wave Energy in Barbados (WEB) project, completing a six-month pre-feasibility study conducted in collaboration with Export Barbados (BIDC), an agency of the Barbados Government. The initiative, supported by EU funding, explored th

about 1 year ago
Corpus Christi LNG Stage 3; Source: Cheniere
Business Developments & Projects

More US LNG unleashed with Cheniere’s third Corpus Christi segment up and running

Cheniere Energy has achieved the first LNG production milestone at its Corpus Christi LNG facility in Texas.

about 1 year ago
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