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Fugro on ground investigation duty for Equinor's European CO2 highway
Business Developments & Projects

Fugro on ground investigation duty for Equinor’s European CO2 highway

Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate

about 1 year ago
An aerial view of an LNG plant
Business Developments & Projects

Chevron’s gas to power Australian alumina plants until late 2030s

Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.

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

New shallow gas discovery prompts suspension of drilling ops

Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.

about 1 year ago
UK's growing underwater industry hits £9.2B, gov't urged to react to reach potential
Business Developments & Projects

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost

about 1 year ago
Inyanga Marine Energy Group has unveiled the design of its 20 MW HydroWing tidal energy project, set to be deployed at the Morlais tidal energy site in Wales.
Business Developments & Projects

UK company unveils design of its 20 MW tidal energy project in Wales

UK-based tidal energy developer Inyanga Marine Energy Group has unveiled the design of its 20 MW HydroWing tidal energy project, set to be deployed at the Morlais tidal energy site in Wales. According to Inyanga, the project will mark the first deployment of Tocardo’s T3 turbines, with each of the

about 1 year ago
Mabanaft and Hapag-Lloyd strike B30 biofuel supply deal
Business Developments & Projects

Mabanaft and Hapag-Lloyd strike B30 biofuel supply deal

Germany’s energy company Mabanaft has concluded an agreement with compatriot shipping major Hapag-Lloyd for the supply of B30 biofuel in Hamburg.

about 1 year ago
Zama graphic; Credit: Wintershall Dea, now Harbour Energy
Business Developments & Projects

US firm offloads additional stake in big offshore oil field to Mexican conglomerate

Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.

about 1 year ago
Hydrogen Council elects new board members
Business Developments & Projects

Hydrogen Council elects new board members

The Hydrogen Council, a global coalition of CEOs with a united vision and long-term ambition for hydrogen, has appointed Masdar, Siemens Energy, and Yara Clean Ammonia as its newest Board members.

about 1 year ago
Philippines and Mærsk Mc-Kinney Møller Center unite to develop green shipping corridors
Business Developments & Projects

Philippines and Mærsk Mc-Kinney Møller Center unite to develop green shipping corridors

The government of the Philippines has partnered up with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) to develop green shipping corridors in the country.

about 1 year ago
Zohr field; Source: Eni
Business Developments & Projects

BP and ADNOC’s XRG bring new gas player into existence

BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.

about 1 year ago
Appomattox in U.S. Gulf of Mexico; Source: Shell
Business Developments & Projects

Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays

INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s third big investment in America over the past three years.

about 1 year ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas

Australian engineering and professional services company Worley will provide reimbursable engineering, procurement and construction (EPC) services to U.S. energy major ExxonMobil for the enabling works, infrastructure and interconnects scope of the latter’s planned low-carbon hydrogen and ammonia fa

about 1 year ago
Second hybrid Lake Vanern Max vessel handed over to Erik Thun
Business Developments & Projects

Second hybrid Lake Vanern Max vessel handed over to Erik Thun

MV Spiken, the second plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series, has been delivered to Swedish shipping company Erik Thun.

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

Petrobras closing in on first oil as hookup ops for Brazil’s ‘largest’ FPSO wind down

Petrobras has finished the anchoring activities for its new floating production, storage, and offloading (FPSO) vessel, which is considered the biggest one off the coast of Brazil to date.

about 1 year ago
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