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Business Developments & Projects

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Allrig
Business Developments & Projects

US firm scores two long-term gigs with ‘key’ drilling players in Golden Triangle area

Texas-based one-stop shop for asset management Allrig has won two new assignments with undisclosed drilling contractors in West Africa and Brazil.

about 2 years ago
Cedar LNG project (artist’s rendering); Courtesy of Cedar LNG
Business Developments & Projects

Samsung Heavy Industries books French player for work on Canada’s $4 billion FLNG project

GTT has picked up a new order from Samsung Heavy Industries, which will enable it to provide the tank design of a new FLNG unit, which will be deployed in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 2 years ago
Illustration; Source: Saipem
Business Developments & Projects

Saipem scores $500 million for work on two offshore oil projects in Middle East

Saipem has got its hands on multimillion-dollar assignments on two projects off the coast of Saudi Arabia with the country’s oil and gas heavyweight Aramco.

about 2 years ago
RWE’s large hydrogen projects in Germany receive €818 million boost
Business Developments & Projects

RWE’s large hydrogen projects in Germany receive €818 million boost

The German and federal state governments have granted €818 million in funding to RWE’s large hydrogen projects.

about 2 years ago
Pioneering Spirit removes Ekofisk 2/4 G jacket; Source: Aker BP
Business Developments & Projects

WATCH: World’s largest offshore construction vessel takes former platform’s jacket out of North Sea as recycling time comes

Allseas has performed another removal task in the North Sea with its giant offshore construction vessel for Aker BP, a Norwegian oil and gas player.

about 2 years ago
Panoramic view of Gwangyang 1st LNG Terminal; Source: POSCO International
Business Developments & Projects

South Korea’s LNG terminal fully operational, second due in 2026

POSCO International has completed the construction of the first non-state-owned liquefied natural gas (LNG) terminal at the country’s Gwangyang port, which is meant to increase energy security for the East Asian country.

about 2 years ago
Scarlet Ibis LNG vessel; Source: Northern Marine
Business Developments & Projects

Hyundai Glovis welcomes first LNG carrier to its fleet

Hyundai Glovis has entered the liquefied natural gas (LNG) transportation industry thanks to the delivery of its first LNG carrier, which was overseen by ship management and marine services solutions company Northern Marine.

about 2 years ago
WATCH: After 28 days at sea, Prysmian's new cable layer reaches Norway for final fit-out
Business Developments & Projects

After 28 days at sea, Prysmian’s new cable layer reaches Norway for final fit-out (Video)

Prysmian’s new cable laying vessel (CLV) Monna Lisa has arrived at Vard’s shipyard in Norway from Romania, with outfitting completion, installation of main mission equipment and trials now on schedule. After the Italian cable giant disclosed plans to invest in the CLV Monna Lisa, a sister vessel to

about 2 years ago
Vard starts building final 86-meter ammonia-ready robotic vessel for Ocean Infinity
Business Developments & Projects

Vard starts building final 86-meter ammonia-ready robotic vessel for Ocean Infinity

Construction of the sixth 86-meter ammonia-ready robotic vessel ordered by Ocean Infinity has begun at Vard Vung Tau shipyard in Vietnam.

about 2 years ago
LNG heat exchanger; Source: Air Products
Business Developments & Projects

Honeywell splashes out $1.81 billion on LNG business to boost energy transition offering

Honeywell has agreed to buy Air Products’ LNG process technology and equipment business to offer end-to-end services for global customers.

about 2 years ago
CIPP picks potential operator for green ammonia export terminal in Brazil
Business Developments & Projects

CIPP picks potential operator for green ammonia export terminal in Brazil

Stolthaven Terminals, in cooperation with Global Energy Storage (GES), has been selected by the Port of Pecém Authority (CIPP) as the only potential operator to plan, design, build and operate a green ammonia terminal in Pecém, in the State of Ceará, Brazil.

about 2 years ago
Höegh Autoliners launches third multi-fuel Aurora-class vessel
Business Developments & Projects

Höegh Autoliners launches third multi-fuel Aurora-class vessel

Norway-based shipping company Höegh Autoliners has launched the third multi-fuel Aurora-class pure car and truck carrier (PCTC).

about 2 years ago
NKT confirmed as power cable supplier for Scottish subsea links
Business Developments & Projects

NKT confirmed as power cable supplier for Scottish subsea links

Denmark’s NKT has signed a framework agreement with the Scottish transmission system operator (TSO) SSEN Transmission to deliver power cable systems for two high-voltage direct current (HVDC) transmission links in Scotland. NKT on August 28, 2023, confirmed the reservation of production and offshore

about 2 years ago
Karim Badawi, Minister of Petroleum and Mineral Resources; Source: Egypt's Ministry of Petroleum and Mineral Resources
Business Developments & Projects

Egypt sets its cap on attracting multibillion-dollar oil & gas investment while adding more renewables to its energy mix

Egypt is determined to stimulate investment in hydrocarbon exploration and field development to drill 586 oil and gas wells by 2030 while also pursuing opportunities in scaling up renewable energy deployment to bring further green power to its electricity grid.

about 2 years ago
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