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Business Developments & Projects

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Deepwater Nautilus rig; Source: Transocean
Business Developments & Projects

Transocean’s 24-year-old stacked rig going to mystery buyer next quarter

Transocean has set the wheels into motion to get rid of one of its stacked ultra-deepwater floaters to turn its attention to its core fleet assets.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Business Developments & Projects

Three oil & gas rigs say their goodbyes to Seadrill’s offshore drilling fleet

Seadrill has sold three jack-up rigs deployed in Qatar to its ex-joint venture partner, Gulf Drilling International (GDI).

about 2 years ago
Congo FLNG; Source: Eni
Business Developments & Projects

Construction of second Congo-bound FLNG progressing on course for start-up next year, Eni says

Eni has confirmed that the building works related to a new 2.4 million tonnes per year (mtpa) FLNG unit are moving forward in line with its timeline.

about 2 years ago
New alliance looking into development of hydrogen and ammonia technologies
Business Developments & Projects

New alliance looking into development of hydrogen and ammonia technologies

KKR and IGNIS have agreed to launch a platform IGNIS P2X to develop primarily green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors.

about 2 years ago
Zhoushan yard; Source: Wison New Energies
Business Developments & Projects

Chinese energy firm packs its bags to join the exodus from Russia

China-based provider of clean energy services Wison New Energies has signaled its intention to end all current and future Russian operations.

about 2 years ago
New cross-industry collab targets shipping decarbonization via energy efficiency, future fuels, and onboard carbon capture
Business Developments & Projects

New cross-industry collab targets shipping decarbonization via energy efficiency, future fuels, and onboard carbon capture

GCMD and OGCI teamed up to work on decarbonizing the shipping industry with focus on energy efficiency, future fuels, and onboard CO2 capture.

about 2 years ago
A photo of Boskalis team during installation of nearshore export cable section for Hollandse Kust West Beta grid connection
Business Developments & Projects

Export cables for RWE’s Dutch offshore wind farm installed at landfall point

A consortium of Boskalis and Orient Cable (NBOS) has completed the pull-in and burial of the second export cable for TenneT’s Hollandse Kust West Beta offshore grid connection at the landfall location in Velsen-Noord, the Netherlands. The 700 MW grid connection will link the offshore wind farm that

about 2 years ago
Partners to start construction of low-carbon ammonia facility in Abu Dhabi
Business Developments & Projects

Partners to start construction of low-carbon ammonia facility in Abu Dhabi

TA’ZIZ, Fertiglobe, Mitsui & Co. and GS Energy Corporation have agreed to commence construction of a low-carbon ammonia production facility in Abu Dhabi, United Arab Emirates (UAE).

about 2 years ago
Danske Commodities to optimize world’s largest commercial PtX facility
Business Developments & Projects

Danske Commodities to optimize world’s largest commercial PtX facility

Danske Commodities secured an agreement for the optimization of the Kassø Power-to-X facility, the world’s largest commercial PtX facility.

about 2 years ago
Ocean Installer picked for major subsea scope at Equinor's large North Sea oil & gas field
Business Developments & Projects

Ocean Installer picked for major subsea scope at Equinor’s large oil & gas field

Norwegian state-owned energy company Equinor has awarded compatriot Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract to deliver a subsea scope for its huge oil and natural gas field in the Norwegian sector of the North Sea. Equinor and its partners have

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

Namibia’s discoveries seen as silver lining: Global drilling costs up but exploration success rate down

High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.

about 2 years ago
Carnegie Clean Energy raises over $2M to support ‘first ever’ CETO deployment in Europe
Business Developments & Projects

Carnegie Clean Energy raises over $2M, mainly to support ‘first ever’ CETO deployment in Europe

Carnegie Clean Energy has raised $2.134 million from shareholders that are set to support the delivery of the first CETO deployment in Europe, as well as commercialization.

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

Chinese shipbuilder in need of GTT’s bag of tricks for tank design of 10 very large LNG carriers

France’s GTT has received an order from Hudong-Zhonghua for the tank design of 10 new very large liquefied natural gas carriers (LNGCs).

about 2 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

ExxonMobil allies with Air Liquide for its low-carbon hydrogen project in Texas

ExxonMobil and Air Liquide have entered an agreement that is expected to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility, in the U.S.

about 2 years ago
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