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Illustration; Source: DNV
Business Developments & Projects

ASEAN countries can knock off $800 billion from decarbonization bill with cross-border energy networks, DNV finds

ASEAN countries have the opportunity to cut their decarbonization costs by $800 billion by pursuing regional collaboration for projects entailing power interconnectors, hydrogen networks, and energy storage infrastructure.

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

New assignment expands French firm’s sphere of activity with Petrobras

Vallourec has been hired by Brazil’s Petrobras to supply tubes and services for offshore development wells, mostly located in the Campos pre-salt basin.

about 2 years ago
Hudong-Zhonghua: 14,000 cbm LNG bunkering ship wraps up gas trials
Business Developments & Projects

Hudong-Zhonghua: 14,000 cbm LNG bunkering ship wraps up gas trials

The 14,000 cbm LNG bunkering vessel custom-built by Hudong-Zhonghua for Anhui Changjiang LNG has completed gas trials.

about 2 years ago
PLSV Seven Rio; Source: Subsea7
Business Developments & Projects

Subsea7 vessel quartet going on pipelay support duty next year

Subsea7 has tucked long-term deals for four pipelay support vessels (PLSVs) under its belt, enabling the ships to work for Petrobras.

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

UK subsea player slots deepwater oil project trio in its Brazilian workload

CRP Subsea, part of AIS, has won a deal for three offshore oil field projects in Brazil’s Santos Basin.

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

ADNOC signs off on upstream deal enabling SOCAR to come aboard two offshore fields

ADNOC has inked an agreement to transfer a stake in two fields at a concession off the coast of the UAE to SOCAR.

about 2 years ago
Hywind Tampen floating wind farm and Snorre platform; Source: Equinor
Business Developments & Projects

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago
MoU signing ceremony; Source: Petronas
Business Developments & Projects

Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

about 2 years ago
WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project
Business Developments & Projects

WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project

WinGD, Alfa Laval, and ABS have signed an MoU with K Shipbuilding (KSB) for the development of an ammonia-fueled medium range tanker design.

about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Business Developments & Projects

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

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

‘Major’ ultra-deepwater discovery enables CNOOC to bolster gas arsenal

CNOOC has tucked a new hydrocarbon discovery under its belt in ultra-shallow gas play located in the South China Sea.

about 2 years ago
Black & Veatch looking into hydrogen commercialization in Malaysia
Business Developments & Projects

Black & Veatch looking into hydrogen commercialization in Malaysia

Tenaga Nasional Berhad and PETRONAS have appointed Black & Veatch to study green hydrogen commercialization pathways as part of efforts to realize Malaysia’s low-carbon energy ambitions.

about 2 years ago
SIRC and HEC to work on ship recycling centers in Saudi Arabia
Business Developments & Projects

SIRC and HEC to work on ship recycling centers in Saudi Arabia

Saudi Investment Recycling Company (SIRC Group) and Hellenic Environmental Center (HEC) have signed a Memorandum of Understanding (MoU) work on the establishment of environmental treatment centers for recycling services for ships in Saudi Arabia.

about 2 years ago
Malampaya deepwater gas-to-power project; Source: Shell
Business Developments & Projects

Philippine gas field braves typhoon with no disruption in supply

A deepwater gas field offshore the Philippines has continued to supply natural gas to gas-fired power plants as a typhoon reached the country.

about 2 years ago
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