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Business Developments & Projects

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Norve jack-up rig; Source: Borr Drilling
Business Developments & Projects

Africa is richer for another ‘substantial’ oil discovery

BW Energy has struck oil at a pilot appraisal well located on a field in the Dussafu license off the coast of Gabon.

about 2 years ago
Rendering of Rio Grande LNG; Source: NextDecade
Business Developments & Projects

Rio Grande LNG deals enable ADNOC to spread its low-carbon energy wings in US

ADNOC has sealed agreements for LNG offtake and an equity position in Rio Grande LNG (RGLNG) export project located in Texas.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Business Developments & Projects

Enauta-3R merger reaches new stage

Brazil’s Enauta and 3R Petroleum have approved the signing of protocols setting forth the terms and conditions for their proposed merger.

about 2 years ago
Marella Cruises
Business Developments & Projects

Marella Cruises launches microplastic capture trial with Cleaner Seas Group

British cruise line Marella Cruises, part of TUI UK, and Cornwall-based greentech innovation company Cleaner Seas Group have embarked on an industry-first initiative with a six-month trial in microplastic capture aboard the Marella Explorer.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Business Developments & Projects

Türkiye reinforces gas ties with US and Azerbaijan, notches up renewable electricity milestone

In the wake of the BOTAŞ-ExxonMobil LNG deal, Türkiye has taken steps to strengthen its energy bonds with the United States and Azerbaijan.

about 2 years ago
Cai Mep LNG Terminal; Source: Nebula Energy
Business Developments & Projects

Vietnam’s LNG terminal draws closer to start-up date

AG&P LNG and Hai Linh Company have disclosed the start of commissioning activities for one of two existing LNG terminals in Vietnam.

about 2 years ago
Mitsui backs maritime investment fund to support sustainable shipping
Business Developments & Projects

Mitsui backs maritime investment fund to support sustainable shipping

Japanese trading company Mitsui & Co. has decided to invest in a maritime investment fund, managed by Danish fund management company Navigare Capital Partners, targeting $650 million in capital focusing on sustainable shipping including green vessels and carriers.

about 2 years ago
Genevos Marine Fuel Cell Hydrogen Power Module 40 kW
Business Developments & Projects

Genevos joins H2-SEAS consortium in hydrogen electric fishing vessel project

Genevos, a French specialist in hydrogen and fuel cell power systems integration for the maritime sector, has joined the H2-SEAS consortium that aims to develop and build a hydrogen-electric fishing vessel prototype.

about 2 years ago
Darren Woods, ExxonMobil's CEO; Source: ExxonMobil
Business Developments & Projects

ExxonMobil: Lawsuit against ‘activists masquerading as shareholders’ has investors’ interests at heart

ExxonMobil has pressed ahead with legal action against Arjuna Capital and Follow This to stop a re-submission of their proposal on Scope 3 emission-reduction targets.

about 2 years ago
Operation to connect subsea well infrastructure to Brazilian FPSO about to commence
Business Developments & Projects

Operation to connect subsea well infrastructure to Brazilian FPSO about to begin

Subsea equipment installation is about to commence at Enauta’s Atlanta field offshore Brazil, connecting the wells to the floating production, storage, and offloading (FPSO) vessel which arrived at the site earlier this month. Specialized vessel Sapura Ônix is en route to the field in the Santos Bas

about 2 years ago
a floating facility that is a commercial-scale 250kW demonstration system
Business Developments & Projects

Tidal energy company gets new name and new CEO

“We are excited to launch Occurrent Power and continue the work of BigMoon and its founder Lynn Blodgett to develop sustainable energy solutions that harness the natural flow of ocean currents and tides,” said the new CEO.

about 2 years ago
New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port
Business Developments & Projects

New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port

Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business Developments & Projects

UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO

Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.

about 2 years ago
Gulfstream LNG
Business Developments & Projects

Green light for LNG project on US Gulf Coast to embark on pre-filing process

The U.S. Federal Energy Regulatory Commission (FERC) has given its blessing to Gulfstream LNG Development (Gulfstream LNG).

about 2 years ago
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