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Business Developments & Projects

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Seaway7 and Rhenus Port Logistics extend ten-year collaboration for another decade
Business Developments & Projects

Seaway7 and Rhenus Port Logistics extend ten-year collaboration for another decade

Following a decade-long collaboration, Seaway7, part of Subsea7, and Rotterdam’s Rhenus Port Logistics have extended their partnership with a new ten-year contract. Under the contract, Seaway7 will remain a long-term customer of the Rhenus Deep Sea Terminal for mobilization and demobilization servic

about 2 years ago
Scottish firm demonstrates offshore hydrogen bunkering solution
Business Developments & Projects

Scottish firm demonstrates offshore hydrogen bunkering solution

Oasis Marine developed industrial solutions, Oasis Hydrogen Buoy and Oasis Power Buoy, that provide offshore hydrogen bunkering and electric charging.

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

Petrofac strikes extension deal with ONEgas West in ‘core market’

Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a venture owned by Shell UK and operated by NAM.

about 2 years ago
Global Energy Group (GEG) has finished the fabrication process of two towheads, complete with equipment interface support frames and buoyancy tank interface frame from the Port of Nigg, on behalf of S
Business Developments & Projects

WATCH: Global Energy Group delivers Subsea7 fabrication scope for Aker BP’s North Sea field

Global Energy Group (GEG) has finished the fabrication process of two towheads, complete with equipment interface support frames and buoyancy tank interface frame from the Port of Nigg, on behalf of Subsea7 for the Aker BP-operated Valhall PWP-Fenris field in the North Sea off Norway. The 66 ton tow

about 2 years ago
Chinese shipbuilder begins construction of 295-meter LNG carrier
Business Developments & Projects

Chinese shipbuilder begins construction of 295-meter LNG carrier

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of what is said to be the first single-class large LNG carrier of China Classification Society (CCS). The steel-cutting ceremony for the 174,000 m3 LNG carrier H1909A of PetroChina International was held at Hudong-Zhonghua

about 2 years ago
Electric Hydrogen and AES pen large-scale electrolyzer plants supply deal
Business Developments & Projects

Electric Hydrogen and AES pen large-scale electrolyzer plants supply deal

Electric Hydrogen has reached a comprehensive framework supply agreement with AES Corporation for up to 1 GW of large-scale electrolyzer plants.

about 2 years ago
Shell and Ocean Infinity bolster subsea ties under five-year agreement
Business Developments & Projects

Shell and Ocean Infinity bolster subsea ties under five-year agreement

Houston-based marine robotics company Ocean Infinity has signed a five-year global framework agreement (GFA) with energy giant Shell concerning subsea data capture services. The GFA encompasses all countries where Shell is currently active or plans to operate in the future and covers the provision o

about 2 years ago
Nine hydrogen and renewable energy startups make the cut for EDP’s Energy Starter in Singapore
Business Developments & Projects

Nine hydrogen and renewable energy startups make the cut for EDP’s Energy Starter in Singapore

EDP has chosen nine startups with renewable and green hydrogen projects for its Energy Starter, an open innovation program, in Singapore.

about 2 years ago
Beach Energy to lay off 30% of its workforce as part of strategic review
Business Developments & Projects

Australian oil & gas player to lay off 30% of its workforce as part of strategic review

Australian oil and gas player Beach Energy is planning to reduce the headcount across the business by 30% as part of a move aimed at achieving efficiency and operational cost improvements. Beach Energy announced on February 12, 2024, it was undertaking a comprehensive strategic review that aims to r

about 2 years ago
Bureau Veritas Group has awarded Dutch-Norwegian company SolarDuck the world’s first prototype certification for floating solar technology.
Business Developments & Projects

SolarDuck wins ‘world’s first’ prototype certification for floating solar technology

Bureau Veritas Group has awarded Dutch-Norwegian company SolarDuck the world’s first prototype certification for floating solar technology. This floating solar technology’s implementation was demonstrated in SolarDuck’s 0.5 MW pilot project Merganser. The certification of the Merganser prototype com

about 2 years ago
Private equity investors acquire Acteon, new CEO to take over
Business Developments & Projects

Private equity investors acquire Acteon, new CEO to take over

Offshore energy infrastructure services company Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP), with a new Chief Executive Officer (CEO) taking the helm. According to Acteon, Buckthorn and OEP are making a substantial investment in the bus

about 2 years ago
ITM Power’s MW-class PEM electrolyzer installed in Japan
Business Developments & Projects

ITM Power’s MW-class PEM electrolyzer installed in Japan

In collaboration with Sumitomo Corporation, ITM Power has completed the delivery and installation of a NEPTUNE electrolyzer at Tokyo Gas’ Yokohama Techno Station.

about 2 years ago
Stena Drilling’s new drillship to get equipment that allows 'drilling in previously inaccessible reservoirs'
Business Developments & Projects

Stena Drilling’s new drillship to get equipment that allows access to ‘previously inaccessible reservoirs’

UK-based offshore drilling contractor Stena Drilling is set to deliver an equipment upgrade for its newest drillship that is expected to make it capable of drilling in previously inaccessible reservoirs. The seventh-generation drillship Stena Evolution is about to undergo an equipment upgrade which

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

PetroVietnam to buy LNG from QatarEnergy, first shipment due in April

PetroVietnam has signed a contract with QatarEnergy LNG to purchase 70,000 metric tons of LNG set to be delivered next month.

about 2 years ago
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