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Illustration; Source: Bristow
Business Developments & Projects

Update: Flights cleared for takeoff after suspension due to tragic helicopter crash

Following suspension due to a helicopter crash, all the companies have now made up their minds to resume their flights, according to Equinor.

about 2 years ago
Congo LNG project's FLNG Tango; Source: Eni
Business Developments & Projects

US in prime position to be the driving force behind Africa’s LNG and FLNG boom

The U.S. is poised to take the lead on the expansion of liquefied natural gas (LNG) and floating LNG (FLNG) projects in Africa.

about 2 years ago
Viking Line
Business Developments & Projects

Viking Line launches ‘green sea conferences’ to cut emissions by 90%

Finnish shipping company Viking Line has launched green sea conferences, a new biofuel-based sustainable initiative offered on the company’s two climate-smart vessels.

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

With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040

Shell has revealed its latest outlook on the global demand for LNG, predicting a rise in demand of more than 50% by 2040.

about 2 years ago
KfW IPEX
Business Developments & Projects

KfW IPEX finances first climate-neutral terminal based on hydrogen

Germany’s KfW IPEX-Bank is providing financing for the new Duisburg Gateway Terminal (DGT), described as Europe’s first fully climate-neutral terminal using hydrogen technology and the first one to be intelligently networked.

about 2 years ago
Transocean Norge; Source: Transocean
Business Developments & Projects

Appraisal of gas/condensate discovery boosts resource estimate

Wintershall Dea has drilled an appraisal well, which led to a minor increase in the resource estimate for a gas/condensate discovery in the Norwegian Sea.

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

WoodMac: Are shifts in energy policy on the cards for oil & gas ecosystem and which forces will be at play in 2024?

While offering its predictions for 2024, Wood Mackenzie has outlined several key themes to watch in global and corporate upstream sectors.

about 2 years ago
Cedar LNG FID postponed for mid-2024
Business Developments & Projects

Cedar LNG FID postponed for mid-2024

Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure company Pembina Pipeline, has revealed that a final investment decision (FID) for the Cedar LNG project has been put off until the middle of 2024 despite numerous achievements. Cedar LNG said that a number of sched

about 2 years ago
High client demand brings 'strong' 2023 to Fugro
Business Developments & Projects

High client demand brings ‘strong’ 2023 to Fugro

Fugro has reported revenue of €2.2 billion for 2023, a 27.5% growth from €1.7 billion in 2022, said to be driven by high client demand in energy markets. For the full year of 2023, Fugro reported it had realized revenue growth on a currency-comparable basis by capturing high client demand in the off

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

Santos eyes drilling ops off Australia

Santos has submitted an environment plan (EP) for drilling activities off the coast of Australia to boost hydrocarbon production.

about 2 years ago
PGS makes energy-efficient move for eight of its seismic vessels
Business Developments & Projects

PGS makes energy-efficient move for eight of its vessels

Norwegian seismic company PGS is switching to energy-efficient lighting for eight of its seismic vessels as part of its sustainability targets and desire to comply with emission reduction targets and new regulations. PGS appointed compatriot lighting company Glamox to deliver energy-saving lighting

about 2 years ago
Topsoe’s ammonia technology picked for new hydrogen project in South Korea
Business Developments & Projects

Topsoe’s ammonia technology picked for new hydrogen project in South Korea

Danish technology company Topsoe has signed an engineering agreement with the South Korean industrial supplier of hydrogen Approtium to convert low-carbon ammonia into hydrogen using its H2RETAKE technology. Specifically, Topsoe said the company will deliver its technology to Approtium’s project in

about 2 years ago
Tankers International
Business Developments & Projects

Exclusive interview with Tankers International CEO: VLCC pooling’s role poised to grow with energy transition demands rising

OE spoke with Charlie Grey, Tankers International’s CEO, on how its members are doing business amid the decarbonization and digital transformation.

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

Tragedy strikes during training exercise as helicopter crash ends in fatality

One of Bristow Group’s search and rescue (SAR) helicopters was involved in an accident around 15 nautical miles west of Bergen off Norway.

about 2 years ago
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