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Business Developments & Projects

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Deal signed for new hydrogen hub in Sarawak, Malaysia
Business Developments & Projects

Deal signed for new hydrogen hub in Sarawak, Malaysia

Clean energy solutions provider Gentari, through its subsidiary Gentari Hydrogen, has signed a heads of agreement (HOA) with SEDC Energy (SEDCE) for the joint development of a centralized hydrogen production hub in Sarawak’s Bintulu, Malaysia. The agreement for the production hub, to be known as the

about 2 years ago
FPSO Energean Power; Source: Energean
Business Developments & Projects

Energean FPSO goes full throttle off Israel

Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.

about 2 years ago
Energy Emerger jack-up rig; Source: Northern Offshore
Business Developments & Projects

Jack-up rig gets multi-well gig offshore Oman

Masirah Oil has hired a jack-up rig for a multi-well drilling program at a field in the Block 50 concession offshore Oman.

about 2 years ago
Sulmara expands its services with new business line
Business Developments & Projects

Sulmara expands its services with new business line

Subsea specialist Sulmara has launched a new business line, expanding its services with the aim of reducing the risks clients face in subsea operations and helping them meet their net-zero targets. The new Route Development business line will see the company provide a range of support from the plann

about 2 years ago
Helix Energy Solutions
Business Developments & Projects

Helix tucks five-year decom gig under its belt in Gulf of Mexico

Helix Energy Solutions has got its hands on a long-term joint decommissioning agreement with Talos Energy.

about 2 years ago
Three partners unite for landmark hybrid wind-solar farm offshore Italy
Business Developments & Projects

Three partners unite for landmark hybrid wind-solar farm offshore Italy

Dutch-Norwegian floating solar developer SolarDuck, Italian independent asset manager Green Arrow Capital and New Developments s.r.l., an Italian developer, have agreed to collaborate on the development of an offshore hybrid wind-solar farm in the Gulf of Taranto offshore Italy. The three companies

about 2 years ago
HH2E and Siemens Energy forge green hydrogen ties
Business Developments & Projects

HH2E and Siemens Energy forge green hydrogen ties

German companies HH2E and Siemens Energy have partnered up to address the future green energy needs of HH2E, focusing specifically on the provision of high-voltage systems, power transformers and beyond, essential for the operation of HH2E’s large-scale green hydrogen production units across Germany

about 2 years ago
Canadian govt charts path for sustainable tidal energy development
Business Developments & Projects

Canadian govt charts path for sustainable tidal energy development

The Government of Canada has released the Tidal Energy Task Force’s final report to clarify regulatory requirements for tidal energy projects in the Bay of Fundy with the aim of defining the path for growth of the industry. The Government of Canada noted it was working with the province of Nova Scot

about 2 years ago
California
Business Developments & Projects

US launches $3 billion Clean Ports Program

U.S. Environmental Protection Agency has launched the $3 billion Clean Ports Program to fund zero-emission port equipment and infrastructure to tackle the climate crisis and improve air quality at U.S. ports.

about 2 years ago
Atlantic spirit, vessel from Atlantic Oceanic (UK).
Business Developments & Projects

Atlantic Oceanic buys MPSV as part of its ongoing fleet growth program

Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth program. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-meter-long specialist MPSV equipped with a DP2 dynamic po

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

UK firm expands its portfolio with gas discovery and several prospects West of Shetland

Viaro Energy, through its operating subsidiary RockRose Energy, has secured full ownership interest in a license located West of Shetland.

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

TotalEnergies inks 16-year LNG supply deal with Sembcorp

French energy major TotalEnergies and Sembcorp Fuels, a wholly-owned subsidiary of Singapore-based Sembcorp Industries, have signed a sale and purchase agreement (SPA) for the long-term LNG delivery to Sembcorp. Specifically, the deal entails the delivery of up to 0.8 million tons of LNG per annum (

about 2 years ago
After a year of active tendering, Subsea7's backlog hits year-end level last seen in 2013
Business Developments & Projects

After a year of active tendering, Subsea7’s backlog hits year-end level last seen in 2013

After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the

about 2 years ago
Statfjord field with Statfjord B (for illustration purposes); Credit: Harald Pettersen/Equinor
Business Developments & Projects

Norway’s oil output surpasses expectations but gas falls slightly behind

Even though Norway saw a rise in oil and gas production in January 2023 compared to the volumes recorded during the year before.

about 2 years ago
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