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Business Developments & Projects

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FPSO Griffin Venture; Source: BHP
Business Developments & Projects

All-systems-go for Woodside to embark on subsea infrastructure decom ops off Australia

Woodside has received a stamp of approval for an environment plan (EP), covering decommissioning, and dismantling activities at a field off the coast of Australia.

about 2 years ago
Corvus Energy appoints new CEO
Business Developments & Projects

Corvus Energy appoints new CEO

The Board of Norway-based energy storage company Corvus Energy has appointed Fredrik Witte as the new CEO, starting January 1st, 2024. Witte joins from his position as the Managing Director of Cargill Aqua Nutrition. “Corvus Energy is entering an important phase where the company will continue to bu

about 2 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd opens technology center in India

German container shipping company Hapag-Lloyd has launched a new technology center in India which will be developing smart software solutions for the maritime sector.

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

Hybrid interconnector projects in North Sea and Baltic Sea beef up Europe’s green energy ties

Three hybrid interconnector projects in the North Sea and Baltic Sea are among the proposed cross-border energy infrastructure projects, which underpin the EU’s climate and net zero drive.

11 minutes read
Agbami field; Source: Equinor
Business Developments & Projects

Equinor disposes of its Nigerian business and stake in Chevron’s offshore oil field

Equinor is in the process of exiting Nigeria, thanks to a deal with Chappal Energies to sell its Nigerian business, which entails a stake in a Chevron-operated oil field.

about 2 years ago
Ashtead Technology Chief Executive, Allan Pirie with Founder and Chairman of ACE Winches, Alfie Cheyne; Source: Ashtead Technology
Business Developments & Projects

UK subsea firm broadens its horizons with acquisition of compatriot player

Ashtead Technology is augmenting its global offering by acquiring the entire share capital of Rathmay Limited, the parent company of ACE Winches, from its founders Alfie and Valerie Cheyne, for a total cash consideration of £53.5 million (almost $67.7 million) on a cash and debt free basis.

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

Operator closing in on environmental stamp of approval for drilling ops off Timor-Leste

Baron Oil has reached the first of three steps in securing environmental approvals for the drilling and testing of an appraisal well at a block offshore Timor-Leste.

about 2 years ago
Northern Lights LCO2 carrier
Business Developments & Projects

Northern Lights’s LCO2 carrier pair hits 60% completion milestone

The construction of the first two Northern Lights’ ships has surged past the 60% completion mark, signaling substantial strides in the creation of what has been described as the world’s first large vessels tailor-made for liquified CO2 transport, the company said. The Northern Lights project, a join

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

Go-ahead for Equinor to embark on drilling activities with Transocean rig

Equinor has received consent to use one of Transocean’s semi-submersible rigs on two fields located in the North Sea and Norwegian Sea, respectively.

about 2 years ago
Noble Integrator jack-up rig; Source: Noble Corporation
Business Developments & Projects

Harbour Energy gearing up to kick off North Sea ops with Noble rig

Harbour Energy has secured a drilling permit to spud a wildcat well in the North Sea, using one of Noble Corporation’s jack-up rigs.

about 2 years ago
Illustration/Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Business Developments & Projects

Scottish Renewables: ‘Seastar spells the start of a new chapter in the tidal energy story’

Scottish Renewables has welcomed the announcement about €20 million secured from the EU for a 4MW tidal energy project that will be deployed offshore Scotland and led by Nova Innovation.

about 2 years ago
Uni-Mini and hybrid Uni-Max USVs; Source: Unique Group
Business Developments & Projects

UAE player expands its USV fleet with two vessels

Unique Group has broadened its unmanned surface vessel (USV) portfolio with the launch of two new models.

about 2 years ago
Partners initiate feasibility study on hydrogen/ammonia value chain in Thailand
Business Developments & Projects

Partners initiate feasibility study on hydrogen/ammonia value chain in Thailand

Mitsui O.S.K. Lines (MOL), Electricity Generation Authority of Thailand (EGAT), Mitsubishi Company, and Chiyoda Corporation have kicked off a feasibility study on establishing a clean hydrogen and ammonia value chain derived from renewable energy sources in Thailand. To mark the start of the feasibi

about 2 years ago
New green hydrogen and PtX solutions company Rely formally established
Business Developments & Projects

New green hydrogen and PtX solutions company Rely formally established

Technip Energies, an engineering and technology company, and John Cockerill, a designer and manufacturer of large-scale technological solutions, have finalized the creation of Rely, a new company dedicated to integrated green hydrogen and Power-to-X (PtX) solutions. Headquartered in Brussels, Belgiu

about 2 years ago
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