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Business Developments & Projects

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Aker Solutions, Subsea7 and SLB joint venture closes
Business Developments & Projects

Aker Solutions, Subsea7 and SLB joint venture closes

Subsea7, SLB and Aker Solutions have closed the previously announced joint venture which will operate under the OneSubsea name. OneSubsea now comprises SLB’s and Aker Solutions’ subsea businesses, which include complementary subsea production and processing technology portfolio, manufacturing scale

about 2 years ago
FEED work begins on blue hydrogen project on Teesside
Business Developments & Projects

FEED work begins on blue hydrogen project on Teesside

Aberdeen-based energy infrastructure company Kellas Midstream has started front-end engineering design (FEED) work on its H2NorthEast hydrogen project in Teesside. H2NorthEast is strategically located at the CATS (Central Area Transmission System) gas terminal on Teesside, an area committed to becom

about 2 years ago
Hexagon Purus to deliver hydrogen fuel storage system for training ship in Norway
Business Developments & Projects

Hexagon Purus to deliver hydrogen fuel storage system for training ship in Norway

Danish Hvide Sande Shipyard has ordered a hydrogen fuel storage system for a training ship from Hexagon Purus Maritime, a wholly-owned subsidiary of Norwegian Hexagon Purus. Under the purchase order, Hexagon Purus Maritime will deliver its hydrogen fuel storage system incorporating type 4 hydrogen c

about 2 years ago
Yggdrasil power from shore project; Source: Aker BP
Business Developments & Projects

Aker BP hands out another multi-million deal for North Sea power from shore project

Aker BP has picked Multiconsult Norge for work on a power from shore project at a recently sanctioned development in the North Sea.

about 2 years ago
Jan De Nul orders world's largest cable-laying vessel from China
Business Developments & Projects

Jan De Nul orders world’s largest cable-laying vessel from China

Jan De Nul has placed an order for an extra-large cable-laying vessel (CLV) at China’s CMHI Haimen shipyard, which, with its cable-carrying capacity of 28,000 tonnes, is said to be the world’s largest. Named Fleeming Jenkin, the CLV will be equipped with three cable carousels, two mounted on deck an

about 2 years ago
IDD project's FPU off Kalimantan, Indonesia; Source: Chevron
Business Developments & Projects

Eni’s ‘significant’ new gas discovery opens doors to potential production hub tied to Bontang LNG

Italian oil and gas giant Eni has made a new gas discovery in the Kutei Basin offshore Indonesia, which comes with the potential to contribute substantially to the creation of a new production hub in the northern part of the basin.

about 2 years ago
Kawasaki Heavy delivers LPG-fueled LPG/ammonia carrier to Eneos
Business Developments & Projects

Kawasaki Heavy delivers LPG-fueled LPG/ammonia carrier to Eneos

Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered a new LPG-powered LPG/ammonia carrier to compatriot Eneos Ocean Corporation. The vessel, named Eneos Gunjo, was delivered on September 29, 2023, as the second of Kawasaki’s LPG-fueled LPG/ammonia carriers with 86,700 cubic meter capa

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

UK oil & gas firm hits pause on farm-out for asset off Ireland to spruce up subsurface imaging

Europa Oil & Gas has decided to temporarily halt the farm-out process for a license located offshore Ireland.

about 2 years ago
Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling
Business Developments & Projects

More work to keep Shelf Drilling rig busy until mid-2024

Shelf Drilling has secured a new contract extension for one of its jack-up rigs for operations on the UK Continental Shelf (UKCS).

about 2 years ago
In focus: Advanced economies should pave the energy transition way as 'bolder action' is needed
Business Developments & Projects

In focus: Advanced economies should pave the net-zero way as bolder action is needed

Although achieving the current net-zero targets is still possible due to the fast-paced development of clean energy technologies, experts believe that we need to make moves that are more strategic.

about 2 years ago
Fatih drillship; Source: Turkish Ministry of Energy and Natural Resources
Business Developments & Projects

Türkiye’s drillship kicks off drilling ops in Black Sea

TPAO has started drilling a new well in the Black Sea in a search for more hydrocarbons to further strengthen the country’s energy security.

about 2 years ago
Illustration/Artist’s impression of Swansea Bay Tidal Lagoon (Courtesy of Tidal Lagoon Power)
Business Developments & Projects

Welsh government starts assessing applications for tidal lagoon challenge

The Welsh government has started the review of 10 applications received from more than 20 organizations as part of its €860,000 (£750,000) Tidal Lagoon Challenge.

about 2 years ago
Double win for Baker Hughes offshore Norway
Business Developments & Projects

Double win for Baker Hughes offshore Norway

Baker Hughes has secured two contracts with Norwegian oil and gas company Vår Energi, said to strengthen its North Sea presence for exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement that will utilize Baker Hughes’ well inter

about 2 years ago
Hutchinson Ports
Business Developments & Projects

Hutchison Ports YANTIAN kicks off 1st green shipment for ZTE

Hutchison Ports YANTIAN hosted a ceremony on Thursday, September 28, for the inaugural green marine shipment for ZTE Corporation. The cargo, transported via rail from Changsha, Hunan province, has now been loaded onto Hapag-Lloyd’s 24,000-TEU dual-fuel vessel Berlin Express en route to the Port of R

about 2 years ago
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