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Business Developments & Projects

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Courtesy of Corinth Pipeworks
Business Developments & Projects

Snam hires Greek firm for pipeline works on new FSRU project off Ravenna

Greek company Corinth Pipeworks has secured a contract with Italian energy player Snam to manufacture and supply steel pipes for the development of an offshore and onshore natural gas pipeline for a floating storage and regasification unit (FSRU) to be deployed offshore Ravenna, Italy. Under the con

about 2 years ago
GKinetic's 12kW hydrokinetic unit in LImerick city (Courtesy of GKinetic Energy)
Business Developments & Projects

GKinetic demonstrates hydrokinetic device as part of +CityxChange project

Irish company GKinetic Energy has showcased one of its 12kW hydrokinetic devices in the heart of Limerick city as part of the €30 million +CityxChange project.

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

With two oil & gas discoveries in hand, Bumi Armada set to provide FPSO and FLNG or gas pipeline for Indonesian project

Bumi Armada, and Pexco Tarakan have inked a production sharing contract (PSC) for an exploration block in the Tarakan Basin.

about 2 years ago
Subsea work extension keeps Maersk Supply Service in Angola
Business Developments & Projects

Subsea work extension keeps Maersk Supply Service in Angola

Maersk Supply Service has secured a contract extension under which it will continue supporting subsea operations offshore Angola for an additional 15 months. The Danish company reported on September 25 that a customer had extended the contract for the 2017-built subsea support vessel Maersk Involver

about 2 years ago
BlueNord
Business Developments & Projects

Norwegian firm pulls out of mini oil & gas licensing round in North Sea

BlueNord has dropped out of a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish North Sea.

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business Developments & Projects

Several wells on drilling agenda in 2024 for giant Black Sea gas field

Trillion Energy has unveiled plans for the rest of 2023 along with its 2024 multi-well drilling program at a gas field in the Black Sea.

about 2 years ago
Seafarers
Business Developments & Projects

Seafarers’ unions strike deal for a 6 pct pay hike

Seafarers’ unions and maritime employers have signed a four-year agreement that will see significant wage increases and dozens of workplace protections and improvements for over 250,000 seafarers’ serving on more than 10,000 vessels. The International Bargaining Forum (IBF), the forum that negotiate

about 2 years ago
QED Naval’s SubHub platform being towed to site in Langstone Harbour (Courtesy of QED Naval)
Business Developments & Projects

Interview: To help boost confidence and give clear direction for tidal energy, UK government should set 1GW target for 2035

Jeremy Smith, CEO of QED Naval and its Welsh subsidiary Mor Energy, talked with Offshore Energy about the funding it received in the latest UK government’s contracts for difference auction, the Subhub tidal energy technology, the issues the sector is facing in the UK and what can be done to accelera

about 2 years ago
Ammonia
Business Developments & Projects

MAN ES unleashes a wave of innovation with 37 ammonia tech patent applications

German engine manufacturer MAN Energy Solutions has filed an impressive 37 patent applications as part of its research and development process for an ammonia-powered marine engine. The company has so far completed 71,000 R&D man hours, equalling 48 R&D man years. Investigating the combustibility of

about 2 years ago
Ulstein tasked with converting two PSVs to geotechnical vessels
Business Developments & Projects

Ulstein tasked with converting two PSVs into geotechnical vessels

Ulstein Design & Solutions has secured a contract with Fugro to redesign and convert two platform supply vessels (PSVs) into geotechnical vessels. Fugro said that by retrofitting the ULSTEIN PX121 design Fugro Resilience and Topaz Endurance PSVs, both built in 2015, it could unlock their versatile p

about 2 years ago
Construction starts on NYK Cruises’ LNG-powered Asuka III
Business Developments & Projects

Construction starts on NYK Cruises’ LNG-powered Asuka III

Construction of the new cruise ship for NYK Cruises, a division of Japanese shipping company NYK, has begun at German shipyard Meyer Werft with a steel-cutting ceremony.

about 2 years ago
Pluto LNG Plant; Source: Woodside
Business Developments & Projects

KBR wins EPC contract for Pluto LNG project

U.S. engineering company KBR has been awarded an engineering, procurement and construction (EPC) management contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture. Under the contract, KBR will undertake modifications to train 1 of Woodside’s Pluto LNG facility, located

about 2 years ago
North field off Qatar; Source: QatarEnergy LNG
Business Developments & Projects

Saipem picks Chinese player for Qatar-bound offshore gas platform

Saipem has hired China’s Bomesc to build a compression facility for an offshore natural gas project off the northern coast of Qatar.

about 2 years ago
Danes order Chinese submarine cables for €8.5 million
Business Developments & Projects

Danes order Chinese submarine cables for €8.5 million

Denmark’s transmission system operator (TSO) Energinet has awarded China’s Zhongtian Technology Submarine Cable (ZTTSC) with a contract for the delivery of submarine cable for Danish waters. Energinet selected ZTTSC for the delivery of approximately 12 kilometers of 145 kV submarine cable system to

about 2 years ago
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