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Business Developments & Projects

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Cambo FPSO design; Source: Sevan SSP
Business Developments & Projects

Ithaca buying Shell’s stake in UK’s ‘second largest undeveloped oil and gas discovery’

Shell has wrapped up a marketing process with Ithaca Energy for its interest in the controversial Cambo offshore development.

about 2 years ago
Resen Waves’ Smart Power Buoy (Courtesy of Resen Waves)
Business Developments & Projects

Resen Waves puts company and tech on sale

Danish company Resen Waves is looking to sell the company or patent and know-how for its wave energy technology after 12 years of development.

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

Sembcorp in talks with Conrad to finalise gas sales agreement for offshore field

Conrad Asia Energy is working on ironing out a definitive gas sales agreement with Sembcorp for a gas field located offshore Indonesia.

about 2 years ago
Funding in place for hydrogen-fuelled USV
Business Developments & Projects

Funding awarded for hydrogen-fuelled USV

SEA-KIT International has secured funding from the Zero Emissions Vessels and Infrastructure (ZEVI) competition to design and manufacture a hydrogen-fuelled uncrewed surface vessel (USV). The Zero Emissions Ports Hydrogen Refilling Survey Vessel (ZEPHR) project aims to extend vessel operation for po

about 2 years ago
FPU Trunojoyo 01 working on Madura gas fields' complex; Source: OceanSTAR
Business Developments & Projects

Bumi Armada, Pertamina and DMP join forces to bring FLNG project to life

Bumi Armada will pool resources for the development and commercialisation of LNG from multiple Indonesian fields with Pertamina and DMP.

about 2 years ago
Elogen partners up for green hydrogen solutions in Asia Pacific
Business Developments & Projects

Elogen and Valmax pen new electrolyzer supply deal

Elogen, a GTT group company, has signed a new contract with Valmax Technology, a system integrator for energy solutions in the hydrogen sector, to design and manufacture a proton exchange membrane (PEM) electrolyzer with a power of 2.5 MW. The electrolyzer, with a production capacity of up to 1 ton

about 2 years ago
HHLA
Business Developments & Projects

MSC vows to acquire a 49% shareholding in Hamburg’s HHLA

A wholly owned subsidiary of MSC Mediterranean Shipping Company, the world’s largest container shipping company, has revealed plans to acquire a substantial 49% shareholding in HHLA Hamburger Hafen und Logistik AG, a prominent port operation, container transport, and logistics group headquartered in

about 2 years ago
Bernard Looney, BP's outgoing CEO; Source: BP
Business Developments & Projects

After its CEO steps down, BP puts current CFO in charge on interim basis

BP has decided to appoint its current CFO as its interim Chief Executive Officer, following the resignation of Bernard Looney from the role.

about 2 years ago
Avenir LNG awards Wilhelmsen with LNG bunker trio management
Business Developments & Projects

Avenir LNG awards Wilhelmsen with LNG bunker trio management

U.K.-based small-scale LNG company Avenir LNG has announced that Norway’s Wilhelmsen Ship Management will manage three of its LNG bunker vessels. The vessels awarded are Avenir Achievement, Avenir Ascension and Avenir Aspiration. They were previously managed by Hoegh LNG, one of three blue-chip shar

about 2 years ago
Aquanaut; Source: Nauticus Robotics
Business Developments & Projects

Nauticus and MMA Offshore enhancing subsea infrastructure maintenance in Asia-Pacific

Nauticus Robotics has expanded its global footprint by inking a MoU to deploy its autonomous subsea robots in the Asia Pacific region.

about 2 years ago
Maran gas LNG Tanker Maran Gas Chios
Business Developments & Projects

Maritime giants unite in methane abatement trial on Angelicoussis Group’s LNG carrier

Major maritime industry players led by Greek shipping company Maran Gas Maritime and Swiss-based climate tech firm Daphne Technology have joined forces on a methane abatement project involving one of Angelicoussis Group’s LNG carriers, the Maran Gas Chios. Under the project, Daphne Technology’s Slip

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

BW Energy brings on stream fourth well off Gabon as Borr rig spuds fifth one

BW Energy has started production from the fourth well in its multi-well programme offshore Gabon.

about 2 years ago
Shenzi field; Source: BHP
Business Developments & Projects

First oil flows from Gulf of Mexico project ahead of schedule

Woodside has brought on stream a deepwater oil project in the U.S. Gulf of Mexico ahead of the targeted first oil in 2024.

about 2 years ago
Valaris DS-15 drillship; Source: Valaris
Business Developments & Projects

BP hires Valaris drillship and jack-up for work in Brazil and Indonesia

Valaris has secured a new contract and extension for a drillship and a jack-up rig, which will carry out drilling operations in Brazil and Indonesia, respectively.

about 2 years ago
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