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Business Developments & Projects

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FPSO Catcher; Source: BW Offshore
Business Developments & Projects

BW Offshore secures $200 million financing for North Sea FPSO

BW Offshore has signed a new $200 million facility, refinancing its existing senior secured credit facility for an FPSO working in the UK.

about 3 years ago
CSSC Shipping’s third LNG carrier aces gas trials
Business Developments & Projects

CSSC Shipping’s third LNG carrier aces gas trials

China’s Hudong-Zhonghua Shipbuilding has completed gas trials of the third LNG carrier built for CSSC Shipping, the financial leasing entity of China State Shipbuilding Corporation (CSSC). Hudong-Zhonghua said the vessel completed the gas trial in only five days and returned to the yard on 11 August

about 3 years ago
HD Hyundai LNG-pšowred bulker with AI driver
Business Developments & Projects

HD KSOE builds world’s 1st ship featuring an ‘AI engineer’

South Korea’s shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE), the intermediate holding company for shipbuilding under HD Hyundai, has constructed and delivered the world’s first ship equipped with an ‘AI engineer’. The company has delivered and installed an AI-based engine a

about 3 years ago
Map of Cyprus offshore blocks; Source: NewMed Energy
Business Developments & Projects

Is Chevron going back to the drawing board for gas development off Cyprus?

After Cyprus shot down an updated plan for the development of an offshore gas field, Chevron will need to engage in further talks.

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business Developments & Projects

In focus: Transition, one step at a time

When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.

about 3 years ago
BOKA Ocean vessel; Source: Boskalis
Business Developments & Projects

New addition to Boskalis fleet undergoing conversion to cable-laying vessel

Boskalis has expanded its fleet with a new vessel currently getting ready to be converted from a pipe-laying vessel to a cable-laying one.

about 3 years ago
Goodwyn Alpha; Source: Woodside
Business Developments & Projects

Woodside irons out deal to ward off strike at Australian gas assets but Chevron still in hot water

Woodside has reached an in-principle agreement with the Australian Workers’ Union (AWU), the Electrical Trades Union, and other bargaining representatives on an enterprise agreement (EA) covering 150 employees on its North West Shelf offshore platforms, in a bid to avert industrial action.

about 3 years ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business Developments & Projects

Equinor getting ready to spud two North Sea wells with Shelf Drilling and Transocean rigs

Equinor has received consent from the country’s offshore safety regulator to use rigs owned by Shelf Drilling and Transocean for drilling activities in the North Sea off Norway.

about 3 years ago
SunAsia Energy and Blueleaf Energy to develop floating solar plant in Laguna Lake
Business Developments & Projects

SunAsia Energy and Blueleaf Energy to develop floating solar plant in Laguna Lake

SunAsia Energy and its investment partner Blueleaf Energy have signed the lake lease agreements with the Launa Lake Development Authority (LLDA), securing the right to develop and construct what is said to be one of the world’s largest floating solar projects on Laguna Lake in the Philippines. Bluel

about 3 years ago
Illustration; Source: Subsea 7
Business Developments & Projects

Subsea 7 scoops up Gulf of Mexico work with Talos

Subsea 7 has sealed a deal with Talos Energy, which will enable it to deliver solutions for subsea EPCI projects in the Gulf of Mexico.

about 3 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Business Developments & Projects

Neptune all set to kick off North Sea drilling ops with Odfjell Drilling-managed rig

Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.

about 3 years ago
TechnipFMC
Business Developments & Projects

TechnipFMC’s new job off Israel bringing Energean’s discovery closer to first gas

TechnipFMC has agreed to a letter of award (LOA) that will expedite its provision of an integrated front-end engineering and design (FEED) study for Energean’s natural gas discovery in the Mediterranean Sea, offshore Israel.

about 3 years ago
More work for Técnicas Reunidas at QatarEnergy’s LNG expansion project
Business Developments & Projects

More work for Técnicas Reunidas at QatarEnergy’s LNG expansion project

State-owned oil and gas company QatarEnergy has awarded Spanish engineering firm Técnicas Reunidas additional engineering, procurement and construction (EPC) work on its North Field South project. The award, which is the fourth from Qatar Energy to Técnicas Reunidas in the last two years, has a valu

about 3 years ago
Hellenic Cables Gennaker export cable systems
Business Developments & Projects

Hellenic Cables wins Gennaker export cable contract

Greek cable manufacturer Hellenic Cables has been awarded a contract by 50Hertz Offshore GmBH for the turnkey delivery of two export cable systems for the interconnection to the German grid of the western offshore substation of the Gennaker offshore wind farm, located in the German Baltic Sea. Helle

about 3 years ago
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