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Business Developments & Projects

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ExxonMobil orders TechnipFMC subsea production system for Guyana project
Business Developments & Projects

ExxonMobil orders TechnipFMC subsea production system for Guyana project

TechnipFMC has secured a “large” contract by ExxonMobil to deliver a subsea production system for a recently sanctioned oil development project in Stabroek block offshore Guyana. Under the contract awarded by ExxonMobil affiliate Esso Exploration and Production Guyana, TechnipFMC will provide projec

about 3 years ago
DSME LNG carrier
Business Developments & Projects

DSME sets sail for a fresh start reborn as Hanwha Ocean

South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was

about 3 years ago
Suriname PSC signing ceremony; Source: QatarEnergy
Business Developments & Projects

Suriname calling as two offshore blocks open country’s exploration doors for QatarEnergy

QatarEnergy has entered into two production sharing contracts (PSCs) for two blocks offshore Suriname, following successful bids for these blocks.

about 3 years ago
FPSO_Fluminense; Source: MODEC
Business Developments & Projects

Shell on the verge of doling out contract to M.A.R.S. for recycling of Brazilian FPSO

Shell has awarded a green recycling LNTP agreement to Modern American Recycling Services, Europe (M.A.R.S.) for an FPSO working off Brazil.

about 3 years ago
Illustration; Source: James Fisher AIS
Business Developments & Projects

Digital transformation ‘paramount’ for Africa to reap the benefits of oil & gas boom

Africa is lagging behind in its digital uptake, which is putting at risk its ambition to become a gas-powered economy by 2030.

about 3 years ago
VLAC
Business Developments & Projects

EPS, Jiangnan ink deal for construction of world’s largest ammonia carriers

Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has signed a contract with Singaporean shipping company Eastern Pacific Shipping (EPS) for the construction of four Very Large Ammonia Carriers (VLAC) with a capacity of 93,000 cubic meters. The Chinese shipbuilder s

about 3 years ago
Coastal GasLink ends winter season with nearly 87% of construction complete
Business Developments & Projects

Coastal GasLink ends winter season with nearly 87% of construction complete

TC Energy-led Coastal GasLink has entered spring with nearly 87% of construction complete. In an April update on its official website, it listed the following achievements: More specifically, in regard to the project’s sections individually, Coastal GasLink noted that while pipe installation is comp

about 3 years ago
Piet Opstaele, the new CEO of Blue Cluster (Courtesy of Blue Cluster)
Business Developments & Projects

Belgian Blue Cluster gets new chief

The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.

about 3 years ago
Opponents of Rügen LNG plans submit petition to Bundestag committee
Business Developments & Projects

Opponents of Rügen LNG plans submit petition to Bundestag committee

After collecting tens of thousands of signatures on the petition, opponents of the planned LNG terminal off Rügen in Germany have presented their concerns to the Bundestag’s petitions committee regarding the inclusion of this location in the LNG Acceleration Act. With support from the German Environ

about 3 years ago
BM-C-33 project; Source: Equinor
Business Developments & Projects

Equinor unveils $9 billion investment in oil & gas project off Brazil

Equinor has made a final investment decision for an oil and gas project in the Campos Basin offshore Brazil.

about 3 years ago
FPSO Anna Nery; Source: Yinson
Business Developments & Projects

New FPSO comes on stream off Brazil

A new FPSO unit for Petrobras’ revitalisation project in Campos Basin offshore Brazil, has started production.

about 3 years ago
The NPS Green Lake floating solar plant (Courtesy of Sungrow)
Business Developments & Projects

Multi-megawatt floating solar farm comes online in Thailand

The NPS Green Lake floating solar project, with a total capacity of 60MW, has been connected to the grid in Thailand.

about 3 years ago
Hudong-Zhonghua builds 4th LNG carrier for CSSC Shipping
Business Developments & Projects

Hudong-Zhonghua builds 4th LNG carrier for CSSC Shipping

Chinese shipyard Hudong-Zhonghua Shipbuilding has launched the fourth 174,000 cubic metre LNG carrier it built for CSSC Shipping. According to the shipbuilder, the undocking ceremony for the ship with the working name H1830A took place on 4 May. The LNG carrier has a total length of 295 metres, a wi

about 3 years ago
The 3000m-rated Seaeye Leopard ROV (Courtesy of Saab Seaeye)
Business Developments & Projects

Saab’s Seaeye ROV finds work at Polish oil fields in Baltic Sea

LOTOS Petrobaltic, part of multi-energy concern ORLEN, has ordered Saab’s Seaeye Leopard work class robotic vehicle to service underwater infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.

about 3 years ago
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