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Image credit ERMA FIRST
Business & Finance

ERMA FIRST’s AMP system recognized as energy saving device

DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr

about 3 years ago
Chevron
Business & Finance

Equinor buys its way into project envisaged as ‘premier regional carbon storage hub’ in US

Equinor has gotten its hands on a stake in a carbon capture and sequestration (CCS) project located along the Texas Gulf Coast.

about 3 years ago
Timi platform; Source: Petronas
Business & Finance

First gas flows from Shell’s field offshore Malaysia

Shell has brought on stream a gas field in Block SK318, which is located approximately 200 km off the coast of Sarawak, offshore Malaysia.

about 3 years ago
Illustration; Source: NKT
Business & Finance

NKT clinches ‘key components’ deal for two power cable projects

NKT has entered into agreements, ensuring production and offshore installation capacity for power cable systems off Scotland.

about 3 years ago
CNOOC, NYK and CMES agree to set up LNG carrier joint venture
Business & Finance

CNOOC, NYK and CMES agree to set up LNG carrier joint venture

CNOOC Energy has signed a project framework agreement with Nippon Yusen (NYK) and China Merchants Energy Shipping (CMES) LNG Project 4 Co. to establish an LNG carrier joint venture with a total investment of €412.6 million (around $446 million). According to a stock exchange filing from 24 August, t

about 3 years ago
Prysmian
Business & Finance

Prysmian pulls off a hat-trick in Germany worth €4.5 billion

Prysmian Group has been picked as the preferred bidder for two offshore grid connection systems and an underground cable project in Germany, which are valued in aggregate at around €4.5 billion or $4.86 billion.

about 3 years ago
Illustration; Source: TGS
Business & Finance

TGS joins forces with Apparition on a mission to boost seismic survey efficiency

TGS is pooling resources with Apparition Geoservices GmbH, thanks to a new long-term collaboration agreement.

about 3 years ago
FPSO Barossa; Source: BW Offshore
Business & Finance

Construction of BW Offshore’s Australia-bound FPSO remains on track

BW Offshore is continuing to make progress on the construction of an FPSO, which is destined to work on a gas field offshore Australia.

about 3 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

BP hands out 10-year deal for well support

Add Energy, a subsidiary of ABL Group, has secured a deal with BP for the provision of well services and emergency well control services.

about 3 years ago
FPSO Baleine; Source: Eni
Business & Finance

Eni brings African oil & gas field on stream less than two years after discovery

Eni has started production from an oil and gas field offshore Côte d’Ivoire less than two years after the discovery in September 2021.

about 3 years ago
FPSO Catcher; Source: BW Offshore
Business & Finance

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
Map of Cyprus offshore blocks; Source: NewMed Energy
Business & Finance

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 & Finance

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 & Finance

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
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