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Navigator Jorf
Business & Finance

Navigator Holdings ties up ethylene quintet in new JV with Greater Bay Gas

Navigator Holdings Ltd., owner and operator of handysize liquefied gas carriers, has entered into a joint venture agreement with Hong Kong-based Greater Bay Gas. The joint venture, owned 60% by Navigator and 40% by Greater Bay Gas, intends to acquire a total of five ethylene vessels over the next fi

about 3 years ago
Sval Energi closes Equinor and Suncor deals worth $1.3 bln
Business & Finance

Sval Energi closes Equinor and Suncor deals worth $1.3 bln

Sval Energi has expanded its portfolio by completing the previously announced acquisition deals with Equinor and Suncor Energy.

about 3 years ago
Illustration/AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Business & Finance

SIMEC Atlantis cuts financial losses despite MeyGen tidal power outages

SIMEC Atlantis Energy has decreased the overall financial loss for the first six months of fiscal 2022, despite the results having been adversely impacted by the service outages at the MeyGen tidal energy project.

about 3 years ago
Petrobras picks Shearwater for large deepewater OBN survey
Business & Finance

Petrobras picks Shearwater for large deepwater OBN survey

Shearwater GeoServices has secured a contract to deliver a large deepwater ocean bottom node (OBN) survey over the Petrobras-operated Grand Iara Project offshore Brazil. The project includes the Berbigão, Sururu, and Shared Reservoir of Atapu in the Santos Basin. It is scheduled to start in the firs

about 3 years ago
SAFEEN inks fuel oil transport and storage deal with Amaan Baghdad
Business & Finance

SAFEEN inks fuel oil transport and storage deal with Amaan Baghdad

AD Ports Group’s SAFEEN Group and Amaan Baghdad Company have signed an agreement on fuel oil transport and storage from Khor Al Zubair and Umm Qasr oil terminals in Iraq. The project is an extension of SAFEEN Group’s portfolio of services into the oil and gas sector and is part of its ongoing expans

about 3 years ago
Official business roundtable with Blueleaf Energy and SunAsia (Courtesy of Blueleaf Energy)
Business & Finance

Macquarie Capital plans floating solar investment in Southeast Asia

Macquarie Capital has signed a letter of intent to invest in the development of floating solar projects in the Philippines through its portfolio company Blueleaf Energy.

about 3 years ago
Expro wraps up P&A campaign at first Irish indigenous gas wells
Business & Finance

Expro wraps up P&A of first Irish indigenous gas wells

UK-headquartered energy services provider Expro has completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells. Expro provided integrated subsea and well test services over a period of eight months to intervene, plug and abandon subsea wells from a mobile offshore drilling unit

about 3 years ago
Australia’s LNG exporters forecast to pay extra $9 billion to governments
Business & Finance

Australia’s LNG exporters forecast to pay extra $9 billion to governments

Australia’s liquefied natural gas (LNG) exporters are set to almost triple their financial contribution to the public this financial year, according to new preliminary forecasts compiled by the Australian Petroleum Production & Exploration Association (APPEA). The exporters are forecasted to pay an

about 3 years ago
Equinor getting ready to spud North Sea well in December
Business & Finance

Equinor getting ready to spud North Sea well in December

Equinor has secured a drilling permit from the country’s authorities for an appraisal well in the North Sea off Norway.

about 3 years ago
Gumusut-Kakap - Malaysia - Shell
Business & Finance

Shell to invest in another deepwater project in Malaysia

Shell has taken a final investment decision on Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater development project in Malaysia.

about 3 years ago
Noble Corp. - Maersk Drilling merger
Business & Finance

‘A defining moment in the history of offshore drilling’ as Noble-Maersk merger closes

The business combination between Noble Corporation and Maersk Drilling has been completed, creating “a new and dynamic leader in offshore drilling.”

about 3 years ago
valenciaport
Business & Finance

Valenciaport boosts investment in solar power

Spanish Valenciaport has approved the second photovoltaic plant project to be located on the Valencia Terminal Europa vehicle storage facility, in line with its target of becoming a zero-emission port by 2030.

about 3 years ago
New Brazilian assignment for Solstad vessel
Business & Finance

New Brazilian assignment for Solstad vessel

Norwegian offshore vessel owner Solstad Offshore has been awarded a new contract offshore Brazil for one of its PSVs.

about 3 years ago
Sumitomo and LOTTE to jointly pursue hydrogen and ammonia projects
Business & Finance

Sumitomo and LOTTE to jointly pursue hydrogen and ammonia projects

Japanese general trading company Sumitomo Corporation and South Korean chemical manufacturer LOTTE Chemical have agreed to collaborate on hydrogen and ammonia, accelerating efforts to achieve a decarbonised society in their respective countries. Sumitomo and LOTTE Chemical have signed a memorandum o

about 3 years ago
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