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Capital Dynamics to acquire 50MW Scottish wind project
Global asset management firm Capital Dynamics has acquired a 100% stake in the 50MW Longhill onshore wind project in...
EXPLORATION & PRODUCTION
REFINING
BP, Oxbotica trial autonomous vehicle for refinery operations
Global oil and gas giant BP, in partnership with Oxbotica, has conducted an autonomous...
Italian group chosen for Heydar Aliyev refinery modernization in Azerbaijan
Italian group Maire Tecnimont has secured contracts for the modernization and reconstruction of Heydar...
Samsung bags $1bn contract for Sarawak methanol plant in Malaysia
Samsung Engineering has won a $1.07bn contract from Sarawak Petchem (Sarawak Petchem) to construct...
RENEWABLES
OFFSHORE
Aker Solutions awarded umbilical contract for Chevron’s Anchor project
Oslo-based engineering company Aker Solutions has secured an umbilical contract for the Anchor project in the US Gulf of Mexico.
Under the contract, the company...
CDWE to build new heavy lift vessel for offshore renewables market
CSBC-DEME Wind Engineering (CDWE) has decided to go ahead with the construction of ‘Green Jade’, a heavy lift and installation vessel to serve offshore...
MMT to conduct surveys on Equinor’s lease area offshore New England
MMT US, a subsidiary of MMT Group, has been chosen to provide geophysical survey services to US offshore wind company Equinor Wind.
Under the contract,...
BP to offload $625m North Sea producing assets to Premier Oil
UK oil and gas giant BP has reached an agreement to sell certain North Sea oil producing assets to Premier Oil for $625m.
The sale...
LNG
TECHNOLOGY
PETRONAS Research takes part in FASTsubsea’s subsea pump development
PETRONAS’ subsidiary PETRONAS Research has signed an agreement with FASTsubsea to participate in the development of a low-cost, topside-less subsea multiphase pump to increase...
BP invests in geospatial analytics software provider Satelytics
BP Ventures has announced an investment of $5m in cloud-based geospatial analytics software company Satelytics.
Satelytics in engaged in monitor environmental changes, including methane emissions,...
McDermott chosen for UK-specific NET Power design
McDermott International has secured a contract from 8 Rivers Capital for its NET Power UK project that aims to generate emission-free electricity.
The project, which...
Wind energy performance optimizer WindESCo secures $10m funding
WindESCo, a wind energy performance optimization company, has secured $10m funding in a Series B round led by WAVE Equity Partners.
The funding round also...