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GCMD, partners trial two supply chains of biofuel blends on five vessels
Business Developments & Projects

GCMD, partners trial two supply chains of biofuel blends on five vessels

Singapore-based Global Centre for Maritime Decarbonisation (GCMD), together with its consortium partners, has completed trialling two supply chains of biofuel blends from different origins as part of a drop-in biofuels pilot project announced in July 2022. The full pilot involves 19 industry partner

about 3 years ago
TechnipFMC scores another contract with TotalEnergies in Angola
Business & Finance

TechnipFMC scores another contract with TotalEnergies in Angola

TechnipFMC has secured a “significant” contract with TotalEnergies EP Angola for the supply of flexible pipe and associated hardware for a life extension project. The contract covers the engineering, procurement, and supply of flowlines and connectors for the Girassol Life Extension project (GIRLIFE

about 3 years ago
Shell acquires Europe’s largest biomethane producer Nature Energy
Business & Finance

Shell acquires Europe’s largest biomethane producer Nature Energy

Shell Petroleum NV, a wholly-owned subsidiary of Shell plc, has completed the acquisition of 100% of the shares of a Denmark-based renewable natural gas producer (RNG, also known as biomethane) Nature Energy Biogas A/S. By purchasing the shares, Shell has acquired Nature Energy’s portfolio of operat

about 3 years ago
ONE wraps up new biofuel trial on Panamax containership
Business Developments & Projects

ONE wraps up new biofuel trial on Panamax containership

Singapore-based shipping company Ocean Network Express has completed a biofuel trial onboard 4,800 TEU containership MOL Endowment.

about 3 years ago
High offshore wind demand lifts Fugro
Business Developments & Projects

Fugro lands US offshore wind site survey deal

The Netherlands-based Fugro has signed a letter of intent to optimise and perform a site characterisation programme for undisclosed offshore wind development on the U.S. East Coast. The programme is focused on accelerating the construction and operations permitting process and represents Fugro’s lat

about 3 years ago
ACE
Business & Finance

Cepsa, ACE Terminal team up on green hydrogen supply chain

Spanish multinational energy company Cepsa has signed a Memorandum of Understanding (MoU) with the ACE Terminal in the Port of Rotterdam, the Netherlands to create a green hydrogen supply chain. Namely, Cepsa is developing 2GW of green hydrogen at its two Energy Parks in Andalusia, southern Spain, a

about 3 years ago
Triton FPSO; Source: Tailwind
Business & Finance

UK player brings online tie-back to North Sea FPSO

Tailwind Energy has started production from a well in the UK Central North Sea, which has been tied back to the Triton FPSO.

about 3 years ago
Rovco completes decommissioning ops offshore UK
Business Developments & Projects

Rovco completes decommissioning ops offshore UK

Rovco, a UK provider of subsea robotics and integrated survey, has completed a contract awarded by decommissioning services provider Well-Safe Solutions to support its well plug and abandonment decommissioning operations in the Southern North Sea.

about 3 years ago
Perenco to build LNG production unit in Gabon
Business & Finance

Perenco to build LNG production unit in Gabon

Anglo-French oil and gas player Perenco has taken a final investment decision (FID) for the construction of a liquefied natural gas (LNG) production unit in Gabon. The LNG plant will be built at the Cap Lopez oil terminal that Perenco acquired from TotalEnergies in 2021. The planned LNG production u

about 3 years ago
GTT ends 2022 with solid results, growth expected in 2023
Business & Finance

GTT ends 2022 with solid results, growth expected in 2023

French LNG containment specialist GTT has finished the 2022 financial year with solid results, expecting market growth in the coming years. It had consolidated revenues of €307.3 million and consolidated EBITDA of €161.1 million. As pointed out in the report, it achieved a record level of orders, wi

about 3 years ago
Zentech
Business & Finance

U.S. player gets work on rig conversion project covering three jack-ups

New Fortress Energy (NFE) has awarded an engineering and project management contract for the conversion of three jack-up rigs to Zentech.

about 3 years ago
Jerry Kalogiratos CEO & Director at Capital Product Partners L.P.
Green Marine

Capital Product Partners welcomes 7th LNG carrier into the fleet

South Korean shipbuilding major Hyundai Heavy Industries (HHI) has delivered the LNG carrier Asterix I to the Greece-based shipowner Capital Product Partners (CPLP). The shipping company bought the 174,000 cbm LNG carrier Asterix I in June 2022 while the vessel was still under construction at the Ko

about 3 years ago
ORLEN’s first custom-built LNG carrier on its way to deliver LNG from US to Poland
Business Developments & Projects

ORLEN’s first custom-built LNG carrier on its way to deliver LNG from US to Poland

Lech Kaczyński, the first liquefied natural gas (LNG) carrier built for exclusive use by ORLEN Group, has entered service and is on its way to deliver LNG from the US to Poland. PGNiG, an ORLEN Group company specialising in LNG trading, said in a social media update on 19 February that the LNG carri

about 3 years ago
The AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen sets record with world’s first 50GWh of electricity generated by tidal energy

The MeyGen tidal energy project, developed by SIMEC Atlantis Energy, has become the first tidal stream array in the world to generate 50GWh of clean electricity from tidal energy.

about 3 years ago
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