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Liquid Wind seeks environmental permit for second green electrofuel facility
Business Developments & Projects

Liquid Wind seeks environmental permit for second green electrofuel facility

Swedish electrofuel developer Liquid Wind has submitted an application seeking an environmental permit for its second commercial-scale green electrofuel facility FlagshipTWO, located in Sundsvall. Liquid Wind has applied for the environmental permit for the 100,000-ton FlagshipTWO at the Land and En

about 3 years ago
EverWind Fuels receives environmental approval for Point Tupper project
Authorities & Government

EverWind Fuels receives environmental approval for Point Tupper project

Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia, has issued an environmental approval to EverWind Fuels, developer of green hydrogen and ammonia production, for the initial phase of the $6 billion, 1 million tonnes per annum green hydrogen and green ammonia proj

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
Authorities & Government

As FPSO repairs near completion, Australian field still on track to come back online this month

With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.

about 3 years ago
ExxonMobil agrees to purchase 2 mtpa of LNG from Mexico Pacific
Business & Finance

ExxonMobil agrees to purchase 2 mtpa of LNG from Mexico Pacific

Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, has signed two long-term sale and purchase agreements (SPAs) with ExxonMobil LNG Asia Pacific for the sale of a combined 2 million tonnes per annum (mtpa) of LNG. As per agreements, the ExxonMobil affiliate will buy 2

about 3 years ago
Repsol picks Parisian firm for subsea job offshore Mexico
Business & Finance

Repsol picks Parisian firm for subsea job offshore Mexico

France-headquartered DORIS has secured a contract with Spanish oil company Repsol to deliver concept engineering of the subsea production system (SPS) and subsea umbilical, riser, and flowline (SURF) for a project offshore Mexico. The Parisian company signed a contract with Repsol Exploración México

about 3 years ago
Vincent Clerc, CEO of Maersk
Business & Finance

Maersk reports extraordinary 2022 results, assigns up to $11bn CAPEX for integration and decarbonization

Container shipping heavyweight A.P. Moller – Maersk has reported exceptional financial results for the year 2022. Despite the abnormal market conditions caused by the COVID-19 pandemic, the company managed to deliver solid performance across all its businesses, resulting in the best financial result

about 3 years ago
West Jupiter drillship; Source: Seadrill
Business & Finance

Seadrill drillship kicks off its gig off Brazil

Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.

about 3 years ago
RWE, LOTTE and Mitsubishi eye large-scale ammonia project in Port of Corpus Christi
Business Developments & Projects

RWE, LOTTE and Mitsubishi eye large-scale ammonia project in Port of Corpus Christi

RWE, LOTTE Chemical Corporation and Mitsubishi Corporation have agreed to jointly study the development of a large-scale integrated clean ammonia production and export project in Port of Corpus Christi, Texas, US. To this end, the parties have signed a joint study agreement (JSA) with a strategic al

about 3 years ago
TECO 2030, Shell, and partners launch HyEkoTank project
Business Developments & Projects

TECO 2030, Shell, and partners launch HyEkoTank project

TECO 2030, Shell, and consortium partners have started the HyEkoTank project which has been awarded a €5 million grant under the European funding scheme HORIZON EUROPE. The project started on 1 February and is planned to last for 3 years, with the ultimate goal of eliminating emissions during voyage

about 3 years ago
Helgoland
News

HPC to look into Helgoland’s potential to become hydrogen bunkering hub

The municipality of Helgoland has commissioned HPC Hamburg Port Consulting, a German-based consulting firm, to carry out a concept study for the construction of a hydrogen bunker station on the deep-sea island. The study will require HPC to investigate the commercial and infrastructural suitabilit

about 3 years ago
Noble Resilient (former Maersk Resilient) jack-up rig; Source: Maersk Drilling
Business & Finance

Shell’s UK prospect seen as one of North Sea’s ‘largest natural gas discoveries’ in over a decade

Shell has completed flow test results for the Pensacola well in the North Sea, which is said to have opened a new Zechstein play in this mature basin.

about 3 years ago
Allseas to install pipeline for Eastern Mediterranean gas field expansion project
Business & Finance

Allseas to install pipeline for Eastern Mediterranean gas field expansion project

Allseas has been appointed to carry out the pipeline installation scope for phase one of a gas field expansion project in the Eastern Mediterranean. The company’s vessels Solitaire and Oceanic will execute the work comprising approximately 150 kilometers of 20-inch pipeline from the Tamar field to t

about 3 years ago
BP
Business & Finance

‘Performing while transforming’ pays off for BP as it joins other oil majors in profit bonanza

After BP more than doubled its annual profit in 2022 on the back of high oil and gas prices, the oil major is now caught in environmentalists’ crosshairs.

about 3 years ago
Oman LNG taps into Chinese market under new supply deal with UNIPEC
Business & Finance

Oman LNG taps into Chinese market under new supply deal with UNIPEC

Oman LNG has signed a binding term-sheet agreement with China International United Petroleum and Chemical Co. (UNIPEC) to supply 1 million metric tonnes per annum (mtpa) of LNG starting in 2025. UNIPEC has become the latest beneficiary of the Omani LNG, marking the first LNG term deal with a Chinese

about 3 years ago
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