German transmission system operator 50Hertz Transmission GmbH has issued a contract notice for the engineering, procurement, construction and installation (EPCI) of 525 kV cables covering seven onshore and offshore grid connection projects currently under development, as well as future projects. The
The Njord field in the Norwegian Sea has commenced production again, following an extensive six-year upgrade of the platform and the floating storage and offloading vessel (FSO). Production from the Njord field resumed at 16:30 on 27 December, extending the planned field life for another 20 years. C
Port of Koper, a public limited company, which provides port and logistics services in the only Slovenian port, has revealed its plans to encourage and reward low-emission ships by introducing reduced port fees.
South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated K
Due to increases in the liquefied natural gas (LNG) fuel costs and a “non-sustainable financial situation”, Norwegian ferry company Fjord Line has decided to rebuild its two ships from LNG-only engines to dual-fuel LNG / marine gas oil (MGO) engines. “The energy crisis, caused by the Russian invasio
The third 24,100TEU containership built by Chinese shipbuilder Hudong-Zhonghua Shipbuilding for Swiss shipping major Mediterranean Shipping Company (MSC) has been launched.
Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To remind, at the beginning of December, the Group of Seven (G7) nations and Austr
Brazilian oil and gas giant Petrobras has begun the contracting process for two floating, production, storage and offloading (FPSO) production units for the shared reservoirs of Atapu and Sépia deepwater oil fields. The platforms P-84 (Atapu) and P-85 (Sépia) will each have a daily production capaci
German oil and gas company Wintershall Dea is set to implement AGR Software’s iQx time and cost estimation and tracking software for its drilling and well projects in Norway. According to Wintershall Dea, the development will play a role in enabling greater standardization for its well and drilling
Chinese energy company ENN LNG has decided to purchase additional volumes of liquefied natural gas (LNG) from NextDecade’s Rio Grande LNG export project in Brownsville, Texas. Earlier this year, the companies signed a 20-year sale and purchase agreement under which Enn committed to buying 1.5 millio
Dubai-based logistics heavyweight DP World and Saudi Arabia-based Hassana Investment Company, the investment manager for the General Organisation for Social Insurance (GOSI), have agreed on an investment of approximately $2.4 billion in three of DP World’s flagship UAE assets.
TC Energy-led Coastal GasLink has set a strong foundation for the next and final year of construction, with the project achieving more than 80% its completion. The Coastal GasLink team said that among many achievements, the most notable ones include the 100% pipe installation in Sections 1 and 4, th
Norway-based company Inseanergy has made agreements with several aquaculture industry players to supply them with floating solar units and boost their energy transition efforts.
Ocean Network Express (ONE) has signed definitive agreements to acquire a 51% stake in each of TraPac and Yusen Terminals, currently held by Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha respectively. TraPac is a container terminal operator and vessel stevedore that provides container termi
