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Business & FinanceBusiness Developments & ProjectsExploration & ProductionInnovationProject & TendersResearch & DevelopmentTechnologyOutlook & StrategyVesselsVisionCarbon Capture Usage & StorageInfrastructurePorts & LogisticsCollaborationAuthorities & GovernmentTransition
Rendering of an LNG terminal
Business & Finance

ADNOC’s XRG enters US LNG scene with stake in Lone Star State’s $18.4B project

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has wrapped up its acquisition of an interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

about 10 months ago
Sunlit Sea updates floating solar project planner with layout suggestions
Business Developments & Projects

Sunlit Sea updates floating solar project planner with layout suggestions

Norwegian company Sunlit Sea has added new functionality to its online floating solar project planner, enabling users to generate layout suggestions within a defined area. The tool provides an overview of the number of floats required to reach a specific project capacity. The company described the p

about 10 months ago
Construction starts on methanol-ready subsea rock installation vessel for offshore wind
Business & Finance

Construction starts on methanol-ready subsea rock installation vessel for offshore wind

Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio

about 10 months ago
Northern Lights
Carbon Capture Usage & Storage

PSW Power & Automation to deliver shore power system for Northern Lights Phase 2

Norway’s electrification solutions provider PSW Power & Automation, part of Scana, has secured a contract to design and deliver a complete shore power system enabling ships at the CO₂ terminal in Øygarden to shut down their generators and be supplied with renewable electricity from the grid.

about 10 months ago
ITOCHU sets sights on establishing ammonia bunkering hub in Japan
Business Developments & Projects

ITOCHU sets sights on establishing ammonia bunkering hub in Japan

ITOCHU has entered into a joint development agreement with TORAY Industries and Uyeno Transtech for an ammonia bunkering hub.

about 10 months ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies to supply South Korean player with LNG until 2033

France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.

about 10 months ago
Geely
Business Developments & Projects

Geely: ‘World’s first’ methanol/hydrogen electric newbuild makes inaugural foray into the world

Earlier this month, Chinese automaker Geely Holding splashed “the world’s first” methanol/hydrogen, hybrid electric multipurpose riverboat, marking what is claimed to be an important step in the application of this type of marine technology in China’s shipping sector. As divulged, the 64 TEU vessel,

about 10 months ago
Illustration; Source: Weatherford
Business & Finance

Weatherford lands eight-year job with European gas producer

U.S. oilfield services company Weatherford International has secured a multi-year assignment with SNGN Romgaz, described as Romania’s largest natural gas producer and main supplier, as well as the third-largest gas producer in Europe.

about 10 months ago
A floating production storage and offloading (FPSO) unit
Business & Finance

Vitol acquires stake in Eni’s Côte d’Ivoire oil & gas development

Italy’s energy giant Eni has finalized the sale of its partial stake in a project offshore Côte d’Ivoire to Vitol, an energy and commodities company.

about 10 months ago
HOPA
Infrastructure

HOPA Ports to breathe new life into Hamilton biodiesel plant

Hamilton-Oshawa Port Authority (HOPA Ports) has taken action to help ensure the preservation and continued operation of the biodiesel facility in Hamilton previously operated by compatriot renewable energy company Biox.

about 10 months ago
India
Authorities & Government

India vows nearly $8B to boost its shipbuilding and maritime ecosystem

The government of India has approved a package encompassing a whopping ₹697.25 billion (approximately $7.86 billion) aimed at rejuvenating the South Asian nation’s shipbuilding and the overall maritime ecosystem. As disclosed by India’s Ministry of Ports, Shipping and Waterways (MoPSW), the financin

about 10 months ago
Tullow expands its oil & gas portfolio in Côte d’Ivoire
Business & Finance

Tullow offloads assets in Kenya after Gabon divestment, adding millions to its balance sheet

UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has wrapped up the sale of its portfolio in Kenya just months after disposing of its non-core assets in Gabon. These two divestments are expected to generate multimillion-dollar cash proceeds, strengthening th

about 10 months ago
Woodside, JSE, KEPCO plot Australia-Japan liquid hydrogen supply chain
Business Developments & Projects

Woodside, JSE, KEPCO plot Australia-Japan liquid hydrogen supply chain

Woodside partnered with JSE and KEPCO to initiate the development of a liquid hydrogen supply chain between Australia and Japan.

about 10 months ago
Nexans cables to extend lifetime of Equinor's Norwegian Sea field
Business & Finance

Nexans cables to extend lifetime of Equinor’s 25-year-old field

Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the

about 10 months ago
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