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Louisiana LNG
Business & Finance

$17.5 billion Louisiana LNG project surges ahead with new construction milestone

As America’s energy policy continues to assert dominance across the global power sector, especially in relation to the liquefied natural gas (LNG) construction boom, which is reshaping the U.S. Gulf’s energy landscape, a development in Calcasieu Parish, Louisiana, operated by Australia’s Woodside En

about 10 months ago
Intermoor and Jumbo Offshore have forged a strategic alliance to advance offshore energy projects; Courtesy of Acteon
Business & Finance

Acteon-Jumbo partnership’s end-to-end offering enriches offshore oil & gas and wind realms

A new strategic alliance – made up of Jumbo Offshore, a Dutch transportation and installation player, and Intermoor, Acteon’s moorings and anchors business line – has appeared on the offshore oil, gas, and wind scene to tackle floating energy challenges by jointly delivering fully integrated project

about 10 months ago
Seatrium yard; Source: Seatrium
Authorities & Government

Seatrium vows arbitration battle as court clears path for $126.6 million rig contract payout

A subsidiary of the Singapore-headquartered Seatrium has opted to continue its arbitration fight, following a court ruling which dismissed its appeal to halt a multimillion-dollar payment in a legal rig contract dispute. The Asian giant had previously assumed certain potential claims related to a ri

about 10 months ago
Global OTEC’s structural prototype for operating OTEC in tropical storm prone environments under the Horizon Europe funded 'PLOTEC' project
Authorities & Government

Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation. According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply basel

about 10 months ago
All systems go for Panama Canal’s prirority passage program for dual-fuel vessels
Business Developments & Projects

All systems go for Panama Canal’s prirority passage program for dual-fuel vessels

The Panama Canal is all set to implement a new category within its transit reservation system, the NetZero Slot, designed to propel maritime decarbonization and support the canal’s commitment to achieving net-zero emissions by 2050.

about 10 months ago
LNG carrier Zoe Knutsen at sea
Business Developments & Projects

Final piece in place: Knutsen’s ninth LNG carrier for Shell arrives

The French subsidiary of Norwegian shipping company Knutsen has welcomed its latest liquefied natural gas (LNG) carrier that will be chartered to the U.K. energy giant Shell.

about 10 months ago
FSRU Hoegh Galleon; Source: Höegh LNG
Authorities & Government

Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainabi

about 10 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business & Finance

$15.1 billion financing in the bag for first phase of Venture Global’s $28B LNG project

Standard Chartered, an international banking group, has shed light on its role in securing a multibillion-dollar financing for a liquefied natural gas (LNG) export project in Louisiana, which is the third such facility Venture Global, an American producer of LNG sourced from North American basins, h

about 10 months ago
hydrogen
Business & Finance

EU puts €20M on the table to push wave energy forward

The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology read

about 10 months ago
UK government
Authorities & Government

UK government to channel more than $1.49B into maritime industry growth

The United Kingdom (UK) government has decided to allocate over £1.1 billion (approximately $1.49 billion) in joint government and industry investments for the maritime sector, seeking to expand growth and boost innovation in engineering, green technology and construction sectors. Per the nation’s D

about 10 months ago
A jack-up rig at a shipyard
Business Developments & Projects

‘World’s largest’ jack-up starts first decom with Perenco post refurbishment

A heavy lift jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec has started decommissioning work with the UK subsidiary of Anglo-French oil and gas player Perenco in the Southern North Sea (SNS).

about 10 months ago
‘World’s first’ dual-fuel methanol escort tug hits the water
Business Developments & Projects

‘World’s first’ dual-fuel methanol escort tug hits the water

Turkish shipbuilder Sanmar has launched “the world’s first” large purpose-built dual-fuel methanol escort tug constructed for KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime.

about 10 months ago
DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation
Business Developments & Projects

DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation

DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.

about 10 months ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Authorities & Government

NKT named preferred bidder for UK’s subsea green electricity superhighway

Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 10 months ago
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