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Business Developments & ProjectsProject & TendersCollaborationEquipmentInfrastructureOperations & MaintenanceOutlook & StrategyPorts & LogisticsResearch & DevelopmentTechnologyTransitionCarbon Capture Usage & StorageVesselsBusiness & FinanceInnovationExploration & ProductionMarket OutlooksVision
CP2 LNG; Source: Venture Global
Business Developments & Projects

Eni picks Venture Global as its first long-term US LNG supplier

Italy’s oil and gas giant Eni has executed a liquefied natural gas (LNG) sales and purchase agreement (SPA) with U.S. energy player Venture Global.

about 1 year ago
Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial
Business Developments & Projects

Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial

Mitsui E&S has replaced the conventional diesel engine generator set installed on a near-zero-emission RTG with a hydrogen fuel cell power pack, as part of an on-site zero-emission cargo handling equipment trial.

about 1 year ago
Brevik becomes home to new onboard carbon capture project
Business Developments & Projects

Brevik becomes home to new onboard carbon capture project

Seabound, a UK-based marine carbon capture player, has launched what it claims to be a “first-of-its-kind” onboard carbon capture project together with the Hartmann Group, ship management company InterMaritime Group and Heidelberg Materials Northern Europe. As disclosed, the carbon capture system (C

about 1 year ago
WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild
Business Developments & Projects

WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild

“World’s first” oceangoing ammonia-powered gas carrier, currently under construction at HD Hyundai Mipo shipyard in South Korea, has been fitted with an ammonia two-stroke engine developed by Swiss marine power company WinGD. WinGD has delivered and installed its X52DF-A engine on the 46,000 cubic m

about 1 year ago
NKT cable laying vessel at East Anglia Three export cable landfall in Suffolk
Business Developments & Projects

East Anglia Three export cable makes landfall in Suffolk

The first section of the export cable for the 1.4 GW East Anglia Three offshore wind farm has been pulled ashore, making landfall at Bawdsey in Suffolk. NKT, which is supplying and installing the export cables for the project under a turnkey contract secured in 2022, started working on East Anglia T

about 1 year ago
SPIE Windanker cable work Germany
Business & Finance

SPIE inks another contract with Van Oord for offshore cable work in Germany

Van Oord has signed a contract with SPIE Wind Connect, part of SPIE, for the termination and testing of inter-array cables at the 315 MW Windanker offshore wind farm in Germany. Under the contract, SPIE Wind Connect will be responsible for the termination and testing of 21 61 kV inter-array cables o

about 1 year ago
A large vessel at sea
Business & Finance

ADNOC handing over stake in OMV to affiliate

Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company.

about 1 year ago
Wuhu Shipyard
Business Developments & Projects

Wuhu Shipyard earns double green light for novel 18,600 dwt tanker design

China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification societies, Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly 18,600 dwt chemical tanker. As disclosed, the tanker, which was independently developed by Wuhu

about 1 year ago
FPSO Jaguar; Source: SBM Offshore
Business & Finance

WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock

SBM Offshore has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the co

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

MMA Offshore no longer, rebrands to Cyan Renewables

Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the acquisition by the Singapore-headquartered company last summer. To remind, Cyan Renewables, a portfolio company of Seraya Partners, closed the agreement to acquire MMA Offshore in July 2024 for

about 1 year ago
Fujian Guohang brings its methanol DF bulker tally at Wuhu Shipyard to ten
Infrastructure

Fujian Guohang brings its methanol DF bulker tally at Wuhu Shipyard to ten

Chinese dry bulk vessel owner Fujian Guohang Ocean Shipping Group has exercised order options for two 89,000 dwt methanol dual-fuel bulk carriers at compatriot Wuhu Shipyard.

about 1 year ago
Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels
Business Developments & Projects

Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels

Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers.

about 1 year ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Market Outlooks

IRENA: Growth in renewables highlights regional imbalance

Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

about 1 year ago
Deepsea Bollsta; Source: Odfjell Drilling
Business & Finance

OMV’s Norwegian wildcat ends up being dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has drilled a dry well off the coast of Norway, using a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
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