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Business & FinanceBusiness Developments & ProjectsOutlook & StrategyProject & TendersVesselsExploration & ProductionTransitionOperations & MaintenanceAuthorities & GovernmentCollaborationEquipmentInfrastructurePorts & LogisticsRegulation & PolicyVisionCertification & ClassificationTechnologyMarket OutlooksRules & RegulationStorage
Darwin LNG terminal; Courtesy of Santos
Business & Finance

$19 billion takeover bid takes step forward: Santos and ADNOC-led firm embark on talks

With a six-week exclusive due diligence period in effect, Australia’s energy player Santos has kicked off negotiations concerning an $18.7 billion non-binding indicative offer for all its shares with a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhab

about 1 year ago
12-year-old vessel at work for Equinor after rebuild project
Business & Finance

12-year-old vessel at work for Equinor after rebuild project

A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offsh

about 1 year ago
LNG terminal
Business Developments & Projects

Texas Gulf Coast getting new low-carbon LNG export facility

A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast.

about 1 year ago
Ormen Lange development; Source: Shell
Business & Finance

More gas for Europe as Shell turns on the taps at Norwegian field’s next chapter

Shell has brought online a new phase of its natural gas field in the Norwegian Sea, which is set to augment the amount of gas recovered from the asset, bolstering Europe’s energy security.

about 1 year ago
Imabari
Business & Finance

Japan’s ‘top’ shipbuilder restructures: Imabari gains upper hand in JMU

Imabari Shipbuilding, considered to be one of the biggest shipbuilding players in Japan, has entered an agreement with compatriot JFE Steel Corporation and IHI Corporation to acquire a portion of the shares of Japan Marine United Corporation (JMU) previously owned by JFE and IHI. As disclosed, once

about 1 year ago
Several people holding documents at an agreement signing ceremony
Business Developments & Projects

PTT secures first long-term LNG export contract outside Thailand

Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG).

about 1 year ago
Crowley’s LNG-powered newbuild to inaugurate US Northeast-Central America route
Business Developments & Projects

Crowley’s LNG-powered newbuild to inaugurate US Northeast-Central America route

U.S. shipping and logistics company Crowley has expanded its ocean shipping services with its first-ever route between the U.S. Northeast and Central America.

about 1 year ago
Oceans of Energy offshore solar farm
Authorities & Government

Offshore solar farm ready for tow out to Hollandse Kust Noord wind farm

What is described as the “world’s first” offshore solar farm integrated within a wind farm has completed assembly at the Port of Amsterdam and is ready for deployment at the Hollandse Kust Noord (HKN) offshore wind farm in the North Sea. Dutch company Oceans of Energy assembled the floating solar fa

about 1 year ago
Viking takes delivery of newest future-proof cruise ship from Fincantieri
Business Developments & Projects

Viking takes delivery of newest future-proof cruise ship from Fincantieri

Swiss cruise line Viking has taken delivery of its newest future technology-ready ocean ship, Viking Vesta, from Italian shipbuilder Fincantieri.

about 1 year ago
FPSO GranMorgu will feature Fast4Ward design; Source: SBM Offshore
Business & Finance

TotalEnergies expands its oil & gas footprint offshore Suriname

TotalEnergies has taken a step to enlarge its oil and gas portfolio of assets off the coast of Suriname with the acquisition of a minority stake in another block, which is close to the one where the French player is developing its oil project.

about 1 year ago
Two men holding documents
Business Developments & Projects

Hanwha’s FPSO cyber resilience solution gains ABS approval

The American Bureau of Shipping (ABS) classification society has granted an approval in principle (AIP) for a new cybersecurity solution developed by South Korea’s Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units.

about 1 year ago
'Bitter disappointment' as UK rejects support for €29.5B project to import renewable energy from Morocco
Authorities & Government

‘Bitter disappointment’ as UK rejects support for €29.5B project to import renewable energy from Morocco

The UK Government has decided to reject the huge £25 billion (around €29.5 billion) project that would import 11.5 GW of solar and wind power from Morocco to the British grid via 4,000-kilometer HVDC subsea cables. The Xlinks Morocco-UK power project envisions the development of a commercial-scale r

about 1 year ago
AYK Energy
Collaboration

AYK Energy marine battery systems receive validation from DNV

Andorra-headquartered marine battery supplier AYK Energy has won a type approval from Norwegian classification society DNV for its latest set of “advanced” marine batteries. According to the company, the green light from DNV has signalled that AYK can immediately embark on what is hailed as its ‘big

about 1 year ago
MOL-operated coal carrier embarks on first biofuel trial for Japanese electric utility
Business Developments & Projects

MOL-operated coal carrier embarks on first biofuel trial for Japanese electric utility

Hokulink, a coal carrier operated by Japanese shipping company Mitusi O.S.K. Lines (MOL) for Hokuriku Electric Power Company, has embarked on technical trial voyages using biofuel, marking the first use of B30 for a Japanese electric power company.

about 1 year ago
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