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Topsides being transported on a vessel
Business Developments & Projects

Giant Kiewit-built structure en route to Cenovus’ project off Newfoundland

Topsides for an offshore platform operated by Canada’s oil and gas company Cenovus Energy have begun their journey from Kiewit’s facility in Texas to their destination offshore Newfoundland.

about 1 year ago
Axpo
Infrastructure

ESPO: ‘Right conditions’ need to be created for ports to implement Clean Industrial Deal

The European Sea Ports Organisation (ESPO) has identified three main challenges of Europe’s ports that need to be addressed when implementing the Clean Industrial Deal (CID) ambitions.

about 1 year ago
US approves OCI Global’s sale of methanol business to Methanex
Business & Finance

US approves OCI Global’s sale of methanol business to Methanex

OCI Global, has received U.S. regulatory approval for the sale of its global methanol business, OCI Methanol, to Methanex Corporation.

about 1 year ago
Rendering of Rio Grande LNG; Source: NextDecade
Business & Finance

$9 billion deals for US LNG project land on Bechtel’s worksheet in Lone Star State

NextDecade Corporation has revealed a price change for a previous contract and a new multibillion-dollar deal with Bechtel Energy, an American engineering, procurement, construction, and project management company, enabling the U.S. contractor to handle work on two trains for a liquefied natural gas

about 1 year ago
Eco Wave Power nears completion of first U.S. wave energy unit at Port of LA
Business Developments & Projects

Eco Wave Power nears completion of first US wave energy unit at Port of LA

Wave energy developer Eco Wave Power is finalizing the manufacturing phase of its first U.S. pilot wave energy project, set to be installed at the Port of Los Angeles in July 2025. Eco Wave Power said that during a site visit to its U.S. manufacturing partner, California-based All-Ways Metal, CEO In

about 1 year ago
ONE takes home new future fuel-ready containership from Japan
Vessels

ONE takes home new future fuel-ready containership from Japan

Imabari Shipbuilding, one of the biggest vessel construction players in Japan, has marked the delivery of a 13,000 TEU future-proof containership, which was built for Singapore-based shipping company Ocean Network Express (ONE). As disclosed, the ONE Sapphire was handed over on June 12 during a cere

about 1 year ago
Meyer Werft picks TMC compressors for Carnival’s LNG-powered cruise ships
Business Developments & Projects

Meyer Werft picks TMC compressors for Carnival’s LNG-powered cruise ships

German shipbuilder Meyer Werft has selected Norway-based TMC Compressors to supply the marine compressed air system for two cruise ships being built for Carnival Cruise Line, part of cruise giant Carnival Corporation.

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business & Finance

ConocoPhillips pinpoints potential drilling sites for 2025 two-well gas search

ConocoPhillips has revealed three possible drilling locations for its two-well gas exploration campaign in the Otway Basin off the coast of Australia.

about 1 year ago
FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG
Authorities & Government

Baltic CO2 storage project gets EU funding

The European Commission has signed a grant agreement with Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN) for technical and commercial studies for a planned CO2 terminal in Klaipėda, Lithuania.

about 1 year ago
Karratha gas plant; Courtesy of Woodside
Authorities & Government

Talks about 40-year continuation of Australia’s mega gas project draw out

Woodside Energy, has made arrangements with the federal government to continue discussions about the proposed requirements for environmental approval of a lifespan extension for its mega gas project off the Australian coast, enabling it to run until 2070.

about 1 year ago
Reach Subsea's second uncrewed surface vessel (USV), Reach Remote 2.
Business Developments & Projects

Reach Subsea takes delivery of second uncrewed surface vessel

Norway’s Reach Subsea has confirmed the delivery of its second uncrewed surface vessel (USV), Reach Remote 2, after completing all technical installations, testing, and documentation. According to Reach Subsea, the vessel will be deployed for commercial projects, expanding the company’s uncrewed fle

about 1 year ago
NKT T3600 subsea trencher; Source: NKT
Business & Finance

NKT’s subsea trencher coming to fortify offshore power cable infrastructure

NKT has poured funds into the construction of a tool it describes as the world’s most powerful subsea trencher, which is expected to strengthen the offshore power cable ecosystem to ensure the security of supply and the transition to renewable energy.

about 1 year ago
Meriaura
Business & Finance

Finland’s Meriaura returns to family ownership

Finnish shipping company Meriaura has been returned to family ownership under Meriaura Invest Oy’s 100% ownership.

about 1 year ago
Viking CCS project; Source: Harbour Energy
Business & Finance

UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035

Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas to low-carbon technology.

about 1 year ago
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