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FPSO Baleine; Source: Eni
Authorities & Government

Recent discoveries fan the flames of African country’s hopes for triple oil production boost by 2027

Given its string of recent discoveries, one of the countries in West Africa, Cote d’Ivoire, is forecasting a threefold boost in its oil output over the next three years.

about 2 years ago
Terntank nets grant agreement for e-methanol/wind solution
Business Developments & Projects

Terntank nets grant agreement for e-methanol/wind solution

Terntank received a grant agreement by the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the eMETHANOLxWSolution.

about 2 years ago
CMET
Infrastructure

CMET to supply WindWings for Union Maritime tanker duo

CM Energy Tech (CMET) has been contracted to manufacture WindWings for Union Maritime’s two new LNG dual-fuel long range 2 (LR2) tankers to be built at Jiangsu New Yangzi Shipbuilding.

about 2 years ago
Simply Blue Group secures land in Ireland for sustainable fuels project
Business Developments & Projects

Simply Blue Group secures land in Ireland for sustainable fuels project

Simply Blue Group has acquired land in Whitegate, adjacent to Ireland’s only oil refinery, as part of its plans to develop a renewable energy park to produce sustainable fuels.

about 2 years ago
BMDV
Infrastructure

Germany grants €10M for projects to cut ship emissions

As part of its ‘BordstromTech’ program, Germany’s Federal Ministry for Digital and Transport (BMDV) has supported several projects that aim to reduce ship emissions in sea- and inland ports.

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Business & Finance

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Industrial-scale floating green ammonia plant project enters next phase
Business Developments & Projects

Industrial-scale floating green ammonia plant project enters next phase

The OFFSET floating green ammonia plant project reached the next phase with a technical feasibility study delivered by thyssenkrupp Uhde.

about 2 years ago
Signing ceremony; Source: Worley
Business & Finance

Australian player’s assistance to bring BP millions in savings

BP has formed a strategic alliance with Australia’s Worley to streamline operations and improve organization across its global site projects.

about 2 years ago
Wärtsilä launches 100% hydrogen-ready engine power plant
Business Developments & Projects

Wärtsilä launches 100% hydrogen-ready engine power plant

Finnish technology group Wärtsilä has launched a new engine power plant which can be converted to run on 100% hydrogen.

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Business & Finance

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration; Source: Pavilion Energy
Business & Finance

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago
Himalaya Shipping
Infrastructure

Himalaya Shipping takes delivery of final LNG dual-fuel Newcastlemax

Bermuda-based dry bulk shipping company has taken delivery of its twelfth 210,000 dwt Newcastlemax dual fuel newbuilding.

about 2 years ago
DOF makes local ROV systems order
Business & Finance

DOF makes local ROV systems order

Norwegian vessel owner DOF Group has placed an order with compatriot Kystdesign for two remotely operated vehicle (ROV) systems. Under the new contract, Kystdesign will deliver two complete Constructor Compact ROV systems, a newly developed compact version of the Constructor ROV, to DOF. “We are ple

about 2 years ago
SRC allies with Green Marine to bring its methanol storage solution to market
Business & Finance

SRC allies with Green Marine to bring its methanol storage solution to market

SRC and Green Marine have signed a collaborative agreement under which the two parties will work together to develop and deliver SRC’s methanol storage solution to the market.

about 2 years ago
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