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Spanish logistics company secures 50% stake in ammonia terminal in US
Business & Finance

Spanish logistics company secures 50% stake in ammonia terminal in US

Spanish logistics company for liquid products Exolum has completed the acquisition of a 50% interest in Vopak Moda Houston (VMH), an ammonia storage, import and export terminal located on the Houston Ship Channel, from U.S. Moda Midstream. The operation took place after obtaining approval from the c

about 2 years ago
Illustration; Credit: Lone Stormoen/Equinor
Authorities & Government

Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

about 2 years ago
Illustration; Source: Shell
Business & Finance

Shell offloads its Nigerian onshore business to focus on deepwater and integrated gas

Following the divestment, the oil major plans to turn all its attention to deepwater and integrated gas businesses in Nigeria.

about 2 years ago
Grain de Sail
Business Developments & Projects

World’s largest modern cargo sailboat christened in France

French company Grain de Sail has celebrated the christening ceremony for Grain de Sail II, the world’s largest modern cargo sailboat built by local shipbuilder Piriou.

about 2 years ago
Mexico Pacific and ExxonMobil sign additional LNG offtake agreement
Business & Finance

Mexico Pacific and ExxonMobil sign additional LNG offtake agreement

LNG project developer Mexico Pacific has signed a third long-term sales and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific for an additional 1.2 million tonnes per annum (mtpa) of LNG from Train 3 of Mexico Pacific’s Saguaro Energia project located on the west coast of Mexico. With this a

about 2 years ago
AD Ports
Business Developments & Projects

AD Ports, CMA CGM, and Ecocean to breathe new life into Khalifa Port

UAE-based port operator AD Ports Group has teamed up with French shipping major CMA CGM Group and Ecocean, an innovative company serving aquatic biodiversity, on a scientific cooperation journey. The alliance aims to breathe new life into Khalifa Port through the installation of 48 Biohuts, creating

about 2 years ago
SIPG, Evergreen Marine sign green methanol supply deal
Business Developments & Projects

SIPG, Evergreen Marine sign green methanol supply deal

SIPG and Evergreen Marine recently signed a memorandum of cooperation on green methanol fuel supply for ships in the port.

about 2 years ago
FPSO Adolo; Source: BW Energy
Business & Finance

British player gets work on two BW Offshore FPSOs in UK and Gabon

THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.

about 2 years ago
The Quad Hull Barge Hydrowing
Business Developments & Projects

HydroWing’s new barge to cut installation and maintenance costs of its tidal energy technology

HydroWing, part of Inyaga Marine Energy Group, has developed a new barge aimed at reducing the costs of installing and maintaining its tidal stream array technology. HydroWing was the largest tidal stream project in Wales to be successful in the UK government’s latest Contracts for Difference (CfD)

about 2 years ago
McDermott comes on board Malaysia’s first carbon capture and storage project
Business & Finance

McDermott comes on board Malaysia’s first carbon capture and storage project

McDermott has secured an offshore contract from Malaysia Marine and Heavy Engineering (MMHE) for the first carbon capture and storage (CCS) project located offshore Malaysia. Under the scope of the contract, McDermott will perform transportation and the structural installation of a 138-kilometer pip

about 2 years ago
Strohm's first TCP Jumper in West Africa installed for TotalEnergies
Business & Finance

Strohm’s first TCP Jumper in West Africa installed for TotalEnergies

Dutch thermoplastic composite pipe (TCP) producer Strohm has supplied its first TCP Jumper in West Africa for French energy giant TotalEnergies. Strohm has supplied TotalEnergies with a TCP Jumper commissioned in the Egina field in the deep water of 1,600 meters in Nigeria. The installation followed

about 2 years ago
New Spanish technology company joins Hydrogen Europe organization
Business Developments & Projects

New Spanish technology company joins Hydrogen Europe organization

Spanish materials technology company Matteco has become a member of the industry organization Hydrogen Europe. Matteco said the company’s commitment to sustainable innovation aligns perfectly with the mission of Hydrogen Europe, adding that with its next-generation catalysts and electrodes for elect

about 2 years ago
BMA Technology to provide tech solutions for A2B-online’s methanol-electric ships
Equipment

BMA Technology to provide tech solutions for A2B-online’s methanol-electric ships

Turkish company BMA Technology has partnered with A2B-online and Sedef Shipyard on the construction of two methanol-electric containerships, each with a capacity of 650 TEU.

about 2 years ago
Hellenic Cables Baltyk II and Baltyk III
Business Developments & Projects

Seaway7 picks inter-array cable supplier for Polish offshore wind farms

Greece’s Hellenic Cables has signed a contract to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland. Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing, testing, and supply of approximately 205km 66 kV submarine inte

about 2 years ago
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