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Boskalis
Collaboration

Boskalis opens shore power facility for its vessels in Rotterdam

Dutch dredging and heavy lift company Boskalis has commissioned a large-scale shore power facility at its premises in the Waalhaven in Rotterdam, the Netherlands.

about 2 years ago
Cedar LNG, SHI and Black & Veatch conclude deal on shipyard capacity
Business Developments & Projects

Cedar LNG, SHI and Black & Veatch conclude deal on shipyard capacity

The Haisla Nation and Pembina Pipeline, partners in the development of the proposed Cedar floating LNG export project in Canada, have signed heads of agreement (HoA) with shipbuilding company Samsung Heavy Industries (SHI) and LNG infrastructure solutions company Black & Veatch to secure access to s

about 2 years ago
GTT scores DSME/Maran Gas LNG carrier tank design order
Business & Finance

South Korea to pump $545M into next-gen shipbuilding tech, carbon-free fuels

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has revealed its plans to invest KRW 710 billion ($544 million) into next-generation shipbuilding technology and carbon-free fuels.

about 2 years ago
Petronas' President and Group CEO, Tan Sri Tengku Muhammad Taufik (right) and PetroVietnam President and CEO, Dr Le Manh Hung (left) at the memorandum of cooperation signing ceremony in Hanoi; Source:
Business & Finance

Petronas and PetroVietnam pursuing oil & gas alongside decarbonization and clean energy

Petronas will pool resources with PetroVietnam to explore opportunities in the upstream, renewables, and downstream sectors in Vietnam.

about 2 years ago
China's largest submarine cable construction ship launches
Business & Finance

China’s largest submarine cable construction ship launches

State Grid Corporation of China has launched what – with a cable-carrying capacity of 10,000 tons and a displacement of 24,000 tons – is said to be China’s largest submarine cable construction ship. Qifan-19, developed independently by State Grid Corporation of China for Guojiao No.1 Brand, was laun

about 2 years ago
Depsea Yantai rig; Source: Neptune Energy
Authorities & Government

Neptune gearing up to spud North Sea wildcat with Odfjell Drilling-managed rig

Neptune Energy has secured a drilling permit from the Norwegian authorities for an exploration well in the North Sea off Norway.

about 2 years ago
SD Grace; Source: Kotug
Business & Finance

Three more Kotug vessels come to Guyana for work with ExxonMobil

Kotug has welcomed the arrival of three additional vessels in Guyana, which will support ExxonMobil’s offshore operations.

about 2 years ago
CMES
Business Developments & Projects

CMES exercises options for 4 methanol-fueled car carriers, orders 4 bulkers

Shipping company China Merchants Energy Shipping (CMES), part of China Merchants Group, has ordered a total of eight new vessels from China Merchants Industry.

about 2 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Business & Finance

ExxonMobil flows oil from third project offshore Guyana as FPSO comes online ahead of schedule

ExxonMobil has started production from its third oil development at the Stabroek block offshore Guyana, boosting total production capacity in the country to approximately 620,000 barrels per day.

about 2 years ago
Damen Shipyards introduces the new Fast Crew Supplier 3210 Hybrid
Business Developments & Projects

Damen Shipyards introduces the new Fast Crew Supplier 3210 Hybrid

Damen Shipyards is introducing a new addition to its popular Fast Crew Supplier (FCS) crew transfer vessel range. The FCS 3210 Hybrid has been designed to transport technicians to the new generation of wind farms that are being built further offshore than ever before. The new vessel is based on Dame

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

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation

TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

about 2 years ago
Gasunie to use green method of financing for energy transition projects
Business & Finance

Gasunie to use green method of financing for energy transition projects

Dutch energy company Gasunie has issued its first green bond, a loan for €300 million with a maturity of 9.5 years, intending to use the proceeds to finance part of its energy transition projects, such as the construction of the national hydrogen grid in the Netherlands. Gasunie revealed the company

about 2 years ago
Fugro updates 2027 strategy, plans to expand into CCUS
Business & Finance

Fugro updates 2027 strategy, plans expansion into CCUS

Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur

about 2 years ago
Nova Innovation's floating solar units (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation installs floating solar demonstrator in the Port of Leith

Scottish marine energy company Nova Innovation has installed a marine floating solar demonstrator to power Forth Ports’ headquarters in the Port of Leith.

about 2 years ago
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