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Kriegers Flak offshore wind farm in the Danish Baltic Sea
Business & Finance

Vattenfall, TKF enter long-term partnership for inter-array cables

Vattenfall and TKF have signed a multi-year partnership for the supply of inter-array cables for offshore wind farms in Europe. The agreement covers the supply of 66 kV inter-array cables and will apply to all fixed-bottom European offshore wind farms developed by Vattenfall in the coming years. The

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Business & Finance

Strengthening of Qatar-China energy ties entrenches gas as ‘central component’ in journey to sustainable future

A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.

about 2 years ago
ABS issues requirements for liquid hydrogen carriers
Business Developments & Projects

ABS issues requirements for liquid hydrogen carriers

Classification society American Bureau of Shipping (ABS) has published new requirements for liquid hydrogen carriers as a step towards supporting projected market demands in the transportation of hydrogen. As explained, the ABS Requirements for Liquefied Hydrogen Carriers address safety and technica

about 2 years ago
Kongsberg, Svitzer team up on crew training in Australia
Collaboration

Kongsberg, Svitzer team up on crew training in Australia

Towage operator Svitzer, part of Danish shipping giant A.P. Moller – Maersk, has selected Kongsberg Digital to deliver simulators in support of crew training at its Port of Newcastle base in Australia.

about 2 years ago
New contract to keep PGS busy through winter season
Business & Finance

New contract to keep PGS busy through winter season

Norwegian seismic company PGS has secured a 3D exploration contract in the Mediterranean that will take place through the winter season. The Ramform Titan is scheduled to mobilize for the survey in December and the contract has a total duration of approximately 160 days. “We are very pleased with th

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

Velesto hands out deal for upcoming rig moves

ABL has been awarded a new contract by Velesto Drilling to provide marine warranty survey (MWS) services related to rig moves off Malaysia.

about 2 years ago
Mawei
Business Developments & Projects

Fujian and Xiamen Shipbuilding Industry win deal for 41,000 dwt tanker quartet

Fujian Mawei Shipbuilding and Xiamen Shipbuilding Industry have secured an order for the construction of four 41,000 dwt oil and chemical tankers from an undisclosed European shipowner. Mawei Shipbuilding said that the construction has come into effect and that the construction is set to start at Xi

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

Following BP’s exit, operatorship of giant gas discoveries changes hands, as US player takes the reins

Kosmos Energy has boosted its working interest and taken the operatorship helm, subject to customary government approvals, of giant gas discoveries offshore Senegal, after BP’s withdrawal from the field.

about 2 years ago
Port of Québec
Authorities & Government

Novarium, Port of Québec partner up to boost innovation, sustainable development

Novarium, an innovation campus dedicated to the blue economy, has entered into a strategic partnership with the Port of Québec, one of the five largest ports in Canada.

about 2 years ago
Long Beach
Business & Finance

Biden administration invests $653M in 41 port improvement projects

As part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) has decided to invest $653 million in 41 port improvement projects under the Port Infrastructure Development Program (PIDP).

about 2 years ago
QatarEnergy and Sinopec conclude 27-year LNG supply deal
Business & Finance

QatarEnergy and Sinopec conclude 27-year LNG supply deal

Qatar’s state-owned oil and gas company QatarEnergy has signed a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. Furthermore, the two parties signed a long-term sales and purchase agreement (SPA) for the delivery of 3 million to

about 2 years ago
Finland’s Inkoo FSRU receives second LNG cargo from Gasum after Balticconnector incident
Business Developments & Projects

Finland’s Inkoo FSRU receives second LNG cargo from Gasum after Balticconnector incident

Following rupture and shutdown of the Balticconnector gas pipeline in early October, Finland’s Inkoo FSRU terminal has received second LNG cargo from Gasum. According to Gasum, the cargo arrived on November 5 and unloading to the FSRU has started where the LNG will be regasified and fed into the Fin

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Business & Finance

With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating production units

New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.

about 2 years ago
ONE Parana
Business Developments & Projects

ONE wraps up stake acquisition in US West Coast and Rotterdam terminals

Singapore-based container shipping company Ocean Network Express (ONE) has completed the acquisition of a 51% stake in TraPac LLC and Yusen Terminals LLC on the US West Coast, and a 20% stake in Rotterdam World Gateway (RWG), after clearing all regulatory hurdles. The move is being pursued as ONE wo

about 2 years ago
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