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Business Developments & Projects

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Onyx Power to build hydrogen production plant in Rotterdam port
Business Developments & Projects

Onyx Power to build hydrogen production plant in Rotterdam port

Port of Rotterdam, the Netherlands, has revealed that energy provider Onyx Power plans to build a low-carbon blue hydrogen production plant at its existing site in the port. With a capacity of 1,200 MW, the plant is expected to produce some 300 kilotonne per annum blue hydrogen, and the Rotterdam po

about 3 years ago
Acteon
Business Developments & Projects

Acteon firm gets more decommissioning work with Chevron

InterMoor, part of Acteon’s engineering, moorings and foundations division, has secured a contract extension with Chevron for a decommissioning scope in Thailand. Following the completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand, Chevron Thailand Exploration and Production (CT

about 3 years ago
BW’s FSRU gearing up to serve First Gen’s Batangas LNG terminal
Business Developments & Projects

BW’s FSRU gearing up to serve First Gen’s Batangas LNG terminal

BW Batangas, a floating storage and regasification unit (FSRU) owned by BW LNG, is getting ready to start its deployment with First Gen Corporation’s Batangas LNG import terminal in the Philippines. According to a social media update from BW LNG, a unit of the Singapore-based gas shipping giant BW G

about 3 years ago
Illustration/InfinityWEC design with upgraded PTO (Courtesy of Ocean Harvesting)
Business Developments & Projects

Ocean Harvesting targets €400K to optimize wave energy device

Swedish company Ocean Harvesting Technologies has embarked on a funding raise, targeting €400,000 to further optimize its InfinityWEC wave energy device ahead of sea trials.

about 3 years ago
DSME LNG carrier
Business Developments & Projects

DSME bags another LNG carrier deal on the back of EU approval of Hanwha takeover

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has secured a construction order for an LNG carrier from an unidentified shipowner from Oceania. The order is worth KRW 339.6 billion ($ 257 million), according to DSME’s stock exchange filing. Under the contract, DSME i

about 3 years ago
Valaris 115 jack-up rig; Source: Valaris
Business Developments & Projects

Valaris rig on its way to kick off its gig with Shell

Valaris is preparing to start its new contract with Shell, as the rig, hired for the assignment, has embarked on its journey to Brunei.

about 3 years ago
Hild jack-up rig; Source: Keppel
Business Developments & Projects

Another Borr Drilling rig gets new job in Latin America

Borr Drilling has secured a new contract for one of its premium jack-up drilling rigs from an undisclosed company in Latin America.

about 3 years ago
FCC debuts LNG-powered tanker Fairchem Pioneer
Business Developments & Projects

FCC debuts LNG-powered tanker Fairchem Pioneer

Fairfield Chemical Carriers (FCC), a US operator specialising in chemical tankers, has launched the Fairchem Pioneer, its first LNG-powered stainless steel chemical tanker. The LNG dual-fueled (DF) vessel, jointly developed by Fukuoka Shipbuilding and Fairfield Japan, a subsidiary of FCC, was launch

about 3 years ago
Illustration; Source: Petronas
Business Developments & Projects

Petronas inks farm-out deal for oil & gas field off Sabah

Petronas has entered into a farm-out agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah state government.

about 3 years ago
Prysmian resumes cable laying at first US large-scale offshore wind farm
Business Developments & Projects

Prysmian resumes cable laying at first US large-scale offshore wind farm

Prysmian’s cable-laying barge Ulisse has resumed cable laying operations at the first U.S. large-scale offshore wind project, located off the coast of Massachusetts. According to the project’s latest mariner update, cable laying operations of the mid-section cable for the Vineyard Wind 1 project wer

about 3 years ago
JERA and KOGAS strengthen LNG ties amid uncertain global energy supply
Business Developments & Projects

JERA and KOGAS strengthen LNG ties amid uncertain global energy supply

Japanese energy giant JERA has signed a memorandum of understanding (MoU) with South Korea’s state-owned natural gas importer and transporter Korea Gas Corporation (KOGAS) for cooperation in the LNG business. Pursuant to the MoU which seeks to secure the stability of LNG supplies, JERA and KOGAS agr

about 3 years ago
Unite the union
Business Developments & Projects

Pay dispute brings ‘unprecedented’ strike action to five major UK oil & gas operators

UK’s Unite the union has revealed a 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf (UKCS).

about 3 years ago
FPSO BW Adolo; Source: BW Energy
Business Developments & Projects

First oil flows from development project off Gabon

BW Energy has achieved the first oil from its first well in a multi-well drilling campaign offshore Gabon.

about 3 years ago
CMA CGM
Business Developments & Projects

Exclusive: CSSC, CMA CGM pen record-breaking deal for 16 ultra-large boxships worth $3 bln

In a significant development for China’s shipbuilding industry, the China State Shipbuilding Corporation (CSSC) and French liner heavyweight CMA CGM have inked an agreement to construct 16 large container ships worth more than 21 billion Yuan ($3.06 billion). The order comprises of twelve 15,000 TEU

about 3 years ago
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