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Business Developments & Projects

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InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)
Business Developments & Projects

Ocean Harvesting set to demonstrate enhanced InfinityWEC performance

Swedish company Ocean Harvesting Technologies has teamed up with experts in model-based predictive control to increase the performance of InfinityWEC in the upcoming sea trials.

about 3 years ago
Sallaum Lines’ new dual-fuel LNG PCTCs to sport MacGregor RoRo equipment
Business Developments & Projects

Sallaum Lines’ new dual-fuel LNG PCTCs to sport MacGregor RoRo equipment

MacGregor, part of Cargotec, has secured a large order to supply comprehensive packages of roll-on/roll-off (RoRo) equipment for two dual-fuel LNG pure car and truck carriers (PCTCs) being built for RoRo shipping company Sallaum Lines. The vessels are Sallaum Lines’ first-ever newbuilds and will be

about 3 years ago
Elenger brings two shiploads of LNG to port of Klaipeda in March
Business Developments & Projects

Elenger brings two shiploads of LNG to port of Klaipeda in March

Estonian energy group Elenger has reported that, on its order, two LNG cargoes arrived at the port of Klaipeda from Norway in March, one on the tanker Arctic Aurora and the other on the tanker Arctic Princess. Elenger has booked terminal capacity to bring 10 LNG cargoes until the fall of this year.

about 3 years ago
Hyundai Glovis
Business Developments & Projects

GoodFuels bunkers Hyundai Glovis’ PCTC with biofuel in Netherlands

Dutch marine biofuel provider GoodFuels has completed the biofuel bunkering of a pure car truck carrier owned by Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group.

about 3 years ago
Eight CCUS initiatives in the UK proceed to negotiations
Business Developments & Projects

UK: Eight CCUS projects proceed to negotiations for support

The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU

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

Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops

Brazil’s Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges.

about 3 years ago
DSME cuts steel for GasLog’s 174,000 cbm LNG carrier
Business Developments & Projects

DSME cuts steel for GasLog’s 174,000 cbm LNG carrier

Construction of LNG carriers for Greek LNG shipping services provider GasLog has started at Daewoo Shipbuilding & Marine Engineering (DSME) Shipyard in Geoje, South Korea. According to GasLog’s social media update, the construction began with the steel cutting of 174,000 cbm LNG carrier, Hull No. 25

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

Fourth well in Black Sea drilling campaign comes online

Trillion Energy has put the fourth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye into production.

about 3 years ago
For illustration purposes; Source: NSTA
Business Developments & Projects

On a mission to boost North Sea production, UK moves to address delays in buying and selling of oil & gas assets

The NSTA has put the wheels into motion to speed up North Sea oil and gas production by proposing the removal of barriers to investment.

about 3 years ago
MAN TAT
Business Developments & Projects

MAN’s methanol ready 49/60DF engine passes TAT with flying colours

German engine manufacturing powerhouse MAN Energy Solutions revealed on Wednesday that its MAN 49/60DF engine has received its Type Approval after a five-day program on the testbed at the company’s HQ in Augsburg, Germany. The Type Approval Test (TAT) was witnessed by inspectors representing the ABS

about 3 years ago
Trinity Exploration & Production
Business Developments & Projects

With Gulf of Paria well back online, UK firm works on stabilising production rates

UK-headquartered Trinity Exploration & Production plc has brought back on stream a well located in the Gulf of Paria.

about 3 years ago
Canadian project ditches LNG for hydrogen production
Business Developments & Projects

Canadian project ditches LNG for hydrogen production

While several Canadian LNG projects are progressing with environmental permits and construction milestones, a Nova Scotia-registered company has decided to stop advancing an LNG project on the Strait of Canso and proposed constructing and operating a green hydrogen and ammonia facility instead. Bear

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

Third Black Sea well goes on stream with fourth one days away from following suit

Trillion Energy has kicked off production from the third well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
Aker Solutions ramps up green steel game with First Movers Coalition pledge
Business Developments & Projects

Aker Solutions ramps up green steel game with First Movers Coalition pledge

Norwegian oilfield services provider Aker Solutions has joined the First Movers Coalition (FMC), thereby committing to buying at least 10 per cent of its steel from low-emissions sources by 2030. By joining the decarbonizing coalition, Aker Solutions has committed to a frame agreement for steel purc

about 3 years ago
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