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GasLog Partners and TotalEnergies sign another charter deal
Business Developments & Projects

GasLog Partners enters 2023 with time charter agreements for its LNG carriers

Gaslog Partners, an international owner and operator of liquefied natural gas (LNG) carriers, has secured time charter agreements with several companies for its vessels. In its financial report which includes a three-month period and the year ended 31 December 2022, the partnership highlighted chart

about 3 years ago
‘You’re in my spot!’ – BP and Ørsted’s UK saga continues as Hornsea Four DCO decision looms
Business Developments & Projects

‘You’re in my spot!’ – BP and Ørsted’s UK saga continues as Hornsea Four DCO decision looms

Grant Shapps, the UK Secretary of State for Business, Energy and Industrial Strategy (BEIS), has less than a month to sign off a decision on Ørsted’s Hornsea Four offshore wind farm, which might not be an easy task as the developer and BP are still at odds over an area where their offshore wind and

about 3 years ago
US firm makes investment into two next-gen ROVs
Business Developments & Projects

US firm makes investment into two next-gen ROVs

U.S.-based Baker Marine Solutions (BMS), a subsidiary of Baker Subsea Solutions (BSS), has made an investment into two “next-generation” inspection class remotely operated vehicles (ROVs). The two Outland 3000 Inspection class ROVs will be fitted with Tritech Gemini 1200ik multi beam sonars, Waterli

about 3 years ago
RWE orders two 100MW electrolysers for GET H2 as it eyes IPCEI funding
Business Developments & Projects

RWE orders two 100MW electrolysers for GET H2 as it eyes IPCEI funding

German energy company RWE has ordered two 100-megawatt proton exchange membrane (PEM) electrolysers from Linde Engineering for its GET H2 hydrogen project. The two electrolyser plants, which will be powered by offshore wind from the North Sea, are part of RWE’s efforts to build a total of 300 MW of

about 3 years ago
bulker powered by ammonia
Business Developments & Projects

WinGD, CMB.TECH to develop large ammonia-fuelled engines for Bocimar’s bulker newbuilds

Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.TECH have signed an agreement on the development of ammonia-fuelled two-stroke engines. The companies aim to install the ammonia dual-fuel X72DF engine on a series of ten x 210,000 DWT bulk carriers to be built at a Chines

about 3 years ago
TT-Line’s 2nd LNG-fueled ferry ready to start service
Business Developments & Projects

TT-Line’s 2nd LNG-fueled ferry ready to start service

Peter Pan, TT Line’s second ferry powered by liquefied natural gas (LNG), is ready to start its service, the company revealed.

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

America’s crude oil & natural gas proven reserves on the rise after 2020 lows

Proven reserves of natural gas set a new record in the U.S. in 2021, while proven reserves of oil increased but not to pre-Covid level.

about 3 years ago
Significant emissions and cost savings on the cards for Middle East operator’s rig fleet
Business Developments & Projects

Significant emissions and cost savings on the cards for Middle East operator’s rig fleet

Energy consultancy Xodus has outlined a roadmap for a 60 per cent reduction in total CO2 emissions for a Middle East operator’s fleet of drilling rigs, following a greenhouse gas (GHG) emissions baseline and energy efficiency review. Xodus reported it had identified more than 25 energy and emissions

about 3 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

ExxonMobil’s low-carbon hydrogen project in Texas gains ground

ExxonMobil’s low-carbon hydrogen project in Baytown, Texas, has entered a new stage with a contract award to Technip Energies for front-end engineering and design (FEED). The low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce one billion cubic feet of low-carbon hydroge

about 3 years ago
Oceanbird
Business Developments & Projects

Oceanbird project goes full speed ahead with land-based testing, selection of retrofit vessel

Oceanbird, a project backed by Alfa Laval and Wallenius, is moving fast with the preparation for the installation of its first land-based Oceanbird Wing 560. The project developers are already ordering parts for the installation, following the award of €9 million worth of funding under the Horizon E

about 3 years ago
Siemens Energy Subsea7 Subsea Hub
Business Developments & Projects

Subsea7 and Siemens Energy to develop subsea hub for floating offshore wind

Subsea7 and Siemens Energy have joined forces to develop a Subsea High Voltage Plug and Power Hub for the floating offshore wind market. Building on Subsea7’s competence in subsea engineering and offshore construction for the oil and gas and renewables markets, and Siemens Energy’s competence in ele

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

BP delves into global energy trends over next 30 years

BP has unveiled its new energy outlook, highlighting key trends and uncertainties surrounding the energy sector and transition to low-carbon.

about 3 years ago
Oman LNG continues supply deals spree with Turkish BOTAŞ
Business Developments & Projects

Oman LNG continues supply deals spree with Turkish BOTAŞ

Oman LNG has signed a binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation to supply 1 million metric tonnes per annum (mtpa) of LNG, starting in 2025. According to reports from the Omani state news agency, the agreement was signed on 30 January. The deal will see Oman LNG

about 3 years ago
Prysmian connects Crete to mainland Greece
Business Developments & Projects

Prysmian connects Crete to mainland Greece

Prysmian Group has completed high-voltage direct current (HVDC) underwater cable laying for the subsea power line connecting the Greek Crete island and mainland Greece.

about 3 years ago
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