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An image rendering of Eolink's floating wind turbine design
Business Developments & Projects

First offshore wind project announced for Bulgaria to use floating wind tech and power gas platform

France-based floating wind technology developer, Eolink, and 15 European renewable energy partners have launched an EU-backed project named Black sea fLoating Offshore Wind (BLOW). The project aims to install a 5 MW floating wind turbine offshore Bulgaria and link it to a gas platform in the Black S

about 3 years ago
WATCH: Avance Gas’ third dual-fuel VLGC takes to gas trials
Business Developments & Projects

WATCH: Avance Gas’ third dual-fuel VLGC takes to gas trials

Avance Rigel, Avance Gas’ third newbuild very large gas carrier (VLGC), has completed gas trials outside Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea. The trials took place in January 2023 prior to the vessel’s delivery which is scheduled for early February 2023. The Avance Ri

about 3 years ago
Element Resources to build one of the largest hydrogen facilities in California, US
Business Developments & Projects

Element Resources to build one of the largest hydrogen facilities in California, US

Texas-based Element Resources, a development company focused on the production of 100% green hydrogen, has revealed plans to build and operate a major renewable hydrogen production facility in the city of Lancaster, California, US. The project, located within Lancaster’s city limits, is expected to

about 3 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd, Mabanaft to explore supply of ammonia as bunker fuel

German container shipping company Hapag-Lloyd has signed a Memorandum of Understanding (MoU) with compatriot energy company Mabanaft to explore options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA.

about 3 years ago
New research spotlights opportunities for UK’s offshore energy supply chain
Business Developments & Projects

New research spotlights opportunities for UK’s offshore energy supply chain

Seven near-term projects in the UK are set to require 30 new wells and 194 kilometers of pipeline, with vessel and rig owners to be especially in demand, according to the research conducted by the North Sea Transition Authority and Global Underwater Hub.

about 3 years ago
Norsepower inks rotor sail retrofit deal with Socatra
Business Developments & Projects

Norsepower inks rotor sail retrofit deal with Socatra

Wind propulsion systems developer Norsepower Oy has signed a contract with French ship owner and operator Socatra for the retrofit installation of two rotor sails on the medium range tanker Alcyone. The 50,000 dwt, 2022-built, French flag tanker, chartered by global energy company TotalEnergies, wil

about 3 years ago
Strohm plans recruitment drive as it completes plant expansion
Business Developments & Projects

Strohm plans recruitment drive as it completes plant expansion

Netherlands-based thermoplastic composite pipe (TCP) producer Strohm has completed its plant expansion, tripling the capacity for production to 140 kilometers of normalized pipe per annum. The expansion is said to be the biggest capital investment Strohm has undertaken since originally setting up th

about 3 years ago
Eni awards Expro with contract for LNG pre-treatment plant in Congo
Business Developments & Projects

Eni awards Expro with contract for LNG pre-treatment plant in Congo

UK-based energy services provider Expro Group has secured a long-term production solutions contract with Eni Congo, a subsidiary of Italian energy major Eni, for a liquefied natural gas (LNG) pre-treatment facility in Congo. Under the 10-year contract worth more than $300 million, Expro will design,

about 3 years ago
IHI considers converting LNG terminals into ammonia-based facilities
Business Developments & Projects

IHI considers converting LNG terminals into ammonia-based facilities

IHI Corporation, Japan’s LNG receiving and storage terminal manufacturer, has started looking into converting liquefied natural gas (LNG) receiving and storage terminals near many gas-fired power plants into ammonia-based facilities. The company said it will draw on its corrosion expertise and exper

about 3 years ago
Hyundai Samho taps GTT for tank design of ASYAD’s LNG carriers
Business Developments & Projects

Hyundai Samho taps GTT for tank design of ASYAD’s LNG carriers

Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design of two liquefied natural gas (LNG) carriers from French LNG containment specialist GTT. According to GTT’s statement, the tank design order was placed on behalf of a Middle Eastern shipowner at the beginning of 2023. T

about 3 years ago
Atura Power awards Howden with hydrogen compressor contract
Business Developments & Projects

Atura Power awards Howden with hydrogen compressor contract

Scotland-based Howden, a provider of mission-critical air and gas handling products, technologies, and services, has signed a contract to provide five hydrogen diaphragm compressors for Atura Power’s, a subsidiary of Ontario Power Generation, Niagara Hydrogen Centre in Ontario, Canada. The facility,

about 3 years ago
Petrobras hires TechnipFMC for life-of-field services
Business Developments & Projects

Petrobras hires TechnipFMC for life-of-field services

Brazilian oil and gas giant Petrobras has awarded TechnipFMC with a contract for life-of-field services to support the company’s installed base offshore Brazil. Under the master services agreement (MSA), TechnipFMC will deliver installation, intervention, and maintenance of equipment and tooling, as

about 3 years ago
car carrier SAIC Anji
Business Developments & Projects

SAIC Anji revs up green shipping with order of 7 methanol-ready car carriers

SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has ordered the construction of seven methanol-ready car carriers. The deal has been split into two separate orders featuring Pure Car and Truck Carrier (PCTC) vessels of 8,900 CEU capacity. Fou

about 3 years ago
Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost
Business Developments & Projects

Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost

Borr Drilling has disclosed its updated 2022 and 2023 financial guidance, showing a significant improvement in both cases.

about 3 years ago
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