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MSC Chiyo
Business Developments & Projects

MSC dominates the industry with record-breaking 124-ship orderbook

Swiss-based container shipping giant MSC has the largest orderbook by far in the industry with 124 containerships on order. Namely, MSC has 14 megamax ships and 22 neo-panamax ships on order scheduled for delivery in 2023, according to Alphaliner. The orders are spread between Chinese and South Kore

about 3 years ago
Guyana & Bakken getting lion’s share of Hess’ budget boost once again
Business Developments & Projects

Guyana & Bakken getting lion’s share of Hess’ budget boost once again

Hess Corporation has unveiled its Exploration & Production capital and exploratory budget for 2023, which will amount to $3.7 billion.

about 3 years ago
GIINGL: LNG import growth highest since 2010
Business Developments & Projects

LNG industry sees first use of GIIGNL’s MRV and GHG neutral framework

Monitoring, Reporting, and Verification (MRV) and GHG Neutral Framework by the International Group of LNG Importers GIIGNL has been used for the first time with Shell Eastern LNG’s delivery of a pilot GHG-neutral LNG cargo from the Gorgon Project in Australia to CPC Corporation, Taiwan. The framewor

about 3 years ago
2010-built multi-purpose support vessel receives contract extension
Business Developments & Projects

2010-built multi-purpose support vessel receives contract extension

Norway’s Simon Møkster Shipping has secured a contract extension for its multi-purpose support vessel (MPSV) with an existing client. The offshore vessel owner reported that a sixth-month option had been declared for the Stril Explorer with an existing client, following a contract period of more tha

about 3 years ago
LNG Croatia FSRU receives first LNG cargo from Mozambique
Business Developments & Projects

LNG Croatia FSRU receives first LNG cargo from Mozambique

LNG Croatia, a state-owned operator of the Krk LNG terminal, has received the first cargo from Mozambique. The LNG cargo was delivered onboard the 2019-built carrier British Mentor on 23 January. According to the operator’s update, the British Mentor will leave the terminal on 25 January after deliv

about 3 years ago
Rovco grows its fleet to service offshore wind projects
Business Developments & Projects

Rovco grows its fleet to service offshore wind projects

Rovco, a UK provider of subsea robotics and integrated survey, has signed an initial three-year charter party agreement with Glomar Offshore for the multi-purpose support vessel Glomar Supporter, as part of its growth strategy within its site characterization business unit.

about 3 years ago
French cable maker taking steps to improve eco-balance of power cables
Business Developments & Projects

French cable maker taking steps to improve eco-balance of power cables

France-headquartered cabling firm Nexans has developed a material for improved eco-balance of power cables in partnership with aluminium producer Trimet. In a joint development project, the two companies have developed a material with recycled aluminium content for the production of aluminium rod us

about 3 years ago
Allseas picked to play ‘key role’ in North Sea gas development
Business Developments & Projects

Allseas picked to play ‘key role’ in North Sea gas development

Allseas has been hired by ONE-Dyas to provide its offshore engineering expertise for a gas field development in the Dutch North Sea.

about 3 years ago
lng bunker
Business Developments & Projects

Arroyo invests in Seaside LNG and its affiliates

Arroyo Investors, a Houston-based, independent investment manager focused on power and energy infrastructure assets throughout the Americas, have closed an investment in Seaside LNG and its affiliated entities, an integrated shore-side LNG liquefaction and bunkering platform in the US. Brandon Wax,

about 3 years ago
RVO soon to open geotechnical survey tender for Nederwiek II & III
Business Developments & Projects

RVO soon to open geotechnical survey tender for Nederwiek II & III

The Netherlands Enterprise Agency (RVO) plans to publish a call for tenders for geotechnical investigations at the Nederwiek Wind Farm Zone sites II and III in March 2023. The contract will be divided into two lots. Lot 1 will comprise executing an offshore seabed campaign, including seabed cone pen

about 3 years ago
Scandinavian Biogas partners with farmers to produce bio-LNG for maritime sector
Business Developments & Projects

Scandinavian Biogas partners with farmers to produce bio-LNG for maritime sector

Swedish biogas producer Scandinavian Biogas, in collaboration with local farmers, is building a large-scale biogas plant in Mönsterås in Kalmar County. The facility, with an estimated production capacity of 120 GWh, will produce liquefied biogas (bio-LNG) with manure as feedstock. The production is

about 3 years ago
WATCH: New documentary shines a light on workers behind UK’s changing offshore energy industry
Business Developments & Projects

WATCH: New documentary shines a light on workers behind winds of change in UK’s offshore energy industry

OEUK has launched a documentary, highlighting the workers, which are spearheading the UK’s energy transition to net-zero.

about 3 years ago
Illustration/Tidal turbine developed by Scottish company Nova Innovation (Courtesy of Nova Innovation)
Business Developments & Projects

New study lists benefits of wave and tidal for Great Britain’s power system

Supergen ORE Hub and the University of Edinburgh’s Policy and Innovation Group have released a study that quantifies the potential power system benefits that the Great Britain stands to gain through wave energy and tidal stream deployments.

about 3 years ago
Project Air receives €97 million grant from EU Innovation Fund
Business Developments & Projects

Project Air receives €97 million grant from EU Innovation Fund

Perstorp, a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), Uniper, a Germany-based energy company, and the European Climate, Infrastructure, and Environment Executive Agency (CINEA) have signed an agreement granting €97 million in funds to Project Air from the Innovation Fund. The

about 3 years ago
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