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Snam to pour €10 billion by 2026 in Italy’s gas security
Business Developments & Projects

Snam to pour €10 billion by 2026 in Italy’s gas security

Italy’s energy infrastructure operator Snam has revealed its plans to invest a total of €10 billion ($10.8 billion) by 2026 in strengthening its transport, storage and LNG business to contribute to the country’s energy security. The investment is part of Snam’s 2022-2026 Strategy Plan, which was app

about 3 years ago
Höegh LNG and Germany firm up second 10-year FSRU charter deal
Business Developments & Projects

Höegh LNG and Germany firm up second 10-year FSRU charter deal

Norwegian shipowner Höegh LNG has signed its second binding time charter contract with the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for the floating storage and regasification unit (FSRU). Under the 10-year contract, FSRU Höegh Gannet will be allocated to the new liquef

about 3 years ago
Equinor given the all-clear for North Sea drilling ops with Transocean rig
Business Developments & Projects

Equinor secures the all-clear for North Sea drilling ops with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s semi-submersible rigs for drilling ops in the North Sea.

about 3 years ago
Aerial view of EMEC's Billia Croo wave energy test site (Courtesy of EMEC)
Business Developments & Projects

EMEC streamlines consenting for its Billia Croo wave energy test site

The European Marine Energy Centre (EMEC) has been awarded a site-wide section 36 consent at its grid-connected Billia Croo wave test site off the west coast of Orkney in Scotland.

about 3 years ago
ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan
Business Developments & Projects

ACWA Power to work on first green hydrogen and ammonia projects in Uzbekistan

ACWA Power, a Saudi developer, investor, and operator of power generation, water desalination, and green hydrogen plants worldwide, Uzbekistan’s Ministry of Energy, and Uzkimyosanoat, an Uzbekistan-owned chemical company, have signed extensive heads of terms agreements to develop a green hydrogen fa

about 3 years ago
NextDecade adds ITOCHU to Rio Grande LNG buyers list
Business Developments & Projects

NextDecade adds ITOCHU to Rio Grande LNG buyers list

US energy company NextDecade has entered into a sale and purchase agreement (SPA) with Japanese general trading company ITOCHU Corporation for the supply of liquefied natural gas (LNG) from its Rio Grande LNG export project in Brownsville, Texas. Under the agreement, ITOCHU will purchase 1.0 million

about 3 years ago
Saipem unveils new solution for offshore energy operators
Business Developments & Projects

Saipem unveils new solution for offshore energy operators

Saipem has joined forces with MCS to launch a new asset integrity management system for offshore energy operators.

about 3 years ago
Politicians urged to set ambitious green fuel regulations
Business Developments & Projects

Politicians urged to set ambitious green fuel regulations

More than 40 signatories representing the entire value chain of green fuels, including Danish Shipping, have sent a joint letter calling on politicians to aim for a proactive and ambitious regulation in the present FuelEU Maritime trialogue. Associations and companies including fuel suppliers, end-u

about 3 years ago
OSM Maritime
Business Developments & Projects

OSM Maritime and Thome reveal merger plans

Ship management companies OSM Maritime Group and Thome Group have agreed to a merger of the two companies. The combined company will be named OSM Thome. “By joining our resources in OSM Thome, we will become an even better partner to our customers. With our emphasis on safe and efficient operations

about 3 years ago
ADNOC’s LNG carriers getting air lubrication tech
Business Developments & Projects

ADNOC’s LNG carriers getting air lubrication tech

UK-based cleantech company Silverstream Technologies has signed an agreement with Jiangnan Shipyard Group to supply its air lubrication technology on the newbuild LNG carrier program being constructed for ADNOC Logistics & Services (L&S).

about 3 years ago
GTT obtains AiP for its LNG membrane tank maintenance optimisation solution
Business Developments & Projects

GTT obtains AiP for its LNG membrane tank maintenance optimisation solution

In the Framework of Class Survey, Lloyd’s Register, a provider of classification and compliance services to the marine and offshore industries, has granted Approval in Principle (AiP) to the French LNG containment specialist GTT for the use of an innovative digital solution for sloshing activity ass

about 3 years ago
Equinor gearing up to drill Norwegian Sea prospect
Business Developments & Projects

Equinor gearing up to drill Norwegian Sea prospect

Equinor has received consent from Norway’s regulator for exploration drilling in the Norwegian Sea, using one of Odfjell Drilling’s rigs.

about 3 years ago
DNV certifies first Danish CO2 storage project
Business Developments & Projects

DNV certifies first Danish CO2 storage project

Project Greensand, a CO2 storage project being developed in Denmark, has received safety certification from DNV for its pilot phase. DNV has confirmed that the safety of the design and components meets Danish legislation as well as Danish and international standards. The awarding of the Statement of

about 3 years ago
Energean on track to ramp up its oil & gas output with new projects coming online this year
Business Developments & Projects

Energean on track to ramp up its oil & gas output once new projects come online

Energean is set on reaching its medium-term production target by boosting output from a field off Israel and bringing new projects on stream.

about 3 years ago
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