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thyssenkrupp Uhde and ADNOC ally on ammonia cracking to boost hydrogen economy
Business Developments & Projects

thyssenkrupp Uhde and ADNOC ally on ammonia cracking to boost hydrogen economy

thyssenkrupp Uhde, a Germany-based subsidiary of thyssenkrupp Group that specialises in chemical engineering, and the Abu Dhabi National Oil Company (ADNOC) have signed a Memorandum of Understanding (MoU) to explore a long-term partnership to create new markets for hydrogen and promote global clean

about 3 years ago
Wison starts building Eni’s 2nd Congo-bound FLNG unit
Business Developments & Projects

Wison starts building Eni’s 2nd Congo-bound FLNG unit

Chinese shipyard Wison Heavy Industry has officially started the construction of a 2.4 million tonnes per year (mtpa) floating liquefied natural gas (FLNG) unit ordered by Italian oil and gas company Eni. The construction began on 17 January with over 200 people attending the opening ceremony, Wison

about 3 years ago
Subsea 7 deepwater vessels to sport MDL’s bespoke aft recovery system
Business Developments & Projects

Subsea 7 deepwater vessels to sport MDL’s bespoke aft recovery system

Maritime Developments (MDL) has delivered a bespoke aft recovery system for multiple Subsea 7 vessels operating in deep water.

about 3 years ago
Japanese duo wins DNV’s nod for ammonia-fuelled ship design
Business Developments & Projects

Japanese duo wins DNV’s nod for ammonia-fuelled ship design

Classification society DNV has awarded approval in principle (AiP) to ammonia-fuelled ship design developed by Japanese companies Sumitomo Corporation and Oshima Shipbuilding.

about 3 years ago
Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030
Business Developments & Projects

Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030

Transocean has kicked off a private offering of $1.175 bln of secured notes due in 2030 to cover the redemption of outstanding existing ones.

about 3 years ago
BP plans new hydrogen hub with repurposed oil&gas facilities in Germany
Business Developments & Projects

BP plans new hydrogen hub with repurposed oil&gas facilities in Germany

British energy company BP has revealed plans to evaluate the feasibility of building a new hydrogen hub and utilise repurposed oil and gas facilities to transport hydrogen in Germany. According to BP, the project would be located in Wilhelmshaven and include an ammonia cracker which could provide up

about 3 years ago
EURONAV
Business Developments & Projects

Euronav demands emergency arbitration over Frontline’s merger termination

Belgian tanker shipping giant Euronav has filed a request for emergency arbitration over Frontline’s decision to end the planned merger of the two companies. “Euronav is requesting to suspend such termination pending a determination on the merits pursuing primarily the specific performance of the co

about 3 years ago
Gasunie joins hydrogen storage pilot project in Germany
Business Developments & Projects

Gasunie joins hydrogen storage pilot project in Germany

Energy infrastructure company Gasunie has partnered up with the storage operator STORAG Etzel for H2CAST, the hydrogen storage project in the Etzel caverns in the German state of Lower Saxony. Gasunie said that with H2CAST, which stands for H2 CAvern Storage Transition, the two companies, together w

about 3 years ago
Illustration, bulker
Business Developments & Projects

Fujian Guohang Ocean Shipping poised to order bulker quartet

Beijing-listed Fujian Guohang Ocean Shipping has announced that it plans to order four 73,800 dwt bulk carriers with Jiangsu Haitong Offshore Engineering Equipment. Under the terms of the contract, the Chinese shipowner has the option to order two additional Panamax dry vessels from the series. The

about 3 years ago
UK firm chosen to drill well offshore Isle of Man
Business Developments & Projects

UK firm chosen to drill well offshore Isle of Man

Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy with a contract to drill an appraisal well this year in the Crogga gas field in the Irish Sea. The 112/25a-2 appraisal well, called Independence, will be used to establish commercial flow rates of gas

about 3 years ago
BASF’s LNG pre-treatment technology receives ExxonMobil qualification
Business Developments & Projects

BASF’s LNG pre-treatment technology receives ExxonMobil qualification

Following discussions and technical evaluation, American oil and gas corporation ExxonMobil has awarded German-based chemical producer BASF with a technology qualification for its Durasorb™ Cryo-HRU technology. This means that Durasorb Cryo-HRU is now available to ExxonMobil project managers and pro

about 3 years ago
German operator of state-chartered FSRUs is up and running
Business Developments & Projects

German operator of state-chartered FSRUs is up and running

Germany’s newly founded state-owned company that is in charge of five floating storage and regasification units (FSRUs) chartered for the country’s LNG terminals has started its business operations. On 16 January, Federal Ministry of Economic Affairs and Climate Action (BMWK) said that Deutsche Ener

about 3 years ago
MAN ES to future-proof Solvang’s gas tanker with engine upgrade
Business Developments & Projects

MAN ES to future-proof Solvang’s gas tanker with engine upgrade

German engine manufacturer MAN Energy Solutions (MAN ES) has revealed that its division MAN PrimeServ will perform optimisation of the propulsion drivetrain of Solvang ASA’s gas tanker.

about 3 years ago
US DOE funds ocean energy systems research in Guam
Business Developments & Projects

US DOE funds ocean energy systems research in Guam

The U.S. Department of Energy (DOE) is allocating $400,000 in funding for research at the University of Guam to explore the potential for ocean energy systems (OES) to power the proposed Guam Aquaculture Innovation Center.

about 3 years ago
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