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P&O Ferries reduces 2022 carbon footprint by 9 per cent
Business Developments & Projects

P&O Ferries reduces 2022 carbon footprint by 9 per cent

British ferry operator P&O Ferries has revealed it has reduced its carbon footprint by 9 per cent through maximizing the efficiency of sailings and with the help of new partnership.

about 3 years ago
UK oil & gas player getting rid of two ‘non-core’ North Sea discoveries
Business Developments & Projects

UK oil & gas player getting rid of two ‘non-core’ North Sea discoveries

Orcadian Energy has entered into a non-binding heads of agreement with Rapid Oil to dispose of its interests in two North Sea discoveries.

about 3 years ago
Silverstream
Business Developments & Projects

CMES to install Silverstream’s air lubrication tech on four large LNG carriers

UK’s cleantech company Silverstream Technologies has signed a deal with China Merchants Energy Shipping (CMES) to install its air lubrication technology on four 175,000cbm LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC). The agreement includes four firm installations of the

about 3 years ago
Plug to supply TC Energy with hydrogen liquefiers
Business Developments & Projects

Plug to supply TC Energy with hydrogen liquefiers

Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, has received an order to deliver two 30-tonnes-per-day (TPD) hydrogen liquefaction systems (hydrogen liquefiers) to TC Energy Corporation, North America’s energy infrastructure company. Plug said that the two

about 3 years ago
Trillion Energy plans more wells at Black Sea gas field
Business Developments & Projects

Trillion to boost production at Black Sea gas field with additional wells

Trillion Energy is planning to add three sidetrack wells to the development program for the SASB gas field, increasing the total number of wells at the Black Sea project from 17 to 20. Trillion Energy said it had identified several additional opportunities to increase production at the SASB gas fiel

about 3 years ago
Deutsche Umwelthilfe files objection to floating LNG terminal in Wilhelmshaven
Business Developments & Projects

Deutsche Umwelthilfe files objection to floating LNG terminal in Wilhelmshaven

Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection to the operating license and water law permit of the floating storage and regasification unit (FSRU) Höegh Esperanza in Wilhelmshaven. The floating LNG terminal in Wilhelmshaven wa

about 3 years ago
Crestchic Loadbanks
Business Developments & Projects

Seabound taps Crestchic Loadbanks to help test its carbon capture prototype

Startup climate-tech company Seabound has teamed up with Crestchic Loadbanks, a specialist in the provision of load bank testing equipment, to test Seabound’s carbon capture prototype. London-based Seabound has developed a unique carbon capture device that traps and stores CO2 from fuel exhaust with

about 3 years ago
TechnipFMC scores more work with Wintershall Dea off Norway
Business Developments & Projects

TechnipFMC scores more work with Wintershall Dea off Norway

TechnipFMC has secured an engineering, procurement, construction, and installation (EPCI) contract with oil and gas company Wintershall Dea Norge for a gas field located offshore Norway. The contract covers the design, engineering, manufacture, and installation of pipe for the Dvalin North field, wh

about 3 years ago
EU Innovation Fund boosts Belgian companies’ CO2ncrEAT project
Business Developments & Projects

EU Innovation Fund boosts Belgian companies’ CO2ncrEAT project

EU Innovation Fund will provide a €4.5 million grant for four Belgian companies, Prefer, a manufacturer of construction materials, Fluxys Belgium, an infrastructure operator, Lhoist, a lime producer and supplier of CO2, and Orbix, a holder of the technology and ad-hoc raw materials, for their joint

about 3 years ago
Shell finds gas in North Sea prospects and embarks on full well testing programme
Business Developments & Projects

Shell finds gas in North Sea prospect and embarks on commerciality evaluation

Shell has made a gas discovery in an exploration well in the North Sea, which was spudded using a Noble-owned rig.

about 3 years ago
With ‘diversity in the player landscape,’ Norway offers offshore oil & gas licenses to 25 firms
Business Developments & Projects

With ‘diversity in the player landscape,’ Norway offers offshore oil & gas licenses to 25 firms

Norway has offered production licenses to 25 companies for further exploration activity on the Norwegian continental shelf (NCS).

about 3 years ago
Norwegian seismic company backs Nigeria's upcoming deepwater bidding round
Business Developments & Projects

Norwegian seismic company backs Nigeria’s upcoming deepwater bidding round

Norwegian seismic company PGS is supporting the upcoming Nigeria 2022 Mini Bid Round with a range of 3D coverage over the seven blocks that will be on offer. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced in mid-December 2022 that it is planning to hold a mini-bid round for

about 3 years ago
Vincent Clerc, CEO of Maersk
Business Developments & Projects

Maersk expands executive team as Clerc takes over the reins

Danish container shipping major Maersk has appointed a new executive leadership team as the company kick-starts the year under the helm of Vincent Clerc as CEO. As we reported earlier, Clerc took over the reins at A.P. Moller – Maersk on January 1, 2023, following the retirement of his predecessor S

about 3 years ago
Report: Pakistan ready to sell LNG plants to Qatar for $1.5 billion
Business Developments & Projects

Report: Pakistan ready to sell LNG plants to Qatar for $1.5 billion

Pakistan’s government has decided to sell two LNG-fired plants to Qatar in a direct $1.5 billion deal to avoid a looming sovereign default, according to reports by Pakistani media outlets. Pakistani daily newspaper The Express Tribune writes that “the government has quietly delisted two power plants

about 3 years ago
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