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Business Developments & Projects

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Rig moves to fourth well in Black Sea drilling campaign
Business Developments & Projects

Rig moves to fourth well in Black Sea drilling campaign

Trillion Energy has spudded the fourth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

about 3 years ago
RCL
Business Developments & Projects

Meyer Turku, Finnish Govt to work on climate-neutral ships with RCL

The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the

about 3 years ago
Bureau Veritas and ThorCon to develop nuclear power barge
Business Developments & Projects

Bureau Veritas and ThorCon to develop nuclear power barge

Classification society Bureau Veritas and nuclear power technology developer ThorCon have entered an agreement for the technology qualification and the subsequent development of a 500 MW molten salt nuclear power barge for operations in Indonesia.

about 3 years ago
Scotland-Rotterdam hydrogen highway in the making
Business Developments & Projects

Scotland-Rotterdam hydrogen highway in the making

A consortium of international partners has launched a new project that aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC). The project named LOHC for Hydrogen Transport from Scotland (LHyTS) seeks to demonstrate that LOHC, in the form of m

about 3 years ago
UK firm expects its entry into Angola early next year
Business Developments & Projects

With inroads made in Sonangol and INA deals, UK firm expects entry into Angola early next year

Afentra has made progress on completing deals with Sonangol and INA-Industrija Nafte to acquire interests in blocks offshore Angola.

about 3 years ago
Petronas, Eni and Euglena ponder biorefinery opportunity in Malaysia
Business Developments & Projects

Petronas, Eni and Euglena ponder biorefinery opportunity in Malaysia

Malaysian oil and gas company Petronas has teamed up with Italian energy company Eni and Japan’s biotechnology firm Euglena to explore an opportunity for biorefinery development in Malaysia. On 14 December, the three companies announced their intention to jointly study the possibility of developing

about 3 years ago
HMM
Business Developments & Projects

Report: South Korea needs to end public financing for fossil-fueled ships, including LNG

If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an

about 3 years ago
Alfa Laval to support US refinery biofuel transition
Business Developments & Projects

Alfa Laval to support US refinery biofuel transition

Swedish sustainable solutions provider Alfa Laval has entered into an agreement with a subsidiary of CVR Energy, a US-based renewable fuels and petroleum refining company, to supply processing systems for feedstock pre-treatment, part of a strategic investment in the refinery supporting CVR’s expans

about 3 years ago
Tullow expands its oil & gas portfolio in Côte d’Ivoire
Business Developments & Projects

Tullow expands its oil & gas portfolio in Côte d’Ivoire

Tullow Oil has added a new license in Côte d’Ivoire to its asset portfolio, following the inking of a PSC for this offshore license.

about 3 years ago
DSME joins hands with POSCO on eco-friendly shipbuilding materials
Business Developments & Projects

DSME joins hands with POSCO on eco-friendly shipbuilding materials

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has signed a business agreement with compatriot steel-making company POSCO to establish a cooperative system for the development and application of new materials for shipbuilding.

about 3 years ago
Israel’s NewMed Energy sees ‘enormous potential’ for gas & oil off Morocco
Business Developments & Projects

Israeli player sees ‘enormous potential’ for gas & oil off Morocco

Israel’s NewMed Energy has inked deals for the natural gas and oil exploration and production activities in a license off Morocco.

about 3 years ago
Fluxys offering 13 additional slots at Zeebrugge LNG terminal
Business Developments & Projects

Fluxys offering 13 additional slots at Zeebrugge LNG terminal

Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has decided to provide additional LNG slots at the Zeebrugge LNG terminal. With an intention to ensure increased LNG supply into Europe, Fluxys will be offering 13 additional primary slots to unload, store and regasify LNG cargo

about 3 years ago
steel cutting for Eastern Pacific Shipping
Business Developments & Projects

Xiamen Shipbuilding cuts steel for 3rd EPS feeder

Chinese shipbuilder Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel cutting ceremony for a 2,900 TEU feeder being built for Eastern Pacific Shipping (EPS). This is the third vessel from a series of six firm vessels, ordered back in March 2022. Under the contract, EP

about 3 years ago
Odfjell asked to address nonconformities on semi-submersible rig
Business Developments & Projects

Odfjell asked to address nonconformities on semi-submersible rig

Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

about 3 years ago
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