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LNG carrier
Business Developments & Projects

Samsung Heavy turns to GTT for tank design of seven LNG carriers

South Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for seven new LNG carriers from the French LNG containment specialist GTT. The order was placed on behalf of a Europan and an American ship owner. For this project, GTT will design the tanks of seven vessels, which will

about 3 years ago
Environmentalists call on Biden to stick to ‘no new drilling’
Business Developments & Projects

Environmentalists call on Biden to stick to ‘no new drilling’

Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.

about 3 years ago
NYK concludes investment and strategic alliance deals with Pertamina’s shipping subsidiary
Business Developments & Projects

NYK concludes investment and strategic alliance deals with Pertamina’s shipping subsidiary

Japanese shipping major NYK has concluded investment and strategic alliance agreements with PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesian state-owned oil and gas company PT Pertamina (Persero). NYK and PIS reached an agreement in principle on the investment back in O

about 3 years ago
Rig gearing up to drill oil & gas prospect in Caspian Sea
Business Developments & Projects

Rig gearing up to drill oil & gas prospect in Caspian Sea

KazMunayGas and Lukoil have set the wheels into motion to mobilise a rig to carry out drilling ops in the Caspian Sea in mid-December.

about 3 years ago
New green project aims to boost zero-emission shipbuilding in Scotland
Business Developments & Projects

New green project aims to boost zero-emission shipbuilding in Scotland

Marine engineers Ecomar Propulsion, and the National Manufacturing Institute Scotland (NMIS), operated by the University of Strathclyde, have kicked off a research and development (R&D) project aimed at bringing the manufacture of key parts used in zero-emissions electric boats to the UK.

about 3 years ago
New assignments for DOF vessels in West Africa
Business Developments & Projects

New assignments for DOF vessels

Norway’s DOF Group has secured multiple new jobs in the Atlantic region with an undisclosed operator in West Africa.

about 3 years ago
OMV sets up new corporate structure for sustainable growth
Business Developments & Projects

OMV sets up new corporate structure for sustainable growth

Austrian oil and gas company OMV has introduced its new corporate structure to deliver on ambitions to become a net-zero company, which will come into effect on 1 January 2023. According to OMV, the new structure is designed to fully enable the delivery of Strategy 2030 and drive its transition towa

about 3 years ago
e1 Marine and NAVTEK partner on hydrogen-powered vessels
Business Developments & Projects

e1 Marine and NAVTEK partner on hydrogen-powered vessels

Renewable energy company e1 Marine has signed a Memorandum of Understanding (MoU) with naval design and engineering specialist NAVTEK to develop hydrogen-powered vessels and port applications for the European market.

about 3 years ago
Africa turning into hotspot for oil & gas exploration as investments reach whopping $5.1 bln in 2022
Business Developments & Projects

Africa turning into hotspot for oil & gas exploration as investments reach $5.1 bln in 2022

Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.

about 3 years ago
Corepower
Business Developments & Projects

Core Power CEO: Biggest ships can benefit the most from nuclear power

The largest ocean-going vessels, which are the largest polluters, can reap the greatest benefits from the new nuclear power technologies, according to Mikal Bøe, CEO of London-based Core Power.

about 3 years ago
‘Huge day’ for Europe as Baltic Pipe goes full throttle
Business Developments & Projects

‘Huge day’ for Europe as Baltic Pipe goes full throttle

Baltic Pipe has reached its full capacity, connecting gas systems in Norway, Denmark and Poland, ensuring security of supply in Europe.

about 3 years ago
The Rig emerges from stormy North Sea wrapping crew in triller galore
Business Developments & Projects

The Rig emerges from stormy North Sea wrapping crew in supernatural thriller galore

Amazon Prime is bringing a new supernatural thriller series, the first Amazon Original to be filmed entirely in Scotland, titled The Rig.

about 3 years ago
After wrapping up work for Equinor, Valaris rig goes for periodic survey
Business Developments & Projects

After wrapping up work for Equinor, Valaris rig goes for periodic survey

Valaris has revealed that one of its jack-up rigs, which recently worked for Equinor, will be undergoing a ten-year special periodic survey.

about 3 years ago
Greece, Bulgaria, Romania and Hungary agree to develop natural gas Vertical Corridor
Business Developments & Projects

Greece, Bulgaria, Romania and Hungary agree to develop natural gas Vertical Corridor

Gas systems operators from Greece, Bulgaria, Romania and Hungary have signed a memorandum of understanding (MoU) with the purpose to cooperate on the realisation of the Vertical Corridor, which will enable bi-directional flows of natural gas from North to South and from South to North. The MoU was s

about 3 years ago
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