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Avenir completes its first LNG delivery to Finnish Hamina LNG terminal
Business Developments & Projects

Avenir completes its first LNG delivery to Finnish Hamina LNG terminal

UK-based Avenir LNG has completed its first liquefied natural gas (LNG) delivery into the newly commissioned Hamina LNG terminal in Finland. On 22 November, Avenir LNG provided an update on its social media channels stating that the LNG cargo was loaded by Avenir Supply & Trading onboard its vessel

about 3 years ago
InfinityWEC design with upgraded PTO (Courtesy of Ocean Harvesting)
Business Developments & Projects

Swedish company upgrades wave energy system

Ocean Harvesting Technologies has upgraded its InfinityWEC wave energy converter with innovative power take-off (PTO) solution, which is expected to contribute to the reduction of electricity production costs.

about 3 years ago
ABB’s solution targets reduced costs of green hydrogen production
Business Developments & Projects

ABB’s solution targets reduced costs of green hydrogen production

Swedish-Swiss technology company ABB has launched its energy management system for the green hydrogen market to help reduce the costs of production. The solution named ABB Ability OPTIMAX enables real-time visibility of energy consumption across operations. According to the Green Hydrogen Catapult,

about 3 years ago
Oil & gas player under scrutiny for potential license breach
Business Developments & Projects

Oil & gas firm under scrutiny over potential North Sea license breach

Amid ongoing flaring and venting crackdown, the UK’s regulator has launched a probe to look into an undisclosed oil and gas company.

about 3 years ago
Autonomous seismic survey subsea nodes set for commercial ops in 2024
Business Developments & Projects

Autonomous seismic survey subsea nodes set for commercial ops in 2024

Blue Ocean Seismic Services (BOSS) has completed a series of passive and active seismic trials for its Marine Swarm Robotics technology, putting it on track to commence pre-commercial trials in the second half of 2023. Backed by bp Ventures, Woodside Energy and Blue Ocean Monitoring, BOSS is develop

about 3 years ago
Hudong-Zhonghua lays keel for CSSC Shipping’s 4th LNG carrier
Business Developments & Projects

Hudong-Zhonghua lays keel for CSSC Shipping’s 4th LNG carrier

Chinese shipyard Hudong-Zhonghua Shipbuilding has held a keel laying ceremony for a new liquified natural gas (LNG) carrier being built for China Ship Leasing, the leasing entity of the China State Shipbuilding Corporation (CSSC) Group.

about 3 years ago
Titan delivers first LNG to P&O Cruises’ Arvia
Business Developments & Projects

Titan delivers first LNG to P&O Cruises’ Arvia

Titan, the Dutch independent fuel supplier to the marine industry, has concluded the first liquefied natural gas (LNG) delivery to P&O Cruises’ second LNG-powered Excel-class cruise ship Arvia. According to a social media update from Titan, former Titan LNG, the LNG delivery was concluded last week

about 3 years ago
Noble jack-up rig spuds Shell’s high-impact gas prospect in North Sea
Business Developments & Projects

Noble jack-up rig spuds Shell’s high-impact gas prospect in North Sea

UK-headquartered energy giant Shell has kicked off drilling operations on a gas prospect in the North Sea, using a Noble-owned rig.

about 3 years ago
Russia’s Gazprom sets LNG production as the top priority
Business Developments & Projects

Russia’s Gazprom sets LNG production as the top priority

Russian natural gas supplier Gazprom has decided to set its liquefied natural gas (LNG) production as one of its top priorities. Gazprom’s board of directors expressed its approval of the company’s ongoing projects for the production and supply of LNG. The company noted that the creation of new capa

about 3 years ago
Helix floating production vessel stays with Talos
Business Developments & Projects

Helix floating production vessel stays with Talos

Helix Energy Solutions has secured a contract extension with an affiliate of oil and gas company Talos Energy for a floating production vessel in the Gulf of Mexico. Under the one-year extension deal, the Helix Producer I floating production vessel will stay with Talos until 1 June 2024. The 1986-bu

about 3 years ago
Maersk
Business Developments & Projects

Maersk wants 25pct of ocean cargo to be transported with green fuels by 2030

Danish container shipping major Maersk has set ambitious 2030 targets as part of its 2040 decarbonization strategy that includes having at least a quarter of its ocean cargo transported with green fuels. “Nobody can predict the future, and there is still a lot of uncertainty. In the next 18 years, n

about 3 years ago
UK player drops Moroccan asset as farm-out plans come to naught
Business Developments & Projects

UK oil & gas firm drops Moroccan asset as farm-out plans come to naught

Europa Oil & Gas has decided to relinquish a license offshore Morocco, as its farm-out process did not yield results.

about 3 years ago
Norf to Linc Route (Courtesy of Debra Massey/Elaborate Communications)
Business Developments & Projects

Plans laid for the world’s first tidal energy-powered deep sea container terminal

Centre Port Holdings, a UK-based marine and renewable energy infrastructure developer, has unveiled plans for a scheme that will use tidal energy to power a deep sea automated container terminal capable of processing between 1.5 and 4 million containers annually.

about 3 years ago
Oilfield services giants get a slice of Aramco's iktva pie as Saudi player dishes out $11bln
Business Developments & Projects

Oilfield services giants get a slice of Aramco’s iktva pie as Saudi player dishes out $11 bln

Saudi oil and gas giant Aramco has signed corporate procurement agreements (CPAs) with oilfield services majors Baker Hughes, Halliburton and SLB, among other companies, as part of its iktva program. Aramco signed 59 CPAs with 51 local and global manufacturers, valued at $11 billion, which are expec

about 3 years ago
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