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Port of Long Beach joins clean hydrogen alliance
Business Developments & Projects

Port of Long Beach joins clean hydrogen alliance

The Port of Long Beach has joined the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public-private partnership formed to help capture federal funding for developing a renewable hydrogen market in California. ARCHES was launched to serve as the lead applicant for California’s bid t

about 3 years ago
Yangzijiang Shipbuilding Group
Business Developments & Projects

Yangzijiang Shipbuilding seals orders for 22 vessels amid growing demand for green ships

China-based Yangzijiang Shipbuilding revealed that it has secured orders for a total of 22 vessels since last August, achieving its highest-ever total orderbook value of $10.27 billion and extending its revenue visibility to mid-2025. Out of the orders for the 22 vessels, six are 66,000 dwt bulk car

about 3 years ago
UK North Sea Transition Authority
Business Developments & Projects

UK opens its first oil and gas licensing round since 2019 to boost energy security

UK government has launched the 33rd offshore oil and gas licensing round, making 898 blocks and part-blocks available in an effort to boost the country’s energy security.

about 3 years ago
Technical challenges postpone launch of Baltic Pipe receiving terminal
Business Developments & Projects

Technical challenges postpone launch of Baltic Pipe receiving terminal

Commissioning of Baltic Pipe’s receiving terminal in Western Jutland is set to be further delayed due to technical challenges. This, however, will have no impact on the gas volumes sent to Poland. The receiving terminal for gas from Norway’s Europipe II should have been commissioned this Saturday, 8

about 3 years ago
EPC contract in place for Brunsbüttel LNG terminal
Business Developments & Projects

EPC contract in place for Brunsbüttel LNG terminal

French concessions and construction company VINCI has signed an engineering, procurement and construction (EPC) contract to build Germany’s first regasification terminal at Brunsbüttel at the mouth of the Elbe on the North Sea. VINCI signed a contract through its subsidiary Cobra IS and in a consort

about 3 years ago
CO2 carrier
Business Developments & Projects

Mitsubishi Shipbuilding breaks ground on LCO2 demonstration ship

The Shimonoseki Shipyard of Japan’s Mitsubishi Shipbuilding Corporation hosted today a keel laying ceremony for the hull of the demonstration test ship for liquefied CO2 transportation. The project was announced by the shipyard in February this year following a contract signing with compatriot shipp

about 3 years ago
Gjøa platform - Neptune Energy
Business Developments & Projects

Neptune to maintain higher gas exports to UK

Oil and gas company Neptune Energy has extended the period of higher gas production from the Duva offshore field in Norway.

about 3 years ago
The Arklow Bank offshore wind project in Ireland by SSE
Business Developments & Projects

SSE, Equinor plan 1.3 GW Dogger Bank D offshore wind project

SSE Renewables and Equinor are looking into building what would be the fourth part of Dogger Bank Wind Farm, the world’s largest offshore wind farm, whose three phases (A, B and C) are currently under construction. Surveys are now underway at an offshore site where the partners want to develop Dogge

about 3 years ago
Yinson
Business Developments & Projects

Banks support construction of new Yinson FPSO with $720 mln loan

Yinson has entered into a $720 million syndicated loan facility for an FPSO being built to operate for Petrobras in waters offshore Brazil.

about 3 years ago
Shell revealed as buyer of UK gas asset
Business Developments & Projects

Shell revealed as buyer of UK gas asset

Reabold Resources has disclosed that Shell is the oil and gas major, which is in the process of acquiring Corallian Energy.

about 3 years ago
Höegh LNG’s FSRU Independence to change owner
Business Developments & Projects

Höegh LNG’s FSRU Independence to change owner

Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership is expected to occur in December 2024.

about 3 years ago
Empire Wind 1
Business Developments & Projects

Nexans signs export cable contract for BP and Equinor’s US offshore wind project

Nexans has landed a significant contract for phase one of the Empire Wind offshore wind project developed by a 50/50 partnership between BP and Equinor. This contract follows the preferred supplier agreement signed in March 2021 and covers the design and manufacturing, as well as the laying and prot

about 3 years ago
Stena IceMax; Source: Stena Drilling
Business Developments & Projects

Energean hits gas discovery in waters off Israel

Energean has made a gas discovery with the Hermes exploration well offshore Israel and has moved on to drill the next well in the campaign.

about 3 years ago
Rolls-Royce and SOWITEC team up to boost power-to-X projects
Business Developments & Projects

Rolls-Royce and SOWITEC team up to boost power-to-X projects

Rolls-Royce business unit Power Systems and renewable energy projects developer SOWITEC have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 MW by 2028. As explained, the plants will use renewable energy sources to generate electrical

about 3 years ago
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