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As current CFO heads for the exit, Equinor picks out new one
Business Developments & Projects

As current CFO heads for the exit, Equinor picks out new one

Equinor has appointed a new CFO as its current one has decided to step down from the role to pursue a career outside the firm.

about 3 years ago
Bay du Nord FPSO
Business Developments & Projects

Norwegian contractor designs hull for Bay du Nord FPSO

Norway’s Salt Ship Design has designed a hull for a harsh environment FPSO, which will serve on Equinor’s Bay du Nord project in Canada.

about 3 years ago
Ports of Halifax and Hamburg
Business Developments & Projects

Ports of Halifax and Hamburg forge ties on hydrogen, green energy corridor

The Halifax Port Authority and Hamburg Port Authority have joined hands on decarbonizing the shipping corridor between Halifax, on Canada’s east coast, and Hamburg, along Germany’s northwest coast. The two port authorities signed a Memorandum of Understanding in Hamburg on September 29, 2022. The Mo

about 3 years ago
Brazil-bound FPSO reaches its destination
Business Developments & Projects

FPSO for Petrobras’ revitalisation project reaches Brazilian waters

After making a few stops on the way, an FPSO vessel, destined for Petrobras’ revitalisation project, has arrived in Brazil.

about 3 years ago
Scottish 4.1 GW offshore wind site soon to buzz with activity
Business Developments & Projects

4.1 GW Scottish offshore wind site soon to buzz with activity

SSE Renewables is set to soon return to the 4.1 GW Berwick Bank Wind Farm located off the east coast of Scotland to commence further geotechnical survey work. Fugro is in charge of carrying out the work and will use the 83-meter long Fugro Scout. The survey is planned to mobilize between 7 and 10 [&

about 3 years ago
TotalEnergies eyes top position in LNG production as it moves away from Russia
Business Developments & Projects

TotalEnergies eyes top position in LNG production as it moves away from Russia

French energy giant TotalEnergies is ramping up investments in liquefied natural gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition, according to the company’s 2022 Strategy & Outloo

about 3 years ago
Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella)
Business Developments & Projects

Sabella signs tidal energy deal in Indonesia

Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal farm development in the world’s largest archipelagic state.

about 3 years ago
PTT, AET contract signing
Business Developments & Projects

PTT, AET to build two zero-emission Aframaxes

Thai state-owned oil and gas company PTT and AET, the petroleum arm of MISC, have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia. Under the agreement, AET will select a suitable shipyard and the two zero-e

about 3 years ago
Subsea-7-books-four-US-vessels-for-Gulf-of-Mexico-ops
Business Developments & Projects

Subsea 7 books four US vessels for Gulf of Mexico ops

Subsea 7 has entered into four long-term charter agreements with Otto Candies and Bordelon Marine for the deployment of Jones Act-compliant vessels in the Gulf of Mexico. The agreements cover the IRM, survey, and light construction vessels Grant Candies, Wyatt Candies and Ross Candies, under charter

about 3 years ago
INEOS hires Atkins to design low-carbon hydrogen plant in Scotland
Business Developments & Projects

INEOS hires Atkins to design low-carbon hydrogen plant in Scotland

UK energy player INEOS has awarded a contract to Atkins, a member of the SNC Lavalin Group, to design a world-scale low-carbon hydrogen plant at its site in Grangemouth, Scotland. The new hydrogen plant, slated for operation in 2030, will see INEOS remove more than one million tonnes of carbon emiss

about 3 years ago
Höegh Autoliners
Business Developments & Projects

Höegh Autoliners to run 5pct of its deep-sea operations on green ammonia or methanol by 2030

Norwegian RoRo shipping company Höegh Autoliners has committed to using either green ammonia or green methanol in at least 5 % of its deep sea operations by 2030, the company announced. The plan was revealed as the company joins the First Movers Coalition (FMC), which targets hard-to-abate sectors i

about 3 years ago
Illustration (Courtesy of BMT)
Business Developments & Projects

Sustainable Marine starts full-scale smart grid trials with various renewables onboard

Sustainable Marine’s tidal energy technology is set to play a central role in the Ocean Energy Smart Grid Integration Project, as final testing gets underway in Nova Scotia, Canada.

about 3 years ago
NewMed Energy - Capricorn
Business Developments & Projects

UK’s Capricorn to merge with Israel’s NewMed instead of Tullow

NewMed Energy has entered into a merger agreement with Capricorn Energy, which will see Capricorn abandon its plans to combine with Tullow.

about 3 years ago
MHI to study ammonia-fired power generation using gas turbines in Indonesia
Business Developments & Projects

MHI to study ammonia-fired power generation using gas turbines in Indonesia

Mitsubishi Heavy Industries (MHI) has signed an agreement with Indonesia’s Institut Teknologi Bandung (ITB) to conduct joint research and development of ammonia-fired power generation by gas turbine. The new research is a part of the partners’ ongoing initiative to look into a variety of clean energ

about 3 years ago
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