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Business Developments & Projects

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Morlais Demonstration Zone (Courtesy of Welsh Government)
Business Developments & Projects

Welsh business finds work at Morlais tidal power scheme

OBR Construction has been awarded a €2.24 million contract by Morlais main contractor to build the structures associated with the landfall substation for the Holy Island tidal energy scheme.

about 3 years ago
Kinder Morgan sells stake in Elba Island LNG facility for $565 million
Business Developments & Projects

Kinder Morgan sells stake in Elba Island LNG facility for $565 million

North American energy infrastructure company Kinder Morgan, Inc. (KMI) has closed on the sale of 25.5% equity interest out of its membership interest in Elba Liquefication Company (ELC), a joint venture owning ten modular liquefaction units in operation at Elba Island. Kinder Morgan sold its equity

about 3 years ago
Illustration/Birds-side view of Ocean Energy’s wave energy device OE35 (Courtesy of US DOE/Photo by Josh Bauer)
Business Developments & Projects

TEAMER awards over $750K to 7 marine energy projects

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected seven projects to receive technical support for testing marine energy technologies as part of its seventh call for applications.

about 3 years ago
New deal to take Siem OSCV to oil and gas sector
Business Developments & Projects

New deal to take Siem OSCV to oil and gas sector

Siem Offshore has secured a new three-year contract for the offshore subsea construction vessel (OSCV) Siem Stingray with Subsea 7 as charterer. Subsea 7 will employ the vessel supporting its clients predominantly within the oil and gas sector, undertaking projects within offshore construction and i

about 3 years ago
BP hands out multi-region deal for its offshore assets to UK oilfield services provider
Business Developments & Projects

BP hands out multi-region deal for offshore assets to UK oilfield services provider

BP has awarded a long-term deal for its offshore portfolio, to Wood, enabling the UK player to support its energy production.

about 3 years ago
Shift Clean Energy
Business Developments & Projects

First all-electric vessel in Singapore port to use Shift Clean Energy tech

Canadian energy storage solutions provider Shift Clean Energy has announced its involvement in the first all-electric battery swapping vessel in the Port of Singapore.

about 3 years ago
Windcat Workboats
Business Developments & Projects

Windcat Workboats orders additional hydrogen-powered CTVs

Windcat Workboats, part of Compagnie Maritime Belge (CMB), together with its joint venture partners Thomas Services Maritimes (TSM) and FSR, has ordered six hydrogen-powered crew transfer vessels (CTVs) to be built by 2024. The new order follows the launch of the world’s first hydrogen-powered CTV,

about 3 years ago
FDS2 vessel - Saipem
Business Developments & Projects

Saipem to bag nearly $1 bln from two new deals in Ivory Coast

Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euros (around $956 million) overall.

about 3 years ago
Petronas bolsters ties with Japan to work toward carbon neutrality
Business Developments & Projects

Petronas bolsters ties with Japan to work toward carbon neutrality

Malaysia’s national energy company Petronas has signed a memorandum of cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI) as well as a memorandum of understanding (MoU) with Japan Bank for International Cooperation (JBIC). The parties signed the documents on 26 Septem

about 3 years ago
BV AIP CMES DSIC
Business Developments & Projects

LNG dual-fueled and ammonia-ready VLCC gets nod from BV

An LNG dual-fueled and ammonia fuel prepared very large crude carrier (VLCC), developed jointly by China Merchants Energy Shipping (CMES), TotalEnergies, Dalian Shipbuilding Industry (DSIC), and GTT has received approval from the Bureau Veritas classification society. The approval in principle (AiP)

about 3 years ago
Piomboni Yard - Rosetti Marino
Business Developments & Projects

Italian firm to build platform for gas project in Argentina

Rosetti Marino has been awarded a contract by TotalEnergies for the construction of the Fenix project platform, which will be installed off Argentina.

about 3 years ago
Authorities to investigate Nord Stream gas leaks amid suspicion of sabotage
Business Developments & Projects

Authorities to investigate Nord Stream gas leaks amid suspicion of sabotage

Norwegian and Swedish seismic institutes have recorded two underwater blasts before the discovery of the gas leaks on the Nord Stream pipelines in the Baltic Sea linking Russia and Europe, prompting an investigation by authorities amid suspicions of sabotage. The leaks were detected on the Nord Stre

about 3 years ago
Norwegian player to furnish Tidewater vessel with battery retrofit
Business Developments & Projects

Norwegian firm to furnish Tidewater vessel with battery retrofit

Tidewater has ordered a battery package for one of its platform supply vessels (PSVs) from Norway’s Norwegian Electric Systems (NES).

about 3 years ago
Equinor and Tallgrass jointly pursue hydrogen and ammonia projects in North America
Business Developments & Projects

Equinor and Tallgrass jointly pursue hydrogen and ammonia projects in North America

Norwegian energy giant Equinor and the US energy infrastructure company Tallgrass are exploring opportunities for the development of large-scale low-carbon hydrogen and ammonia projects in North America. The companies have signed a memorandum of understanding (MoU) to assess the production and marke

about 3 years ago
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