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Business Developments & Projects

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FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Business Developments & Projects

Coast is clear for Golar’s 20-year FLNG assignment in Argentina

Golar Hilli Corporation, a subsidiary of the Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG, has received the all-systems-go signal for a two-decade-long charter of its floating LNG (FLNG) unit at Argentina’s LNG project on the South Americ

about 9 months ago
Steel cut for Fratelli Cosulich’s third methanol-ready bunker tanker
Business Developments & Projects

Steel cut for Fratelli Cosulich’s third methanol-ready bunker tanker

Italian maritime transportation group Fratelli Cosulich has hit a new milestone in the construction of its methanol-ready IMO II bunker tankers with the steel cutting ceremony for the third vessel.

about 9 months ago
Pioneering Spirit removes Eider Alpha platform; Source: Allseas
Business Developments & Projects

WATCH: Allseas, TAQA pull off North Sea decom milestone with 11,600-tonne platform removal

Allseas has added a new decommissioning feat to its book of achievements with the removal of a platform in the Northern North Sea (NNS).

about 9 months ago
LNG carrier; Courtesy of Wärtsilä
Business Developments & Projects

Wärtsilä and TMS Cardiff Gas renew LNG heptad deal for vessel ops support

Finnish technology group Wärtsilä is staying longer on the liquefied natural gas (LNG) carrier lifecycle duty with Greece’s TMS Cardiff Gas, part of TMS, thanks to a multi-year deal for seven LNG vessels.

about 9 months ago
Stargate Hydrogen and OX2 partner to boost Nordic renewable hydrogen rollout
Business Developments & Projects

Stargate Hydrogen and OX2 partner to boost Nordic renewable hydrogen rollout

Stargate Hydrogen and OX2 have signed an agreement to jointly accelerate the commercial deployment of large-scale renewable hydrogen production in the Nordic region.

about 9 months ago
NKT invests in cable lay barge from Boskalis
Business Developments & Projects

NKT invests in cable lay barge from Boskalis

Danish power cable manufacturer and installation firm NKT has made an investment in a cable lay barge from Dutch Boskalis, further strengthening its offshore cable installation tools and capabilities. NKT is planning to upgrade the Boka Constructor and modernize it for near-shore cable laying and bu

about 9 months ago
Equinor and partners looking into Nordics’ first large-scale waste-to-methanol plant
Business Developments & Projects

Equinor and partners looking into Nordics’ first large-scale waste-to-methanol plant

Norwegian energy giant Equinor and NG Nordic-owned Mana have formed an early-stage strategic partnership to explore the potential development of the Nordics’ first large-scale waste-to-methanol project at Mongstad complex, with the support of sustainable technology solutions provider NEXTCHEM.

about 9 months ago
PEL 87 location map; Source: Pancontinental
Business Developments & Projects

New oil & gas prospects pop up in Orange Basin permit offshore Namibia

Pancontinental Energy has shed light on the analysis of quantitative interpretation volumes related to the hydrocarbon potential of a petroleum exploration license (PEL) it operates in the Orange Basin, off the coast of Namibia.

about 9 months ago
Gen2 Energy and MB Energy eye liquid hydrogen supply chain from Norway to Germany
Business Developments & Projects

Gen2 Energy and MB Energy eye liquid hydrogen supply chain from Norway to Germany

Gen2 Energy and MB Energy have signed a memorandum of understanding (MoU) to develop a collaboration focusing primarily on production, offtake, and distribution of RFNBO-compliant liquid hydrogen from Gen2 Energy’s project portfolio in Norway to MB Energy’s end customers in Germany.

about 9 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

$28 billion US LNG project in the Pelican State clears key regulatory export checkpoint

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has received the final seal of approval to export up to 3.96 billion cubic feet (bcf) per day of U.S. natural gas as liquefied natural gas (LNG) to non-free trade agreement (FTA) countries from it

about 9 months ago
Haesong Kepco
Business Developments & Projects

Haesong Offshore Wind, KEPCO partner on smart fault detection tech for subsea cables

South Korea’s Haesong Offshore Wind has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) to introduce Smart Fault Locator (SFL) technology for submarine cable fault detection. The Haseong Offshore Wind 1-3 projects are managed and funded by Copenhagen Infrastr

about 9 months ago
Funding to accelerate 'sea snake' wave energy converter toward sea trials
Business Developments & Projects

Funding to accelerate ‘sea snake’ wave energy converter toward sea trials

UK’s national innovation agency Innovate UK has awarded a £750,000 (approximately €861,630) grant to a Wiltshire-based company to help advance the technology readiness and performance of its ‘sea snake’ wave energy converter (WEC) and pave the way for future sea trials at the Welsh Marine Energy Tes

about 9 months ago
Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships
Business Developments & Projects

Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships

Taiwanese container shipping company Evergreen Marine Corporation has commissioned Chinese and South Korean shipyards to build a total of 14 LNG dual-fuel containerships in its latest fleet expansion move.

about 9 months ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Business Developments & Projects

Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

about 9 months ago
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