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Business Developments & Projects

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CMA CGM
Business Developments & Projects

CMA CGM strengthens LNG-powered fleet with latest newbuild

French shipping colossal CMA CGM has marked the delivery of its newest container vessel powered by liquefied natural gas (LNG) as complete. As disclosed in a social media post, the CMA CGM Syracuse’s formal entrance to the Marseille-based maritime transport company’s fleet was officiated in South Ko

about 9 months ago
Ramform Tethys
Business Developments & Projects

TGS wins new contracts in Gulf of America and Africa

Norwegian energy data and intelligence company TGS has secured two new acquisition contracts, one in the Gulf of America (Gulf of Mexico) and another in Africa, both expected to start by the end of the year. TGS has been awarded an ocean bottom node (OBN) acquisition contract in the Gulf of America

about 9 months ago
Platinum Explorer; Source: Vantage Drilling
Business Developments & Projects

Sanctions send ripples through offshore drilling realm as Vantage’s rig deal dissolves

A drilling assignment for a 15-year-old drillship from a rig fleet operated by Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has been axed amid imposed sanctions.

about 9 months ago
Liquid Wind set to commercialize FlagshipTHREE e-fuel facility
Business Developments & Projects

Liquid Wind set to commercialize FlagshipTHREE e-fuel facility

Swedish e-fuel plant developer Liquid Wind has reached a new milestone in the development of its large-scale facility in Umeå, FlagshipTHREE, having finalized agreements for its commercialization.

about 9 months ago
Hewett Complex
Business Developments & Projects

North Sea field closing 56-year gas chapter as Eni explores its CCS future

Italy’s oil and gas giant Eni has drilled an appraisal well for a veteran field in the UK sector of the North Sea to assess its potential for carbon capture and storage (CCS).

about 9 months ago
Symphony Wave Power's dry testing
Business Developments & Projects

Dry testing milestone brings Symphony’s wave tech closer to sea

The Netherlands-based tidal and wave energy developer Symphony Wave Power has completed dry tests of its wave energy unit, marking a milestone in the company’s path toward offshore deployment in 2026. “What started as engineering on paper is now in motion, literally! These dry-tests mark a major mil

about 9 months ago
McDermott finishes debut subsea project in Angola for TotalEnergies
Business Developments & Projects

McDermott finishes debut subsea project in Angola for TotalEnergies

U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI),

about 9 months ago
Yang Ming
Business Developments & Projects

Yang Ming’s Kuang Ming to enrich fleet with 4 eco-friendly Handymaxes

Taiwanese shipping company Yang Ming Marine Transport Corporation has revealed plans to order four new fuel-efficient Handymax bulk carriers.

about 9 months ago
Singapore gives conditional approval for renewable energy import from Sarawak
Business Developments & Projects

Singapore gives conditional approval for renewable energy import from Sarawak

The Energy Market Authority of Singapore (EMA) has given its conditional approval for the import of renewable energy from Sarawak in Malaysia to Singapore through subsea cables spanning over 700 kilometers. Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries, and Sarawak Energy Berh

about 9 months ago
Beihai Shipbuilding pushes ahead with CMB.TECH’s ammonia bulker fleet
Business Developments & Projects

Beihai Shipbuilding pushes ahead with CMB.TECH’s ammonia bulker fleet

Qingdao Beihai Shipbuilding Heavy Industry (BSIC), an arm of China State Shipbuilding Corporation (CSSC), has marked new construction milestones for four future-proof vessels being built for Belgium-based shipowner CMB.TECH. As announced by CSSC in a statement on October 16, Beihai Shipbuilding has

about 9 months ago
Stena Line’s newest methanol-ready hybrid ferry gears up for maiden voyage
Business Developments & Projects

Stena Line’s newest methanol-ready hybrid ferry gears up for maiden voyage

Swedish ferry company Stena Line has held a naming ceremony for its newest methanol-ready NewMax hybrid vessel, Stena Connecta, ahead of its maiden voyage.

about 9 months ago
Rendering of an LNG terminal
Business Developments & Projects

Rio Grande growing: NextDecade okays fifth train at Texas LNG plant

Houston-headquartered NextDecade Corporation has made a positive final investment decision (FID) on the fifth train at its liquefied natural gas (LNG) export project in Texas.

about 9 months ago
DriX H-8 USV
Business Developments & Projects

Exail’s USV making Baltic Sea debut with Orlen

U.K.-based Exail and its partner Thesta have delivered an uncrewed surface vessel (USV) to Orlen Petrobaltic, part of Poland’s Orlen Group, for use in the Baltic Sea.

about 9 months ago
SBTi verifies ESL Shipping’s science-based net-zero targets
Business Developments & Projects

SBTi verifies ESL Shipping’s science-based net-zero targets

Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.

about 9 months ago
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