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Business Developments & Projects

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123Carbon and ZERO44 ally to support voluntary and mandatory low-carbon shipping markets
Business Developments & Projects

123Carbon and ZERO44 ally to support voluntary and mandatory low-carbon shipping markets

123Carbon and ZERO44 have entered a strategic partnership aimed at providing shipowners, operators, and charterers with a new level of control in allocating the impact of their low-carbon strategies to either the voluntary or mandatory market.

about 10 months ago
A processing plant by the sea
Business Developments & Projects

Safety overhaul underway at Equinor’s Barents Sea LNG plant after incident probe

Following an internal investigation of an accident at its liquefied natural gas (LNG) facility, Norway’s state-owned energy giant Equinor has introduced measures to prevent similar incidents from happening in the future.

about 10 months ago
QatarEnergy expands exploration footprint offshore Egypt; Source: QatarEnergy
Business Developments & Projects

QatarEnergy widens its oil & gas exploration acreage by joining Shell’s block offshore Egypt

Qatar’s state-owned energy giant QatarEnergy has set the wheels in motion to get a stake in an exploration block off the coast of Egypt.

about 10 months ago
Two ship side by side
Business Developments & Projects

Hanwha conducts pioneering LNG transfer between ships under sea trials

Hanwha Ocean has completed what it says is the world’s first ship-to-ship(STS) transfer of liquefied natural gas (LNG) between vessels under sea trials.

about 10 months ago
DOF orders work-class ROV for its Brazilian operations
Business Developments & Projects

DOF orders work-class ROV for its Brazilian operations

Norwegian vessel owner DOF Group has placed an order with UK’s Forum Energy Technologies (FET) for a work-class remotely operated vehicle (ROV) with a supporting tether management system. The equipment, expected to be delivered late this year, will support DOF’s subsea operations in Brazil. Accordin

about 10 months ago
ITM Power to deliver FEED for UK hydrogen project using its 5 MW electrolyzer solution
Business Developments & Projects

ITM Power to deliver FEED for UK hydrogen project using its 5 MW electrolyzer solution

ITM Power has signed a front-end engineering design (FEED) contract for a project which has been shortlisted in the UK’s Hydrogen Allocation Round 2 (HAR2).

about 10 months ago
SolarinBlue’s offshore solar technology is said to be adapted to harsh conditions of open seas (Courtesy of SolarinBlue)
Business Developments & Projects

‘Caribbean’s first offshore solar installation’ planned near Fort-de-France

The Grand Port Maritime of Martinique (GPMLM) has partnered with French offshore solar developer SolarinBlue to develop Soley Blé, the first offshore floating photovoltaic (PV) project in the Caribbean Arc. According to SolarinBlue, the project will be located near the Pointe des Grives container te

about 10 months ago
Illustration; Source: Europa Oil & Gas
Business Developments & Projects

PSC extension in hand: Farm-out and drilling plans moving forward for African oil & gas block

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has confirmed that the final details are being ironed out for an extension of a production sharing contract (PSC) covering a block off the coast of Equatorial Guinea.

about 10 months ago
ABL gets marine warranty role for UK’s subsea green electricity superhighway
Business Developments & Projects

ABL gets marine warranty role for UK’s subsea green electricity superhighway

Energy and marine consultancy ABL has been selected to provide marine warranty survey services to support the installation of Eastern Green Link 2 (EGL2), said to be the UK’s largest electricity transmission project and the longest high voltage direct current (HVDC) cable. Developed by a joint ventu

about 10 months ago
Scarabeo 9 rig at sea
Business Developments & Projects

Eni restarts Libya drilling after five years using Saipem’s rig

Eni North Africa, the affiliate of Italy’s oil and gas giant Eni, has resumed its offshore exploration activities northwest of Libya.

about 10 months ago
Trafigura and CF Industries ship certified low-carbon ammonia from US to Europe
Business Developments & Projects

Trafigura and CF Industries ship certified low-carbon ammonia from US to Europe

Multinational commodity trading company Trafigura has shipped its first low-carbon ammonia cargo to Europe, purchased from CF Industries’ facility in Louisiana, U.S.

about 10 months ago
First steel strike ceremony for FPSO Gato do Mato at COSCO Qidong Shipyard; Source: MODEC
Business Developments & Projects

MODEC: Pieces of Shell’s Brazil-bound FPSO puzzle continue to slide into place

Japan’s MODEC is making headway in the construction of a floating production, storage, and offloading (FPSO) unit destined for a field offshore Brazil, operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell.

about 10 months ago
Illustration: Source: Wood Mackenzie
Business Developments & Projects

50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision cou

about 10 months ago
FPSO P-63; Source: Petrobras
Business Developments & Projects

Brazilian offshore oil asset pair turning off the taps next month for scheduled maintenance

The production mode at two oil-producing assets off the coast of Brazil is weeks away from being switched off, enabling operators to undertake planned maintenance activities in their chosen Campos Basin fields.

about 10 months ago
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