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Business Developments & Projects

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SEA-KIT expanding production facility to answer growing USV demand call
Business Developments & Projects

SEA-KIT expands production facility to answer growing USV demand

SEA-KIT is expanding its Tollesbury production facility on the UK’s East Coast to deliver on a growing uncrewed surface vessel (USV) order book, with new jobs set to be created. According to SEA-KIT CEO Ben Simpson, the current order book means that the company is moving from one to three production

about 4 years ago
World’s 1st large-scale e-methanol project to fuel Maersk’s boxships
Business Developments & Projects

World’s 1st large-scale e-methanol project to fuel Maersk’s boxships

Technology firm Siemens Energy has secured an order from European Energy to deliver an electrolyzer plant for what is deemed as the world’s first large-scale commercial e-methanol project.

about 4 years ago
Chart to provide for Venture Global’s Plaquemines LNG project
Business Developments & Projects

Chart to provide for Venture Global’s Plaquemines LNG

U.S. LNG engineer Chart Industries will provide equipment to project developer Venture Global for its Louisiana-based Plaquemines LNG export project.

about 4 years ago
Eureka
Business Developments & Projects

Eureka Shipping secures $32M loan for three ECO cement carriers

Germany’s bank KfW IPEX-Bank is providing a €29 million (about $32 million) loan for the financing of three 4,250 dwt ECO cement carrier newbuildings for Cyprus-based shipping company Eureka Shipping.

about 4 years ago
NFE and Eni team up for Fast LNG in Congo
Business Developments & Projects

NFE and Eni team up for Fast LNG in Congo

New York-based LNG infrastructure company New Fortress Energy (NFE) has signed a deal with Italian energy giant Eni to deploy its Fast LNG floating liquefaction technology off the coast of Congo.

about 4 years ago
Jadestone restarts full production at field offshore Australia
Business Developments & Projects

Following engine failure, Jadestone back to full output at Australian field

Following repairs, Jadestone Energy has restored full production at the Montara field, located in the Timor Sea off Australia.

about 4 years ago
Calluna Gas
Business Developments & Projects

Kawasaki delivers eco-friendly dual-fuel LPG carrier

Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered Calluna Gas, a liquefied petroleum gas (LPG) powered very large gas carrier (VLGC) to compatriot tanker owner and operator IINO Kaiun Kaisha.

about 4 years ago
Gastrade plans Sea of Thrace FSRU
Business Developments & Projects

Gastrade plans Sea of Thrace FSRU

Gastrade is planning the Thrace INGS project that will include its second floating storage and regasification unit (FSRU) at the Sea of Thrace, offshore Alexandroupolis.

about 4 years ago
Shearwater returns to Edvard Grieg, divests four seismic vessels
Business Developments & Projects

Shearwater returns to Edvard Grieg, divests four seismic vessels

Shearwater GeoServices has won a contract with Lundin Energy Norway to deliver a 4D ocean bottom seismic (OBS) survey at the Edvard Grieg field. The SW Cook and SW Tasman will conduct the one-and-a-half-month project (3 vessel months) in the North Sea during the 2022 summer season using its Qseabed

about 4 years ago
Cameron McNatt with Blue X wave energy prototype (Courtesy of Mocean Energy)
Business Developments & Projects

Mocean Energy lands funds to build wave energy device for oil and gas sector

Scottish company Mocean Energy has secured €875,000 to accelerate the commercial roll-out of its wave energy technology and drive its adoption in offshore oil and gas sector.

about 4 years ago
barrels of oil
Business Developments & Projects

U.S. and 30 IEA allies to release 60 million barrels of oil from reserves to stabilise energy markets

In response to Russia’s attack on Ukraine, the U.S. and 30 countries have committed to releasing 60 million barrels of oil from strategic reserves.

about 4 years ago
Työvene to build dredger for Polish maritime administration
Business Developments & Projects

Työvene to build dredger for Polish maritime administration

Finnish shipbuilder Työvene and Maritime office of Gdynia has signed a contract worth €20 million for the construction and delivery of a trailing suction hopper dredger (TSHD). According to shipbuilder, the order is a result of a tender where the design developed by Työvene and Dutch partners C-Job

about 4 years ago
Baltic Pipe to restart paused construction as it obtains new environmental permit
Business Developments & Projects

Baltic Pipe to restart paused construction as it obtains new environmental permit

The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a

about 4 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

ExxonMobil plans hydrogen and CCS facility in Texas

U.S. energy major ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage (CCS) projects at its site at Baytown, Texas.

about 4 years ago
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