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Business Developments & Projects

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ExxonMobil CEO Darren Woods
Business Developments & Projects

ExxonMobil earmarks $15 billion for lower-emission spending over next six years

ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.

about 4 years ago
Fugro Pioneer in methanol switch
Business Developments & Projects

Fugro Pioneer in methanol switch

Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.

about 4 years ago
Jurong Port
Business Developments & Projects

Jurong Port joins ammonia-fuelled tanker initiative

Jurong Port has joined the Castor Initiative, a global partnership that is committed to make zero-emission shipping a reality.

about 4 years ago
Petrofac, Cranfield University jointly investigating new zero-emission tech
Business Developments & Projects

Petrofac, Cranfield University jointly investigating new zero-emission tech

Oilfield services provider Petrofac has teamed up with Cranfield University to investigate new technology that could minimise the impact of amine scrubbing technology.

about 4 years ago
PSA International to acquire US logistics firm
Business Developments & Projects

PSA International to acquire US logistics firm

Global port group PSA International has signed an agreement to acquire privately-held logistics firm BDP International from New York-based Greenbriar Equity Group.

about 4 years ago
Oceanbird
Business Developments & Projects

JV formed to speed up deployment of Oceanbird wind propulsion tech

Sweden-based companies Alfa Laval and Wallenius have finalized the creation of a JV to speed up Oceanbird wind propulsion tech deployment.

about 4 years ago
Mobility R&D fund investing in Dutch hydrogen-powered shipping
Business Developments & Projects

Mobility R&D fund investing in Dutch hydrogen-powered shipping

Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.

about 4 years ago
Lundin adds additional well to Odfjell rig contract
Business Developments & Projects

Lundin adds extra well to Odfjell rig’s backlog

Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.

about 4 years ago
Pacific Basin
Business Developments & Projects

Pacific Basin rolls out carbon-neutral voyage program

Hong Kong-based dry bulk shipping company Pacific Basin has launched its PB Carbon Neutral Voyage Programme as part of its broader decarbonization strategy.

about 4 years ago
Illustration/SIMEC Atlantis’ AR-1500 tidal turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

SIMEC Atlantis shuffles executive board

UK-based marine energy company SIMEC Atlantis Energy has made new executive and non-executive directorate appointments.

about 4 years ago
Proserv and Trendsetter join hands for subsea services and equipment
Business Developments & Projects

Proserv and Trendsetter join hands for subsea services and equipment

Proserv Controls and Trendsetter Engineering have signed a Memorandum of Understanding (MoU) for the joint supply of integrated subsea hardware and controls.

about 4 years ago
Illustration; Source: Petronas
Business Developments & Projects

Petronas inks FEED contracts for LNG project in Sabah

Malaysian energy giant Petronas has awarded two front end engineering design (FEED) contracts to a JGC-Samsung Heavy Industries consortium and to SAIPEM for a nearshore LNG project in Sabah.

about 4 years ago
Stena Don
Business Developments & Projects

Stena rig moving out of North Sea to Morocco for Chariot well

Africa-focused Chariot has revealed that the Stena Drilling-owned Stena Don rig has started its mobilisation to Morocco.

about 4 years ago
Illustration/Minesto's Dragon Class tidal energy kite (Courtesy of Minesto)
Business Developments & Projects

Minesto and Schneider Electric display joint renewable baseload offer

Swedish marine energy developer Minesto and Schneider Electric have showcased their joint clean power offer as part of their strategic partnership to bring ocean energy into the global renewable energy mix.

about 4 years ago
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