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EIB’s €200M loan to boost Nexans’ role in energy transition
Business Developments & Projects

EIB’s €200M loan to boost Nexans’ role in energy transition

The European Investment Bank (EIB) has granted a €200 million loan facility to Nexans to support its role in the world’s energy transition and commitment to contribute to carbon neutrality by 2030.

about 4 years ago
Equinor unveils plans for further development of Oseberg field in North Sea
Business Developments & Projects

Equinor files plan for further development of North Sea field, unveils investment of over $1.1bn

Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.

about 4 years ago
Cargotec
Business Developments & Projects

UK regulator says no to Konecranes, Cargotec merger

The UK CMA has provisionally found that the proposed merger of Cargotec and Konecranes raises competition concerns.

about 4 years ago
Mitsubishi Heavy wins order for Ust-Luga LNG
Business Developments & Projects

Mitsubishi Heavy wins order for Ust-Luga LNG

Linde Engineering has awarded Mitsubishi Heavy Industries (MHI) contract to supply the main refrigeration gas compression trains for the Ust-Luga LNG project in Russia.

about 4 years ago
Trinity reveals farm-down plans after getting green light for field development plan off Trinidad
Business Developments & Projects

Trinity reveals farm-down goals after getting green light for field development plan off Trinidad

Trinity has disclosed its farm-down plans, following the MEEI’s approval of its FDP for the Galeota project, off the East Coast of Trinidad.

about 4 years ago
Wood secures work on Turkey’s largest gas reserve
Business Developments & Projects

Wood secures work on Turkey’s largest gas reserve

Scottish consulting and engineering company Wood has secured a contract with Turkish Petroleum (TP) for the Sakarya gas field development project.

about 4 years ago
L to R: José Joaquín Hernández Brito; Chris McConville sign site contract (Courtesy of FPP)
Business Developments & Projects

World’s first multi-megawatt wind and wave energy hybrid secures test site

Danish company Floating Power Plant (FPP) has signed an agreement with the Oceanic Platform of the Canary Islands (PLOCAN) to test its 5MW hybrid floating wind and wave energy platform off the coast of Gran Canaria.

about 4 years ago
Keppel scores LNGC to FSRU conversion gig
Business Developments & Projects

Keppel scores LNGC to FSRU conversion gig

Singapore’s conglomerate Keppel Offshore & Marine (Keppel O&M) has won contract for the conversion of an LNG carrier into a floating storage and regasification unit (FSRU).

about 4 years ago
CGG’s new study targets CO2 storage sites in North Sea
Business Developments & Projects

CGG’s new study targets CO2 storage sites in North Sea

Geophysical services company CGG has delivered a new carbon storage screening study in the Northern North Sea.

about 4 years ago
Lekoil appoints three Nigerian nationals and industry veterans to its board
Business Developments & Projects

Lekoil appoints three Nigerian nationals and industry veterans to its board

Lekoil has added three Nigerian nationals with extensive experience in the energy industry to its board of directors.

about 4 years ago
Inovyn
Business Developments & Projects

VT Group, Inovyn to develop Europe’s 1st hydrogen-fuelled chemical barge

Inovyn, a subsidiary of UK-based oil and gas company Ineos, has joined forces with Dutch bunkering company VT Group to develop Europe’s first bulk liquid chemical barge powered by hydrogen.

about 4 years ago
Sustainable Marine's Tidal Pioneer and PLAT-I floating tidal energy platform (Courtesy of Sustainable Marine)
Business Developments & Projects

Canada’s first instream tidal energy project set for early 2022 delivery

Sustainable Marine has unveiled plans to start operating its floating tidal energy platform early in 2022 to demonstrate that Nova Scotia can produce vast amounts of clean and predictable energy from its world-famous tidal streams.

about 4 years ago
Korean shipyards order GTT tank design for 3 new LNG carriers
Business Developments & Projects

Korean shipyards order GTT tank design for 3 new LNG carriers

Korean shipyards Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) have ordered the tank design for three new LNG carriers from French containment specialist GTT.

about 4 years ago
Wärtsilä and RINA join in on a hydrogen fuel solution to meet climare goals
Business Developments & Projects

Wärtsilä and RINA join in on a hydrogen fuel solution to meet climate goals

The Finnish technology group Wärtsilä, together with class society RINA other stakeholders, is working on delivering a solution with hydrogen as fuel.

about 4 years ago
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