
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.

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

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

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.

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.

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

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.

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).

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

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

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.

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.

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.

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