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Business Developments & Projects

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DOF’s CSV to begin operating in Asia Pacific in January 2026
Business Developments & Projects

DOF’s CSV to begin operating in Asia Pacific in January 2026

Norwegian vessel owner DOF Group has secured a long-term commitment in the Asia Pacific region (APAC) for a construction support vessel (CSV) designed for subsea construction, inspection, repair and maintenance (IRM) and remotely operated vehicle (ROV) services up to 3,000 meters of depth. The contr

about 11 months ago
An illustration of two plants on the coast
Business Developments & Projects

South Texas LNG project cleared for completion in late 2029

The U.S. Federal Energy Regulatory Commission has reissued the final order authorizing the construction and operation of the liquefied natural gas (LNG) project Texas LNG, a subsidiary of Glenfarne Energy Transition, proposes to build in the Port of Brownsville, Texas.

about 11 months ago
Green Volt Rovco
Business Developments & Projects

OWC wins cable engineering contract for Scottish floating wind farm

The renewable energy consultancy OWC has been awarded a contract to provide cable engineering support to the Green Volt floating offshore wind farm in Scotland, developed by Flotation Energy and Vårgrønn. OWC’s scope of work includes cable engineering for both offshore and onshore cables. The subsea

about 11 months ago
Illustration; Source: Rystad Energy
Business Developments & Projects

Potential imbalance in oil demand and supply on the cards

With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,

about 11 months ago
Noria Energy deploys its AquaPhi(R) solar tracker on a floating solar PV installation in Colorado
Business Developments & Projects

First US floating solar tracker under construction in Colorado

U.S.-based solar developer Noria Energy has begun construction of a tracker for a 50 kW floating solar pilot project at Fairmount Reservoir in Golden, Colorado. The Aurea Solar project, developed for the Consolidated Mutual Water Company (CMWC), will power onsite pumps that regulate the water supply

about 11 months ago
Port of Hamburg
Business Developments & Projects

Methanol and LNG bunkering approved at Hamburg’s Waltershofer Hafen

The Port of Hamburg’s Waltershofer Hafen has been given the rubber stamp of approval for ship-to-ship (STS) bunkering of methanol and liquefied natural gas (LNG), marking another ‘milestone’ for the port’s efforts oriented toward the broader utilization of eco-friendly fuels. As disclosed, vessels a

about 11 months ago
Furetank making strides in transition to fossil fuel-free shipping
Business Developments & Projects

Furetank making strides in transition to fossil fuel-free shipping

Furetank has launched a new company for trading emission reductions under the FuelEU Maritime regulation and signed an agreement securing all the biogas required to operate its wholly and partly owned gas-propelled vessels trading in the EU during 2025.

about 11 months ago
The Switch
Business Developments & Projects

Four EU countries and Egypt make up top five US LNG importers

Within the global gas story, many chapters are being written, including a U.S. wave of upcoming liquefied natural gas (LNG) developments, where the export boom continues to fuel new projects, as the European regasification build-out continues.

about 11 months ago
Illustration; Source: TGS
Business Developments & Projects

TGS to survey 10,000 km2 offshore Indonesia

Norwegian energy data and intelligence company TGS has secured an award of what it says is a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers. The survey is scheduled to commence in the fourth quarter of the year and will have an estimated total duration of

about 11 months ago
Illustration; Source: Australian Energy Producers
Business Developments & Projects

Australian state’s decade of LNG exports pours $127 billion into economy

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has revealed a $127 billion boost to Queensland’s economy, thanks to the Australian state’s decade of liquefied natural gas (LNG) deliveries.

about 11 months ago
FPSO Cidade de Itajai is operating on the Baúna field - Karoon
Business Developments & Projects

Karoon unveils multimillion-dollar investment into FPSO revitalization campaign

Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.

about 11 months ago
Van Oord has completed high-precision ballasting operations and the installation of scour protection for the West White Rose project in Canada; Source: Van Oord
Business Developments & Projects

Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland, Canada.

about 11 months ago
NatPower to build UK’s first battery storage with maritime electrification infrastructure
Business Developments & Projects

NatPower to build UK’s first battery storage with maritime electrification infrastructure

Renewable energy project developer NatPower has set out to build the UK’s first battery storage facility combined with maritime electrification infrastructure, Teesside GigaPark.

about 11 months ago
HD Hyundai
Business Developments & Projects

Shipbuilding market shakeup: South Korea’s HD Hyundai Heavy Industries and HD Hyundai Mipo to merge

South Korean shipbuilding companies HD Hyundai Heavy Industries (HHI) and HD Hyundai Mipo (HMD) have revealed plans to merge into a single entity.

about 11 months ago
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