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Business Developments & Projects

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South Korea to construct ‘first’ commercial biomethanol production site
Business Developments & Projects

South Korea to construct ‘first’ commercial biomethanol production site

South Korean clean fuel and renewable energy production company Biofriends and compatriot K-biogas manufacturer Cheongmyeong have penned a memorandum of understanding (MoU) to construct the nation’s ‘first’ commercial-scale biogas-based methanol production plant. The deal, which was signed on August

about 11 months ago
Courtesy of EnerMech
Business Developments & Projects

Middle East operator keeping EnerMech busy for two more years

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has landed a multi-year contract extension in the Middle East with Dubai Petroleum, a UAE-based oil and gas operator.

about 11 months ago
NKT BorWin5
Business Developments & Projects

NKT installs power cables at TenneT’s BorWin5 offshore grid connection

Denmark’s NKT has finalized the installation of a 320 kV high-voltage DC (HVDC) power cable system at the 900 MW BorWin5 offshore grid connection in Germany. The pull-in work to the offshore platform was carried out by the company’s NKT Victoria vessel. NKT was responsible for the delivery and insta

about 11 months ago
Wadi Al Sail LNG carrier
Business Developments & Projects

Two more LNG newbuilds making their way to QatarEnergy’s fleet

Two new liquefied natural gas (LNG) carriers are joining the fleet of QatarEnergy, as part of its massive LNG shipbuilding expansion quest.

about 11 months ago
Temis MSU DP3 flotel; Source: Nortrans Offshore
Business Developments & Projects

2015-built flotel going to work at Shell’s deepwater asset in Nigeria

Nortrans, a Singapore-based offshore and shipping player, in partnership with Temile Development Company, has secured a new assignment for a 2015-built maintenance and support unit, part of its managed fleet, which will head to Africa for its new job at a deepwater field off the coast of Nigeria.

about 11 months ago
New partnership to bring military-grade battery tech to commercial offshore energy sector
Business Developments & Projects

New partnership to bring military-grade battery tech to commercial offshore energy sector

Scottish subsea intelligent energy management and storage solutions developer Verlume and Canada-headquartered marine technology player Kraken Robotics have entered into a strategic collaboration to introduce military-grade battery technology into the commercial offshore energy sector for what they

about 11 months ago
Ahti
Business Developments & Projects

Ahti nets additional funding to boost FuelEU Maritime compliance pool

Ahti Climate, a provider of FuelEU Maritime pooling services, has secured additional funding from Business Finland to further strengthen its Ahti Pool platform and advance research and development (R&D).

about 11 months ago
Tsuneishi Shipbuilding
Business Developments & Projects

Tsuneishi Shipbuilding splashes new dual-fuel methanol boxship in China

Tsuneishi Group (Zhoushan) Shipbuilding (TZS), a Chinese manufacturing base of Japan’s major Tsuneishi Shipbuilding, has launched a methanol dual-fuel container vessel for an undisclosed owner. As disclosed, the 5,900 TEU boxship—said to be the biggest unit of its type to be built by the Group—saw t

about 11 months ago
Digital rendering of Port Arthur LNG Project phase 1 and 2; Credit: Sempra
Business Developments & Projects

Sempra inks another multi-decade LNG deal for Texas project

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has signed a definitive sales and purchase agreement (SPA) with Pittsburgh-based EQT Corporation for liquefied natural gas (LNG) offtake from a project under development in Jefferson County, Texas.

about 11 months ago
Courtesy of VTTI
Business Developments & Projects

Netherlands raises its energy security bar with permitting milestone for new LNG terminal

VTTI, a Dutch energy infrastructure company, and Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), have ticked off the first phase of the permit procedure from the list of requirements to bring their proposed new

about 11 months ago
Energy Conversion Unit and Floaters fully installed. Source: Eco Wave Power
Business Developments & Projects

Operational testing completed at Los Angeles wave energy pilot

Wave energy developer Eco Wave Power has completed operational testing and lowered its floaters into the water for the first time at its U.S. pilot station at the Port of Los Angeles. The milestone marks the company’s entry into the operational phase of its U.S. activities. According to Eco Wave Pow

about 11 months ago
Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract
Business Developments & Projects

Subsea7 prolongs stay at Türkiye’s largest natural gas field with ‘major’ contract

Following the contract for inspection, repair and maintenance (IRM) services announced at the end of 2024, Subsea7 has now been selected to deliver subsea umbilicals, risers and flowlines (SURF) for Türkiye’s largest natural gas field. The SURF engineering, procurement, construction and installation

about 11 months ago
Gjøa platform
Business Developments & Projects

OKEA getting stake in Aker BP-operated North Sea license

Norway’s oil and gas company OKEA has reached an agreement with the Norwegian subsidiary of London-listed Harbour Energy to farm into the interest the latter holds in a license offshore Norway.

about 11 months ago
Ammonia-ready Grande Shanghai joins Grimaldi’s PCTC fleet
Business Developments & Projects

Ammonia-ready Grande Shanghai joins Grimaldi’s PCTC fleet

Italy’s shipping player Grimaldi Group has taken delivery of the newbuild next-generation ammonia-ready pure car and truck carrier (PCTC) built by China Merchants Heavy Industries (CMHI) Jiangsu, Grande Shanghai.

about 11 months ago
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