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Business Developments & Projects

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Rendering of the Ruwais LNG concept design; Source: ADNOC
Business Developments & Projects

Fresh supply deal set to make Indian firm ADNOC’s biggest LNG customer

Abu Dhabi National Oil Company (ADNOC) has signed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with the state-owned Indian Oil Corporation.

about 11 months ago
Burando Energies teams up with NCLH and World Fuel Service for biofuel supply
Business Developments & Projects

Burando Energies teams up with NCLH and World Fuel Service for biofuel supply

Marine fuels supplier Burando Energies, cruise company Norwegian Cruise Line Holdings (NCLH), and energy company World Fuel Services have entered into a strategic collaboration to supply sustainable marine fuels in the Netherlands.

about 11 months ago
Hanwha
Business Developments & Projects

South Korea’s Hanwha to pour $5B into US Philly Shipyard, orders new batch of ships

South Korean shipbuilder Hanwha Group has unveiled a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting the growth of the U.S. shipbuilding industry through a $150 billion investment fund.

about 11 months ago
Brunvoll
Business Developments & Projects

Brunvoll wins order to supply electric propulsion systems for zero-emission catamaran

Norwegian equipment provider Brunvoll Mar-El has inked a deal with the Oma Baatbyggeri shipyard to supply its electric propulsion systems for a zero-emission catamaran ferry ordered by compatriot boat tour agency Rødne Fjord Cruise. Per Brunvoll, the passenger and vehicle vessel is to service a rout

about 11 months ago
Prysmian’s cable layers start installing two subsea interconnections in Spain
Business Developments & Projects

Prysmian’s cable layers start installing two subsea interconnections in Spain

Two cable-laying vessels (CLVs) owned by Italian cabling giant Prysmian Group have begun work on two submarine power interconnections in Spain, as part of contracts together worth approximately €250 million, announced in 2022. Prysmian is in charge of the design, supply, installation and commissioni

about 11 months ago
Darwin LNG; Source: Santos
Business Developments & Projects

With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Ho

about 11 months ago
Construction gets underway to provide shore power at Zeebrugge cruise terminal
Business Developments & Projects

Construction gets underway to provide shore power at Zeebrugge cruise terminal

Belgium’s Port of Antwerp-Bruges has kicked off works to construct a shore power installation at the cruise terminal at Zweedse Kaai in Zeebrugge.

about 11 months ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

TEAMER selects 18 new marine energy projects for technical support

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 18 projects through its 16th request for technical support (RFTS), representing over $2.7 million in funding. The Technical Support Recipients (TSRs) will receive assistance across numerical modeling, labo

about 11 months ago
Scarabeo 5
Business Developments & Projects

Saipem wraps up rig-to-FPU conversion for Eni offshore Congo

Italy’s engineering, drilling, and construction services giant Saipem has completed the conversion of a semi-submersible drilling unit into a floating production unit (FPU) to be deployed at compatriot Eni’s project offshore Congo.

about 11 months ago
An aerial view of an LNG complex
Business Developments & Projects

BP tasks Baker Hughes with 90-month job on Asian LNG project

U.S.-headquartered energy technology giant Baker Hughes has landed a long-term deal with BP, a UK-headquartered energy player, for work on a liquefied natural gas (LNG) plant in Papua Barat, Indonesia.

about 11 months ago
Ghana's first deepwater OBN seismic survey entrusted to Norwegian firm
Business Developments & Projects

Ghana’s first deepwater OBN seismic survey entrusted to Norwegian firm

Following the announcement about a deepwater ocean bottom node (OBN) contract in Angola from earlier today, Norway’s Shearwater GeoServices has now reported the award of Ghana’s first deepwater OBN seismic survey. The OBN seismic survey will cover the Jubilee and TEN fields operated by Tullow Oil, a

about 11 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business Developments & Projects

Transocean rig set to kick off gas drilling ops mid-October offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia.

about 11 months ago
Viking Line and Gasum take FuelEU Maritime pooling collab to the next stage
Business Developments & Projects

Viking Line and Gasum take FuelEU Maritime pooling collab to the next stage

Finnish shipping company Viking Line has started operating its two RoRo ships on bio-LNG to generate compliance for the FuelEU Maritime pooling service launched by Nordic energy player Gasum.

about 11 months ago
Baleària
Business Developments & Projects

Baleària broadens network following strategic route acquisition in Spanish waters

Spain-based ferry operator Baleària has finalized an agreement with compatriot shipping company Armas Trasmediterránea to acquire its business in the Canary Islands and the Alboran Sea, as well as part of the business in the Strait of Gibraltar, which has been purchased by Denmark’s DFDS. As part of

about 11 months ago
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