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Business Developments & Projects

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MOL and ITOCHU to collaborate on ammonia bunkering demonstration in Singapore
Business Developments & Projects

MOL and ITOCHU to collaborate on ammonia bunkering demonstration in Singapore

Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot trading company ITOCHU Corporation have concluded a joint development agreement (JDA) for ammonia bunkering demonstrations.

about 11 months ago
SBM Offshore's FPSO One Guyana at ExxonMobil-operated Yellowtail; Source: Saipem
Business Developments & Projects

Saipem sheds light on its part in early start-up of ExxonMobil’s oil project offshore Guyana

Saipem has landed a helping hand to U.S.-headquartered ExxonMobil to bring online its fourth oil project on the Stabroek block off the coast of Guyana.

about 11 months ago
C40 Cities
Business Developments & Projects

Swire Shipping links up with Achilles Maritime Netowork

Singapore-based shipping company Swire Shipping has become an official member of the Achilles Maritime Network, a digital platform developed by the UK-based supply chain risk management solutions provider Achilles. As disclosed, Swire Shipping’s joining the collaborative industry initiative now brin

about 11 months ago
Illustration; Source: Australian Energy Producers (former APPEA)
Business Developments & Projects

Australia’s upstream industry stepping up gas game with reform proposals

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has come up with a set of proposals aimed at boosting Australia’s natural gas arsenal.

about 11 months ago
FPSO Peregrino; Credit: Felipe Torres/Equinor
Business Developments & Projects

Brazilian FPSO weeks away from restart following oil production shutdown

Norway’s state-owned energy giant Equinor has switched off oil production at its largest operated field outside the European country.

about 11 months ago
UK-based Inyanga Marine Energy Group has appointed Martin Murphy as Chair of the Board.
Business Developments & Projects

Inyanga Marine Energy Group appoints new chair of the board

UK-based Inyanga Marine Energy Group has appointed Martin Murphy as the new Chair of the Board. Murphy, a Chartered Engineer and experienced CEO, served 12 years in the Royal Navy before moving into senior corporate and entrepreneurial roles in the marine renewables sector, according to Inyanga Mari

about 11 months ago
STAX Engineering
Business Developments & Projects

STAX Engineering boards UK consortium’s zero-emission ports initiative

U.S.-based maritime emissions capture and control company STAX Engineering has joined a zero-emissions port-based project led by British carbon capture technology company Seabound. As disclosed, STAX Engineering has become a new member of a Seabound-led consortium that clinched £1.1 million (roughly

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

Shell shakes hands with Shape Digital, MODEC, and Unicamp to boost offshore unit safety

Shell Brasil, a subsidiary of the UK-headquartered energy giant Shell, has joined forces with MODEC Brasil, an affiliate of Japan’s MODEC, Shape Digital, which is MODEC’s digital services spin-off, and Unicamp, to employ artificial intelligence to improve the safety performance of offshore units.

about 11 months ago
India
Business Developments & Projects

‘Inaugural’ biomethanol production site in India planned at Kandla

India’s Deendayal Port Authority (DPA), Kandla, has published a tender for the establishment of the country’s inaugural port-based biomethanol production facility on an Engineering, Procurement and Construction (EPC) basis. According to DPA, once operational, the site is to manufacture around 10 ton

about 11 months ago
Klaipėda terminal; Source: KN Energies
Business Developments & Projects

Solar power coming to curb European terminal’s emissions

KN Energies (KN), formerly Klaipedos Nafta, has taken steps to secure a contractor to equip its liquid energy products terminal with a solar power plant to unlock greenhouse gas (GHG) emissions cuts.

about 11 months ago
Tekmar
Business Developments & Projects

Tekmar’s $1.6 million contracts in Middle East to keep it busy until end of October

UK-headquartered Tekmar Group has secured two offshore grouting contracts in Qatar with a total value of approximately $1.6 million, supporting subsea infrastructure inspection, maintenance and repair (IMR) campaigns. The contracts, awarded by two existing customers, cover the provision of pipeline

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

TotalEnergies and Shell’s offshore drilling plans at risk as court throws a spanner in the works

As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decisi

about 11 months ago
FPSO Marlin Natuna; Source: Medco Energi
Business Developments & Projects

New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels

PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.

about 11 months ago
BC Wind UXO survey
Business Developments & Projects

UXO survey underway at Ocean Winds’ 390 MW Polish offshore wind farm

An unexploded ordnance (UXO) survey campaign has commenced at Ocean Winds’ 390 MW BC-Wind offshore wind farm site in Poland. The aim of the work is to ensure safety during the future installation of transmission cables connecting the BC-Wind offshore wind farm with the mainland. Thanks to these test

about 11 months ago
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