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Business Developments & Projects

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Rendering of an LNG terminal at night
Business Developments & Projects

UAE player’s stake buy prompts rebrand of US LNG developer

UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has closed the acquisition of an interest in a subsidiary of energy-focused alternative asset manager Kimmeridge.

about 1 year ago
new report
Business Developments & Projects

Methanol Institute welcomes Angola’s NVS Energy Industria as newest member

Methanol Institute (MI) has introduced NVS Commodities Materials and Services, the technical division of Angola’s NVS Energy Industria, as its newest member.

about 1 year ago
Aerial view of Hibiki LNG terminal
Business Developments & Projects

Chiyoda building third tank for compatriot’s LNG terminal

Japanese engineering company Chiyoda Corporation has won an engineering, procurement, and construction (EPC) contract with compatriot Saibu Gas for an additional tank at the latter’s liquefied natural gas (LNG) facility near Kitakyushu, Japan.

about 1 year ago
Petronas forges partnership with Norwegian firm for sustainable underwater operations
Business Developments & Projects

Petronas targets sustainable underwater operations via partnership with Norwegians

Malaysian state-owned oil and gas company Petronas has partnered up with Norwegian high-tech underwater robotics company Eelume with the aim of advancing sustainable underwater operations. The collaboration is said to support the continued development, enhancement and deployment of an advanced subse

about 1 year ago
HD Hyundai
Business Developments & Projects

HD Hyundai arms clinch ‘world’s first’ technology validation for brand-new electric propulsion system

HD Hyundai affiliates, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI), have secured the ‘world’s first’ New Technology Qualification (NTQ) from classification society American Bureau of Shipping (ABS) for its ‘next-generation’ electric propulsion solutio

about 1 year ago
Workers on Valaris 107 rig
Business Developments & Projects

Valaris jackup starts drilling Australian well for Exxonmobil

Esso Australia, a subsidiary of U.S.-headquartered energy major ExxonMobil, has started drilling a well in the country’s Gippsland Basin.

about 1 year ago
Source: Eco Wave Power
Business Developments & Projects

US wave energy project moves into pre-operation stage

Wave energy developer Eco Wave Power has installed its energy conversion unit (ECU) at the Port of Los Angeles, moving its first U.S. wave energy pilot toward initial operational testing. According to Eco Wave Power, the ECU is the core element of the company’s patented onshore system, converting th

about 1 year ago
Grimaldi welcomes second ammonia-ready car carrier
Business Developments & Projects

Grimaldi welcomes second ammonia-ready car carrier

Italy’s shipping player Grimaldi Group has taken delivery of the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin.

about 1 year ago
Leviathan; Source: NewMed Energy
Business Developments & Projects

$35B Egypt gas export deal ‘largest’ in Israel’s history

Israel’s NewMed Energy and its partners in a gas project in the Mediterranean Sea have signed an amended agreement with Egypt’s Blue Ocean Energy (BOE) to significantly expand the export of natural gas from Israel to Egypt.

about 1 year ago
Study: Incentive gaps hindering decarbonization of Swedish short sea dry bulk fleet
Business Developments & Projects

Study: Incentive gaps hindering decarbonization of Swedish short sea dry bulk fleet

Swedish cargo owners and charterers are committed to greener practices, but a lack of regulatory and economic incentives for smaller tonnage is hindering progress, according to a new study by DNV and RSI.

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Business Developments & Projects

UAE drilling player scores first Dutch North Sea gig with Tenaz

A subsidiary of Shelf Drilling (North Sea) (SDNS) has secured a contract for a jack-up rig with Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, for operations in the Netherlands.

about 1 year ago
Axpo
Business Developments & Projects

Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done

Switzerland-headquartered renewable energy producer Axpo has wrapped up what it described as Spain’s first bio-LNG ship-to-ship (STS) bunkering operation within the large container shipping segment. As disclosed, the supply of biological liquefied natural gas was conducted on August 7 at the Port of

about 1 year ago
Norden, Oldendorff, CBH collaborate on Australia’s first biofuels insetting pilot
Business Developments & Projects

Norden, Oldendorff, CBH collaborate on Australia’s first biofuels insetting pilot

Australia’s agricultural co-operative CBH Group has joined forces with shipping companies Norden and Oldendorff for the country’s first biofuels insetting pilot project.

about 1 year ago
An LNG carrier at dock
Business Developments & Projects

Cheniere signs 20-year LNG supply deal with JERA

Cheniere Marketing, a subsidiary of U.S. player Cheniere Energy, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Japan’s JERA.

about 1 year ago
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