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Business Developments & Projects

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Goldboro LNG
Business Developments & Projects

Pieridae to be listed on Toronto Stock Exchange

Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, said Monday that its shares have been approved for listing on the Toronto Stock Exchange. The company’s shares are expected to start trading on the TSX at the opening of the market on June 3. Concurrent with the TSX listing,

about 6 years ago
Weeks Marine opts for Royal IHC
Business Developments & Projects

Weeks Marine opts for Royal IHC

Royal IHC has been awarded the contract for the engineering and equipment delivery for a new 6,540m³ trailing suction hopper dredger (TSHD) for Weeks Marine Inc. This is an identical vessel to the MAGDALEN that was delivered in 2017. Part of the contract is the supply of key components as well as th

about 6 years ago
Qatar Petroleum inks giant LNG shipbuilding deal
Business Developments & Projects

Qatar Petroleum inks $19.2 bln LNG shipbuilding deal

Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea to be utilized for its future LNG carrier fleet re

about 6 years ago
Mermaid Searcher vessel
Business Developments & Projects

MMA vessel to support stranded Australian FPSO

MMA Offshore has been awarded a support contract with Upstream Production Solutions for the MPSV Mermaid Searcher.

about 6 years ago
MingYang illustration photo of offshore wind turbine
Business Developments & Projects

MingYang offshore-tested energy storage system hits the market

Shenzhen Quant-Cloud Energy Network Technology, a subsidiary of MingYang Smart Energy Group, has installed its energy storage system at a wind farm for the first time, following demonstration on MingYang’s turbine at the Xinghua Bay offshore wind farm. The system has been commissioned and put into o

about 6 years ago
China State Shipbuilding Corporation
Business Developments & Projects

China’s Guangdong plans big inland LNG conversion project

China’s Guangdong province is boosting the use of LNG as fuel and plans to convert a large number of inland vessels to run on chilled fuel as part of a new project signed on Friday. To implement the plan which aims to reduce emissions, the Guangdong government has teamed up with the China State Ship

about 6 years ago
Glander International Bunkering
Business Developments & Projects

Canden Marine Fuel Services joins Glander International Bunkering Group

Glander International Bunkering Group has acquired Canden Marine Fuel Services, a Canada-based marketer of marine fuels.

about 6 years ago
HKZ Alpha jacket readies for sail-out
Business Developments & Projects

HKZ Alpha jacket readies for sail-out

The project team working on the jacket foundation for the Hollandse Kust Zuid Alpha offshore substation has completed all the major lifts for the jacket, Petrofac said. The jacket is now getting ready to depart the United Arab Emirates and head to the Dutch North Sea. In September 2019, Eversendai O

about 6 years ago
Van Oord LNG-powered dredgers
Business Developments & Projects

Van Oord inks green loan for LNG-powered dredgers

Dutch marine contractor Van Oord has signed its first green loan that will be used to fund its new liquefied natural gas-powered dredgers. The company said in a statement it signed the loan with Dutch Rabobank and France’s BNP Paribas last month. Van Oord structured the loan according to green loan

about 6 years ago
Ian Grant; Source: Santos
Business Developments & Projects

Former Santos man to take COO role at Beach Energy

Oil and gas company Beach Energy has appointed a new chief operating officer (COO) of the company.

about 6 years ago
CLEANBU
Business Developments & Projects

Klaveness: CLEANBU vessel Barracuda makes 1st switch from dry cargo to jet fuel

Klaveness Combination Carriers’ (KCC) CLEANBU vessel MV Barracuda completed last week the first voyage carrying a part cargo of jet fuel to Korea after discharging its previous cargo of soya beans in China in early May.

about 6 years ago
Ineos logo on Mercedes F1 car livery; Source: Ineos
Business Developments & Projects

Ineos farms out two Norwegian licenses to Lime Petroleum

Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 per cent stake in two Ineos’ Norwegian Sea licenses.

about 6 years ago
Eversendai bags two offshore wind contracts
Business Developments & Projects

Eversendai bags two offshore wind contracts

Petrofac has awarded the Dubai-based Eversendai Offshore with two substantial contracts for the offshore wind-related projects in the Netherlands and in Scotland, UK. Eversendai Offshore, a wholly-owned subsidiary of Malaysia’s Eversendai Corporation Berhad, will fabricate and construct a jacket fou

about 6 years ago
The Switch
Business Developments & Projects

Cat chooses The Switch drive train technology for Twin Fin bulkers

Finland-based Yaskawa Environmental Energy / The Switch has signed a contract with US company Caterpillar (Cat) to deliver a package of electric drive train technology for a series of bulk carriers.

about 6 years ago
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