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Business Developments & Projects

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BayWa LNG filling station
Business Developments & Projects

BayWa, Volkswagen open German LNG station

BayWa Energy and Volkswagen Group’s logistic unit teamed up to launch the first liquefied natural gas filling station for trucks in the German city of Wolfsburg. The station, located nearby Volkswagen’s world headquarters, will also offer bio-LNG in the second phase of development. BayWa said in a s

about 6 years ago
World’s 1st methanol-powered commercial ship celebrates 5th birthday
Business Developments & Projects

World’s 1st methanol-powered commercial ship celebrates 5th birthday

Wärtsilä, Stena Line, and Methanex marked five years of the successful operation of the methanol-fuelled ferry Stena Germanica.

about 6 years ago
Hornbeck's MPSV Iron Horse
Business Developments & Projects

Hornbeck Offshore enters into restructuring agreement with lenders

U.S. offshore vessel operator Hornbeck Offshore has entered into a restructuring support agreement for comprehensive balance sheet restructuring.

about 6 years ago
Port of Rotterdam
Business Developments & Projects

Port of Rotterdam: Industrial sector further cuts carbon footprint

The Port of Rotterdam is another step closer to becoming a carbon-neutral port in the future.

about 6 years ago
Illustration; Source: Three60
Business Developments & Projects

Spirit taps Three60 for modification and repair services in UK

Energy services group Three60 Energy has won a framework contract to deliver engineering and support services for minor modification and repair services on Spirit Energy’s UKCS assets.

about 6 years ago
A Bristow helicopter
Business Developments & Projects

Bristow and Era one step closer to closing merger after clearing antitrust hurdle

Offshore helicopter operator Bristow and its peer Era Group are one step closer to closing their previously announced merger after clearing an antitrust hurdle.

about 6 years ago
Shell logo
Business Developments & Projects

GCL, Shell plan China LNG trading JV

GCL Oil & Natural Gas has entered into a framework deal with the Hague-based energy giant Shell to market and trade liquefied natural gas in eastern China. Under the deal, the privately-owned Chinese company and Shell will look into setting up a joint venture in eastern China. The proposed venture w

about 6 years ago
Duyung PSC location; Source: Conrad
Business Developments & Projects

Conrad Petroleum sees uplift in Mako gas field resources

Conrad Petroleum has seen an uplift in its resource estimate on the Mako gas field, part of the Duyung PSC in the West Natuna Basin, offshore Indonesia.

about 6 years ago
Port of Antwerp
Business Developments & Projects

Port of Antwerp sees volume growth in Q1 despite coronavirus

The Port of Antwerp finished the first quarter of this year with a total freight volume growth of 4 per cent year over year.

about 6 years ago
Borr's Prospector 5 rig
Business Developments & Projects

Borr Drilling gets early terminations but also new drilling contracts

Borr Drilling has received notices of early termination for several of its drilling rig contracts, but it has also been awarded new contracts for its rigs.

about 6 years ago
Mganolia LNG export project
Business Developments & Projects

LNG Limited loses Singaporean takeover deal

Singapore-based private company LNG-9 has withdrawn from a deal to buy the Australian-listed export project developer LNG Limited. The two companies announced the all-cash takeover bid at the end of February under which LNG Limited shareholders would have received $0.13 in cash per share. However, i

about 6 years ago
Topaz Driller jack-up; Source: Vantage
Business Developments & Projects

Vaalco releases Vantage rig after completing Gabon operations

Houston-based oil and gas company Vaalco Energy has completed workover operations on the South East Etame 2H well offshore Gabon.

about 6 years ago
Crystal Endeavor
Business Developments & Projects

Delivery of Crystal’s new polar-class expedition ship delayed due to shipyard closure

Crystal Expedition Cruises postpones the launch of its polar-class expedition ship, Crystal Endeavor, due to shipyard shutdown.

about 6 years ago
Hamriyah Free Zone Facility
Business Developments & Projects

Lamprell mothballs one yard with plan to focus activities within one location

Offshore construction yard Lamprell is implementing a program aimed at achieving a significant reduction in the group amid a global health crisis. As a result, Lamprell has mothballed one facility with plans to close another one upon completion of current projects.

about 6 years ago
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