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Business Developments & Projects

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ONE
Business Developments & Projects

ONE agrees to purchase shore power at Hamburg port

Singapore-based shipping company Ocean Network Express (ONE) and Germany’s Hamburg Port Authority have signed an agreement for the future use of shore power supply for containerships.

about 1 year ago
Shah Deniz Bravo platform; Source: BP
Business Developments & Projects

BP green-lights batch of energy projects: Next chapter of mega gas field is a go

BP has revealed final investment decisions for multiple projects, including the next phase of development for a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.

about 1 year ago
CP2 LNG; Source: Venture Global
Business Developments & Projects

$28 billion LNG export project breaks ground in Louisiana

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has kicked off site work at its proposed multibillion-dollar export project in Louisiana, United States. This is the firm’s third facility to be built in the last five years.

about 1 year ago
Northern Lights
Business Developments & Projects

Northern Lights: Ready, set, go with first CO2 on board!

Inaugural CO2 has been loaded onto Northern Pioneer, the first in a fleet of four liquefied CO2 transport ships built for Northern Lights, a carbon capture and storage project in Norway.

about 1 year ago
LNG vessel; Source: Purus
Business Developments & Projects

New LNG vessel order for Hyundai Heavy Industries with Purus

Purus, a provider of maritime services for gas transport and offshore wind industries, has placed a new order for a liquified natural gas carrier (LNGC) with Hyundai Heavy Industries in South Korea, bringing the firm’s current newbuilding program to ten gas carriers under construction at Hyundai Gro

about 1 year ago
Sea1 Offshore's to-be-built vessel quartet to sport Kongsberg equipment
Business Developments & Projects

Sea1 Offshore’s to-be-built vessel quartet to sport Kongsberg equipment

Four new offshore construction vessels (OCVs) to be built by Chinese shipyard Cosco Shipping for Norwegian offshore services provider Sea1 Offshore are set to sport Kongsberg Maritime comprehensive equipment packages. Sea1 Offshore, previously known as Siem Offshore, placed the order for the first t

about 1 year ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Business Developments & Projects

Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has received endorsement from its board of directors for its five-year business plan, pointing it in the direction of creating a top five integrated global gas and liquefied natural gas (LNG) business with 20–25 mill

about 1 year ago
HDF Energy strengthens Indonesian presence with strategic hydrogen agreements
Business Developments & Projects

HDF Energy strengthens Indonesian presence with strategic hydrogen agreements

French hydrogen player HDF Energy has signed two strategic agreements to accelerate the deployment of its Renewstable hydrogen power plants in Indonesia.

about 1 year ago
Admarine 510 jack-up rig; Source: ADES
Business Developments & Projects

Fresh rig deal marks new country entry as ADES broadens its West African horizons

ADES has expanded its footprint in West Africa by securing a new drilling assignment for one of its jack-up rigs, which enables it to add a 13th country to its list of operational areas.

about 1 year ago
Sonardyne comes on board UK’s first offshore carbon storage project
Business Developments & Projects

Sonardyne comes on board UK’s first offshore carbon storage project

UK-headquartered Sonardyne has been appointed to deliver baseline environmental monitoring services for the UK’s first offshore carbon capture and storage (CCS) site, being developed by a joint venture of BP, Equinor and TotalEnergies. The project, being developed by the Northern Endurance Partnersh

about 1 year ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan (for illustration purposes); Source: SOCAR
Business Developments & Projects

SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player

Thanks to a new set of deals, the State Oil Company of the Republic of Azerbaijan (SOCAR) is pooling resources with the U.S.-headquartered ExxonMobil and Canada’s Gran Tierra Energy to explore energy opportunities.

about 1 year ago
MOL’s Wind Hunter hydrogen project selected for NEDO’s research initiative
Business Developments & Projects

MOL’s Wind Hunter hydrogen project selected for NEDO’s research initiative

Japanese shipping company Mitsui O.S.K. Lines’ (MOL) Wind Hunter project, a zero-emission initiative that utilizes wind power to produce hydrogen, has been selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) to participate in a project to research the potential f

about 1 year ago
Hoegh Gandria; Source: Höegh Evi
Business Developments & Projects

New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig

Wärtsilä has received a new regasification module order from Höegh Evi for a conversion project that will see a liquefied natural gas (LNG) carrier repurposed into a floating storage and regasification unit (FSRU) destined for deployment in Egypt.

about 1 year ago
Source: Inyanga Marine Energy Group
Business Developments & Projects

Inyanga Marine Energy names new contractors for 20 MW Wales tidal energy project

UK-based Inyanga Marine Energy Group has confirmed a new round of contract awards for its 20 MW HydroWing tidal energy array, set for deployment at the Morlais site off Anglesey, Wales, in the first quarter of 2026. Newly announced contract recipients include PPI Engineering for the design and manuf

about 1 year ago
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