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Business Developments & Projects

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Ocean Sun's floating solar technology in Chile
Business Developments & Projects

Alotta delivers Chile’s first floating solar at Mowi site

Alotta Energy Chile has delivered the country’s first floating solar installation at Mowi’s Isla Huar salmon farm in the Los Lagos region, aiming to cut CO2 emissions and reduce diesel reliance in offshore aquaculture. The system, developed, financed, and installed by Alotta Energy Chile, a subsidia

about 1 year ago
LNG carrier Kool Glacier at sea
Business Developments & Projects

HD Hyundai’s upgrades help CoolCo future-proof its LNG fleet

HD Hyundai Marine Solution (HD HMS) has completed the retrofit of a liquefied natural gas (LNG) carrier owned by Bermuda-based LNG carrier owner and operator Cool Company (CoolCo).

about 1 year ago
New joint venture focused on mid-sized LPG tankers comes to market
Business Developments & Projects

New joint venture focused on mid-sized LPG tankers comes to market

Abu Dhabi-based Al Seer Marine, a subsidiary of International Holding Company (IHC), and B International Shipping & Logistics, an affiliate of energy trader BGN, have launched a new joint venture (JV) that will own and operate mid-sized LPG and product tankers.

about 1 year ago
Fugro wins its ‘largest-ever project in Asia Pacific’
Business Developments & Projects

Fugro wins its ‘largest-ever project in Asia Pacific’

The Netherlands-headquartered Fugro has secured its largest-ever project in the Asia Pacific (APAC) region, as part of which it will support the development of a deepwater gas field in Southeast Asia. As part of the signed letter of award (LoA), Fugro will perform a site characterization program for

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Business Developments & Projects

39-year-old FPSO going to Las Palmas to get ready for redeployment

Amplus Energy has picked Spain’s Astican Shipyard in Las Palmas de Gran Canaria off the northwest coast of Africa to undertake the work scope related to the preparation for the redeployment of a floating production, storage, and offloading (FPSO) vessel, seen as one of the offshore industry’s most i

about 1 year ago
AR1100 deployment ProteusAR1100 deployment Proteus Marine Renewables
Business Developments & Projects

Japan certifies Proteus 1.1 MW tidal turbine, power now flowing to national grid

UK-based tidal energy company Proteus Marine Renewables’ (PMR) 1.1 MW tidal energy turbine, the AR1100, has received certification from Japan’s Ministry of Economy, Trade and Industry (METI), confirming the system meets national standards for grid-connected power generation. The turbine is now opera

about 1 year ago
Transformer station at Melkøya
Business Developments & Projects

Norwegian duo teams up on Equinor’s CO2-cutting LNG project

Asset integrity management company Axess Group has won an enterprise of competence (EoC) contract with Norway’s energy services company Aibel for work on a project operated by the compatriot energy giant Equinor.

about 1 year ago
Marubeni
Business Developments & Projects

Marubeni unveils investment in Gearbulk

Japanese sōgō shōsha Marubeni Coporation has decided to invest in Gearbulk Holding AG, the world’s ‘largest’ open hatch shipping operator, based in Switzerland.

about 1 year ago
Construction set to begin on ‘Baltic States’ first’ hydrogen station at Klaipėda Port
Business Developments & Projects

Construction set to begin on ‘Baltic States’ first’ hydrogen station at Klaipėda Port

A construction permit has been granted for a new hydrogen production and refueling station at the Port of Klaipėda in Lithuania.

about 1 year ago
Port of Gdańsk; Source: Gaz-System
Business Developments & Projects

Poland’s FSRU project taking shape as onshore segment makes new inroads

Poland’s gas transmission system operator, Gaz-System, has disclosed progress in the construction of the onshore section of the country’s floating storage and regasification unit (FSRU) in the Gulf of Gdańsk.

about 1 year ago
TotalEnergies and partners to import clean energy from Indonesia to Singapore via subsea interconnector
Business Developments & Projects

TotalEnergies and partners to import clean energy from Indonesia to Singapore via subsea interconnector

French energy giant TotalEnergies and Singapore-headquartered RGE, a group operating in the bio-based resources and energy sectors, have joined forces to develop a large-scale solar and battery storage project in Indonesia whose renewable power will be exported to Singapore through a subsea intercon

about 1 year ago
Singapore and France agree on pilot projects to support maritime decarbonization
Business Developments & Projects

Singapore and France agree on pilot projects to support maritime decarbonization

Singapore and France have signed an enhanced maritime partnership agreement to elevate their cooperation on decarbonization, digitalization, cybersecurity, innovation, and training.

about 1 year ago
Flex Courageous vessel at sea
Business Developments & Projects

Flex LNG secures first of three planned vessel refinancing deals

Bermuda-headquartered liquefied natural gas (LNG) shipping company Flex LNG has completed the lease financing for one of the vessels from its fleet.

about 1 year ago
Sea Lion FPSO and Phase 1 & 2 development layout; Source: Navitas
Business Developments & Projects

Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project

Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in place.

about 1 year ago
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