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Business Developments & Projects

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Bird’s-eye view of the Quynh Lap project site in Nghe An Province, Vietnam, where the LNG power plant, LNG terminal, and LNG storage tanks will be constructed; Source: SK Innovation
Business Developments & Projects

$2.3 billion LNG project breaks ground in Southeast Asia

SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a liquefied natural gas (LNG) project, which is anticipated to support Vietnam

about 2 months ago
Poland-bound FSRU; Source: Gaz-System
Business Developments & Projects

FSRU launch bringing Europe’s next terminal closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

about 2 months ago
A large vessel at sea
Business Developments & Projects

UAE and India deepen energy ties with oil, LNG, LPG and storage deals

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has struck new strategic alliances with India-based energy partners, fortifying bonds between the UAE and India through agreements across crude oil, liquefied natural gas (LNG), and liquefied petroleum gas (

about 2 months ago
Karpowership's LNGTS vessel; Source: Karpowership
Business Developments & Projects

Karpowership upping Mexico’s energy ante with LNG-to-power project

Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, is setting the stage to elevate the energy infrastructure game in Mexico’s Yucatán Peninsula with a project that will include a powership and a liquefied natural gas (LNG) terminal vessel (LNGTS).

about 2 months ago
FPU for Sakarya gas field; Source: Wison New Energies
Business Developments & Projects

Chinese firm kicks off topside fabrication for Black Sea bound-FPU

China-based provider of clean energy services Wison New Energies (WNE) has initiated the construction of topside fabrication for a floating production unit (FPU) destined to be deployed at Türkiye’s largest natural gas field.

about 2 months ago
TKF loads out final Ecowende inter-array cables with reduced environmental footprint
Business Developments & Projects

TKF loads out final Ecowende inter-array cables with reduced environmental footprint

The final batch of the inter-array cables for Ecowende’s Hollandse Kust West offshore wind farm was loaded onto Van Oord’s cable-laying vessel (CLV) Nexus in Eemshaven on May 15, according to TKF (Twentsche Kabelfabriek). Under the contract for the 760 MW offshore wind farm, TKF is responsible for t

about 2 months ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun inks deal to take its floating solar technology to Asian markets

Norway’s Ocean Sun has signed a non-binding memorandum of understanding (MoU) with ACEN-Silverwolf, a joint venture renewables platform between ACEN Renewables International (ACRI) and Silverwolf Capital, to establish a strategic framework for the deployment of its floating solar technology in Asian

about 2 months ago
Troll A platform in North Sea; Credit: Jan Arne Wold and Elisabeth Sahl/Equinor
Business Developments & Projects

More Norwegian gas fuelling Germany’s energy security with Equinor-Eneco deal

Norway’s state-owned energy giant Equinor has struck a multi-year agreement with the Netherlands-based energy company Eneco for the supply of Norwegian gas to the Dutch player’s wholly owned German subsidiary, LichtBlick.

about 2 months ago
US vessel reflagging to Vanuatu before assignment in Honduras
Business Developments & Projects

US vessel reflagging to Vanuatu before assignment in Honduras

TDI-Brooks’ 2003-built multi-use oceanographic research vessel Miss Emma McCall is on its way to Honduras to complete its reflagging exercise, before being deployed for a geotechnical project in this country. The 153-meter-long vessel completed its full term ABS shipyard period and is currently en r

about 2 months ago
Rendering of an LNG plant
Business Developments & Projects

30-year gas pact puts $44 billion LNG project at go/no‑go crossroads

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has confirmed that the first segment of its liquefied natural gas (LNG) export development in Alaska is at a critical juncture, with sufficient North Slope natural gas volumes locked in for a final investment decision (FID), following its latest

about 2 months ago
Rendering of Commonwealth LNG plant
Business Developments & Projects

$13 billion US LNG project moves into execution phase with FID in the bag

America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has unveiled a final investment decision (FID) for its LNG export project under development in Louisiana, United States.

about 2 months ago
Rendering of a future LNG terminal
Business Developments & Projects

Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed on the dotted line with Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ), the state-owned natural gas company of the Republic of Türkiye, to supply LNG to Türkiye.

about 2 months ago
N05-A platform in the North Sea; Source: One-Dyas
Business Developments & Projects

More North Sea drilling ops on Eni and ONE-Dyas’ Dutch agenda

The Netherlands-based exploration and production player ONE-Dyas and Italy’s energy giant Eni are expected to undertake more offshore drilling activities in the Dutch sector of the North Sea before the year ends.

about 2 months ago
Eidesvik’s PSV begins journey to ammonia-powered operations
Business Developments & Projects

Eidesvik’s PSV begins journey to ammonia-powered operations

Eidesvik Offshore’s platform supply vessel (PSV) Viking Energy has entered the dock at Halsnøy Dokk to start conversion to ammonia-powered operations. The conversion is planned to be completed in autumn, when the 95-meter-long vessel will continue operating for Equinor, with whom it has been on cont

about 2 months ago
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