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Business Developments & Projects

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Several men standing behind a desk with two central people holding signed documents
Business Developments & Projects

Vietnamese firm expanding LNG collab with two US energy giants

PV Gas, a subsidiary of Vietnam Oil and Gas Group (Petrovietnam) has signed agreements with two Texas-based energy majors, Excelerate Energy and ConocoPhillips, to cooperate on sourcing LNG from the United States.

about 1 year ago
Sale of 504 MW interconnector between Ireland and Great Britain valued at over €1 billion
Business Developments & Projects

Sale of 504 MW interconnector between Ireland and Great Britain valued at over €1 billion

Partners Group, acting on behalf of its clients, has agreed to sell the 504 MW Greenlink subsea electricity interconnector linking Great Britain and Ireland to Baltic Cable AB and Equitix, valuing the project at an enterprise value of over €1 billion. Partners Group acquired a controlling stake in G

about 1 year ago
Stena Immaculate tanker pictured on March 12, 2025; Credit: UK's Maritime and Coastguard Agency
Business Developments & Projects

Pollution ‘no cause for concern’ after oil tanker-cargo ship North Sea allision, UK says

Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.

about 1 year ago
ABB to provide technology for Allied Green Ammonia’s flagship project in Australia
Business Developments & Projects

ABB to provide technology for Allied Green Ammonia’s flagship project in Australia

Allied Green Ammonia (AGA) and ABB Australia have signed a memorandum of understanding (MoU) to collaborate on AGA’s flagship hydrogen-to-ammonia project strategically located at Gove Peninsula.

about 1 year ago
South Korean cable maker gains access to £21.3B in projects through deal with UK's National Grid
Business Developments & Projects

South Korean cable maker gains access to £21.3B in projects through deal with UK’s National Grid

South Korean Taihan Cable & Solution has signed a framework agreement with UK power transmission and distribution company National Grid UK for high-voltage direct current (HVDC) cable systems, securing participation opportunities in projects valued at approximately £21.3 billion over up to eight yea

about 1 year ago
Enap and SAAM’s electric tug aces sea trials before traveling to Chile
Business Developments & Projects

Enap and SAAM’s electric tug aces sea trials before traveling to Chile

Latin America’s first electric tug, which will operate in Chile under an agreement between state-owned company Empresa Nacional del Petróleo (Enap) and harbor towage services provider SAAM, is wrapping up sea trials at Sanmar shipyard’s vicinity in Tuzla Bay, Istanbul.

about 1 year ago
An LNG carrier viewed from the shore
Business Developments & Projects

Asian duo wins $810 million LNG terminal expansion gig in Taiwan

Taiwan’s state-owned petroleum company CPC Corporation has awarded an engineering, procurement, and construction (EPC) contract for the construction of liquefied natural gas (LNG) cryogenic tanks at its Kaohsiung Intercontinental LNG terminal to Taiwan’s EPC services provider CTCI Corporation and Ja

about 1 year ago
Newest hybrid RoRo ship rounds off Grimaldi’s GG5G fleet
Business Developments & Projects

Newest hybrid RoRo ship rounds off Grimaldi’s GG5G fleet

Italian shipping company Grimaldi Group has taken delivery of the final hybrid roll-on/roll-off (RoRo) ship in its Grimaldi Green 5th Generation (GG5G) class.

about 1 year ago
Transocean Equinox rig; Source: Transocean
Business Developments & Projects

Seabed surveys on ConocoPhillips’ agenda for April ahead of drilling ops offshore Australia

ConocoPhillips has penciled in the start of seabed surveys next month to find drilling locations for its upcoming Otway exploration drilling program (OEDP), envisioned to discover more Australian gas with a semi-submersible rig owned by Transocean, a Switzerland-based offshore drilling contractor.

about 1 year ago
NKT marks key milestone in Greek power cable project, reports progress on Taiwan's first subsea cable factory
Business Developments & Projects

NKT marks key milestone in Greek power cable project, reports progress on Taiwan’s first subsea cable factory

Denmark-headquartered power cable manufacturer and installation company NKT has achieved one of the final milestones for Greece’s Attica-Crete power cable project with the completion of the site acceptance test. Described as the largest electricity transmission project in Greece, with a budget excee

about 1 year ago
Petrogas, Gasunie looking into hydrogen transport via North Sea pipelines
Business Developments & Projects

Petrogas, Gasunie looking into hydrogen transport via North Sea pipelines

Gasunie and Petrogas Transportation have partnered to investigate how the Petrogas pipeline installed under the North Sea can be reused to transport green hydrogen.

about 1 year ago
An offshore platform at sunset
Business Developments & Projects

Australia-based oil & gas player debuts new name

Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has changed its name to Geo Exploration.

about 1 year ago
Prinos is situated in the vicinity of Kavala NE Greece operated by Energean; Source: EnEarth
Business Developments & Projects

$945 million sale deal for ‘high-quality’ assets on shaky ground as uncertainty abounds

Energean has spotted potential clouds that are gathering on the divestment horizon for its portfolio in Egypt, Italy, and Croatia with an enterprise value (EV) of up to $945 million, of which $820 million is firm.

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business Developments & Projects

WaveX seeks investment for next wave energy development phase

Australian wave energy company WaveX is seeking a SEED investment round to fund the next development phase, aiming to scale up its wave energy technology. The company plans to deploy a large-scale steel prototype in southern Western Australia to demonstrate consistent and reliable electricity produc

about 1 year ago
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