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Business Developments & Projects

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Nord Stream 2 could be repurposes for hydrogen and LNG, says Swiss StreamTec Solutions
Business Developments & Projects

Nord Stream 2 could be repurposed for hydrogen and LNG, says Swiss StreamTec Solutions

The Nord Stream 2 gas pipeline that connects Russia and Germany through the Baltic Sea suffered damage in September 2022 following an explosion. StreamTec Solutions, a company formed from the management team of the Nord Stream pipelines, has conducted research on the current condition of Nord Stream

about 1 year ago
Strohm and Norway’s UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize a fully integrated system for subsea fluid and gas transport.
Business Developments & Projects

Strohm and UNITECH Offshore join forces for subsea pipeline solution

Dutch thermoplastic composite pipes (TCP) producer Strohm and Norway’s UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize a fully integrated system for subsea fluid and gas transport. The agreement brings together Strohm’s thermoplastic composite pipe (TCP)

about 1 year ago
Gasum powers Equinor’s tugboats with bio-LNG
Business Developments & Projects

Gasum powers Equinor’s tugboats with bio-LNG

Gasum has delivered bio-LNG to two tugboats operated by Norwegian energy major Equinor as part of their ongoing collaboration toward increasing the use of bio-LNG.

about 1 year ago
Yara
Business Developments & Projects

Lloyd’s Register Foundation and World Economic Forum team up on nature-positive ports

Lloyd’s Register Foundation and the World Economic Forum have partnered to accelerate the transition to nature and people-positive ports.

about 1 year ago
Illustration; Source: ARO Drilling
Business Developments & Projects

New rig job lands on Seatrium’s table

Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.

about 1 year ago
MSC
Business Developments & Projects

Big plans for Moroccan port sector as MSC invests in new terminal

Following its French counterpart CMA CGM, Swiss shipping and logistics giant MSC has also decided to invest in the development of a container terminal at Nador West Med port in Morocco.

about 1 year ago
Ghana commits to greener shipping in ‘defining moment’ for national maritime sector
Business Developments & Projects

Ghana commits to greener shipping in ‘defining moment’ for national maritime sector

Ghana initiated work to develop a national action plan (NAP) to cut greenhouse gas (GHG) emissions from shipping.

about 1 year ago
FPSO Agogo; Source: Yinson Production
Business Developments & Projects

Yinson Production names world’s first FPSO sporting post-combustion carbon capture tech

Yinson Production has held a naming and sailaway ceremony for an FPSO destined to operate off the coast of Angola, which is said to be the first of its kind that has been equipped with a post-combustion carbon capture pilot system to decarbonize operations.

about 1 year ago
An offshore platform
Business Developments & Projects

Shell taps Asian duo for ‘first major’ decom project offshore Brunei

Serikandi Hilong, a joint venture (JV) between Brunei’s Serikandi Oilfield Services and Hilong Group’s Hong Kong-based affiliate Hilong Marine Engineering, has won a contract with Brunei Shell Petroleum (BSP), a subsidiary of the oil major Shell, for the engineering, preparation, removal, and dispos

about 1 year ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Business Developments & Projects

Chevron keeps offshore oil & gas search going by lengthening Shelf Drilling rig’s stay

Shelf Drilling (SHLF) has secured more drilling time with the U.S.-based energy giant Chevron for one of its jack-up rigs working off the coast of West Africa.

about 1 year ago
Second H2Global tender worth €2.5 billion kicks off
Business Developments & Projects

Second H2Global tender worth €2.5 billion kicks off

Germany-based Hintco, an intermediary for purchasing and selling green power-to-X (PtX) products within the H2Global funding mechanism, has launched the second tender worth €2.5 billion.

about 1 year ago
work-class remotely operateed vehicle (ROV), XLX EVO III Render. Source: FET
Business Developments & Projects

UK firm rolls out new remotely operated vehicle for subsea operations

UK’s Forum Energy Technologies (FET) has introduced its ultra-heavy-duty work-class remotely operated vehicle (ROV) designed to enhance subsea operations with increased payload capacity and advanced control capabilities. According to FET, the XLX EVO III ROV features larger thrusters for improved th

about 1 year ago
An offshore platform
Business Developments & Projects

Occidental selling upstream assets to slash debt

Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.

about 1 year ago
Navigator Gas
Business Developments & Projects

Navigator Gas welcomes first of three new ethylene carriers to its fleet

Navigator Gas has completed the acquisition of the first of three new 17,000 cbm liquefied ethylene gas (LEG) carriers.

about 1 year ago
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