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Business Developments & Projects

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Evergreen splashes out $3 billion on new LNG dual-fuel containerships
Business Developments & Projects

Evergreen splashes out $3 billion on new LNG dual-fuel containerships

Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Trafigura buying oil from Brazilian player’s Santos Basin field

Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field in the Santos Basin offshore Brazil.

about 1 year ago
P2X Solutions’ hydrogen plant in Finland starts commercial operations
Business Developments & Projects

P2X Solutions’ hydrogen plant in Finland starts commercial operations

P2X Solutions has launched commercial operations of green hydrogen at its production plant in Harjavalta, Finland.

about 1 year ago
Singapore’s bio-LNG supplier comes on board SEA-LNG coalition
Business Developments & Projects

Singapore’s bio-LNG supplier comes on board SEA-LNG coalition

SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member. Singapore-headquartered bio-LNG supplier Straits Bio-LNG has joined the coalition to make ‘real strides’ in promoting LNG as a practical solution for shipping decarbonization. Straits Bio-LNG is cur

about 1 year ago
Proteus Marine Renewables (PMR) has installed Japan’s first megawatt-scale tidal turbine, in the Naru Strait.
Business Developments & Projects

1.1 MW tidal turbine hits the water in Japan’s Naru Strait (Gallery)

UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it “the first to operate such devices in two countries”. According to PMR, the AR1100 turbine is expected to generate 1.1 MW of power, supporting the decarboni

about 1 year ago
Three large tanks by the coast
Business Developments & Projects

LNG, CCS, and hydrogen lighting revamped Inpex’s path to ‘responsible’ energy transition

Japan’s energy company Inpex has introduced a series of organizational and branding changes intended to strengthen its business framework in line with its new strategy for the next ten years.

about 1 year ago
UK’s first HVDC cable factory starts showing contours
Business Developments & Projects

Scottish submarine cable factory starts taking shape

The first batch of structural steel for Sumitomo Electric’s submarine cable manufacturing facility at the Port of Nigg in Scotland, set to form the backbone of the factory and warehouse structure, has arrived at the site. Sumitomo started the construction of what is said to be the UK’s first HVDC ca

about 1 year ago
ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway
Business Developments & Projects

ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway

ITM Power has signed a contract to supply four NEPTUNE V units, totalling 20 MW, for the first phase of Norway’s Hydrogen Hub Agder project.

about 1 year ago
Austal: $172M shipbuilding deal formalized for hydrogen-ready ferry
Business Developments & Projects

Austal: $172M shipbuilding deal formalized for hydrogen-ready ferry

Austal Australasia, a part of Australian shipbuilding company Austal, has signed a contract with Gotlandsbolaget of Sweden to design and construct a hydrogen-ready vehicle passenger ferry.

about 1 year ago
Dorado drillship; Source: Pelago Management
Business Developments & Projects

Rig poised to seek drilling gigs across continents as Vantage gets marketing rights

Vantage Drilling has secured a marketing deal for a newbuild ultra-deepwater drillship, owned by Eldorado Drilling, an offshore drilling player backed by a group of Norwegian investors.

about 1 year ago
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables
Business Developments & Projects

New UXO contractor to support offshore wind and marine energy projects

British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho

about 1 year ago
Uniper and Kyuden eye joint hydrogen and ammonia opportunities
Business Developments & Projects

Uniper and Kyuden eye joint hydrogen and ammonia opportunities

Uniper and Kyuden International have signed a memorandum of understanding (MoU) to explore collaboration in hydrogen and ammonia, renewable energy and carbon capture utilization and storage (CCUS).

about 1 year ago
Norwegian firm to assess carbon storage potential in Australia's offshore basin
Business Developments & Projects

Norwegian firm to assess carbon storage potential in Australia’s offshore basin

Norway-based energy data and intelligence company TGS and Australian commercial-scale carbon capture and storage (CCS) project developer and operator deepC Store have joined forces on carbon storage assessment in the Browse Basin offshore Australia. The partners entered into an agreement to carry ou

about 1 year ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Business Developments & Projects

More gas for $10B Golden Pass LNG as it pools resources with Entergy Texas and Kinder Morgan

Intending to fuel Southeast Texas’ natural gas growth to address the rising energy demand, Entergy Texas has joined forces with Kinder Morgan (KMI) and Golden Pass liquefied natural gas (LNG) terminal (GPX) export project in Sabine Pass, Texas.

about 1 year ago
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