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Business Developments & Projects

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Ship docked at an LNG terminal
Business Developments & Projects

Thai player welcomes inaugural LNG shipment

Gulf LNG, a subsidiary of Thailand’s Gulf Energy Development, has received its first liquefied natural gas (LNG) cargo.

about 1 year ago
H2SITE raises €36 million to advance hydrogen technology
Business Developments & Projects

H2SITE raises €36 million to advance hydrogen technology

Spain-based hydrogen solutions provider H2SITE has secured €36 million in its Series B funding round from a consortium of investors to advance the deployment of its proprietary hydrogen technology.

about 1 year ago
Belgium and Norway looking into hybrid interconnector
Business Developments & Projects

US and Nordic-Baltic partners agree to increase subsea infrastructure safety

Norway, its Nordic-Baltic allies, and the U.S. have agreed to take steps to enhance the security of subsea infrastructure, including undersea cables and pipelines. This measure is part of a broader effort to lessen vulnerabilities in critical infrastructure and safeguard national and regional securi

about 1 year ago
Clean Hydrogen Partnership issues €184.5 million call for proposals
Business Developments & Projects

Clean Hydrogen Partnership issues €184.5 million call for proposals

The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation (R&I) activities in hydrogen technologies in Europe, has launched its new call for proposals with a budget of €184.5 million for projects.

about 1 year ago
Viking Line expands biofuel-based initiative to three vessels on Helsinki routes
Business Developments & Projects

Viking Line expands biofuel-based initiative to three vessels on Helsinki routes

Viking Line will introduce its biofuel-based sustainable initiative for reducing GHG emissions from conference trips on three vessels on its Helsinki routes.

about 1 year ago
Höegh Autoliners
Business Developments & Projects

Höegh Autoliners secures work for its car carriers

Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car producers’ for the transport of cars in the company’s key trade lanes.

about 1 year ago
COSL Prospector rig; Source: COSL
Business Developments & Projects

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

about 1 year ago
A rig offshore
Business Developments & Projects

Botswana’s LNG to provide ‘energy lifeline’ for impending gas shortage in South Africa

Botala Energy, an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana, has signed a non-binding memorandum of understanding (MoU) with NOVO Energy, a Southern African gas distributor, to jointly develop a liquefied natural gas (LN

about 1 year ago
DOF terminates vessel contract in Mexico due to payment default
Business Developments & Projects

DOF terminates vessel contract in Mexico due to payment default

Norwegian vessel owner DOF Group has terminated the contract for its subsea vessel Skandi Implementer in Mexico following the client’s payment default. In the announcement, DOF further revealed its plans to have the vessel fitted with two of its remotely operated vehicles (ROVs) and pursue opportuni

about 1 year ago
‘World’s first’ ship with full-scale onboard CCS ready for pilot testing
Business Developments & Projects

‘World’s first’ ship with full-scale onboard CCS ready for pilot testing

Following a turnkey CCS retrofit by Seatrium, Clipper Eris, the ethylene carrier owned by Solvang, is set to commence pilot testing.

about 1 year ago
Project ONE
Business Developments & Projects

Project ONE: Giant plant modules arrive in Antwerp on board COSCO ship

On January 15, 2025, COSCO Shipping’s heavy lift vessel Zhi Yuan Kou arrived at the Project ONE site in Antwerp with a cargo of first furnaces, representing an important step for the Port of Antwerp-Bruges and the European chemical sector.

about 1 year ago
Photo of the Atlantic Guardian vessel (Courtesy of EMGS)
Business Developments & Projects

EMGS lands $10M deal for offshore survey in India

Norway’s Electromagnetic Geoservices (EMGS) has been awarded a contract for a controlled-source electromagnetic (CSEM) survey in India, with an estimated value of approximately $10 million. The letter of award (LOA) does not include a minimum scope of work and is contingent on the issuance of a call

about 1 year ago
Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment
Business Developments & Projects

Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment

Trafigura, in collaboration with CF Industries, has completed the ‘first-ever’ co-loaded ammonia and propane shipment operation from the U.S. to Europe.

about 1 year ago
SmartCap’s €5 million investment to support Elcogen’s growth
Business Developments & Projects

SmartCap’s €5 million investment to support Elcogen’s growth

Estonian clean energy technology manufacturer Elcogen has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian greentech companies.

about 1 year ago
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