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Business Developments & Projects

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Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

University of Hawaii advances wave energy tech via TEAMER

The University of Hawaii (UH) has made strides in wave energy research through the U.S. Department of Energy’s (DOE) Testing Expertise and Access for Marine Energy Research (TEAMER) program. According to the Water Power Technologies Office (WPTO), TEAMER has facilitated testing and refinement for t

about 1 year ago
Large vessel at sea
Business Developments & Projects

Japanese giant christens one LNG carrier and takes order for another

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has named a liquefied natural gas (LNG) carrier to be chartered by TotalEnergies Gas & Power Limited (TGPL), a subsidiary of French energy firm TotalEnergies. Additionally, the firm signed a long-term charter contract for a LNG newbuild with compatriot

about 1 year ago
EPC contract in place for UK’s first large-scale low-carbon hydrogen plant
Business Developments & Projects

EPC contract in place for UK’s first large-scale low-carbon hydrogen plant

EET Hydrogen has selected Istanbul-based company ENKA for engineering, procurement, and construction (EPC) work on its flagship hydrogen production plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.

about 1 year ago
Keel laying marks official construction start of NKT's second cable layer
Business Developments & Projects

Keel laying marks official construction start of NKT’s second cable layer

Danish power cable manufacturer and installation company NKT has marked the official start of construction of its new cable-laying vessel (CLV) NKT Eleonora with the keel laying ceremony, some two months after the first steel was cut for the vessel. The official keel laying of NKT Eleonora took plac

about 1 year ago
Avina Clean Hydrogen’s large-scale ammonia project in US gains ground
Business Developments & Projects

Avina Clean Hydrogen’s large-scale ammonia project in US gains ground

U.S. green hydrogen producer Avina Clean Hydrogen has completed the front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility located in the Texas Gulf Coast.

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Business Developments & Projects

Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID

Canada’s proposed 12-million-tonne-per-year liquefied natural gas (LNG) project on Pearse Island at the northwest coast of British Columbia (B.C.) is off to a great start in 2025 with new equity funding in place to fully support remaining development activities through to a final investment decision

about 1 year ago
MOL names latest addition to QatarEnergy’s growing LNG fleet
Business Developments & Projects

MOL names latest addition to QatarEnergy’s growing LNG fleet

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has hosted a naming ceremony for a liquefied natural gas (LNG) carrier it is building for QatarEnergy’s historic LNG shipbuilding program.

about 1 year ago
Amogy secures additional $56 million to commercialize its ammonia-to-power solution
Business Developments & Projects

Amogy secures additional $56 million to commercialize its ammonia-to-power solution

Amogy has raised $56 million in venture financing to accelerate commercializing its technology in markets such as maritime and stationary power generation.

about 1 year ago
Nexans, TenneT sign €1 billion LanWin2 offshore grid connection contract
Business Developments & Projects

Nexans, TenneT sign €1 billion LanWin2 offshore grid connection contract

Nexans has secured the contract for the LanWin2 offshore grid connection in Germany, valued at €1 billion, under the framework agreement TenneT awarded the French subsea cable supplier in May 2023. The project involves the engineering, procurement, construction, and installation (EPCI) of 250 kilome

about 1 year ago
AtoB@C Shipping charters six eco-vessels from German shipowner
Business Developments & Projects

AtoB@C Shipping charters six eco-vessels from German shipowner

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has entered into long-term time charter contracts with German shipowner BAAS Shipping from six new low-emission vessels.

about 1 year ago
An offshore platform
Business Developments & Projects

Trident kicks off the new year with fresh Congo acreage

UK-headquartered oil and gas company Trident Energy has completed the acquisition of Chevron’s Congolese subsidiary and its in-country assets and a working interest in two fields from TotalEnergies off the coast of Congo.

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

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
New 800 MW green hydrogen project launched in Northern Germany
Business Developments & Projects

New 800 MW green hydrogen project launched in Northern Germany

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), and German Friesen Elektra Green Energy have initiated project Anker, a green hydrogen production facility in Sande, Northern Germany.

about 1 year ago
Ocean Thermal Energy Corporate's OTEC system
Business Developments & Projects

$3.5M contract sets stage for OTEC deployment at remote US Army base

The U.S. renewable energy company Ocean Thermal Energy Corporation (OTE Corp) has secured a $3.5 million contract from Johnson Controls for engineering planning and design under the U.S. Army’s Deep Energy Retrofit Assessment program at the U.S. Army Garrison Kwajalein Atoll (USAG-KA), a remote inst

about 1 year ago
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