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Business Developments & Projects

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International e-NG alliance expands with nine new members
Business Developments & Projects

International e-NG alliance expands with nine new members

The e-NG Coalition, an international alliance promoting e-NG in energy transition, has been joined by nine new members.

about 1 year ago
Allseas delivers 700-kilometer natural gas pipeline off Mexico
Business Developments & Projects

Allseas delivers 700-kilometer natural gas pipeline off Mexico

Allseas has completed its offshore pipelay commitments for a 700-kilometer-long natural gas pipeline in Mexico ahead of schedule, for its client TC Energy. The Southeast Gateway 36-inch natural gas pipeline runs south along the coast from Tuxpan through the Gulf of Mexico to Coatzacoalcos and Dos Bo

about 1 year ago
DP World
Business Developments & Projects

DP World and Gemini Cooperation to bolster cargo operations in Canada

Dubai-based terminal operator DP World has shaken hands with the Gemini Cooperation to “enhance” cargo operations across Canada. As disclosed, commencing from February 2025, the DP World is set to introduce several new container services at its terminals at the Port of Prince Rupert, the Port of Van

about 1 year ago
Navigator Gas
Business Developments & Projects

Navigator Gas completes terminal expansion, buys three ethylene carriers

Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has completed the expansion of its Morgan’s Point ethylene terminal and committed to buying three 17,000 cbm ethylene carriers.

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

Carigali Hess enlisting Tanjung Offshore’s maintenance services

Tanjung Offshore Services, a subsidiary of Malaysia’s T7 Global, has won a service contract with Carigali Hess Operating Company (CHOC), a joint venture between Petronas’ affiliate PC JDA and Hess Oil Company of Thailand.

about 1 year ago
PaxOcean, new DWT vessel
Business Developments & Projects

PaxOcean clinches deal for new cable laying vessel to bolster Japan’s offshore wind

Singapore-based shipbuilding player PaxOcean has landed a contract with Japan’s Penta-Ocean Construction to construct a 14,000 deadweight tonnage DWT cable laying vessel (CLV), seen as a “key project” in Japan’s offshore wind industry. According to PaxOcean, the vessel is expected to be delivered in

about 1 year ago
Port of Açu and Yamna earmark land for 1 mtpa green ammonia plant
Business Developments & Projects

Port of Açu and Yamna earmark land for 1 mtpa green ammonia plant

London-based Yamna has signed a land reservation agreement with the Brazilian Port of Açu to develop a green ammonia plant.

about 1 year ago
FPU Salamanca; Source: Audubon
Business Developments & Projects

First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion

U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon.

about 1 year ago
Captain Arctic
Business Developments & Projects

Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept

The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines.

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

Phased FPSO restart underway as COSL prepares to drill next well in North Sea

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).

about 1 year ago
An offshore platform with a vessel next to it
Business Developments & Projects

PM wants Vietnam’s first LNG power plants online by June as delays loom

Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

about 1 year ago
50Hertz finds contractors for boulder removal campaign
Business Developments & Projects

Axess wins cable installation contract for 50Hertz German grid connection project

Axess Technologies has been awarded a cable installation contract by Greece-headquartered Hellenic Cables for the Ostwind 3 grid connection project, located in the German Baltic Sea. The scope of work comprises planning and pulling internal platform cables into the offshore high-voltage (HV) substat

about 1 year ago
Blocks offshore Uruguay; Source: Challenger Energy
Business Developments & Projects

Farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.

about 1 year ago
PaxOcean receives order for methanol-ready offshore construction vessel newbuilds
Business Developments & Projects

PaxOcean receives order for methanol-ready offshore construction vessel newbuilds

PaxOcean has unveiled an order for up to four methanol-ready offshore construction vessels (OCVs) from an unnamed European shipowner. PaxOcean said it has signed shipbuilding contracts for two OCVs with a “renowned European shipowner” for delivery in 2027 and an option for two additional vessels. Me

about 1 year ago
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