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Business Developments & Projects

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From Left to Right: Michail Cheliotis, Marine Surveyor at Lloyd’s Register; Peter Van de Graaf, Strategic Key Account Business Partner at Lloyd’s Register; Tim Berckmoes, CEO at Anglo Belgian Corporat
Business Developments & Projects

Hydrogen-fuelled shipping takes step forward as BeHydro’s engine gets go-ahead

UK-based classification society Lloyd’s Register (LR) has given its stamp of approval for a 100% hydrogen-fuelled, spark-ignited marine engine developed by BeHydro, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC) Engines, focusing on hydrogen-powered internal combustion engines.

about 3 months ago
Plaquemines LNG; Courtesy of Venture Global LNG
Business Developments & Projects
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Germany clinches more US LNG as Venture Global and EnBW pen multi-year deal

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has signed on the dotted line with EnBW Energie Baden-Württemberg (EnBW), a German energy player, to send additional long-term U.S. LNG supply to Germany, aside from the volumes included in the du

about 3 months ago
Gjøa; Source: Vår Energi
Business Developments & Projects

Vår Energi on portfolio reshaping spree: $460M acquisitions, swaps and divestments

Norwegian oil and gas player Vår Energi has embarked on a mission to high-grade its portfolio on the Norwegian Continental Shelf (NCS) to strengthen long-term value creation through deals that encompass the acquisition of Pandion Energy’s portfolio, a swap agreement with DNO Norge, a subsidiary of D

about 3 months ago
Illustration; Courtesy of Zululand Energy Terminal (ZET), a joint venture between Vopak and Transnet
Business Developments & Projects

ExxonMobil joins Vopak–Transnet JV to progress South Africa’s LNG import terminal

ExxonMobil South Africa LNG, an affiliate of U.S.-headquartered energy heavyweight ExxonMobil, has penned a heads of agreement (HoA) with a strategic partnership between Vopak Terminal Durban and Transnet Pipelines to advance the development of a liquefied natural gas (LNG) import terminal at the Po

about 3 months ago
Philippe Levy, President of Hanwha Ocean's Energy Plant Unit, and Robert F. Delamar, Chief Executive Officer of Kanata Clean Power & Climate Technologies Corp. sign a memorandum of understanding; Sour
Business Developments & Projects

$15.7 billion floating LNG project on Canada’s horizon as Kanata partners with Hanwha Ocean

South Korea’s Hanwha Ocean has signed a non-binding memorandum of understanding (MOU) with Kanata Clean Power & Climate Technologies Corp. to explore potential cooperation on a proposed development of a floating liquefied natural gas (FLNG) export project planned for Prince Rupert, British Columbia,

about 3 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Business Developments & Projects

Chevron joins Helleniq in Eastern Mediterranean offshore block

U.S.-headquartered energy giant Chevron has signed on the dotted line to acquire a majority stake and operatorship in a block off the coast of Greece, currently solely owned by Helleniq Energy, a Greek integrated energy player.

about 3 months ago
Shell
Business Developments & Projects

US Gulf oil production flow another well richer with more to come before year-end

Beacon Offshore Energy, a Texas-based exploration and production company, has advanced two projects by bringing online a second well at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilling another at a different development, which is anticipated to achieve first oil by the end of 20

about 3 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Business Developments & Projects

Oil gushes out of fourth well at subsea tie-back in Brazilian waters

Brazilian oil and gas company PRIO, formerly known as PetroRio, has brought online another well at its subsea tie-back project in the Campos basin off the coast of Brazil.

about 3 months ago
Kosmos Energy completes sale of production assets in Equatorial Guinea to Panoro; Source: Kosmos Energy via LinkedIn
Business Developments & Projects

Kosmos Energy trims oil & gas portfolio with sale of assets off Equatorial Guinea

U.S.-headquartered oil and gas exploration and production company Kosmos Energy has wrapped up the divestment of its non-operating working interest in production assets off the coast of Equatorial Guinea to the UK-headquartered independent E&P company Panoro Energy.

about 3 months ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun leading floating solar-desalination demonstrator in Canary Islands

Norway’s Ocean Sun has secured approximately NOK 2.1 million (around €193,000) in EU funding for a floating solar demonstrator project in La Palma, one of Spain’s Canary Islands. The 310 kWp La Palma demonstrator, located at the port of Tazacorte, will combine renewable energy from an Ocean Sun FPV

about 3 months ago
ECOnnect will deliver its IQuay F-Class system for a fast-tracked LNG import terminal in Cartagena Bay, Colombia; Source: ECOnnect
Business Developments & Projects

ECOnnect tasked with jettyless transfer solution for Colombia’s new LNG terminal

Norway’s technology company ECOnnect Energy has been hired to deliver its IQuay F-Class jettyless transfer system for Puerto Bahía´s fast-tracked liquefied natural gas (LNG) import terminal in Cartagena Bay, Colombia.

about 3 months ago
EnerMech delivers offshore pipeline scope for ExxonMobil Australia
Business Developments & Projects

EnerMech delivers offshore pipeline scope for ExxonMobil Australia

Aberdeen-headquartered integrated solutions specialist EnerMech has completed a cleaning and preparation scope on an offshore pipeline on behalf of Esso Australia Resources, a wholly-owned subsidiary of ExxonMobil Australia. EnerMech performed the scope on the Bass Strait pipeline system in the Gipp

about 3 months ago
An offshore rig
Business Developments & Projects

Transocean rig pair lines up two drilling jobs in Norway and Australia

Switzerland-based offshore drilling contractor Transocean has secured new multimillion-dollar assignments for two of its harsh environment semi-submersible rigs off the coasts of Norway and Australia.

about 3 months ago
Norwegian firm rigging vessel for CSEM campaign
Business Developments & Projects

Norwegian firm rigging vessel for CSEM campaign

Following newly signed contracts with a combined value of approximately $6 million, Norway’s Electromagnetic Geoservices (EMGS) is preparing a former seismic vessel for an upcoming controlled-source electromagnetic (CSEM) campaign in Norwegian waters. EMGS reported on June 16 that it was rigging the

about 3 months ago