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Business Developments & Projects

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CETO technology
Business Developments & Projects

Australian govt agency backs Carnegie to support wave energy deployment in Spain

Carnegie Clean Energy has secured a bond facility agreement with Export Finance Australia (EFA) to support the ACHIEVE Program’s CETO wave energy technology deployment at the Biscay Marine Energy Platform (BiMEP) in the Basque Country, Spain. The agreement is said to see EFA provide advanced paymen

about 1 year ago
Man looking at an offshore platform
Business Developments & Projects

Expro adds 52-well P&A gig to its agenda

Energy services provider Expro has won a contract with an unnamed client for the provision of well decommissioning services during a multi-well plug and abandonment (P&A) campaign.

about 1 year ago
Noble Interceptor rig; Source: Noble Corporation
Business Developments & Projects

Noble signs up for Kongsberg Digital’s ‘cutting-edge’ simulator tech

Noble is bent on enhancing its operational safety and performance with simulator technology for dynamic positioning (DP) training and analysis, which will be provided by Kongsberg Digital.

about 1 year ago
As Switzerland adopts national hydrogen strategy, Axpo and partners launch new production plant
Business Developments & Projects

As Switzerland adopts national hydrogen strategy, Axpo and partners launch new production plant

Switzerland’s Federal Council adopted the national hydrogen strategy the same day that Axpo and its partners broke ground on the site of a new hydrogen production plant to be constructed by H2Uri.

about 1 year ago
Ostwind 4
Business Developments & Projects

50Hertz awards contract for Ostwind 4 offshore grid connection in Germany

UAE-based Drydocks World, in partnership with GE Vernova, has secured a contract to build and install Ostwind 4, a 2 GW offshore wind grid connection in Germany. Ostwind 4 will connect Baltic Sea offshore wind farms to the national grid using high-voltage direct current (HVDC) technology. This will

about 1 year ago
EBRD
Business Developments & Projects

EBRD invests up to €65M to support Moroccan port expansion, sustainability

The European Bank for Reconstruction and Development (EBRD) has decided to invest in Morocco’s maritime sector with a loan of up to MAD 690 million (equivalent to €65 million) to local port operator Marsa Maroc.

about 1 year ago
Utkilen upgrades 2019-built chemical tanker to operate on LNG
Business Developments & Projects

Utkilen upgrades 2019-built chemical tanker to operate on LNG

Norwegian shipping company Utkilen has upgraded its 10,500 dwt chemical tanker Mostraum to operate on liquefied natural gas (LNG).

about 1 year ago
LNG carrier at dock
Business Developments & Projects

Another Asian player signs up for Santos’ LNG

Australia’s energy giant Santos has signed a binding long-term supply and purchase agreement (SPA) with Japan’s Shizuoka Gas for the delivery of liquefied natural gas (LNG) from its portfolio.

about 1 year ago
Map; Source: QatarEnergy
Business Developments & Projects

QatarEnergy to enlarge its Namibian oil & gas portfolio by joining Chevron’s offshore block

QatarEnergy has set the stage to get a stake in an exploration block off the coast of Namibia, thanks to a deal with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation.

about 1 year ago
Argeo halts bankruptcy plans as industry player shows interest
Business Developments & Projects

Argeo nets five-year site investigation agreement with TotalEnergies, extensions possible

Norway’s subsea services provider Argeo has entered into a five-year agreement, with potential for an additional two years, with France’s energy giant TotalEnergies for offshore site investigation services. The two companies established a global framework agreement on legal terms and conditions (FAL

about 1 year ago
Appraisal well was drilled by COSL Prospector rig; Source: COSL
Business Developments & Projects

Vår Energi and Equinor mull over oil discovery tie-back to existing Barents Sea FPSO

Following a new oil discovery near an asset that is already in operation, Vår Energi and its Equinor, are in the process of contemplating a tie-back of their latest discovery to the existing floating production, storage, and offloading (FPSO) unit in the Barents Sea.

about 1 year ago
Zeebrugge to get its first shore power facilities for cruise ships
Business Developments & Projects

Zeebrugge to get its first shore power facilities for cruise ships

Antwerp-Bruges Port Authority will introduce shore power facilities for cruise ships in Zweedse Kai, Zeebrugge, Belgium, allowing the switch to green electricity from the high-voltage grid at the quay.

about 1 year ago
An LNG processing plant
Business Developments & Projects

LNG production starts at Venture Global’s Plaquemines plant

U.S. liquefied natural gas (LNG) export project developer, Venture Global, has achieved first production at its second plant, situated in Port Sulphur, Plaquemines Parish, Louisiana.

about 1 year ago
San Diego
Business Developments & Projects

SF Bay Ferry orders three battery-electric ferries in $46 million deal

U.S. public ferry service provider San Francisco Bay Ferry (SF Bay Ferry) has entered into an agreement to purchase the nation’s first three battery-electric high-speed passenger ferries from All American Marine.

about 1 year ago
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