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Norwegian cleantech company TECO 2030 files for bankruptcy
Business Developments & Projects

Norwegian cleantech company TECO 2030 files for bankruptcy

Norway-based cleantech company TECO 2030, known for the development of hydrogen fuel cells, has filed for bankruptcy.

about 1 year ago
H175; Source: Omni Táxi Aéreo
Business Developments & Projects

TotalEnergies extends helicopter firm’s gig at field offshore Brazil

French-headquartered energy giant TotalEnergies has renewed the contract with Brazil-based Omni Táxi Aéreo, an affiliate of Latin America’s provider of air mobility and delivery solutions Omni Helicopters International Group, to operate its field in the Santos Basin off the coast of Brazil.

about 1 year ago
TEN
Business Developments & Projects

TEN cuts carbon intensity by 19.6% through fleet renewal and deployment of LNG-fueled ships

Greek shipping company Tsakos Energy Navigation (TEN) has made significant progress in implementing its green strategy as it achieved a reduction of carbon intensity by 19.6% compared to 2008 levels.

about 1 year ago
Matson completes third LNG dual-fuel boxship retrofit
Business Developments & Projects

Matson completes third LNG dual-fuel boxship retrofit

U.S. shipowner Matson has wrapped up the conversion of its third containership to run on liquefied natural gas (LNG) as part of the long-term strategy to reduce greenhouse gas (GHG) emissions.

about 1 year ago
Subsea7 filling out 2026 offshore agenda with Aramco and Shell contracts
Business Developments & Projects

Subsea7 filling in 2026 offshore agenda with Aramco and Shell contracts

Subsea7 has secured two contracts, one with Saudi Arabia’s energy heavyweight Aramco and the other with UK energy giant Shell, for the delivery of subsea infrastructure in Saudi Arabia and the Gulf of Mexico. The long-term agreement with Aramco is seen as substantial, meaning it is worth between $15

about 1 year ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Aker BP bites the dust in North Sea well

Aker BP has found no hydrocarbons at a well in the North Sea off the coast of Norway. One of Odfjell Drilling’s semi-submersible rigs was in charge of drilling operations.

about 1 year ago
Oman set to launch third green hydrogen tender in early 2025
Business Developments & Projects

Oman set to launch third green hydrogen tender in early 2025

Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, has unveiled plans to launch the third round of public bidding on lands for green hydrogen projects in the first quarter of 2025.

about 1 year ago
New H2Med Corridor alliance to advance European hydrogen single market
Business Developments & Projects

New H2Med Corridor alliance to advance European hydrogen single market

Companies from France, Germany, Portugal and Spain have created an alliance for the H2Med Southwestern Hydrogen Corridor to advance the European hydrogen single market by connecting hydrogen production, storage and consumption projects.

about 1 year ago
Steel cut for Donsötank’s second LNG dual-fuel tanker
Business Developments & Projects

Steel cut for Donsötank’s second LNG dual-fuel tanker

Swedish tanker shipping company Donsötank has marked the beginning of the construction of its second LNG dual-fuel chemical tanker at Wuhu Shipyard in China.

about 1 year ago
Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman
Business Developments & Projects

Hydrom and thyssenkrupp nucera eye joint hydrogen opportunities in Oman

Hydrom, an entity orchestrating Oman’s national interest in green hydrogen, and thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, have signed a memorandum of understanding (MoU) to work together in supporting the growing green hydrogen sector in Oman, with

about 1 year ago
An offshore platform
Business Developments & Projects

Seplat formally brings ExxonMobil’s Nigerian business into its fold

Nigeria’s oil and gas company Seplat Energy has completed the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from U.S. energy major ExxonMobil.

about 1 year ago
Subsea7 orders steel pipes from Greek company for two North Sea projects
Business Developments & Projects

Subsea7 orders steel pipes from Greek company for two North Sea projects

Greece-based Corinth Pipeworks, the steel pipe segment of Belgian Cenergy Holdings, has secured two contracts with Subsea7 for work in the North Sea. According to the company, the projects, Bestla in Norway and Bittern in the UK, further solidify its strong geographical presence in the region and un

about 1 year ago
MPA Singapore seeking options to scale up LNG bunkering services
Business Developments & Projects

MPA Singapore seeking options to scale up LNG bunkering services

The Maritime and Port Authority of Singapore (MPA) has opened a call for Expression of Interest (EOI) for sea-based LNG reloading and supply of e/bio-methane as marine fuel in the Port of Singapore.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Chevron takes delivery of first lower-carbon LNG carrier overhauled by Seatrium

Singapore-headquartered provider of offshore, marine, and energy solutions Seatrium has delivered the first liquefied natural gas (LNG) vessel undergoing lower carbon modification to U.S.-headquartered energy major Chevron.

about 1 year ago
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