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Business Developments & Projects

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COSCO Shipping’s new ammonia-fueled ship design gets stamp of approval
Business Developments & Projects

COSCO Shipping’s new ammonia-fueled ship design gets stamp of approval

COSCO Shipping Energy and COSCO Shipping Heavy Industry, units of China’s COSCO Shipping group, have received approvals in principle (AiPs) from classification societies ABS, CCS, and DNV for their design of a 50,000 cubic meter (cbm) ammonia dual-fuel ammonia/LPG carrier. According to COSCO Shippin

about 1 year ago
An offshore platform
Business Developments & Projects

After finding gas in one UK North Sea well, Petrogas moves to drill another

Petrogas North Sea, a subsidiary of Oman-based Petrogas E&P, has made a gas discovery in an exploration well in the Southern North Sea.

about 1 year ago
TGS booked for 2025 summer season
Business Developments & Projects

TGS wins contract in Europe for 2025 summer season

Norway-based energy data and intelligence company TGS has secured its first 3D streamer contract for the 2025 summer season, set to be performed in Northwest Europe. According to TGS CEO Kristian Johansen, the company is experiencing higher bidding activity for this region compared to recent years,

about 1 year ago
Panama
Business Developments & Projects

New Dutch-German partnership targets shipping decarbonization

GoodShipping, an insetting brand of Dutch FincoEnergies, and SQUAKE, a German climate tech company, have partnered up to accelerate the decarbonization of the shipping industry.

about 1 year ago
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until December 2024.
Business Developments & Projects

SafeWAVE approaches finish line, soon to unveil its wave energy outcomes

The EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, will celebrate its completion on November 28, 2024. According to SafeWAVE, an online event will showcase the project’s contributions to improving consenting and licensing processes and tac

about 1 year ago
DLV 2000 vessel on FaS gas development project in Malaysia; Source: McDermott
Business Developments & Projects

McDermott wraps up one part of its assignment on Shell’s gas project offshore Malaysia (Gallery)

McDermott has completed an offshore segment of its scope of work on a project, encompassing multiple gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.

about 1 year ago
Denmark and the Netherlands press ahead with green hydrogen cluster plans
Business Developments & Projects

Denmark and the Netherlands press ahead with green hydrogen cluster plans

Danish green hydrogen producers and Dutch industrial market players have reiterated their commitment to developing a green hydrogen cluster in Northwestern Europe and welcomed a new partner to this initiative. The Danish-Dutch partnership aims to establish Northwest Europe’s leading green hydrogen c

about 1 year ago
PSV undergoing upgrades completes its first geotechnical project
Business Developments & Projects

PSV undergoing refit completes its first geotechnical project

Ross Offshore, part of ABL Group’s AGR, has performed the first geotechnical project with Ross Eagle, following the completion of the first phase of upgrades on the vessel that was built as a platform supply vessel (PSV). Owned by Eagle Offshore Bømlo, the 2003-built Ross Eagle was constructed at Br

about 1 year ago
ZeroNorth
Business Developments & Projects

ZeroNorth, Vitol launch digital bunker trial in Rotterdam to streamline marine fuel ops

Global energy and commodities trading company Vitol and Danish technology provider ZeroNorth have teamed up with the Port of Rotterdam to launch a digital bunker trial and establish “a foundation for digitalizing bunker operations in Europe’s largest bunker hub”.

about 1 year ago
Proteus Marine Renewables' worker
Business Developments & Projects

Proteus Marine Renewables hits Crowdcube funding target for its tidal energy tech

UK-based tidal energy company Proteus Marine Renewables (PMR) has met its funding target on the Crowdcube platform, securing new capital to advance its tidal energy projects worldwide. In September, PMR launched its Crowdcube campaign as part of a broader commercialization strategy for its tidal ene

about 1 year ago
Sur plant; Source: Oman LNG
Business Developments & Projects

US firm snaps up FEED job on LNG expansion project tackling energy trilemma

KBR has secured a front-end engineering design (FEED) deal to boost a liquified natural gas (LNG) arsenal at a project on the southeastern coast of the Arabian Peninsula in the Middle East.

about 1 year ago
LNG-powered Fairchem Prestige delivered to Fairfield Chemical Carriers
Business Developments & Projects

LNG-powered Fairchem Prestige delivered to Fairfield Chemical Carriers

Fairfield Chemical Carriers (FCC), the U.S.-based chemical tanker operator, has taken delivery of the newbuild LNG dual-fuel stainless steel chemical tanker, Fairchem Prestige. The 26,000 dwt vessel was delivered by Fukuoka Shipbuilding in Japan on November 12, 2024, nearly seven months after the la

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

Shell emerges victorious from battle to overturn ruling in historic climate litigation case

Shell, now headquartered in the UK and not the Netherlands as was the case during the original ruling, has welcomed its new legal win, which overturns the decision that ordered the energy giant to step up its carbon emissions reduction game.

about 1 year ago
Orkney Islands step closer to mainland connection as substation works start
Business Developments & Projects

Orkney Islands step closer to mainland connection as substation works start

SSEN Transmission has broken ground on a new electricity substation that is part of the subsea link that will connect the Orkney Islands to the UK mainland for the first time. The start of work at the Finstown Substation is said to mark a major step forward for the Orkney-Caithness 220 kV Subsea Lin

about 1 year ago
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