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Business Developments & Projects

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Utkilen’s new LNG-ready chemical tanker hits the water in Turkey
Business Developments & Projects

Utkilen’s new LNG-ready chemical tanker hits the water in Turkey

Norwegian chemical tankers operator Utkilen has launched its LNG dual-fuel newbuild at İçdaş shipyard in Turkey. Utkilen revealed in a brief social media update that the ship named Listraum was launched on November 2. “The ship will be delivered with LNG tanks installed, reflecting our commitment to

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

TotalEnergies embarks on high-impact exploration drilling ops offshore Namibia

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TotalEnergies has kicked off drilling activities at an exploration well close to previously made light oil discovery in the prolific Orange Basin off the coast of Namibia with a semi-submersible rig owned by Northern Ocean and managed by Odfjell Drilling.

about 1 year ago
North Sea; Source: OEUK
Business Developments & Projects

Wheels up to change rules of oil & gas game in UK waters while windfall tax hike gets green light

The United Kingdom (UK) plans to embark on consultations to come up with new environmental guidance for offshore oil and gas projects in the aftermath of the recent Supreme Court ruling.

13 minutes read
Two men sitting at a desk with two women standing behind them
Business Developments & Projects

TotalEnergies supplying Sinopec with LNG well into 2040s

France’s energy giant TotalEnergies has inked a heads of agreement (HoA) with China Petrochemical Corporation (Sinopec) for a multi-year sale of liquefied natural gas (LNG).

about 1 year ago
OCP and Engie eye green hydrogen and ammonia collaboration
Business Developments & Projects

OCP and Engie eye green hydrogen and ammonia collaboration

OCP Group and Engie have taken a step towards launching several projects in renewable energy, energy storage, green hydrogen and ammonia, power infrastructure and sustainable desalination.

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Business Developments & Projects

Stena Drilling drillship comes to spud Chevron’s prospect in West Mediterranean as Egypt anticipates oil & gas growth with further exploration

Stena Drilling has brought one of its drillships back to Egyptian waters to embark on a drilling assignment with Chevron in the mostly unexplored West Mediterranean (West Med) blocks off the coast of Egypt.

about 1 year ago
Argeo signs eight-year data agreement with Suriname’s oil & gas regulator
Business Developments & Projects

Argeo signs eight-year data agreement with Suriname’s oil & gas regulator

Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases ove

about 1 year ago
AES Corporation gauging interest in LNG bunkering in Panama ahead of 2025 launch
Business Developments & Projects

AES Corporation gauging interest in LNG bunkering in Panama ahead of 2025 launch

Panam LNG Bunkering, a subsidiary of AES Corporation, has invited shipping companies to submit expression of interest (EOI) for LNG bunkering services in Panama as it prepares to launch operations in March 2025. The company issued a notice on October 28 to all shipping agents, vessel owners, and ope

about 1 year ago
An engineer wearing safety harness onboard a vessel
Business Developments & Projects

Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali

about 1 year ago
Hapag-Lloyd welcomes another LNG dual-fuel 23,600 TEU containership
Business Developments & Projects

Hapag-Lloyd welcomes another LNG dual-fuel 23,600 TEU containership

German shipping major Hapag-Lloyd has added another Hamburg Express Class 23,660 TEU containership to its fleet.

about 1 year ago
Chevron's Anchor deepwater project in Gulf of Mexico; Source: Chevron
Business Developments & Projects

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th

15 minutes read
HD HHI
Business Developments & Projects

HD HHI kicks off autonomous ship demonstration off Ulsan

South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) is conducting collision avoidance and remote control maritime demonstration of autonomous ships.

about 1 year ago
Source: HEXA Renewables, screenshot.
Business Developments & Projects

HEXA Renewables commissions ‘world’s largest’ offshore floating solar plant in Taiwan (Video)

Singapore-based HEXA Renewables, in partnership with Taiwan’s government and backed by global infrastructure fund I Squared Capital, has commissioned the “world’s largest offshore floating solar power plant” in Changhua County, Taiwan. Spanning 347 hectares across four plots, the 373 MWac (megawatt

about 1 year ago
Chinese LNG bunkering player expands into European market
Business Developments & Projects

Chinese LNG bunkering player expands into European market

China Marine Bunker (PetroChina) (CHIMBUSCO), a Chinese physical supplier of marine fuel, has completed its first LNG bunkering operation in Europe, marking the official expansion of its alternative energy services to overseas markets. As disclosed, CHIMBUSO’s inaugural LNG bunkering operation in Eu

about 1 year ago