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Business Developments & Projects

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Vessel anchored at a port next to an industrial complex onshore
Business Developments & Projects

100th LNG cargo comes at one German terminal as dredging work kicks off at another

Germany’s state-owned operator Deutsche Energy Terminal (DET) has received its 100th liquefied natural gas (LNG) shipment at one of the four LNG terminals it operates in the country. Additionally, it started dredging activities in preparation for the commissioning stage of a floating storage regasif

about 2 years ago
Shell's Gulf of Mexico platform; Source: Shell
Business Developments & Projects

Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

22 minutes read
HD Hyundai Mipo starts building Korea’s first LCO2 carrier
Business Developments & Projects

HD Hyundai Mipo starts building Korea’s first LCO2 carrier

HD Hyundai Mipo has held a steel cutting ceremony for a 22,000 cbm LCO2 carrier at its Ulsan headquarters.

about 2 years ago
Illustration; Source: McDermott
Business Developments & Projects

McDermott calling the shots at Shell’s mega gas project offshore Trinidad and Tobago

McDermott is in charge of work at Shell’s undeveloped natural gas project off the coast of Trinidad and Tobago.

about 2 years ago
Seabird Guillemot with an attached solar-powered tracker
Business Developments & Projects

Anglesey birds wearing solar-powered trackers to ensure safe tidal energy deployment

This initiative, part of the marine characterization research project (MCRP), aims to ensure the safe deployment of tidal energy devices in the Morlais scheme.

about 2 years ago
Construction of Pilbara Hydrogen Hub gains ground
Business Developments & Projects

Construction of Pilbara Hydrogen Hub gains ground

Construction of the Pilbara Hydrogen Hub at Port Hedland in Western Australia (WA) is progressing with road and intersection upgrades.

about 2 years ago
Offshore gas installation surrounded by water
Business Developments & Projects

African country hit with $1.2 billion claim as Orca Energy embarks on legal fight over breach of gas contracts

Orca Energy intends, through its subsidiaries, to kick off arbitration proceedings against the country’s government and a state-owned company for alleged violations of several agreements related to a gas field in Tanzanian waters, if no agreement is reached within the timelines the firm has set to t

about 2 years ago
Bruce field - Serica Energy
Business Developments & Projects

UK oil & gas operator eyeing SeaTwirl floating wind tech to decarbonise offshore production

Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding (MoU) with UK-based oil and gas operator Serica Energy, under which the two companies will explore decarbonizing Serica Energy’s offshore assets. With the MoU, the two companies plan to work together on identif

about 2 years ago
Australian player looking to launch fully operational CCS project by early 2030s
Business Developments & Projects

Australian player looking to launch fully operational CCS project by early 2030s

Perth-headquartered InCapture has secured a permit for a carbon capture and storage (CCS) assessment project on the North West Shelf in Australia, aiming to launch a fully operational CCS project by the early 2030s. The greenhouse gas assessment (GHG) permit G-15-AP spans an area of over 6,500 km2 a

about 2 years ago
PEL 94 offshore Namibia; Source: Global Petroleum
Business Developments & Projects

Talks underway with potential partner to sign up for exploitation of oil prospect offshore Namibia

Global Petroleum has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for PEL 94 offshore Namibia.

about 2 years ago
TotalEnergies wraps up first B100 biofuel bunkering in Singapore
Business Developments & Projects

TotalEnergies wraps up first B100 biofuel bunkering in Singapore

TotalEnergies Marine Fuels has supplied its first B100 biofuel bunker in Singapore, expanding its low-carbon fuels offer.

about 2 years ago
XOCEAN launches new unmanned surface vehicle
Business Developments & Projects

USV fleet deployed at Dogger Bank D offshore wind farm site for geophysical survey

A multibeam echosounder (MBES) geophysical survey of the Dogger Bank D offshore wind site, using several uncrewed surface vessels (USVs), is scheduled to start on August 13. According to information in the project’s Notice to Mariners, XOCEAN will deploy multiple USVs to survey the wind turbine arra

about 2 years ago
MSC returns to Chinese shipyard with new order for 12 LNG-powered boxships
Business Developments & Projects

MSC returns to Chinese shipyard with new order for 12 LNG-powered boxships

MSC has awarded Zhoushan Changhong International Shipbuilding a fresh contract to construct twelve 19,000 TEU LNG dual-fuel containerships.

about 2 years ago
Dragon LNG
Business Developments & Projects

LNG-breathing Dragon flaps its wings in welcome as Shell’s new Dutch partner comes aboard UK gas project

VTTI has joined Shell in Dragon LNG, a major import terminal for the supply of liquefied natural gas (LNG) to the United Kingdom market.

about 2 years ago
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