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MOL names and splashes Japan’s first methanol-fueled coastal tanker
Business Developments & Projects

MOL names and splashes Japan’s first methanol-fueled coastal tanker

MOL Coastal Shipping, a group company of Japanese shipping major Mitsui O.S.K. Lines (MOL), has launched and named Japan’s first methanol-fueled coastal tanker.

about 2 years ago
FLNG Hilli Episeyo; Source: Golar LNG
Business Developments & Projects

20-year FLNG gig in South America opening doors to LNG exporters’ club for Argentina

Golar LNG has sealed a deal with Pan American Energy for a multi-year use of an FLNG, which will leverage Argentina’s prolific natural gas resources, positioning the South American country for further LNG expansion.

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

Ocean Yield’s foray into LNG to add $840 million to its backlog

Ocean Yield has revealed its intention to buy an interest in France’s Geogas LNG from infrastructure fund CVC DIF, which marks its first acquisition in the liquefied natural gas (LNG) segment.

about 2 years ago
New project in Norway to back maritime’s green transition
Business Developments & Projects

New project in Norway to back maritime’s green transition

Norwegian Maritime CleanTech has launched a new initiative to support the green transition in the maritime sector.

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

LNG project forging ahead as Canada gives its blessing

Canada has greenlighted a project aiming to build a dock to supply trans-oceanic vessels with LNG at the Port of Vancouver.

about 2 years ago
Elogen gets KGS’s certification for stacks used in its electrolyzers
Business Developments & Projects

Elogen gets KGS’s certification for stacks used in its electrolyzers

Elogen has received a certification from the Korean Gas Safety (KGS) for its stacks, the key components of its electrolyzers for hydrogen production.

about 2 years ago
Terntank adds fifth tanker to wind/methanol-ready fleet
Business Developments & Projects

Terntank adds fifth tanker to wind/methanol-ready fleet

Terntank exercised the option to order the fifth next-generation oil and chemical tanker with wind-assisted propulsion and dual-fuel engine.

about 2 years ago
First step taken toward development of cable factory in Maryland
Business Developments & Projects

First step taken toward development of cable factory in Maryland

Belgian Cenergy Holdings has passed the first milestone for the development of a cable manufacturing facility in Maryland, the U.S., by reaching a final investment decision (FID). The company announced in April that its U.S. subsidiary Hellenic Cables Americas is planning to build a new cable manufa

about 2 years ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Business Developments & Projects

TotalEnergies books Shelf Drilling rig for work up to August 2026

TotalEnergies, has handed out a long-term deal to a jack-up rig owned by Shelf Drilling, an offshore drilling contractor.

about 2 years ago
Photo showing Sofar Ocean wave buoy at King George Sound, Albany (Courtesy of Wave Energy Research Centre)
Business Developments & Projects

Australian wave energy prototype gears up for deployment after performance data review

The project aims to convert wave energy into electricity to provide a constant electrical supply to a coastal microgrid for local customers, said Weld Australia, who visited the M4 prototype in early June 2024.

about 2 years ago
Mystery European shipowner places $237 million order for ammonia carriers at HD KSOE
Business Developments & Projects

Mystery European shipowner places $237 million order for ammonia carriers at HD KSOE

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has booked a new order for the construction of two very large ammonia carriers (VLACs).

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

South China Sea oil & gas discovery results confirm rich hydrocarbon promise

Sinopec’s subsidiary has evaluated its discovery offshore China, resulting in what it says is the highest daily oil & gas output in that area.

about 2 years ago
ADNOC pens $3 billion green financing deal with JBIC
Business Developments & Projects

ADNOC pens $3 billion green financing deal with JBIC

ADNOC has signed a general agreement with JBIC for a $3 billion green financing facility, which will support the company’s decarbonization and energy transition initiatives.

about 2 years ago
Argos semi-submersible offshore platform at the Mad Dog field in the U.S. Gulf of Mexico; Source: BP
Business Developments & Projects

Keeping an eye on Hurricane Beryl: Shell, BP, and Chevron take steps to protect Gulf of Mexico staff and assets

Shell, BP, and Chevron, have taken certain precautionary measures to ensure the safety of their offshore personnel in the Gulf of Mexico.

about 2 years ago
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