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Business Developments & Projects

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Fluxys to take charge of hydrogen network in Belgium
Business Developments & Projects

Fluxys to take charge of hydrogen network in Belgium

Federal Energy Minister Tinne Van der Straeten has appointed Fluxys as operator for the development and management of a hydrogen transmission grid in Belgium.

about 2 years ago
MOL
Business Developments & Projects

MOL obtains another transition-linked loan

Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to raise funds through a syndicated transition-linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness.

about 2 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business Developments & Projects

Equinor all set to kick off drilling ops with Transocean rig

Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.

about 2 years ago
Significant offshore wind growth brings Fugro strong start of the year
Business Developments & Projects

Significant offshore wind growth brings Fugro strong start of the year

In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9%

about 2 years ago
New Japanese alliance looking into ammonia supply chain in Hokkaido
Business Developments & Projects

New Japanese alliance looking into ammonia supply chain in Hokkaido

Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.

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

‘Major’ oil player books jack-up rig for drilling gig offshore Qatar

ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.

about 2 years ago
Johan Sverdrup; Credit: Arne Reidar Mortensen/Equinor
Business Developments & Projects

Oil & gas production on the rise but Equinor’s profit plummets as energy prices go down

Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.

about 2 years ago
Provence Grand Large Asso.subsea
Business Developments & Projects

Greek firm completes cable installation for French floating wind pilot project

Greece-based Asso.subsea has completed the cable installation, burial, and protection operations for the Provence Grand Large floating offshore wind project in France. The Provence Grand Large floating offshore wind project is located 17 kilometers off the coast in the Mediterranean Sea, on a 100-me

about 2 years ago
MPCC opts for sustainable financing for two methanol dual-fuel ships
Business Developments & Projects

MPCC opts for sustainable financing for two methanol dual-fuel ships

Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.

about 2 years ago
Fugro's fleet expands with geotechnical vessel
Business Developments & Projects

Fugro secures more work on 3 GW Dogger Bank South

RWE and Abu Dhabi-based Masdar have appointed Dutch geo-data specialist company, Fugro, to carry out geotechnical seabed surveys at the Dogger Bank South (DBS) offshore wind project sites in the UK. Located over 100 kilometers off the northeastern coast of England, the DBS offshore wind farm will be

about 2 years ago
CMA CGM
Business Developments & Projects

CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector

France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry.

about 2 years ago
EU flag; Courtesy of the European Commission; Credit: Mauro Bottaro
Business Developments & Projects

EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.

about 2 years ago
Mitsubishi Heavy Industries starts SOEC testing at Takasago Hydrogen Park
Business Developments & Projects

Mitsubishi Heavy Industries starts SOEC testing at Takasago Hydrogen Park

Mitsubishi Heavy Industries (MHI) has commenced the operation of a test module of the solid oxide electrolysis cell (SOEC) at Takasago Hydrogen Park.

about 2 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business Developments & Projects

Norwegian player finds work on third Odfjell Drilling rig

Soiltech has secured another contract with Odfjell Drilling for the provision of its services to the UK player’s third semi-submersible rig.

about 2 years ago
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