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Business Developments & Projects

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Illustration; Source: Panoro Energy
Business Developments & Projects

UK oil & gas firm takes steps to widen its footprint offshore Africa

Panoro Energy has ironed out the key terms and conditions with the government of Equatorial Guinea regarding the award of an offshore block.

about 2 years ago
Noble Resilient jack-up rig; Source: Noble Corporation
Business Developments & Projects

Norwegian firm picks up work on Noble rig

Norway-based Soiltech has won two contracts for drilling waste management on a jack-up rig owned by Noble Corporation.

about 2 years ago
Hakuryu-5 semi-sub rig; Source: JDC
Business Developments & Projects

More upgrade and conversion work for oil & gas infrastructure comes Seatrium’s way

Seatrium Limited has got a hold of a batch of new multi-billion dollar contracts for oil and gas vessel repairs, upgrades, and conversions.

about 2 years ago
nuclear
Business Developments & Projects

New association for maritime nuclear created

A global group of companies with a common interest in developing nuclear energy solutions for the maritime sector have launched Nuclear Energy Maritime Organization (NEMO).

about 2 years ago
Very large crude carrier
Business Developments & Projects

MOL to fund construction of dual-fuel VLCC through sustainable financing

Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a deal to raise funds through transition-linked loan (TLL) financing with Sumitomo Mitsui Trust Bank for the construction of a dual-fuel very large crude carrier (VLCC).

about 2 years ago
Northern Lights: First-of-their-kind liquid CO2 carriers launched in China
Business Developments & Projects

Northern Lights: First-of-their-kind liquid CO2 carriers launched in China

The first two LNG-powered, wind-assisted CO2 transportation ships for the Northern Lights project have been launched in China.

about 2 years ago
Baker Hughes backs European clean energy technology manufacturer
Business Developments & Projects

Baker Hughes backs European clean energy technology manufacturer

U.S. energy technology company Baker Hughes has made a strategic investment in European clean energy technology manufacturer Elcogen.

about 2 years ago
FPSO Errea Wittu concept; Source: ABB
Business Developments & Projects

MODEC opts to equip Guyana-bound FPSO with Norwegian firm’s compressor system

TMC Compressors has won a deal with MODEC to deliver a large-capacity marine compressed air system on board an FPSO destined for Guyana.

about 2 years ago
A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage pot
Business Developments & Projects

PGS, TGS, and SLB working to asses carbon storage potential in Malaysian basin

A consortium of Norwegian seismic companies PGS and TGS and American oilfield services company SLB has commenced a multi-client 3D seismic project to provide insights and assess the carbon storage potential across the Penyu Basin area in Malaysia.

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

‘First-of-its-kind’ Canadian LNG facility gets environmental clearance

British Columbia has approved a project envisioned to enable trans-oceanic vessels to refuel with LNG at the Port of Vancouver.

about 2 years ago
CMA CGM picks Damen to upgrade 10 vessels
Business Developments & Projects

CMA CGM picks Damen to upgrade 10 vessels

Dutch shipbuilding company Damen Shipyards Group and French shipping giant CMA CGM have entered into a cooperation that will result in around 10 of the latter’s vessels receiving significant modifications.

about 2 years ago
Ulstein CEO to take the helm at Vard
Business Developments & Projects

Ulstein CEO to take the helm at Vard

Norwegian ship designer and shipbuilder Vard, part of Fincantieri, has appointed the current chief executive officer (CEO) of compatriot shipbuilder and designer Ulstein Group as its new CEO. Cathrine Kristiseter Marti, who will take over as the new CEO of Vard starting June 1, 2024, comes from the

about 2 years ago
HMM to collaborate with SIPG on clean marine fuel supply
Business Developments & Projects

HMM to collaborate with SIPG on clean marine fuel supply

HMM and Shanghai International Port Group (SIPG) have inked an MoU to collaborate on clean marine fuel supply, specifically methanol and LNG.

about 2 years ago
Tyra II; Source: TotalEnergies
Business Developments & Projects

First gas supplies from TotalEnergies’ mega North Sea project reach Denmark

The first gas supplies exported by the Tyra hub have reached the onshore facilities in Nybro, Denmark, to be distributed to the consumers.

about 2 years ago
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