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UK's Grain LNG posts utilization records
Business Developments & Projects

Centrica concludes LNG supply deal with Repsol

UK’s Centrica Energy and Spain’s Repsol have signed an LNG supply deal that will see Centrica purchase 1 million tons of LNG shipments between 2025 and 2027. According to Centrica, all of the cargos are expected to be delivered to the Grain LNG import terminal, which is expected to soon have enough

about 2 years ago
UK’s Freeport East and Australia’s Rux Energy sign hydrogen pact
Business Developments & Projects

UK’s Freeport East and Australia’s Rux Energy sign hydrogen pact

Freeport East, one of twelve Freeports established in the UK, and Australian green hydrogen storage company Rux Energy have signed a collaboration agreement to achieve the safe storage, distribution, and supply of low-carbon hydrogen within the UK and exporting green hydrogen across the world. The a

about 2 years ago
Asso subsea cable laying vessel Ariadne
Business Developments & Projects

Sulmara and Asso.subsea shake hands for multi-year collaboration

Scottish subsea surveys and inspections provider Sulmara and Greek Asso.subsea have signed a master service agreement to collaborate on cable installation operations globally.As part of the multi-year collaboration, Sulmara will support Asso.subsea during cable installation operations and will provi

about 2 years ago
Carnival
Business Developments & Projects

Carnival inches close to its 2030 emission reduction targets

The world’s largest cruise company Carnival Corporation & plc is on track to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 compared to 2019. The achievement is just a few points shy of its 20% reduction goal originally targeted fo

about 2 years ago
Sweden closes investigation on Nord Stream pipeline incident
Business Developments & Projects

Sweden closes investigation on Nord Stream pipeline incident

Sweden has decided to close its investigation concerning the explosions on the Nord Stream 1 and 2 gas pipelines that occurred in September 2022. Germany, Sweden and Denmark each initiated respective national investigations into the incident after four gas leaks were found on the Nord Stream 1 and 2

about 2 years ago
New South Wales and Tokyo expand partnership to include hydrogen
Business Developments & Projects

New South Wales and Tokyo expand partnership to include hydrogen

The Australian state of New South Wales (NSW) and Japan’s capital Tokyo have signed two memoranda of understanding (MoU) that center on topics such as clean economy transition and hydrogen. According to the NSW Department of Planning and Environment, the first MoU marks a renewed commitment to progr

about 2 years ago
New industry-academia collab wants to reduce cost of green hydrogen production
Business Developments & Projects

New industry-academia collab wants to reduce cost of green hydrogen production

Spanish materials technology company Matteco has partnered with Siemens Energy and Horiba, as well as the Institute of Molecular Sciences (ICMol) of the University of Valencia, and the Helmholtz Institute Erlangen-Nuremberg for Renewable Energies (HI ERN) to develop a sustainable, efficient, and sca

about 2 years ago
$65 million US funding opportunity for hydropower and marine energy technologies
Business Developments & Projects

US DOE allocates $6 million for development of tidal energy demo pilot site

The U.S. Department of Energy (DOE) has selected two marine energy projects to receive $6 million for the development of a tidal energy research, development, and demonstration pilot site. A team led by Orcas Power and Light Cooperative (OPALCO), based in Eastsound, Washington, and a team led by ORP

about 2 years ago
UK-Belgian joint venture buys 25-year-old cable-layer
Business Developments & Projects

New UK-Belgian joint venture buys 25-year-old cable-layer

UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m

about 2 years ago
Second tranche of investment in for Nauticus Robotics to execute 2024 goals
Business Developments & Projects

Second tranche of investment in for Nauticus Robotics to execute 2024 goals

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing be

about 2 years ago
FPSO Akpo; Source: Sapetro
Business Developments & Projects

TotalEnergies puts into production another tie-back project off Nigeria

TotalEnergies has kicked off production from a field offshore Nigeria, which has been tied to an existing FPSO vessel.

about 2 years ago
Helix gets decommissioning extension at rates reflecting improved well intervention market
Business Developments & Projects

Helix gets decommissioning extension at rates reflecting improved well intervention market

Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir

about 2 years ago
CoolCo seals new 12-month LNG carrier charter deal
Business Developments & Projects

CoolCo seals new 12-month LNG carrier charter deal

Cool Company (CoolCo), an owner, operator, and manager of LNG carriers, has secured a new time charter agreement with Santos Shipping Singapore for one of its TFDE vessels that will undergo LNGe upgrades to reduce emissions. The 12-month charter agreement is scheduled to commence in the first quarte

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Dana Petroleum entering Shell’s North Sea license ahead of drilling ops

Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.

about 2 years ago
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