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Business Developments & Projects

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Mist rig; Source: Borr Drilling
Business Developments & Projects

Multiple drilling ops on Canadian oil & gas firm’s agenda for 2024

Valeura Energy has outlined its plans for 2024, which entail a drilling program across multiple offshore fields in the Gulf of Thailand to boost production.

about 2 years ago
N-Sea's fleet to welcome yet another vessel
Business Developments & Projects

N-Sea’s fleet to welcome yet another vessel

Another vessel is set to join N-Sea Group’s fleet as the company has chartered a 2016-built offshore support vessel for IRM, survey, UXO and cable operations. N-Sea has entered into an agreement with Rederij Groen to long-term charter the modern offshore support vessel Aquarius-G. With its length of

about 2 years ago
Técnicas Reunidas completes FEED work for Pembina and Marubeni’s hydrogen/ammonia plant
Business Developments & Projects

Técnicas Reunidas completes FEED work for Pembina and Marubeni’s hydrogen/ammonia plant

Spanish EPC contractor Técnicas Reunidas has completed the engineering design for the hydrogen and blue ammonia plant co-developed by Canada’s Pembina Pipeline Corporation and Japan’s Marubeni Corporation in Alberta, Canada. Under the contract awarded last year, Técnicas Reunidas carried out the pre

about 2 years ago
Snøhvit Future (illustration); Source: Equinor
Business Developments & Projects

LNS picks up multi-billion deal for project designed to reinforce Norway’s gas supplier position

Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project.

about 2 years ago
Höegh Autoliners bags long-term deal with East Asian auto giant ahead of Aurora-class fleet debut
Business Developments & Projects

Höegh Autoliners bags long-term deal with East Asian auto giant ahead of Aurora-class fleet debut

Oslo-based shipping company Höegh Autoliners ASA has revealed a new contract with a major East Asian car producer to transport cars, predominantly electric vehicles (EVs), from Asia to Europe. Valid until the conclusion of 2028, the agreement signifies a significant step for the company in the autom

about 2 years ago
IK Group makes 'giant leap' into Asian market with new contract
Business Developments & Projects

Norwegian subsea company makes ‘giant leap’ into Asian market with new contract

Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market. IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have s

about 2 years ago
COSCO hands over first FSRU to Cyprus
Business Developments & Projects

COSCO hands over first FSRU to Cyprus

Shanghai COSCO Shipping Heavy Industry, a subsidiary of COSCO Shipping Heavy Industry, has held a delivery ceremony for the floating storage and regasification unit (FSRU) Etyfa Prometheas, which will serve the first Cyprus LNG import terminal in Vasilikos. According to COSCO, the project is China’s

about 2 years ago
K Line
Business Developments & Projects

K Line unveils fleet expansion move with methanol-ready bulk carriers

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuil

about 2 years ago
Illustration: Source: Wood Mackenzie
Business Developments & Projects

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Clean Hydrogen Partnership issues €113.5M call for hydrogen projects
Business Developments & Projects

Clean Hydrogen Partnership issues €113.5M call for hydrogen projects

Clean Hydrogen Partnership has launched a new hydrogen research call for proposals where a total of €113.5 million will be made available through Horizon Europe for projects to cover R&I activities across the whole hydrogen value chain. Furthermore, an additional €60 million, coming from the RePower

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

New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects

FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.

about 2 years ago
Ilustration
Business Developments & Projects

Neste and partners conclude research project for accelerated commercial-scale production of synthetic e-fuels

Neste and partners have concluded a three-year e-fuel research project demonstrating high-temperature electrolysis (SOEC), carbon capture, and hydrocarbon synthesis technologies and covering all parties in the value chain from carbon capture to green hydrogen and fuel production, logistics, and user

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

Shell sanctions North Sea tie-back to TotalEnergies’ UK gas hub

Shell has taken a final investment decision (FID) to develop a gas field in the UK sector of the North Sea.

about 2 years ago
Danish Shipping
Business Developments & Projects

Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally

about 2 years ago
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