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Discovery technology implementation in Tracerco
Business Developments & Projects

Tracerco secures million-dollar contract in Gulf of Mexico

Tracerco has secured a million-dollar contract in the Gulf of Mexico, under which the company will deploy its pipeline inspection technology, Discovery, across a number of oil and gas platforms in the region. This new technology will be utilized by three leading U.S. energy companies, all of whom op

about 2 years ago
Stolt Tankers
Business Developments & Projects

Stolt Tankers joins Science Based Targets initiative

Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.

about 2 years ago
Equinor’s H2M Eemshaven project to reform natural gas to hydrogen with CCS
Business Developments & Projects

Equinor’s H2M Eemshaven project to reform natural gas to hydrogen with CCS

Norwegian energy major Equinor and global industrial gases and engineering company Linde have signed a project development agreement to work as partners on the H2M Eemshaven low-carbon hydrogen project in the Netherlands. Equinor’s H2M Eemshaven project aims to build a production facility in the Eem

about 2 years ago
Polish firm becomes operator of only Barents Sea CO2 exploration license
Business Developments & Projects

Only Barents Sea CO2 exploration license gets new operator

The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a li

about 2 years ago
FLNG Gimi destined for BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business Developments & Projects

With ‘multi-million’ deal in the bag, Petrofac wins more work on BP’s giant gas project

BP has hired Petrofac on a long-term contract for operations at its Greater Tortue Ahmeyim (GTA) project off the coasts of Mauritania and Senegal.

about 2 years ago
Flex LNG eyes ‘more attractive’ deal for Flex Constellation as current charter comes to an end
Business Developments & Projects

Flex LNG eyes ‘more attractive’ deal for Flex Constellation as current charter comes to an end

LNG shipping company Flex LNG will take redelivery of the 2019-built Flex Constellation as the carrier’s current charterer, a trading house, has decided not to exercise its extension option. Flex Constellation was fixed on a three-year time charter on May 17, 2021, with an option to extend the perio

about 2 years ago
Green Fuels
Business Developments & Projects

Denmark launches Green Fuels Alliance India

Denmark has announced its Green Fuels Alliance India (GFAI) initiative in a bid to boost collaborative efforts between the two countries in the sustainable energy solutions sector and advance their joint global goal towards carbon neutrality.

about 2 years ago
Ciel & Terre starts construction of first floating solar power plant in France’s Isère
Business Developments & Projects

Ciel & Terre starts construction of first floating solar power plant in France’s Isère

Ciel & Terre (Ciel et Terre) has started building a new floating solar power plant in Saint-Savin, southeast of Lyon, France. The 11 MW project, developed in collaboration with Energ’Isère and GenSun, will transform a quarry lake into a renewable energy hub. Once completed, the project will take th

about 2 years ago
KN takes over commercial management of four German LNG terminals
Business Developments & Projects

KN takes over commercial management of four German LNG terminals

Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. Specifically, the company has signed a contract with German state-owned Deutsche Energy Terminal (DET), wh

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

First oil gushes out of ONGC’s deepwater development

India’s ONGC has achieved the first oil from a deepwater block off the coast of the Bay of Bengal, which is said to be the largest bay water region in the world.

about 2 years ago
AAL Shipping
Business Developments & Projects

Watch: AAL Shipping’s methanol-ready mega-size vessel floated out in China

The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched.

about 2 years ago
Innovative subsea tech to boost production capacity of Brazilian field
Business Developments & Projects

FID taken for innovative subsea tech to boost production capacity of Brazilian field

A final investment decision (FID) has been taken to develop an innovative natural gas and CO2 separation and reinjection facility for the Mero field offshore Brazil, developed by the Libra Consortium and operated by Petrobras. The pilot unit, using a pioneer high-pressure subsea separation technolog

about 2 years ago
Provaris appoints DNV for hydrogen carrier FEED review
Business Developments & Projects

Provaris appoints DNV for hydrogen carrier FEED review

Provaris Energy is advancing works on its proprietary H2Neo hydrogen carrier and hydrogen cargo containment system and has now engaged classification society DNV to issue a front-end engineering design (FEED) statement. Last summer, Provaris kicked off the program for the construction and testing of

about 2 years ago
FPSO Catcher; Source: BW Offshore
Business Developments & Projects

Wheels in motion to prolong BW Offshore FPSO’s North Sea gig

BW Offshore has confirmed the lay of the land for the extension of a contract for an FPSO vessel beyond the currently fixed term.

about 2 years ago
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