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Business Developments & Projects

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NFE welcomes Energos Celsius FSRU for work at Barcarena LNG terminal
Business Developments & Projects

NFE welcomes Energos Celsius FSRU for work at Barcarena LNG terminal

Singapore’s Seatrium has delivered the floating storage and regasification unit (FSRU) Energos Celsius to U.S. energy infrastructure company New Fortress Energy (NFE) for deployment at NFE’s completed LNG terminal in Barcarena, Brazil. This is Seatrium’s fourth FSRU project for Brazil, for which the

about 2 years ago
Reprocessed seismic data reveals 'promising chapter' for Black Sea gas field
Business Developments & Projects

Reprocessed seismic data reveals ‘promising chapter’ for Black Sea gas field

Canadian oil and gas player Trillion Energy has completed 3D seismic reprocessing for a natural gas field in the Black Sea off Türkiye which is said to have shown significant implications for exploration potential. 3D seismic reprocessing has been completed for the SASB gas field and Trillion Energy

about 2 years ago
OSG 204
Business Developments & Projects

OSG wins $400K DOE backing to study Tampa’s carbon hub development

U.S.-based tanker owner Overseas Shipholding Group (OSG) has obtained a $400,000 grant from the United States Department of Energy (DOE) to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the commercial feasibility of developing

about 2 years ago
Strohm Manager Reusing existing pipelines for offshore hydrogen is the best solution, but...
Business Developments & Projects

Strohm Manager: Reusing existing pipelines for offshore hydrogen is the best solution, but…

Reusing existing pipelines for offshore hydrogen is the best solution that can be used, however, this does come with certain challenges, according to Bart Steuten, Product Development Manager at Strohm, Dutch thermoplastic composite pipe (TCP) producer. During Strohm’s presentation at The Stage at t

about 2 years ago
Equinor exits Azerbaijan
Business Developments & Projects

Equinor exits Azerbaijan

Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the

about 2 years ago
Leask Marine drills a ‘first’ for tidal developer
Business Developments & Projects

Leask Marine drills a ‘first’ for tidal developer

Leask Marine has installed the first offshore grouted pile with its Raptor Submersible Drilling Rig (SDR) technology in the Faroe Islands, for a Swedish tidal developer. This marks the final commercialization phase of the Raptor SDR, from concept, design, manufacturing, and full testing program comp

about 2 years ago
Liquid Wind applies for environmental permit for third eFuel plant in Sweden
Business Developments & Projects

Liquid Wind applies for environmental permit for third eFuel plant in Sweden

Swedish electrofuel (eFuel) developer Liquid Wind has submitted an environmental permit application for the company’s third commercial-scale green electrofuel facility, FlagshipTHREE, at the Land and Environment Court in Umeå, Sweden. According to Liquid Wind, once operational, FlagshipTHREE, locate

about 2 years ago
LNG carrier
Business Developments & Projects

Capital Product Partners seals $3.1 billion acquisition of 11 LNG carriers amid strategic transformation

After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels. As reported by Offshore Ener

about 2 years ago
MAN ES compressors to replace another OEM's units at Equinor's platform
Business Developments & Projects

MAN ES compressors to replace another OEM’s units at Equinor’s platform

Norwegian state-owned energy giant Equinor has selected MAN Energy Solutions to deliver compressor bundles that will replace units from another original equipment manufacturer (OEM) at a platform offshore Norway. MAN Energy Solutions will deliver a total of three compressor bundles and an additional

about 2 years ago
SEFE and Equinor forge gas and hydrogen ties
Business Developments & Projects

SEFE and Equinor forge gas and hydrogen ties

German Securing Energy for Europe (SEFE) and Norway’s energy major Equinor have signed a long-term gas sales agreement, as well as a non-binding letter of intent (LoI) on large-scale hydrogen supplies. Under the gas sales agreement, Equinor will supply SEFE with 111 TWh (circa 10 bcm) of natural gas

about 2 years ago
With triple subsea win, DOF secures 'substantial backlog' in APAC region
Business Developments & Projects

With triple subsea win, DOF secures ‘substantial backlog’ in APAC region

DOF Group has secured multiple subsea service contracts for one of its construction support vessels (CSVs) in the Asia Pacific region. Skandi Hercules has won three subsea service contracts with Australian-based operators for offshore execution in 2024. The contracts will add approximately six month

about 2 years ago
Enauta buys two Petrobras Santos Basin fields and associated infrastructure
Business Developments & Projects

Enauta buys two Petrobras fields and associated infrastructure

Brazilian oil and gas player Enauta has signed a contract with compatriot oil and gas giant Petrobras for the acquisition of oil and gas fields in the Santos Basin off Brazil and natural gas pipeline infrastructure. The company is also set to acquire the FPSO operating in the fields. Enauta is acqui

about 2 years ago
methanol bunkering Singapore
Business Developments & Projects

Meeting IMO’s 2030 targets not out of grasp?

Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zer

about 2 years ago
Courtesy of Harbour Energy
Business Developments & Projects

Harbour Energy getting its hands on Wintershall Dea’s E&P portfolio, bar Russian one, for $11.2 billion

Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.

about 2 years ago
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