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Illustration; Source: PTTEP
Business Developments & Projects

PTTEP scores hat-trick offshore Malaysia as three new oil & gas discoveries put cluster development on the table

PTTEP has hit a trifecta of oil and gas discoveries offshore Malaysia, which support a cluster development approach.

about 2 years ago
Avance Gas
Business Developments & Projects

Avance Gas sells ammonia-ready dual fuel VLGC newbuilds

Norwegian shipping company Avance Gas has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The company said that the two newbuildings would be sold for $240 million en bloc. The buyer of the vessels was not disclosed. The very large gas carriers (V

about 2 years ago
Shipbreaking
Business Developments & Projects

UAE bans ship beaching in new recycling regulation

The United Arab Emirates (UAE) is introducing a comprehensive ship recycling regulation aimed at curbing environmentally harmful practices and promoting responsible ship ownership. The UAE Ship Recycling Regulation (UAE SRR) explicitly prohibits beaching and landing activities, emphasizing the need

about 2 years ago
TDI-Brooks performs seismic program for Perenco off Trinidad
Business Developments & Projects

TDI-Brooks performs seismic program for Perenco off Trinidad

U.S.-headquartered research and service company TDI-Brooks has completed a 2D high-resolution seismic program off the East Coast of Trinidad for Perenco T&T Limited. The company’s research vessel PROTEUS operated geophysical survey equipment such as 2DHR seismic, side scan sonar, magnetometer, sub-b

about 2 years ago
VTTI and Höegh LNG propose to develop FSRU-based energy terminal in Vlissingen port
Business Developments & Projects

VTTI and Höegh LNG propose to develop FSRU-based energy terminal in Vlissingen port

Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the

about 2 years ago
GTT and CSSC team up to work on LNG shipping solutions
Business Developments & Projects

GTT and CSSC team up to work on LNG shipping solutions

French LNG containment specialist GTT has signed a strategic agreement with China State Shipbuilding Corporation (CSSC) to cooperate on LNG shipping solutions. Specifically, the agreement provides for cooperation between GTT and twelve subsidiaries of the CSSC conglomerate, notably in ship design an

about 2 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Business Developments & Projects

Longboat JAPEX offloads partial stakes in two North Sea exploration licenses

Longboat JAPEX Norge has sold partial interests in two exploration licenses on the Norwegian Continental Shelf (NCS) to Norway’s Concedo.

about 2 years ago
FSO Palanca; Source: Stapem Offshore
Business Developments & Projects

UK oil & gas firm gets its hands on much-anticipated stakes in two blocks offshore Angola

Afentra has tucked the acquisition of interests in two blocks offshore Angola under its belt after wrapping the transaction with Sonangol.

about 2 years ago
Port of San Diego
Business Developments & Projects

Port of San Diego boosts cruise ship shore power capabilities

The Port of San Diego is adding more shore power connectivity at its B Street cruise ship terminal to improve air quality and reduce greenhouse gas emissions on and around San Diego Bay.

about 2 years ago
Prysmian wins €100 million contract with Petrobras
Business Developments & Projects

Prysmian wins €100 million contract with Petrobras

Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related spec

about 2 years ago
ADNOC and MHI add new link to UAE-Japan low-carbon fuel value chain
Business Developments & Projects

ADNOC and MHI add new link to UAE-Japan low-carbon fuel value chain

UAE’s Abu Dhabi National Oil Company (ADNOC) and Japan’s Mitsubishi Heavy Industries (MHI) have agreed to explore potential opportunities for collaboration on the development of value chains for blue ammonia and blue hydrogen. The companies formalized their intention through an agreement signed on D

about 2 years ago
Stena DrillMAX drillship; Source: Stena Drilling
Business Developments & Projects

Stena rig becomes first drillship to don DNV’s notation for emission reduction

Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.

about 2 years ago
Masdar, Dutch firms advance hydrogen export plans to Amsterdam port
Business Developments & Projects

Masdar, Dutch firms advance hydrogen export plans to Amsterdam port

Abu Dhabi-based clean energy company Masdar and its Dutch partners Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a joint study agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam. Und

about 2 years ago
Ship
Business Developments & Projects

The Sea Cargo Charter to revamp reporting ambitions

The Sea Cargo Charter (SCC) plans to revise its reporting ambitions, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC80 in July 2023. The SCC said it was set to expand its cu

about 2 years ago
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