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Business Developments & Projects

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P-75 operates in the Búzios field, in the pre-salt of the Santos Basin; Source: Petrobras
Business Developments & Projects

Petrobras sets its cap on pursuing further decarbonisation pieces in energy transition puzzle

Brazilian state-owned oil and gas giant Petrobras has notched new emissions reduction milestones, thanks to two of its giant fields in the pre-salt of the Santos Basin recording emissions below the world average last year.

about 2 years ago
Finnsirius
Business Developments & Projects

Finnlines names 1st of two Superstar vessels

The new ro-pax vessel Finnsirius, part of Finnlines EUR 500-million Green Investment Programme, was named at a festive ceremony in Naantali on 13 September 2023. Following the tradition at maritime namings, ship’s godmother Tiina Ahola, representing the Ahola Group, broke a bottle of champagne again

about 2 years ago
First UK-German energy link on track with construction ramping up
Business Developments & Projects

First UK-Germany energy link stays on track with construction ramping up

Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of

about 2 years ago
KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1
Business Developments & Projects

KKR acquires 42% non-controlling interest in Sempra’s PALNG Phase 1

Sempra Infrastructure, a subsidiary of U.S. major Sempra, has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG (PALNG) Phase 1 project to investment management company KKR. The transaction results in Sempra Infrastructure retaining a controlling 28% indirect inte

about 2 years ago
Seven wave energy companies are receiving expert guidance from NREL’s water power researchers (Courtesy of NREL/Photo by Joe DelNero)
Business Developments & Projects

NREL researchers help developers prepare for harsh wave energy conditions of the Pacific

Researchers at the National Renewable Energy Laboratory (NREL) have started working with four promising wave energy companies as they prepare to deploy their devices at PacWave South, a new grid-connected wave energy test site off the Oregon coast.

about 2 years ago
All Changfang & Xidao inter-array cables in place
Business Developments & Projects

All Changfang & Xidao inter-array cables in place

All inter-array cables have been laid at the 589 MW Changfang and Xidao offshore wind farms in Taiwan, according to Dennis Sanou, CEO of Changfang Xidao Offshore Wind Farms at Copenhagen Offshore Partners. The installation of approximately 73 kilometres of 66kV inter-array cables that are used to co

about 2 years ago
FPSO Sepetiba; Source: Petrobras
Business Developments & Projects

New FPSO comes to work on Brazil’s third largest oil field

Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

about 2 years ago
DSIC and Jiangsu team up for LNGC cargo containment system project
Business Developments & Projects

DSIC and Jiangsu team up for LNGC cargo containment system project

China’s Dalian Shipbuilding Industry Company (DSIC) and Jiangsu Yak have signed a contract for the cargo containment system construction project of ten 175,000 cubic meter LNG carriers (LNGCs). According to DSIC, the two parties will work together in construction, production management, safety manag

about 2 years ago
German partners shake hands for offshore wind surveys
Business Developments & Projects

German partners shake hands for autonomous offshore wind surveys

German offshore wind services provider WINDEA Offshore and marine data acquisition company Subsea Europe Services have entered a strategic sales partnership to provide autonomous surveying for the offshore wind industry. The two companies plan to deliver hydrographic survey and underwater inspection

about 2 years ago
Illustration/Offshore energy crew preparing to install MeyGen tidal energy turbine off Scotland (Courtesy of SIMEC Atlantis)
Business Developments & Projects

UK: Offshore energy jobs could double by 2030 if successful transition from fossils to renewables is achieved

A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.

about 2 years ago
TotalEnergies launches call for tenders for green hydrogen supply
Business Developments & Projects

TotalEnergies launches call for tenders for green hydrogen supply

As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per

about 2 years ago
Illustration; Source: Qatargas, now QatarEnergy LNG
Business Developments & Projects

Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

about 2 years ago
Maersk
Business Developments & Projects

Laura Maersk is born: Ursula von der Leyen christens world’s 1st green containership

The world’s first containership powered by green methanol has officially been named in the picturesque city of Copenhagen, Denmark by the President of the European Commission Ursula von der Leyen. “I name you Laura Maersk! As you sail the waters of the world, may your journeys be smooth and your tas

about 2 years ago
ETAP facility in the North Sea; Source: BP
Business Developments & Projects

BP cheers stamp of approval for oil & gas project in North Sea

BP has received the green light from Britain’s government to proceed with its proposed development of an oil and gas field in the UK sector of the North Sea.

about 2 years ago
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