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Business Developments & Projects

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Maersk: World’s 1st containership operating on green methanol delivered
Business Developments & Projects

Maersk: World’s 1st containership operating on green methanol delivered

Danish shipping giant A.P. Moller Maersk has revealed that the world’s first containership operating on green methanol has been delivered.

about 3 years ago
Shipping’s EU ETS bill could reach over €8 billion in 2026, Hecla warns
Business Developments & Projects

Shipping’s EU ETS bill could reach over €8 billion in 2026, Hecla warns

Hecla Emissions Management, a company founded by Wilhelmsen Ship Management (WSM) and Affinity Shipping, has revealed its data that the maritime sector could be liable for €8.4 billion in 2026, taking into account the total ETS-applicable emissions.

about 3 years ago
The upgraded 'Turbine 2' for MeyGen project (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen welcomes upgraded tidal energy turbine

SIMEC Atlantis Energy has redeployed a tidal energy turbine for MeyGen project, which underwent significant upgrades to improve performance and reliability.

about 3 years ago
MOPU Ingenium; Source: Valeura Energy
Business Developments & Projects

After incident, oil field off Thailand goes into offline mode

Valeura Energy has temporarily halted production from an oil field project in the Gulf of Thailand until a full review has been carried out.

about 3 years ago
Belships
Business Developments & Projects

V.Group takes over Belships’ fleet and ship management business

Global ship management and marine solutions provider V.Group has announced that it will acquire Belships’ fleet and ship management business Belships Management (Singapore).

about 3 years ago
Piombino regasification facility receives first commercial LNG cargo from Eni
Business Developments & Projects

Piombino regasification facility receives first commercial LNG cargo from Eni

Italy’s oil and gas company Eni has delivered an LNG cargo of 90 million cubic meters to the Snam (Italy’s energy company) regasification terminal in Piombino, Italy. Eni said the unloading operations took place following the completion of the test phase and mark the beginning of the terminal’s comm

about 3 years ago
FPSO Sendje Berge; Source: BW Offshore
Business Developments & Projects

Another FPSO leaves BW Offshore’s fleet

BW Offshore has completed the sale of another floating, production, storage, and offloading (FPSO) vessel to an undisclosed buyer.

about 3 years ago
LNG carrier
Business Developments & Projects

Celsius orders LNG carrier quartet at CMHI

Danish shipping company Celsius Tankers has placed an order for four liquified natural gas (LNG) carriers at China Merchants Heavy Industries (CMHI).

about 3 years ago
Israel plans submarine power cable to Europe, Egypt, Gulf countries
Business Developments & Projects

Israel plans submarine power cable to Europe, Egypt, Gulf countries

Israel’s Energy and Infrastructure Ministry is planning to construct a 150-kilometer submarine cable along the country’s Mediterranean coast that will connect to Europe with the possibility to connect to Gulf countries. Israeli State Council for Planning and Construction announced on 4 July it will

about 3 years ago
TotalEnergies
Business Developments & Projects

TotalEnergies and Sonatrach strengthen natural gas & LNG ties and add renewables to the mix

TotalEnergies and Algeria’s Sonatrach have inked a series of new deals to bolster their cooperation in more than one energy-related area.

about 3 years ago
HydroQuest's 1MW tidal energy turbine for Paimpol-Bréhat site (Courtesy of Ocean Energy Europe)
Business Developments & Projects

France boosts tidal energy sector with €65M for FloWatt project

The government of France has committed to provide at least €65 million of funding and dedicated revenue support for the pioneering tidal energy farm FloWatt, in an effort to support the commercialization of tidal energy industry.

about 3 years ago
Vietnam’s Thi Vai terminal welcomes first LNG shipment
Business Developments & Projects

Vietnam’s Thi Vai terminal welcomes first LNG shipment

The Maran Gas Achilles vessel, carrying the first LNG shipment to Vietnam, has entered the Thi Vai LNG terminal, marking the first, and according to the Vietnam Gas Corporation (PV Gas), the most important event in the green energy transformation roadmap of the company. With a volume of nearly 70,00

about 3 years ago
Maersk’s Svitzer to fuel five tugs with low-carbon HVO
Business Developments & Projects

Maersk’s Svitzer to fuel five tugs with low-carbon HVO

Towage provider and part of A.P. Moller-Maersk Svitzer has announced an EcoTow agreement to fuel a fleet of five tugs dedicated to the South Hook LNG Terminal in Milford Haven, with hydrogenated vegetable oil (HVO).

about 3 years ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan; Source: SOCAR
Business Developments & Projects

First gas flows from TotalEnergies and SOCAR’s Caspian Sea field

TotalEnergies and its partner, SOCAR, have brought on stream a gas and condensate field in the Caspian Sea offshore Azerbaijan.

about 3 years ago
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