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Business Developments & Projects

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First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer
Business Developments & Projects

First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer

SABIC Agri-Nutrients, a petrochemical company from Saudi Arabia, in collaboration with energy company Aramco, has sent the first commercial shipment of low-carbon ammonia to Taiwan Fertilizer Company. On its social media, SABIC said the shipment reflects its commitment to delivering low-carbon solut

about 3 years ago
Trames Diez vessel installing pressure pipe off Canary Islands (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston makes progress on wave-powered desalination system in Canary Islands

Danish company Wavepiston has informed it is on a good track to deploy its first full-scale wave energy system for power generation and desalination off Canary Islands.

about 3 years ago
Scarabeo 8 rig; Source: Saipem
Business Developments & Projects

Confirmation of ‘significant’ oil discovery in North Sea comes with details galore

Aker BP recently revealed a new oil discovery in the North Sea off Norway, which was made using a Saipem-owned rig.

about 3 years ago
Guangzhou Shipbuilding International EPS
Business Developments & Projects

Eastern Pacific inks deal for up to 4 dual-fuel LR II tankers with GSI

Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a construction contract for 2+2 LNG dual-fuel LRII tankers with Chinese shipyard Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation, and CSSC Trading. The order for the 111,0

about 3 years ago
Fault found at first UK-Norway interconnector
Business Developments & Projects

Fault found at first UK-Norway interconnector

A fault has been found on the 1,400 MW North Sea Link (NSL) that connects the UK and Norway causing the interconnector to operate at half capacity. Norway’s Statnett reported yesterday, 8 June, that a fault caused the unavailability of the NSL interconnector in the afternoon and the project will be

about 3 years ago
Illustration; Source: EIA
Business Developments & Projects

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago
DNV approves GTT’s latest developments in alternative fuels
Business Developments & Projects

DNV approves GTT’s latest developments in alternative fuels

French LNG containment specialist GTT has received three Approvals in Principle (AiPs) from classification society DNV for its latest developments in alternative fuels, two of which were developed with the support of Finnish ship designer Deltamarin. The approvals were presented to representatives o

about 3 years ago
TGE Gas Engineering wins EPC contract for Shenzhen LNG project
Business Developments & Projects

TGE Gas Engineering wins EPC contract for Shenzhen LNG project

Natural gas distribution company Shenzhen Gas Corporation has awarded LNG storage contractor TGE Gas Engineering with an EPC contract for the Shenzhen LNG Storage and Peak Shaving II expansion project in China. TGE will perform this project in a consortium with CIMC Enric Engineering Technology (CET

about 3 years ago
KSOE’s low-carbon methanol supply system gets ABS’ nod
Business Developments & Projects

KSOE’s low-carbon methanol supply system gets ABS’ nod

South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (KSOE) has received approval in principle (AIP) from classification society ABS for methanol low-flashpoint fuel supply system (LFSS).

about 3 years ago
Viridis Bulk Carriers
Business Developments & Projects

Viridis Bulk Carriers gets DNV’s green light for ammonia-fuelled short sea bulker

Shipping startup Viridis Bulk Carriers has won Approval in Principle (AiP) for its ammonia-fuelled short sea bulk carrier design from the DNV classification society. The certificate was presented during the Nor-Shipping trade fair at the DNV stand. The Viridis Bulk Carriers design, developed by Kong

about 3 years ago
Jotun FPSO; Source: Vår Energi
Business Developments & Projects

Halliburton lands five-year deal for offshore drilling services

Haliburton has been picked by Vår Energi for a long-term strategic partnership, covering drilling services on the Norwegian Continental Shelf.

about 3 years ago
Illustration; Source: American Petroleum Institute (API)
Business Developments & Projects

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago
Fratelli Cosulich forms LNG bunkering partnership with Titan
Business Developments & Projects

Fratelli Cosulich forms LNG bunkering partnership with Titan

Italian maritime transportation group Fratelli Cosulich has started a collaboration with low and zero-emission fuels supplier Titan as it seeks to strengthen its position in the European LNG bunkering market. As part of this collaboration, on 6 June, Fratelli Cosulich signed a long-term time charter

about 3 years ago
LX International enters LNG terminal business
Business Developments & Projects

LX International enters LNG terminal business

South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilities in Dangjin, Chungcheongnam-do, and enter the LNG terminal business to lease and operate the facilities. To this end, LX International, P

about 3 years ago
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