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Business Developments & Projects

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Dogger Bank A substation topside
Business Developments & Projects

DEME awards Dogger Bank A cable termination & testing contract

Correll Group, Cable Installation & Power Services Division has been contracted by DEME Offshore to complete the inter-array cable termination and testing on wind turbines and the offshore substation platform on the first phase of the Dogger Bank offshore wind farm in the UK. The 3.6 GW Dogger Bank

about 3 years ago
NFE receives Mexico export permit for its Altamira Fast LNG project
Business Developments & Projects

NFE receives Mexico export permit for its Altamira Fast LNG project

US energy company New Fortress Energy (NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry of Energy (SENER). Under the permit, NFE said it is authorised to export up to 7.8 million metric tonnes through April, 2028, providing ample capacity to support the op

about 3 years ago
Port of Antwerp-Bruges sees its very first methanol bunkering
Business Developments & Projects

Port of Antwerp-Bruges sees its very first methanol bunkering

Belgium’s Port of Antwerp-Bruges has witnessed its very first methanol bunkering on its journey to becoming a multi-fuel port. This first methanol bunkering operation took place on 1 June when 475 mT of methanol was bunkered from barge Tamariva to Proman Stena Marine at Sea-invest’s terminal. Proman

about 3 years ago
NAGA 2 rig; Source: Velesto Energy
Business Developments & Projects

New drilling assignment for Velesto jack-up rig

Velesto has secured work with an estimated combined contract value of $10.9 million for one of its jack-up drilling rigs.

about 3 years ago
Congo and Technip Energies ink energy cooperation agreement
Business Developments & Projects

Congo and Technip Energies ink energy cooperation agreement

Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both

about 3 years ago
CorPower and WavEC deliver environmental monitoring program for HiWave-5
Business Developments & Projects

CorPower and WavEC deliver environmental monitoring program for HiWave-5

Swedish company CorPower Ocean is collaborating with Portugal-based WavEC Offshore Renewables to deliver an environmental monitoring program with the goal of verifying the environmental impact of its wave energy technology. Phase one which included underwater noise baseline campaigns has been conclu

about 3 years ago
Northern Lights
Business Developments & Projects

Northern Lights CCS project in full swing with all CO2 storage tanks installed

All twelve CO2 storage tanks for the Northern Lights carbon capture and storage (CCS) project, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, have been installed at the project’s CO2-receiving facilities in Øygarden, Norway. Northern Lights JV revealed the construction miles

about 3 years ago
Lauritzen
Business Developments & Projects

BW Epic Kosan nabs 1st sustainability-linked loan

Singapore-based ship owner and operator BW Epic Kosan has secured its first sustainability-linked loan, valued at up to $140 million. The company plans to use the loan to refinance 19 vessels, while an additional acquisition line of $20 million will support potential growth opportunities. The loan i

about 3 years ago
Ship set to sail on world’s first zero-emissions cruise voyage delivered
Business Developments & Projects

Ship set to sail on world’s first zero-emissions cruise voyage delivered

French shipbuilder Chantiers de l’Atlantique has delivered MSC Euribia, MSC Cruises’ second cruise ship to run on liquefied natural gas (LNG).

about 3 years ago
Capacity of UK-France interconnector reduced by 150 MW
Business Developments & Projects

Capacity of planned UK-France interconnector reduced to 1,250 MW

Developers of the FAB interconnector that will link Great Britain and France are planning to submit an updated planning application regarding the project’s converter station in the UK. FAB Link Limited and Réseau de Transport d’Électricité (RTE) have amended the design of the project from a capacity

about 3 years ago
FPSO FPF – 003; Source: Petrofac
Business Developments & Projects

More time for Petrofac on FPSO working in Gulf of Thailand

Petrofac has been awarded a long-term extension for the provision of operations and maintenance services on an FPSO working off Thailand.

about 3 years ago
Denmark and Germany sign Bornholm Energy Island agreement, first legally binding cooperation on joint offshore renewable energy project in EU
Business Developments & Projects

Denmark and Germany sign Bornholm Energy Island agreement, first legally binding cooperation on joint offshore renewable energy project in EU

German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard, have signed an agreement for the Bornholm Energy Island in the Baltic Sea. This is the first legally binding cooperation agreement in Europe on a joint

about 3 years ago
Schematic diagram of possible CCS systems showing the sources for which CCS might be relevant, transport of CO2 and storage options; Courtesy of CO2CRC
Business Developments & Projects

Carbon capture and storage projects and U.S. debt ceiling deal come under fire

Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.

about 3 years ago
Enagás joins Hanseatic Energy Hub as industrial partner and co-shareholder
Business Developments & Projects

Enagás joins Hanseatic Energy Hub as industrial partner and co-shareholder

Hanseatic Energy Hub (HEH) has selected Enagás, the Spanish transmission system operator (TSO), as its industrial partner for the operation of the liquefied gases terminal in Stade, Germany. Enagás joined the HEH as an industrial partner and co-shareholder with a 10% stake, subject to compliance wit

about 3 years ago
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