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Corsica Linea taps Wärtsilä for optimal performance of new LNG-fueled ferry
Business Developments & Projects

Corsica Linea taps Wärtsilä for optimal performance of new LNG-fueled ferry

French ferry operator Corsica Linea has awarded a ten-year Guaranteed Asset Performance (GAP) agreement to technology group Wärtsilä to ensure optimal performance of power systems onboard its new LNG-fueled RoPax vessel. The 206-metre-long ship named A Galeotta was built at the Visentini yard in Ita

about 3 years ago
Ubuntu Empathy
Business Developments & Projects

Study: Ammonia-powered ships set to ply West Australia-East Asia iron ore trade by 2028

Ships powered by clean ammonia could be deployed on the iron ore trade routes between West Australia and East Asia by 2028 and reach 5% adoption by 2030. These are the findings of a study from the West Australia – East Asia Iron Ore Green Corridor Consortium. The consortium, led by the Global Mariti

about 3 years ago
Brazilian FPSO restarts following extended maintenance
Business Developments & Projects

Brazilian FPSO restarts following extended maintenance

Australia’s oil and gas company Karoon Energy has restarted production from assets connected to a floating, production, storage, and offloading (FPSO) vessel offshore Brazil, following maintenance work. Karoon shut-in Baúna production, including from the Patola field, on 28 March due to a loss of co

about 3 years ago
Shelf Drilling Victory, formerly known as Deep Driller 7; Source: Aban Offshore
Business Developments & Projects

Shelf Drilling CEO: Rising rig demand in Asia to propel day rates to new heights

Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue.

about 3 years ago
Euronav
Business Developments & Projects

Euronav CEO Hugo De Stoop steps down

In a surprising turn of events, the Supervisory Board of Belgian tanker major Euronav NV has announced the departure of CEO Hugo De Stoop with immediate effect, citing mutual agreement. The company said in a press release that the majority of the Supervisory Board supported the decision. The move co

about 3 years ago
Cheniere and KOSPO enter long-term LNG sale and purchase agreement
Business Developments & Projects

Cheniere and KOSPO enter long-term LNG sale and purchase agreement

Cheniere Marketing International, a subsidiary of LNG producer and exporter Cheniere Energy, has signed a long-term LNG sale and purchase agreement (SPA) with the energy company Korea Southern Power (KOSPO). Under the SPA, KOSPO agreed to purchase approximately 0.4 million tonnes per annum (MTPA) of

about 3 years ago
CDWE Hai Long
Business Developments & Projects

Marlinks secures first cable monitoring gig offshore Taiwan

Belgium-based Marlinks has secured its first major contract in Taiwan for the cable health monitoring services of the export and inter-array cables of the 1,044 MW Hai Long offshore wind farm. The contract awarded covers the design, supply, installation, commissioning of monitoring hardware, and ong

about 3 years ago
Worker entangled while moving toward the Step Back Area; Source: BSEE
Business Developments & Projects

Four near misses with high injury potential hammer home the need to curb such offshore incidents

BSEE has examined the circumstances surrounding four recent high-potential, near-miss tagline entanglements during offshore operations.

about 3 years ago
QatarEnergy hands out $10 bln EPC contract for NFS project
Business Developments & Projects

QatarEnergy hands out $10 bln EPC contract for NFS project

Qatar’s state-owned oil and gas company QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the North Field South (NFS) project to a joint venture of Technip Energies and Consolidated Contractors Company (CCC). As disclosed, the EPC contract is worth around $10 b

about 3 years ago
LNG Canada
Business Developments & Projects

LNG Canada working on berth facility for HaiSea Marine’s eco-friendly tugboats

The LNG Canada project in the port of Kitimat, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, is advancing works at its tug berth facility which will support HaiSea Marine’s new fleet of electric battery-powered and low-emissions tugboats. According

about 3 years ago
QatarEnergy delivers 1st SGE-certified LNG cargo in Singapore
Business Developments & Projects

QatarEnergy delivers 1st SGE-certified LNG cargo in Singapore

Qatar’s state-owned giant QatarEnergy has delivered the first liquefied natural gas (LNG) cargo paired with a Statement of Greenhouse Gas Emissions (SGE) to Singapore-based energy solutions provider Pavilion Energy.

about 3 years ago
Survey activities ramping up on Caledonia offshore wind farm site
Business Developments & Projects

Survey activities ramping up on Caledonia offshore wind farm site

Survey activities are ramping up at Ocean Winds’ Caledonia offshore wind farm site with a pair of floating LiDAR devices soon to be deployed in the Scottish waters. The wind farm’s developer, Ocean Winds, said it is laying the groundwork for its comprehensive Environmental Impact Assessment (EIA), a

about 3 years ago
Scaled OTEC structure design (Screenshot/Video by Global OTEC)
Business Developments & Projects

Global OTEC starts testing scaled designs for PLOTEC project

UK company Global OTEC has started testing the scaled design of an ocean thermal energy conversion (OTEC) platform as part of the EU-funded PLOTEC project.

about 3 years ago
Unity platform; Source: INEOS
Business Developments & Projects

UK windfall tax hike stokes fears of a collapse in North Sea oil & gas investments

A lot of the money that was scheduled to go into the North Sea is being switched to the U.S. where oil and gas investments are booming.

about 3 years ago
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