Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.
While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors along
Frydenbø Maritime Industries, a Norwegian company specializing in maritime and land-based industrial solutions, is set to acquire compatriot marine electric propulsion systems provider Elmarin. As informed, the transaction is anticipated to clear the path for the organization’s growth targets, one o
As the European Union prepares its next long-term budget, the Shipyards & Maritime Equipment Association of Europe (SEA Europe) has urged the European Commission to address the current funding fragmentation with regard to the maritime sector.
UK-headquartered CRP Subsea, part of AIS, has won a contract with Shell for the supply of crushable foam wrap (CFW) for a deepwater development located offshore Houston in the Gulf of Mexico/America. The initial order for the Whale development is for one well-set, with additional orders for four mor
Italy-headquartered Rosetti Marino has secured an engineering, procurement and construction (EPC) contract valued at over €300 million for a carbon capture and storage (CCS) project offshore the UK being developed by Italian energy major Eni. The contract for the Liverpool Bay CCS project covers the
Norwegian shipping company Solstad Offshore has secured multiple contracts with Brazilian oil & gas company Petrobras for two anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV). The new contracts for the AHTS vessels have a duration of four years each, whereof one in
Subsea Integration Alliance, a strategic alliance between SLB OneSubsea and Subsea7, has secured an engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger natural gas project offshore Trinidad and Tobago. Subsea7 will supply a diver-installed tie-in system, fle
Association Wind Ship, a French association created in 2019 to accelerate the adoption of wind propulsion in commercial shipping, has published its first guide to help shipowners navigate the complexities of financing wind-powered vessels.
Nexans has secured a contract with government-owned Interconnect Malta (ICM) to deliver the second Malta-Sicily interconnector, a new 225 MW high-voltage alternating current (HVAC) link that will reinforce Malta’s electricity system and ensure a stable and resilient energy supply. Under the contract
Hy2gen has completed a funding round of €47 million from existing shareholders to further accelerate the development of its hydrogen and derivatives projects.
Denmark-headquartered power cable manufacturer and installation company NKT has signed an agreement with Norway’s aluminium and renewable energy company Hydro for the supply of low-carbon aluminium wire rod through to 2033. The two firms have been partners for over 40 years. According to NKT, the ag
Australia’s energy giant Woodside has made a final investment decision (FID) to develop its liquefied natural gas (LNG) project in the U.S. State of Louisiana.
The consortium of Sumitomo Electric Industries and Siemens Energy has completed the trial operations and handover of the Greenlink interconnector linking the electricity grids of Ireland and Great Britain to its client, Greenlink Interconnector Limited, for operational and commercial use. The 500 MW
