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Business & Finance

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Business Developments & ProjectsCollaborationOutlook & StrategyTechnologyTransitionVisionAuthorities & GovernmentExploration & ProductionGreen MarineInfrastructurePorts & LogisticsProject & TendersRegulation & PolicyResearch & DevelopmentVesselsCarbon Capture Usage & StorageEnvironmentMarket OutlooksInnovationEquipmentRules & Regulation
Mitsui invests in US e-fuels provider Infinium
Business & Finance

Mitsui invests in US e-fuels provider Infinium

Japanese major Mitsui & Co. has invested in Infinium Holdings, a U.S.-based provider of gas conversion solutions and developer of e-fuels technology and projects.

about 1 year ago
New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions
Business & Finance

New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions

PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.

about 1 year ago
Cross-border CO2 storage customer booked for Denmark's Project Greensand
Business & Finance

Cross-border CO2 storage customer booked for Denmark’s Project Greensand

INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up

about 1 year ago
Nexans to start repairing damaged Finland-Estonia subsea link next month
Business & Finance

Nexans to start repairing damaged Finland-Estonia subsea link next month

Nexans has been tasked to carry out subsea cable repair on the electricity transmission link between Finland and Estonia that was damaged at the end of December 2024, with the activities set to begin in May and the link expected to start operating again in July. To remind, Finnish transmission syste

about 1 year ago
Design concept for grid scale Porpoise Power tidal energy unit.
Business & Finance

UK firm raises almost $1.6M to scale dolphin-inspired tidal energy tech (Video)

Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins

about 1 year ago
FPSO One Guyana; Source: SBM Offshore via LinkedIn
Business & Finance

SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery)

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.

about 1 year ago
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Business & Finance

Woodside and Uniper in talks over LNG supply

Woodside Energy is engaged in discussions with Germany’s Uniper regarding potential liquefied natural gas (LNG) supply deal.

about 1 year ago
Calcasieu Pass LNG facility; Source: Venture Global LNG
Business & Finance

America’s Calcasieu Pass LNG gets into the swing of commercial ops

Venture Global has celebrated the start of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States. Portugal’s oil and gas company Galp has confirmed its first LNG cargo from this project.

about 1 year ago
Thailand's Mermaid Subsea Services orders four newbuild WROVs from Norway
Business & Finance

Thailand’s Mermaid Subsea Services orders four newbuild WROVs from Norway

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has purchased four work-class remotely operated vehicles (WROVs) from Norway’s Argus Remote Systems. The company’s wholly owned subsidiary Mermaid Subsea Services (Thailand) (MSST) on Decembe

about 1 year ago
Arabia I jack-up rig comes to PGA-5, where work will be carried out in Sergipe; Source: Petrobras
Business & Finance

Borr Drilling’s rig turns up in Brazil for oil & gas decom work with Petrobras (Gallery)

Petrobras has disclosed the arrival of a jack-up rig, owned by Borr Drilling, a UK-headquartered offshore drilling contractor, in Brazilian waters, where it will undertake well decommissioning activities at oil and gas assets off the coast of Brazil.

about 1 year ago
Journey from oil & gas to other markets: Malaysian firm buys cable laying barge
Business & Finance

Journey from oil & gas to other markets: Malaysian firm buys cable laying barge

Keyfield International, a Malaysian provider of offshore accommodation vessels to the oil & gas industry, is making its way into the cable laying business with the acquisition of a 98-meter-long cable laying barge. Keyfield Ventures (Labuan) Limited (KVL), a newly incorporated 100%-owned subsidiary

about 1 year ago
Illustration; Source: Karoon Energy
Business & Finance

Hunt for partners coming soon as Brazilian oil project’s cost estimates reach up to $1.2B

Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the front-end engineering design (

about 1 year ago
Fugro logo
Business & Finance

Fugro realigns Americas ops amid offshore wind slowdown and market uncertainty

Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e

about 1 year ago
Aramco keeps its energy and maritime bonds with UAE player going with new extension
Business & Finance

Aramco keeps its energy and maritime bonds with UAE player going with new extension

UAE-based offshore fabrication contractor Lamprell has got a hold of an extension of its multi-year deal with Aramco, Saudi Arabia’s energy heavyweight.

about 1 year ago
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