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Business & Finance

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New region unlocked for US subsea specialist
Business & Finance

New region unlocked for US subsea specialist

Houston-based subsea energy equipment and services specialist Koil Energy Solutions, formerly known as Deep Down, has secured a contract deemed as significant that will take the company to a new region. Koil Energy Solutions is set to deliver bend stiffener latchers (BSL), a solution designed to sec

about 2 years ago
Golden Pass LNG
Business & Finance

No Golden Pass for $10 billion US LNG project: Start-up bumped to late 2025 as long-term construction plan talks go on

Discussions are underway for a long-term construction completion plan to ensure all activities will resume at full scale to bring the Golden Pass LNG project to life without further hiccups.

about 2 years ago
GasChem Atlantic gas tanker
Business & Finance

With natural gas cooling equipment drawing near, Canada LNG export terminal on track for first cargo in mid-2025

LNG Canada, a joint venture between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is awaiting the arrival of refrigerants in the form of liquified petroleum gas that will be used for cooling the natural gas delivered to its future liquefied natural gas (LNG) export facility in Kitimat, Canada’

about 2 years ago
Navigator
Business & Finance

Navigator Gas commits $2.5M to Ten08 clean ammonia project

Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest fleet of Handysize liquefied gas carriers’, has unveiled a co-investment in the clean ammonia developer Ten08 Energy.

about 2 years ago
Atalanti cable-laying vessel; Source: COSCO SHIPPING Heavy Transport
Business & Finance

Cable-laying vessel comes to play its part in empowering New York’s $6 billion renewable power HVDC link

Asso.subsea’s cable laying vessel has arrived in New York for its subsea HVDC cable assignment at the Big Apple’s $6 billion clean energy transmission project to link the Canadian border and the City that Never Sleeps.

about 2 years ago
FSRU Excelsior; Source: Deutsche Energy Terminal
Business & Finance

US player signs up for LNG terminal project in Vietnam

Excelerate Energy has inked a term sheet with ITECO Joint Stock Company, a Vietnamese private development company, to co-develop a greenfield LNG import terminal in Haiphong, Vietnam.

about 2 years ago
Norway-based ocean insights provider Miros Group has supported the laying of a 109-kilometer pipeline for the Northern Lights CO2 transport and storage (CCS) project on the Norwegian Continental Shelf
Business & Finance

Norwegian firm’s cloud-enabled tech bolsters pipelay ops for Northern Lights CCS project with real-time data

Norway-based ocean insights provider Miros Group has supported the laying of a 109-kilometer pipeline for the Northern Lights CO2 transport and storage (CCS) project on the Norwegian Continental Shelf (NCS). Miros said it enhanced the efficiency and safety of pipelay operations by equipping project

about 2 years ago
Trion development concept; Source: Woodside
Business & Finance

SBM Offshore to build FSO for Woodside’s $7.2 billion Gulf of Mexico oil project

SBM Offshore has been put in charge of constructing an FSO unit destined to work at a deepwater oil project located 30 km south of the Mexico-U.S. maritime border.

about 2 years ago
JERA invests in CO2 emissions visualization cloud service provider
Business & Finance

JERA invests in CO2 emissions visualization cloud service provider

Japan’s major JERA, through JERA Ventures, has invested in Asuene, a compatriot company that provides cloud service for visualizing, reducing and reporting CO2 emissions.

about 2 years ago
Electrical interconnection (illustration); Source: IPTO
Business & Finance

Tender for submarine power cables moves to next stage with $1.89 billion earmarked for Aegean Islands interconnectors

Greece’s TSO IPTO has decided to move to the next phase after receiving three applications for participation in its tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

about 2 years ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Business & Finance

ADNOC and Japanese firm shake hands on offtake deal, leaving 30% of Ruwais LNG production capacity up for grabs

ADNOC has signed a long-term heads of agreement (HOA) with Japan’s Osaka Gas for LNG supply mainly originating from its Ruwais LNG project.

about 2 years ago
Image of Ocean Power Technologies PowerBuoy and WAM-V during sea trials.
Business & Finance

New agreement extends OPT’s reach in Latin America

U.S.-headquartered Ocean Power Technologies (OPT) has signed a reseller agreement with Geos Telecom, a maritime communication and navigation solutions provider in Costa Rica.

about 2 years ago
Tyrrhenian Link-related plan repositioning operations; Source: Terna
Business & Finance

Experimental project underway in preparation for Italy’s subsea power cable connection

Terna has embarked on the experimental transplanting of a native aquatic plant from the Mediterranean Sea, as part of the environmental offsets associated with the construction of a 970 km, 1,000 MW direct current (DC) double submarine cable link between Campania, Sicily, and Sardinia.

about 2 years ago
SARB field; Courtesy of ADNOC
Business & Finance

AI-enabled digital ops step up offshore field’s oil production game by one-fourth of its previous level

ADNOC has harnessed the power of advanced digital solutions to raise the production bar at one of its oil fields off the coast of Abu Dhabi, UEA.

about 2 years ago
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