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Darren Woods, ExxonMobil's CEO; Source: ExxonMobil
Business & Finance

ExxonMobil: Lawsuit against ‘activists masquerading as shareholders’ has investors’ interests at heart

ExxonMobil has pressed ahead with legal action against Arjuna Capital and Follow This to stop a re-submission of their proposal on Scope 3 emission-reduction targets.

about 2 years ago
Operation to connect subsea well infrastructure to Brazilian FPSO about to commence
Business & Finance

Operation to connect subsea well infrastructure to Brazilian FPSO about to begin

Subsea equipment installation is about to commence at Enauta’s Atlanta field offshore Brazil, connecting the wells to the floating production, storage, and offloading (FPSO) vessel which arrived at the site earlier this month. Specialized vessel Sapura Ônix is en route to the field in the Santos Bas

about 2 years ago
New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port
Business & Finance

New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port

Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO

Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.

about 2 years ago
Gulfstream LNG
Business & Finance

Green light for LNG project on US Gulf Coast to embark on pre-filing process

The U.S. Federal Energy Regulatory Commission (FERC) has given its blessing to Gulfstream LNG Development (Gulfstream LNG).

about 2 years ago
Illustration; Source: ExxonMobil
Business & Finance

Multifaceted energy transition cards carving ExxonMobil’s spot in low-emission future

ExxonMobil is making strides in pursuing a versatile emission reduction approach to leave its mark on the global decarbonization scoreboard.

about 2 years ago
LNG carrier Kool Kelvin (for illustration purposes); Source: CoolCo
Business & Finance

14-year LNG carrier deal lifts CoolCo’s total revenue backlog to nearly $1.9 billion

Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).

about 2 years ago
An aerial photo of the Eneco Luchterduinen offshore wind farm in the Netherlands
Business & Finance

Hy2gen USA strikes offshore wind-to-hydrogen partnership with Ocean Connect Energy

Hy2gen USA, the U.S. subsidiary of global green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a Memorandum of Understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Business & Finance

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
Jan De Nul orders twin to XL cable-layer Fleeming Jenkin
Business & Finance

Jan De Nul orders twin to XL cable-layer Fleeming Jenkin

Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me

about 2 years ago
GTT backs Energo’s solution for production of low-carbon fuels
Business & Finance

GTT backs Energo’s solution for production of low-carbon fuels

According to GTT, Energo’s solutions can contribute to the decarbonization of maritime transport through the production of low-carbon fuels.

about 2 years ago
Another local firm receives order for Norwegian ‘first of its kind’ energy subsea construction vessel
Business & Finance

Thruster package ordered for ‘first of its kind’ energy subsea construction vessel

Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth

about 2 years ago
Lv Neng Ying LNG carrier; Source: China Shipbuilding Industry Association
Business & Finance

‘World’s first’ fifth-generation LNG carrier put to sea months earlier than planned

A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.

about 2 years ago
JERA
Business & Finance

JERA to invest $32 billion in LNG, renewables, hydrogen and ammonia by 2035

JERA has unveiled plans to invest around $32 billion in LNG, renewables, and hydrogen and ammonia by 2035.

about 2 years ago
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