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Vår Energi and Equinor agree on gas export solution offshore Norway
Business & Finance

Vår Energi and Equinor agree on gas export solution offshore Norway

Norwegian Vår Energi and Equinor have approved concept selection (DG2) for gas export from the Goliat oil and gas field to the Snøhvit pipeline for further transport to Hammerfest LNG. Operated by Vår Energi (65%) with Equinor as a partner (35%), Goliat is located in the Barents Sea, approximately 8

about 2 years ago
© Copyright Louis Dreyfus Armateurs / Airbus
Business & Finance

Louis Dreyfus Armateurs to build three wind-assisted RoRos for Airbus

European aerospace giant Airbus has selected French maritime firm Louis Dreyfus Armateurs (LDA) to renew its fleet of chartered vessels with three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. Airbus has commissioned LDA to build, own, and operate these new vessels th

about 2 years ago
EU reaffirms CCS crucial to achieving climate targets
Business & Finance

EU reaffirms CCS crucial to achieving climate targets

The European Parliament Committee on Industry (ITRE) has adopted a position on the Net-Zero Industry Act (NZIA), further endorsing the emerging consensus on the vital role of carbon capture and storage (CCS) in achieving Europe’s climate targets. The position adopted by ITRE is said to strengthen th

about 2 years ago
Port of Los Angeles, California
Business & Finance

Ports of Los Angeles and Guangzhou forge ties on green shipping corridor

The Port of Los Angeles and Port of Guangzhou, China, signed a Memorandum of Understanding (MOU) to bolster cooperation on the development of digital supply chain infrastructure, creation of a Trans-pacific Green Shipping Corridor between the two ports, and other sustainability initiatives to reduce

about 2 years ago
Hyphen partners with DBSA to fund Namibian green hydrogen project
Business & Finance

Hyphen partners with DBSA to fund Namibian green hydrogen project

Hyphen Hydrogen Energy and the Development Bank of Southern Africa (DBSA) have partnered up for a funding facility to be used to advance the development of Hyphen’s green hydrogen project in Namibia. According to Hyphen, the Project Preparation Facility from the DBSA will go towards the partial fund

about 2 years ago
Seaway Aimery at Seagreen offshore wind farm
Business & Finance

Seaway7 bags inter-array cable contract offshore Poland

Seaway7, part of the Subsea7 Group, has been awarded a contract by Equinor and Polenergia for the inter-array cables of the MFW Bałtyk II and MFW Bałtyk III offshore wind projects in the Polish part of the Baltic Sea. Seaway7’s scope of work includes the engineering, procurement, construction, and i

about 2 years ago
NSTA ready to grant two-year license extension to Orcadian Energy
Business & Finance

NSTA ready to grant two-year license extension to Orcadian Energy

The North Sea Transition Authority (NSTA) is ready to agree a two-year extension to the second term for the Pilot license to UK-headquartered oil and gas company Orcadian Energy. As announced in September, Orcadian entered into a non-binding heads of agreement (HoA) with a North Sea operator which p

about 2 years ago
Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman
Business & Finance

Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman

Belgium’s energy infrastructure company Fluxys and Omani state-owned transmission system operator OQ Gas Networks (OQGN) have signed a memorandum of understanding (MoU) to jointly explore strategic cooperation in the development of hydrogen and CO2 infrastructure projects in Oman. The signing took p

about 2 years ago
Chinese vessel's anchor probable cause of Balticconnector damage, Finnish police says
Business & Finance

Chinese vessel’s anchor probable cause of Balticconnector damage

Finland’s National Bureau of Investigation (NBI) has clarified technically the cause of the Balticconnector gas pipeline damage, stating that the Newnew Polar Bear vessel, flying the flag of Hong Kong, is believed to have caused it. The NBI stated at a press conference on October 24 that it had made

about 2 years ago
Pipeline contract awarded for first Dutch CO2 storage project
Business & Finance

Pipeline contract awarded for first Dutch CO2 storage project

Allseas has won a contract to construct the subsea pipeline for the Porthos CO2 storage project, the first such project in the Netherlands. The news comes shortly after the final investment decision (FID) was made for the project. Allseas’ work includes installation, burial and commissioning of the

about 2 years ago
Lady Maria Fisher
Business & Finance

James Fisher linked to order for up to 4 dual-fuel LNG tankers in China

UK-based maritime service provider James Fisher has reportedly placed an order for up to four dual-fuel liquefied natural gas (LNG) tankers. The contract includes two firm orders plus options for two additional ships. The vessels will be constructed at China Merchants Jinling Shipyard (Yangzhou), Ch

about 2 years ago
Woodside taps TechnipFMC for more flexible pipe
Business & Finance

Woodside taps TechnipFMC for more flexible pipe

TechnipFMC has secured a contract with Australia’s energy giant Woodside Energy for the manufacture of flexible pipe. TechnipFMC will supply infield flowlines and jumpers for Woodside’s Trion project in deepwater Mexico. The award was included in the company’s inbound orders in the third quarter of

about 2 years ago
Seaside LNG
Business & Finance

Fincantieri hands over Clean Everglades LNG bunker barge to Seaside LNG

Fincantieri Bay Shipbuilding hosted a christening ceremony on Tuesday in Sturgeon Bay, Wisconsin for the recently constructed LNG bunker barge Clean Everglades, marking the delivery of the vessel to its owner. The 5,500 cbm articulated tug barge was built for Jones Act-shipowner Seaside LNG as the d

about 2 years ago
$745 million worth of contracts for three Transocean drillships
Business & Finance

$745 million worth of contracts for three Transocean drillships

Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a

about 2 years ago
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