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New deals with TotalEnergies and GIP to support NextDecade in reaching Rio Grande LNG FID
Business & Finance

New deals with TotalEnergies and GIP to support NextDecade in reaching Rio Grande LNG FID

Texas-based energy company NextDecade has signed framework agreements with Global Infrastructure Partners (GIP), an independent infrastructure fund manager, and TotalEnergies, a French energy major, to enable the final investment decision (FID) for the Rio Grande LNG Phase 1 and to provide momentum

about 3 years ago
Ports of Stockholm and Port of Riga sign Memorandum of Understanding to apply for joint EU funding
Business & Finance

Ports of Stockholm and Freeport of Riga to apply for joint EU funding

The Ports of Stockholm and the Freeport of Riga Authority have signed a Memorandum of Understanding (MoU) to work on a joint application for EU funding to reduce the impact of port activities on the environment. The partnership aims to enable further development of passenger terminals in the two cap

about 3 years ago
Port of Brisbane links up $500mln sustainability-linked loan
Business & Finance

Port of Brisbane links up $500mln sustainability-linked loan

The Port of Brisbane, Australia’s largest and most diverse capital city port, has agreed to terms on a $500 million sustainability-linked loan.

about 3 years ago
Woodside and TechnipFMC strike another deal offshore Western Australia
Business & Finance

Woodside and TechnipFMC strike another deal offshore Western Australia

Australia’s energy giant Woodside Energy has awarded TechnipFMC with a contract to deliver flexible pipes and umbilicals for a project offshore Western Australia. Under the contract deemed as “significant”, TechnipFMC is in charge of the engineering, procurement, construction, and installation of fl

about 3 years ago
Transocean Encourage rig; Source: Transocean
Business & Finance

Seal of approval for Equinor to start drilling activities with Transocean rig

Equinor has received consent from Norway’s regulator to use one of Transocean’s rigs on a block located in the Norwegian Sea.

about 3 years ago
Norve jack-up rig; Source: Borr Drilling
Business & Finance

Oil flows from second well off Gabon as Borr rig spuds third one

BW Energy has brought on stream the second well in its drilling campaign offshore Gabon while the drilling ops on the third well are ongoing.

about 3 years ago
Illustration; Source: Shell
Business & Finance

Shell on decarbonisation quest plans to dish out $10-15 billion in low-carbon energy by 2025

Shell has decided to step up its decarbonisation efforts by boosting its low-carbon energy solutions business with investments of $10-15 bln.

about 3 years ago
Project Greensand gets DNV's safety approval
Business & Finance

Project Greensand gets DNV’s safety approval

Classification society DNV has verified the safety of all aspects of Project Greensand’s CO2 storage in the North Sea. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in the Nini field in the Danish North Sea. The

about 3 years ago
CSSC BASF
Business & Finance

BASF joins forces with CSSC on onboard carbon capture tech

CSSC Power Co., a wholly-owned subsidiary of the China State Shipbuilding Corporation (CSSC), and the world’s largest chemical producer BASF have teamed up on expediting the progress of onboard carbon capture (CO2 capture) systems for commercial maritime applications. The partnership is expected to

about 3 years ago
CIP buys stake in CWP’s green hydrogen development portfolio
Business & Finance

CIP buys stake in CWP’s green hydrogen development portfolio

Copenhagen Infrastructure Partners (CIP) has made a strategic investment in CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects across Africa, Australia and the Americas. CWP Global, a developer of renewable energy, currently has a green hydrogen hub portf

about 3 years ago
Illustration; Source: Wood Mackenzie
Business & Finance

Golden Triangle and Mediterranean to spearhead rise in rig demand

Wood Mackenzie anticipates floating rig demand to skyrocket by a further 20 per cent over the next two years.

about 3 years ago
New subsea link in Greece goes into full operation
Business & Finance

New subsea link in Greece goes into full operation

Greek electricity grid operator Independent Power Transmission Operator (IPTO) has put the Western Corridor, part of the Peloponnese interconnection, into full operation. The Western Corridor includes the electricity transmission line connecting Megalopoli with Patras and Western Central Greece, con

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business & Finance

Equinor gets the all-clear signal for North Sea drilling ops

Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.

about 3 years ago
Raymond Alcorn, CEO and founder of Exceedence (Courtesy of Exceedence)
Business & Finance

Exceedence announces crowdfunding campaign

Irish fintech company Exceedence, which has developed a software to speed up the rollout of offshore wind, wave and tidal energy projects, has unveiled plans to launch a crowdfunding campaign on Seedrs platform.

about 3 years ago
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