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GTT takes minority stake in Norwegian startup
Business & Finance

GTT takes minority stake in Norwegian startup

French LNG containment specialist GTT has taken a minority stake in the Norwegian technology start-up Tunable, specialised in multi-gas and emissions analyser.

about 3 years ago
Preliminary marine route survey full steam ahead at second Malta-Italy link
Business & Finance

Marine surveys full steam ahead at second Malta-Italy link

Fugro has completed the geophysical analysis of the proposed seabed route of the second Malta-Italy interconnector. The activities, completed last week, took place between Baħar iċ-Ċagħaq, Malta, and Ragusa, Sicily, and were executed on board the 60-meter survey vessel Urbano Monti. This preliminary

about 3 years ago
Two contrasting scenarios depict challenges on the road to decarbonisation amid energy crisis
Business & Finance

Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis

A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.

about 3 years ago
NextDecade launches private placement in preparation for Rio Grande LNG FID
Business & Finance

NextDecade launches private placement eyeing Rio Grande LNG FID

U.S. LNG project developer NextDecade has launched an $85 million private placement in preparation to take a positive final investment decision on the Rio Grande LNG project’s first three trains.

about 3 years ago
New cost estimate and timing for first oil from North Sea project amid supply chain challenges
Business & Finance

New cost estimate and timing for first oil from North Sea project

Vår Energi has run into delays for the first oil from a project in the North Sea off Norway and changed its cost estimate for this project.

about 3 years ago
DNV Moss LNG carrier
Business & Finance

New LNG carrier design eliminates methane slip

Siemens Energy, Moss Maritime, DNV and Fearnleys have developed an LNG vessel design that will be powered by a hybrid combined-cycle power and propulsion plant. Under the concept, many engine components, including the main engines can be removed from the ship. The backbone of the vessel’s hybrid com

about 4 years ago
‘A game changer for Europe’: EC reveals plan for €3 billion hydrogen bank
Business & Finance

‘A game changer for Europe’: EC reveals plan for €3 billion hydrogen bank

In a move to tackle the energy crisis and climate change, President of the European Commission (EC) Ursula von Der Leyen has announced the creation of a new European Hydrogen Bank aimed at bridging the investment gap and connecting future supply and demand. The announcement was made during von der L

about 4 years ago
New gig for Stena drillship off Gabon
Business & Finance

New gig for Stena drillship off Gabon

Offshore drilling contractor Stena Drilling has secured a new drilling contract from CNOOC for operations offshore Gabon.

about 4 years ago
Offshore surveys starting at Celtic Sea floating wind demo projects
Business & Finance

Surveys starting at Celtic Sea floating wind demo projects

Geophysical and environmental surveys will commence next week at two 100 MW floating offshore wind demonstration projects that will be built off the coast of southwest Wales in the Celtic Sea.

about 4 years ago
German firm secures major order for Mexico's new deepwater gas pipeline
Business & Finance

German firm secures major order for Mexico’s new deepwater gas pipeline

Germany-based EUROPIPE has received an order from the North American TC Energy (TCE) to supply the pipe for the Southeast Gateway Pipeline project in the Gulf of Mexico. TCE is building the $4.5 billion offshore gas pipeline in partnership with the Mexican state-owned power utility Comisión Federal

about 4 years ago
NGO Shipbreaking Platform 2012
Business & Finance

World’s 1st circular ship dismantling yard on the cards

A Dutch startup named Circular Maritime Technologies (CMT) has been launched targeting unsustainable shipbreaking practices that have seen ships taken apart by hand on South East Asian beaches. CMT aims to become the world’s first circular ship dismantling yard by developing and integrating technolo

about 4 years ago
Allseas founder stepping down as president after almost four decades
Business & Finance

Allseas founder stepping down as president after almost four decades at the helm

Allseas has revealed that its founder and current president, Edward Heerema, has decided to hand over the reins to his eldest son.

about 4 years ago
Floatel Triumph
Business & Finance

Woodside contracts Floatel unit for Pluto job

Offshore accommodation provider Floatel International has signed a new contract for one of its units to operate for Woodside in Australia.

about 4 years ago
Energy-players-enter-joint-RD-project-to-leverage-digital-ways-in-transition-to-net-zero
Business & Finance

Energy players enter joint R&D project to leverage digital ways in transition to net-zero

Offshore energy companies in Brazil have come together for a joint industry research and technology development project focused on addressing technologies to reduce carbon emissions. The project named i-Concept JIP Phase 2 focuses on the development of applied computational modules to generate and r

about 4 years ago
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