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PTTEP hands out FEED deal for its development project off Malaysia
Business & Finance

PTTEP hands out FEED deal for its development project off Malaysia

PTTEP has awarded a FEED services deal for offshore facilities destined for a Malaysian development project to Perunding Ranhill Worley.

about 4 years ago
ENGIE and Yara pressing ahead with renewable hydrogen project in Australia
Business & Finance

ENGIE and Yara pressing ahead with renewable hydrogen project in Australia

French energy player ENGIE is progressing with the development of what is said to be one of the world’s first industrial-scale renewable hydrogen projects located in the Pilbara region of Western Australia (WA). ENGIE, which is working on the project named Yuri in partnership with Yara Clean Ammonia

about 4 years ago
Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway
Business & Finance

Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway

Tendeka has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the NCS.

about 4 years ago
containership
Business & Finance

Seaspan terminates deal for four LNG-powered newbuilds

Hong Kong-based containership owner Seaspan Corporation has canceled the contracts for four 7,700 TEU dual-fuel liquefied natural gas containership newbuildings. The company said on Thursday that the decision was made as the counterparty failed to meet certain conditions in the contracts, hinting th

about 4 years ago
HSHI
Business & Finance

Hyundai Samho bags LNG-powered PCTC pair

South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Marine Engineering Co., has won an order for the construction of two LNG dual-fuel pure car truck carriers (PCTC). The order is worth KRW 331 billion ( approximately $ 237 million) and it has been placed by

about 4 years ago
Dolphin Drilling
Business & Finance

Dolphin Drilling takes the first step toward public listing comeback

Harsh environment and deepwater drilling contractor, Dolphin Drilling, has confirmed that it is being activated on the Euronext N-OTC list as of 15 September 2022.

about 4 years ago
Tom Cross - Parkmead - North Sea
Business & Finance

Approval secured for high-impact exploration well in North Sea

Parkmead Group has secured approval to drill its high-impact well on the Skerryvore prospects in the UK Central North Sea.

about 4 years ago
TEN logo
Business & Finance

TEN eyes more dual-fuel ships

Greek shipping company Tsakos Energy Navigation (TEN) is accelerating its fleet modernization efforts as it seeks to invest in greener ships. The company said it was looking into divesting some of its older vessels and replacing them with more modern, eco-friendly vessels. The strategy builds upon t

about 4 years ago
Equinor to curb carbon footprint with fuel substitution at its largest operated field outside Norway
Business & Finance

Equinor takes steps to curb CO2 emissions at its largest operated field outside Norway

Equinor has embarked on replacing diesel with natural gas as the main fuel for power generation at an offshore field in Brazil.

about 4 years ago
Magseis Fairfield's secures more North Sea work
Business & Finance

Magseis Fairfield secures more North Sea work

Magseis Fairfield has secured an increased project scope for an offshore survey in the North Sea awarded in June 2020. The project is scheduled to start in the second quarter of 2023, with an expected duration of approximately three months, using the Z700 technology. It was initially scheduled to co

about 4 years ago
DBJ
Business & Finance

DBJ, ClassNK establish green ship finance program

Development Bank of Japan (DBJ) and classification society ClassNK have established “Zero-Emission Accelerating Ship Finance (program)” to support the maritime industry’s transition toward decarbonization.

about 4 years ago
Govt reinstates largest offshore oil & gas lease sale in U.S. history
Business & Finance

Govt reinstates largest offshore oil & gas lease sale in U.S. history

BOEM has reinstated the first oil & gas lease sale, held under the Biden administration, for acreage in federal waters in the Gulf of Mexico.

about 4 years ago
Browse to North West Shelf Project development concept - Woodside
Business & Finance

Woodside makes progress with regulatory approval process for Browse to NWS project

Woodside has made what is said to be a significant step in the regulatory approval process for its operated Browse to North West Shelf Project in Australia.

about 4 years ago
Baltic Pipe receives operating permit
Business & Finance

Baltic Pipe receives operating permit

The Baltic Pipe project has received the operating permit, completing the process of obtaining all necessary decisions. The offshore gas pipeline is scheduled for partial commissioning this October and full commissioning on 1 January 2023, at a full annual capacity of up to 10 BCM. The opening cerem

about 4 years ago
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