U.S. offshore engineering and construction player McDermott has secured an offshore subsea contract with PTTEP Sabah Oil Limited (PTTEP) for a gas field expansion project offshore Malaysia. McDermott is in charge of the engineering, procurement, construction and installation (EPCI) services for a ca
More than 500 clean hydrogen projects worldwide have reached maturity, representing $110 billion in investments, with China occupying the leading position in total committed investments and renewable hydrogen production, according to the Hydrogen Council’s new annual publication.
Van Oord has completed the installation of 109 inter-array cables, which marks the conclusion of its full scope of work on the 1.4 GW Sofia offshore wind farm in the UK. Approximately 360 kilometers of inter-array cables have been installed and tested, connecting the wind farms’ 100 14 MW turbines t
U.S.-based electrolyzer manufacturer Electric Hydrogen has acquired compatriot hydrogen project developer Ambient Fuels in a deal aimed at expanding the company’s project pipeline and strengthening its ability to co-develop clean hydrogen facilities with customers.
Norway’s Reach Subsea has acquired Subvision AB, a Swedish company founded in 1993, focused on the design of equipment for subsea environments. According to Reach Subsea, Subvision has extensive experience from military and offshore development projects and has, over the years, developed several adv
Pittsburgh-based EQT Corporation has signed a long-term sale and purchase agreement (SPA) with Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, for liquefied natural gas (LNG) from the latter’s export facility under development on the Gulf Coast ne
Solar power producer Generale du Solaire and French floating solar company Ciel & Terre EMEA have commissioned a 20 MWp floating solar plant in Leutenheim, France, which the company described as the first of this scale in the region. Built on a former gravel pit, the installation was completed in fo
Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind
Oslo-listed oil and gas E&P player BW Energy has moved forward with its plans for an oil field in the Campos Basin off the coast of Brazil, thanks to the completion of financing for the refurbishment of a floating production, storage, and offloading (FPSO) unit and a short-term lease of a developmen
Wave energy developer Eco Wave Power has inaugurated the first U.S. onshore wave energy pilot station at the Port of Los Angeles, marking the operational debut of its technology in the country. According to Eco Wave Power, seven blue steel floats, installed at AltaSea’s ocean institute on a section
Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has hired McDermott, a U.S. offshore engineering and construction player, on a master services agreement (MS
ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.
Italy’s Next Geosolutions (NextGeo) has opened a new entity in the Middle East, described as a strategic initiative as part of the company’s expansion plan, aimed at strengthening its operational capacity in a “region of crucial importance for the oil & gas sector”. Next Geosolutions Middle East (FZ
HIF Global has announced plans to locate its Tasmania e-fuels facility at the former Burnie Paper Mill site in South Burnie.
