Search results for:

10000 results

A list of search results

  • ‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?

    26 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.

  • Fluxys to take charge of hydrogen network in Belgium

    26 April 2024
    Authorities & Government, Business Developments & Projects, Infrastructure, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation

    Federal Energy Minister Tinne Van der Straeten has appointed Fluxys as operator for the development and management of a hydrogen transmission grid in Belgium.

  • MOL obtains another transition-linked loan

    26 April 2024
    Business & Finance, Business Developments & Projects

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has decided to raise funds through a syndicated transition-linked loan using the performance-based interest subsidy system based on Japan’s Act on Strengthening Industrial Competitiveness.

  • New Chinese e-tug to sport Schottel’s equipment

    26 April 2024
    Equipment

    German propulsion system manufacturer Schottel has been contracted to provide two RudderPropellers type SRP 360 in the LE-Drive variant for Guangzhou Port Group’s latest e-tug.

  • Equinor all set to kick off drilling ops with Transocean rig

    26 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Equinor has received consent to embark on offshore drilling activities with one of Transocean’s rigs in the Barents Sea.

  • Significant offshore wind growth brings Fugro strong start of the year

    26 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9% increase compared […]

  • New Japanese alliance looking into ammonia supply chain in Hokkaido

    26 April 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development, Storage

    Japanese companies have started a joint study for the establishment of an ammonia supply chain based in the Tomakomai area of Hokkaido.

  • EU Net-Zero Industry Act approved, clean shipping fuels included

    26 April 2024
    Regulation & Policy, Rules & Regulation

    On April 25, the European Parliament approved the Net-Zero industry Act to bolster EU production in technologies needed for decarbonization.

  • Danish shipowner orders eight hybrid methanol dual-fuel tankers in China

    26 April 2024
    Vessels

    Denmark-based shipping company MH Simonsen has placed an order for eight hybrid-electric methanol dual-fuel chemical tankers at China’s Jiangxi New Jiangzhou Shipbuilding.

  • With CFO on the move, Aker Carbon Capture picks interim one

    26 April 2024
    Human Capital, Outlook & Strategy

    As its current CFO steps down from the role, Norway’s Aker Carbon Capture has appointed an interim CFO, who will take the reins in 2Q 2024.

  • ‘Major’ oil player books jack-up rig for drilling gig offshore Qatar

    26 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ADES Holding Company has secured a long-term assignment for one of its jack-up rigs off the coast of Qatar.

  • Oil & gas production on the rise but Equinor’s profit plummets as energy prices go down

    25 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.

  • Avenir LNG orders two 20,000 cbm LNG bunker and supply vessels in China

    25 April 2024
    Infrastructure, Vessels

    UK-based midstream LNG & BioLNG company Avenir LNG has entered into a shipbuilding contract with China’s Nantong CIMC Sinopacific Offshore & Engineering (SOE) in China, a subsidiary of CIMC Enric, for two 20,000 cbm LNG bunker & supply vessels.

  • Greek firm completes cable installation for French floating wind pilot project

    25 April 2024
    Business Developments & Projects, Operations & Maintenance

    Greece-based Asso.subsea has completed the cable installation, burial, and protection operations for the Provence Grand Large floating offshore wind project in France. The Provence Grand Large floating offshore wind project is located 17 kilometers off the coast in the Mediterranean Sea, on a 100-meter deep site. The floating wind pilot project features three Siemens Gamesa 8 […]

  • MPCC opts for sustainable financing for two methanol dual-fuel ships

    25 April 2024
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.

  • Fugro secures more work on 3 GW Dogger Bank South

    25 April 2024
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development

    RWE and Abu Dhabi-based Masdar have appointed Dutch geo-data specialist company, Fugro, to carry out geotechnical seabed surveys at the Dogger Bank South (DBS) offshore wind project sites in the UK. Located over 100 kilometers off the northeastern coast of England, the DBS offshore wind farm will be split across two sites, DBS East and […]

  • CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector

    25 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry.

  • EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

    25 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation, Transition

    The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.

  • Hapag-Lloyd one step closer to 100% eBL adoption

    25 April 2024
    Infrastructure, IT & Software

    German container shipping giant Hapag-Lloyd has decided to adopt IQAX eBL to issue electronic bills of lading (eBL) over Global Shipping Business Network’s (GSBN) infrastructure.

  • Mitsubishi Heavy Industries starts SOEC testing at Takasago Hydrogen Park

    25 April 2024
    Business Developments & Projects, Exploration & Production, Innovation, Project & Tenders, Research & Development, Technology

    Mitsubishi Heavy Industries (MHI) has commenced the operation of a test module of the solid oxide electrolysis cell (SOEC) at Takasago Hydrogen Park.

  • Wärtsilä’s auxiliary engines picked for twelve Chinese methanol-fueled giants

    25 April 2024
    Equipment, Vessels

    Finnish technology group Wärtsilä has been contracted to provide methanol-fueled auxiliary engines for twelve new 24,000 TEU containerships owned by Chinese shipping companies COSCO Shipping Lines and Orient Overseas Container Line (OOCL).

  • French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks

    25 April 2024
    Business & Finance, Equipment, Innovation, Project & Tenders, Technology, Vessels

    UK-based Exail has secured a contract with French maritime services provider Bourbon to deliver technology for multiple multi-purpose support vessels (MPSVs) that is expected to enhance the vessels’ efficiency in installation, maintenance and repair tasks for the oil & gas and offshore wind industries. Exail will supply several units of Exail Octans Attitude and Heading Reference […]

  • Norwegian player finds work on third Odfjell Drilling rig

    25 April 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Soiltech has secured another contract with Odfjell Drilling for the provision of its services to the UK player’s third semi-submersible rig.

  • Canadian oil & gas firm widens its footprint in Namibia’s prolific Orange Basin

    25 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.

  • Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

    25 April 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, […]