Search results for: hai long 2

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  • TotalEnergies doles out $199 million for lion’s share in Vantage drillship

    7 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.

  • ‘Groundbreaking’ ammonia fuel supply system for ships introduced

    27 February 2024
    Equipment

    Wärtsilä Gas Solutions, part of Finnish technology group Wärtsilä, has introduced a groundbreaking ammonia fuel supply system (AFSS) for ships able to operate with ammonia fuel. 

  • Metacon and Siemens forge hydrogen technology partnership

    8 May 2024
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Technology

    Metacon and Siemens have signed an MoU to enter a partnership to accelerate the manufacturing of hydrogen production systems in Sweden for the European market.

  • Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

    17 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

  • Maersk inks landmark green methanol offtake agreement with China’s Goldwind

    22 November 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels, Vision

    Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.

  • Chantiers de l’Atlantique: Steel cut for ‘world’s largest’ sailing ship

    3 April 2024
    Infrastructure, Vessels

    French shipbuilder Chantiers de l’Atlantique has cut the first steel for OE Corinthian, the first wind-powered cruise ship in the Orient Express Silenseas fleet.

  • Baker Hughes making strides in transition to hydrogen economy

    29 January 2024
    Business Developments & Projects, Operations & Maintenance, Outlook & Strategy, Research & Development, Technology

    Energy technology company Baker Hughes has reached numerous milestones in the advancement of its hydrogen-enabling technologies as well as in executing several customers’ hydrogen projects and new collaborations as part of its broader strategy in new energy. The company announced these milestones during the 24th Baker Hughes Annual Meeting held in Florence, Italy, on January 29. […]

  • Maersk CEO shares three imperatives for shipping’s decarbonization to succeed

    14 March 2024
    Market Outlooks, Outlook & Strategy

    Ahead of the key global event that will decide the pace of shipping’s decarbonization, Vincent Clerc, CEO of Danish shipping and logistics giant A.P. Moller – Maersk, has highlighted three imperatives that will be crucial if the maritime industry wants to meet ambitious emission reduction targets.

  • Investments of $102 billion on Petrobras’ five-year agenda: Oil & gas getting the lion’s share while $11.5 billion goes to low-carbon projects

    24 November 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Petrobras’ new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie.

  • BP shuts down oil production at offshore platform in Azerbaijan

    29 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

  • Drilling ops bear fruit: Start-up of another well offshore Gabon on BW Energy’s 2024 agenda

    9 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    BW Energy is planning to bring online another well within the Dussafu license off the coast of Gabon later this year.

  • MODEC gives African FPSO job to Norwegian player

    6 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Axess Group has landed a long-term inspection contract for a recently converted FPSO, which is destined to work on Woodside’s oil project.

  • 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.

  • Hellmann cuts CO2 footprint with HMM’s Green Sailing Service

    4 March 2024
    Collaboration, Outlook & Strategy

    South Korea’s national flagship carrier HMM has forged a strategic partnership with Germany’s transport and logistics company Hellmann Worldwide Logistics that will see Hellmann becoming an official participant of HMM’s Green Sailing Service.

  • Six more Gulf of Mexico fields join US oil & gas firm’s portfolio

    23 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    W&T Offshore has completed the acquisition of six shallow water fields in the Gulf of Mexico (GOM) for a final purchase price of $72 million.

  • Provaris raises $1.9M for hydrogen prototype tank construction and testing

    30 November 2023
    Business & Finance, Business Developments & Projects, Green Marine

    Provaris Energy has received firm commitments to raise $1.9 million from a share placement to existing and new investors to fund the construction and testing of the hydrogen prototype tank in Norway. According to Provaris, the placement will comprise the issue of 47.5 million new fully paid ordinary shares at an issue price of $0.04 […]

  • After Transocean, Halliburton snaps up multi-million job on giant gas project in Black Sea

    12 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    OMV Petrom has picked Halliburton Romania, a subsidiary of the U.S.-based Halliburton, has been picked for integrated drilling services.

  • Saipem reports pipelayer incident offshore Australia

    30 January 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Safety, Vessels

    Italian oilfield services provider Saipem has reported that an incident occurred on its pipelaying vessel during operations offshore Australia. Saipem announced that early this morning, January 30, an incident occurred on the Castorone pipelay vessel off the waters of Australia during normal pipelaying operations. The incident did not cause injuries to personnel and Castorone did not […]

  • China debuts its first methanol bunkering vessel

    19 January 2024
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. The ship left for Shanghai Port where it was put in operation as an integral part of Shanghai Port Clean Energy Center. The 16,000 cbm vessel, previously […]

  • Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

    5 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

  • GE Vernova and AFC buy their way into giant renewable Morocco-UK power project with $24.3 million

    3 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    GE Vernova and Africa Finance Corporation (AFC) have decided to bankroll the development of a huge renewable energy project in Morocco.

  • 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 […]

  • Capital Product Partners earmarks $3 billion for 11 newbuild vessels as focus shifts to LNG carrier segment

    13 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    After revealing plans to shift its business focus towards the LNG carrier sector, Capital Product Partners L.P. (CPLP) has now entered into an agreement to acquire eleven newbuild LNG carriers for a total price of $3.1 billion. On November 13, CPLP said it had entered into an umbrella agreement with Capital Maritime & Trading Corp. […]

  • TotalEnergies gives more work to UK firm for its North Sea oil & gas assets

    10 May 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    TotalEnergies has decided to prolong a contract with PBS for integrated services delivery to its North Sea portfolio.

  • Chihuahua government backs Mexico Pacific’s LNG infrastructure project

    17 November 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development

    Energy company Mexico Pacific and the government of the Mexican state of Chihuahua have entered into a strategic collaboration agreement supporting the construction and operation of Mexico Pacific’s Sierra Madre Pipeline. According to Mexico Pacific, the Sierra Madre Pipeline will originate at the border of the United States (U.S.) and Mexico transporting approximately 2.8 billion […]