10000 results found for 'GTT'

10000 results found for 'GTT'
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A list of search results

  • Korean firm gets $99 million boost for US subsea cable factory

    22 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    South Korean cable manufacturer LS Cable & System has received financial support from the U.S. Department of Energy (DOE) for its high-voltage submarine power cable factory in the U.S. LS GreenLink USA, a wholly-owned subsidiary of LS C&S, plans to build a manufacturing facility to produce high-voltage submarine power cables in the U.S. as a part of […]

  • Nordsol’s new plant getting closer to supplying bio-LNG to maritime sector

    13 February 2024
    Business Developments & Projects, Green Marine, Infrastructure

    FirstBio2Shipping, a bio-LNG project developed by Dutch companies Attero, Nordsol and Titan, is nearing production of the first bio-LNG to be supplied to the maritime sector. On February 13 Nordsol shared a social media update stating that good progress was made in the construction of the bio-LNG plant at the site of Attero in Wilp, […]

  • NYK gets first transition loan to fund fuel-efficient vessel projects

    29 January 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    NYK has secured its first transition syndicated loan to finance projects for reducing greenhouse gas (GHG) emissions such as constructing next-generation fuel vessels.

  • CMA CGM gets green light from EC to acquire Bolloré Logistics

    26 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    The European Commission (EC) has approved the proposed acquisition of compatriot transport and logistics firm Bolloré Logistics by French shipping major CMA CGM.

  • Main suppliers revealed for NKT’s second cable layer as it gets its name

    3 June 2024
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Denmark-based power cable manufacturer and installation company NKT has named its new cable laying vessel (CLV) NKT Eleonora, meaning shining light. According to NKT, the name is a reference to the company’s central position in transmitting power through its cable solutions and to the bright future ahead driven by the growth journey. Further, Ulrika Eleonora […]

  • Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’

    13 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium of SLB, Subsea Integration Alliance and Saipem for the […]

  • SBM Offshore gets its hands on $250 million FPSO construction loan

    22 April 2024
    Business & Finance, Business Developments & Projects

    Dutch FPSO operator SBM Offshore has secured a term loan facility that will be used for building an FPSO vessel.

  • Aker BP getting ready to spud North Sea pair with Odfjell rig

    20 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Aker BP has received consent to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the North Sea.

  • TECO 2030 onboard compressed hydrogen fuel systems get DNV’s blessing

    19 March 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Regulation & Policy, Research & Development, Technology

    TECO 2030 has won an additional approval in principle (AiP) from classification society DNV for its compressed hydrogen fuel systems.

  • Helix gets decommissioning extension at rates reflecting improved well intervention market

    7 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in direct continuation of the current […]

  • Belgian meshed grid to the rescue as offshore wind export cable gets damaged

    30 January 2024
    Infrastructure

    The export cable of the Rentel offshore wind farm is reported to have been damaged. However, the offshore wind farm keeps feeding electricity into the Belgian grid as the offshore power hub, Modular Offshore Grid (MOG), has taken over. Elia, the operator of Belgium’s MOG, says that the cable from the Rentel platform to the […]

  • HGK Shipping’s future fuel-ready gas tanker gets Green Award certification

    27 June 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Infrastructure, Regulation & Policy, Vessels

    GAS 95, an environmentally-friendly diesel-electric gas tanker owned by HGK Shipping, has received the Green Award in Gold certification.

  • Stena Drilling’s new drillship to get equipment that allows access to ‘previously inaccessible reservoirs’

    28 March 2024
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vessels

    UK-based offshore drilling contractor Stena Drilling is set to deliver an equipment upgrade for its newest drillship that is expected to make it capable of drilling in previously inaccessible reservoirs. The seventh-generation drillship Stena Evolution is about to undergo an equipment upgrade which will make it capable of drilling and completing wells requiring 20,000 psi […]

  • Scottish subsea surveys provider gets on board US carbon capture and storage project

    9 April 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Transition, Vision

    Scottish subsea surveys and inspections provider Sulmara has been appointed to deliver an offshore geophysical survey for a carbon capture and storage project (CCS) in the U.S. Sulmara was commissioned by Bayou Bend CCS, a joint venture of Chevron, Talos Energy and Equinor, to conduct an archaeological and geohazard assessment of the proposed Bayou Bend pipeline […]

  • Plug Power to get federal clean hydrogen production tax credit at Georgia facility

    1 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Plug Power, which began commercial operation of its electrolytic hydrogen facility in Georgia earlier in 2024, intends to recognize the benefits of the Inflation Reduction Act’s (IRA) Section 45V Credit for the Production of Clean Hydrogen (PTC) in its forthcoming quarterly financial reports.

  • Chevron-operated Mediterranean gas field ready to get export boost show on road

    26 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    Following government approval, partners in a gas field offshore Israel are expected to reach a decision on expanding its natural gas exports.

  • ExxonMobil gets court’s blessing to forge ahead with lawsuit against climate activist investor

    23 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    ExxonMobil has received a green light from a federal judge to proceed with legal action against Arjuna Capital.

  • Aker BP gets thumbs-up for hydrocarbon search in North Sea with Noble rig

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

    Aker BP has secured a drilling permit for an exploration well in the North Sea off the coast of Norway, which is expected to be drilled this month.

  • UK engineering start-up gets financial boost for new wind propulsion system

    19 March 2024
    Business & Finance, Business Developments & Projects, Innovation, Project & Tenders

    UK-based maritime engineering start-up WingTek, in collaboration with the University of Bristol and the National Composites Centre, has won a £2.2 million ($2.7 million) innovation grant for the development of a new wind auxiliary propulsion (WAP) system.

  • HD Hyundai Mipo gets DNV’s nod for ammonia dual-fuel ship design

    6 June 2024
    Certification & Classification, Vessels

    Classification society DNV has awarded South Korean shipbuilder HD Hyundai Mipo an Approval in Principle (AiP) for the design of a new ammonia dual-fuel feeder container vessel.

  • Following alterations, US monetary penalties for oil & gas players get bigger

    26 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    BOEM has made modifications to monetary penalties for oil and gas companies, implementing the 2024 inflation adjustments.

  • Panama Canal gets its first-ever chief sustainability officer

    25 January 2024
    Business Developments & Projects, Environment, Human Capital, Outlook & Strategy, Regulation & Policy

    The Panama Canal has appointed its first-ever Chief Sustainability Officer (CSO) who will drive the waterway’s environmental sustainability agenda.

  • ADNOC signs off on upstream deal enabling SOCAR to come aboard two offshore fields

    7 June 2024
    Business & Finance, Business Developments & Projects, Collaboration

    ADNOC has inked an agreement to transfer a stake in two fields at a concession off the coast of the UAE to SOCAR.

  • US firm snatches up Eni’s two shallow water oil fields off Alaska’s North Slope coast

    27 June 2024
    Business & Finance, Business Developments & Projects

    Eni has clinched a deal with the U.S.-based Hilcorp to sell two oil assets off the coast of Alaska, as part of its efforts to rebalance its upstream portfolio and divest non-strategic assets.

  • EU project focused on environmental monitoring of ocean energy devices gets another extension

    18 July 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    The EU-backed SafeWAVE project, which has the aim of overcoming some of the non-technological barriers that could hinder the future development of ocean energy, has been extended until December 2024. The extension of the Streamlining the Assessment of Environmental Effects of Wave Energy (SafeWAVE) project is said to allow the project partners to continue addressing […]