Search results for: GTT group

A list of search results

• ADNOC expands its carbon management footprint by investing in Storegga

  

  9 January 2024

  Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage

  ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.

• Stake in Brazilian offshore fields opens doors to Latin American oil & gas arena for US player

  

  22 March 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

  Westlawn is entering Latin America’s oil and gas playground, thanks to a deal with Enauta for the acquisition of a partial stake in two oil fields offshore Brazil.

• Rotterdam’s PortXL and GTT join hands on maritime innovation

  

  4 October 2023

  Innovation

  PortXL, the Rotterdam-based accelerator for maritime, sustainable start-ups and scale-ups, has formed a strategic partnership with French containment specialist GTT to work in the field of maritime innovation.

• Damen wins bid to build four hybrid electric vessels for BC Ferries

  

  17 January 2024

  Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

  The Netherlands-based shipbuilding powerhouse Damen Shipyards Group (Damen) is spearheading a major initiative to construct four new hybrid electric Island Class vessels for BC Ferries in Canada. Damen, the same shipyard that built BC Ferries’ previous six Island Class ferries, is set to construct the vessels in Romania. Their bid was chosen from several proposals […]

• Getting to Zero Coalition: 3 scenarios for creating Australia-East Asia green shipping corridor

  

  27 March 2024

  Infrastructure, Market Outlooks, Outlook & Strategy, Transition

  Getting to Zero Coalition presents three scenarios for the implementation of a green shipping corridor between Western Australia and East Asia.

• Oceantic Network CEO: ‘There comes a time when we have to say enough is enough’

  

  18 December 2023

  Business & Finance, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Vessels

  As new offshore wind markets keep emerging and targets in established markets keep increasing, questions on how much capacity can actually be installed, especially until 2030 which is just around the corner, have come to the sector’s foreground. The most vocal on the (un)likeliness of the national and regional targets for 2030 being met – […]

• WSC: We need to get regulations right in next two years to ensure renewable fuels’ availability

  

  11 December 2023

  Authorities & Government, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

  In a bid to secure a competitive landscape for the availability of renewable fuels to power maritime vessels, energy providers need to have regulatory frameworks established within the next two years. The call comes with the recognition that substantial investments in new fuels are imminent, contingent on the assurance of sufficient demand. “To ensure there […]

• With Red Sea ensnared in security woes, ten nations come together to untangle it, after BP pumps the brakes on oil & gas trade

  

  19 December 2023

  Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders, Regulation & Policy, Safety, Vessels

  While Yemen’s Huthis intensify their attacks on vessels in the Red Sea, multiple nations bond together to tackle these security concerns.

• US politicians introduce Renewable Fuel for Ocean-Going Vessels Act

  

  11 December 2023

  Authorities & Government, Environment, Rules & Regulation

  U.S. Representatives Mariannette Miller-Meeks (IA-01) and John Garamendi (CA-08) introduced the Renewable Fuel for Ocean-Going Vessels Act, legislation that would allow companies to preserve RIN credits under the Renewable Fuel Standard (RFS) for renewable fuel used for ocean-going vessels.

• Dutch player wraps up ‘masterpiece in offshore lifting’ with derrick removal ahead of platform conversion

  

  5 December 2023

  Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders

  Wagenborg Foxdrill has finished with an offshore lifting project, which entailed derrick removal for Perenco’s platform repurposing project.

• US in prime position to be the driving force behind Africa’s LNG and FLNG boom

  

  1 March 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

  The U.S. is poised to take the lead on the expansion of liquefied natural gas (LNG) and floating LNG (FLNG) projects in Africa.

• HAROPA starts work on shore power connections at Le Havre cruise terminal

  

  14 February 2024

  Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

  The construction of electricity supply connections to ships at berth has officially begun at the Le Havre cruise terminal, France. Led by HAROPA PORT, the 5th largest port complex in Northern Europe, the strategic project aims to reduce emissions from cruise activity by electrifying cruise docks. By 2026, the port wants to electrify all cruise docks and […]

• Cavotec, COSCO sign maintenance deal for more than 60 vessels

  

  26 October 2023

  Equipment

  Swiss company Cavotec has signed a service partner agreement with COSCO Group to provide preventive maintenance for more than 60 ocean-going vessels equipped with Cavotec shore power systems.

• EU ETS and FuelEU Maritime to close price gap between green and fossil fuels, report finds

  

  21 March 2024

  Market Outlooks, Outlook & Strategy, Transition

  Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Finnish technology group Wärtsilä.

• BP’s profit cut in half but $13.8 billion still cinched in 2023

  

  6 February 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Transition

  Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

• Wärtsilä claims 41% additional methane slip cut from new engine

  

  1 November 2023

  Business Developments & Projects, Environment, Green Marine, Infrastructure, Innovation, Research & Development, Technology

  Finnish technology group Wärtsilä has introduced a new ultra-low emissions version of its 31DF engine that can reduce methane emissions by 41 percent more than the standard 31DF engine.

• Interview: With new oil & gas horizons calling, will the North Sea hold sway over its existing rig fleet?

  

  16 February 2024

  Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

  This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

• COP28 brings ‘historic’ action as 50 oil & gas players pen decarbonization charter

  

  4 December 2023

  Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

  A global decarbonization charter, inked by 50 oil and gas firms to speed up climate action, will have a high-scale impact within the industry.

• Elogen and Valmax pen new electrolyzer supply deal

  

  13 September 2023

  Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

  Elogen, a GTT group company, has signed a new contract with Valmax Technology, a system integrator for energy solutions in the hydrogen sector, to design and manufacture a proton exchange membrane (PEM) electrolyzer with a power of 2.5 MW. The electrolyzer, with a production capacity of up to 1 ton of hydrogen per day, will […]

• EU’s ties to Russian gas: LNG tanker routes pinpoint ports in four European countries as touchpoints

  

  7 March 2024

  Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Ports & Logistics, Regulation & Policy, Vessels

  Research shows that the EU has not severed its gas bonds with Russia, as four countries still facilitate deliveries of its LNG.

• Round up: Major multi-billion oil & gas projects greenlighted in 2023

  

  2 January 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

  While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

• API: Derailing US gas exports and LNG infrastructure build-out could undermine global energy security

  

  26 January 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

  API has joined dozens of other industry groups in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities.

• US oil & gas firm expanding its Gulf of Mexico footprint with $1.29 billion acquisition

  

  16 January 2024

  Business & Finance, Business Developments & Projects, Exploration & Production

  Houston-based Talos Energy has set the wheels into motion to get its hands on QuarterNorth Energy, a privately-held U.S. Gulf of Mexico firm.

• Maersk’s security team fires back on Houthi in Red Sea, thwarts boarding, prompting another operational pause

  

  31 December 2023

  Business Developments & Projects, Green Marine, Regulation & Policy, Safety, Vessels

  Just days after announcing its gradual return to the Red Sea, global cargo shipping giant Maersk finds itself at the center of escalating tensions as its vessel, the Maersk Hangzhou, becomes the target of a missile and small boat swarm by Yemen’s Houthi Group. The assault occurred approximately 55 nautical miles southwest of Al Hodeidah, […]

• BP’s profit plunges to $2.7 billion amid oil & gas price headwinds

  

  7 May 2024

  Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

  BP has recorded a fall in profit on a quarterly and year-over-year (y-o-y) basis driven by the downturn in energy prices.