10000 results found for 'GTT'

10000 results found for 'GTT'
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  • India establishes dedicated maritime finance corporation to boost innovation

    4 July 2025
    Authorities & Government, Business & Finance, Transition

    India’s Ministry of Ports, Shipping & Waterways (MoPSW) has officially inaugurated the Sagarmala Finance Corporation Limited (SMFCL), the country’s first non-banking financial company (NBFC) in the maritime sector. Initially envisaged to be named Sagarmala Development Company Limited, SMFCL is anticipated to play a ‘significant’ role in India’s maritime infrastructure development, in line with the Amrit […]

  • Second LNG-powered ferry joins TT-Line’s fleet

    26 June 2025
    Business Developments & Projects, Infrastructure, Vessels

    Australia’s ferry services provider TT-Line Company has welcomed the second and final LNG-powered car and passenger (RoPax) ferry built by Finland’s Rauma Marine Constructions (RMC), completing what was described as one of the largest bilateral export projects between the two countries.

  • GT Wings: First AirWing-fitted ship sets sail

    4 March 2025
    Business Developments & Projects, Green Marine, Technology, Vessels

    UK’s GT Wings has installed its first AirWing wind propulsion system onboard a general cargo vessel owned by Carisbrooke Shipping, reaching “a major milestone in sustainable shipping”.

  • Chinese shipbuilder hands over first 175,000 cbm LNG carrier to ADNOC L&S

    28 November 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    ADNOC Logistics & Services (ADNOC L&S) has taken delivery of the first newbuild LNG carrier from Jiangnan Shipyard in China.

  • FPSO gets at least 18 more months of work offshore Asia

    31 December 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    A floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Vietnam, has secured further work in the Cuu Long Basin in Southeast Asia, where it has been operating for a decade.

  • More US LNG coming to market in mid-April with start-up of commercial ops at Calcasieu Pass

    19 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.  

  • New player coming aboard America’s LNG export project in Louisiana ahead of FID

    10 April 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    MidOcean Energy is expanding its LNG footprint by setting the wheels in motion to get its hands on a stake in an LNG export terminal on Louisiana’s Gulf Coast, United States.

  • UK issues carbon storage permits for CCS project in Liverpool Bay

    25 April 2025
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Operations & Maintenance, Project & Tenders, Regulation & Policy, Storage, Technology

    The UK’s North Sea Transition Authority (NSTA) has issued three carbon storage permits to Italy’s oil & gas giant Eni for the HyNet carbon capture and storage (CCS) project in Liverpool Bay, enabling the development of a 109 million tonne CO2 storage system over 25 years. According to NSTA, this marks the second such approval […]

  • Thai player signs up for Alaskan LNG

    24 June 2025
    Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has signed a cooperation agreement with Thailand’s state-owned oil and gas company PTT for participation in the liquefied natural gas (LNG) export project it is developing in Alaska.

  • GTT inks FSRU deal and sheds more light on new ballast distribution solution

    12 November 2024
    Business Developments & Projects, Innovation, Research & Development, Technology

    French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by a South Korean shipyard to design tanks for a new floating storage and regasification unit (FSRU). The firm also shared additional details about the new design for liquefied natural gas (LNG) carrier tanks which it presents as a way to boost efficiency and cut costs.

  • New horizons: India pledges $23.8B support to revamp domestic maritime industry

    14 March 2025
    Authorities & Government, Infrastructure, Ports & Logistics, Vision

    The Indian government said it has ₹2 trillion (around $23.8 billion) allocated to expand domestic shipbuilding capabilities, breathe new life into the country’s maritime industry and position India among the top five shipbuilding nations by 2047. As informed, this latest effort aligns with the “Maritime India Vision 2030” and the “Maritime Amrit Kaal Vision 2047” […]

  • Activity heats up at Britain’s port in support of giant oil & gas development project

    7 May 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Lerwick Harbour, situated at the crossroads of the North Sea and Northeast Atlantic, has confirmed an uptick in preparations for servicing Equinor’s first development phase of a controversial oil and gas field on the UK Continental Shelf (UKCS).

  • MISC tied to $312M HD Hyundai deal for ‘world’s largest’ ethane carriers

    5 March 2025
    Vessels

    MISC Berhad (MISC), Malaysia’s energy-related maritime services provider, has been linked to an order for two dual-fuel very large ethane carriers (VLECs) to be built by South Korea’s titan HD Hyundai Heavy Industries. As confirmed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) in a stock exchange filing, the two ethane carriers are set […]

  • Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 billion backlog: Is rig demand tapering off?

    13 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.

  • North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

    25 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS).

  • Public input requested for proposed tweaks to Canada’s $4B LNG project

    1 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s floating LNG (FLNG) processing facility and marine export terminal near Kitimat in British Columbia, Canada.

  • US oil & gas player gets cracking on development studies as two out of three Gulf of Mexico wells yield hydrocarbons

    5 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S.-headquartered privately owned exploration and production company LLOG Exploration has started the ball rolling on development studies for two hydrocarbon-bearing wells in its three-well exploration/appraisal campaign. The wells are located in the U.S. Gulf of Mexico, which is being renamed the Gulf of America. After LLOG disclosed plans to spud the Who Dat East appraisal/exploration well and the Who Dat South exploration […]

  • UK’s GT Wings readies to debut AirWing technology to accelerate maritime decarbonization

    22 January 2025
    Business Developments & Projects, Technology

    UK’s wind propulsion technology provider GT Wings, in collaboration with shipping company Carisbrooke Shipping, University of Bristol, and supported by Innovate UK and the UK Department for Transport, has announced the launch of the AirWing propulsion system.

  • Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe

    13 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation, Safety, Vessels

    As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.

  • Noble rig quartet’s drilling gigs contribute to total backlog of $5.8 billion

    18 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Noble Corporation has won drilling assignments with Tullow in Ghana, Petronas in Suriname, Shell in the Americas, an undisclosed firm in the U.S. Gulf, and Chevron in Australia for four floaters.

  • Poland’s FSRU project taking shape as onshore segment makes new inroads

    2 June 2025
    Business & Finance, Business Developments & Projects

    Poland’s gas transmission system operator, Gaz-System, has disclosed progress in the construction of the onshore section of the country’s floating storage and regasification unit (FSRU) in the Gulf of Gdańsk.

  • ‘Significant milestone’ for BP’s mega gas project as FLNG moves to commercial ops

    23 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Golar LNG has opened the doors to a multibillion-dollar backlog, thanks to a floating LNG (FLNG) unit, which has ticked off its task list a commercial operations date (COD) at a huge gas project in African waters, operated by the UK-headquartered BP.

  • Projects exploring ammonia bunkering in Norway receive Enova funding boost

    4 February 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Project & Tenders, Research & Development

    Norwegian government enterprise Enova has picked 15 projects investigating investments in ammonia bunkering facilities along the Norwegian coast to receive pre-project support.

  • LNG strengthens foothold as ‘clear choice’ in alternative fuels orderbook

    2 July 2025
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    While the overall newbuild market is experiencing a slower growth rate, the alternative fuels orderbook saw a total of 151 vessel orders in the first half of 2025, with LNG dominating as the “clear fuel of choice” and accounting for more than half of the orderbook, according to data from classification society DNV.

  • Acquisition activity brings busy spell for TGS in Northern Europe

    9 May 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway-based energy data and intelligence player TGS has reported a ramp-up in acquisition activity within Northern Europe, keeping the firm occupied during the summer season.