Search results for: arcadis ost 1

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  • BW LPG forges JV with Confidence Petroleum, invests in LPG onshore terminal in India

    30 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Singapore-based owner and operator of LPG vessels BW LPG Limited has signed agreements with Confidence Petroleum India Limited, including a 50/50 Joint Venture (JV) called BW Confidence Enterprise Private Limited to invest in the development of onshore LPG import infrastructure in India. This JV, based in Mumbai, will collaborate with BW LPG’s trading division and […]

  • Wind-assisted propulsion developers win big in latest CMDC funding round

    26 January 2024
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology, Transition, Vision

    Wind-assisted propulsion developers in the UK have secured major victories in the latest round of the Clean Maritime Demonstration Competition (CMDC), which has assigned £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK. Leading the charge is GT Green Technologies (GT), a UK-based wind propulsion expert, which […]

  • Venice Energy picks new FSRU supplier for Outer Harbor LNG terminal

    20 February 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Vessels

    Australian company Venice Energy has signed a new commercial understanding with AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure, that guarantees that Venice Energy’s Outer Harbor LNG project at Port Adelaide will receive a converted FSRU. The new development was shared by Venice Energy’s Chairman who said the […]

  • Damen’s all-electric SOV with offshore charging capabilities dazzles OEEC’s stage

    18 December 2023
    Vessels

    Damen Shipyards launched its fully electric Service Operations Vessel (SOV) with offshore charging capabilities at this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam. Mark Couwenberg, Product Portfolio Manager SOV, and Rebecca Belmer, Project Engineer Design & Proposal, have shared their insights on how this vessel design was born and the role of industry collaboration in the future.

  • Shipping CEOs call for an end to fossil-only powered newbuilds

    2 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    The Chief Executive Officers (CEOs) of leading global shipping lines have issued a joint declaration at COP 28 calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory conditions to accelerate the transition to green fuels. Their joint declaration calls for the establishment of four […]

  • Masdar and CMA CGM forge green maritime fuels alliance

    30 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    Abu Dhabi-based clean energy company Masdar and French shipping major CMA CGM have signed a strategic supply partnership (SSP) to explore opportunities for long-term green maritime fuels offtake contracts. Masdar revealed the agreement on January 30, stating that the partnership aims to source, supply, and deliver green alternative fuels for CMA CGM’s dual-fuel vessels in […]

  • Frontline completes exit from Euronav as Belgian tanker major opens ‘new chapter’ under Alexander Saverys’ reins

    23 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of a deal with Euronav’s biggest shareholder […]

  • Reach Subsea ‘very optimistic for years ahead’ as it reports record 2023 numbers

    14 February 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 79.5 million ($7.4 million). Revenue […]

  • As Greece’s first FSRU leaves Seatrium shipyard, final gas commissioning works coming shortly

    27 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    Seatrium Limited has delivered the first FSRU conversion project under the Greek flag for operation in the Aegean Sea to GasLog LNG Services.

  • New FLNG sets sail from Seatrium shipyard towards BP’s giant gas project

    20 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP is two months away from welcoming the arrival of an FLNG destined for its LNG project off the coasts of Mauritania and Senegal.

  • ‘Collaborate with non-obvious partners’ – Offshore energy industry talks innovation and speeding things up 

    30 November 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Transition

    The offshore wind industry, now the linchpin between several offshore energy industries, is calling for both innovation and accelerating deployment, while also making sure one does not impede the progress of the other.   In this article:   During the ‘Renewable energy: Innovate or accelerate?’ conference session at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023), […]

  • With $28 billion in the bag, Shell’s 2023 profit attests to oil & gas price slump and LNG trading upturn

    1 February 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Transition

    Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.

  • Floating solar market will be as big as onshore solar sector, says Oceans of Energy CEO

    15 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The industry needs to start shifting its focus from wind farms to energy farms as we have limited space which we need to make use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of wind farm space with floating solar, […]

  • IEEFA warns of overbuild of LNG import infrastructure in South Korea

    1 December 2023
    Market Outlooks, Outlook & Strategy

    A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) has found that South Korea is rapidly developing liquefied natural gas (LNG) import and storage terminals, presenting a high risk of overinvestment and overcapacity. According to IEEFA estimates, the country’s LNG industry is pouring ₩11.3 trillion ($8.7 billion) into an infrastructure build-out […]

  • Petrobras targets reliable subsea production with topside-less technology 

    13 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Brazilian state-owned oil and gas giant Petrobras has appointed a North Carolina-headquartered company to deliver a seal-less canned motor boosting system for its field in the Campos Basin with the aim of enabling reliable subsea production. Curtiss-Wright Corporation has signed a technology cooperation agreement with Petrobras to design, manufacture, test, and provide operational support for a […]

  • Infill drilling campaign off Malaysia almost done, but four more wells may be on the cards

    13 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Jadestone, which is in the process of wrapping up its infill drilling program offshore Malaysia, is contemplating another four-well campaign.

  • 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.

  • Better contracting conditions and high activity back Fugro

    30 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Fugro’s revenue for the third quarter of 2023 is €608.9 million, an increase from €480.2 million reported in the same quarter of 2022 – a result said to be due to better contracting conditions, high activity levels and good project execution. Fugro reported that its revenue was up by 32.6% on a currency-comparable basis, by […]

  • Exclusive interview: Letting energy growth spring free with AI as key to sorting out challenges in oil & gas and renewables

    28 February 2024
    Automation, Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, IT & Software, Research & Development, Technology, Transition

    What lies ahead for oil, gas, and renewable energy in the AI-oriented environment and how will these sources of supply be revolutionized?

  • 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.

  • Shell hands out work on Northern Lights to Norwegian firm

    13 March 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders

    Sensorlink has secured a corrosion monitoring contract with Shell for the Northern Lights carbon capture and storage (CCS) project.

  • EU should not rely on uncertain imports to meet hydrogen targets, study says

    13 February 2024
    Market Outlooks, Outlook & Strategy

    According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evaluate their potential risks and benefits through six case […]

  • World’s first offshore hydrogen pilot returning from sea trials with all objectives ticked off the list

    24 November 2023
    Business Developments & Projects, Research & Development

    Sealhyfe, an offshore hydrogen production pilot launched in 2022 by French company Lhyfe, has completed sea trials and achieved all objectives set at the time of its launch. Following this, the pilot platform will now return to the Quai des Frégates in Saint-Nazaire. Lhyfe launched the world’s first offshore hydrogen production pilot on September 23, […]

  • In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

    17 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

  • Meriaura orders biofuel-powered cargo ship duo

    15 April 2024
    Infrastructure, Vessels

    Finnish shipping company Meriaura has ordered two biofuel-powered Ecotrader cargo ships from Dutch shipyard Royal Bodewes.