4072 results found for 'GTT group'

4072 results found for 'GTT group'
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  • Millions committed to bring Southeast Asian gas field to life

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indonesia.

  • Potential imbalance in oil demand and supply on the cards

    29 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost, demand could fall.

  • Indian player to receive LNG from Trafigura under multi-year deal

    11 August 2025
    Business Developments & Projects, Project & Tenders

    Global commodity trading group Trafigura has signed a liquefied natural gas (LNG) supply agreement with the state-owned Indian Oil Corp (IOC).

  • UK-US duo buying Europe’s ‘largest’ LNG regasification facility

    14 August 2025
    Business & Finance, Business Developments & Projects

    U.K.-based energy company Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have set the wheels in motion to acquire the liquefied natural gas (LNG) terminal in Kent County, UK, from British electricity and gas utility, the National Grid group.

  • All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

    10 October 2025
    Regulation & Policy, Rules & Regulation

    Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

  • Name change marks new phase in Malaysian firm’s restructuring efforts

    4 August 2025
    Business Developments & Projects, Outlook & Strategy

    Malaysian oil and gas services provider formerly known as Sapura Energy has rebranded, marking the start of a strategic transformation aimed at restoring financial and operational strength.

  • Electromagnetic Geoservices in process to buy OSCV Siem Day

    13 August 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Electromagnetic Geoservices’ (EMGS) vessel Atlantic Guardian has completed the second of two proprietary surveys in India and started its journey toward Norway where it will perform a multi-client campaign. The Norwegian company received a letter of award (LoA) for a controlled-source electromagnetic (CSEM) survey in India in January, followed by the signature of the final […]

  • EU backs CorPower’s next wave energy step with €40M grant

    23 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Vision

    Swedish wave energy developer CorPower Ocean has secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal. The VianaWave project will comprise 30 wave energy converters (WECs), grouped in a CorPack array, expected to generate around 30 GWh […]

  • Energy outlook: 12 trends set to shape 2026 power spectrum

    2 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including the role of fossil fuels and new energies in meeting growing power demand from data centers.

  • New 500 kV submarine cable contract to keep ZTT busy offshore China

    31 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    ZTT Submarine Cable & System (ZTTSC) has secured a 500 kV submarine cable contract for Shenzhen Energy’s 500 MW Honghai Bay VI offshore wind project in China. The engineering, procurement, construction, and installation (EPCI) contract encompasses 94 kilometers of 500 kV 3-core HVAC submarine cables to connect the wind turbines, which will be installed more […]

  • Wave energy picks up pace as CorPower Ocean lands two new investors

    17 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    Swedish wave energy developer CorPower Ocean has secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round. The investment builds on CorPower’s earlier €32 million Series B1 raise, supporting efforts to scale wave energy […]

  • Malaysia’s Sapura Energy nets $118M in contracts with long-term Thai clients

    25 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Malaysian oil & gas services provider Sapura Energy has secured new contracts with Chevron’s Thailand subsidiaries, as well as with Thai national oil & gas company PTT Exploration and Production (PTTEP), that together have a value of over RM 500 million (roughly $118 million). The contracts with these long-term clients in Thailand were awarded to Sapura […]

  • Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight

    31 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of oil output from two more platforms. As environmental groups are opposed to the restart of the platform trio, a legal challenge is underway, with new supporters entering the pool of members after a federal court enabled more groups to join the legal fight with Sable and ExxonMobil.

  • Naftogaz teams up with Baker Hughes to modernize Ukrainian energy sector

    11 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Ukraine’s state-owned energy company Naftogaz has signed a memorandum of understanding (MoU) with U.S.-headquartered energy technology giant Baker Hughes to explore opportunities for fortifying the energy sector in Ukraine.

  • Seatrium secures $400 million sustainability-linked credit facility

    16 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).

  • UK chooses winners of Clean Maritime Demonstration Competition 6

    25 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Transition

    The UK government has allocated a £30 million (about €34.4 million) funding to decarbonize shipping and power up local economies.

  • WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

    17 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

  • Brevik becomes home to new onboard carbon capture project

    16 July 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Ports & Logistics, Vessels

    Seabound, a UK-based marine carbon capture player, has launched what it claims to be a “first-of-its-kind” onboard carbon capture project together with the Hartmann Group, ship management company InterMaritime Group and Heidelberg Materials Northern Europe. As disclosed, the carbon capture system (CCS) has been fitted onto the UBC Cork, a 5,700 GT cement-carrying vessel owned […]

  • Ascenz Marorka and Emerson partner on smart ship solutions

    27 May 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    Ascenz Marorka and Emerson Marine Solutions have entered a strategic partnership to enhance fuel efficiency, transparency, operational performance, and sustainability within the maritime sector.

  • LNG-fueled BYD Xi’an, one of the world’s biggest car carriers, threads through Suez Canal

    17 July 2025
    Authorities & Government, Ports & Logistics, Safety, Vessels

    Chinese plug-in hybrid electric vehicle manufacturer BYD’s roll-on/roll-off (RoRo) car carrier BYD Xi’an, hailed as one of the largest ships of its type in the world, has passed through the Suez Canal on its maiden voyage. The 219-meter-long vessel was launched in April this year, back-to-back with the sister ship, BYD Shenzhen, embarking on its […]

  • ABB, Royal Caribbean enter long-term service pact to ‘boost’ vessel efficiency

    4 July 2025
    Business Developments & Projects, Collaboration, Safety, Vessels

    Swedish-Swiss technology company ABB has inked a fifteen-year service agreement with the Florida-headquartered cruise holding company Royal Caribbean Group to improve vessel efficiency and tighten collaboration on maritime decarbonization. As informed, the deal encompasses 33 existing ships. The agreement reportedly covers preventive maintenance and digital solutions to support and ‘optimize’ propulsion operations, boost the vessels’ […]

  • Minesto slashes costs, closes Wales office in major reorganization

    10 July 2025
    Business & Finance, Business Developments & Projects, Human Capital, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vision

    Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports a 35% reduction in fixed costs as a result. Minesto has shut down its Holyhead office […]

  • Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security.

  • Two more multimillion-dollar vessel gigs land on DOF’s task list in Brazilian waters

    30 June 2025
    Business & Finance, Business Developments & Projects, Vessels

    DOF Group has won another set of long-term assignments off the coast of Brazil for one of its anchor handling tug supply (AHTS) vessels and a remotely operated vehicle (ROV) support vessel (RSV), with the country’s state-owned energy giant Petrobras.

  • Port of Hamburg: €1.1B for modernization of container terminal ops

    14 July 2025
    Infrastructure, Ports & Logistics

    An investment of about €1.1 billion in the Port of Hamburg’s infrastructure expansion has been unveiled – a move that would secure the port’s competitiveness and pave the way to climate neutrality.