3673 results found for 'cgx'

3673 results found for 'cgx'
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  • BP corroborates preliminary results of Rhino’s gas condensate discovery in Namibian waters

    21 October 2025
    Business Developments & Projects, Exploration & Production

    BP has backed the disclosed findings related to a recent gas condensate discovery, which Rhino Resources, an African energy exploration player, made off the coast of Namibia, with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

  • Chinese duo to develop brand-new 20,000 cbm LNG bunkering vessel

    11 August 2025
    Business Developments & Projects, Collaboration, Innovation, Vessels

    China’s Dalian Shipbuilding Offshore Co. (DSOC) and compatriot Zhongnen Fuel Injection Technology have inked a deal to construct a 20,000 cubic meters (cbm) liquefied natural gas (LNG) bunkering vessel, said to be the ‘first’ independently developed unit of its type in the country. As disclosed, the vessel will also be the inaugural ship in China […]

  • North Sea FPSO closing in on restart date

    8 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    UK-based upstream oil and gas player Serica Energy is engaged in talks with Dana Petroleum to come up with a way to improve the performance of a floating production, storage, and offloading (FPSO) vessel, which is being prepared to resume limited production from Serica’s North Sea asset on the UK Continental Shelf (UKCS).

  • Namibia richer for gas condensate discovery as ‘high liquid-yield’ comes to light

    1 October 2025
    Business Developments & Projects, Exploration & Production

    African energy exploration player Rhino Resources has made a gas condensate discovery off the coast of Namibia, thanks to drilling activities undertaken with a semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

  • Port of Malaga marks first bio-LNG refueling operation with MSC and Axpo

    2 October 2025
    Business Developments & Projects, Ports & Logistics, Vessels

    The Spanish Port of Málaga has carried out its first bunkering operation of bio-liquefied natural gas (bio-LNG), having supplied a container vessel owned by Swiss maritime transport giant Mediterranean Shipping Company (MSC) with this alternative fuel. As disclosed, the Liberia-flagged MSC Gabon refilled with bio-LNG at the Spanish port on September 24, marking Málaga’s next […]

  • Harbour Energy offloads offshore gas assets in Southeast Asia

    8 December 2025
    Business & Finance, Business Developments & Projects

    London-listed oil and gas company Harbour Energy has set the wheels in motion to divest natural gas assets off the coast of Indonesia for a cash consideration of $215 million.

  • China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes

    31 October 2025
    Collaboration, Ports & Logistics, Transition

    China and France have put pen to paper on an agreement to establish a green shipping corridor with the aim of accelerating efforts within the maritime decarbonization landscape, French classification society Bureau Veritas (BV) has revealed. As disclosed, the green shipping corridor is envisaged to be set up between China’s Ningbo Zhoushan Port and the […]

  • JERA bags its first multi-year LNG offtake deal outside Japan

    9 December 2025
    Business & Finance, Business Developments & Projects

    Japan’s energy major JERA has tucked under its belt a decade-long liquefied natural gas (LNG) supply agreement, which is said to be its first long-term LNG sale and purchase agreement (SPA) to supply LNG outside Japan.

  • Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done

    7 August 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    Switzerland-headquartered renewable energy producer Axpo has wrapped up what it described as Spain’s first bio-LNG ship-to-ship (STS) bunkering operation within the large container shipping segment. As disclosed, the supply of biological liquefied natural gas was conducted on August 7 at the Port of Algeciras. The initiative reportedly involved an STS transfer of over 4,000 cubic […]

  • TGS and Viridien begin seismic survey in ‘strategic area of underexplored’ Brazilian basin

    5 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Project & Tenders

    Norwegian energy data and intelligence company TGS and France-based geophysical services company Viridien, formerly known as CGG, have begun a 5,300 square kilometers multi-client 3D seismic survey offshore Brazil. The joint venture partners announced on September 4 the commencement of the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil. TGS will deploy […]

  • HD KSOE broadens presence in Vietnam with new strategic acquisition

    25 August 2025
    Business Developments & Projects, Outlook & Strategy

    South Korean HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai’s shipbuilding division, has decided to expand its footprint in Southeast Asia by acquiring Doosan Vina, an arm of Vietnam-based Doosan Enerbility. As disclosed, HD KSOE signed a stock purchase agreement with Doosan Enerbility on August 20. The deal […]

  • AD Ports launches Luanda port terminal project, focused on modernization and sustainability

    23 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Technology, Transition

    AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal, signaling the beginning of a modernization and expansion effort at the Port of Luanda, Angola.

  • TGS and Viridien finish survey over BP’s Gulf of America field

    19 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS and French geophysical services company Viridien, formerly CGG, have completed the acquisition of an ultra-long offset ocean bottom node (OBN) survey in the Gulf of America (Gulf of Mexico). The Laconia Phase III ultra-long offset OBN survey includes coverage of the 100% BP-owned Kaskida field, discovered in 2006, and […]

  • Finnish cleantech company Hycamite receives financial backing from CMA CGM

    31 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Green Marine, Research & Development, Technology

    Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.

  • Greener or dirtier? Study shows biofuels exceed fossil fuels in CO2 output

    9 October 2025
    Environment, Transition

    On a global scale, the utilization of biofuels has led to a greater uptick in carbon dioxide (CO2) emissions than the fossil fuels that they are envisioned to replace, a new study done on behalf of Europe’s Transport & Environment (T&E) suggests. The report, which was released by consultancy firm Cerulogy on behalf of T&E, […]

  • India vows nearly $8B to boost its shipbuilding and maritime ecosystem

    25 September 2025
    Authorities & Government, Infrastructure, Transition

    The government of India has approved a package encompassing a whopping ₹697.25 billion (approximately $7.86 billion) aimed at rejuvenating the South Asian nation’s shipbuilding and the overall maritime ecosystem. As disclosed by India’s Ministry of Ports, Shipping and Waterways (MoPSW), the financing represents a four-pillar approach that was crafted with a vision to breathe new […]

  • UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

  • MOL puts financing in place for Singapore’s second LNG terminal

    24 December 2025
    Business & Finance, Business Developments & Projects

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has struck a finance deal for a floating storage and regasification unit (FSRU), which will be deployed in Singapore, Asia.

  • Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

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

    UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (UKCS).

  • European maritime and nuclear players ink strategic cooperation agreement

    6 November 2025
    Business Developments & Projects, Collaboration, Environment, Safety, Transition

    France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration of Cooperation for Accelerating Nuclear for Maritime Applications to meet Climate Ambitions”, the agreement was […]

  • Rig and drilling site search next on Inpex’s deepwater oil & gas exploration agenda in Malaysia

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

    Seascape Energy Asia, a wholly owned subsidiary of Southeast Asia-focused E&P company Seascape Energy, has confirmed the green light for the entry into the second exploration phase of a production sharing contract (PSC) for a deepwater block, operated by Japan’s Inpex, enabling the drilling of a prospect off the coast of Sarawak, Malaysia.

  • South Korean and US ports formalize green shipping corridor agreement

    7 November 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Transition

    South Korea’s Busan Port Authority (BPA) and the Ulsan Port Authority and the United States’ Northwest Seaport Alliance (NWSA), the Port of Tacoma (PoT) and the Port of Seattle have penned a formal agreement aiming to strengthen efforts in establishing a green shipping corridor. As officials from environmental organization Pacific Environment have shared, the NWSA […]

  • Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

    9 December 2025
    Business & Finance, Business Developments & Projects, Vessels

    Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.

  • AD Ports, Nimex Terminals to establish LNG, LPG terminal hubs at Khalifa Port

    5 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    The UAE-based terminal operator AD Ports Group and Nimex Terminals, an affiliate of the global trading organization Nimex Petroleum Group, have signed two long-term agreements to establish liquefied natural gas (LNG) and liquefied petroleum gas (LPG) terminal hubs at Khalifa Port.

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.