10000 results found for 'elgin'

10000 results found for 'elgin'
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  • Swedes inviting €1M investment to fund wave energy prototype

    29 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Research & Development, Technology, Vision

    Sweden’s Ocean Harvesting Technologies is undertaking a €1 million share issue for the period 2026-2027 to finance the development and prototype testing of its wave energy converter (WEC). InfinityWEC is being developed under the ongoing INFINITY and WECHull+ EU-funded collaboration projects, with the first focusing on the power take-off (PTO) and control system and the […]

  • Finland-bound multi-fuel open deck carrier to be built in China

    27 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Finnish shipping company Meriaura has placed an order with a Chinese shipyard for a next-generation open deck carrier which will sport advanced multi-fuel engines designed for easy upgrades to operate on future low or zero-carbon fuels. The shipbuilding contract for the 6800 DWT open deck carrier was signed with the Jiangsu Zhenjiang shipyard, with delivery […]

  • Maersk enriches fleet with another methanol-powered vessel

    3 February 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Danish shipping and logistics titan A.P. Moller – Maersk has taken delivery of the first in a new series of six dual-fuel mid-size container vessels being constructed at a Chinese shipyard. The Tangier Mærsk was delivered from Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, three months ahead of schedule as part of an order placed […]

  • Asian duo shakes hands on setting up modular EPC and fabrication manufacturing shop in India

    2 February 2026
    Business & Finance, Business Developments & Projects, Collaboration

    AG&P Industrial, a subsidiary of Singapore’s AG&P Group, has joined forces with Pragati Infra Solutions (PISL), an engineering, procurement, and construction (EPC) and infrastructure development company, to establish India’s first advanced modular EPC and fabrication manufacturing facility in Andhra Pradesh.

  • Work begins on 203-kilometer Scottish HVDC transmission link

    5 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Both onshore and offshore enabling works have commenced for the development of the 2 GW Spittal to Peterhead subsea cable link project in Scotland, which will support national clean power and energy security ambitions. The 203-kilometer high-voltage direct current (HVDC) link will connect the Banniskirk Hub substation development in Caithness to the Netherton Hub in […]

  • Tripartite collab to develop 1 MW ammonia-to-power system for low- and zero-carbon vessels

    28 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    A tripartite collaboration has been launched to develop and commercialize a 1 MW-class ammonia-to-power system for vessels, designed to replace conventional marine diesel generators as it converts ammonia into hydrogen, which powers proton exchange membrane fuel cells (PEMFCs) to produce electricity without combustion.  The joint development project (JDP) has been established by South Korea-based VINSSEN, a maritime specialist […]

  • WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

    12 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Equipment, Exploration & Production, Innovation, Transition

    McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought to market with reduced infrastructure and complexity to support the energy transition journey.

  • Stena Drilling ups GHG abatement ante as 2024-built drillship gets DNV’s notation

    5 February 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Transition

    Scotland-headquartered offshore drilling contractor Stena Drilling has received DNV’s Abate (P+) notation for one of its drillships, underscoring the rig owner’s efforts to cut greenhouse gas (GHG) emissions across its operations.

  • Shell hires Subsea7 for deepwater development offshore Louisiana

    30 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Subsea7 has been awarded a contract by Shell for a deepwater development located some 210 kilometers offshore Louisiana in the U.S. The scope of work includes the transportation and installation of a subsea umbilical, riser, and a rigid flowline in water depths of up to 1,650 meters for the Kaikias Waterflood project in the Mars-Ursa […]

  • Pipe producer tightens its grip on giant Black Sea project with double contract win

    4 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Tenaris, a Luxembourg-headquartered manufacturer and supplier of steel pipe products and related services, has scored a double win for the third phase of Türkiye’s largest natural gas field development, building on its work on the earlier phases of the project. As part of two contracts secured with Türkiye Petrolleri Anonim Ortaklığı (TPAO), Tenaris will supply […]

  • QatarEnergy hands out FEED job for LNG project to Chiyoda

    21 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Japanese engineering company Chiyoda Corporation has landed a new liquefied natural gas (LNG) assignment with QatarEnergy LNG, which is acting as an agent for Qatar’s state-owned oil & gas giant QatarEnergy.

  • Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm

    4 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has struck a deal to offload a minor interest in an oil and gas development off the coast of Brazil to Energy Development Corporation (EDC), an affiliate of Kuwait Foreign Petroleum Exploration Company (KUFPEC), which is a subsidiary of Kuwait Petroleum Corporation (KPC).

  • $11 billion US Gulf Coast project brokers 20-year LNG and gas deals with Mercuria

    4 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Mercuria, an independent energy and commodity trader, has hammered out liquefied natural gas (LNG) sale and gas supply agreements with an LNG export project under development in Louisiana, which is being brought to life by America’s integrated gas and LNG company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge and comprising Caturus Energy (formerly Kimmeridge Texas Gas) and Commonwealth LNG.

  • Stena RoRo orders new generation, future-proof vessels from China

    28 January 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Swedish shipping company Stena RoRo has placed an order with China Merchants Industry (CMI) for a new generation of RoRo vessels, comprising two firm C-Flexer-type vessels with options for an additional four. The new C-Flexer design features a highly developed hullform, multi-fuel engines, and a scalable battery-hybrid system, ensuring that the vessels are future-proofed and […]

  • Another approval in for multi-fuel and OCCS-ready bulk carrier

    28 January 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vessels

    Shortly after securing one from the Japanese classification society ClassNK, Oshima Shipbuilding has been awarded approval in principle (AiP) from Lloyd’s Register (LR) for its Ultramax bulk carrier design, ready for multiple alternative fuels and onboard carbon capture and storage (OCCS). The AiP covers a 64,000 dwt bulk carrier concept developed to accommodate multiple future fuel […]

  • Wärtsilä fuel-flexible engines ordered for new Brazilian duo

    26 December 2025
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels

    Finnish technology group Wärtsilä has been appointed by Brazilian operator AMAGGI to supply fuel-flexible engines for two new pusher tugs that are under construction. The vessels are being built at the Beconal shipyard in Manaus, Brazil, and will each operate with two Wärtsilä 20 engines, equipped with a Wärtsilä Data Collection Unit (WDCU). According to Wärtsilä, […]

  • DeepOcean concludes operations at US offshore wind project

    23 January 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Ocean services provider DeepOcean has completed trenching and survey operations at a U.S. offshore wind project under a contract awarded by what it says is a global provider of engineering, procurement, construction and installation (EPCI). DeepOcean’s scope of work included trenching and surveying of the inter-array cables that connect turbines to the offshore substations. A […]

  • Wood clinches multimillion-dollar extension for mega gas project in Australia

    20 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Scotland-headquartered engineering and consulting company Wood has obtained a long-term contract extension for a giant gas project situated on Australia’s northwest coast with the country’s energy giant, Woodside Energy.

  • McDermott takes on EPCI job at ADNOC’s oil expansion project

    22 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    McDermott has landed a major assignment, worth between $750 million and $1 billion, for an expansion project designed to boost offshore oil production at a development operated by the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC).

  • South Koreans join in Canadian LNG project

    20 January 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with Canadian firm Fermeuse Energy to jointly advance the Newfoundland and Labrador liquefied natural gas (LNG) development project in Canada. As part of the partnership, Hanwha will be a long-term strategic partner to Fermeuse Energy, supporting the project’s development, engineering, financing, shipbuilding, […]

  • ONGC and Petronet fortfying India’s LNG value chain

    28 January 2026
    Business & Finance, Business Developments & Projects, Collaboration

    India’s state-owned energy giant Oil and Natural Gas Limited (ONGC) has pooled resources with Petronet LNG Limited (PLL) to strengthen the country’s liquefied natural gas (LNG) value chain.

  • MOL-ONGC deal puts Samsung Heavy Industries on very large ethane carrier pair construction duty

    28 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has struck a charter deal with India’s state-owned Oil and Natural Gas Company (ONGC), which enables South Korea’s Samsung Heavy Industries (SHI) to build two very large ethane carriers (VLECs).

  • TotalEnergies reboots $20 billion LNG project after years-long hiatus

    29 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.

  • Spanish scale-up enters Norway, brings its ammonia-to-hydrogen technology

    22 January 2026
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vessels, Vision

    Spanish scale-up company H2SITE has launched a subsidiary in Norway to focus on deploying its ammonia-to-hydrogen systems in the maritime sector and accelerate vessel decarbonization. Through H2SITE Norway AS, based in Bergen, H2SITE is looking to supply onboard cracking systems to Norwegian companies that deliver high-purity hydrogen that can be supplied directly to fuel cells […]

  • After Beam, Swiss technology group buys German subsea firm

    19 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    Swiss technology group Rosenxt Group is looking to strengthen its subsea capabilities with the acquisition of a Germany-headquartered provider of ocean bottom seismometers (OBS) and subsea monitoring technology. The combination of Rosenxt’s experience in asset integrity with K.U.M. Umwelt- und Meerestechnik Kiel’s field-proven monitoring and instrumentation systems is said to create an integrated offering for […]