10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Quadruple or quicksand? DNV report flags CCS at ‘critical’ juncture

    13 June 2025
    Carbon Capture Usage & Storage, Technology, Transition

    The carbon capture and storage (CCS) sector is approaching a ‘decisive’ turning point, with global capacity on track to grow fourfold by 2030, Norway’s classification society DNV has highlighted in a new report. Up to the end of the decade, DNV has shared in its “Energy Transition Outlook: CCS to 2050” report, cumulative investment in […]

  • Brazilian duo reaches $65M deal on sharing gas processing assets

    6 June 2025
    Business Developments & Projects

    Brazilian oil and gas company Petroreconcavo has signed a purchase and sale agreement (PSA) with 3R Potiguar, a subsidiary of compatriot player Brava Energia, for the acquisition of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte

  • Maritime Partners enters ferry sector with SWITCH Maritime hydrogen deal

    25 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vessels

    Maritime Partners has closed a sale-leaseback refinancing of the hydrogen-powered passenger ferry Sea Change, developed by SWITCH Maritime, marking the company’s entry into the ferry sector.

  • Northern Lights: Third and fourth LNG-fueled LCO2 carriers see first light of day

    21 August 2025
    Transition, Vessels

    China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has launched two new liquefied carbon dioxide (LCO2) carriers built for Northern Lights, a joint venture (JV) between energy players Shell, Equinor and TotalEnergies. As revealed by Northern Lights in a social media post, the two new ships that were launched from the […]

  • Marubeni unveils investment in Gearbulk

    2 June 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Japanese sōgō shōsha Marubeni Coporation has decided to invest in Gearbulk Holding AG, the world’s ‘largest’ open hatch shipping operator, based in Switzerland.

  • SHI starts assembling Canada-bound FLNG

    10 June 2025
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    The Samsung Heavy Industries (SHI) shipyard in South Korea has hosted a topside steel cutting ceremony for a floating liquefied natural gas (FLNG) vessel that will form part of an LNG project being developed near Kitimat in British Columbia, Canada.

  • 2015-built flotel going to work at Shell’s deepwater asset in Nigeria

    28 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Nortrans, a Singapore-based offshore and shipping player, in partnership with Temile Development Company, has secured a new assignment for a 2015-built maintenance and support unit, part of its managed fleet, which will head to Africa for its new job at a deepwater field off the coast of Nigeria.

  • MODEC’s FPSO destined for Brazil to sport Norwegian compressors

    10 November 2025
    Business Developments & Projects, Project & Tenders

    Norway-based TMC Compressors has won a contract to supply a marine compressed air system for a floating production, storage, and offloading (FPSO) unit under construction by Japan’s MODEC.

  • Venture Global continues LNG spree with 20-year Mitsui deal

    12 November 2025
    Business Developments & Projects, Project & Tenders

    Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Japan’s Mitsui & Co.

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

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

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • $360M investment to be made for first phase of South Korean subsea cable manufacturing plant

    18 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened the first phase of its first submarine cable plant that produces inter-array cables, […]

  • BW LPG wraps up $595M financing to support fleet and balance sheet strategy

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

    Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving credit facility, which is backed by seven banking partners. Simultaneously, BW LPG […]

  • Meyer Werft picks TMC compressors for Carnival’s LNG-powered cruise ships

    13 June 2025
    Business Developments & Projects, Equipment, Green Marine, Infrastructure, Technology, Vessels

    German shipbuilder Meyer Werft has selected Norway-based TMC Compressors to supply the marine compressed air system for two cruise ships being built for Carnival Cruise Line, part of cruise giant Carnival Corporation.

  • Echandia to supply battery systems for Spliethoff Group’s eco-friendly cargo ships

    28 October 2025
    Business Developments & Projects, Equipment, Technology, Vessels

    Swedish maritime battery system provider Echandia has signed an agreement to supply energy storage systems for at least eight newbuild cargo vessels to be owned by Dutch shipping company Spliethoff Group. As disclosed, the contract includes the option to equip an additional pair of cargo vessels with the battery systems. The units are presently under construction […]

  • Japanese duo starts building Shell’s Brazil-bound FPSO

    30 June 2025
    Business Developments & Projects, Project & Tenders

    The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.

  • HKN to track marine ecosystem ahead of offshore solar rollout

    22 July 2025
    Business Developments & Projects, Environment, Equipment, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development, Technology

    Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the world’s first integrated offshore solar-wind farm, Nymphaea Aurora. The […]

  • MODEC delivers another piece of puzzle for Guyana-bound FPSO

    25 July 2025
    Business Developments & Projects, Project & Tenders

    Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant.

  • Hy2gen gets zoning approval for renewable ammonia plant in Norway

    26 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition

    Hy2gen Nordic has been granted zoning approval for the Iverson renewable ammonia plant at the Birkeland industrial site by the municipal council of Sauda, Norway.

  • Eastern Pacific Shipping receives eco-friendly VLGC from Samsung Heavy Industries

    9 September 2025
    Business Developments & Projects, Vessels

    Singapore-based shipowner Eastern Pacific Shipping (EPS) has taken delivery of an environmentally friendly very large gas carrier (VLGC) from South Korea’s shipbuilding heavyweight Samsung Heavy Industries (SHI). As disclosed in a social media post, the vessel—christened Rosablanche—was handed over fitted with Babcock International Group’s LGE business’s cargo handling system (CHS), as well as the company’s […]

  • 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.

  • More oil & gas drilling ops in the pipeline offshore Australia

    19 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Cooper Energy (CH), a subsidiary of Cooper Energy that rebranded itself as Amplitude Energy in November 2024, has submitted its environment plan (EP) to the Australian offshore regulator for drilling activities off the coast of Australia.

  • Key Insights of the DMEC Market Report on Innovative Offshore Renewable Energy Technologies

    22 August 2025
    Business Developments & Projects, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Transition, Vision

    DMEC’s 2024/2025 Market Report Chapter 1 on Innovative Offshore Renewable Energy Technologies offers a unique and comprehensive overview of the latest innovations and their global developments. It includes insights on the key following offshore renewable energy technologies: tidal, wave, offshore solar, offshore floating wind energy (and salinity gradient & ocean thermal energy conversion (OTEC)). The […]

  • BC Ferries’ new battery-powered ship touches water at Damen Galati yard

    27 May 2025
    Infrastructure, Vessels

    Romania-based Damen Shipyards Galati, part of Dutch shipbuilder Damen Shipyards Group, has launched the latest Island class ferry for Canadian ferry company BC Ferries.

  • Odfjell-managed rig swings into action for wildcat offshore Namibia

    1 August 2025
    Business Developments & Projects, Exploration & Production

    Rhino Resources and its partners have started spudding an exploration well in a license in Namibia’s Orange Basin.

  • Local player joining Malaysia’s third FLNG project

    21 July 2025
    Business Developments & Projects, Project & Tenders

    Petronas LNG, a subsidiary of Malaysia’s state-owned giant Petronas, has signed a heads of agreement (HoA) with compatriot SMJ Energy, enabling the latter to participate in a floating liquefied natural gas (FLNG) project off the coast of the Malaysian state of Sabah.