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wind propulsion
Business Developments & Projects

France experiences wind propulsion boom in 2024

The French sailing fleet now comprises eleven large cargo ships, with four new wind-powered vessels added to the fleet in 2024, Association Wind Ship revealed.

about 1 year ago
Cedar LNG artist's rendering - View looking south from above Douglas Channel towards the proposed facility and docked LNG carrier; Source: Cedar LNG
Authorities & Government

Canada’s $4 billion LNG project facing another legal challenge

Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development.

about 1 year ago
Illustration; Source: Santos
Authorities & Government

Santos’ hook-up of new well to existing gas hub offshore Australia gets the all-clear

Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable it to bring online a new well off the coast of Australia to bolster gas production from existing assets.

about 1 year ago
Viridien, TGS complete OBN survey in 'mature region' of North Sea
Business & Finance

Viridien, TGS complete OBN survey in ‘mature region’ of North Sea

Joint venture partners Viridien, previously known as CGG, and TGS have completed the multi-client Sleipner ocean bottom node (OBN) survey, as well as delivered the final processed data expected to be valuable to explorers operating in the area for years to come. The survey, the second of two dense m

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Fossil Energy

Gazprom greenlights $15 billion investment plan to bolster gas production capacity

Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

about 1 year ago
APM Terminals
Business Developments & Projects

With expansion complete, MedPort Tangier doubles down on trade efficiency

As it is gearing up for its 2025 operations, the Netherlands-based terminal operator APM Terminals has wrapped up the final phase of its 2 million TEU expansion project at MedPort Tangier, which became operational last month. As disclosed, the now-expanded terminal boasts a capacity of 5.2 million T

about 1 year ago
Port of Barcelona certifies carbon footprint of all activities carried out in port community
Business Developments & Projects

Port of Barcelona certifies carbon footprint of all activities carried out in port community

The Port of Barcelona has become the first port in the Mediterranean and one of the first in the world to use ISO 14064 to calculate the carbon footprint of all activities carried out in the port territory.

about 1 year ago
Scottish startup inks 'landmark' deal for EU’s first full-scale CO2 storage project
Business & Finance

Scottish startup inks ‘landmark’ deal for EU’s first operational CO2 storage facility

Scottish startup The Carbon Removers has secured what it says is a landmark deal for CO2 storage as part of Project Greensand in the Danish North Sea. The Carbon Removers announced the agreement on December 10 to permanently sequester 50,000 tonnes of CO2 per year in a depleted oil field, 1,800 mete

about 1 year ago
PowerCell
Clean Fuel

PowerCell clinches $3.8 million fuel cell systems order

Swedish hydrogen fuel cell provider PowerCell has bagged a follow-up order for its fuel cell system from an undisclosed Europe-based OEM manufacturer valued at approximately SEK 41.8 million (circa $3.8 million). As disclosed, the order consists of 14 additional units of Powercell’s Marine System 22

about 1 year ago
FLNG Hilli Episeyo; Source: Golar LNG
Fossil Energy

Bermuda player becomes sole owner of FLNG unit

Golar LNG has got its hands on ownership interests Seatrium and Black & Veatch held in a floating LNG (FLNG) unit, which enables it to take full ownership of the asset that recently lined up a 20-year assignment in Argentina.

about 1 year ago
Wilson’s first 3,800 dwt diesel-electric ship launched in India
Business Developments & Projects

Wilson’s first 3,800 dwt diesel-electric ship launched in India

Norwegian short-sea player Wilson ASA has launched the first of six 3,800 dwt general cargo ships with diesel-electric propulsion at Udupi Cochin Shipyard in India.

about 1 year ago
Deepsea Mira rig; Source: Odfjell Drilling
Business & Finance

TotalEnergies prolongs rig’s drilling job offshore Africa

TotalEnergies has given more work to a semi-submersible rig owned by Northern Ocean (NOL) and managed by Odfjell Drilling.

about 1 year ago
Haiji-2 offshore China (for illustration purposes); Source: CNOOC
Business & Finance

First oil flows from CNOOC’s project offshore China

CNOOC has begun oil production from a development project in Liaodong Bay of Bohai Sea off the coast of China.

about 1 year ago
Thomas Saetre, AOS Offshore Business Development Manager.
Pipes

FORCE Technology and AOS join forces to advance offshore services in Australia

FORCE Technology Norway and Singapore’s Asia Offshore Solutions (AOS) have entered into a strategic partnership aimed at delivering enhanced structural monitoring, subsea inspection, and cathodic protection services to Australia’s offshore sector. Under the agreement, signed in November 2024, AOS is

about 1 year ago
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