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Business Developments & Projects

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Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada
Business Developments & Projects

Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada

Norway-based autonomous maritime technology company Zeabuz has partnered with Canada’s Future Marine to develop and pioneer autonomous electric ferries in Canada.

about 1 year ago
Tiburon Subsea's autonomous underwater thruster control technology, JETTE.
Business Developments & Projects

Two companies from Americas partner on AUV for wind and wave survey and maintenance, subsea security (Video)

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U.S.-based subsea data collection and delivery provider Tiburon Subsea and Canadian Ocean Floor Geophysics (OFG) have signed a memorandum of understanding (MoU) to tackle challenges in wave and wind energy surveys and maintenance, and subsea security, among other things. In 2024, Tiburon Subsea intr

about 1 year ago
Illustration of FPSO for Bay du Nord oil project; Source: Equinor
Business Developments & Projects

Canada’s stalled $12-billion oil project takes step forward with new FPSO awards

Equinor has started the ball rolling to develop its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador by awarding preliminary front-end engineering design (pre-FEED) work to BW Offshore and Altera Infrastructure.

about 1 year ago
An offshore platform
Business Developments & Projects

Trillion completes Black Sea tubing ops, well stimulation coming up next

Canada’s oil and gas player Trillion Energy is preparing to boost gas production at its field offshore Türkiye using nitrogen after completing velocity string (VS) operations.

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Business Developments & Projects

Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID

Canada’s proposed 12-million-tonne-per-year liquefied natural gas (LNG) project on Pearse Island at the northwest coast of British Columbia (B.C.) is off to a great start in 2025 with new equity funding in place to fully support remaining development activities through to a final investment decision

about 1 year ago
A view of pipes on an offshore platform
Business Developments & Projects

Canadian firm finalizes stake sale in South Africa’s Orange Basin block

Eco (Atlantic) Oil & Gas has completed the transaction with compatriot Africa Oil Corp. enabling the latter’s subsidiary to increase its stake in a block offshore South Africa.

about 1 year ago
Hibernia platform; Source: Hibernia Management and Development Company/ExxonMobil
Business Developments & Projects

Oil & gas get the blame for Trump’s expansionist pretensions toward Canada, renewables portrayed as road to independence

Given the uptick in Canada’s oil and gas stocks, some blame the fossil fuel industry for Trump’s annexation threat, painting renewable energy as the solution.

about 1 year ago
DP World
Business Developments & Projects

DP World and Gemini Cooperation to bolster cargo operations in Canada

Dubai-based terminal operator DP World has shaken hands with the Gemini Cooperation to “enhance” cargo operations across Canada. As disclosed, commencing from February 2025, the DP World is set to introduce several new container services at its terminals at the Port of Prince Rupert, the Port of Van

about 1 year ago
Port of Prince Rupert introduces bunkering service for deep-sea shipping
Business Developments & Projects

Port of Prince Rupert introduces bunkering service for deep-sea shipping

Canadian Port of Prince Rupert has welcomed the startup of Wolverine Terminals’ marine bunkering service for deep-sea shipping, thus adding a logistical capability to the port.

about 1 year ago
An offshore platform with two vessels approaching
Business Developments & Projects

Interim CEO takes the helm at Trillion as previous one retires

Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director.

about 1 year ago
An offshore platform
Business Developments & Projects

Work forging ahead to increase output at Canadian player’s Black Sea gas field

Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye.

about 1 year ago
Offshore Energy’s top five hydrogen stories of 2024
Business Developments & Projects

Offshore Energy’s top five hydrogen stories of 2024

Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

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
Business Developments & Projects

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
A frontal view of a man in a suit and a tie smiling
Business Developments & Projects

Former Shell executive to take the reins at LNG Canada

LNG Canada, a joint venture (JV) between Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, which is developing a liquefied natural gas (LNG) export facility in Kitimat, Canada’s British Columbia, has appointed a new Chief Executive Officer (CEO).

about 1 year ago