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Business Developments & Projects

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TES and CPC Finland partner on large-scale e-NG project at Port of Rauma
Business Developments & Projects

TES and CPC Finland partner on large-scale e-NG project at Port of Rauma

Tree Energy Solutions (TES) and CPC Finland have established a joint company, Luoto Energia, that will develop a large-scale e-NG project at the Port of Rauma in Finland.

about 1 year ago
Shearwater platform in the North Sea; Source: Shell
Business Developments & Projects

Name unveiled for Shell–Equinor JV set to dominate UK North Sea production

Two energy majors, the UK’s Shell and Norway’s Equinor, have revealed the name of their joint venture that is set to become the UK North Sea’s largest independent oil and gas producer.

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about 1 year ago
Hibiscus platform in North Coast Marine Area (NCMA); Source: Shell
Business Developments & Projects

Shell repudiates rumors of making a play for BP

As media speculation over a potential merger between two European oil majors, the UK-headquartered Shell and BP, has not died down yet, the former decided to address the rumors by denying the alleged business combination talks and move.

about 1 year ago
‘World’s first’ digital fuel certificate pilot for ammonia bunkering completed
Business Developments & Projects

‘World’s first’ digital fuel certificate pilot for ammonia bunkering completed

Australian green technology, energy, and metals company Fortescue has participated in the issuance of the “world’s first” digital fuel certification for an ammonia-to-ship transfer.

about 1 year ago
Source: Inyanga Marine Energy Group
Business Developments & Projects

Prysmian to supply export cables for Welsh tidal energy array

The Italy-based global power cable manufacturer Prysmian will supply subsea export cables for the HydroWing tidal energy array, led by UK-based Inyanga Marine Energy Group at the Morlais site off Anglesey, Wales. Scheduled for deployment in early 2026, the HydroWing array aims to deliver 20 MW of pr

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business Developments & Projects

Equinor’s North Sea wildcat yields no hydrocarbons

Equinor has finished drilling a wildcat well in the North Sea with one of Odfjell Drilling’s semi-submersible rigs. The drilling activities did not result in a new oil and gas find off the coast of Norway.

about 1 year ago
Troll C platform in North Sea; Source: Equinor
Business Developments & Projects

$2 billion North Sea project unlocking new oil & gas barrels

Equinor and its partners have unveiled plans to pour more than NOK 21 billion ($2.09 billion) in a new subsea development, combining several discoveries in the northern part of the North Sea that will export oil and gas via an existing platform located off the coast of Norway.

about 1 year ago
WinGD
Business Developments & Projects

WinGD wins methanol dual-fuel engine order for 30+ containerships from Taiwanese player

Switzerland-based marine power company WinGD has been tapped to supply its X-DF-M dual-fuel methanol and methanol-ready X-engine designs for over 30 boxships to be constructed for a Taiwanese container shipping player. As disclosed, the methanol-ready X-92 engines are to be fitted onto vessels with

about 1 year ago
Bureau Veritas classes TMS Tankers’ new 114,000 dwt eco-friendly vessel
Business Developments & Projects

Bureau Veritas classes TMS Tankers’ new 114,000 dwt eco-friendly vessel

Bureau Veritas Marine & Offshore (BV) has classed TMS Tankers’ latest vessel LAMU – an eco-friendly 114,000 dwt product tanker – at COSCO Shipping Heavy Industry (Yangzhou) shipyard in China.

about 1 year ago
Fugro wins contract for Eni's deepwater gas project
Business Developments & Projects

Fugro wins contract for Eni’s deepwater gas project

A couple of months after securing a contract for an oil project off the coast of Newfoundland and Labrador, Dutch geo-data specialist Fugro has been appointed to support a deepwater gas project in the Eastern Mediterranean. Italy’s energy company Eni has awarded Fugro with a contract to perform a co

about 1 year ago
LNG carrier Mraikh
Business Developments & Projects

Knutsen takes delivery of first of 10 LNG carriers for charter to QatarEnergy

Knutsen LNG France, a subsidiary of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from South Korea’s HD Hyundai Samho Industries to deliver it to its new charterer, QatarEnergy.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

Thumbs-up for Equinor’s drilling ops with Transocean rig

Equinor has secured a drilling permit for an exploration well in the Norwegian Sea, which will be drilled using a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Second LNG-powered ferry joins TT-Line’s fleet
Business Developments & Projects

Second LNG-powered ferry joins TT-Line’s fleet

Australia’s ferry services provider TT-Line Company has welcomed the second and final LNG-powered car and passenger (RoPax) ferry built by Finland’s Rauma Marine Constructions (RMC), completing what was described as one of the largest bilateral export projects between the two countries.

about 1 year ago
OneSubsea to deliver subsea CO2 injection system for Northern Lights expansion
Business Developments & Projects

OneSubsea to deliver CO2 injection system for Northern Lights expansion

SLB OneSubsea has secured an engineering, procurement and construction (EPC) contract with Norwegian state-owned energy company Equinor for a subsea CO2 injection system destined for the second phase of the Northern Lights CO2 transport and storage project. Northern Lights constitutes the transport,

about 1 year ago