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Business Developments & Projects

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20,000 CBM LNG bunkering vessel – AiP granted by DNV; Source: Deltamarin
Business Developments & Projects

Thumbs-up for Deltamarin’s five eco-efficient vessel designs from DNV and Lloyd’s Register

Finland’s marine engineering player Deltamarin has secured multiple approvals in principle (AiPs) from DNV and Lloyd’s Register (LR) for its next-generation vessel designs that come with a range of innovative concepts, including hybrid and wind-assisted propulsion solutions, enhanced safety redundan

about 10 months ago
Taiwan’s first offshore power cable factory inaugurated (Gallery)
Business Developments & Projects
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Taiwan’s first offshore power cable factory inaugurated (Gallery)

A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, December 6, in K

about 10 months ago
ASRY signs agreements with Fincantieri and Roboze
Business Developments & Projects

Fincantieri, Roboze, and ASRY pool resources to bolster maritime scene in Arabian Gulf

Two Italian players, Fincantieri and Roboze, have joined forces with Arab Shipbuilding & Repair Yard (ASRY), a maritime repair and fabrication facility in the Arabian Gulf, to strengthen maritime capabilities in the Gulf.

about 10 months ago
Rendering of Alaska LNG plant
Business Developments & Projects

$44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.

about 10 months ago
Masirah Oil
Business Developments & Projects

Funding in place for multi-well offshore drilling campaign to boost oil flow rates

Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has revealed a multimillion-dollar bond issue, which will enable it to undertake a drilling campaign off the coast of Oman to augment oil production.

about 10 months ago
BGP Prospector 3D seismic vessel; Source: BGP Offshore
Business Developments & Projects

TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters

Norwegian/American energy data and intelligence player, Tomlinson Geophysical Services (TGS), has kicked off a seismic survey in the shallow offshore area off the coast of Saramacca and Coronie to find oil and gas reserves as part of a joint project with Suriname’s national oil company (NOC) Staatso

about 10 months ago
Goliat; Source: Var Energi
Business Developments & Projects

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 10 months ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Business Developments & Projects

Double win for Equinor in North Sea as two gas and condensate discoveries spring up

Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European marke

about 10 months ago
Frontal view of a vessel at sea
Business Developments & Projects

Eni pens decade-long LNG offtake deal with Thai player

Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.

about 10 months ago
Texas LNG; Source: Glenfarne
Business Developments & Projects

20-year offtake lands on LNG project’s table in Lone Star State

Texas LNG, a subsidiary of Glenfarne Energy Transition, has secured an offtake deal with Macquarie Energy, a subsidiary of Macquarie Group, for a liquefied natural gas (LNG) export facility to be constructed in the Port of Brownsville, Texas.

about 10 months ago
Greensand project artist rendering; Source Aker Carbon Capture
Business Developments & Projects

Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie

The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a helping hand in achieving its climate neutrality vision

about 10 months ago
Courtesy of CMA CGM
Business Developments & Projects

Red Sea poised for container ships’ return with CMA CGM’s full-loop service via Suez Canal

Xeneta, an ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry, is convinced that the return of container ships to the Red Sea is edging closer, as France’s shipping giant CMA CGM, as a major carrier, reveals a new full-loop service

about 10 months ago
FPSO Sepetiba; Source: Petrobras
Business Developments & Projects

Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil

A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA).

about 10 months ago
Altamira Fast LNG 1; Source: New Fortress Energy
Business Developments & Projects

Seven-year gas supply deal is a go as Puerto Rico backs it up

U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG) to the Caribbean nation.

about 10 months ago