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Business Developments & Projects

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Rendering of an LNG terminal
Business Developments & Projects

Rio Grande growing: NextDecade okays fifth train at Texas LNG plant

Houston-headquartered NextDecade Corporation has made a positive final investment decision (FID) on the fifth train at its liquefied natural gas (LNG) export project in Texas.

about 11 months ago
DriX H-8 USV
Business Developments & Projects

Exail’s USV making Baltic Sea debut with Orlen

U.K.-based Exail and its partner Thesta have delivered an uncrewed surface vessel (USV) to Orlen Petrobaltic, part of Poland’s Orlen Group, for use in the Baltic Sea.

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about 11 months ago
SBTi verifies ESL Shipping’s science-based net-zero targets
Business Developments & Projects

SBTi verifies ESL Shipping’s science-based net-zero targets

Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.

about 11 months ago
UK offshore wind farm now equipped with scour protection doubling as marine life habitat
Business Developments & Projects

UK offshore wind farm now equipped with scour protection doubling as marine life habitat

RWE has installed around 75,000 reef cubes developed by the nature-inclusive technology designer ARC marine at the Rampion offshore wind farm in the UK, in what the Rampion owner says is a “global first”. The cubes are a specially eco-engineered scour protection solution for wind turbine foundations

about 11 months ago
HMM
Business Developments & Projects

HMM places major order for 12 LNG-powered boxships, 2 VLCCs

South Korean shipping company HMM has ordered a fleet of containerships and very large crude carriers (VLCCs) worth KRW 4 trillion (about $2.9 billion).

about 11 months ago
Rig revamped into MOPU getting crowned
Business Developments & Projects

ABL secures rig moving contract with Indian player

Oslo-listed global consultancy ABL has been appointed to oversee rig moves for India’s Oil and Natural Gas Corporation Limited (ONGC).

about 11 months ago
WATCH: NKT Eleonora gets first taste of water
Business Developments & Projects

WATCH: NKT Eleonora gets first taste of water

NKT’s cable-laying vessel (CLV) NKT Eleonora has entered the water for the first time following the launch of its aftship, set to be connected to the foreship at a separate location. The official keel laying took place on January 15 at one of VARD’s facilities in Romania, some two months after the f

about 11 months ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

Triple contract win for Saipem in Azerbaijan valued at $600M

Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She

about 11 months ago
Disney Destiny
Business Developments & Projects

LNG-powered cruise ship Disney Destiny joins owner’s roster

German shipbuilder Meyer Werft has handed over the third cruise ship powered by liquefied natural gas (LNG) to Disney Cruise Line. As disclosed, the delivery ceremony for the 340-meter-long vessel, named Disney Destiny, was held on schedule, i.e., on October 15 in Eemshaven, the Netherlands. Disney

about 11 months ago
Frontal view of a large vessel
Business Developments & Projects

Equinor’s ‘largest international asset’ starts producing oil off Brazil

Norwegian state-owned energy giant Equinor and its partners have achieved start-up of production from a large field in Brazil’s Santos Basin.

about 11 months ago
Japan’s first hydrogen dual-fuel tugboat sees the light of day
Business Developments & Projects

Japan’s first hydrogen dual-fuel tugboat sees the light of day

Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine, TEN-OH, has been officially delivered.

about 11 months ago
Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port
Business Developments & Projects

French firm launches phase one of full-scale wave energy tests

France’s wave energy developer Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port, marking a key step in the company’s transition from design to real-world implementation. After six months of manufacturing and assembly, the Bordeau

about 11 months ago
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News Agency
Business Developments & Projects

Petrobras puts Halliburton on completion duty at Santos Basin fields

Petrobras has awarded multiple contracts to U.S.-headquartered oilfield services player Halliburton to provide completion and stimulation services across its deepwater fields offshore Brazil.

about 11 months ago
Vattenfall blasts WWII sea mines at German offshore wind project sites
Business Developments & Projects

Vattenfall blasts WWII sea mines at German offshore wind project sites

Swedish energy company Vattenfall has removed three unexploded sea mines dating from World War II in the area where it will build its Nordlicht offshore wind cluster in the German North Sea. The mines, each with an explosive force comparable to 200-300 kilograms of TNT, were first located as anomali

about 1 year ago