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Business Developments & Projects

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C40 Cities
Business Developments & Projects

Methanex launches methanol bunkering services in ARA region and South Korea

Methanex Corporation, a Canadian producer and supplier of methanol, has entered new strategic bunkering partnerships in two major fueling hubs – the Amsterdam-Rotterdam-Antwerp (ARA) region and South Korea.

about 1 year ago
MISC
Business Developments & Projects

MISC, SHI get BV’s nod for ‘world’s first’ ammonia-fueled LR2 tanker powered by PEMFC

Malaysia’s energy-related maritime services provider MISC Berhad and South Korean shipbuilder Samsung Heavy Industries (SHI) have received approval in principle (AiP) from French class society Bureau Veritas Marine & Offshore (BV) for their design of “the world’s first” ammonia-fueled long-range 2 (

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about 1 year ago
HAMR Energy enters biomass supply deal for renewable fuels production
Business Developments & Projects

HAMR Energy enters biomass supply deal for renewable fuels production

Australian chemicals company HAMR Energy has teamed up with compatriot forestry and sawmill business OneFortyOne for the supply of sustainable biomass for renewable methanol production in “a significant step forward” in the development of its flagship Portland Renewable Fuels Project (PRF Project).

about 1 year ago
LNG agreement signing
Business Developments & Projects

Mercuria to supply BOTAŞ with US-sourced LNG until 2045

Global energy and commodity group Mercuria has signed a liquefied natural gas (LNG) purchase and sale agreement with the state-owned Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 1 year ago
With first two in operation, Reach Remote 3 and 4 ordered from Kongsberg Maritime
Business Developments & Projects

With first two in operation, Reach Remote 3 and 4 USVs ordered from Kongsberg Maritime

With the first two units delivered and already in commercial operations, Norway’s Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4. The specifications for Reach Remote

about 1 year ago
APM Terminals pens multi-million dollar deal to ‘advance’ electrification efforts in Nigeria
Business Developments & Projects

APM Terminals pens multi-million dollar deal to ‘advance’ electrification efforts in Nigeria

APM Terminals’ West African Container Terminal (WACT) in Onne and the Nigerian Ports Authority have joined forces to speed up electrification and decarbonization initiatives across Nigeria’s ports and the country’s transport ecosystem. According to APM Terminals, which is a Netherlands-based arm of

about 1 year ago
Everllence runs “world’s first” ethanol-fueled two-stroke engine in Japan
Business Developments & Projects

Everllence runs “world’s first” ethanol-fueled two-stroke engine in Japan

Germany’s engine manufacturer Everllence (formerly MAN Energy Solutions) has run a 90-bore liquid gas injection methanol (ME-LGIM) engine on ethanol, confirming its suitability for a new alternative fuel.

about 1 year ago
TechnipFMC illustration
Business Developments & Projects

TechnipFMC and Petrobras strengthen ties with new contract for subsea production systems

TechnipFMC has secured a contract defined as significant, meaning it is worth between $75 million and $250 million, with Brazilian oil & gas company Petrobras for the delivery of subsea production systems. Following a competitive tendering process, TechnipFMC has been selected to design, engineer, a

about 1 year ago
NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain
Business Developments & Projects

NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain

Japanese shipping company NYK, in collaboration with ammonia trader Trammo, has completed its first ship-to-ship (STS) transfer of liquefied ammonia.

about 1 year ago
LNG carrier Kool Husky at sea
Business Developments & Projects

EPS eyes full ownership of CoolCo in LNG consolidation play

Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) is progressing discussions for the acquisition of its entire business by Singapore-based Eastern Pacific Shipping (EPS) Ventures.

about 1 year ago
LNG
Business Developments & Projects

EPC contract awarded for Galveston LNG Bunker Port development

Galveston LNG Bunker Port (GLBP) has selected NV5 LNG Engineering Services (NV5 LNG) as the engineering, procurement, and construction (EPC) contractor to build the new liquefied natural gas (LNG) terminal.

about 1 year ago
AD Ports launches Luanda port terminal project, focused on modernization and sustainability
Business Developments & Projects

AD Ports launches Luanda port terminal project, focused on modernization and sustainability

AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal, signaling the beginning of a modernization and expansion effort at the Port of Luanda, Angola.

about 1 year ago
Port Arthur LNG construction site
Business Developments & Projects

Sempra okays $14B investment to double Texas LNG project’s export capacity

Sempra Infrastructure Partners, a subsidiary of North America’s energy infrastructure company Sempra, has reached a final investment decision (FID) for the second stage of its liquefied natural gas (LNG) project under development in Jefferson County, Texas.

about 1 year ago
Fugro logo
Business Developments & Projects

Fugro withdraws 2025 financial guidance, plans to cut 300 jobs

The Netherlands-headquartered Fugro has announced a reduction of 300 jobs and the withdrawal of its financial guidance for 2025 as a wide range of projects has been affected by postponements due to market uncertainties, mainly seen in oil and gas. Fugro reported on September 22 that although the sec

about 1 year ago