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Business Developments & Projects

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Clean FuelFossil EnergyLiquefied Natural GasOil & GasOther FuelsBusiness & FinanceExploration & ProductionFPSO & VesselsLow-Carbon TransitionVesselsProject & TendersProduction & ProcessingSubseaOutlook & StrategyHydrogenSurveys & InterventionsTransport & StorageVessels & VehiclesInnovationTechnologyInfrastructureVision
Ksi Lisims LNG concept; Source: Western LNG
Business Developments & Projects

Another European deal for Canadian LNG project as talks with Uniper advance

German energy player Uniper is looking to further diversify its liquefied natural gas (LNG) supply by moving forward with negotiations to secure Canadian LNG from a multibillion-dollar project being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia.

about 3 months ago
Cedar FLNG is being built at Samsung Heavy Industries' Geoje shipyard; Source: SHI
Business Developments & Projects

Canada’s $4B hydro-powered LNG project advances with FLNG launch at Samsung Heavy Industries

South Korea’s Samsung Heavy Industries (SHI) has held a launching ceremony for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 3 months ago
LNG Canada
Business Developments & Projects

JGC, Fluor in the clear for early works to double output at Shell-run LNG Canada

JGC Fluor BC LNG II joint venture (JV), composed of Japan’s JGC Holdings Corporation and Fluor Corporation, has been given the go-ahead to move forward with early activities for the expansion of a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by

about 4 months ago
A digital rendering of an LNG plant by the coast
Business Developments & Projects

First European LNG deal for Canada’s multibillion-dollar project

A liquefied natural gas (LNG) project, being developed on Canada’s northwest coast to export lower-carbon LNG to markets in Asia, has obtained its first agreement with a European buyer.

about 4 months ago
Naming ceremony for Diamond Global Energy's Diamond Gas Jade LNG vessel; Source: K Line
Business Developments & Projects

LNG Canada-bound vessel gets its name at Samsung Heavy Industries’ yard

Japanese shipping major Kawasaki Kisen Kaisha (K Line) has confirmed the naming ceremony for a newly built liquefied natural gas (LNG) vessel, which is destined for an LNG export terminal in Kitimat, British Columbia, Canada, operated by LNG Canada, a joint venture company encompassing Shell, Petron

about 4 months ago
Illustration; Source: Eco Atlantic
Business Developments & Projects

JHI’s shareholders’ approval next on the agenda to back Eco takeover

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has shed light on the latest developments regarding its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).

about 5 months ago
FPSO for Bay du Nord oil project; Source: BW Offshore
Business Developments & Projects

FPSO FEED award to BW Offshore turning the key on Canada’s $12-billion oil project

With a front-end engineering and design (FEED) deal to Oslo-headquartered BW Offshore for a floating production, storage, and offloading (FPSO) unit, Norway’s state-owned energy giant Equinor is continuing to lay the groundwork for the development of its oil project off the coast of Newfoundland and

about 5 months ago
Subsea7, OneSubsea chosen for FEED at Canadian $12 billion oil project
Business Developments & Projects

Subsea7, OneSubsea chosen for FEED at Canadian $12 billion oil project

Subsea Integration Alliance (SIA), a strategic alliance between SLB OneSubsea and Subsea7, has won a front-end engineering design (FEED) contract with Norwegian state-owned energy firm Equinor for a deepwater oil project offshore Canada. The FEED contract for the Bay du Nord project builds on the lo

about 5 months ago
Illustration; Source Shell
Business Developments & Projects

Shell enriches gas business with $16.4 billion ARC Resources takeover

UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources.

about 5 months ago
Hydrogen-fueled AUV breaks range expectations with 2,000-kilometer subsea run
Business Developments & Projects

Hydrogen-fueled AUV breaks range expectations with 2,000-kilometer subsea run

An autonomous underwater vehicle (AUV) developed by Canada’s Cellula Robotics has traveled over 2,000 kilometers submerged, powered by a hydrogen fuel cell, exceeding its published performance specification. During the mission, the Envoy AUV made over 4,000 turns and manoeuvres, which used more ener

about 5 months ago
Fugro unveils new ROV test pool in Singapore
Business Developments & Projects

Fugro unveils new ROV test pool in Singapore

Dutch Fugro has opened a new remotely operated vehicle (ROV) test pool in Singapore, which will help its teams identify and resolve technical issues early, validate performance against design requirements, and optimize procedures before mobilization. According to Fugro, the facility provides a contr

about 5 months ago
New player enters underwater robotics market with AUV prototype
Business Developments & Projects

New player enters underwater robotics market with AUV prototype

ZenaTech, a Canadian technology company specializing in AI drone, drone as a service (DaaS), enterprise SaaS and quantum computing solutions, has entered the underwater robotics market with the development of an autonomous underwater vehicle (AUV) prototype. ZenaTech reported on March 31 that its Ze

about 6 months ago
Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline
Business Developments & Projects

Técnicas Reunidas tasked with work for second phase of Canadian natural gas pipeline

LNG Canada, a joint venture between Shell, Petronas, PetroChina, Mitsubishi Corporation, and KOGAS, has awarded engineering company Técnicas Reunidas with a contract for front-end engineering design (FEED) services for Phase 2 of Coastal GasLink, located in British Columbia, on Canada’s west coast,

about 6 months ago
Kraken Robotics buying Sonardyne and EIVA’s parent company for $615 million
Business Developments & Projects

Kraken Robotics buying Sonardyne and EIVA’s parent company for $615 million

Canada-headquartered marine technology player Kraken Robotics is set to acquire the UK’s Covelya Group, the parent company of Sonardyne International and EIVA, among others. Covelya Group designs, manufactures, sells and supports high-performance underwater technology for maritime defense and commer

about 6 months ago
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