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Business Developments & Projects

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Rendering of the proposed Monkey Island LNG terminal
Business Developments & Projects

McDermott picks up job on Louisiana’s proposed LNG project

Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has hired McDermott, a U.S. offshore engineering and construction player, on a master services agreement (MS

about 1 year ago
C40 Cities
Business Developments & Projects

ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports

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ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.

about 1 year ago
Zodiac Maritime adds final 7,000 CEU dual-fuel PCTC to the fleet
Business Developments & Projects

Zodiac Maritime adds final 7,000 CEU dual-fuel PCTC to the fleet

UK-based shipping company Zodiac Maritime has taken delivery of the final 7,000 CEU dual-fuel pure car and truck carrier (PCTC) built by CIMC Raffles, a subsidiary of China International Marine Containers (CIMC).

about 1 year ago
Deepwater Titan drillship; Source: Transocean
Business Developments & Projects

Rig safety boost comes to light with Expro’s new ‘offshore world record’ in Gulf of America

Expro has shed light on its recent cementing technology milestone in deepwater well construction, which was achieved with the deployment of a casing string, said to be the heaviest to date, at a significant project in the Gulf of America/U.S. Gulf of Mexico for an undisclosed company described as a

about 1 year ago
Illustration; Source: Next Geosolutions
Business Developments & Projects

NextGeo opens entity in ‘region of crucial importance for oil & gas sector’

Italy’s Next Geosolutions (NextGeo) has opened a new entity in the Middle East, described as a strategic initiative as part of the company’s expansion plan, aimed at strengthening its operational capacity in a “region of crucial importance for the oil & gas sector”. Next Geosolutions Middle East (FZ

about 1 year ago
FPSO Penguins; Source: Shell
Business Developments & Projects

Shell and Equinor take ‘key step’ to set up their UK North Sea JV with CEO appointment

As Adura, an incorporated joint venture (IJV) of the UK’s Shell and Norway’s Equinor, continues making progress in securing regulatory approvals, the two energy heavyweights have unveiled the name of the JV’s chosen Chief Executive Officer (CEO).

about 1 year ago
HIF Global advances plans for e-fuels facility in Tasmania
Business Developments & Projects

HIF Global advances plans for e-fuels facility in Tasmania

HIF Global has announced plans to locate its Tasmania e-fuels facility at the former Burnie Paper Mill site in South Burnie.

about 1 year ago
MOL secures design approval for new LNG carrier with wind-assisted propulsion
Business Developments & Projects

MOL secures design approval for new LNG carrier with wind-assisted propulsion

Japanese shipping company Mitsui O.S.K. Lines (MOL) has secured approval in principle (AiP) from classification society Lloyd’s Register (LR) for two new designs of a membrane-type LNG carrier equipped with Wind Challenger, a hard sail wind-assisted propulsion system.

about 1 year ago
New Nordic deal paves the way for Finland to store CO2 offshore Norway
Business Developments & Projects

New Nordic deal paves the way for Finland to store CO2 offshore Norway

Finland and Norway have signed a Memorandum of Understanding (MoU) that enables the transport of CO2 from Finland, whose soil is unsuitable for permanent CO2 storage, to Norway for geological storage under the seabed. The MoU was signed on September 4 by the Finnish Minister of Climate and the Envir

about 1 year ago
Shell
Business Developments & Projects

Shell and African country push back after court halts offshore drilling plans

In the aftermath of the Western Cape High Court’s decision to scrap environmental authorization for oil and gas offshore drilling activities, which two energy giants, France’s TotalEnergies and the UK-based Shell, planned to undertake in Block 5/6/7, along South Africa’s southwest coast, Shell and t

about 1 year ago
IINO Lines rings the welcome bell to inaugural dual-fuel VLEC for INEOS charter
Business Developments & Projects

IINO Lines rings the welcome bell to inaugural dual-fuel VLEC for INEOS charter

Japanese maritime transport player IINO Kaiun Kaisha (IINO Lines) has welcomed the first of two dual-fuel very large ethane carriers (VLECs), which will be chartered out to global manufacturing company INEOS Europe AG. As disclosed, the vessel—named Iino Ineos Vestá—was handed over by South Korean s

about 1 year ago
Illustration; Source: Coastal Bend LNG
Business Developments & Projects

New chief commercial officer comes aboard multi-train LNG project in Texas

Coastal Bend LNG, a privately held energy infrastructure development company, is getting a new Chief Commercial Officer (CCO) at its planned liquefied natural gas (LNG) project along the Texas Gulf Coast.

about 1 year ago
Steel cut for ‘world’s first ammonia-powered containership’
Business Developments & Projects

Steel cut for ‘world’s first ammonia-powered containership’

The construction of Yara Eyde, also known as the world’s first ammonia-powered containership, has officially begun in China.

about 1 year ago
Preferred major works contractor appointed for Australian interconnector
Business Developments & Projects

Preferred major works contractor appointed for Australian interconnector

After issuing notices to proceed to Prysmian and Hitachi Energy for cable and converter technology, Marinus Link Pty Ltd (MLPL) has named the preferred contractor for major civil and construction works for the namesake interconnector in Australia. A joint venture of DT Infrastructure and Samsung C&T

about 1 year ago