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Business Developments & Projects

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WATCH: LNG Canada completes tank hydro testing
Business Developments & Projects

WATCH: LNG Canada completes tank hydro testing

Hydro testing of the tank at the site of Canada’s first LNG export facility, the Shell-led LNG Canada project in Kitimat, British Columbia, has been completed. The procedure, also known as hydrostatic testing, ensures LNG tank safety and reliability, and regulatory compliance. The event included pum

about 3 years ago
CEM adopts new initiative for scaling low-carbon fuel production
Business Developments & Projects

CEM adopts new initiative for scaling low-carbon fuel production

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The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy

about 3 years ago
Port of Argentia
Business Developments & Projects

Port of Argentia wins govt funding as it eyes green energy and low-carbon fuels development

The Government of Canada has announced an investment of up to $38 million under the National Trade Corridors Fund to improve cargo movement at the Port of Argentia based in Newfoundland. The funds are targeting the expansion of the existing Fleet Dock terminal. This expansion includes the constructi

about 3 years ago
Canadian university acquires electric observation-class ROV
Business Developments & Projects

Canadian university acquires electric observation-class ROV

Houston-headquartered Forum Energy Technologies (FET) has delivered an electric observation-class remotely operated vehicle (ROV) to Canadian Memorial University of Newfoundland which can be used for renewable energy projects, among other things. Delivered to the Fisheries and Marine Institute, the

about 3 years ago
Module fabrication program completed for Canada’s first LNG export facility
Business Developments & Projects

Module fabrication program completed for Canada’s first LNG export facility

Shell-led LNG Canada project in Kitimat, British Columbia, Canada, has marked the completion of a critical phase in the construction of a large terminal for the liquefaction, storage and loading of LNG with the arrival of the last module by ship from its fabrication yard in Zhuhai, China. Flour Corp

about 3 years ago
Black & Veatch wins FEED contract for Canada’s Ksi Lisims LNG project
Business Developments & Projects

Black & Veatch wins FEED contract for Canada’s Ksi Lisims LNG project

LNG infrastructure solutions company Black & Veatch, in collaboration with Samsung Heavy Industries (SHI) of South Korea, has been awarded a front-end engineering design (FEED) contract for the Ksi Lisims LNG nearshore floating production facility in northwest Canada. Developed jointly by Western LN

about 3 years ago
Bay du Nord FPSO; Source: Equinor
Business Developments & Projects

More court action brews on the horizon for giant Bay du Nord oil project

The legal challenges over the project’s approval do not seem to be over, as the appeal process regarding a lawsuit is waiting in the wings.

about 3 years ago
Noble Faye Kozack (for illustration purposes); Source: Noble Corp.
Business Developments & Projects

US offshore rig count drops down another notch

Baker Hughes’ weekly rig count report indicates that the number of offshore rigs in the United States went down a notch last week.

about 3 years ago
Illustration; Source: APPEA
Business Developments & Projects

Gas rush paints LNG as energy transition’s trump card to low-carbon future

Gas has solidified its position at the top of the energy pyramid, thus, the pursuit for more natural gas and LNG is in full swing.

13 minutes read
CPP Investments and Power2X team up on green molecule projects
Business Developments & Projects

CPP Investments and Power2X team up on green molecule projects

Canada Pension Plan Investment Board (CPP Investments) and hydrogen project developer Power2X have entered a long-term investment partnership aimed at advancing Power2X’s role in the global clean energy transition. According to the companies, the partnership plans to invest an initial €130 million t

about 3 years ago
Illustration; Source: Borr Drilling
Business Developments & Projects

International offshore rig count activity takes a downward plunge in June

Baker Hughes’ international rig count report shows that the number of offshore rigs experienced a downward trend in June 2023.

about 3 years ago
Kitimat LNG project in Canada close to 85% complete
Business Developments & Projects

Kitimat LNG project in Canada close to 85% complete

Kitimat LNG project in Canada is close to 85% complete overall and the first cargoes are on the horizon, LNG Canada, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, has announced on its social media. While presenting the company’s mid-year update, Ja

about 3 years ago
Deal signed for construction of world’s 1st large high bollard pull methanol-fuelled tugs
Business Developments & Projects

Deal signed for construction of world’s 1st large high bollard pull methanol-fuelled tugs

Towage operator Kotug Canada has selected Türkiye’s Sanmar Shipyards to build two RAsalvor 4400-DFM dual fuel methanol escort tugs.

about 3 years ago
Kotug’s dual-fuel methanol escort tugs to provide service for Trans Mountain
Business Developments & Projects

Kotug’s dual-fuel methanol escort tugs to provide service for Trans Mountain

Maritime service provider Kotug Canada has announced that its dual-fuel methanol escort tugs will be used for Trans Mountain’s expanded operations on Canada’s West Coast. Trans Mountain operates Canada’s oil pipeline, servicing the West Coast of Canada, providing tidewater access to foreign markets

about 3 years ago