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Business Developments & Projects

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Port of Stephenville
Business Developments & Projects

World Energy GH2 acquires Port of Stephenville to serve as hub for green hydrogen and ammonia shipping

Newfoundland and Labrador-based renewable energy company World Energy GH2 Inc. has acquired the Port of Stephenville, located on the West coast of Newfoundland, Canada. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in Atlantic Canada which

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

$12-billion mega Bay du Nord oil project put on the back burner for three years

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Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.

about 3 years ago
Marubeni unites with Pembina for development of ammonia supply chain
Business Developments & Projects

Marubeni unites with Pembina for development of ammonia supply chain

Japan’s Marubeni Corporation has signed a Memorandum of Agreement (MoA) with Canada’s Pembina Pipeline Corporation to co-develop a low-carbon ammonia supply chain from Western Canada to Japan and other Asian markets. The project includes the joint development, on a 50/50 basis, of a global-scale, lo

about 3 years ago
Deepwater Invictus drillship (for illustration purposes); Source: BHP (now Woodside)
Business Developments & Projects

U.S. offshore rig count takes another downward step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down another notch last week.

about 3 years ago
HaiSea Marine welcomes first electric tugboat for LNG Canada project
Business Developments & Projects

HaiSea Marine welcomes first electric tugboat for LNG Canada project

HaiSea Marine, a joint venture majority-owned by the Haisla Nation in partnership with Seaspan ULC, has taken delivery of the first of three emissions-free battery electric tugs that will operate at LNG Canada’s new export facility in Kitimat, British Columbia. The vessel named HaiSea Wamis was buil

about 3 years ago
G7 meeting; Source: International Energy Agency (IEA)
Business Developments & Projects

G7 upping the green and low-carbon ante while gas is still king of energy throne

The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

about 3 years ago
Quebec government to invest $8.7mln in development of smart corridor
Business Developments & Projects

Quebec government to invest $8.7mln in development of smart corridor

The Quebec government has decided to invest $8.7 million in the development of the St. Lawrence Smart Corridor.

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

U.S. offshore rig count loses upward traction and slips down a notch

Following two weeks of slow growth, the number of offshore rigs in the U.S. dropped down to 21 units last week.

about 3 years ago
World’s first fully-electric tugboat en route to Seaspan in Canada
Business Developments & Projects

World’s first fully-electric tugboat en route to Seaspan in Canada

HaiSea Wamis, the world’s first fully electric harbour tugboat, has left Sanmar Shipyards, Turkey, and is now on its way to Seaspan in Vancouver, Canada. Shipping company Seaspan announced the news on its social media, informing that the tugboat left Sanmar late last week. Seaspan noted that the Hai

about 3 years ago
LNG Canada
Business Developments & Projects

LNG Canada working on berth facility for HaiSea Marine’s eco-friendly tugboats

The LNG Canada project in the port of Kitimat, a joint venture of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation, is advancing works at its tug berth facility which will support HaiSea Marine’s new fleet of electric battery-powered and low-emissions tugboats. According

about 3 years ago
Deepwater Atlas drillship (for illustration purposes); Source: Transocean
Business Developments & Projects

U.S. offshore rig count continues its slow ascent with another upward step

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States kept its upward movement last week.

about 3 years ago
$16 million subsea order lands on Kraken Robotics' table
Business Developments & Projects

$16 million subsea order lands on Kraken Robotics’ table

Canada’s Kraken Robotics has received a purchase order for subsea batteries valued at $16 million, with deliveries set to occur this and next year. With this order, Kraken said it had now received more than $30 million of purchase orders in the last six months for its SeaPower subsea batteries. The

about 3 years ago
Coastal GasLink ends winter season with nearly 87% of construction complete
Business Developments & Projects

Coastal GasLink ends winter season with nearly 87% of construction complete

TC Energy-led Coastal GasLink has entered spring with nearly 87% of construction complete. In an April update on its official website, it listed the following achievements: More specifically, in regard to the project’s sections individually, Coastal GasLink noted that while pipe installation is comp

about 3 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business Developments & Projects

International offshore rig count slips a notch

Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.

about 3 years ago