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Business Developments & Projects

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Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

Venture Global okays third LNG project backed by $15B financing

U.S. energy player Venture Global has taken a final investment decision (FID) for the first phase of its export project in Louisiana, United States.

about 1 year ago
Location map of IPB's exploration permit WA-424-P in the Browse Basin; Source: IPB
Business Developments & Projects

Australian firm on the lookout for partners ahead of oil & gas drilling and development ops

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IPB Petroleum is seeking partners to secure funding for future hydrocarbon drilling and oil and gas development activities across its exploration permit in the Browse Basin off the coast of Western Australia.

about 1 year ago
Asso.subsea TenneT
Business Developments & Projects

TenneT picks Asso.subsea for 2 GW cable installation work in Germany

Asso.subsea has been awarded a nearshore cable installation contract for three projects under TenneT’s 2 GW program in Germany. The offshore grid connection projects are BalWin4, LanWin1, and LanWin5, located off the northwestern coast of Baltrum Island, in northern Germany. The contract marks the b

about 1 year ago
EXMAR launches its first ammonia-powered gas carrier
Business Developments & Projects

EXMAR launches its first ammonia-powered gas carrier

Belgian shipping company EXMAR has launched its first ammonia-powered gas carrier at HD Hyundai Mipo shipyard in South Korea.

about 1 year ago
Two workers on an offshore platform
Business Developments & Projects

ExxonMobil handing over reins of Australia’s legacy offshore asset to Woodside

Australia’s oil and gas giant Woodside Energy has signed a deal with the Australian subsidiary of U.S.-headquartered energy major ExxonMobil to assume the operatorship of assets situated off Victoria’s Gippsland coast.

about 1 year ago
Carnegie unlocks funding for European wave energy push
Business Developments & Projects

Carnegie unlocks funding for European wave energy push

Australian wave energy developer Carnegie Clean Energy has received two milestone payments totalling €290,855 under the EuropeWave Phase 3 contract, supporting the company’s ACHIEVE Program and the first European deployment of its CETO wave energy technology. The payments, made to Carnegie’s wholly

about 1 year ago
FSO concept for Murphy's oilfield; Source: Yinson Production
Business Developments & Projects

Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast of Vietnam, Southeast Asia.

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

First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program

Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea.

about 1 year ago
Lloyd’s Register okays HD KSOE’s 210,000 dwt multi-fuel bulk carrier design
Business Developments & Projects

Lloyd’s Register okays HD KSOE’s 210,000 dwt multi-fuel bulk carrier design

Lloyd’s Register (LR) has awarded approval in principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its 210,000 dwt multi-fuel Newcastlemax bulk carrier design.

about 1 year ago
Terntank returns to Econowind for wind-assisted propulsion on two more ships
Business Developments & Projects

Terntank returns to Econowind for wind-assisted propulsion on two more ships

Following ‘strong performance results’ from the first installations, Swedish shipping company Terntank has decided to equip two additional methanol-ready hybrid tankers with wind-assisted propulsion systems from Dutch specialist Econowind.

about 1 year ago
JDR's subsea control umbilical
Business Developments & Projects

Subsea7 takes delivery of subsea control umbilical for Belinda project

UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has completed the manufacture and load-out of a 7.4-kilometer subsea control umbilical, including subsea umbilical termination assemblies (SUTAs), for Subsea7 as part of the Serica Energy-operated Belinda pro

about 1 year ago
Holland Shipyards
Business Developments & Projects

Holland Shipyards passes a biofuel-capable diesel-electric cement carrier to Eureka Shipping

Dutch shipbuilder Holland Shipyards Group has delivered a 12,500 dwt diesel-electric cement carrier to Eureka Shipping, a cement carrier services provider jointly owned by Cyprus-based SMT Shipping and Canada’s CSL Group. The self-discharging vessel—christened Tamarack—was added to its owner’s roste

about 1 year ago
Researchers develop lightning-based method for ammonia production
Business Developments & Projects

Researchers develop lightning-based method for ammonia production

University of Sydney researchers have developed a lightning-based method for producing ammonia in gas form.

about 1 year ago
Bourbon's vessel; Source: Bourbon
Business Developments & Projects

Eni books Bourbon’s new vessel sextet for ops offshore Congo

Eni Congo, a subsidiary of Italy’s energy giant Eni, has hired six vessels on a multi-year assignment from Bourbon, a French maritime services provider, to support operations at its fields off the coast of Congo.

about 1 year ago