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Business Developments & Projects

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ATCO and Kansai pursue development of clean fuels supply chain between Canada and Japan
Business Developments & Projects

ATCO and Kansai pursue development of clean fuels supply chain between Canada and Japan

Canadian engineering, logistics, and energy company ATCO, through its investment in Canadian Utilities Limited, is collaborating with Japanese company Kansai Electric Power to develop an integrated clean fuels supply chain between Canada and Japan. The two companies have completed a pre-feasibility

about 3 years ago
Noble Invincible rig (for illustration purposes); Source: Noble
Business Developments & Projects
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International offshore rig count on the upswing

Baker Hughes’ international rig count report shows that the number of offshore rigs was on the rise in March 2023, surging upward by 6 units.

about 3 years ago
Oil barrels (illustration); Source: Equinor
Business Developments & Projects

Canada ranked as preferred global oil supplier with fossil fuels carving a place in energy transition, shows Ipsos study

Ipsos has asked respondents in 28 countries around the world to complete a ranked ballot of eight oil-producing nations.

about 3 years ago
Stolt Tankers
Business Developments & Projects

Stolt Tankers to apply graphene-based propeller coatings to 25 ships

Norwegian chemical tanker company Stolt Tankers, a subsidiary of Stolt-Nielsen, has signed a two-year agreement with Canada-based Graphite Innovations & Technology (GIT). Under the deal Stol Tankers will apply GIT’s XGIT-PROP graphene-based marine coating to the propellers of 25 ships during 2023. G

about 3 years ago
HOPA Ports eyes green hydrogen from Atura Power to reduce carbon footprint
Business Developments & Projects

HOPA Ports eyes green hydrogen from Atura Power to reduce carbon footprint

Canada’s Hamilton-Oshawa Port Authority (HOPA), an integrated port network, has signed a memorandum of understanding (MoU) with Atura Power, a subsidiary of Ontario Power Generation (OPG), to acquire green hydrogen. HOPA, the largest Port on the Great Lakes operating multi-modal transportation facil

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Business Developments & Projects

Equinor hands out FEED deal for FPSO destined to work at Bay du Nord oil project

Equinor has awarded a letter of intent to KBR for the front-end engineering design (FEED) of topside facilities for the Bay Du Nord FPSO.

about 3 years ago
Technip Energies secures pre-FEED contract for Hy2gen’s Courant project
Business Developments & Projects

Technip Energies secures pre-FEED contract for Hy2gen’s Courant project

Green hydrogen production company Hy2gen has commissioned engineering and technology company Technip Energies to complete a pre-FEED study for its renewable hydrogen and renewable ammonia project, named Courant, located in Baie Comeau, Quebec, Canada. The pre-FEED phase for the project started at th

about 3 years ago
Transocean Enabler rig (for illustration purposes); Source: Transocean
Business Developments & Projects

U.S. offshore rig count comes to a standstill

Following slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat last week.

about 3 years ago
Yara joins forces with Enbridge for blue ammonia project in US
Business Developments & Projects

Yara joins forces with Enbridge for blue ammonia project in US

Yara Clean Ammonia, a subsidiary of Norwegian fertiliser company Yara International, and Enbridge, a Canadian pipeline and energy company, have signed of a letter of intent to jointly develop and construct a world scale low-carbon blue ammonia production facility as equal partners. According to Yara

about 3 years ago
Canadian project ditches LNG for hydrogen production
Business Developments & Projects

Canadian project ditches LNG for hydrogen production

While several Canadian LNG projects are progressing with environmental permits and construction milestones, a Nova Scotia-registered company has decided to stop advancing an LNG project on the Strait of Canso and proposed constructing and operating a green hydrogen and ammonia facility instead. Bear

about 3 years ago
Titan takes delivery of first of two small-scale LNG carriers from Seapeak
Business Developments & Projects

Titan takes delivery of first of two small-scale LNG carriers from Seapeak

Low and zero-emission fuels supplier Titan has taken delivery of the first of a recently acquired set of two LNG carriers, the Titan Unikum. According to Titan, the carrier was delivered on 24 March in Gibraltar and then sailed to Vigo, Spain, to start the conversion into an LNG bunker vessel at Met

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

ExxonMobil deal enables QatarEnergy to add more offshore acreage to its oil & gas portfolio

QatarEnergy has expanded its offshore exploration portfolio in Atlantic Canada, thanks to a farm-in agreement with ExxonMobil.

about 3 years ago
West Capella drillship (for illustration purposes); Source: Seadrill
Business Developments & Projects

U.S. offshore rig count continues its upward trajectory

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States kept its forward momentum by adding one unit last week.

about 3 years ago
Woodfibre LNG commits to net zero by 2027
Business Developments & Projects

Woodfibre LNG commits to net zero by 2027

Canadian Woodfibre LNG, a project being developed by Pacific Energy and Enbridge, has revealed its plan to achieve net-zero emissions by the time operations start in 2027, or 23 years ahead of government regulation. The target was set in Woodfibre LNG’s Roadmap to Net Zero which was announced on 23

about 3 years ago