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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Utkilen’s new LNG-ready chemical tanker hits the water in Turkey

Norwegian chemical tankers operator Utkilen has launched its LNG dual-fuel newbuild at İçdaş shipyard in Turkey. Utkilen revealed in a brief social media update that the ship named Listraum was launched on November 2. “The ship will be delivered with LNG tanks installed, reflecting our commitment to

about 2 years ago

Business Developments & Projects

Wheels up to change rules of oil & gas game in UK waters while windfall tax hike gets green light

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The United Kingdom (UK) plans to embark on consultations to come up with new environmental guidance for offshore oil and gas projects in the aftermath of the recent Supreme Court ruling.

13 minutes read

Two men sitting at a desk with two women standing behind them

Business Developments & Projects

TotalEnergies supplying Sinopec with LNG well into 2040s

France’s energy giant TotalEnergies has inked a heads of agreement (HoA) with China Petrochemical Corporation (Sinopec) for a multi-year sale of liquefied natural gas (LNG).

about 2 years ago

Business Developments & Projects

OCP and Engie eye green hydrogen and ammonia collaboration

OCP Group and Engie have taken a step towards launching several projects in renewable energy, energy storage, green hydrogen and ammonia, power infrastructure and sustainable desalination.

about 2 years ago

Business Developments & Projects

Argeo signs eight-year data agreement with Suriname’s oil & gas regulator

Norway’s subsea services provider Argeo has entered into an eight-year agreement with Staatsolie, Suriname’s oil and gas regulator and state oil company, for the acquisition, processing and sales of multi-client data in Suriname. The execution of the agreement will be performed in several phases ove

about 2 years ago

An engineer wearing safety harness onboard a vessel

Business Developments & Projects

Younger generations key to securing energy sector’s future and tackling skills deficit, report suggests

As part of its My Energy Future initiative, the global non-profit safety and skills body for the energy industry OPITO has published a report on barriers preventing young people from entering the energy sector to glean insights into the steps stakeholders might take to make the industry more appeali

about 2 years ago

Business Developments & Projects

Hapag-Lloyd welcomes another LNG dual-fuel 23,600 TEU containership

German shipping major Hapag-Lloyd has added another Hamburg Express Class 23,660 TEU containership to its fleet.

about 2 years ago

Chevron's Anchor deepwater project in Gulf of Mexico; Source: Chevron

Business Developments & Projects

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during th

14 minutes read

Business Developments & Projects

Chinese LNG bunkering player expands into European market

China Marine Bunker (PetroChina) (CHIMBUSCO), a Chinese physical supplier of marine fuel, has completed its first LNG bunkering operation in Europe, marking the official expansion of its alternative energy services to overseas markets. As disclosed, CHIMBUSO’s inaugural LNG bunkering operation in Eu

about 2 years ago

Rendering of gravity-based structure (GBS) design (for illustration); Source: Aker Solutions

Business Developments & Projects

Crown taking charge of LNG import terminals in UK and India

Crown LNG has concluded acquisition agreements related to two liquefied natural gas (LNG) import terminal projects, one in India and the other one in Scotland’s Firth of Forth.

about 2 years ago

Business Developments & Projects

New project for turning CO2 from smelters into renewable marine fuel launched in Iceland

Supported by technology and engineering companies Siemens Energy and Mitsubishi Heavy Industries, a new project seeking to capture more than one million tons per year of CO2 that will be used to produce renewable fuel for the maritime industry has been launched in Iceland. The so-called Carbon Icela

about 2 years ago

Business Developments & Projects

N-Sea’s fleet to expand with newbuild hybrid vessel in 2026

The Netherlands-headquartered N-Sea is set to expand its fleet with a newbuild hybrid survey and remotely operated vehicle (ROV) support vessel scheduled for delivery in 2026. N-Sea has signed a long-term charter agreement with Mainport Shipping for the delivery of the vessel named Geo Master, which

about 2 years ago

InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)

Business Developments & Projects

Sweden’s project gets €1.7M boost for wave energy converter technology

The INFINITY Project, coordinated by Sweden’s RISE Research Institute, has received €1.7 million in funding from the Clean Energy Transition Partnership (CETP) to advance lifetime-aware model predictive control (MPC) technology for wave energy converters (WEC). The three-year project, starting in De

about 2 years ago

Business Developments & Projects

TotalEnergies’ massive North Sea project days away from gas production capacity at full throttle

TotalEnergies is drawing closer to its goal of increasing output at its natural gas redevelopment project in the Danish sector of the North Sea to its full technical capacity.

about 2 years ago