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Business Developments & Projects

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Andritz opens electrolyzer gigafactory in Germany
Business Developments & Projects

Andritz opens electrolyzer gigafactory in Germany

Technology group Andritz has opened a new electrolyzer facility in Erfurt, Germany, designed to deliver an initial annual production capacity of approximately one gigawatt (1 GW).

about 1 year ago
CMA CGM
Business Developments & Projects

CMA CGM receives next 24,000 TEU LNG-fueled containership from Hudong-Zhonghua

Marseille-based shipping giant CMA CGM has taken delivery of its second 24,000 TEU liquefied natural gas (LNG)-powered container vessel constructed by China’s Hudong-Zhonghua Shipbuilding. As the company disclosed in a LinkedIn post, the CMA CGM Saint Germain was handed over during a ceremony held o

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about 1 year ago
Pharos assets in Vietnam; Source: Pharos Energy
Business Developments & Projects

Farm-out talks and rig search ongoing: Exploration timeframe for Asian duo gets prolonged

Pharos Energy has confirmed a license extension for two blocks in the moderate to deepwater Phu Khanh Basin, northeast of the Cuu Long Basin, off the coast of Vietnam.

about 1 year ago
Data-driven cable monitoring extended at world’s largest tidal array
Business Developments & Projects

Data-driven cable monitoring extended at world’s largest tidal array

UK-based climate tech start-up Indeximate has secured a three-year extension to provide cable condition monitoring for SAE Renewables’ MeyGen tidal array in Caithness, Scotland. The contract, active since March 2024, includes an annual subscription to the company’s Scattersphere system, used to mon

about 1 year ago
Australian trio sets out to launch ammonia bunkering operations by 2030
Business Developments & Projects

Australian trio sets out to launch ammonia bunkering operations by 2030

Australian company NH3 Clean Energy has signed a joint development agreement (JDA) with compatriot Oceania Marine Energy and Pilbara Ports Authority to establish low-emissions ammonia bunkering operations at the Port of Dampier.

about 1 year ago
Admarine 510 jack-up rig; Source: ADES
Business Developments & Projects

New offshore drilling gig on the menu for ADES’ 2019-built rig

The AIM-listed oil and gas company Tower Resources has sent a letter of award to Advanced Energy Systems (ADES), part of Saudi Arabia-headquartered ADES Holding, for a rig contract in Cameroon, Central Africa.

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

Qatar’s LNG newbuilds getting safety upgrade under €22.7M deal

Maritime Protection, an affiliate of global survival technology solutions provider Survitec, has won a contract to supply dry inert gas systems for 24 liquefied natural gas (LNG) carriers under construction in China as part of QatarEnergy’s LNG fleet expansion program.

about 1 year ago
Source: Nauticus Robotics
Business Developments & Projects

Nauticus Robotics and Open Ocean Robotics team up on subsea asset monitoring

U.S.-based developer of subsea autonomous robotic systems and software, Nauticus Robotics, and Canada-based Open Ocean Robotics have unveiled a new collaboration aimed at transforming how subsea assets are monitored and maintained across the offshore energy sector. The partnership combines Nauticus’

about 1 year ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

$50 billion LNG project gains momentum as Eni and YPF strike a deal

Given the expectations surrounding the role of gas in the future energy mix, Eni and YPF have come up with a roadmap to pave the way for a final investment decision (FID) to be taken for a phase of a proposed liquefied natural gas (LNG) project in the Sierra Grande Norte.

about 1 year ago
Princess Elisabeth Energy Island visualization; Source: Elia
Business Developments & Projects

Cost hike prompts alternative concept search for second UK-Belgium interconnector

Given the recent increases in the cost of high-voltage direct current (HVDC) infrastructure, a new approach will be devised to construct the next phase of an energy island envisioned to be built some 45 kilometers off the Belgian coast, including the development of a second interconnector between Be

about 1 year ago
Marubeni
Business Developments & Projects

Envision Energy and Marubeni enter green ammonia offtake agreement

Chinese corporation Envision Energy and Japanese conglomerate Marubeni have entered a green ammonia offtake agreement to fast-track the global transition to low-carbon energy solutions.

about 1 year ago
Noble's Noble GreatWhite, former Ocean GreatWhite rig; Source: Green Yard Feda
Business Developments & Projects

Noble rig secures spot at Norwegian yard after UK drilling gig

Noble Corporation has booked a yard stay at Green Yard Feda, located close by Flekkefjord in southern Norway, for a semi-submersible, said to be one of the world’s largest and most advanced harsh-environment drilling rigs.

about 1 year ago
PIL adds second 8,200 TEU containership to LNG dual-fuel fleet
Business Developments & Projects

PIL adds second 8,200 TEU containership to LNG dual-fuel fleet

Singapore-based shipping company Pacific International Lines (PIL) is advancing its fleet renewal program with the addition of another 8,200 TEU LNG dual-fuel containership.

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Business Developments & Projects

TotalEnergies books Noble drillship for work in Oceania

TotalEnergies has picked a drillship owned by Noble Corporation, a U.S.-based offshore drilling player, for a drilling campaign off the coast of Papua New Guinea in the southwestern Pacific.

about 1 year ago