Business Developments & Projects
BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project
Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on
SapuraOMV begins production from Malaysian gas field
Malaysia’s independent gas producer and operator SapuraOMV Upstream, soon-to-be completely owned by French energy giant TotalEnergies, has begun gas production from its Jerun field offshore Sarawak. Discovered in 2015 and having reached a final investment decision (FID) in March 2021, the Jerun plat
AIDA Cruises achieves its highest monthly value for shore power usage
AIDA Cruises has recorded the highest monthly value for shore power usage by ensuring the supply of its ships with green energy from shore during 45 calls at European ports in June 2024.
Woodside orders pipe for Mexican deepwater oil project from Greek supplier
Greece’s Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has secured a contract it deems as significant with Woodside Energy to deliver pipes for a deepwater oil project offshore Mexico. Under the contract, Corinth Pipeworks will manufacture and supply approximately 118 kilometers of
After no luck in June, Norwegian player makes oil & gas discovery in North Sea
After having no luck with an exploration well in mid-June, Norwegian oil and gas company Wellesley Petroleum has proven oil and gas in another well located in the North Sea. Wellesley Petroleum found oil and gas in the Gnomoria Appraisal (35/10-12 S) well located about 100 kilometers southwest of Fl
X-Press Feeders launches Europe’s first green methanol-powered feeder network
X-Press Feeders has started Europe’s first scheduled feeder network serviced by green methanol-powered vessels and named its first dual-fuel methanol-powered vessel.
Heerema’s giant heavy lift vessel tasked with putting North Sea gas platform in place
ONE-Dyas has hired Heerema Marine Contractors’ semi-submersible crane vessel (SSCV) to place its new gas platform at its designated spot in the North Sea.
DNV rolls out new class notations for hydrogen vessels, onboard carbon capture
Classification society DNV has introduced two new class notations for hydrogen-fueled newbuilds and carbon capture and storage onboard ships.
Sulmara completes site characterization survey in Taiwan
Scotland-headquartered Sulmara has completed a site characterization survey for the Formosa 4 offshore wind project in Taiwan, developed by Synera Renewable Energy (SRE). To overcome challenging environmental site conditions, Sulmara said it employed an industry-first, multi-platform approach runnin
EU partnership looking into floating power generation hub with CO2 capture and storage
Dutch provider of offshore floating facilities SBM Offshore and Norwegian energy solutions development company Ocean-Power have signed a partnership agreement to collaborate on a floating power generation hub with CO2 capture and storage. With the signature of a memorandum of understanding (MoU), th
Wärtsilä to provide simulator technology for Wavelink Maritime Institute
Finnish Wärtsilä has supplied its new dual-fuel engine simulator technology for Singapore’s Wavelink Maritime Institute (WMI).
Scottish duo completes first phase of OpenHydro tidal platform decommissioning
The decommissioning is taking place at the European Marine Energy Centre’s (EMEC’s) Falls of Warness test site.
New VARD cable layer destined for Danish firm hits the water
The cable-laying vessel (CLV) that Norwegian ship designer and shipbuilder VARD is building for Danish subsea specialist NCT Offshore has hit the water in Romania. NCT placed the order for the 95-meter-long CLV with VARD in early 2023, with Vard Design in Ålesund, Norway, in charge of the design, Va
Danaos invests $509 million in five new methanol-ready containerships
Danaos Corporation has ordered five new methanol-ready containerships for $509 million at Chinese shipyards.