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Business Developments & Projects

Hapag-Lloyd welcomes another ‘Hamburg Express’ class containership to its fleet

German container shipping major Hapag-Lloyd has added the eleventh ‘Hamburg Express’ class containership to its fleet.

about 1 year ago

Business Developments & Projects

A.P. Moller Holding now owns 93.4% stake in Svitzer

Danish investment company A.P. Moller Holding has completed its voluntary recommended purchase offer for the issued shares in compatriot towage services provider Svitzer.

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about 1 year ago

Swiss set up firm with Timor-Leste to develop 250-kilometer natural gas pipeline

Business Developments & Projects

Swiss set up firm with Timor-Leste govt to develop 250-kilometer natural gas pipeline

Switzerland-based StreamTec Solutions has signed a cooperation agreement with Timor-Leste’s national oil & gas company Timor Gás & Petróleo, E.P. (TIMOR GAP) and the Ministry of Petroleum and Mineral Resources (MPRM) to establish a company that will develop an underwater pipeline highway for the tra

about 1 year ago

Appraisal well was drilled by COSL Prospector rig; Source: COSL

Business Developments & Projects

All systems go for Equinor’s drilling ops with COSL rig next month

Equinor has secured a drilling permit for an exploration well in the Barents Sea off the coast of Norway, which will be drilled next month with COSL Drilling Europe’s semi-submersible rig.

about 1 year ago

Business Developments & Projects

Greek LNG terminal upgrade targets emissions-free ops

Greece’s gas grid operator DESFA has updated the liquefied natural gas (LNG) terminal it operates in the country to boost its sustainability.

about 1 year ago

FPSO Cidade de Itajaí; Source: Altera Infrastructure

Business Developments & Projects

New owner takes over Brazilian FPSO

Karoon Energy has closed the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is working on its project off the coast of Brazil.

about 1 year ago

Business Developments & Projects

CPN performs ‘record-breaking’ B24 biofuel bunkering operation

Hong Kong-based bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has achieved a new milestone by completing China’s largest B24 marine biofuel bunkering operation.

about 1 year ago

Business Developments & Projects

Perenco’s drilling ops in Caribbean unlock more gas

Perenco Trinidad & Tobago (Perenco T&T), a subsidiary of Anglo-French oil and gas player Perenco, has made a new natural gas discovery in the Caribbean, which is expected to enable the firm to boost its hydrocarbon production off the southeast coast of Trinidad and Tobago.

about 1 year ago

Business Developments & Projects

Italy’s Edison welcomes inaugural LNG cargo from Louisiana plant

Italian utility company Edison has welcomed its first liquefied natural gas (LNG) shipment hailing from the export facility in Cameron Parish, Louisiana, operated by U.S.-based LNG export project developer Venture Global.

about 1 year ago

Business Developments & Projects

DEME acquires stake in German offshore wind drilling company

DEME Group has acquired a 50% stake in Germany-based Bauer Offshore Technology, which provides drilling services for the construction of offshore wind foundations. DEME Group’s wholly owned subsidiary DEME Offshore Holding acquired a stake in the Schobenhausen-based company. Bauer Offshore Technolog

about 1 year ago

Danish wave energy technology company Exowave is entering a crucial phase in developing its wave energy technology. The power take-off (PTO) system is set for wet testing in the coming weeks.

Business Developments & Projects

Exowave completes factory acceptance test of its wave energy system (Video)

Danish wave energy technology company Exowave has completed the factory acceptance test (FAT) of its wave energy converter (WEC) power take-off (PTO) system, marking a step forward in its roadmap to deliver megawatt-scale wave energy plants in the Danish North Sea by 2030. The test was independently

about 1 year ago

Business Developments & Projects

Canadian oil & gas firm rolls out new name

Canadian oil and gas company Africa Oil Corp. has presented a new identity, which entails a name change.

about 1 year ago

FPSO Baobab Ivoirien; Source: Drydocks World

Business Developments & Projects

Boskalis vessels carry out ‘all in one’ FPSO job for MODEC

Boskalis has finished its assignment off the coast of Côte d’Ivoire, where its fleet of anchor handling and oceangoing tugs undertook work related to a floating production, storage, and offloading (FPSO) vessel, which is going to be refurbished in the UAE to enable it to remain on duty in West Afric

about 1 year ago

Business Developments & Projects

With ‘strong market interest’, VTTI advances Amplifhy project to the next phase

Following the request for expression of interest, the Dutch energy infrastructure firm VTTI is taking its Amplifhy project, which includes the development of ammonia import terminals and cracking facilities in Rotterdam and Antwerp, to the next phase of its open season.

about 1 year ago