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Business Developments & Projects

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Business Developments & Projects

Petronas and Petrovietnam strengthen oil & gas ties

Petronas and the Vietnam National Industry – Energy Group (Petrovietnam) have joined forces to evaluate potential oil and gas blocks on Vietnam’s continental shelf.

about 1 year ago

Business Developments & Projects

Texan piping company bags over $27M for projects in MENA and the Americas

Texas-headquartered Perma-Pipe International has secured several projects in the Americas and the Middle East and North Africa (MENA) region that have a combined value of over $27 million. Perma-Pipe said that the projects would use its anti-corrosion coating capabilities and the XTRU-THERM insulati

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about 1 year ago

Business Developments & Projects

TotalEnergies firming up 15-year LNG deal to meet Caribbean nation’s energy needs

TotalEnergies is working on closing a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) in the Caribbean, which will enable it to assist the Dominican Republic in boosting its electricity supply.

about 1 year ago

Business Developments & Projects

Indian player nets engineering contract for hydrogen maritime project in Norway

Indian engineering solutions company Cyient has been selected to provide engineering services for the hydrogen production and distribution project at Langstranda in Bodø, Norway.

about 1 year ago

Business Developments & Projects

LNG-powered Quetzal ushers ‘next era’ of ocean shipping for Crowley

LNG-powered Quetzal, a newbuild containership chartered by Crowley from EPS, has set sail on its inaugural commercial voyage.

about 1 year ago

Deepsea Stavanger rig; Source: Odfjell Drilling

Business Developments & Projects

Aker BP gearing up to spud North Sea wildcat with Odfjell Drilling’s rig

Aker BP has secured a drilling permit for an exploration well in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago

Business Developments & Projects

2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany

Lithuania, Latvia and Germany are planning to jointly develop a hybrid offshore electricity interconnector between the two Baltic States and Germany, which would be 600 kilometers long and with a capacity of 2 GW. Lithuanian transmission system operator (TSO) Litgrid and its Latvian and German count

about 1 year ago

Business Developments & Projects

Wallenius Wilhelmsen taps Svitzer’s carbon insetting solution to cut emissions

Danish towage and marine services provider Svitzer has signed a contract related to its proprietary carbon insetting solution with Norwegian shipping and logistics player Wallenius Wilhelmsen in a joint bid to slash emissions across ‘key’ markets. As informed, under the terms of the agreement, Svitz

about 1 year ago

Business Developments & Projects

New shore power station at Hamburg port aces first practical test with MSC containership

MSC Athens, a containership owned by Swiss Mediterranean Shipping Company (MSC), has been charged with shore-side electricity in the first practical test for the newest shore-side power station of the Hamburg Port Authority (HPA).

about 1 year ago

CO2 capture solution for FPSOs; Courtesy of SBM Offshore

Business Developments & Projects

Japan’s MHI confirms joint study for FPSO CO2 capture modules with SBM Offshore

SBM Offshore is pooling resources with Japan’s Mitsubishi Heavy Industries (MHI) Group to undertake a study for the application of CO2 capture modules on future floating production, storage, and offloading (FPSO) units to be deployed on oil and gas fields operated by Brazil’s energy giant Petrobras.

about 1 year ago

Business Developments & Projects

Worley and Topsoe unite on e-methanol production in US

Worley has entered into a collaboration with Topsoe to accelerate standardized, modular e-methanol production plants in the U.S. Midwest.

about 1 year ago

Business Developments & Projects

BP and Chevron’s drilling ops yield black gold in Gulf of America

Two oil majors, BP and its partner, Chevron, have found more oil in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago

Business Developments & Projects

Aftermath of IMO’s net-zero framework: ‘Historic’ agreement or ‘total shipwreck’?

During the session held from April 7 to April 11, MEPC 83 approved the IMO Net-Zero Framework, said to be the first in the world to combine mandatory emissions limits and greenhouse gas (GHG) pricing across an entire industry sector.

about 1 year ago

Business Developments & Projects

MSC Cruises launches LNG-powered MSC World America in Miami

MSC Cruises, part of Switzerland-based shipping major MSC Group, has held a naming ceremony for its LNG-powered cruise ship MSC World America at the line’s new MSC Miami Cruise Terminal.

about 1 year ago