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Business Developments & Projects

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Rio Grande LNG terminal; Courtesy of NextDecade
Business Developments & Projects

TotalEnergies follows in Aramco’s footsteps with 20-year US LNG offtake deal secured

TotalEnergies has exercised its purchase option and inked a multi-year LNG sale and purchase agreement (SPA) with NextDecade, enabling sufficient commercial agreements in place to back a positive final investment decision (FID) on the fourth train at an LNG export project in Texas, United States.

about 1 year ago
With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering
Business Developments & Projects
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With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering

The Dutch Port of Rotterdam has hosted an ammonia bunkering pilot at the Maasvlakte 2 APM terminal, validating the safety framework for ammonia bunkering and marking “an important step” toward sustainable shipping.

about 1 year ago
Chinese cabling giant buys into two UK companies, enters Morocco-UK power project
Business Developments & Projects

Orient Cable wins contract for China’s ‘longest’ offshore wind export cable route

Chinese power cable manufacturer Orient Cable has been awarded two new export cable contracts in its home country, one of which involves the supply of a 500 kV line for what the company says is the longest offshore distance in China’s offshore wind so far. On April 14, Orient Cable (NBO) said that,

about 1 year ago
Auctioneer selected for cross-border transmission capacity of first UK-Germany energy link
Business Developments & Projects

Prysmian hires NextGeo for bomb hunt at first UK-Germany energy link

Italian cabling giant Prysmian Group has awarded compatriot Next Geosolutions (NextGeo) with a contract for potential unexploded ordnance (pUXO) identification and clearance along the route of NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link betwe

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

Eni and YPF pooling resources to speed up LNG project amid global gas rush

Eni has made a move to join forces with Argentina’s oil and gas firm YPF to work on jointly evaluating a phase of a proposed liquefied natural gas (LNG) project in the Sierra Grande Norte, on the South American country’s Atlantic coast.

about 1 year ago
German Energiequelle to work on its first hydrogen project in Finland
Business Developments & Projects

German Energiequelle to work on its first hydrogen project in Finland

Energiequelle Finland, a part of German energy company Energiquelle, has received planning consent for its Oulu Green Hydrogen Park project from Finland’s city of Oulu.

about 1 year ago
ABS greenlights Tritec Marine’s 20,000 cbm LNG bunker vessel design
Business Developments & Projects

ABS greenlights Tritec Marine’s 20,000 cbm LNG bunker vessel design

Tritec Marine, a subsidiary of Northern Marine Group and Stena Group, has received approval in principle (AiP) from classification society American Bureau of Shipping (ABS) for its Safe Bunker 20,000 cubic meter (cbm) LNG bunker vessel design.

about 1 year ago
French floating solar company HelioRec has signed a memorandum of understanding (MoU) with Shoreham Port to develop a floating solar power project in the UK.
Business Developments & Projects

HelioRec partners with Shoreham Port for UK floating solar project

French floating solar company HelioRec has signed a memorandum of understanding (MoU) with Shoreham Port to develop a floating solar power project in the UK. According to HelioRec, the move supports the port’s decarbonization efforts and aligns with HelioRec’s model of turning unused water space in

about 1 year ago
Navantia UK starts making subsea structures for Shell's gas field earlier than planned
Business Developments & Projects

Earlier than planned: Navantia UK starts making subsea structures for Shell’s gas field

Navantia UK has cut the first steel at its recently-purchased Arnish facility for subsea structures destined for Shell’s project offshore Trinidad and Tobago, earlier than planned. It was reported in February that Navantia UK had won a contract with McDermott Trinidad Ltd. for the delivery of subsea

about 1 year ago
FPSO Cidade de Vitória; Source: BW Energy
Business Developments & Projects

Oil uplift coming up next on Brazilian field’s horizon

BW Energy has taken a final investment decision (FID) for a project that aims to up the oil production ante at its field in the Espírito Santo Basin off the coast of Brazil.

about 1 year ago
An evening photo of Prysmian's vessel Leonardo da Vinci
Business Developments & Projects

Prysmian wraps up export cable work at Sofia offshore wind farm

Prysmian has completed the installation and HV testing of the export subsea cables that connect the Sofia offshore wind farm to the UK mainland. The 1.4 GW offshore wind farm comprises more than 440 kilometers of ±320 kV offshore export cables with XLPE insulation, manufactured in Prysmian’s Pikkala

about 1 year ago
FPSO Anasuria; Source: EnerMech
Business Developments & Projects

North Sea FPSO job goes to EnerMech

EnerMech has landed a new assignment for a floating production, storage, and offloading (FPSO) vessel operating in the North Sea on the UK Continental Shelf (UKCS).

about 1 year ago
Three NYK shipping and ship management companies to merge
Business Developments & Projects

Three NYK shipping and ship management companies to merge

Three shipping and ship management companies within the Japanese NYK Group – namely, Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport – will merge to enhance competitiveness in the industry.

about 1 year ago
Illustration/The AR1500 tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Business Developments & Projects

MeyGen tidal turbine delivers highest-ever output since installation

UK-based tidal energy company Proteus Marine Renewables (PMR) has confirmed that the AR1500 tidal turbine deployed at the MeyGen site in Scotland exported 372 MWh of electricity in March 2025, marking the turbine’s highest monthly output since it began operations in 2017. According to PMR, the turbi

about 1 year ago