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Business Developments & Projects

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Samsung E&A secures $1.7 billion deal to build UAE’s first methanol plant
Business Developments & Projects

Samsung E&A secures $1.7 billion deal to build UAE’s first methanol plant

TA’ZIZ awarded an engineering, procurement, and construction (EPC) contract worth $1.7 billion to Samsung E&A for UAE’s first methanol plant.

about 1 year ago
Offshore platform machinery
Business Developments & Projects

Rig quartet off Guyana to feature ‘world first’ safety tech combination

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has joined forces with Norway’s Intellilift to install a solution aimed at enhancing the safety of critical equipment and personnel on four drilling platforms offshore Guyana.

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about 1 year ago
SEFE unites with ACWA Power to supply green hydrogen to Europe
Business Developments & Projects

SEFE unites with ACWA Power to supply green hydrogen to Europe

Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.

about 1 year ago
CINEA
Business Developments & Projects

Turning innovative ideas into reality: CINEA presents 4 green maritime projects

The European Climate, Infrastructure and Environment Executive Agency (CINEA) has shared details of several ‘transformative waterborne projects’ that have moved from the R&D phase to a successful scale-up stage.

about 1 year ago
EemsEnergy Terminal
Business Developments & Projects

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Diversified offshore oil & gas services provider to arise with new merger
Business Developments & Projects

Diversified offshore oil & gas services provider to arise with new merger

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago
Rendering of a side view of an LNG terminal at the coast
Business Developments & Projects

Baker Hughes’ solution selected for Pelican State’s new LNG plant

Argent LNG, a U.S.-based energy company dedicated to developing liquefied natural gas (LNG) export solutions, has selected energy company Baker Hughes to supply the liquefaction solution and related services for its proposed natural gas export facility in Port Fourchon, Louisiana.

about 1 year ago
Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine
Business Developments & Projects

Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine

South Korea’s Hanwha Ocean and Hanwha Power Systems have formed a partnership with energy technology firm Baker Hughes to design and develop a new small-size ammonia gas turbine, with an aim to achieve carbon-free ship operations.

about 1 year ago
Chilean researchers have completed hydrodynamic tests on a wave energy converter (WEC) as part of an academic collaboration.
Business Developments & Projects

Chilean researchers test wave energy converter at hydrodynamic canal

Chilean researchers have completed hydrodynamic tests on a wave energy converter (WEC) as part of an academic collaboration between the University of Bío-Bío (UBB), the Austral University of Chile (UACH), the University of Edinburgh, and RWTH Aachen University. According to the representative from t

about 1 year ago
Repsol invests €2.549 billion in renewable hydrogen push
Business Developments & Projects

Repsol to invest more than €800 million in renewable methanol plant in Spain

Spanish energy giant Repsol has approved a more than €800 million investment in renewable methanol project Ecoplant in Tarragona.

about 1 year ago
FPSO Errea Wittu; Source: MODEC
Business Developments & Projects

Baker Hughes bags ‘major’ deal for ExxonMobil’s Guyana-bound FPSO duo

Baker Hughes has been hired on a multi-year assignment related to two floating production, storage, and offloading (FPSO) vessels, which are destined to work on two upcoming oil projects on the Stabroek block off the coast of Guyana, operated by an affiliate of America’s energy giant ExxonMobil.

about 1 year ago
Several people shoveling dirt at a groundbreaking ceremony
Business Developments & Projects

WATCH: Nigeria’s gas ‘revolution’ pressing forward with inauguration of 5 mini LNG plants

The Nigerian National Petroleum Corporation (NNPC) and its partners have held a ground-breaking ceremony for five mini-liquefied natural gas (LNG) plants in Ajaokuta, Nigeria’s Kogi State.

about 1 year ago
504 MW link between Ireland and Great Britain enters commercial operations
Business Developments & Projects

504 MW link between Ireland and Great Britain begins commercial operations

The Greenlink interconnector linking the electricity grids of Ireland and Great Britain has officially entered commercial operation, following more than three years of construction. The start of commercial operations took place on January 29 and was announced by James O’Reilly, Chief Executive Offic

about 1 year ago
Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline
Business Developments & Projects

Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline

The government of Denmark has introduced new initiatives to support the country’s emerging hydrogen market with billion-scale (DKK) funding and committed to establishing a Danish-German hydrogen pipeline by 2030. The government announced the new initiatives for hydrogen as well as offshore wind mark

about 1 year ago