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Business Developments & Projects

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FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Business Developments & Projects

BP’s biggest project achieves ‘key milestone’ as FLNG gets first gas

With floating liquefied natural gas (FLNG) commissioning activities in full swing, BP has achieved another first at a gas development off the coasts of Mauritania and Senegal, which is said to be the biggest project in its portfolio and one of the deepest, most complex gas developments in Africa.

about 1 year ago
A man and a woman standing next to each other
Business Developments & Projects

ADNOC’s $10B gas supply deal boosting UAE’s energy transition

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ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has entered into a long-term strategic partnership with Emirates Water and Electricity Company (EWEC), the procurer and supplier of water and electricity in Abu Dhabi. The duo has also signed a gas sales and purchase agreement (GSPA)

about 1 year ago
Maersk
Business Developments & Projects

Methanol-ready 12,800 TEU Maersk Eunapolis delivered

A methanol-ready 12,800 TEU containership—to be operated by Danish shipping giant Maersk—has been delivered at Japan Marine United (JMU) Corporation shipyard.

about 1 year ago
The Marine Energy All-Party Parliamentary Group (APPG) has been relaunched under the new UK Parliament, with Orkney and Shetland member of parliament (MP) Alistair Carmichael as chair.
Business Developments & Projects

UK Members of Parliament push for increased support for marine energy projects

Last week, a parliamentary debate brought the future of the UK’s marine energy sector into focus, as Members of Parliament (MPs) called for enhanced government support to harness the country’s tidal and wave energy potential. The discussion underscored the need for funding and initiatives to solidif

about 1 year ago
SEFE and Höegh Evi ally to establish international hydrogen supply chains
Business Developments & Projects

SEFE and Höegh Evi ally to establish international hydrogen supply chains

Germany’s Securing Energy for Europe (SEFE) and Norwegian energy infrastructure solutions provider Höegh Evi have signed a memorandum of understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe.

about 1 year ago
founder and CEO of WaveX, Simon Renwick
Business Developments & Projects

WaveX and Trident Energy unite for wave energy project in Western Australia

Australian wave energy company WaveX has signed a heads of agreement with UK-based Trident Energy to collaborate on advancing wave energy systems. According to WaveX, the partnership will focus on integrating Trident’s PowerPod linear generators into WaveX’s D-Spar wave energy converter (WEC) to enh

about 1 year ago
View of a port with a mountain in the background
Business Developments & Projects

South Africa getting more LNG from northern neighbor

Botala Energy, an Australian energy company focused on exploration and development opportunities for natural gas and renewables in Botswana, has signed a non-binding term sheet for a long-term liquefied natural gas (LNG) supply agreement with FFS Refiners (FFS), a South African hydrocarbon solutions

about 1 year ago
Gearbulk
Business Developments & Projects

MOL wraps up Gearbulk acquisition

Japanese shipping major Mitsui O.S.K. Lines has completed the acquisition of a majority stake in Swiss open-hatch vessel owner Gearbulk.

about 1 year ago
FPSO Dorado; Source: Santos
Business Developments & Projects

Australian player takes a rain check on FID for giant oil project

Santos has put off a final investment decision (FID) for a huge oil development project in the Bedout Basin off the coast of Western Australia (WA).

about 1 year ago
methane emissions
Business Developments & Projects

New solutions promise to cut methane emissions in shipping

There is a strong potential to cut fugitive methane emissions in the maritime industry, three new feasibility studies have shown.

about 1 year ago
Rendering of an LNG plant
Business Developments & Projects

LNG given prime spot in Trump’s new directive to unleash Alaska’s resource potential

The newly-elected U.S. President Donald Trump has issued an executive order instructing the federal government to maximize the development and production of natural resources in Alaska, including the development of a liquefied natural gas (LNG) project, due to their “critical national importance” an

about 1 year ago
The Oceanic Platform of the Canary Islands (PLOCAN) hosting the launch meeting of the European DESALIFE project.
Business Developments & Projects

Canary Islands kick off wave-powered desalination initiative

The Oceanic Platform of the Canary Islands (PLOCAN) has held the launch meeting of the European DESALIFE project. The project, led by Ocean Oasis Canarias, aims to validate a seawater desalination technology powered by wave energy that will be demonstrated in northern Gran Canaria. Key partners in D

about 1 year ago
Edda Freya; Source: DeepOcean
Business Developments & Projects

DeepOcean and Østensjø Rederi extend long-standing charters for three vessels

Norwegian ocean services provider DeepOcean has extended the charter agreements with Østensjø Rederi for three vessels, all under contract with DeepOcean since their delivery from shipyards. The companies have agreed to extend the existing contracts for Edda Freya and Edda Flora through 2026, and Ed

about 1 year ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

COSL rig spuds North Sea well as another awaits its turn in UK waters

Serica Energy has kicked off drilling operations at the next well in its multi-well drilling campaign and work-over program in the North Sea, with a rig from COSL Drilling Europe, which has one more well lined up with the British player on the UK Continental Shelf (UKCS).

about 1 year ago