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Business Developments & Projects

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Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe
Business Developments & Projects

Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe

Abu Dhabi Future Energy Company (Masdar) and French renewable hydrogen producer Lhyfe have entered a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe.

about 1 year ago
Hywind Tampen wind farm (on the horizon) powers the Gullfaks and Snorre fields; Credit: Ole Jørgen Bratland/Equinor
Business Developments & Projects
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Norwegian oil & gas electrification story takes another step forward with multimillion-dollar deal

Equinor has made a move to progress its offshore oil and gas electrification plans on the Norwegian Continental Shelf (NCS) by handing out a contract for early stage engineering services to Multiconsult Norge, in collaboration with subcontractors Aker Solutions and fully owned subsidiary LINK Arkite

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

With funds for Louisiana LNG terminal secured, Texas firm eyes FID in second half of 2025

Kimmeridge Texas Gas (KTG) has obtained funds for its proposed liquefied natural gas (LNG) terminal near Cameron, Louisiana.

about 1 year ago
An image showing a map of Hornsea offshore wind projects with Hornsea 4 highlighted
Business Developments & Projects

Geotechnical surveys to start at Hornsea Four site in February

Geotechnical survey works are scheduled to commence at the Hornsea Four offshore wind farm site in the UK in February 2025. The geotechnical seabed investigations, which include boreholes and cone penetration tests (CPTs), will be conducted using survey vessels Connector, Geoquip Saentis, and Geoqui

about 1 year ago
US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee
Business Developments & Projects

US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee

U.S. hydrogen solutions company Plug Power has closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to support its hydrogen buildout.

about 1 year ago
Netherlands zooms in on offshore hubs and interconnectors over energy islands
Business Developments & Projects

Netherlands looking at offshore hubs and interconnectors, where does hydrogen stand?

Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o

about 1 year ago
Illustration; Source: Petronas
Business Developments & Projects

Petronas moves forward with oil field development in Indonesian waters

Petronas has confirmed a final investment decision (FID) for an oil field in the North Madura II contract area, East Java, Indonesia.

about 1 year ago
Ship docked at an LNG terminal
Business Developments & Projects

Thai player welcomes inaugural LNG shipment

Gulf LNG, a subsidiary of Thailand’s Gulf Energy Development, has received its first liquefied natural gas (LNG) cargo.

about 1 year ago
H2SITE raises €36 million to advance hydrogen technology
Business Developments & Projects

H2SITE raises €36 million to advance hydrogen technology

Spain-based hydrogen solutions provider H2SITE has secured €36 million in its Series B funding round from a consortium of investors to advance the deployment of its proprietary hydrogen technology.

about 1 year ago
Belgium and Norway looking into hybrid interconnector
Business Developments & Projects

US and Nordic-Baltic partners agree to increase subsea infrastructure safety

Norway, its Nordic-Baltic allies, and the U.S. have agreed to take steps to enhance the security of subsea infrastructure, including undersea cables and pipelines. This measure is part of a broader effort to lessen vulnerabilities in critical infrastructure and safeguard national and regional securi

about 1 year ago
Clean Hydrogen Partnership issues €184.5 million call for proposals
Business Developments & Projects

Clean Hydrogen Partnership issues €184.5 million call for proposals

The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation (R&I) activities in hydrogen technologies in Europe, has launched its new call for proposals with a budget of €184.5 million for projects.

about 1 year ago
Viking Line expands biofuel-based initiative to three vessels on Helsinki routes
Business Developments & Projects

Viking Line expands biofuel-based initiative to three vessels on Helsinki routes

Viking Line will introduce its biofuel-based sustainable initiative for reducing GHG emissions from conference trips on three vessels on its Helsinki routes.

about 1 year ago
Höegh Autoliners
Business Developments & Projects

Höegh Autoliners secures work for its car carriers

Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car producers’ for the transport of cars in the company’s key trade lanes.

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

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

about 1 year ago