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Business Developments & Projects

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Illustration; Source: KCA Deutag
Business Developments & Projects

Helmerich & Payne-KCA Deutag merger establishes driller with ‘robust geographic and operational mix‘

U.S.-headquartered rig technologies and drilling solutions player Helmerich & Payne (H&P) has wrapped up its business combination with KCA Deutag.

about 1 year ago
Long-term use of biofuels as marine fuel depends on affordable supply, DNV says
Business Developments & Projects

Long-term use of biofuels as marine fuel depends on affordable supply, DNV says

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While biofuels still hold a reputation as a promising solution to the decarbonization of the maritime sector, their long-term use could be hindered by limited supply in the future, DNV pointed out in the latest white paper.

about 1 year ago
UK’s Hydrogen Energy Association appoints new CEO
Business Developments & Projects

UK’s Hydrogen Energy Association appoints new CEO

United Kingdom’s (UK’s) Hydrogen Energy Association (HEA) has appointed Emma Guthrie as its new Chief Executive Officer (CEO), marking a new chapter in its role in the hydrogen energy sector.

about 1 year ago
High demand brings TGS four acquisition projects offshore Norway
Business Developments & Projects

High demand brings TGS four acquisition projects offshore Norway

Norway-based energy data and intelligence company TGS has secured four 4D streamer contract acquisition projects offshore Norway, three in the North Sea and one in the Barents Sea. The North Sea campaign is set to start in early Q2 with back-to-back scheduling and a total duration of approximately 1

about 1 year ago
Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation
Business Developments & Projects

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago
Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia
Business Developments & Projects

Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia

U.S. Plug Power has signed a purchase agreement with Australian Allied Green Ammonia (AGA) to supply three gigawatts (3 GW) of electrolyzer capacity to AGA’s green hydrogen-to-ammonia plant, currently under development in Australia.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Business Developments & Projects

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

University of Hawaii advances wave energy tech via TEAMER

The University of Hawaii (UH) has made strides in wave energy research through the U.S. Department of Energy’s (DOE) Testing Expertise and Access for Marine Energy Research (TEAMER) program. According to the Water Power Technologies Office (WPTO), TEAMER has facilitated testing and refinement for t

about 1 year ago
Large vessel at sea
Business Developments & Projects

Japanese giant christens one LNG carrier and takes order for another

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has named a liquefied natural gas (LNG) carrier to be chartered by TotalEnergies Gas & Power Limited (TGPL), a subsidiary of French energy firm TotalEnergies. Additionally, the firm signed a long-term charter contract for a LNG newbuild with compatriot

about 1 year ago
EPC contract in place for UK’s first large-scale low-carbon hydrogen plant
Business Developments & Projects

EPC contract in place for UK’s first large-scale low-carbon hydrogen plant

EET Hydrogen has selected Istanbul-based company ENKA for engineering, procurement, and construction (EPC) work on its flagship hydrogen production plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.

about 1 year ago
Keel laying marks official construction start of NKT's second cable layer
Business Developments & Projects

Keel laying marks official construction start of NKT’s second cable layer

Danish power cable manufacturer and installation company NKT has marked the official start of construction of its new cable-laying vessel (CLV) NKT Eleonora with the keel laying ceremony, some two months after the first steel was cut for the vessel. The official keel laying of NKT Eleonora took plac

about 1 year ago
Avina Clean Hydrogen’s large-scale ammonia project in US gains ground
Business Developments & Projects

Avina Clean Hydrogen’s large-scale ammonia project in US gains ground

U.S. green hydrogen producer Avina Clean Hydrogen has completed the front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility located in the Texas Gulf Coast.

about 1 year ago
Ksi Lisims LNG concept; Source: Western LNG
Business Developments & Projects

Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID

Canada’s proposed 12-million-tonne-per-year liquefied natural gas (LNG) project on Pearse Island at the northwest coast of British Columbia (B.C.) is off to a great start in 2025 with new equity funding in place to fully support remaining development activities through to a final investment decision

about 1 year ago
MOL names latest addition to QatarEnergy’s growing LNG fleet
Business Developments & Projects

MOL names latest addition to QatarEnergy’s growing LNG fleet

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has hosted a naming ceremony for a liquefied natural gas (LNG) carrier it is building for QatarEnergy’s historic LNG shipbuilding program.

about 1 year ago