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Business Developments & Projects

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Amogy secures additional $56 million to commercialize its ammonia-to-power solution
Business Developments & Projects

Amogy secures additional $56 million to commercialize its ammonia-to-power solution

Amogy has raised $56 million in venture financing to accelerate commercializing its technology in markets such as maritime and stationary power generation.

about 1 year ago
Nexans, TenneT sign €1 billion LanWin2 offshore grid connection contract
Business Developments & Projects

Nexans, TenneT sign €1 billion LanWin2 offshore grid connection contract

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Nexans has secured the contract for the LanWin2 offshore grid connection in Germany, valued at €1 billion, under the framework agreement TenneT awarded the French subsea cable supplier in May 2023. The project involves the engineering, procurement, construction, and installation (EPCI) of 250 kilome

about 1 year ago
AtoB@C Shipping charters six eco-vessels from German shipowner
Business Developments & Projects

AtoB@C Shipping charters six eco-vessels from German shipowner

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has entered into long-term time charter contracts with German shipowner BAAS Shipping from six new low-emission vessels.

about 1 year ago
An offshore platform
Business Developments & Projects

Trident kicks off the new year with fresh Congo acreage

UK-headquartered oil and gas company Trident Energy has completed the acquisition of Chevron’s Congolese subsidiary and its in-country assets and a working interest in two fields from TotalEnergies off the coast of Congo.

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

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
New 800 MW green hydrogen project launched in Northern Germany
Business Developments & Projects

New 800 MW green hydrogen project launched in Northern Germany

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), and German Friesen Elektra Green Energy have initiated project Anker, a green hydrogen production facility in Sande, Northern Germany.

about 1 year ago
Ocean Thermal Energy Corporate's OTEC system
Business Developments & Projects

$3.5M contract sets stage for OTEC deployment at remote US Army base

The U.S. renewable energy company Ocean Thermal Energy Corporation (OTE Corp) has secured a $3.5 million contract from Johnson Controls for engineering planning and design under the U.S. Army’s Deep Energy Retrofit Assessment program at the U.S. Army Garrison Kwajalein Atoll (USAG-KA), a remote inst

about 1 year ago
NextGeo continues its expansion spree with purchase of another vessel
Business Developments & Projects

NextGeo continues its expansion spree with purchase of another vessel

As part of its growth and expansion plans aimed at strengthening the fleet and meeting increasing demand in the offshore sector, Italy-headquartered Next Geosolutions (NextGeo) has acquired another vessel, to be used for survey activities. NextGeo has completed the acquisition of the vessel Deep Hel

about 1 year ago
Gjøa; Source: Vår Energi
Business Developments & Projects

‘Great’ oil & gas exploration appetite bears fruit as Norway awards 53 new production licenses

As part of the award in the pre-defined areas 2024 (APA 2024) round, Norway’s Ministry of Petroleum and Energy has offered 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago
shipping
Business Developments & Projects

Trio to work on retrofit strategies amidst stricter maritime decarbonization targets

ABS, PCL, and PaxOcean have agreed to collaborate on developing retrofit strategies to support maritime decarbonization targets.

about 1 year ago
HD KSOE gets seals of approval for hydrogen tank technology
Business Developments & Projects

HD KSOE gets seals of approval for hydrogen tank technology

HD KSOE has obtained approvals in principle (AiPs) from LR, ABS, DNV and KR for its vacuum insulation system for liquid hydrogen (LH2) storage tanks.

about 1 year ago
Fincantieri
Business Developments & Projects

Fincantieri’s new JV to focus on circular economy-based waste management

Italian shipbuilder Fincantieri and compatriot Hera Group, a multi-utility company operating in the environment, energy, and water sectors, have established CircularYard, a joint venture to create an “innovative” waste management system at the former’s eight domestic shipyards with an approach roote

about 1 year ago
Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Business Developments & Projects

UK’s ‘largest’ gas and hydrogen energy storage project on track for FID in 2025

EnergyPathways has made progress in making its proposed large-scale energy storage project in the East Irish Sea ready for a final investment decision (FID) later this year by securing operatorship for a block encompassing the project and picking a compatriot contractor to handle engineering study f

about 1 year ago
Man seen from behind standing inside a metal tank
Business Developments & Projects

GTT lands tank design gig for 6 very large LNG carriers

French technological containment specialist Gaztransport & Technigaz (GTT) has received an order from Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), for the tank design of six new very large liquefied natural gas carriers (LNGCs).

about 1 year ago