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Business Developments & Projects

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Minas Passage in the Bay of Fundy, Nova Scotia. Source: Inyanga Marine Energy Group
Business Developments & Projects

Inyanga Marine Energy steps into Canada with new subsidiary

UK-based Inyanga Marine Energy Group has expanded its international presence with the launch of a Canadian subsidiary, Inyanga Maritime Services Nova Scotia, headquartered in Halifax. According to Inyanga Marine Energy, this move positions the company to advance Nova Scotia’s tidal energy and offsho

about 1 year ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

No hydrocarbons for Equinor in Norwegian Sea wildcat

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Equinor has found no hydrocarbons in an exploration well, which was drilled using one of Transocean’s rigs in the Norwegian Sea off the coast of Norway.

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

Canadian firm seeks environmental permit for LNG plant expansion

Canadian natural gas and energy utility FortisBC has filed an environmental assessment (EA) application with the British Columbia Environmental Assessment Office (BC EAO) for the proposed expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island.

about 1 year ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Business Developments & Projects

$1.3 billion lawsuits for damages arising from explosion at US LNG facility thrown out of court

Texas-based litigation firm Hicks Thomas LLP, whose attorneys argued that insurance carriers could not recover on subrogation claims, has confirmed its win in two legal battles related to lawsuits totaling $1.3 billion against builders of a liquefied natural gas (LNG) export facility in Texas, Unite

about 1 year ago
Shearwater GeoServices goes to India
Business Developments & Projects

Shearwater to conduct 2D seismic survey in Bay of Bengal

Norway’s Shearwater Geoservices has been awarded a large 2D towed streamer seismic survey contract by Oil India Limited (OIL), covering 14,500 line kilometers off India’s East Coast in the Bay of Bengal. The survey, scheduled to begin in early 2025, is part of India’s National Seismic Program (NSP)

about 1 year ago
New chapter: MAN ES initiates full-scale ammonia engine testing
Business Developments & Projects

New chapter: MAN ES initiates full-scale ammonia engine testing

MAN ES has moved on to a new phase in the development of its ammonia engine with the commencement of testing a full-scale, two-stroke engine running on ammonia and its Research Centre Copenhagen.

about 1 year ago
Equinor opens call for buyers to offtake low-carbon hydrogen from H2M Eemshaven project
Business Developments & Projects

Equinor opens call for buyers to offtake low-carbon hydrogen from H2M Eemshaven project

Equinor launched its first Hydrogen Open Season, inviting parties to express interest in purchasing low-carbon hydrogen from project in Eemshaven.

about 1 year ago
Foresight giving J+S Subsea investment shot in growth arm; Source: Foresight
Business Developments & Projects

Scotland’s subsea engineering firm gets capital boost

Foresight has disclosed a capital injection into J+S Subsea, an Aberdeen-headquartered subsea engineering company. The investment is expected to support the Scottish player’s growth plans.

about 1 year ago
Two women and one man standing in front of a sign
Business Developments & Projects

Residual cold from Spain’s LNG terminal becomes low-carbon grid energy in ‘world first’

French-headquartered ecological transformation company Veolia, Spanish gas grid operator Enagás, and Barcelona City Council have launched a residual cold recovery solution installed at a liquefied natural gas (LNG) terminal in the Port of Barcelona.

about 1 year ago
Stolt Tankers forecasts 18% emission reduction as inland fleet moves to renewable fuel
Business Developments & Projects

Stolt Tankers forecasts 18% emission reduction as inland fleet moves to renewable fuel

Stolt Tankers plans to bunker all ships in its inland tanker fleet with renewable fuel in December 2024, reducing carbon emissions by 18%.

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

Petrobras fires the starting gun on bid battle for two new Brazil-bound FPSOs

Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil.

about 1 year ago
Céline Place, Ambassador of France in Ireland visiting the Celtic Interconnector project in Cork; Pictured L-R: Ed Raffle, Celtic Interconnector team, Pádraig Slyne, EirGrid, Josselin Le Gall, Allianc
Business Developments & Projects

Ireland’s first energy link to EU shaping up with ‘steady progress’ on cable routes for French interconnection

A one-year construction milestone has been reached at a subsea cable interconnection project between Ireland and France, known as Celtic Interconnector, only two years since the engineering, procurement, and construction (EPC) contracts were signed in Paris.

about 1 year ago
A large LNG vessel at sea
Business Developments & Projects

GAIL’s LNG fleet growing thanks to deal with K Line

India’s state-owned natural gas player GAIL has signed a long-term time charter agreement with Japanese shipping company Kawasaki Kisen Kaisha (K Line) for a new liquefied natural gas (LNG) vessel to be built by Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
Damen Ship
Business Developments & Projects

Damen expands shore power capacity to support all vessel types

Dutch Damen Shiprepair Oranjewerf has given a green boost to its ship repair, maintenance, conversion, and refit projects by expanding the shore power capacity to cover all types of vessels that call at the yard.

about 1 year ago