Business Developments & Projects
JERA, Uniper and ConocoPhillips pen hydrogen and ammonia supply deal
Japan’s JERA, through its subsidiary JERA Americas, has signed a Heads of Agreement (HoA) with Uniper Global Commodities in Germany and ConocoPhillips in the United States (U.S.) for the sale to Uniper of low-carbon hydrogen/ammonia produced in the U.S. JERA said that the company will contribute to
Terntank picks Auramarine’s fuel systems for its methanol-ready tankers
Finland-based fuel supply systems provider Auramarine Ltd has secured an order to supply methanol fuel supply systems for three 15,000 DWT hybrid tankers for Swedish shipping company Terntank. The ships are being built at China Merchants Jinling Shipyard (Yangzhou), with the first vessel of the seri
Offshore wind and oil & gas win for Solstad
Solstad Offshore has secured two new contracts for its subsea vessels – one in the offshore wind and the other in the oil & gas industry. Construction support vessel (CSV) Normand Baltic has won a 180-day contract to provide walk-to-work services on an offshore wind project in Asia, set to commence
First steel cut for two large new oil & gas projects in North Sea
Aker BP has celebrated the start of the fabrication phase for two oil and gas projects, which are located in the Norwegian sector of the North Sea.
Commonwealth LNG and MET Group sign 20-year LNG supply deal
U.S.-based Commonwealth LNG and Switzerland-based MET Group have entered into a Heads of Agreement (HoA) for the sale and purchase of one million tons per annum (mtpa) of liquefied natural gas (LNG) for 20 years from the Commonwealth LNG facility currently under development in Cameron, Louisiana, U.
Op-ed: Contracts for Difference – Time for something different?
Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.
Offshore construction begins on RWE’s Sofia offshore wind farm
Offshore construction has started on RWE’s 1.4 GW Sofia offshore wind farm on Dogger Bank in the central North Sea off the northeast coast of the UK. The offshore works are kicking off with the laying of the first section of high voltage direct current (HVDC) export cable which will be done by Prysm
WoodMac: FLNG market’s outlook ‘bullish’ with Africa at the core of ongoing boom
Wood Mackenzie’s report shows that the FLNG sector is thriving and ready for new capacity with Africa positioned at the heart of this growth.
ACWA Power inks cooperation deals with six Italian partners, hydrogen included
ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, has signed strategic agreements with six Italian partners to bolster cooperation in the fields of green hydrogen, water desalination and research and development (R&D). T
International offshore rig count continues its upward trend
Baker Hughes’ international rig count report shows a further increase in the number of offshore rigs in August 2023, as 4 additional units were recorded compared to the month before.
Technip Energies presents LNG train solution SnapLNG
Engineering and technology company Technip Energies has announced SnapLNG, an innovative modular, pre-engineered and standardized solution for LNG decarbonized production. It is a 2.5 mtpa electrically driven LNG train solution comprised of reproducible modules ready for delivery and installation. T
New five-year deal for Wood in North Sea
Wood has secured a new master services agreement and associated contracts valued at around $330 million for operations in the UK North Sea.
Prysmian completes all activities for Viking Link
Prysmian Group has completed the installation and HV testing activities of its submarine and land power cables for the Viking Link interconnector connecting the UK and Denmark. Prysmian was awarded the contract worth approximately €700 million in August 2019 by the UK’s National Grid and Danish Ener
Höegh LNG, Aker BP forge alliance on CO2 transportation and storage
Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has entered into a strategic partnership with oil major Aker BP to develop a fully comprehensive carbon capture and storage (CCS) offering for industrial CO2 emitters in Northern Europe. Under the agreement, the two companies plan to c