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Business Developments & Projects

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FPSO BW Opal; Source: BW Offshore
Business Developments & Projects

Start-up of giant gas development remains on track as flagship carbon capture and storage project propels forward Australia’s journey to net zero

Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field off the coast of Australia. The firm also confirmed the commissioning of a carbon capture and storage (CCS) project in the Cooper Basin, whic

about 2 years ago
Port of Newcastle’s Clean Energy Precinct project gains ground
Business Developments & Projects
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Port of Newcastle’s Clean Energy Precinct project gains ground

Port of Newcastle’s Clean Energy Precinct (CEP) project has reached a development milestone, with the signing of agreements for front-end engineering designs (FEED) and environmental impact statements (EIS).

about 2 years ago
The UK’s National Oceanography Center (NOC) has secured £41.4 million (around $53.7) from the Natural Environment Research Council (NERC), as part of a total of £101 million investment.
Business Developments & Projects

National Oceanography Centre wins nearly $54M funding for marine and climate research

The UK’s National Oceanography Centre (NOC) has secured £41.4 million (around $53.7) from the Natural Environment Research Council (NERC), as part of a total of £101 million investment. According to the UK Research and Innovation (UKRI), funding has been awarded to the center to deliver the Atlantic

about 2 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

UK backs green shipping corridor projects with fresh funding

The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and advance environmentally friendly travel within Europe.

about 2 years ago
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News Agency
Business Developments & Projects

ABS brings Swiss player on board FPSO project being undertaken for Petrobras

The American Bureau of Shipping (ABS), a classification society, has hand-picked Switzerland-headquartered structural performance management software solutions provider Akselos to provide software to monitor one of the four floating production, storage, and offloading (FPSO) units in the Cessão Oner

about 2 years ago
The backs of a man and a woman holding onto a railing on a platform
Business Developments & Projects

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 2 years ago
Anemoi rotor sails selected for Vale-operated 400K dwt ore carrier
Business Developments & Projects

Anemoi rotor sails selected for Vale-operated 400K dwt ore carrier

Japanese shipping company NS United Kaiun Kaisha (NS United) and Brazilian mining giant Vale will equip a 400,000 dwt very large ore carrier (VLOC) with rotor sails manufactured by UK-based wind-assisted propulsion provider Anemoi Marine Technologies. Under the agreement, NS United and Vale will ins

about 2 years ago
Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo
Business Developments & Projects

Al Seer Marine secures $80mln financing for future-fuels-ready MR tanker duo

Al Seer Marine, a subsidiary of International Holding Company, has secured $80 million in financing from BOCOM Financial Leasing, a subsidiary of the Bank of Communications, one of China’s largest commercial banks, for its newly delivered MR tankers Betelgeuse and Bellatrix.

about 2 years ago
Illustration; Source: IPTO
Business Developments & Projects

Prysmian, Nexans, and Fulgor to submit final offers in submarine power cable battle for Greek interconnectors

Prysmian, Nexans, and Fulgor are being invited to provide their final offers for the tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

about 2 years ago
A large vessel at sea
Business Developments & Projects

Egyptian LNG coming to freshly opened Greek FSRU terminal

Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in

about 2 years ago
AWS Ocean Energy’s Waveswing installed offshore Orkney (Courtesy of EMEC)
Business Developments & Projects

EMEC unlocks access to UK research funding

The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status from UK Research and Innovation (UKRI), a public sector organization that supports the research and innovation system. This status enables EMEC to compete for research grants from the UK

about 2 years ago
Engineering contracts awarded for solar methanol plant in Port Augusta
Business Developments & Projects

Engineering contracts awarded for solar methanol plant in Port Augusta

Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.

about 2 years ago
Illustration; Source: Energinet
Business Developments & Projects

Nordic TSO quartet takes steps to bolster security cooperation

Four transmission system operators (TSOs) of the Nordic region have decided to take measures into their own hands and strengthen their cooperation amid rising geopolitical tensions and ongoing Russia-Ukraine and Israel-Gaza conflicts.

about 2 years ago
Yinson GreenTech and WSS to set up charging infrastructure for Singapore’s first all-electric cargo ship
Business Developments & Projects

Yinson GreenTech and WSS to set up charging infrastructure for Singapore’s first all-electric cargo ship

Green technology solutions provider Yinson GreenTech (YGT) and maritime services provider Wilhelmsen Ships Service (WSS) have signed an agreement to build a charging infrastructure for Singapore’s first fully electric cargo vessel, Hydromover. As disclosed, the charging infrastructure for the 18.5-m

about 2 years ago