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Business Developments & Projects

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

Shell’s new solar-powered platform with 20-year design life on its way to offshore gas field (Gallery)

Shell is setting all the puzzle pieces together to kick off production from a natural gas development off the coast of Malaysia. The latest milestone in this project comes with the jacket and topside sail-away events for an offshore platform specifically built for the project and designed to run on

about 2 years ago
An aerial view of an LNG terminal
Business Developments & Projects
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Partners exploring viability of France’s CO2 transport and liquefaction network, eyeing 2030 completion date

Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied natural gas (LNG) operator Elengy has launched feasibility studies for the project in partnership with compatriot Société du Pipeline Sud-Européen (SPSE), a player

about 2 years ago
MPA Singapore
Business Developments & Projects

Singapore MPA and Shandong pen agreement for new green and digital shipping corridor

The Maritime and Port Authority of Singapore (MPA) and the Shandong Provincial Transport Department have inked an agreement to establish a new green and digital shipping corridor (GDSC), aimed at fostering sustainable and technologically advanced maritime trade between Singapore and China’s Bohai an

about 2 years ago
MHB has secured award for conversion works of a MPDU into a mobile WIF; Source: MHB
Business Developments & Projects

Rig getting new lease on life as water injection unit for more sustainable oil recovery

MHB has landed a conversion deal to breathe new life into a mobile offshore drilling unit (MODU) by turning it into a water injection facility (WIF) designed to optimize reservoir pressure, enhance oil recovery rates, and reduce environmental impact.

about 2 years ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Business Developments & Projects

US DOE pours $33M into marine and hydropower projects to boost innovation and commercialization

The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has allocated more than $33 million in funding to advance marine energy and hydropower projects. Out of the total funding, nearly $25 million is dedicated to 25 marine and hydropower research and development (R&D) projects

about 2 years ago
ABL Centre Manche
Business Developments & Projects

ABL secures work on French offshore grid connections

Energy and marine consultancy company, ABL, has been appointed as marine warranty surveyor (MWS) to support the marine transportation and installation (T&I) operations for the Centre Manche 1 and Centre Manche 2 offshore substations in France. Centre Manche 1 and Centre Manche 2 are part of two offs

about 2 years ago
Gearbulk
Business Developments & Projects

Marubeni to acquire 28% stake in Gearbulk

Japanese conglomerate Marubeni will buy a 28% stake in Switzerland-based shipping company Gearbulk from Kristian Jebsen and his family.

about 2 years ago
Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage
Business Developments & Projects

Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago
Wagenborg orders sixth fuel-efficient EasyMax
Business Developments & Projects

Wagenborg orders sixth fuel-efficient EasyMax

Dutch shipowner Royal Wagenborg has ordered another 14,000 dwt energy-efficient EasyMax multipurpose vessel at a local shipyard.

about 2 years ago
An offshore rig and a vessel at sunset
Business Developments & Projects

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

about 2 years ago
‘First concrete results’ in sight for green hydrogen project in Atlantic area ports
Business Developments & Projects

‘First concrete results’ in sight for green hydrogen project in Atlantic area ports

Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort

about 2 years ago
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Business Developments & Projects

Woodside enriches US liquefied natural gas arsenal with $900 million acquisition

Woodside has wrapped up the expansion of its liquefied natural gas (LNG) portfolio with the completion of the acquisition of Tellurian, a U.S.-based natural gas player.

about 2 years ago
Masdar allies with Norwegian companies on renewables and green hydrogen
Business Developments & Projects

Masdar allies with Norwegian companies on renewables and green hydrogen

Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.

about 2 years ago
WaveRoller, a white and blue wave energy converter in the sea
Business Developments & Projects

International consortium launches wave energy pilot to conquer tech challenges for large-scale farms

The Ondas de Peniche (ONDEP) project has launched as a consortium of major players gathered in Brussels, Belgium, to kick off the wave energy pilot farm. This initiative, aimed at harnessing wave energy for scalable solutions across Europe, includes consortium members such as Queen’s University Bel

about 2 years ago