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Business Developments & Projects

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FPSO Liza Unity; Source: SBM Offshore
Business Developments & Projects

Chevron’s $53 billion merger with Hess moves forward but not out of woods yet as arbitration keeps suspense alive

Chevron and its compatriot rival player, Hess Corporation, have managed to get the Federal Trade Commission (FTC) antitrust review out of the way.

about 2 years ago
NGO
Business Developments & Projects

New ship recycling project launched in Pakistan

A new project, aimed at enhancing safety and environmental responsibility in the ship recycling industry, while upholding global labor rights standards, has been launched in Pakistan.

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

Mammoth floating power plant calls at Spanish port

A vessel owned by Turkey’s floating power plant company Karpowership has made a planned seven-day stop to undergo a technical inspection in Las Palmas, Canary Islands while en route to the company’s shipyard.

about 2 years ago
Van Oord completes FSRU jetty at Wilhelmshaven in Germany; Source: Van Oord
Business Developments & Projects

Van Oord puts 600-meter-long FSRU jetty together for Germany’s LNG terminal

Van Oord has assembled a floating storage and regasification unit (FSRU) jetty at Wilhelmshaven, Germany for Deutsche Energy Terminal (DET), the German state-owned operator of four terminals.

about 2 years ago
Woodside completes acquisition of OCI’s clean ammonia project in Texas
Business Developments & Projects

Woodside completes acquisition of OCI’s clean ammonia project in Texas

Energy company Woodside has completed the acquisition of 100% of OCI’s 1.1 million metric tonnes clean ammonia project under construction in Beaumont, Texas, U.S.

about 2 years ago
Rovuma LNG project concept; Source: Eni
Business Developments & Projects

McDermott, Saipem, and CPECC pick up FEED job with ExxonMobil

A consortium, consisting of the U.S.-based McDermott, Italy’s Saipem, and China Petroleum Engineering and Construction Corporation (CPECC), has landed a front-end engineering design (FEED) contract for a proposed liquefied natural gas (LNG) project in the deepwater Area 4 block off the coast of Moza

about 2 years ago
‘Next big step’ taken for Sydney’s Bays Port shore power project
Business Developments & Projects

‘Next big step’ taken for Sydney’s Bays Port shore power project

Australia’s Port Authority of New South Wales (NSW) has reached new milestones in developing its shore power project in the Bays Port precinct that is expected to become the “world’s first” 100% renewable energy shore-powered shipping precinct. Bays Port, which includes Glebe Island and White Bay, w

about 2 years ago
20+ people standing in two lines on a boat's deck
Business Developments & Projects

Celsius Tech’s LNG fleet hits double-digit milestone

Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has taken delivery of a liquefied natural gas (LNG) vessel from South Korea’s Samsung Heavy Industries (SHI).

about 2 years ago
NoviOcean power plant that combines wave, wind and solar energy.
Business Developments & Projects

Swedish developer seeks backing to scale wave, wind, and solar hybrid technology (Video)

Swedish renewable energy firm Novige, which stands behind the hybrid wave, wind, and solar converter NoviOcean, is on the lookout for funding to scale its operations and integrate the technology into offshore wind farms. After securing the SEK 1 million (around $99,210) Startup4Climate award for the

about 2 years ago
AFRY comes on board Australia’s flagship green ammonia project
Business Developments & Projects

AFRY comes on board Australia’s flagship green ammonia project

Australian company Allied Green Ammonia (AGA) has awarded AFRY, a global provider of engineering, design, digital and advisory services, the owner’s engineering assignment for its flagship green ammonia project in the Northern Territory, Australia.

about 2 years ago
EU issues terms and conditions for second hydrogen bank auction
Business Developments & Projects

EU issues terms and conditions for second hydrogen bank auction

The European Commission (EC) has published the final terms and conditions (T&Cs) for its second auction for the production of renewable hydrogen (IF24 Auction), via the Innovation Fund.

about 2 years ago
New Norwegian partnership set up to digitalize North Sea oil & gas area
Business Developments & Projects

New Norwegian partnership set up to digitalize North Sea oil & gas area

Norwegian oil and gas player Aker BP and compatriot energy data and intelligence company TGS have expanded their ongoing cooperation with a strategic partnership aimed at digitalizing the Yggdrasil area in the North Sea. As part of the new agreement, Aker BP will integrate TGS’ Prediktor Data Gatewa

about 2 years ago
ABS
Business Developments & Projects

ABS and Hanwha Ocean ink deal to accelerate sustainability, digitalization, and cybersecurity in offshore operations

Classification society American Bureau of Shipping (ABS) has signed a multi-year Offshore Technology Collaboration Agreement (OTCA) with the South Korean shipbuilder Hanwha Ocean, seeking to explore the yet-uncharted territories of sustainability, digitalization and cybersecurity across the maritime

about 2 years ago
Troll A platform; Credit: Øyvind Gravås and Even Kleppa/Equinor
Business Developments & Projects

Aker Solutions ready for work on another chapter in giant North Sea gas project’s story

Aker Solutions has been hired for topside modification assignment at a project that aims to bolster gas production from a giant oil and natural gas field in the northern part of the North Sea, which Equinor operates on the Norwegian Continental Shelf (NCS).

about 2 years ago