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Business Developments & Projects

Italian energy giant books Norwegian gas supplies until mid-2030s

Vår Energi has secured a contract extension with Eni, enabling it to provide the oil major with natural gas for an additional 12 years.

about 2 years ago

Business Developments & Projects

Stena RoRo books two new multi-fuel E-Flexer RoPax vessels

Stena RoRo has ordered two more multi-fuel E-Flexer roll-on/roll-off passenger (RoPax) vessels at China’s CMI Jinling, Weihai Shipyard.

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about 2 years ago

Business Developments & Projects

China fires up first offshore oilfield running on shore power

CNOOC has boosted its low-carbon efforts by bringing online the first oilfield in the South China Sea, which is receiving power from shore.

about 2 years ago

Business Developments & Projects

NIBC sells $1B shipping portfolio to Hamburg Commercial Bank

Dutch commercial bank NIBC has reached an agreement to sell its shipping portfolio of senior secured loans of $992 million to Germany’s Hamburg Commercial Bank (HCOB).

about 2 years ago

Northern Lights carbon storage and transport project in Norway (for illustration purposes); Source: Equinor

Business Developments & Projects

EU’s exit from embattled fossil fuel-loving treaty in the home stretch: New dawn breaking over 20-year sunset clause

The final push toward withdrawal the EU has taken to severe its Energy Charter Treaty (ECT) ties in a year is perceived as the right path to unleashing its green agenda.

about 2 years ago

Business Developments & Projects

Baker Hughes launches hydrogen measurement sensor technologies

Baker Hughes has launched three gas, flow and moisture measurement sensor technologies designed to improve safety performance and drive productivity in hydrogen and other applications across energy and industrial sectors.

about 2 years ago

Business Developments & Projects

Embracing key tools to navigate overlapping oil & gas, offshore wind, and carbon storage areas

Co-location conflicts between oil and gas projects, offshore wind farm developments, and carbon capture and storage (CCS) undertakings have emerged as an issue in the United Kingdom (UK).

about 2 years ago

Business Developments & Projects

Brazilian duo ticks set of requirements off pre-merger docket

Brazil’s Enauta and its compatriot player 3R Petroleum have fulfilled two additional conditions for their proposed merger.

about 2 years ago

Illustration; Credit: Oyvind Gravas Bo B Randulff/Equinor

Business Developments & Projects

Equinor prolongs Archer’s North Sea assignment for 24 months

Oil services company Archer has won a two-year contract extension with Norwegian state-owned energy giant Equinor in the North Sea.

about 2 years ago

France-based floating solar company HelioRec has earned B Corporation (BCorp) certification from B Lab, a nonprofit organization that certifies companies for their social and environmental impact, mar

Business Developments & Projects

HelioRec completes inspection of 25 kW floating solar power plant

France-based start-up HelioRec has finished the inspection of the 25 kW floating solar power plant that is located at Brest Port, France.

about 2 years ago

Business Developments & Projects

Partners to work on making one of Malaysia’s largest untapped prospects drill-ready in next 18 months

Longboat Energy has published the results of the competent persons report (CPR) confirming the giant scale of a prospect offshore Malaysia.

about 2 years ago

Business Developments & Projects

‘No transition without transmission’ as Europe needs at least 5 new electricity corridors, CEO of Greek TSO says

“There can be no transition without transmission,” Manos Manousakis, Chairman and CEO of Greek electricity grid operator Independent Power Transmission Operator (IPTO), said at the General Assembly of the European Network of Transmission System Operators for Electricity (ENTSO-E), highlighting the i

about 2 years ago

Business Developments & Projects

Aramco ups gas game with US project in hot pursuit of shoo-in to global LNG club’s kingpins

Aramco is working with Sempra to get equity and offtake from a planned natural gas liquefaction and export terminal expansion project in Southeast Texas.

about 2 years ago

Business Developments & Projects

Amogy and Mitsubishi conclude study on use of ammonia tech in maritime

Amogy and Mitsubishi Shipbuilding have completed the feasibility study of collaboration concept designs of onboard hydrogen production and utilization with Amogy’s ammonia-cracking technology and Mitsubishi’s ammonia supply and safety system MAmmoSS.

about 2 years ago