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Business Developments & Projects

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Business Developments & Projects

Tax reduction brings funding leeway for Texas LNG project

Glenfarne Energy has received a county tax abatement for the upcoming construction of the natural gas export facility in Texas.

about 2 years ago

Business Developments & Projects

ABS joins EU-funded liquid hydrogen containment system project

ABS joined the LH2CRAFT project, a research initiative funded by the EU seeking to revolutionize liquid hydrogen storage on a massive scale.

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about 2 years ago

Business Developments & Projects

Nexans’ subsea cable plant expansion spurs headcount and capacity boost amid rising demand in energy transition arena

Nexans has opened the doors of a newly expanded section of its high voltage subsea cable plant in Norway for business to address the growing demand in the offshore wind and electrification segments of the global energy transition tale.

about 2 years ago

Conference attendees; Source: National Petroleum, Gas and Biofuels Agency (ANPG)

Business Developments & Projects

Angola in the running to potentially benefit from Italy’s global $5.5 billion energy transition spend

Angola’s ANPG has organized a conference with Italian partners to address energy transition and talk funding opportunities.

about 2 years ago

Business Developments & Projects

GTT’s NEXT1 LNG cargo containment system wins two ‘major’ approvals

GTT received two approvals from Bureau Veritas and Lloyd’s Register for its GTT NEXT1 LNG cargo containment system.

about 2 years ago

Business Developments & Projects

Norwegian firm branches out into subsea engineering and construction sphere with acquisition of Ocean Installer

Moreld has sealed a deal with HitecVision to bring Ocean Installer into its fold to establish a diverse offshore engineering and project execution powerhouse.

about 2 years ago

Axial Skelter made by Spiralis Energy, a tidal energy generator

Business Developments & Projects

UK start-up seeks permits for tidal generator trial in Alderney waters (Video)

London-based start-up tidal energy developer Spiralis Energy has applied for permits to test a surface tidal energy generator in the waters of Alderney, which is a part of Bailiwick of Guernsey.

about 2 years ago

Business Developments & Projects

ASEAN countries can knock off $800 billion from decarbonization bill with cross-border energy networks, DNV finds

ASEAN countries have the opportunity to cut their decarbonization costs by $800 billion by pursuing regional collaboration for projects entailing power interconnectors, hydrogen networks, and energy storage infrastructure.

about 2 years ago

Business Developments & Projects

New assignment expands French firm’s sphere of activity with Petrobras

Vallourec has been hired by Brazil’s Petrobras to supply tubes and services for offshore development wells, mostly located in the Campos pre-salt basin.

about 2 years ago

Business Developments & Projects

Hudong-Zhonghua: 14,000 cbm LNG bunkering ship wraps up gas trials

The 14,000 cbm LNG bunkering vessel custom-built by Hudong-Zhonghua for Anhui Changjiang LNG has completed gas trials.

about 2 years ago

Business Developments & Projects

Subsea7 vessel quartet going on pipelay support duty next year

Subsea7 has tucked long-term deals for four pipelay support vessels (PLSVs) under its belt, enabling the ships to work for Petrobras.

about 2 years ago

Business Developments & Projects

UK subsea player slots deepwater oil project trio in its Brazilian workload

CRP Subsea, part of AIS, has won a deal for three offshore oil field projects in Brazil’s Santos Basin.

about 2 years ago

Business Developments & Projects

ADNOC signs off on upstream deal enabling SOCAR to come aboard two offshore fields

ADNOC has inked an agreement to transfer a stake in two fields at a concession off the coast of the UAE to SOCAR.

about 2 years ago

Hywind Tampen floating wind farm and Snorre platform; Source: Equinor

Business Developments & Projects

Energy transition needs to pick up the pace to counter uncertainty over net zero targets

Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.

about 2 years ago