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Business Developments & Projects

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MoU signing ceremony; Source: Petronas
Business Developments & Projects

Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

about 2 years ago
WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project
Business Developments & Projects

WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project

WinGD, Alfa Laval, and ABS have signed an MoU with K Shipbuilding (KSB) for the development of an ammonia-fueled medium range tanker design.

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about 2 years ago
Norway's Energy Ministry launches seventh call for CO2 storage licenses
Business Developments & Projects

Norway’s Energy Ministry launches seventh call for CO2 storage licenses

Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl

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

‘Major’ ultra-deepwater discovery enables CNOOC to bolster gas arsenal

CNOOC has tucked a new hydrocarbon discovery under its belt in ultra-shallow gas play located in the South China Sea.

about 2 years ago
Black & Veatch looking into hydrogen commercialization in Malaysia
Business Developments & Projects

Black & Veatch looking into hydrogen commercialization in Malaysia

Tenaga Nasional Berhad and PETRONAS have appointed Black & Veatch to study green hydrogen commercialization pathways as part of efforts to realize Malaysia’s low-carbon energy ambitions.

about 2 years ago
SIRC and HEC to work on ship recycling centers in Saudi Arabia
Business Developments & Projects

SIRC and HEC to work on ship recycling centers in Saudi Arabia

Saudi Investment Recycling Company (SIRC Group) and Hellenic Environmental Center (HEC) have signed a Memorandum of Understanding (MoU) work on the establishment of environmental treatment centers for recycling services for ships in Saudi Arabia.

about 2 years ago
Malampaya deepwater gas-to-power project; Source: Shell
Business Developments & Projects

Philippine gas field braves typhoon with no disruption in supply

A deepwater gas field offshore the Philippines has continued to supply natural gas to gas-fired power plants as a typhoon reached the country.

about 2 years ago
MoU signing ceremony; Source: Energy Market Authority (EMA)
Business Developments & Projects

Asian duo sets its cap on enhancing LNG collaboration

Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have inked an MoU to boost cooperation in LNG-related matters.

about 2 years ago
Green light for VLAC design integrated with Amogy’s ammonia-powered technology
Business Developments & Projects

Green light for VLAC design integrated with Amogy’s ammonia-powered technology

HD HHI and Capital Gas obtained AiPs for very large ammonia carrier design that integrates Amogy’s ammonia-to-electrical power system.

about 2 years ago
group of workers from RenewableUK Cymru standing in front of a red dragon statue
Business Developments & Projects

RenewableUK Cymru pushes for renewable energy reforms in Wales

RenewableUK Cymru is urging the next UK Government to set technology-specific targets to support the goal of meeting 100% of electricity demand from renewable sources by 2035.

about 2 years ago
Illustration; Source Offshore Energies UK (OEUK)
Business Developments & Projects

As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition

Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.

about 2 years ago
FPSO PSVM; Source: MODEC
Business Developments & Projects

BP and Eni’s Angolan JV turns to Aker Solutions for work on two FPSOs

Aker Solutions has been hired on a multi-year assignment by Azule Energy to provide brownfield maintenance and modifications for two FPSOs in Angola.

about 2 years ago
Dutch open-access liquid CO2 terminal in Rotterdam port gains ground
Business Developments & Projects

Dutch open-access liquid CO2 terminal in Rotterdam port gains ground

CO2next, the planned liquid CO2 terminal in the Rotterdam port is progressing to a new phase with Shell and TotalEnergies as new partners.

about 2 years ago
Fast4Ward design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore tasked with providing FPSO hull for TotalEnergies’ giant oil project offshore Suriname

TotalEnergies has made a hull reservation with SBM Offshore for an FPSO, which will work at its oil project in Block 58 offshore Suriname.

about 2 years ago