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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Vopak and AltaGas reach FID for large-scale LPG and bulk liquids terminal in Canada

Royal Vopak and AltaGas reached a positive FID on the large-scale LPG and bulk liquids export terminal on Ridley Island, B.C., Canada.

about 2 years ago

Business Developments & Projects

Stena Line shaping a sustainable future with the use of AI

Swedish ferry company Stena Line has reported a significant reduction in fuel consumption thanks to the use of artificial intelligence (AI).

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about 2 years ago

Equinor and partners give out $3.4M worth of contracts to local geophysical services firm

Business Developments & Projects

Equinor and partners give $3.4M worth of contracts to local geophysical services firm

Norwegian Electromagnetic Geoservices (EMGS) has secured contracts with a combined value of approximately $3.4 million with Equinor and partners for surveys in Norway. EMGS reported at the end of May that it had entered into several agreements with Equinor and partners for fully pre-funded multi-cli

about 2 years ago

Business Developments & Projects

Korea and Norway join forces on clean energy, eco-friendly and smart ships

The Republic of Korea and Norway have joined forces to boost economic cooperation in clean energy, shipbuilding, and eco-friendly and smart vessels.

about 2 years ago

Business Developments & Projects

Incat Crowther-designed hybrid ferries gearing up for Liberty Lines’ service

The first of twelve new hybrid high-speed ferries designed by Incat Crowther for Liberty Lines will soon begin servicing the latter’s routes between Sicily and nearby islands.

about 2 years ago

Stena DrillMAX drillship; Source: Stena Drilling

Business Developments & Projects

Stena Drilling’s drillship comes to Canada to carry out work for ExxonMobil

Stena Drilling has confirmed that one of its drillships made its way to Canadian waters, where it will embark on a drilling assignment with ExxonMobil.

about 2 years ago

Business Developments & Projects

Green light for BP and Trinidad and Tobago’s firm for cross-border offshore gas field

BP and NGC have secured a two-year license for a gas field, which straddles the maritime boundary between Venezuela and Trinidad & Tobago.

about 2 years ago

Business Developments & Projects

Vietnam’s gas-to-power project moves forward with planned investment nearing $12 billion

Following an FID, PVN has penned multiple agreements with its partners to proceed with an integrated development project offshore Vietnam.

about 2 years ago

Business Developments & Projects

T&E: Two-thirds of European green shipping fuel projects may never come online as supplies fear lack of demand

Nearly 4% of European shipping could run on green e-fuels by 2030 but just a third of these projects are guaranteed, T&E warns in a new study.

about 2 years ago

Business Developments & Projects

European Commission launches new mechanism to boost hydrogen market

To support the development of the European hydrogen market, the European Commission has started work on a pilot mechanism that aims to accelerate investments by providing a “clearer” picture of the market situation of both off-takers and suppliers and facilitating contacts between them.

about 2 years ago

Floating solar panels arriving at the Cottbus Baltic Sea via trucks

Business Developments & Projects

‘Germany’s largest floating solar plant’ starts assembling (Video)

Situated on the eastern shore of the Cottbus Baltic Sea, the country’s largest post-mining lake. The 29 MWp floating solar plant is set to generate approximately 29,000 MWh of electricity a year, with commissioning set for the winter of 2024/2025.

about 2 years ago

Business Developments & Projects

Unifeeder launches new carbon insetting solution to back decarbonization

Danish short sea operator Unifeeder has launched a new carbon insetting solution to decarbonize the seaborne sections of its supply chains.

about 2 years ago

Business Developments & Projects

No more legal woes: Offshore wind-powered North Sea project goes full steam ahead toward first gas by year-end

ONE-Dyas is moving at full throttle to bring its gas platform, which will run on offshore wind power in the North Sea, online by the end of 2024.

about 2 years ago

Business Developments & Projects

ADNOC L&S eyes new LNG carrier additions and buys shipping player with 32-tanker fleet

ADNOC L&S has signed an LoI for the construction of LNG carriers with South Korea’s shipbuilder and is buying a Singaporean shipping company.

about 2 years ago