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Business Developments & Projects

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Illustration; Source: MOL
Business Developments & Projects

MOL and JERA shake hands on seventh charter deal for newbuilding LNG vessel

Mitsui O.S.K. Lines (MOL) has penned a seventh long-term charter contract for a newbuilding LNG carrier with JERA.

about 2 years ago
Bintulu LNG Complex in Sarawak; Source: Petronas
Business Developments & Projects

With power loss incident sorted out, giant Asian LNG project back in operation

Following a power loss incident, Petronas has brought back online its flagship LNG complex at Bintulu, East Malaysia.

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about 2 years ago
Illustration; Courtesy of Shell
Business Developments & Projects

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago
Rovco launches new business line
Business Developments & Projects

Rovco to work on site characterization at 1.5 GW offshore wind project in UK

Rovco has been selected for site characterization work on the 1.5 GW Outer Dowsing Offshore Wind project in the UK. With the project scheduled to start imminently, the UK-based company will be responsible for carrying out a full geophysical investigation of several key sites at Outer Dowsing Offshor

about 2 years ago
MiFU onsite; Source: Adaptive Process Solutions (APS)
Business Developments & Projects

UK firm’s new technology pans out in trials on North Sea FPSO

UK-based APS has conducted a field trial of its microbubble infusion unit (MiFU) technology, resulting in lower oil in water (OiW) levels.

about 2 years ago
The world’s leading exhibition and conference for maritime electrification, decarbonization and GHG reduction solutions returns to Amsterdam!
Business Developments & Projects

The world’s leading exhibition and conference for maritime electrification, decarbonization and GHG reduction solutions returns to Amsterdam!

Taking place at the Amsterdam RAI in the Netherlands, June 18, 19 & 20, the event will host over 200 exhibitors, including industry leaders such as ABB, Rolls-Royce Solutions, Volvo Penta, Wärtsilä, Zinus and Speedgoat. View the full exhibitor list here. Alongside the exhibition is a world-leading c

about 2 years ago
Offshore cable ops resume at new UK interconnector following winter pause
Business Developments & Projects

Offshore cable ops resume at Ireland-Wales interconnector after a break

Following a pause due to poor weather and vessel maintenance, offshore cable operations have resumed at the Greenlink interconnector that will link Ireland and Wales. Cable burial and trenching activities are ongoing along the interconnector route by the 127-meter-long DP2 offshore support vessel Gr

about 2 years ago
GTT and Engie invest in gas handling technology developer
Business Developments & Projects

GTT and Engie invest in gas handling technology developer

Investment funds of French companies GTT and Engie have taken part in a €4 million financing round to support the development of compatriot CryoCollect, an engineering company specialized in gas handling technologies for biomethane, carbon dioxide (CO2), and hydrogen.

about 2 years ago
Golden Pass LNG (GPX) export terminal; Source: Golden Pass LNG
Business Developments & Projects

‘Lead contractor’ files for bankruptcy protection to tackle financial woes arising from $10 billion US LNG project

Zachry Holdings (ZHI) has initiated Chapter 11 process to address the financial challenges stemming from the Golden Pass LNG project.

about 2 years ago
Norden concludes first B100 biofuel bunkering in Singapore
Business Developments & Projects

Norden concludes first B100 biofuel bunkering in Singapore

Danish shipping company Norden has wrapped up the “first ever” 100% biofuel (B100) bunkering in Singapore.

about 2 years ago
MHI and NGK to work on membrane dehydration systems for bioethanol and eMethanol
Business Developments & Projects

MHI and NGK to work on membrane dehydration systems for bioethanol and eMethanol

MHI and NGK will jointly develop membrane dehydration systems to realize low cost and optimize the efficiency of manufacturing processes for bioethanol and eMethanol.

about 2 years ago
'Dramatic energy savings' on the menu for one of Solstad's largest CSVs
Business Developments & Projects

‘Dramatic energy savings’ on the menu for one of Solstad’s largest CSVs

One of the largest construction support vessels (CSVs) in Solstad Offshore’s fleet is set to receive an energy-efficient upgrade said to allow “dramatic energy savings”. Kongsberg Maritime has been appointed to upgrade the Normand Sentinel from AZP 120 CP mechanical thruster to RD-AZ2600 rim-drive a

about 2 years ago
a group of men in suits attending a meeting regarding Tenaga Nasional Berhad
Business Developments & Projects

Malaysian firm to support energy transition with 230 MW hybrid hydro floating solar project

Malaysia’s Tenaga Nasional Berhad (TNB) has declared plans for Regulatory Period 4 (RP4) 2025-2027 with significant capital expenditure (CAPEX) to support the country’s energy transition and meet the projected growth in electricity demand, which includes a hybrid hydro floating solar project.

about 2 years ago
HoT signing event; Source: Rosetta Energy
Business Developments & Projects

Egyptian player rolls up its sleeves to assist in developing first LNG project in Tanzania

Rosetta Energy Solutions has signed an HoT agreement with Tanzania’s TPDC and Africa50 to develop Tanzania’s first small-scale LNG project.

about 2 years ago