Business Developments & Projects
New liquid biogas plant on the horizon in Port of Gothenburg
Nordion Energi and St1 signed an agreement for the supply of liquid biogas in the Port of Gothenburg where new facility is being planned.
ONE completes its first EU carbon allowance transaction
Singapore-based shipping company Ocean Network Express (ONE) has finalized its inaugural European Union Allowances (EUA) transaction with French bank BNP Paribas.
Sempra breaks ground on Port Arthur LNG
Sempra Infrastructure has hosted a groundbreaking ceremony for Port Arthur LNG in Jefferson County, Texas.
New ‘major’ oil discovery comes to light offshore China
CNOOC Limited has made a significant oil discovery in the northcentral waters of the Bohai Sea off the coast of China.
ADNOC seals second long-term LNG deal for Ruwais project
ADNOC and SEFE signed a long-term agreement for the delivery of 1 mmtpa of LNG from low-carbon Ruwais LNG project.
Final subsea system components headed to Enauta’s Santos Basin field for first oil
Final subsea system components destined for Enauta’s field development project in the Santos Basin are on their way from the UK to Brazil. Brazilian oil and gas player Enauta reported on March 15 that the flexible pipeline system, the last pending subsea system equipment for the FPSO Atlanta product
Intra-group merger on Vår Energi’s agenda
Vår Energi has set the wheels into motion to complete an intra-group merger with its wholly-owned subsidiary Vår Energi Norge.
Smart Green Shipping: On-land testing of FastRig kicks off
UK systems design house Smart Green Shipping has commenced on-land testing of FastRig, a wingsail that harnesses wind power to deliver thrust to the ship and can reduce shipping emissions by up to 30%.
Siem Offshore’s vessel staying busy outside North Sea throughout 2024
An AHTS vessel from Siem Offshore has been hired for the rest of the year by an undisclosed firm, which is said to be an international oil major.
Jan De Nul buys electric ROV for ‘world’s largest cable-laying vessel’
Jan De Nul Group has purchased an electric remotely operated vehicle (ROV) from UK subsea engineering and technology company SMD for what is said to be the world’s largest cable-laying vessel (CLV). SMD’s Quantum EV will be integrated into Jan De Nul’s new CLV Fleeming Jenkin and deployed to offshor
Venture Global LNG buying nine newbuild LNG ships
U.S. LNG producer Venture Global LNG is acquiring a fleet of nine LNG-powered vessels, currently under construction in South Korea, to advance the integration of its business across the entire LNG supply chain.
ACWA Power allies with LONGi for its green hydrogen project in Uzbekistan
ACWA Power and LONGi Hydrogen have partnered up for the first phase of a 3,000 tonne-per-year green hydrogen project in Uzbekistan.
Multi-million drilling job takes Dolphin semi-sub rig to India
Dolphin Drilling has secured a long-term contract for one of its semi-submersible rigs with Oil India Limited for operations off the coast of India.
One of world’s largest semi-sub rigs comes back to UK port ahead of resuming drilling gig with BP
A giant rig has returned to the UK’s Kishorn port to prepare for its return to the drilling campaign with BP in the UK North Sea.