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Business Developments & Projects

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Idle vessel from Shearwater’s fleet finds new owner
Business Developments & Projects

Idle vessel from Shearwater’s fleet finds new owner

As part of its fleet optimization journey, Norway’s Shearwater GeoServices is selling a 14-year-old vessel that has been in lay-up since 2021 to be converted into a dedicated source vessel. Through one of its wholly owned subsidiaries, Shearwater Geoservices has entered into an agreement with an und

about 5 months ago
FPSO BW Opal; Source: Santos
Business Developments & Projects

Australian FPSO production ramp-up on Santos’ agenda next week

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Australia’s energy player Santos has disclosed a timeline for a production increase following a restart of output from a floating production, storage, and offloading (FPSO) vessel deployed at its gas project off the coast of Australia’s Northern Territory.

about 5 months ago
LNG operation; Source: Excelerate Energy
Business Developments & Projects

Argentina’s FSRU lines up LNG cargo from Naturgy

A floating storage and regasification unit (FSRU), said to be Argentina’s second liquefied natural gas (LNG) receiving facility, is restocking its arsenal with a new LNG cargo from Naturgy Aprovisionamientos.

about 5 months ago
LNG vessel; Source: GTT
Business Developments & Projects

French firm gets more work with Samsung Heavy Industries for LNG vessel pair

French technological containment specialist Gaztransport & Technigaz (GTT) has secured new tank design assignments for a liquefied natural gas (LNG) carrier (LNGC) duo with South Korea’s Samsung Heavy Industries.

about 5 months ago
Illustration; Source: Woodside
Business Developments & Projects

Court case ends in settlement with Woodside and Greenpeace agreeing to foot their own bills

Australian energy giant Woodside and Greenpeace Australia Pacific (GAP), an independent campaigning organization, have reached a settlement in an emissions lawsuit, which has now been dismissed in the Federal Court of Australia.

about 5 months ago
Hydrogen-fueled AUV breaks range expectations with 2,000-kilometer subsea run
Business Developments & Projects

Hydrogen-fueled AUV breaks range expectations with 2,000-kilometer subsea run

An autonomous underwater vehicle (AUV) developed by Canada’s Cellula Robotics has traveled over 2,000 kilometers submerged, powered by a hydrogen fuel cell, exceeding its published performance specification. During the mission, the Envoy AUV made over 4,000 turns and manoeuvres, which used more ener

about 5 months ago
Illustration; Source: Novatek
Business Developments & Projects

EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net ar

about 5 months ago
Illustration; Source: Brava Energia
Business Developments & Projects

Ecopetrol widens presence on Brazil’s oil & gas scene with stake in Brava Energia

Colombia’s state-owned oil and gas company Ecopetrol has taken a step to expand its footprint in Brazil’s energy landscape with a move that will enable it to get an equity interest in the country’s oil and gas player Brava Energia.

about 5 months ago
Two ammonia-fueled ammonia carriers to sport Wärtsilä systems in 2027
Business Developments & Projects

Two ammonia-fueled ammonia carriers to sport Wärtsilä systems in 2027

Wärtsilä Gas Solutions, part of technology group Wärtsilä, is set to supply the cargo handling and fuel gas supply systems for two new ammonia-fueled liquid ammonia carriers, also capable of carrying liquefied petroleum gas (LPG). The 51,350 m3 capacity midsize carriers are being built at the Chines

about 5 months ago
QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo
Business Developments & Projects

QatarEnergy and ExxonMobil’s $10B US project exports first LNG cargo

Some 24 days after achieving first LNG production from the first of three planned trains, QatarEnergy and ExxonMobil’s liquefied natural gas (LNG) project in Texas, the U.S., has exported its first LNG cargo. It was reported today, April 23, that the first LNG cargo from the Golden Pass LNG project

about 5 months ago
Two US players merge into ‘premier integrated offshore services company’
Business Developments & Projects

Two US players merge into ‘premier integrated offshore services company’

Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have entered into a definitive agreement to combine in an all-stock transaction, establishing what they say will become a pr

about 5 months ago
Jan De Nul’s newbuild trencher bears name of 19th-century British engineer
Business Developments & Projects

Jan De Nul’s newbuild trencher bears name of 19th-century British engineer

Jan De Nul has named its new trenching support vessel Isambard Kingdom Brunel, after a 19th-century British engineer, who the company describes as one of the key figures of the Industrial Revolution. Jan De Nul announced on March 10 that it was expanding its fleet with the addition of two trenching

about 5 months ago
Gilda platform; Source: BOEM
Business Developments & Projects

BOEM issues environmental review for multi-well stimulation at Californian offshore platform

The U.S. Bureau of Ocean Energy Management (BOEM) has released the final environmental impact statement for proposed offshore well stimulation work at a platform off the coast of California, 28 days after the publication of the notice of intent. The final environmental impact statement evaluates DCO

about 5 months ago
Dutch wave energy converter for ‘very small sea states’ begins testing
Business Developments & Projects

Dutch wave energy converter for ‘very small sea states’ begins testing

The Hague-based Wave Energy Collective (Weco) has teamed up with Rijkswaterstaat, part of the Dutch Ministry of Infrastructure and Water Management, to test its wave energy converter (WEC) capable of generating power even in very small sea states. Weco reported today, April 23, that it had been deve

about 5 months ago