Business Developments & Projects
Middle East, Africa to play ‘vital role in averting global shortages’ by unlocking more natural gas for export
More efficient power sector in the Middle East and Africa could unlock higher volumes of natural gas for export, says the IEA.
KN marks 300th STS LNG transfer of FSRU Independence
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has marked the 300th ship-to-ship LNG transfer of the FSRU Independence.
EU port and terminal operators call for focused approach to shore power in AFIR and FuelEU Maritime
Representative bodies of the EU port authorities and terminal operators, the European Sea Ports Organisation (ESPO) and the Federation of European Private Port Companies and Terminals (FEPORT) have jointly agreed that the proposals for an Alternative Fuels Infrastructure Regulation (AFIR) and the Fu
Ofgem grants electricity interconnector license for Great Britain-Ireland link
UK energy market regulator Ofgem has granted an electricity interconnector license for the MaresConnect Interconnector that will link Ireland and Great Britain. The license, granted on 27 June, authorizes MaresConnect Limited to participate in the operation of the interconnector that will link the B
Marine Energy Wales gets government funding
Marine Energy Wales, the industry association for Welsh marine energy, has secured a new three-year grant from the Welsh government to support its work until 2025.
Proman Stena Bulk welcomes second methanol-fuelled tanker
Shipping joint venture Proman Stena Bulk has accepted delivery of the second methanol-powered newbuild tanker, Stena Pro Marine.
Hammerfest-based firm scoops five-year deal for Barents Sea FPSO
Vår Energi has awarded a long-term framework agreement to the Hammerfest-based Oss-nor for valve services on an FPSO in the Barents Sea.
Uniper starts construction of Germany’s first LNG terminal in Wilhelmshaven
German energy major Uniper officially started the construction work for Germany’s first LNG terminal in Wilhelmshaven on 4 July 2022.
‘Key milestone’ under Ithaca’s belt as it closes acquisition of Siccar Point
Delek’s Ithaca Energy has completed the acquisition of Siccar Point Energy, which has enabled it to further expand its North Sea portfolio.
Two oil & gas firms ready to drill North Sea wells this month
Two oil and gas players have been granted drilling permits by Norwegian authorities for wildcat wells in the North Sea offshore Norway.
Sembcorp Marine hands over 2nd zero-emission battery-powered RoPax to Norled
Singapore-based shipbuilder Sembcorp Marine has handed over the second of three identical battery-operated roll-on/roll-off passenger (RoPax) ferries to Norwegian ferry operator Norled AS.
Sercel pursues ION Geophysical’s software business
Sercel, CGG’s Sensing & Monitoring division, has been selected as the successful bidder for the acquisition of ION Geophysical’s software business. Sercel said it plans to keep all employees associated with the business. According to the company, the acquisition is in connection with ION’s recently
TAQA all done with large-scale North Sea decom project
UAE’s oil and gas giant Abu Dhabi National Energy Company (TAQA) has wrapped up a major decommissioning project in the North Sea.
CorPower Ocean sets out on recruitment drive
Swedish company CorPower Ocean is looking to expand its ‘world-class’ team of ocean energy experts with several new positions up for grabs.