Business Developments & Projects

Venture Global and EnBW sign LNG sales and purchase deals
export project developer Venture Global and German energy company EnBW have signed two long-term sales and purchase agreements for 1.5 million tonnes per annum (mtpa) of LNG.

New CEO to help Wood capture ‘growth opportunities in energy security’
Wood has appointed a new Chief Executive Officer (CEO), replacing its current one, who will be stepping down from the board in a few days.

Rystad: Russian crude oil diverted from Europe to India & China as war rebalances trade flows
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia, Rystad says.

Exmar’s FSRU almost ready to serve at Eemshaven LNG terminal
Belgian shipping company Exmar has informed that the FSRU S188 arrived in the Netherlands from Singapore and is under full preparations to start at the Gasunie-operated Dutch LNG terminal in Eemshaven.

MSC Cruises’ LNG newbuilds mark construction milestones
The cruise division of MSC Group, MSC Cruises, has marked two important milestones for the first two liquefied natural gas (LNG) vessels both under construction in Chantiers de l’Atlantique’s shipyard in Saint-Nazaire, France.

Industry-NGO coalition calls for EU hydrogen quota for shipping
A broad coalition of energy providers, shipping companies and NGOs has called on the EU to introduce a minimum quota of at least 6% sustainable and scalable hydrogen fuels by 2030.

Baltic Pipe passes another technical acceptance
Technical acceptance of the first stage of the gas compressor station expansion in Odolanów, Poland, for the Baltic Pipe has been completed, according to the project’s social media update. This part of the project included two compressor units with accompanying infrastructure and construction object

Oil players join forces to develop ‘one of the largest CCS facilities in the North Sea’
Neptune Energy has teamed up with ExxonMobil, Rosewood and EBN for the development of a CCS project in the Dutch sector of the North Sea.

DMEC welcomes Danish delegation at Marine Energy Hub
His Royal Highness Crown Prince Frederik of Denmark, the Danish Minister of Climate, Energy and Utilities Dan Jørgense and the Danish Ambassador to the Netherlands Jarl Kåre Frijs-Madsen have paid a visit to Dutch Marine Energy Centre’s (DMEC) Marine Energy Hub in The Hague.

UK partnership paves way for future renewable energy workforce
EDF Renewables UK, DP Energy and Pembrokeshire College have joined forces to deliver a course set to prepare Welsh students for future jobs in the renewable energy sector. Destination Renewables will educate students about renewable energy technologies, including wave, tidal, solar, and offshore an

KOGAS and TotalEnergies to cooperate on LNG and energy transition
Korean public LNG company Korea Gas Corporation (KOGAS) and French energy giant TotalEnergies have signed an LNG trading business deal.

All-electric ferry sails 90 km on single battery charge, setting world record
Ellen, a fully electric ferry, set a new world record on 9 June in Sønderborg, Denmark, during the International Energy Agency (IEA) Conference.

More OBN work for Magseis Fairfield
Magseis Fairfield has received a conditional award of an ocean bottom node (OBN) contract in the deepwater Gulf of Mexico from a repeat customer. The initial survey is scheduled to be conducted with Magseis Fairfield’s ZXPLR technology and is expected to take approximately three months. The agreemen

BP to reduce carbon footprint of Shah Deniz platform through new power supply
A joint venture between KBR and SOCAR has been awarded a FEED contract by BP for the Shah Deniz Alpha platform in Azerbaijan.