Business Developments & Projects
Tidal Range Alliance appoints new chair
The Tidal Range Alliance (TRA) has appointed Prosperity Energy’s business growth director Ioan Jenkins as its chairman.
Chevron oil gets unique approval for MAN LNG engines
Chevron HDAX 9700 engine oil has become the first lubricant to gain time-unrestricted approval for use with MAN Energy Solutions’ four-stroke engines running on either LNG or distillate fuels.
Norway nets record-breaking revenues from oil & gas
In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues.
Mariner partners disagree with Equinor over reserves downgrade
Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.
Shanghai International Port signs LNG bunkering deal with CMA CGM
Chinese terminal operator Shanghai International Port Group (SIPG) and French shipping major CMA CGM have signed an LNG bunkering service deal.
Number of ships flying Danish flag set record in 2021
The number of ships flying the Danish flag has set a record in 2021 which means that the country moves up one place on the list of the flag states, Danish Shipping reported.
SBM Offshore creates new executive role to play top-tier part in energy transition
SBM Offshore has created a new management role in a push to become one of the main players in the energy transition.
New Italian LNG bunkering vessel to feature Schottel propulsion systems
German propulsion manufacturer Schottel has won a contract to supply main and auxiliary propulsion systems for the first LNG bunkering vessel of the Italian shipping group Fratelli Cosulich.
Titan LNG picked as LNG, bioLNG supplier for Corsica Linea’s new ferry
Dutch LNG supplier Titan LNG has secured a tender for the delivery of LNG for Corsica Linea’s new Ro-Pax LNG-fuelled ferry, A Galeotta, in the French Port of Marseille.
Shell’s Prelude FLNG risked major failure due to power issues
Australia’s offshore security regulator NOPSEMA said Shell’s Prelude FLNG facility risked the “catastrophic failure” in December due to a power outage.
Piriou to build TOWT’s wind-powered cargo ship
French shipyard Piriou has secured a contract with a sailing freight transport company TransOceanic Wind Transport (TOWT) for the design studies and the construction of an 81-metre sailing cargo ship.
Horisont Energi and E.ON join in on CCS, clean hydrogen and ammonia
Norwegian clean energy company Horisont Energi and European energy company E.ON will jointly develop carbon capture, transport and storage service, and clean hydrogen and ammonia production and value chains.
Maersk sets new target to deliver net zero by 2040
Danish container logistics giant A.P. Moller – Maersk has set ambitious targets for the entire group to achieve net-zero greenhouse gas (GHG) emissions in 2040 – one decade ahead of its initial 2050 ambition.
Port of Barcelona issues tender for shore power supply at BEST terminal
Port of Barcelona has launched a tender process as part of a pilot project to ensure onshore power supply for ships calling at BEST.