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Business Developments & Projects

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Business & FinanceExploration & ProductionFossil EnergyOil & GasLNGLiquefied Natural GasAlternative FuelsNewsProject & TendersLow-Carbon TransitionEnergy TransitionClean FuelSubseaOther FuelsOutlook & StrategyRegulation & PolicyVisionInfrastructureTransitionSurveys & InterventionsMarine EnergyTidal & Wave EnergyMarket OutlooksFPSO & VesselsCablingInterconnectorsCollaboration
Concept of LNG terminal
Business Developments & Projects

Centrica secures two-decade-long LNG supply from Canadian project

Centrica will buy 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) on a free-on-board basis for 20 years.

1 day ago
LNG carrier
Business Developments & Projects

Next chapter of Shell’s Canadian LNG project brings Fluor-JGC JV multibillion-dollar award

This contract is structured primarily on a lump-sum turnkey basis, with certain portions to be executed on a cost-plus basis.

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3 days ago
LNG carrier at the Shell-operated LNG terminal in Canada
Business Developments & Projects

Shell bets big on Canada with go-ahead for LNG project expansion, doubling capacity to 28 mtpa

With this expansion move, production capacity at Shell's facility is set to jump to 28 million tons per annum (mtpa) by the early 2030s.

3 days ago
Man looking at an offshore platform
Business Developments & Projects

Expro lines up 14-well Canadian offshore life-extension campaign

U.S.-headquartered energy services provider Expro has won a multimillion-dollar deal to provide integrated well services for a major life-extension campaign off the coast of Newfoundland, Canada.

9 days ago
A digital rendering of an LNG plant by the coast
Business Developments & Projects

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO and a proposed agreement to buy 1 million tonnes per year (mtpa) from an LNG project being developed on Canada’s northwest coast to export lower-carbo

17 days ago
Ksi Lisims LNG concept; Source: Western LNG
Business Developments & Projects

Germany augments gas arsenal as Uniper pens 20-year LNG deal with Canadian project

German energy player Uniper has signed off on a two-decade-long liquefied natural gas (LNG) deal with a multibillion-dollar LNG project being developed on Canada’s northwest coast to export lower-carbon LNG to energy markets.

about 1 month ago
Akçakoca production platform; Source: Trillion Energy
Business Developments & Projects

Trillion Energy becomes Dune Oil Corp.

Canadian oil & gas player Trillion Energy is changing its name to Dune Oil Corp. as part of its strategic pivot to oil development and exploration, representing a new direction for the company. The name change and the company’s new trading symbol on the Canadian Securities Exchange (CSE), DUNE, will

about 2 months ago
Canada: Allseas to install critical subsea section of remote natural gas pipeline
Business Developments & Projects

Canada: Allseas to install critical subsea section of remote natural gas pipeline

Allseas has secured a contract with Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in Canada. Located in the remote waters of north-western British Columbia, near the Alaska border, the subsea pipeline forms the final link in the 700-kilomete

about 2 months ago
Ramform Tethys
Business Developments & Projects

TGS gets the ball rolling across three continents

Some ten days after the announcement of a strategic collaboration agreement with Allton for accelerating the deployment of innovative deepwater ocean-bottom node (OBN) technology, Norwegian energy data and intelligence company TGS has reported updates from three countries, namely Norway, Ghana and C

about 2 months ago
Covelya Group acquisition expands Kraken’s geographic reach
Business Developments & Projects

Covelya Group acquisition expands Kraken’s geographic reach

Canada-headquartered marine technology player Kraken Robotics has closed the acquisition of the UK’s Covelya Group for approximately CA$615 million, resulting in geographic expansion and improved business diversification, among other things. Covelya Group designs, manufactures, sells and supports hi

about 3 months ago
Ocean energy can supply 13% of global electricity demand, report says
Business Developments & Projects

Ocean energy can supply 13% of global electricity demand, report says

Ocean energy can supply 13% of global electricity demand, as well as produce 21% of current EU consumption – more than fossil gas or hydroelectricity today, according to a new report from Ocean Energy Europe (OEE). Launched on June 29, Ocean Energy: The Largest Untapped Renewable Resource, described

about 3 months ago
Aker Solutions has worked with Cenovus on the White Rose field for more than 20 years; Courtesy of Cenovus Energy
Business Developments & Projects

Multimillion-dollar job on offshore platform and FPSO keeps Aker Solutions busy in Canada

Norwegian energy services provider Aker Solutions has been hired on a long-term assignment to handle engineering and maintenance work on assets located approximately 350 kilometers east of St. John’s, Newfoundland and Labrador, Canada.

about 3 months ago
Champlain Hudson Power Express transmission line is now online in New York; Source: NKT
Business Developments & Projects

New York City switches on $6 billion HVDC link to fuel Big Apple with Canadian hydropower

Denmark-headquartered power cable manufacturer and installation player NKT, alongside other players breathing life into an underwater high-voltage direct current (HVDC) cable project between the U.S. and Canada, has participated in the launch of the cross-border transmission development, which opens

about 3 months ago
Philippe Levy, President of Hanwha Ocean's Energy Plant Unit, and Robert F. Delamar, Chief Executive Officer of Kanata Clean Power & Climate Technologies Corp. sign a memorandum of understanding; Sour
Business Developments & Projects

$15.7 billion floating LNG project on Canada’s horizon as Kanata partners with Hanwha Ocean

South Korea’s Hanwha Ocean has signed a non-binding memorandum of understanding (MOU) with Kanata Clean Power & Climate Technologies Corp. to explore potential cooperation on a proposed development of a floating liquefied natural gas (FLNG) export project planned for Prince Rupert, British Columbia,

about 3 months ago