Australia’s Woodside Energy (Woodside) has signed a non-binding memorandum of understanding (MOU) with South Korea’s Hyundai Engineering and Hyundai Glovis to collaborate across the liquefied natural gas (LNG) value chain. The post Hyundai broadening LNG reach thanks to Woodside collab appeared first on Offshore Energy.
Equinor has hired Subsea Integration Alliance (SIA), a strategic alliance combining the strengths of SLB OneSubsea and Subsea7, to handle an assignment related to the next stage of its operated oil field off the coast of Brazil. The post Subsea7 and OneSubsea pick up work on Equinor’s new chapter of Brazilian oil field story appeared first on Offshore Energy.
Malaysia’s state-owned Petronas has celebrated the sailaway of its first liquefied natural gas (LNG) cargo from the export facility in Kitimat, British Columbia (B.C.), Canada operated by U.K.-headquartered energy giant Shell. The post Petronas cheers its first cargo from Shell’s newly-operational LNG project in Canada appeared first on Offshore Energy.
Swedish Export Credit Corporation (SEK), a state-owned company that finances Swedish exporters, their subcontractor, and […] The post Swedish state-owned corp backs financing of large UK subsea link with €800M appeared first on Offshore Energy.
Swedish manufacturing firm Alfa Laval has completed its €800m ($940m) purchase of Fives Cryogenics, a French business specialising in cryogenic heat transfer and pump technologies. The acquisition will grow Alfa Laval’s offerings in the liquefied natural gas market and complement its existing footprint in hydrogen and carbon capture. Fives Cryogenics manufactures heat exchangers and pumps for the liquefaction, regasification, and transportation of gases like LNG and hydrogen, as well as industrial gases such as carbon dioxide and nitrogen. The cryogenic business of Fives will become part of Alfa Laval’s energy division and operate as a separate business unit. Tom Erixon, CEO and President of Alfa Laval, described the news as a strategic milestone. “By integrating Fives Energy Cryogenics’ … technology into our portfolio, we are not only extending our technological capabilities but also reinforcing our… Read More »Sweden’s Alfa Laval completes €800m Fives Cryogenics buyout | Cryogenics & Cryogenic Solutions
Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MOU) with Kinetics, the energy transition initiative of Turkish floating power company Karpowership, to jointly develop a next-generation floating data center platform. The post MOL, Karpowership’s Kinetics join forces on ‘world’s first’ integrated floating data center platform appeared first on Offshore Energy.
UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, […] The post JDR Cable Systems wins service deal for offshore umbilical testing in Middle East appeared first on Offshore Energy.
EDGE Navigation and DNV have signed an agreement to jointly develop a classification framework for a 20,000 cbm ocean-going liquid hydrogen (LH2) carrier. The post EDGE and DNV join forces on 20,000 cbm liquid hydrogen carrier for European waters appeared first on Offshore Energy.
French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its […] The post HelioRec completes O&M for 250 kW floating solar plant in France appeared first on Offshore Energy.
TechnipFMC and Vår Energi have struck a deal related to the model that will be used to bring to life future subsea developments in the Gjøa area in the North Sea, off the coast of Norway. The post TechnipFMC and Vår Energi chart a way forward for ‘faster’ North Sea oil & gas developments appeared first on Offshore Energy.