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HOPA Ports to breathe new life into Hamilton biodiesel plant

Hamilton-Oshawa Port Authority (HOPA Ports) has taken action to help ensure the preservation and continued operation of the biodiesel facility in Hamilton previously operated by compatriot renewable energy company Biox. The post HOPA Ports to breathe new life into Hamilton biodiesel plant appeared first on Offshore Energy.

Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

Finder Energy, a Perth-based oil and gas exploration player, is taking steps to secure remaining funds for a final investment decision (FID), which will enable it to develop two oilfields off the coast of Timor-Leste. To this end, the firm has agreed to enable its partner to boost its interest in the project. The post Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake appeared first on Offshore Energy.

Mexico-bound FSO enters construction phase as Aztec-inspired name is unveiled

The Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and Chinese COSCO Shipping have held a steel-cutting ceremony for a floating storage offloading (FSO) unit destined for Mexico’s inaugural deepwater project. The post Mexico-bound FSO enters construction phase as Aztec-inspired name is unveiled appeared first on Offshore Energy.

VELA wind-powered trimaran starts new era of sustainable shipping in pharma

Japanese pharmaceutical company Takeda and French shipping company VELA Transport have entered into a business partnership that will enable Takeda to transport its products between Europe and the U.S. using the latter’s first-of-its-kind sailing cargo trimaran. The post VELA wind-powered trimaran starts new era of sustainable shipping in pharma appeared first on Offshore Energy.