Topic
project
Commodities Eni and TotalEnergies Fast-Track Cronos Gas Project Offshore Cyprus for First Gas in 2028
Eni and TotalEnergies have taken the final investment decision to develop the Cronos gas field offshore Cyprus, with first gas expected in 2028. The project will transport gas to Egypt for liquefaction and export to Europe, supporting energy security and Eni's LNG portfolio expansion.
Commodities L&T and Hitachi Energy consortium secures North Sea offshore wind transmission programme
Larsen & Toubro (L&T), in consortium with Hitachi Energy, has secured a framework cooperation agreement with TenneT for a 2GW offshore wind transmission programme. The deal covers six projects, including two ongoing and two new ones in the Netherlands and Germany, with cumulative capacity of 8GW at 525 kV. L&T will handle offshore converter platforms, while Hitachi Energy provides HVDC Light technology.
Commodities Worley Selected by Petrogas for Pre-FEED of Abeona CCS Project in Dutch North Sea
Australian engineering firm Worley has been selected by Petrogas to deliver pre-FEED for the Abeona carbon capture and storage (CCS) project in the Dutch North Sea. The project aims to provide CO2 transport and storage for hard-to-abate industrial emitters in the North Sea Canal Area and other Dutch regions, utilizing repurposed offshore infrastructure and new facilities.
Logistics Samskip's SeaShuttle Becomes Demonstrator for EU HyShip Hydrogen Project on Oslo-Rotterdam Route
Samskip’s SeaShuttle zero-emission container shipping project will serve as the demonstrator for the EU-backed HyShip initiative, providing a real vessel and route for liquid hydrogen testing. The project integrates onboard hydrogen storage with quayside bunkering, with LH2 Shipping joining to develop safe systems. The consortium includes multiple European partners working to establish a green corridor between Oslo and Rotterdam.
Commodities Ocean Installer Bags One of Its Largest-Ever Contracts from Vår Energi for Balder Next New Wells Project
Ocean Installer, a Moreld subsidiary, has been awarded a fast-track EPCI contract by Vår Energi for the Balder Next New Wells project, supporting continued development of the Balder area. The contract, valued over NOK 2bn ($202.5m), is among the largest in Ocean Installer's history and is the third awarded under the strategic partnership established in June 2022.
Commodities Adani and IHC form $11.5 billion joint venture for integrated aluminium project in Odisha
Adani Group and International Holding Company (IHC) of Abu Dhabi have formed an equal joint venture to build an $11.5 billion integrated aluminium complex in Odisha, India. The project includes a 4-million-tonne alumina refinery, a 2-million-tonne aluminium smelter, a 1-million-tonne downstream facility, and a 4,000-MW captive power plant. Adani Enterprises also launched a $1 billion QIP to support the venture.
Logistics Cabinet clears Rs 14,115 crore highway projects in Delhi, UP; approves Rs 6,970 crore 6-lane Dwarka tunnel
The Union Cabinet approved two highway infrastructure projects worth a combined Rs 14,114.81 crore. The projects include an 8.1-km six-lane tunnel in Delhi and a 117.7-km greenfield highway in Uttar Pradesh. They are expected to improve connectivity, reduce travel time, and generate significant employment.
Logistics Shetland Plans £1.5bn Undersea Tunnels to Replace Ageing Ferry Fleet
Shetland Islands Council is set to approve a £1.5bn plan to build undersea tunnels connecting the mainland to Yell, Unst, and potentially Whalsay and Bressay, replacing ageing ferries. The project, inspired by the Faroe Islands, aims to improve capacity, reduce costs, and support the UK's only spaceport at Saxavord. Current ferry services carry 750,000 passengers annually at a cost of £23m per year.
Commodities Hanwha Ocean signs non-binding MoU for $15.7bn Kanata FLNG project in Canada
Hanwha Ocean has signed a non-binding memorandum of understanding with Kanata Clean Power & Climate Technologies for the proposed Kanata FLNG project in Prince Rupert, British Columbia. The floating LNG export project is expected to have a capacity of up to 12 million tonnes per year with an estimated capital expenditure of about $15.7 billion.
Commodities Equinor and Partners Agree on Development Concept for Ringvei Vest North Sea Tieback
Equinor and its partners have agreed on the development concept for the Ringvei Vest subsea project, a tieback to the Troll B platform in the Norwegian North Sea. The project is expected to contribute 240 million barrels of oil equivalent from eight discoveries and one prospect, spread across eight licences. Equinor aims to increase its equity production to 1.3 million barrels per day by 2035.
Commodities Global Offshore Wind Capacity on Track to Quadruple to 420 GW by 2035
A new report from the Global Wind Energy Council (GWEC) forecasts that global offshore wind capacity will quadruple to 420 GW by 2035, driven by a 24% CAGR between 2026 and 2030. In 2025, over 9 GW were added, bringing cumulative capacity to 92.5 GW. China led with 6.6 GW of new installations, while Europe added 2 GW.
Logistics Largest FLNG Project Advances Offshore Louisiana
The Delfin FLNG 1 project, the world's largest floating liquefied natural gas (FLNG) venture, is moving forward offshore Louisiana. Mitsui O.S.K. Lines, Delfin Midstream, and Vitol are key players in this $5 billion project, expected to start production in 2030.
Manufacturing Ming Yang Targets Stake in 2GW Canadian Offshore Wind Project
Ming Yang Smart Energy is considering a strategic investment in a 2GW offshore wind project in British Columbia. This initiative, led by Oceanic Wind Energy and Coast Tsimshian Enterprises, aims to harness the strong wind resources of the Hecate Strait.
Logistics India's Bullet Train Project Nears Reality After Nine Years
India's Mumbai-Ahmedabad bullet train project is advancing with significant infrastructure developments. Despite delays, the project is entering a critical phase with visible progress.