Development News

The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos.Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes, which have grown consistently over the past three years.“The Phase 2 upgrade includes the acquisition of three additional Mobile Harbour Cranes (MHCs) bringing the total in operation to five; 20 Rubber Tyre Gantry Cranes (RTGs); three Reach Stackers; 13 terminal trucks and trailers and an empty container handler," said WACT’s Commercial Manager, Noah Sheriff.“The upgrade will also include the installation of reefer racks with a 600-plug capacity…

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors.By signing a master research collaboration agreement (MRCA) the two parties aim to “shorten the development cycle and time-to-market of new offshore, marine and clean energy solutions achieved through their research efforts”.Sembmarine and A*Star will set up Joint Lab@TBY, a research laboratory and work space at Sembmarine Tuas Boulevard Yard that will facilitate the test-bedding and commercialization of new digital design solutions…

Perth-based company Transborders Energy has entered a Joint Study Agreement (JSA) to work with Japan's Mitsui OSK Lines (MOL) to together continue the development of its Floating LNG (FLNG) Solution and to pursue its deployment on a range of stranded offshore gas resource opportunities.Transborders’ FLNG Solution provides a pre-determined 1.3 MTPA FLNG development concept with a package of streamlined commercial & regulatory approval framework (including LNG buyers) to gas resource owners. Transborders’ Chairman Jack Sato says, “We are very pleased to welcome MOL as a strategic partner to our FLNG Solution. In addition to Kyushu Electric Power Company in Japan…

The National Decommissioning Centre (NDC) is opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.The Centre aims to work in partnership with companies to become the global leader in research and development (R&D) focused on reducing costs, extending field and asset life, and transforming the traditional approach to decommissioning.100 offshore platforms and 5,700km of pipeline are forecast to be decommissioned or reused over the next decade on the UK Continental Shelf. With the Oil and Gas Authority estimating the total cost of oil and gas decommissioning to be £58bn…