Search results for: BASF

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  • Fincantieri lands €415 million green loan

    29 December 2023
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Italian shipbuilder Fincantieri has secured a “green” loan totaling €415 million intended for the construction of ‘low-carbon’ cruise ship Mein Schiff Relax. The loan is being provided by Intesa Sanpaolo’s IMI Corporate & Investment Banking Division and Cassa Depositi e Prestiti (CDP)- Mein Schiff Relax is the inaugural vessel in the dual-fuel inTUItion-class cruise ship […]

  • SunStone: Steel cut for final Infinity-class ship

    19 December 2023
    Business Developments & Projects, Infrastructure, Vessels

    A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.

  • Helix gets decommissioning extension at rates reflecting improved well intervention market

    7 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in direct continuation of the current […]

  • Southeast Asian duo signs ‘transformative’ solar energy deal

    2 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Singapore-headquartered New Energy Capital Asia and Thailand-based UMC Metals have signed a power purchase agreement (PPA) for a 1.6MWp solar project in Thailand featuring both floating and ground-mounted solar installations.  New Energy Capital Asia is a provider of corporate and industrial solar energy solutions, while UMC Metals is a player in the metals industry. The […]

  • Japanese gas firms join Masdar and Inpex for e-methane production study

    24 January 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Japan’s Tokyo Gas and Osaka Gas have signed a collaboration agreement with Abu Dhabi Future Energy Company – Masdar and Japan’s Inpex Corporation to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE). According to Inpex, through the initiative, Tokyo Gas and Osaka Gas aim to introduce […]

  • SFL takes delivery of fourth LNG dual-fuel car carrier

    1 April 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Bermuda-based ship owner and charterer SFL Corporation has welcomed the fourth LNG dual-fuel car carrier, Thor Highway, to its fleet.

  • International agreement targets development of electric thrusters for ROVs

    10 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Research & Development, Technology

    Forum Energy Technologies (FET) has executed a memorandum of understanding (MoU) with a UAE-based underwater inspections provider to collaborate on the development of electric thrusters for remotely operated vehicles (ROVs). The MoU was signed by FET’s Subsea Technologies product line and SAFEEN Survey & Subsea Services in March. As part of the agreement, the thrusters […]

  • Oceaneering looking to enhance its ocean data capabilities with new technology

    10 May 2024
    Business Developments & Projects, Equipment, IT & Software, Outlook & Strategy, Project & Tenders, Technology

    Texas-headquartered subsea engineering and applied technology company Oceaneering International is set to integrate technology from a local firm that aims to “enhance its capabilities in ocean data management and visualization”. Terradepth, an Austin-based provider of ocean data management solutions, reported in mid-April that it had welcomed Oceaneering as the new customer for its Absolute Ocean […]

  • Trio building high-speed aluminum ‘vessels of tomorrow’ for oil & gas industry

    14 May 2024
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    Strategic Marine and partners will build three 35-meter surface effect ships (SES), which will be used in the offshore oil and gas industry.

  • Aker BP and DeepOcean: ‘Definitely yes’ for subsea inspections using autonomous technology

    16 January 2024
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other subsea infrastructure at the Alvheim subsea field on […]

  • WindWings on Pyxis Ocean cut energy consumption of main engine by 32% per NM, DNV confirms

    15 May 2024
    Infrastructure, Vessels

    When sailing in favorable conditions, the two BAR Technologies’ WindWings installed on the MV Pyxis Ocean reduced energy consumption of the main engine by 32% per nautical mile, DNV found in an interim report.

  • Shell gets Dutch partner at one of UK’s three LNG terminals

    9 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    VTTI has put the wheels into motion to join Shell in Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

  • Keel laid for Princess Cruises’ new LNG-fueled ship

    12 December 2023
    Business Developments & Projects, Infrastructure, Vessels

    Italian shipbuilder Fincantieri has celebrated the beginning of construction of the second LNG-powered Sphere Class cruise ship ordered by the US-based cruise line Princess Cruises, part of Carnival Corporation. The keel laying ceremony for the Star Princess took place in Monfalcone, Italy, on December 11, 2023. The keel, the bottommost part of the ship and […]

  • Texas LNG concludes preliminary LNG supply deal with EQT

    12 January 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Glenfarne Energy Transition’s subsidiary Texas LNG Brownsville has signed a heads of agreement (HOA) with Pittsburgh-based EQT Corporation for natural gas liquefaction services, anticipating the finalization of a definitive 15-year LNG tolling agreement for 0.5 mtpa of LNG from the first train of Texas LNG terminal. Brendan Duval, Glenfarne CEO and Founder, said the company […]

  • Minesto performs launch and recovery for megawatt-scale tidal energy kite

    11 January 2024
    Business Developments & Projects, Operations & Maintenance

    Minesto has carried out the Launch and Recovery System (LARS) method for the 1.2 MW, 25-ton Dragon 12 tidal energy kite in Vestmannsund, Faroe Islands. According to Minesto, the operations developed for Dragon 4, which has a capacity of 100 kW and weighs 2.5 tons, were equally effective with the megawatt-scale kite utilizing the same […]

  • OOCL welcomes its first eco-friendly 24,188 TEU boxship in 2024

    5 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) celebrated the start of 2024 with the introduction of another new 24,000+ TEU containership.

  • Fire breaks out at offshore platform leaving five dead and one missing

    21 March 2024
    Business & Finance, Business Developments & Projects, Environment, Human Capital, Safety

    Based on most recent reports, the fire incident at a platform offshore Gabon has resulted in five deaths while one person is still missing.

  • More work for Sapura Energy with Petronas group of companies

    30 April 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Malaysia-based Sapura Energy has secured a contract for the delivery of underwater services for the Petronas group of companies and petroleum arrangement contractors. Sapura Energy’s wholly-owned subsidiary Sapura Subsea Services has been awarded with a contract for the provision of Pan Malaysia underwater services for PTTEP Sabah Oil Limited for Package B1 – Sabah (Deepwater) […]

  • Baker Hughes and CGG in alliance for carbon capture and storage

    8 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Transition, Vision

    France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects by providing high-quality and fully integrated end-to-end solutions to screen, […]

  • Shell-Worley collab continues with new contract for Rotterdam hydrogen plant

    11 March 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development

    UK-based energy giant Shell has awarded Australian engineering company Worley a contract under which the latter will provide detailed design, procurement and construction management support services for the delivery of the Holland Hydrogen 1 (HH1) facility in the Port of Rotterdam. The services include the integration of associated assets such as offshore wind, pipelines, electrical […]

  • Cory Group joins forces with Harbour Energy, bp, and ABP in CO2 transport and storage pact

    6 December 2023
    Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition, Vessels

    Harbour Energy, bp, and Associated British Ports (ABP) have entered into an exclusive commercial agreement with Cory Group for the transportation and storage of carbon dioxide (CO2) by ship. The collaboration centers around Viking CCS, the Humber-based CO2 transportation and storage network spearheaded by Harbour Energy in conjunction with non-operated partner bp, as well as […]

  • MODEC picks Dutch contractor for FPSO work on ExxonMobil’s oil development off Guyana

    12 January 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Jumbo Offshore has got a job with Japan’s MODEC for an FPSO, which will work on ExxonMobil’s fifth oil development offshore Guyana.

  • German operator picks MAN ES’ methanol-ready engines for tanker quartet

    2 February 2024
    Equipment, Vessels

    German operator of oil/chemical tankers German Tanker Shipping (GTS) has selected MAN ES’ propulsion solution with main and auxiliary engines plus MAN Alpha propeller for four oil and chemical tankers.

  • Wärtsilä to supply auxiliary engines for ADNOC L&S’ LNG carrier

    22 December 2023
    Equipment, Vessels

    Finnish technology group Wärtsilä, through its joint venture company CWEC (Shanghai) Company (CWEC), has been contracted to supply dual-fuel auxiliary engines for the sixth liquified natural gas (LNG) carrier owned by ADNOC Logistics & Services.

  • AtoB@C Shipping: Third electric hybrid vessel launched in India

    18 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    The third plug-in hybrid vessel ordered by AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has been launched in India.