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Business Developments & Projects

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Business Developments & Projects

BP cheers biggest Shah Deniz milestone in 2021 after deepwater flank start-up

The BP-led Shah Deniz consortium has started production from the East South flank – the biggest milestone planned for the project this year.

about 5 years ago

Business Developments & Projects

Hyundai Samho orders LNG carrier tank design from GTT

French LNG containment specialist GTT has received an order from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of a new LNG carrier.

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about 5 years ago

Business Developments & Projects

Environmental alliance rises against Canada’s and Germany’s LNG projects

A Trans-Atlantic alliance formed of 22 German and 18 Canadian organizations demands the immediate shutdown of the GNL Québec project in Canada and the Stade LNG in Germany.

about 5 years ago

Business Developments & Projects

Euronav, partners launch JDP for ammonia-fueled vessels

Belgium-based tanker shipping company Euronav, Hyundai Heavy Industries (HHI), classification societies Lloyd’s Register and DNV have sealed a joint development project (JDP) for the development of ammonia-fitted vessels.

about 5 years ago

Business Developments & Projects

Germany wins EU funding for sustainable inland shipping program

The European Commission has approved a €131 million German scheme to support “the sustainable modernization” of inland waterway fleets in Germany.

about 5 years ago

Pioneering Spirit delivering the Valhall jacke

Business Developments & Projects

Pioneering Spirit vessel delivers Valhall jacket for decom

Allseas and its giant heavy lift vessel Pioneering Spirit have delivered Aker BP’s Valhall QP jacket to a yard in Norway for decommissioning.

about 5 years ago

Photo showing Minesto's DG100 system operating in Faroe Islands (Courtesy of Minesto)

Business Developments & Projects

DNV verifies Minesto’s power curve as upgraded tidal kite reaches new heights

Swedish marine energy developer Minesto has improved power production performance through upgrades and modifications of its DG100 tidal kite system, as key aspects of test operations and electricity production get third-party verified by DNV.

about 5 years ago

Business Developments & Projects

TotalEnergies and Veolia to develop next-generation biofuels

French energy major TotalEnergies and ecological transition company Veolia will develop CO2-based microalgae cultivation to produce next-generation biofuels for the energy transition.

about 5 years ago

Diamond Offshore's Ocean BlackRhino - Maersk Training

Business Developments & Projects

Maersk Training gets three-year deal with Diamond Offshore

Maersk Training will deliver immersive simulation and crew resource management training for Diamond Offshore crews worldwide.

about 5 years ago

Business Developments & Projects

Aker Solutions delivers module for Johan Sverdrup riser platform

Norwegian oilfield services provider Aker Solutions has delivered the 5,000-ton additional module for Equinor’s Johan Sverdrup riser platform.

about 5 years ago

Business Developments & Projects

WATCH: Fire burns in Caspian Sea after mud volcano causes explosion near offshore fields

A massive explosion caused by a mud volcano on Sunday shook the Caspian Sea where Azerbaijan operates offshore oil and gas fields.

about 5 years ago

Business Developments & Projects

Two more Tallink ships switch to shore power

Since 1 July, Tallink Grupp’s vessels Silja Europa and Baltic Queen have switched to using shore power at the Port of Tallinn’s Old City Harbour during their port stays.

about 5 years ago

Illustration/Apollo’s PALM connector (Courtesy of Apollo Offshore Engineering)

Business Developments & Projects

WES splashes £1.8M on quick connection systems for wave energy

Wave Energy Scotland (WES) has selected three companies to share nearly £1.8 million to demonstrate their quick connection systems which are expected to bring down the cost of wave energy.

about 5 years ago

Business Developments & Projects

Navig8 inks sale and leaseback deal for chemical tankers

Norway-listed tanker company Navig8 Chemical Tankers has entered into sale and leaseback agreements with Chinese Jiangsu Financial Leasing (JFL) for four chemical tankers.

about 5 years ago