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Business Developments & Projects

Swire Shipping links up with Achilles Maritime Netowork

Singapore-based shipping company Swire Shipping has become an official member of the Achilles Maritime Network, a digital platform developed by the UK-based supply chain risk management solutions provider Achilles. As disclosed, Swire Shipping’s joining the collaborative industry initiative now brin

about 1 year ago

UK-based Inyanga Marine Energy Group has appointed Martin Murphy as Chair of the Board.

Business Developments & Projects

Inyanga Marine Energy Group appoints new chair of the board

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UK-based Inyanga Marine Energy Group has appointed Martin Murphy as the new Chair of the Board. Murphy, a Chartered Engineer and experienced CEO, served 12 years in the Royal Navy before moving into senior corporate and entrepreneurial roles in the marine renewables sector, according to Inyanga Mari

about 1 year ago

Business Developments & Projects

STAX Engineering boards UK consortium’s zero-emission ports initiative

U.S.-based maritime emissions capture and control company STAX Engineering has joined a zero-emissions port-based project led by British carbon capture technology company Seabound. As disclosed, STAX Engineering has become a new member of a Seabound-led consortium that clinched £1.1 million (roughly

about 1 year ago

Business Developments & Projects

Solar power coming to curb European terminal’s emissions

KN Energies (KN), formerly Klaipedos Nafta, has taken steps to secure a contractor to equip its liquid energy products terminal with a solar power plant to unlock greenhouse gas (GHG) emissions cuts.

about 1 year ago

Business Developments & Projects

UXO survey underway at Ocean Winds’ 390 MW Polish offshore wind farm

An unexploded ordnance (UXO) survey campaign has commenced at Ocean Winds’ 390 MW BC-Wind offshore wind farm site in Poland. The aim of the work is to ensure safety during the future installation of transmission cables connecting the BC-Wind offshore wind farm with the mainland. Thanks to these test

about 1 year ago

Business Developments & Projects

Centrica getting a decade’s worth of US LNG

Centrica Energy, the trading arm of the U.K.’s energy company Centrica, has signed a natural gas sale and purchase agreement (SPA) with U.S.-based Devon Energy Corporation.

about 1 year ago

Troll C platform in the North Sea; Source: Equinor

Business Developments & Projects

Norway eyes oil & gas investments of nearly $23 billion next year

Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.

about 1 year ago

Business Developments & Projects

Another UK subsea green electricity superhighway to sport Hitachi Energy converter stations

The joint venture of National Grid Electricity Transmission and SSEN Transmission has selected Hitachi Energy as the preferred bidder to deliver high-voltage direct current (HVDC) converter stations in Scotland and England for the Eastern Green Link 3 (EGL3) project. Marked the biggest project in th

about 1 year ago

Business Developments & Projects

Everllence, MEYER RE join forces to develop methanol retrofitting solutions

German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm of the Meyer Group focused on sustainable maritime solutions, have shaken hands on an initiative to ‘advance’ methanol retrofitting systems. As divulged by the partners, the project will aim to cut

about 1 year ago

Allseas' Pioneering Spirit removes Heather Alpha topside; Source: EnQuest

Business Developments & Projects

WATCH: Allseas vessel on decom quest carries out this year’s largest single lift in North Sea

EnQuest has tucked a new decommissioning milestone under its belt in the UK sector of the North Sea, thanks to the assistance received from a heavy lift vessel owned by Allseas, an offshore pipeline installation, heavy lift, and subsea construction contractor.

about 1 year ago

Business Developments & Projects

Ocean Yield expanding LNG portfolio with CapeOmega purchase

Norwegian shipowner Ocean Yield and global investment firm KKR intend to purchase energy infrastructure company CapeOmega Gas Transportation from Partners Group, a global private markets investment manager.

about 1 year ago

Business Developments & Projects

Fugro about to start surveys for second Scotland-Wales interconnector

Dutch Fugro is about to commence survey work for the Western Link 2 (WL2) interconnector that will link Scotland and Wales. Fugro is set to begin marine geophysical surveys in the nearshore area of Caernarfon Bay today, August 14, with work expected to be completed by October 12, weather dependent.

about 1 year ago

Illustration; Source: North Sea Transition Authority (NSTA)

Business Developments & Projects

Fresh gas storage license for Snam’s subsidiary in East Irish Sea fueling UK’s hydrogen dreams

North Sea Transition Authority (NSTA) has offered a license for gas storage in the East Irish Sea to dCarbonX, a subsidiary of Snam, which is expected to propel the UK’s decarbonization aspirations forward, thanks to offshore hydrogen storage.

about 1 year ago

Business Developments & Projects

Seacontractors adding two ex-DOF vessels to its fleet

The Netherlands-headquartered maritime service provider Seacontractors has acquired two vessels formerly owned by Norwegian vessel owner DOF Group.

about 1 year ago