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Business Developments & Projects

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Fossil EnergyOil & GasRigsBusiness & FinanceExploration & ProductionProject & TendersClean FuelGreen MarineShipbuildingCollaborationEquipmentInfrastructureVesselsMarket OutlooksOutlook & StrategyResearch & DevelopmentTransitionHydrogenAnti FoulingEnvironmentRegulation & PolicyDredgingMarine EnergyOffshore WindSubseaAuthorities & GovernmentLNGPorts & LogisticsAmmoniaEnergy Efficiency & InnovationHybridPropulsionTidal & Wave EnergyWind Farms
Shelf Drilling
Business Developments & Projects

Shelf Drilling expects improvement in global jack-up demand and pricing

Shelf Drilling has revealed that 27 of its jack-up rigs are under contract and it expects to see an improvement in the global jack-up demand.

about 4 years ago
New partnership for Kuwait clean energy infrastructure
Business Developments & Projects

New partnership for clean energy infrastructure in Kuwait

Canadian clean energy company Grasshopper Energy and Kuwait engineering company Al Mulla Engineering have signed a partnership agreement to provide clean energy infrastructure projects across Kuwait.

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about 4 years ago
IMI Zamil Offshore
Business Developments & Projects

Two Saudi players team up, aiming to be one of the world’s most competitive OSV builders

IMI has signed a long-term agreement with Zamil Offshore for the delivery of OSV building and MRO services in Saudi Arabia.

about 4 years ago
R&D investments to shape future of shipping
Business Developments & Projects

R&D investments to shape future of shipping

Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.

about 4 years ago
Pertamina and Masdar sign clean energy development deal
Business Developments & Projects

Pertamina and Masdar sign clean energy development deal

Indonesian state-owned oil and gas company Pertamina has signed a deal with Abu Dhabi-based Masdar Clean Energy to develop clean energy solutions in Indonesia.

about 4 years ago
IMO study: Slime-free hulls reduce GHG emissions
Business Developments & Projects

IMO study: Slime-free hulls reduce GHG emissions

The preliminary results of a new study by Global Industry Alliance (GIA) for Maine Biosafety, an initiative addressing biofouling management, have revealed that removing slime from ships’ hulls reduces greenhouse gas emissions (GHG) emissions by up to 25%.

about 4 years ago
Nova Innovation’s M100-D tidal energy turbine (Courtesy of Nova Innovation)
Business Developments & Projects

In focus: the world gathers to curb climate change

During the COP26 conference, nations are expected to speak out their ambition towards mitigating climate change. These pledges will have an effect on the offshore energy and maritime industry.

about 4 years ago
Prospector I jack-up rig - Borr Drilling
Business Developments & Projects

With 17 rigs now booked, Borr hopes to fully contract fleet by 2022

Borr Drilling now has 17 rigs contracted or committed amid strong demand for offshore rigs and is on track to fully contract its fleet by 2022.

about 4 years ago
Suez Canal
Business Developments & Projects

Suez Canal dues for transiting ships set to rise

The Suez Canal Authority has decided to increase canal dues by six per cent for the year 2022, except for LNG carriers and cruise ships.

about 4 years ago
Hartree Maritime inks $108 million loan to buy eco-friendly VLCC duo
Business Developments & Projects

Hartree Maritime inks $108 million loan to buy eco-friendly VLCC duo

Hartree Maritime Partners (HMP), the shipping affiliate of global energy and commodities firm Hartree Partners, has signed a $108 million debt finance facility to purchase two environmentally friendly very large crude carriers (VLCCs).

about 4 years ago
Noble Joe Knight
Business Developments & Projects

Noble sells four Saudi rigs to ADES

Offshore drilling contractor Noble Corporation has completed the sale of four jack-up rigs to a subsidiary of ADES International Holding.

about 4 years ago
Pakistan LNG seeks 2 LNG cargoes for November delivery
Business Developments & Projects

Pakistan LNG seeks 2 LNG cargoes for November delivery

State-owned Pakistan LNG Limited published an emergency tender seeking two LNG cargoes for November delivery.

about 5 years ago
Maersk
Business Developments & Projects

Maersk to establish carbon-neutral logistics park in Middle East

Danish shipping giant A. P. Moller – Maersk has signed an agreement with Saudi Ports Authority (Mawani) to set up an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia.

about 5 years ago
A visualization of a floating offshore wind farm connected to the Draugen platform.
Business Developments & Projects

In focus: Ships, oil & gas platforms to get greener by the day with clean fuels and renewables

Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.

about 5 years ago