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Business Developments & Projects

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The U.S.-flagged barge will be crewed by American mariners under Crowley’s operation. Photo provided by American Maritime Officers (AMO).
Business Developments & Projects

Nexans and Crowley Wind Services partner on US cable lay barge

France’s cable systems designer and manufacturer, Nexans, has partnered with Crowley Wind Services to develop and operate a Jones Act-compliant cable lay barge, aiming to support subsea transmission work for offshore wind and other industries across the U.S.. The 300-foot barge, flagged and crewed i

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects
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Rig en route to OKEA’s North Sea tie-back project location ahead of drilling ops

Norway’s oil and gas company OKEA is getting ready to welcome a drilling rig managed by Odfjell Drilling to the location of its North Sea tie-back project, where drilling activities are set to kick off next week.

about 1 year ago
First LNG-ready LR2 Aframax delivered to Performance Shipping
Business Developments & Projects

First LNG-ready LR2 Aframax delivered to Performance Shipping

Greek tanker owner Performance Shipping has taken delivery of its first LNG-ready LR2 Aframax newbuild from Shanghai Waigaoqiao Shipbuilding in China.

about 1 year ago
Northern Lights JV
Business Developments & Projects

Northern Lights moves forward with tank delivery

The Northern Lights joint venture (JV) has taken delivery of nine new CO2 storage tanks at its Øygarden site in Norway, marking a key step in the development of Phase 2 of the project. The tanks were safely unloaded with support from Equinor, acting as the project’s technical service provider (TSP),

about 1 year ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Business Developments & Projects

Ukraine to explore floating solar with Norwegian-Turkish partners

Norwegian company Ocean Sun has signed a memorandum of understanding (MoU) with the Ukrainian Zhytomyr City Territorial Community and Turkey’s HICC Heavy Industry Construction to explore the deployment of a floating solar power plant with a capacity of up to 25 MWp. According to Ocean Sun, the MoU s

about 1 year ago
Fugro picks up survey contracts for UAE field developments
Business Developments & Projects

Fugro picks up survey contracts for UAE field developments

The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv

about 1 year ago
Courtesy of Aquaterra Energy
Business Developments & Projects

UK firm to continue subsea well support offshore Egypt

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns. Under the initial contract awarded in 2023, the UK-ba

about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Business Developments & Projects

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
Menter Môn Morlais
Business Developments & Projects

Morlais tidal energy project scales up as Cydnerth construction begins

Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South

about 1 year ago
CMA CGM
Business Developments & Projects

Finnish cleantech company Hycamite receives financial backing from CMA CGM

Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.

about 1 year ago
An LNG tanker at sea
Business Developments & Projects

Long-term LNG deal with Canadian player diversifying Uniper’s portfolio

Tourmaline Oil, Canada’s largest natural gas producer, has signed a multi-year liquefied natural gas (LNG) supply agreement with German energy major Uniper.

about 1 year ago
Port of Nigg’s owner passes the baton to Japanese investor
Business Developments & Projects

Port of Nigg’s owner passes the baton to Japanese investor

Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

about 1 year ago
Mark Rasmusen and Barry Summers shaking hands
Business Developments & Projects

IKM Testing gets €26M in new contracts, appoints regional director

IKM Testing UK, a company within the IKM Group, has appointed Barry Summers as its new Regional Director, following the retirement of Mark Rasmusen. The move comes as the company reports £23 million (approximately €26,5 million) in new contract awards during the first half of 2025, just 14% short of

about 1 year ago
Flotte Hamburg trialling HVO 100 fuel on course for climate neutrality
Business Developments & Projects

Flotte Hamburg trialling HVO 100 fuel on course for climate neutrality

Flotte Hamburg (Hamburg Fleet), a wholly owned subsidiary of the Hamburg Port Authority, has decided to trial the use of hydrotreated vegetable oil (HVO 100) as part of its decarbonization strategy.

about 1 year ago