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Business Developments & Projects

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Infrastrata acquires UK FSRU project
Business Developments & Projects

Infrastrata acquires UK FSRU project

The London Stock Exchange-listed InfraStrata, a company focused on the development of natural gas storage capacity, has pulled the trigger for the acquisition of Meridian Holdings.

about 6 years ago
Ocean DEOM 3rd Call
Business Developments & Projects

Ocean DEMO launches 3rd call for applications

The EU-funded Ocean DEMO project has opened its 3rd call. Successful applicants will receive free access to test their ocean energy products and services in real sea environments at the project’s network of test centres. This call will focus on supporting technology developers with high readiness le

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about 6 years ago
Vattenfall calls out UK government over offshore wind project delays
Business Developments & Projects

Vattenfall calls out UK government over offshore wind project delays

The UK’s Department for Business, Energy & Industrial Strategy (BEIS) has postponed the statutory deadline for the decision on planning consent for the 1.8 GW Norfolk Vanguard offshore wind project to 1 July. Vattenfall is the developer of Norfolk Vanguard and the neighbouring 1.8 GW Norfolk Boreas

about 6 years ago
DCSA
Business Developments & Projects

DCSA introduces first IoT standards for smart containers

Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has, in conjunction with its nine member carriers, published IoT connectivity interface standards for shipping containers.

about 6 years ago
Seadrill's West Leo rig
Business Developments & Projects

Seadrill takes $1.2 billion impairment and moves to ditch NYSE listing

Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.

about 6 years ago
Modus’ HAUV-2 wraps up Gwynt-y-Môr depth of burial survey
Business Developments & Projects

Modus’ HAUV-2 wraps up Gwynt-y-Môr depth of burial survey

Modus Seabed Intervention has completed a high speed bathymetric and depth of burial survey of the inter array cable routes on the innogy operated Gwynt-y-Môr offshore wind farm. The company utilised the Modus HAUV-2 (Hybrid Autonomous Underwater Vehicle) for the work. The Gwynt-y-Môr offshore wind

about 6 years ago
Weeks Marine opts for Royal IHC
Business Developments & Projects

Weeks Marine opts for Royal IHC

Royal IHC has been awarded the contract for the engineering and equipment delivery for a new 6,540m³ trailing suction hopper dredger (TSHD) for Weeks Marine Inc. This is an identical vessel to the MAGDALEN that was delivered in 2017. Part of the contract is the supply of key components as well as th

about 6 years ago
HKZ Alpha jacket readies for sail-out
Business Developments & Projects

HKZ Alpha jacket readies for sail-out

The project team working on the jacket foundation for the Hollandse Kust Zuid Alpha offshore substation has completed all the major lifts for the jacket, Petrofac said. The jacket is now getting ready to depart the United Arab Emirates and head to the Dutch North Sea. In September 2019, Eversendai O

about 6 years ago
Van Oord LNG-powered dredgers
Business Developments & Projects

Van Oord inks green loan for LNG-powered dredgers

Dutch marine contractor Van Oord has signed its first green loan that will be used to fund its new liquefied natural gas-powered dredgers. The company said in a statement it signed the loan with Dutch Rabobank and France’s BNP Paribas last month. Van Oord structured the loan according to green loan

about 6 years ago
CLEANBU
Business Developments & Projects

Klaveness: CLEANBU vessel Barracuda makes 1st switch from dry cargo to jet fuel

Klaveness Combination Carriers’ (KCC) CLEANBU vessel MV Barracuda completed last week the first voyage carrying a part cargo of jet fuel to Korea after discharging its previous cargo of soya beans in China in early May.

about 6 years ago
Ineos logo on Mercedes F1 car livery; Source: Ineos
Business Developments & Projects

Ineos farms out two Norwegian licenses to Lime Petroleum

Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 per cent stake in two Ineos’ Norwegian Sea licenses.

about 6 years ago
Eversendai bags two offshore wind contracts
Business Developments & Projects

Eversendai bags two offshore wind contracts

Petrofac has awarded the Dubai-based Eversendai Offshore with two substantial contracts for the offshore wind-related projects in the Netherlands and in Scotland, UK. Eversendai Offshore, a wholly-owned subsidiary of Malaysia’s Eversendai Corporation Berhad, will fabricate and construct a jacket fou

about 6 years ago
The Switch
Business Developments & Projects

Cat chooses The Switch drive train technology for Twin Fin bulkers

Finland-based Yaskawa Environmental Energy / The Switch has signed a contract with US company Caterpillar (Cat) to deliver a package of electric drive train technology for a series of bulk carriers.

about 6 years ago
IOG hires Petrofac for well management job in North Sea
Business Developments & Projects

IOG hires Petrofac for well management job in North Sea

Petrofac has secured a well management contract for Phase 1 of Independent Oil and Gas’ (IOG) Core Project located off the UK.

about 6 years ago