Business Developments & Projects
Driven by deepwater projects, Sub-Saharan Africa set to see a boom in gas output – Rystad
Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources.
3D at Depth secures patent for underwater structure monitoring
3D at Depth has received a new patent, Systems and Methods for Monitoring Underwater Structures, from the U.S Patent and Trademark Office. The patent’s focus is predominantly on leak detection and identifying changes to surfaces and volumes on and around underwater assets via 3D at Depth’s patented
TU Delft researchers tackling power variability in hybrid marine energy parks
Researchers from Delft University of Technology, also known as TU Delft, have started exploring the interactions between different renewable energy sources to reduce the variability in electricity supplied to households as part of €45 million EU-SCORES project.
Seadrill emerges from Chapter 11 after a year of restructuring
Seadrill has emerged from Chapter 11, a little over a year after filing for it. This was its second bankruptcy in about four years.
WinGD to upskill crews for the ‘vessels of tomorrow’
Swiss based marine engine technology developer WinGD has expanded its global training network through a partnership with DCS Power in Singapore to deliver training for optimizing engine performance and preparing crews for the fuels of the future.
SMI: Industry invited to hear about UK’s refreshed shipbuilding strategy
The latest thinking of the team behind the UK’s refreshed shipbuilding strategy, which is expected to include a multi-billion pound vessel pipeline due to be built over the next 30 years, will be discussed at the annual conference held by the Society of Maritime Industries (SMI).
Subsea Europe Services gets six-figure support for autonomous survey tech
Subsea Europe Services (SES) has secured six-figure funding to accelerate autonomous survey technologies development for marine survey applications. The investment is said to boost the company’s approach which focuses on the integration of new generation smart, A.I. and machine learning-enabled hydr
New alliance to build Asia Pacific’s 1st zero-emission all-electric tug
A new alliance has been formed to construct the first all-electric, zero carbon emission harbour tug in the Asia Pacific region.
StormGeo launches digital tool for ship’s carbon intensity improvement
Norwegian weather forecasting provider StormGeo has launched a new Carbon Intensity Indicator (CII) Dashboard, a digital tool for ship operators to calculate, report and improve the CII rankings of their fleet.
50Hertz awards Ostwind 3 UXO ID and removal contract
German offshore transmission system operator (TSO) 50Hertz has contracted Heinrich Hirdes EOD Services for UXO identification and removal works for the Ostwind 3 project. The German contractor is in charge of delivering the unexploded explosive ordnance (UXO) survey, identification and removal on th
Drewry: Ocean carriers close 2021 with $190 billion profit
Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.
UK well engineering specialist sees new deal as reflection of growing confidence in North Sea
UK’s Fraser Well Management believes that its new contract demonstrates the growing confidence in the hydrocarbon potential of the North Sea.
Shell to use Kongsberg’s energy-saving software onboard 45 LNGCs
Shell has signed a five-year contract for the installation of Kongsberg Maritime’s JAWS (Just Add Water System) software on board 45 of the LNG carriers.
Canada sets up employment program for marine renewable energy sector
Marine Renewables Canada and Electricity Human Resources Canada (EHRC) have formed partnership to support organizations in the marine renewable energy sector interested in providing employment opportunities for youth.