Business Developments & Projects
Steel cut for Ocean Infinity’s green ammonia-ready vessel
The steel cutting ceremony for the fifth in a series of eight green ammonia-ready vessels being built for marine robotics company Ocean Infinity was held on Monday, 21 February.
Aiming for industry’s greenest fleet of vessels, Solstad goes on decarbonisation quest with Wärtsilä
Solstad has turned to Wärtsilä in a bid to reduce the carbon footprint of its fleet and achieve its decarbonisation ambitions by 2050.
STR makes largest iXblue investment to date
UK’s Subsea Technology & Rentals (STR) has acquired the iXblue long baseline (LBL) system Canopus, strengthening its global rental fleet. Canopus brings together intelligent transponders, Ramses transceivers, Inertial Navigation Systems (INS), and Delph Subsea positioning software. It is also a thir
AG&P and ADNOC sign FSU charter deal for Philippines LNG
Global LNG logistics company Atlantic Gulf & Pacific (AG&P) has signed a charter deal with UAE-based ADNOC for the Philippines LNG FSU supply.
All systems go for full development of Enauta’s Brazillian field including FPSO deal with Yinson
Enauta has confirmed the approval for the Atlanta field’s Full Development System and signed a firm FPSO contract with Yinson.
GES closes its 1st investment in Port of Rotterdam
Following the signing of a binding agreement in November 2021, Singapore-based storage terminals operator Global Energy Storage (GES) has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in Europoort, the Port of Rotterdam.
DOE to invest $150 million in energy transition projects
The U.S. Department of Energy (DOE) will invest $150 million in research projects focused on advancing clean energy technologies.
Ørsted investigating cable routes, landfall sites for Skipjack export line
Ørsted will start surveying potential landfall locations in Delaware for the Skipjack Wind 1 export cable this month, according to the local media, which reports the developer will survey the seafloor and coastal terrain at three locations near Bethany Beach. The developer will deploy three vessels
Shipowner behind $217M LNG carrier order revealed
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, is believed to have placed a $217 million order with Korea Shipbuilding & Offshore Engineering Co. (KSOE) for a liquefied natural gas (LNG) carrier. To remind, the Korean shipbuilding giant recently revealed the contract for 174,000 c
Woodside picks aviation services provider for Scarborough
PHI International has secured a contract with Woodside – on behalf of the Scarborough JV – for aviation services in Western Australia.
North Sea decarbonisation at the forefront of Scotland’s leasing round connecting offshore oil & gas with wind
A new leasing opportunity has been unveiled in Scotland connecting offshore oil and gas and wind in a push to decarbonise the North Sea.
Eco Wave Power kicks off installation of 10 wave energy floaters in Israel
Eco Wave Power has started the installation of 10 wave energy floaters in the Port of Jaffa in Israel as part of the EWP-EDF One project.
Port of Corpus Christi to become green hydrogen hub
Apex Clean Energy, Ares, EPIC Midstream, and PCCA will explore the development of green hydrogen production, including a new pipeline and a green fuels hub at the Port of Corpus Christi.
Germany halts Nord Stream 2 in response to Russia’s latest actions
Germany has halted the process of certifying the Nord Stream 2 gas pipeline from Russia due to the current crisis in Ukraine, German Chancellor Olaf Scholz has been reported as saying. According to local media reports, Scholz has announced that his government is taking the measures in response to Ru