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Business Developments & Projects

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Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek
Business Developments & Projects

Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek

South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-ne

about 11 months ago
New Asso.subsea cable layer to sport automation system from Finnish company
Business Developments & Projects
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New Asso.subsea cable layer to sport automation system from Finnish company

Greece’s Asso.subsea has placed an order with a firm headquartered in Finland for an Integrated Automation System (IAS) to be delivered for its DP 2 cable-laying vessel (CLV) currently being built in China. Valmet will supply its automation technology for the vessel named Althea, which the China Mer

about 11 months ago
MOL
Business Developments & Projects

MOL’s newest LNG dual-fuel 210,000 dwt bulker christened and delivered

Qingdao Beihai Shipbuilding Heavy Industry (BSIC) and China Shipbuilding Trading (CSTC), both arms of China State Shipbuilding Corporation (CSSC), have rolled out the red carpet for the final dual-fuel liquefied natural gas (LNG) powered bulk carrier in a series constructed for Japan’s shipping gian

about 11 months ago
Svitzer buys into Norwegian maritime services company
Business Developments & Projects

Svitzer buys into Norwegian maritime services company

Denmark-based towage service provider Svitzer has acquired a majority stake in Norwegian maritime services company Buksér og Berging.

about 11 months ago
source: Orbital Marine Power
Business Developments & Projects

Scottish firm expands presence in Canada with 12.5MW tidal award

Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process. According to Orbital Marine Power, the award includes two 15-year p

about 11 months ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

Third time not the charm for Equinor in North Sea

Norway’s state-owned oil and gas giant Equinor and its partners have drilled a dry well in the Norwegian sector of the North Sea.

about 11 months ago
Calcasieu Pass terminal; Source: Venture Global
Business Developments & Projects

Venture Global’s new LNG deal underscores Europe’s bet on US gas

Venture Global, a U.S. producer of liquefied natural gas (LNG) sourced from North American basins, has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Spain’s Naturgy.

about 11 months ago
EST-Floattech
Business Developments & Projects

EST-Floattech to supply battery systems for Arklow Shipping’s general cargo ship pair

The Netherlands-based energy storage system provider EST-Floattech has been commissioned to supply its battery systems for a new series of environmentally friendly general cargo vessels set to be constructed at a Dutch yard. As disclosed, EST-Floattech is to deliver its Octopus Lite battery solution

about 11 months ago
Bio-LNG supply service launched at Musel Energy Hub in Spain
Business Developments & Projects

Bio-LNG supply service launched at Musel Energy Hub in Spain

Musel Energy Hub, the LNG plant in Gijón, Spain, owned by Enagás and Reganosa, has launched a service to supply bio-LNG to ships and tankers.

about 11 months ago
TasPorts and H2U Group eye hydrogen and ammonia production in Tasmania
Business Developments & Projects

TasPorts and H2U Group eye hydrogen and ammonia production in Tasmania

Australian players TasPorts and the H2U Group have signed a memorandum of understanding (MoU) to investigate the feasibility of developing a large-scale green hydrogen and ammonia production and export facility within the Bell Bay port precinct in Northern Tasmania.

about 11 months ago
Subsea mooring installation call keeps DOF vessel offshore Australia
Business Developments & Projects

DOF gets call from the Atlantic from BP

Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and

about 11 months ago
Repsol invests €2.549 billion in renewable hydrogen push
Business Developments & Projects

Clariant’s catalysts to power Repsol’s waste-to-methanol plant in Spain

Swiss specialty chemical company Clariant will provide catalysts for Spanish energy giant Repsol’s Ecoplanta waste-to-methanol plant in El Morell near Tarragona, Spain.

about 11 months ago
New partnership looking into ocean-based carbon capture in commercial shipping
Business Developments & Projects

New partnership looking into ocean-based carbon capture in commercial shipping

AURELIA Design and CALCAREA joined forces to bring ocean-based carbon capture to commercial shipping.

about 11 months ago
FPSO; Source: MODEC
Business Developments & Projects

MODEC’s FPSO destined for Brazil to sport Norwegian compressors

Norway-based TMC Compressors has won a contract to supply a marine compressed air system for a floating production, storage, and offloading (FPSO) unit under construction by Japan’s MODEC.

about 11 months ago