Business Developments & Projects

Talos reaches another CCS milestone with large-scale carbon sequestration hub
Talos has expanded its CCS portfolio to three sequestration projects, including two regional hubs and one point source on the Gulf Coast.

AW-Energy, Prosys OPC develop monitoring solution for WaveRoller
Finnish wave energy company AW-Energy and software provider Prosys OPC have developed a monitoring solution to simplify control of WaveRoller wave energy devices.

Van Oord picks Sofia inter-array cable supplier
Hellenic Cables has won a contract by Van Oord Offshore Wind UK for the supply of 66 kV inter-array cables and accessories for the 1.4 GW Sofia offshore wind project in the UK. Under the contract, Hellenic Cables will design, engineer, manufacture, test and supply approximately 360 kilometers of 66

Keel laid for P&O Cruises’ second LNG eco-friendly ship
A key stage in the construction of Arvia, deemed as Britain’s newest and most innovative cruise ship, has been marked with the traditional coin-laying ceremony at the Meyer Werft shipyard in Papenburg.

Australians explore using wave energy devices to protect vulnerable coastlines
Researchers from the Swinburne University of Technology are exploring the use of wave energy converters to absorb and reflect the damaging waves that hammer Australia’s vulnerable coastlines.

Orient Cable wins EPCI contract for 500 MW offshore wind project
Orient Cable has won a cable engineering, procurement, construction and installation (EPCI) contract by MingYang Smart Energy for a 500 MW offshore wind project in China. The Chinese power cable specialist will deliver 220 kV export and 35 kV inter-array cables under the contract valued at more than

Hapag-Lloyd sets up new Southern China – Northern Europe service
Driven by increased demand, German container shipping major Hapag-Lloyd is launching a new service that will link Southern China with Northern Europe.

Three suppliers to bag $900 million from drilling contracts with Equinor
Equinor has extended existing drilling contracts, covering 19 assets on the Norwegian continental shelf, with three companies.

North Macedonia to receive LNG from Alexandroupolis FSRU
The government of North Macedonia has started a process for reservation of LNG capacities from the FSRU project in Alexandroupolis, Greece.

Spotted: Asyad’s ship directly connects Oman with Singapore and Malaysia
The container vessel owned by Asyad Shipping, a member of logistics provider Asyad Group, has arrived at Sohar Port, located midway between Muscat and Dubai, as the first of a new direct twice-monthly Asyad Line service connecting Singapore and Malaysia with Oman.

Carnegie goes full steam ahead for EuropeWave project
Having formally signed EuropeWave contract, Carnegie Clean Energy’s subsidiary CETO Wave Energy Ireland has made significant progress on the development of its wave energy technology as part of the first phase of the €20 million scheme.

KOTUG: 1st electric E-Pusher Type M enables zero-emission inland shipping
Dutch towage and maritime company KOTUG is starting with zero-emission transportation of Cargill cocoa beans from the Port of Amsterdam to Zaandam.

Hanas to build China’s new LNG terminal
China has approved domestic renewable energy company Hanas Group to build a receiving LNG terminal in the southeastern province of Fujian.

Petrobras kick-starts divestment process for Gulf of Mexico assets
Petrobras has started a non-binding phase for the sale of its interest in a company, which holds E&P assets in the Gulf of Mexico.