Business Developments & Projects

Sonardyne aims at safer UXO clearance with new wireless technology
Sonardyne has launched a wireless underwater initiation capacity with the aim of improving the safety and efficiency of unexploded ordnance (UXO) clearance during offshore energy projects. The Initiation Transponder 6 (IT 6) is designed to be connected directly to a remotely deployed, non-electric m

Woodside unveils exec team to lead new company after BHP merger
Woodside has revealed a new executive team, which will lead the new company, following the completion of the proposed merger with BHP.

Grain de Sail orders its next wind-powered freighter
French company Grain de Sail has ordered its future cargo sailboat from compatriot shipbuilder Piriou, expanding its carbon-free maritime fleet.

APM Terminals Mumbai boosting capacity with $115M investment
APM Terminals Mumbai, also known as Gateway Terminals India (GTI), has decided to invest $115 million in infrastructure development with the aim of increasing the container handling capacity.

SINTEF and ECONNECT develop new modeling for floating pipe
SINTEF Energy Research and ECONNECT Energy have developed a new computational fluid dynamic (CFD) modeling tool to predict LNG, ammonia and liquid CO2 flow rates in floating cryogenic pipes.

Germany: TU Hamburg, DLR team up on next-gen maritime energy systems
Hamburg University of Technology (TUHH) and the Institute for Maritime Energy Systems (DLR) will be jointly researching maritime energy systems in an effort to support the decarbonization of the shipping industry.

Aker BP and Lundin ink merger plan to create second-largest producer in Norway
Following an agreement to combine, Aker BP and Lundin Energy have now signed a merger plan with an aim to close the deal in mid-2022.

MPC Container Ships is official supporter of zero carbon shipping centre
Norwegian container tonnage provider MOC Container Ships has become an official supporter to the Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping, underlining its commitment and support to the centre’s mission and vision.

Wello retrieves Penguin device due to damage by ‘floating object’ hit
Penguin wave energy device has been damaged by a floating object, forcing Wello to bring it ashore for inspections and repairs from the deployment site at the Biscay Marine Energy Platform (BiMEP).

Normand Clipper to stay with Global Marine
Solstad Offshore and Global Marine Group have signed a contract extension for the construction support vessel (CSV) Normand Clipper. The parties decided to extend their present contract for Normand Clipper with a further three years to May 2026, and additional options thereafter. Global Marine Group

Neptune Energy, RWE unveil offshore wind-to-hydrogen project in the Netherlands
Neptune Energy and RWE have signed a Joint Development Agreement to develop a green hydrogen project which will use offshore wind energy for the production of hydrogen in the Dutch sector of the North Sea and an existing pipeline to transport the hydrogen to land. The project, called H2opZee and sup

Tufton Oceanic joins zero carbon shipping centre, divests three containerships
UK’s investment company Tufton Oceanic Assets Limited has joined the Maersk Mc-Kinney Møller Centre for Zero Carbon Shipping and is continuing to divest containerships as part of its commitment to capital re-allocation.

MacGregor to furnish CNOOC with FPSO offloading systems
MacGregor, part of Cargotec, has inked a deal to supply FPSO offloading systems for CNOOC’s redevelopment project in the South China Sea.

New alliance to standardize digitalization of international trade
Several industry associations have formed a new alliance to standardize the digitalization of international trade.