Business Developments & Projects
German partners build 3MWp floating solar plant
German renewable energy company BayWa r.e. is finalizing construction of a 3MWp floating solar plant for the compatriot company Quarzwerke which is looking to further reduce its carbon footprint.
Keppel O&M lands fresh batch of contracts
Keppel Offshore & Marine has secured new contracts from repeat customers with a total value estimated at about $186 million.
Maersk posts record earnings, further expands logistics portfolio
Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.
Green SCR system for German cruise ship
MAN PrimeServ Augsburg, part of MAN Energy Solutions, has completed the retrofitting of dual selective catalytic reduction (SCR) systems aboard the cruise ship MS Amadea.
API taking action against Gulf of Mexico oil & gas lease sale ruling
The American Petroleum Institute appeals the ruling, which invalidated the results of last year’s Gulf of Mexico oil and gas lease sale.
Petrofac looks into green hydrogen development on Russia’s Sakhalin Island
International energy services provider Petrofac has won its first new energy-focused project in Russia for the first wind-to-hydrogen development on Sakhalin Island.
C-Power gets investors backing for ocean energy and data solutions
U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.
Scots back enhanced subsea gas tieback project with £765k
Worley has secured £765,000 support from Scottish Enterprise for an enhanced subsea gas tieback project which is said to reduce operational CO2 emissions in gas fields by more than 90%. The funding will be used for full pre-production testing of Worley’s pseudo dry gas (PDG) liquid removal system wh
Samsung Heavy scores Cedar LNG FEED contract
Cedar LNG has signed a deal with Black & Veatch and Samsung Heavy Industries (SHI) for the front-end engineering and design (FEED) of the project’s proposed FLNG.
MOL bunkering vessel trials biodiesel fuel
Japanese bunkering vessel Techno Star has been successfully operated using biodiesel fuel (BDF) supplied by Aburatou Shoji K.K.
MMA Offshore inks contract renewal with Inpex
MMA Offshore has been awarded a long-term contract for one of its platform supply vessels by Inpex for operations offshore Australia.
DSCV Van Gogh on two-year charter with Mermaid
Mermaid Subsea Services has entered into a two-year charter-in contract for the DP2 diving support construction vessel (DSCV) Van Gogh. The vessel, already delivered to Mermaid Subsea Services, will be immediately deployed to support the company’s subsea projects. Van Gogh will undertake inspection,
MOL signs charter for new Arctic LNG 2 ice-breaking carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking tanker to serve Russia’s Arctic LNG 2 project.
Noble rig preparing to drill surface hole for Santos well
The Noble Tom Prosser rig has arrived at the site and is about to drill the Santos-operated Pavo-1 well offshore Australia.