Business Developments & Projects

Aker Solutions buying compatriot consultancy to support growth strategy
Aker Solutions is acquiring Unitech Power Systems, a Norway-based electrical power systems consultant, as part of its growth strategy and with the aim of further accelerating its transformation. Aker Solutions states that the acquisition is an important step towards the company creating an engineeri

U.S. operator boosts fleet with three more offshore supply vessels
Hornbeck Offshore has added three offshore supply vessels to its fleet following an auction carried out by MARAD.

UK oil & gas industry makes huge progress on North Sea Transition Deal, OGUK says
A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal has shown strong progress, OGUK says.

Oakland set to become green zero-emission port
Amid recovering from two years of coronavirus pandemic restraints, the U.S. Port of Oakland has revealed its plans to invest in a renewed, smart and zero-emissions port.

Subsea data centers prove feasible following pressure tests
U.S. company Subsea Cloud has completed pressure testing which is said to prove feasibility for data centers to be placed subsea. Subsea Cloud said its centers will be installed in a modular fashion providing green, affordable data center infrastructure. The first ten pods to be deployed are expecte

Hamburg Port stepping up hydrogen game with new MoU
Making a step further in taking concrete action to support decarbonisation, Hamburg Port Authority (HPA) has signed a memorandum of understanding (MoU) with industrial gases company Air Products to establish a sustainable supply chain for hydrogen.

TTI opens NetBuoy survey for wave energy developers
Tension Technology International (TTI) has launched a survey to check potential interest from the wave energy developers in its NetBuoy product.

Watch: Climate-smart Viking Glory completes journey home
Finnish shipping company Viking Line has welcomed its climate-smart flagship Viking Glory in the Port of Turku following the ship’s five-week journey home across the seas.

Western Bulk takes delivery of 1st carbon offset bio-blend bunker fuel
Norwegian dry bulk shipping company Western Bulk has taken delivery of its first carbon offset bio-blend bunker fuel (B30) from TFG Marine, a marine fuel supply and procurement joint venture between commodity trader Trafigura and shipping firms Frontline and Golden Ocean.

Australian wave energy firm picks new chief
Australia-based wave energy company Wave Swell Energy has appointed Paul Geason as its new chief executive officer (CEO).

Petrofac to bag $100 million from two new contracts in India
Petrofac has secured two new contracts with Cairn Oil & Gas, Vedanta Limited with a combined value of approximately $100 million.

Serica renews North Sea deal with Sparrows
Serica Energy has awarded a crane operations and maintenance services contract on one of its platforms in the UK North Sea to Sparrows Group.

Bureau Veritas verifies SubSLAM underwater measuring system
Vaarst, tech spin-off of subsea player Rovco, has secured Bureau Veritas verification for its SubSLAM underwater measuring system. Bureau Veritas verified the technology as delivering sub-millimeter accuracy for live subsea measurement, making it the most accurate real-time underwater measuring syst

Maersk’s vessels to transmit live data for weather and climate forecast
In the largest project of its kind, shipping giant A.P. Moller-Maersk has installed automated weather stations (AWS) on 50 of its vessels to transmit live data helping forecast weather and climate.