Business Developments & Projects

Wood collects funding for autonomous robotics project
Wood has secured nearly $3 million in funding for an oil and gas robotics project, which is expected to create new job opportunities.

NYK takes stake in tanker firm Uyeno Transtech
Japanese shipping firm Nippon Yusen Kabushiki Kaisha (NYK) has agreed to acquire a 10% stake in Uyeno Transtech, a domestic tanker operating company that is part of the Uyeno Group.

Yara and Linde to build green hydrogen plant in Norway
Environmental solutions firm Yara and engineering major Linde have joined in on the construction of a 24 MW green hydrogen demonstration plant at Yara’s ammonia production facility in Norway.

Two players in design battle for Equinor’s stalled project while EIS gets unfavourable review
Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project’s EIS deemed it an unreliable source of information for decision-making processes.

Spliethoff wraps up 1st biofuel trial with GoodFuels
As part of the CO2 emission reduction endeavour, Spliethoff Group, the Netherlands-based shipowner, has completed its first biofuel trial in cooperation with compatriot biofuels pioneer GoodFuel.

Baleària builds 1st electric ship to serve as test lab for green hydrogen
Spanish ferry operator Baleària has embarked on a project to build the first electric passenger and cargo ferry that will be pollution free during port stays and approaches.

Waveswing reaches Orkney ahead of wave energy trials at EMEC
Scottish company AWS Ocean Energy has transported its Archimedes Waveswing wave energy device to Stromness in Orkney, ahead of deployment at the European Marine Energy Centre (EMEC). The 16kW Archimedes Waveswing arrived at Hatston Pier in Kirkwall on January 25, 2022, before being transported to Co

Haldor Topsoe joins Hydrogen Council for green H2 push
Danish CO2-reduction tech company Haldor Topsøe has joined the Hydrogen Council to accelerate the deployment of green hydrogen solutions.

Russian LNG-powered RoRo to arrive in Baltiysk
Russia’s first dual-fuel RoRo-train ferry Marshal Rokossovsky has set out from the Port of Tuzla, Turkey, to the Kaliningrad region in Russia.

Continuing in Myanmar no longer ‘viable option’ for Woodside
Following an exit by TotalEnergies and Chevron, Woodside has also decided to follow suit and abandon Myanmar operations.

U.S. DOE puts form and function of tidal power test vessel up for industry input
Multi-national corporation IDOM, in collaboration with U.S. partners, is seeking feedback from tidal energy industry on the optimal design of a mobile test vessel to ensure its capabilities provide best support for the scope of tidal energy turbine testing.

Pipeshield awarded patent for multi-lift concrete mattresses solution
Pipeshield International, a Tekmar Group company, has been granted a patent for its SUPER-MAT high payload multi-lift concrete mattresses solution. Designed as a lifting device when used with Pipeshield’s heavy-duty quick-release frames, the SUPER-MAT enables the handling of mattresses in stacks, pr

Elengy signs commercial deals for LNG storage at Reichstett
French LNG operator Elengy has signed the first commercial agreements for the satellite storage of LNG at the Reichstett (Bas-Rhin) storage terminal.

Panoro closing Nigerian chapter following long-awaited govt’s nod
Panoro Energy has received approvals from the Nigerian government for the sale of all its interest in in OML 113 off Nigeria to PetroNor.