Business Developments & Projects

Franco-Scottish tidal power duo secures 12MW berth offshore Wales
French tidal energy company Sabella and its Scottish counterpart Nova Innovation have secured a 12MW berth at one of the world’s largest tidal energy sites off the coast of Anglesey in Wales.

Subsea 7 to deliver installation services at Shenandoah field
Subsea 7 has secured what it says is a “substantial” contract to provide subsea installation services for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico. The project covers the tie-back of four subsea wells to the Shenandoah host facility through a subsea manifold with dual fl

NYK welcomes 2nd methanol-fueled tanker hired by Waterfront
Singapore-based NYK Bulkship (Asia), part of Japanese shipping company NYK Group, has taken delivery of Seymour Sun, a methanol-fueled chemical tanker.

Contract awarded for Norway’s 1st full-scale hydrogen-powered ferries
Norway’s ferry company Torghatten Nord has signed a contract with the Norwegian Public Roads Administration to operate hydrogen-powered ferries between Bodø and Lofoten from 2025.

Maersk Drilling connecting rigs to green shore-to-ship power while docked at Esbjerg
Danish Maersk Drilling and Port Esbjerg have been working together to enable the supply of green power for offshore rigs to cut emissions.

NSMP appoints PX as operator of Risavika LNG plant
North Sea Midstream Partners (NSMP) has appointed UK-based PX Group as operator of the Risavika LNG plant in Southern Norway.

Fincantieri orders Proton Motor’s 142kW fuel cell system for zero-emission performance
Italian shipbuilder Fincantieri has ordered the eco-friendly hydrogen-powered propulsion solution from the German producer Proton Motor Fuel Cell to be used as the main power supply for the zero-emission navigation.

Vantage to manage another rig for Aquadrill
Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.

New subsea personnel recruitment company comes to market
Aberdeen-based recruitment services provider Drillmar Resources has launched a new recruitment company specializing in the subsea sector named SUBCMAR. The company will aim to strengthen the offering of energy recruitment experts to existing clients, as well as expand its presence to the internation

DNV to lead ammonia bunkering safety study in Singapore
Classification society DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore.

Safe Bulkers adding 40th vessel to its fleet
Marine drybulk transportation services Safe Bulkers has signed an agreement for the acquisition of a Japanese dry bulk 181,00 dwt Capesize vessel for a price of $33.8 million.

Offshore rig market improvement in 2021 driven by high EPC spend – Westwood
The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.

EMEC starts search for Earthshot Prize nominations
The search for the 2022 winners of the Earthshot Prize has begun, with the European Marine Energy Centre (EMEC) appointed as official nominator for the initiative.

Dutch UXO consultancy sets up US entity
Dutch UXO consultancy NjordIC has opened an office in Houston, Texas, to support the development of the U.S. offshore wind sector. NjordIC USA LLC will offer UXO consultancy services for developers and contractors of offshore wind projects to strengthen the offshore UXO service industry in this regi