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Business Developments & Projects

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Maersk Tankers
Business Developments & Projects

Maersk Tankers setting up decarbonisation hub

Danish tanker shipping firm Maersk Tankers has revealed its plans to establish a knowledge hub focusing on the decarbonisation of the shipping sector.

about 4 years ago
BP to support Oman in green hydrogen development
Business Developments & Projects

BP to support Oman in green hydrogen development

British oil and gas major BP has partnered up with Oman to support renewable energy and green hydrogen development in the country by 2030.

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about 4 years ago
Inpex
Business Developments & Projects

Inpex gearing up for exploration drilling offshore Japan

Inpex plans to carry out exploration drilling offshore Shimane and Yamaguchi prefectures in Japan to locate oil and gas resources.

about 4 years ago
Unifeeder
Business Developments & Projects

Unifeeder opts for carbon-neutral towage services

Denmark-based shortsea operator Unifeeder has started using carbon-neutral towage services to boost its decarbonization goals.

about 4 years ago
Petrobras breaks its LNG imports levels in 2021
Business Developments & Projects

Petrobras breaks its LNG imports levels in 2021

Brazilian state-owned oil company Petrobras has reached a new record of LNG imports in 2021 with a volume around three times higher than the previous year.

about 4 years ago
TechnipFMC-Targets-Floating-Wind-with-New-Joint-Venture
Business Developments & Projects

Scotland awards 25 GW in ScotWind auction, more than half for floating wind farms

Crown Estate Scotland has selected 17 offshore wind projects in its ScotWind seabed leasing round, which aimed to procure at least 10 GW of offshore wind but resulted in the chosen proposals having a total capacity of 24,826 MW. Ten projects are using floating wind technology, six are fixed-bottom,

about 4 years ago
Concordia Maritime
Business Developments & Projects

Concordia Maritime sells P-MAX vessel to improve long-term prospects

Swedish tanker shipping company Concordia Maritime has entered into an agreement for the sale of the 65,000 dwt P-MAX vessel Stena Perros to accelerate the amortization of bank debt.

about 4 years ago
Strategic Marine hands over 10th vessel to Malaysian operator
Business Developments & Projects

Strategic Marine hands over 10th vessel to Malaysian operator

Strategic Marine has completed its first vessel delivery in 2022 by handing over a new fast crew boat (FCB) to Malaysia’s Centus Marine.

about 4 years ago
Dive Technologies getting a share of $3.4 million US govt funding
Business Developments & Projects

Subsea technology gets part of $3.4 million US govt offshore wind funding

The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected Dive Technologies to receive a share of $3.4 million funding for its autonomous underwater vehicle (AUV) technology. The Massachusetts-headquartered company said it will use the support to bring its next-genera

about 4 years ago
Deepsea Stavanger - Lundin
Business Developments & Projects

Lundin bites the dust in Norwegian Sea

Lundin Energy is in the process of concluding the drilling of a wildcat well east of the Ormen Lange field in the Norwegian Sea.

about 4 years ago
U.S. offshore rig count on the upswing
Business Developments & Projects

U.S. offshore rig count on the upswing

According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its upward progress.

about 4 years ago
NMDC wins $21.5M dredging job in Egypt
Business Developments & Projects

NMDC wins $21.5M dredging job in Egypt

National Marine Dredging Company (NMDC) has won a 79 million dirhams ($21.5 million) contract for a very important dredging project in Egypt. The job includes dredging the entrance to the navigation channel and the trench of the quay wall in the Red Sea Port in Safaga, NMDC said in a disclosure to

about 4 years ago
Norwegian authorities greenlight Maersk Drilling – Noble merger
Business Developments & Projects

Two rival players get green light for merger plans

The Norwegian Competition Authority raises no objections to the business combination proposed by Maersk Drilling and Noble Corporation.

about 4 years ago
Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Business Developments & Projects

In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l

13 minutes read