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Business Developments & Projects

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Sabella's assembly facility in the Port of Brest (Courtesy of Sabella)
Business Developments & Projects

Sabella makes progress on assembly facility at Port of Brest

French tidal energy company Sabella has ramped up the construction of its assembly facility in the Port of Brest ahead of operations planned for TIGER project.

about 4 years ago
Marine-Hydrogen-Hybrid
Business Developments & Projects

German partners introduce marine-hydrogen-hybrid project

German hydrogen fuel cell producer Proton Motor Fuel Cell and compatriot electric drive system provider Torqeedo are jointly developing hydrogen hybrid propulsion system building kit for maritime mobility.

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about 4 years ago
Prysmian-to-work-on-first-Middle-East-subsea-transmission-system
Business Developments & Projects

Prysmian to work on first Middle East subsea transmission system

Prysmian has entered into a Limited Notice to Proceed (LNTP) for the supply of power cables for what is said to be the first-of-its-kind high-voltage, direct current (HVDC-VSC) subsea power transmission system in the Middle East. Prysmian received the €220 million LNTP from Samsung C&T as part of it

about 4 years ago
South Korean
Business Developments & Projects

South Korean regulator to end review of HHIC-DSME merger

South Korean competition regulator has decided to end the review process of Hyundai Heavy Industries Holdings’ (HHIC) acquisition of Daewoo Shipbuilding & Marine Engineering (DSME).

about 4 years ago
French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet
Business Developments & Projects

French player and Identec get ‘remarkable results’ for pilot project involving Shell’s fleet

Opsealog and Identec have teamed up to optimise vessel operations and carried out a successful pilot project with Shell’s fleet in Nigeria.

about 4 years ago
Shell and Thyssenkrupp join in on Port of Rotterdam hydrogen facility
Business Developments & Projects

Shell and Thyssenkrupp join in on Port of Rotterdam hydrogen facility

Shell and Thyssenkrupp have signed a supply contract for the large-scale green hydrogen production project ‘Hydrogen Holland I’ in the port of Rotterdam.

about 4 years ago
Rex’s top-priority: increasing hydrocarbon production and reserves
Business Developments & Projects

Rex’s top-priority: increasing hydrocarbon production and reserves

Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

about 4 years ago
Teekay LNG rebrands into Seapeak, merges with Stonepeak
Business Developments & Projects

Teekay LNG rebrands into Seapeak, merges with Stonepeak

Bermuda-based shipping company Teekay LNG Partners has completed merging with NYC-based investment firm Stonepeak, thus rebranding as Seapeak.

about 4 years ago
Marubeni
Business Developments & Projects

Marubeni, ENEOS to launch new eco-friendly ethylene carrier

Japanese conglomerate Marubeni Corporation has teamed up with its compatriot energy company ENEOS for the introduction of an eco-friendly ethylene carrier.

about 4 years ago
TechnipFMC scores Asgard subsea iEPCI
Business Developments & Projects

TechnipFMC scores Asgard subsea iEPCI

TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver subsea equipment for Equinor’s Smørbukk Nord development. The scope covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tie

about 4 years ago
APM Terminals
Business Developments & Projects

Maersk’s APM Terminals accelerates net-zero pledge by a decade

The Netherlands-based terminal operator APM Terminals has decided to bring forward its net-zero greenhouse gas (GHG) emission target to 2040, a decade ahead of its initial 2050 ambition.

about 4 years ago
EnerMech Asia Pacific
Business Developments & Projects

New Asia Pacific director to propel EnerMech’s diversification strategy and bolster growth

EnerMech has appointed a new director for the Asia Pacific region and created a new role within the company in the hopes of fostering growth.

about 4 years ago
Ex-Equinor VP Project Management and Control joins Vår Energi
Business Developments & Projects

Ex-Equinor exec joins Vår Energi

Vår Energi has appointed Equinor’s former VP of Project Management and Control to its executive management team to pursue growth plans.

about 4 years ago
EU
Business Developments & Projects

EU blocks HHI-DSME merger in long-awaited decision

The European Commission has adopted a decision to prohibit a merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME).

about 4 years ago