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Business Developments & Projects

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Green MarineShipbuildingInfrastructureOutlook & StrategyProject & TendersTransitionVesselsFossil EnergyOil & GasRigsBusiness & FinanceExploration & ProductionMarket OutlooksVisionCablingDeepwater InstallationSubseaRegulation & PolicyPorts & LogisticsClean FuelLNGMarine EnergyEnvironmentEquipmentTechnologyOffshore WindSurveys & InterventionsWind FarmsResearch & DevelopmentDecommissioning
hydrogen-powered vessel
Business Developments & Projects

Sweden to get 1st large-scale hydrogen-powered vessel by 2030

Passenger shipping company Rederi AB Gotland and its subsidiaries are developing Sweden’s first large-scale hydrogen-powered vessel for both passengers and freight, with water as the only emission.

about 4 years ago
Stena Forth drillship is drilling the Cyprus well for ExxonMobil
Business Developments & Projects

ExxonMobil kicks off drilling operations offshore Cyprus

Oil major ExxonMobil has started drilling the Glaucus-2 appraisal well located in Block 10 offshore Cyprus.

about 4 years ago
FESCO
Business Developments & Projects

FESCO to boost container shipping ties with Japan

FESCO Transportation Group, the largest intermodal transport operator in Russia, revealed it will further increase container traffic on the route connecting Japan and Russia.

about 4 years ago
Final Needs Case submitted for first Scotland-England subsea link
Business Developments & Projects

Final Needs Case submitted for first Scotland-England subsea link

SSEN Transmission and the National Grid Electricity Transmission (NGET) have submitted a Final Needs Case (FNC) to Ofgem for the first of two subsea electricity transmission HVDC links that will connect Scotland and England. If the Final Needs Case is approved, it will be followed by the Project Ass

about 4 years ago
Minerva Bunkering
Business Developments & Projects

Minerva sets up new service in Red Sea ports

Marine fuel supplier Minerva Bunkering has introduced a new marine fuels supply service in the Red Sea ports of Yanbu and Jeddah in the Kingdom of Saudi Arabia.

about 4 years ago
Venice Energy gets green light for Port Adelaide LNG project
Business Developments & Projects

Venice Energy gets green light for Port Adelaide LNG project

The government of South Australia has granted Australian developer Venice Energy approval to build an LNG import facility in Port Adelaide.

about 4 years ago
Illustration/Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of U.S. DOE)
Business Developments & Projects

Marine energy fit to deliver distinct benefits to power grids, U.S. researchers say

Research from the Pacific Northwest National Laboratory (PNNL) and the National Renewable Energy Laboratory (NREL) has found that marine energy can provide important benefits to power grids, while complementing less predictable renewable energy generation.

about 4 years ago
Stena IceMax drillship drilled the Bambo well for FAR
Business Developments & Projects

FAR finds no moveable oil in Gambian well

FAR is encouraged by oil shows and potential reservoirs encountered in its well off The Gambia despite no live oil columns being present.

about 4 years ago
Fincantieri
Business Developments & Projects

Fincantieri secures €300M sustainability-linked construction loan

Italian shipbuilder Fincantieri has signed the first sustainability-linked construction loan with compatriot banks Intesa Sanpaolo and Cassa Depositi e Prestiti (CDP) for a maximum amount of €300 million (around $340 million).

about 4 years ago
Equinor taps Blue Logic for subsea equipment
Business Developments & Projects

Equinor taps Blue Logic for subsea equipment

Blue Logic has signed a frame agreement with Equinor for the delivery of subsea docking stations, subsea equipment and services to the Norwegian energy giant. According to Blue Logic, Equinor has been an important customer and partner for the company in the process of developing the Universal Subsea

about 4 years ago
Statkraft-and-Aker-Come-Together-for-Offshore-Wind-in-Norway
Business Developments & Projects

Statkraft all set for surveys at Irish offshore wind farm site

The Irish government has granted Statkraft a foreshore licence for site investigation in waters off Ireland where the company plans to build a 530 MW offshore wind farm. The developer submitted an application for the licence in December 2019, requesting approval to undertake site investigations at t

about 4 years ago
Wärtsilä presents Zero Emission Marine R&D project
Business Developments & Projects

Wärtsilä presents Zero Emission Marine R&D project

The technology group Wärtsilä has launched a ‘Zero Emission Marine’ research, development and innovation project, supported by a €20 million grant from the public organisation Business Finland.

about 4 years ago
Maersk Inspirer rig on Yme field
Business Developments & Projects

Repsol lifts 100,000 barrels from Yme field in North Sea

The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021.

about 4 years ago
The Veslefrikk field in the North Sea
Business Developments & Projects

Aker Solutions firms up decommissioning award in Norway

Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors.

about 4 years ago
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