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Business Developments & Projects

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Business Developments & Projects

MSC Cruises, Fincantieri join forces to build new cruise terminal at PortMiami

Switzerland-based cruise line MSC Cruises and Italian shipbuilder Fincantieri have signed a contract for the construction of a new mega cruise terminal at PortMiami, the cruise industry’s hub in North America and the Caribbean.

about 5 years ago

Photo showing Oneka Technologies' wave-powered desalination buoy (Courtesy of Oneka Technologies)

Business Developments & Projects

Oneka scores multi-million investment in wave-powered desalination system

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Canadian company Oneka Technologies has closed a Ca$5.5 million ($4.4 million) financing round, bringing in Innovacorp, Baruch Future Ventures and MANN+HUMMEL as its latest partners.

about 5 years ago

Valaris MS-1 rig will drill the Sasanof prospect for Western Gas

Business Developments & Projects

Western Gas gearing up to drill Australian gas prospect with Valaris rig

Western Gas has filed its environment plan for the drilling of the Sasanof exploration well and secured a Valaris-owned semi-sub rig.

about 5 years ago

Business Developments & Projects

Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027

The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture and storage system linking the industrial heartland to the Acorn CO2 transport and storage hub in by

about 5 years ago

Business Developments & Projects

TAQA, Abu Dhabi Ports eye 2 GW green hydrogen to ammonia project

State-backed energy holding company Abu Dhabi National Energy Company PJSC (TAQA) and port operator Abu Dhabi Ports revealed plans to develop an industrial scale green hydrogen to ammonia export project in Abu Dhabi.

about 5 years ago

Business Developments & Projects

Renewables-powered Saildrone USV completes maiden voyage

Saildrone’s new uncrewed surface vehicle (USV) Saildrone Surveyor has arrived in Hawaii after completing its maiden voyage from San Francisco to Honolulu. During the 28-day voyage, the Saildrone Surveyor sailed 2,250 nautical miles and mapped 6,400 square nautical miles of seafloor. Saildrone stated

about 5 years ago

Business Developments & Projects

PetroRio closes Wahoo field stake buy from TotalEnergies

Brazilian oil and gas company PetroRio has completed the acquisition of interest in the BM-C-30 block containing the Wahoo field offshore Brazil from French oil major TotalEnergies.

about 5 years ago

Business Developments & Projects

New Fortress Energy to construct Sri Lanka’s LNG terminal

New York-based gas-to-power developer New Fortress Energy has signed a framework agreement with Sri Lanka’s government to construct a new offshore LNG receiving, storage and regasification terminal.

about 5 years ago

Business Developments & Projects

Hyundai orders MAN’s ME-GA dual-fuel engines for 6 LNG carriers

South Korean Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) has placed an order for two MAN Energy Solutions’s ME-GA dual-fuel engines to be installed on each of the six 174 000 cbm LNG carriers.

about 5 years ago

An image illustrating H-Wind green hydrogen production concept

Business Developments & Projects

Offshore wind-to-hydrogen project launched in Ireland

A new project aiming to advance development of green hydrogen production powered by offshore wind has been launched in Ireland. The H-Wind project, led by UCC MaREI Research Centre, is being co-funded by Science Foundation Ireland and four industry partners: Gas Networks Ireland, DP Energy, ESB, and

about 5 years ago

Business Developments & Projects

Creating climate resilient and safer islands in the Maldives

The Green Climate Fund (GCF) has officially approved a project proposed by the Japan International Cooperation Agency (JICA): Building Climate Resilient Safer Islands in the Maldives. This project aims at establishing a climate resilient mechanism for coastal conservation and protection against futu

about 5 years ago

Business Developments & Projects

Maersk rig gets more Martin Linge work

Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid.

about 5 years ago

Business Developments & Projects

Covid-19 outbreak hits Shell’s North Sea hub

An outbreak of Covid-19 on a Shell-operated field off the UK has forced the oil major to remove dozens of workers from the North Sea hub.

about 5 years ago

An image mapping RWE's offshore wind farm project site in Ireland

Business Developments & Projects

RWE to apply for development consent for 900 MW OWF under Ireland’s new law

Following Ireland’s launch of the National Marine Planning Framework (NMPF) on 1 July, RWE Renewables announced its intention to apply for development consent to build a 900 MW offshore wind farm under the new Maritime Area Planning (MAP) legislation once the new consenting framework is established.

about 5 years ago