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Business Developments & Projects

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Two new subsea contracts lift DOF's Asia-Pacific backlog to over $30 million
Business Developments & Projects

Two new subsea contracts lift DOF’s Asia-Pacific backlog to over $30 million

Norwegian vessel owner DOF Group has received more work in the Asia-Pacific (APAC) region set to be performed this year, adding to a number of recently announced awards. The diving support vessel (DSV) Skandi Singapore will execute the first subsea service contract with related saturation diving ser

about 1 year ago
NCLH firms up order for ‘largest-ever’ cruise ships at Fincantieri
Business Developments & Projects

NCLH firms up order for ‘largest-ever’ cruise ships at Fincantieri

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Cruise company Norwegian Cruise Line Holdings (NCLH) has confirmed an order for four new cruise ships with sustainability features to be constructed by Italian shipbuilder Fincantieri.

about 1 year ago
Alfa Laval
Business Developments & Projects

Alfa Laval acquires NRG Marine to tap potential of ultrasonic anti-fouling tech

Swedish marine technology company Alfa Laval has signed an agreement to acquire NRG Marine, the UK-based provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications.

about 1 year ago
CAPITAL expands fleet with two LNG-ready tankers
Business Developments & Projects

CAPITAL expands fleet with two LNG-ready tankers

Greece’s Capital Ship Management Corp (CAPITAL) has expanded its fleet with two new LNG-ready eco-type crude oil/product carriers.

about 1 year ago
LoqTech
Business Developments & Projects

WinGD’s on-engine NOx abatement solution set for market debut

The on-engine NOx reduction solution for marine two-stroke engines, designed by Swiss marine power company WinGD, has received type approval and is set for first-time deployment on commercial engines.

about 1 year ago
Shell's FPSO Penguins; Source: Sevan
Business Developments & Projects

Shell’s new North Sea FPSO brings UK’s oil & gas field back online

Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.

about 1 year ago
Projects exploring ammonia bunkering in Norway receive Enova funding boost
Business Developments & Projects

Projects exploring ammonia bunkering in Norway receive Enova funding boost

Norwegian government enterprise Enova has picked 15 projects investigating investments in ammonia bunkering facilities along the Norwegian coast to receive pre-project support.

about 1 year ago
Morlais demonstration zone (Courtesy of Welsh government)
Business Developments & Projects

Wales backs Morlais tidal energy project with almost $10M

The Welsh Government has invested £8 million (around $9,9 million) as an equity stake in the Morlais tidal energy project, set to be the largest tidal scheme in Europe, to support its expansion and strengthen grid connections. Menter Môn, the social enterprise behind Morlais, is developing the site

about 1 year ago
Dutch institute for sea research orders advanced ROV from Norway
Business Developments & Projects

Royal Netherlands Institute for Sea Research orders advanced ROV from Norway

Norway’s technology firm Kystdesign has signed a contract with the Royal Netherlands Institute for Sea Research (NIOZ) for the construction of an advanced remotely operated vehicle (ROV) that will serve the Dutch marine research community. According to Kystdesign, the Supporter 6000 ROV is designed

about 1 year ago
ITM Power to work on 10 MW hydrogen production plant design configuration
Business Developments & Projects

ITM Power to work on 10 MW hydrogen production plant design configuration

UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant.

about 1 year ago
Ascenz Marorka partners with Greek firm to deliver maritime decarbonization solutions
Business Developments & Projects

Ascenz Marorka partners with Greek firm to deliver maritime decarbonization solutions

Ascenz Marorka, a smart shipping arm of France’s GTT Group, has formed a commercial partnership with Greek company Piraeus Marine Services to strengthen its position in providing one-stop maritime decarbonization solutions for shipyards and shipping companies in Greece.

about 1 year ago
Singapore-based Canopy Power and Norway’s Ocean Sun have formed a strategic partnership to deploy floating solar technology in Australia.
Business Developments & Projects

Canopy Power and Ocean Sun team up to launch floating solar in Australia

Singapore-based Canopy Power and Norway’s Ocean Sun have formed a strategic partnership to deploy floating solar technology in Australia, aiming to accelerate renewable energy solutions while addressing land and water scarcity challenges. The collaboration introduces Ocean Sun’s patented circular me

about 1 year ago
Vår Energi's precommitment to subsea systems to cut tie-back development time by up to one year
Business Developments & Projects

Vår Energi’s precommitment to subsea systems to cut tie-back development time by up to one year

Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S

about 1 year ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Business Developments & Projects

Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat

Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight.

14 minutes read