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Business Developments & Projects

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Tekmar
Business Developments & Projects

Tekmar bags £5 million cable protection contract for UK offshore wind project

Tekmar Group has been awarded a contract for the delivery of its cable protection system (CPS) and associated ancillaries for a UK-based offshore wind project. The contract is valued in the region of £5 million (approximately €6 million). The UK-based company will be responsible for the design and s

about 1 year ago
A vessel viewed from the dock
Business Developments & Projects

First two of 11 Sea1 vessels join Aurora’s fleet

Norway-based provider of vessel management services Aurora Offshore, part of the Borealis Group, has welcomed two anchor handling tug supply (AHTS) vessels from compatriot operator Sea1 Offshore, formerly known as Siem Offshore.

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about 1 year ago
Ren-Gas to use MAN ES’ technology for its e-methane plant in Finland
Business Developments & Projects

Ren-Gas to use MAN ES’ technology for its e-methane plant in Finland

Nordic Ren-Gas has selected German engine manufacturer MAN Energy Solutions (MAN ES) as a technology provider for its e-methane project in Tampere, Finland.

about 1 year ago
Ulstein Design & Solutions wins its largest aftermarket design contract for cable-layer
Business Developments & Projects

Ulstein Design & Solutions wins its largest aftermarket design contract for cable layer

Ulstein Design & Solutions has secured what it says is its largest-ever aftermarket design contract for a cable-laying vessel (CLV), owned by the Taiwanese Dong Fang Offshore (DFO). The contract for the Orient Adventurer, previously known as Polar Onyx, includes both basic design and engineering pro

about 1 year ago
Illustration; Source: Bureau Veritas
Business Developments & Projects

Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave

Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the jo

23 minutes read
Solstad scores trifecta for a busy 2025
Business Developments & Projects

Solstad scores trifecta for a busy 2025

Norwegian shipping company Solstad Offshore has secured contracts for two of its construction support vessels (CSVs) and one anchor handling tug supply (AHTS) vessel, all with undisclosed clients. The CSV Normand Jarstein will kick off a 135-day contract in March, under which it will deliver subsea

about 1 year ago
Valaris DS-9 drillship; Source: ExxonMobil
Business Developments & Projects

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
Norwegian company pressing on with development of e-methane facility in Finland
Business Developments & Projects

Norwegian company pressing on with development of e-methane facility in Finland

Norwegian energy company Freija is progressing with the development of a large-scale e-methane production facility in Nokia, Tampere region, Finland.

about 1 year ago
Arkticheskaya jack-up floating drilling rig; Source: Gazprom
Business Developments & Projects

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk

about 1 year ago
Port of Aarhus
Business Developments & Projects

Shore power for containerships at Port of Aarhus soon reality

Containerships calling at the container terminal at the Port of Aarhus will soon be able to turn off their diesel generators and receive shore power.

about 1 year ago
After maiden job in the Netherlands, China’s first subsea cable shuttle barge going to UK
Business Developments & Projects

After maiden job in the Netherlands, China’s first subsea cable shuttle barge going to UK

China’s first dedicated long-range heavy subsea cable transport barge has completed its inaugural mission at an offshore wind project and will undergo maintenance before embarking on a new mission. Chinese power cable specialist Orient Cable launched the barge named Dongfang Haigong 07 (DFHG 07) in

about 1 year ago
Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage
Business Developments & Projects

Mabanaft to rebuild tank terminal in Hamburg to facilitate methanol import and storage

Germany’s energy company Mabanaft plans to rebuild its tank terminal in the Port of Hamburg to enable the storage of methanol and facilitate its import to Northern Germany.

about 1 year ago
Belfast Harbour to invest around $387 million in port projects over next five years
Business Developments & Projects

Belfast Harbour to invest around $387 million in port projects over next five years

Belfast Harbour, Northern Ireland’s principal maritime gateway and logistics hub, has unveiled a new strategy setting out a program to invest £313 million (approximately $387 million) in capital projects across the port and Harbour Estate over the next five years.

about 1 year ago
MPCC
Business Developments & Projects

MPCC welcomes first NCL-chartered methanol dual-fuel containership

Norwegian container tonnage provider MPC Container Ships (MPCC) has taken delivery of the first of two methanol dual-fuel 1,279 TEU containerships.

about 1 year ago