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Business Developments & Projects

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Höegh Autoliners
Business Developments & Projects

Höegh Autoliners secures work for its car carriers

Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car producers’ for the transport of cars in the company’s key trade lanes.

about 1 year ago
COSL Prospector rig; Source: COSL
Business Developments & Projects

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

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about 1 year ago
DOF terminates vessel contract in Mexico due to payment default
Business Developments & Projects

DOF terminates vessel contract in Mexico due to payment default

Norwegian vessel owner DOF Group has terminated the contract for its subsea vessel Skandi Implementer in Mexico following the client’s payment default. In the announcement, DOF further revealed its plans to have the vessel fitted with two of its remotely operated vehicles (ROVs) and pursue opportuni

about 1 year ago
Project ONE
Business Developments & Projects

Project ONE: Giant plant modules arrive in Antwerp on board COSCO ship

On January 15, 2025, COSCO Shipping’s heavy lift vessel Zhi Yuan Kou arrived at the Project ONE site in Antwerp with a cargo of first furnaces, representing an important step for the Port of Antwerp-Bruges and the European chemical sector.

about 1 year ago
Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment
Business Developments & Projects

Trafigura wraps up ‘first-ever’ co-loaded ammonia and LPG shipment

Trafigura, in collaboration with CF Industries, has completed the ‘first-ever’ co-loaded ammonia and propane shipment operation from the U.S. to Europe.

about 1 year ago
SmartCap’s €5 million investment to support Elcogen’s growth
Business Developments & Projects

SmartCap’s €5 million investment to support Elcogen’s growth

Estonian clean energy technology manufacturer Elcogen has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian greentech companies.

about 1 year ago
An offshore platform
Business Developments & Projects

Trillion completes Black Sea tubing ops, well stimulation coming up next

Canada’s oil and gas player Trillion Energy is preparing to boost gas production at its field offshore Türkiye using nitrogen after completing velocity string (VS) operations.

about 1 year ago
New partnership to provide hydrogen storage and production solutions
Business Developments & Projects

New partnership to provide hydrogen storage and production solutions

EQUANS, an energy services provider, and INOCEL, a company that designs, manufactures and markets hydrogen fuel cells, have signed a partnership agreement to develop an energy storage and production solution using carbon-free hydrogen.

about 1 year ago
Reach Subsea, Kongsberg Maritime and Trosvik AS, completing the final handover.
Business Developments & Projects

Reach Subsea takes delivery of first Reach Remote USV

Norway’s Reach Subsea has taken delivery of its first uncrewed surface vessel (USV), Reach Remote 1, marking the completion of technical installations, testing, and documentation. According to Reach Subsea, the company completed the final handover today, on January 16, 2025, together with Kongsberg

about 1 year ago
MacArtney to upgrade ROV operations on three Allseas vessels
Business Developments & Projects

MacArtney to upgrade ROV operations on three Allseas vessels

Allseas has selected MacArtney to enhance and future-proof its remotely operated vehicle (ROV) operations with the replacement of three existing hydraulic launch and recovery systems with the all-electric eLARS. The scope covers three over-the-side 150 kN all-electric A-frames, including docking hea

about 1 year ago
Long-term use of biofuels as marine fuel depends on affordable supply, DNV says
Business Developments & Projects

Long-term use of biofuels as marine fuel depends on affordable supply, DNV says

While biofuels still hold a reputation as a promising solution to the decarbonization of the maritime sector, their long-term use could be hindered by limited supply in the future, DNV pointed out in the latest white paper.

about 1 year ago
UK’s Hydrogen Energy Association appoints new CEO
Business Developments & Projects

UK’s Hydrogen Energy Association appoints new CEO

United Kingdom’s (UK’s) Hydrogen Energy Association (HEA) has appointed Emma Guthrie as its new Chief Executive Officer (CEO), marking a new chapter in its role in the hydrogen energy sector.

about 1 year ago
High demand brings TGS four acquisition projects offshore Norway
Business Developments & Projects

High demand brings TGS four acquisition projects offshore Norway

Norway-based energy data and intelligence company TGS has secured four 4D streamer contract acquisition projects offshore Norway, three in the North Sea and one in the Barents Sea. The North Sea campaign is set to start in early Q2 with back-to-back scheduling and a total duration of approximately 1

about 1 year ago
EPC contract in place for UK’s first large-scale low-carbon hydrogen plant
Business Developments & Projects

EPC contract in place for UK’s first large-scale low-carbon hydrogen plant

EET Hydrogen has selected Istanbul-based company ENKA for engineering, procurement, and construction (EPC) work on its flagship hydrogen production plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire.

about 1 year ago