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Business Developments & Projects

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International e-NG alliance expands with nine new members
Business Developments & Projects

International e-NG alliance expands with nine new members

The e-NG Coalition, an international alliance promoting e-NG in energy transition, has been joined by nine new members.

about 1 year ago
DP World
Business Developments & Projects

DP World and Gemini Cooperation to bolster cargo operations in Canada

Dubai-based terminal operator DP World has shaken hands with the Gemini Cooperation to “enhance” cargo operations across Canada. As disclosed, commencing from February 2025, the DP World is set to introduce several new container services at its terminals at the Port of Prince Rupert, the Port of Van

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about 1 year ago
Captain Arctic
Business Developments & Projects

Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept

The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines.

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

Phased FPSO restart underway as COSL prepares to drill next well in North Sea

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).

about 1 year ago
50Hertz finds contractors for boulder removal campaign
Business Developments & Projects

Axess wins cable installation contract for 50Hertz German grid connection project

Axess Technologies has been awarded a cable installation contract by Greece-headquartered Hellenic Cables for the Ostwind 3 grid connection project, located in the German Baltic Sea. The scope of work comprises planning and pulling internal platform cables into the offshore high-voltage (HV) substat

about 1 year ago
CMA CGM adds another 2,000 TEU LNG-powered vessel to its fleet
Business Developments & Projects

CMA CGM adds another 2,000 TEU LNG-powered vessel to its fleet

French shipping giant CMA CGM has taken delivery of the final vessel in a series of ten LNG-powered 2000-TEU ships, built by the Hyundai Mipo shipyard in Ulsan, South Korea.

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Business Developments & Projects

SBM Offshore takes slice of Ocean-Power ownership pie

On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power.

about 1 year ago
Danish companies set up autonomous subsea survey system partnership
Business Developments & Projects

Danish companies unite to provide integrated autonomous subsea survey system

Danish maritime technology companies EIVA and Tuco Marine have set up a new partnership to provide integrated autonomous systems for inspecting subsea assets. The idea includes Tuco Marine’s ProZero 8m Naval Intelligence uncrewed surface vessel (USV) sailing to an area of interest and launching EIVA

about 1 year ago
COSL Pioneer rig; Source: COSL Drilling Europe
Business Developments & Projects

COSL rig to spin the drill bit at North Sea wildcat this month

Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.

about 1 year ago
Fast4Ward design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici

12 minutes read
JLR signs up for UECC’s initiative to reduce emissions through bioLNG use
Business Developments & Projects

JLR signs up for UECC’s initiative to reduce emissions through bioLNG use

United European Car Carriers (UECC) has added luxury vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport, enabling the former to achieve sustainability goals in its global logistics chain.

about 1 year ago
An offshore platform with two vessels approaching
Business Developments & Projects

Interim CEO takes the helm at Trillion as previous one retires

Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director.

about 1 year ago
Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal
Business Developments & Projects

Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal

Provaris Energy, Uniper Global Commodities and Norwegian Hydrogen have signed a conditional term sheet for the supply, transport and offtake of hydrogen from Nordics to North-Western Europe.

about 1 year ago
Troll A platform; Source: Jan Arne Wold/Elisabeth Sahl - Equinor
Business Developments & Projects

Giant North Sea field sets ‘historic’ gas production record

Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.

about 1 year ago