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Business Developments & Projects

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'Largest subsea rock installation vessel in industry' to join Boskalis' fleet in 2026
Business Developments & Projects

‘Largest subsea rock installation vessel in industry’ to join Boskalis’ fleet in 2026

Dutch offshore services provider Boskalis is set to welcome a new subsea rock installation (SRI) vessel to its fleet in 2026, described by the company as the largest such vessel in the industry. The vessel, named Windpiper, is being developed by converting an existing new vessel under the supervisio

about 1 year ago
H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka
Business Developments & Projects
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H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka

H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka.

about 1 year ago
An offshore platform
Business Developments & Projects

Work forging ahead to increase output at Canadian player’s Black Sea gas field

Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye.

about 1 year ago
Temis MSU DP3 flotel; Source: Nortrans Offshore
Business Developments & Projects

Saipem picks 2015-built flotel for work on giant ‘most prominent’ gas project

Nortrans has found a job for a 2015-built maintenance and support unit, which is part of its managed fleet.

about 1 year ago
Alternative fuel solutions in 2024: Ten milestones to remember
Business Developments & Projects

Alternative fuel solutions in 2024: Ten milestones to remember

Offshore Energy brings you an overview of ten milestones that painted the maritime industry landscape in 2024.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Wärtsilä bags five-LNG carrier maintenance gig with Greek firm

Wärtsilä Gas Solutions, part of Finalnd’s technology firm Wärtsilä, has signed an agreement with Greek fleet owner GasLog for the service and maintenance of the latter’s liquefied natural gas (LNG) carriers.

about 1 year ago
Vantage Drilling’s Tungsten Explorer drillship; Credit: Greg Williams
Business Developments & Projects

TotalEnergies and Vantage Drilling launch rig joint venture

Vantage Drilling has established a new joint venture (JV), named TEVA Ship Charter (TEVA), with France’s energy giant TotalEnergies, which will acquire a drillship currently working off the coast of Congo.

about 1 year ago
Illustration; Source: Brava Energia
Business Developments & Projects

Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

14 minutes read
Zinus welcomes $4 million investment to boost shore power solutions
Business Developments & Projects

Zinus welcomes $4 million investment to boost shore power solutions

Singapore’s Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have become shareholders in shore power solutions provider Zinus through joint investment.

about 1 year ago
Offshore Energy’s top five hydrogen stories of 2024
Business Developments & Projects

Offshore Energy’s top five hydrogen stories of 2024

Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

about 1 year ago
An offshore platform
Business Developments & Projects

WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture

about 1 year ago
Noble Interceptor jack-up rig; Source: Noble Corporation
Business Developments & Projects

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m

16 minutes read
UKSC development and decommission capex, from Wood Mackenzie
Business Developments & Projects

North Sea decommissioning grapples with delays despite government incentives

The North Sea decommissioning sector continues to face delays, as technical, regulatory, and financial hurdles prevent the rapid shutdown of offshore assets on the UK Continental Shelf (UKCS), according to a new analysis from Wood Mackenzie, an energy intelligence group. While the UK Government’s En

about 1 year ago
Malux enters the subsea market by acquiring the Bergen-based subsea company, Transmark Subsea
Business Developments & Projects

Swedish company expands with acquisition of Transmark Subsea Bergen

Malux, a Sweden-based specialist in solutions for niche industries, has acquired Norwegian subsea solutions provider Transmark Subsea’s Bergen-based operations to expand its portfolio in the subsea market. According to Transmark Subsea, this move enhances the company’s ability to deliver subsea solu

about 1 year ago