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Business Developments & Projects

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Wärtsilä's
Business Developments & Projects

Wärtsilä’s €200M revenue ANCS unit to be sold to Solix Group

Finnish technology heavyweight Wärtsilä is set to divest its Automation, Navigation and Control System (ANCS) business to the Swedish investment company Solix Group AB. Pending formal approvals, the transaction is expected to be completed in the second quarter of 2025. ANCS—which was acquired by Wär

about 1 year ago
Ex-PSV to join Geoquip's fleet after makeover
Business Developments & Projects

Ex-PSV to join Geoquip’s fleet after makeover

Geoquip Marine, a provider of offshore geotechnical solutions, has added a new vessel to its fleet, currently undergoing conversion from a platform supply vessel (PSV) into a geotechnical services platform. As part of the conversion in Norway, Geoquip Silvretta, originally built as a PSV by Green Ya

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about 1 year ago
cranes
Business Developments & Projects

Port of Hamburg gets its ‘first’ remote-controlled container gantry cranes

Container Terminal Altenwerder (CTA) has received three new highly automated container gantry cranes, the first of their kind at Germany’s Port of Hamburg.

about 1 year ago
OEEC: CCS will employ as many people as oil & gas at its peak
Business Developments & Projects

OEEC: CCS will employ as many people as oil & gas at its peak

Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply

11 minutes read
LONGi Hydrogen’s electrolyzers picked for mystery project in Norway
Business Developments & Projects

LONGi Hydrogen’s electrolyzers picked for mystery project in Norway

LONGi Hydrogen has been awarded a contract to supply multiple sets of 1,000 Nm3/h Hi1 electrolyzers for an undisclosed project in Norway.

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business Developments & Projects

Fresh oil & gas discovery comes to light in North Sea’s ‘exploration hotspot’

Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.

about 1 year ago
Fugro on ground investigation duty for Equinor's European CO2 highway
Business Developments & Projects

Fugro on ground investigation duty for Equinor’s European CO2 highway

Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Business Developments & Projects

New shallow gas discovery prompts suspension of drilling ops

Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.

about 1 year ago
UK's growing underwater industry hits £9.2B, gov't urged to react to reach potential
Business Developments & Projects

UK’s growing underwater industry hits £9.2B, gov’t urged to react to reach potential

The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost

about 1 year ago
Inyanga Marine Energy Group has unveiled the design of its 20 MW HydroWing tidal energy project, set to be deployed at the Morlais tidal energy site in Wales.
Business Developments & Projects

UK company unveils design of its 20 MW tidal energy project in Wales

UK-based tidal energy developer Inyanga Marine Energy Group has unveiled the design of its 20 MW HydroWing tidal energy project, set to be deployed at the Morlais tidal energy site in Wales. According to Inyanga, the project will mark the first deployment of Tocardo’s T3 turbines, with each of the

about 1 year ago
Mabanaft and Hapag-Lloyd strike B30 biofuel supply deal
Business Developments & Projects

Mabanaft and Hapag-Lloyd strike B30 biofuel supply deal

Germany’s energy company Mabanaft has concluded an agreement with compatriot shipping major Hapag-Lloyd for the supply of B30 biofuel in Hamburg.

about 1 year ago
Hydrogen Council elects new board members
Business Developments & Projects

Hydrogen Council elects new board members

The Hydrogen Council, a global coalition of CEOs with a united vision and long-term ambition for hydrogen, has appointed Masdar, Siemens Energy, and Yara Clean Ammonia as its newest Board members.

about 1 year ago
Philippines and Mærsk Mc-Kinney Møller Center unite to develop green shipping corridors
Business Developments & Projects

Philippines and Mærsk Mc-Kinney Møller Center unite to develop green shipping corridors

The government of the Philippines has partnered up with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) to develop green shipping corridors in the country.

about 1 year ago
Second hybrid Lake Vanern Max vessel handed over to Erik Thun
Business Developments & Projects

Second hybrid Lake Vanern Max vessel handed over to Erik Thun

MV Spiken, the second plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series, has been delivered to Swedish shipping company Erik Thun.

about 1 year ago