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Business Developments & Projects

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An offshore drilling rig
Business Developments & Projects

Odfjell-managed rig swings into action for wildcat offshore Namibia

Rhino Resources and its partners have started spudding an exploration well in a license in Namibia’s Orange Basin.

about 1 year ago
Fugro picks up survey contracts for UAE field developments
Business Developments & Projects

Fugro picks up survey contracts for UAE field developments

The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv

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about 1 year ago
India commissions 1 MW green hydrogen plant at Kandla Port
Business Developments & Projects

India commissions 1 MW green hydrogen plant at Kandla Port

India has commissioned a 1 MW green hydrogen power plant at Kandla Port, marking a step forward in the country’s push toward cleaner maritime infrastructure.

about 1 year ago
BP's Cassia platform offshore Trinidad and Tobago (for illustration purposes); Source: BP
Business Developments & Projects

BP renews EnerMech’s contract for work across Caribbean platforms

Aberdeen-headquartered integrated solutions specialist EnerMech has won a contract extension for work carried out on offshore platforms operated by the Trinidadian affiliate of the UK’s energy giant BP.

about 1 year ago
Courtesy of Aquaterra Energy
Business Developments & Projects

UK firm to continue subsea well support offshore Egypt

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns. Under the initial contract awarded in 2023, the UK-ba

about 1 year ago
Harmony platform; Source: BSEE
Business Developments & Projects

Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight

With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of oil output from two more platforms. As environmental groups are opposed to the restart of the platform

about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Business Developments & Projects

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
An FSO keel laying ceremony
Business Developments & Projects

After laying keel for one Vietnam-bound FSO, Singaporean firm wins work on another

The keel-laying ceremony for a floating storage and offloading (FSO) unit destined for a field offshore Vietnam has been held at Nantong Strongwind Shipyard in Tongzhou Bay, China.

about 1 year ago
BSM launches its first methanol bunkering simulator
Business Developments & Projects

BSM launches its first methanol bunkering simulator

Maritime services company Bernhard Schulte Shipmanagement (BSM), in partnership with technology group Wärtsilä, has launched its first methanol bunkering simulator at Maritime Training Centre in Kochi, India.

about 1 year ago
Menter Môn Morlais
Business Developments & Projects

Morlais tidal energy project scales up as Cydnerth construction begins

Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South

about 1 year ago
Axpo
Business Developments & Projects

South Korea commits $150B to help revive US shipbuilding

South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction

about 1 year ago
CMA CGM
Business Developments & Projects

Finnish cleantech company Hycamite receives financial backing from CMA CGM

Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.

about 1 year ago
ZTT Submarine Cable & System China
Business Developments & Projects

New 500 kV submarine cable contract to keep ZTT busy offshore China

ZTT Submarine Cable & System (ZTTSC) has secured a 500 kV submarine cable contract for Shenzhen Energy’s 500 MW Honghai Bay VI offshore wind project in China. The engineering, procurement, construction, and installation (EPCI) contract encompasses 94 kilometers of 500 kV 3-core HVAC submarine cables

about 1 year ago
An LNG tanker at sea
Business Developments & Projects

Long-term LNG deal with Canadian player diversifying Uniper’s portfolio

Tourmaline Oil, Canada’s largest natural gas producer, has signed a multi-year liquefied natural gas (LNG) supply agreement with German energy major Uniper.

about 1 year ago