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Tor Boreas. Source: Inyanga Marine Energy Group

Business Developments & Projects

New hybrid utility vessel for offshore ops now managed by Inyanga Marine Energy

UK-based Inyanga Marine Energy Group has assumed operational management of the newly built Tor Boreas, a hybrid utility vessel developed for offshore wind operations. According to Inyanga, the 26.95-meter vessel will be operated in partnership with compatriot company, Tor Group, and is designed for

about 1 year ago

Business Developments & Projects

Bureau Veritas boards EU-backed WAPS project to ‘fast track’ low-emission shipping

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French classification society Bureau Veritas Marine & Offshore (BV) and technical advisory provider Bureau Veritas Solutions Marine & Offshore (BVS) have joined the Wind for Shipping (W4S) research and development initiative, focused on accelerating the transition toward low-emission shipping. Launc

about 1 year ago

Business Developments & Projects

Methanol-ready hybrid Stena Futura en route to Belfast

Ferry operator Stena Line is gearing up to welcome its first methanol-ready NewMax hybrid ship, which has commenced its journey to Belfast.

about 1 year ago

Business Developments & Projects

Repsol backs Stargate Hydrogen’s global electrolyzer scale-up

Stargate Hydrogen has entered into an alliance with Repsol through a transaction in which Repsol’s corporate venture arm acquired a minority stake in Stargate to support its international growth, manufacturing scale-up, and technology development.

about 1 year ago

FPS Shenandoah; Source: Navitas Petroleum

Business Developments & Projects

First oil & gas flows from US Gulf deepwater project

Texas-based exploration and production player Beacon Offshore Energy has begun oil and natural gas production from a deepwater project connected to a floating production system (FPS) facility in the Gulf of America, formerly the U.S. Gulf of Mexico.

about 1 year ago

Business Developments & Projects

NextGeo signs five-year offshore geoscience deal with TotalEnergies

Italy-headquartered marine geosciences and offshore construction support services provider Next Geosolutions (NextGeo) has signed a five-year framework agreement with French multi-energy major TotalEnergies for the provision of offshore investigation services. According to NextGeo, the non-exclusive

about 1 year ago

Business Developments & Projects

Natural gas deal opens new energy corridor between Azerbaijan and Ukraine

Ukraine’s state-owned energy company Naftogaz Group has signed an agreement with the Ukrainian subsidiary of the State Oil Company of the Republic of Azerbaijan (SOCAR) for the purchase of natural gas.

about 1 year ago

Business Developments & Projects

Green hands on deck: Wärtsilä technology anchors Malaysia’s push for future-ready seafarers

A brand-new simulation suite supplied by Finnish technology group Wärtsilä for the Akademi Laut Malaysia (ALAM) maritime training institute has officially been inaugurated, seeking to foster a new generation of “highly skilled and proficient” seafaring professionals. The integration of Wärtsilä’s te

about 1 year ago

Business Developments & Projects

North Sea swap deal expands Aker BP’s oil & gas portfolio

Aker BP has made arrangements with JAPEX Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to trade partial interests in two fields for the Japanese player’s Northern North Sea assets.

about 1 year ago

Saipem collects $900 million in new contracts

Business Developments & Projects

Saipem wraps up pipeline installation for Equinor’s Irpa field (Video)

The pipelaying vessel Castorone, operated by Italian oilfield services provider Saipem, has completed the installation of an approximately 80-kilometer pipeline linking the Aasta Hansteen platform to Equinor’s new subsea tieback field, Irpa, formerly known as Asterix. The Irpa field, located at a de

about 1 year ago

Business Developments & Projects

BW handpicks 6th-gen rig for Orange Basin drilling assignment

Oslo-listed oil and gas E&P player BW Energy has picked a semi-submersible rig owned by Northern Ocean (NOL) and managed by Odfjell Drilling for a drilling assignment in Namibia’s Orange Basin.

about 1 year ago

Business Developments & Projects

Envison Energy supplies green ammonia for ‘pioneering’ bunkering operation

China-based green technology company Envision Energy has supplied green ammonia for the ‘pioneering’ bunkering of an ammonia-fueled tugboat at Dalian Port.

about 1 year ago

Carnegie CEO Jonathan Fiévez pictured with BiMEP Technical Director Yago Torre-Enciso

Business Developments & Projects

MoU signed for 6 MW wave energy array in Spain

Australian wave energy developer Carnegie Clean Energy has signed a memorandum of understanding (MOU) with the Biscay Marine Energy Platform (BiMEP) and commenced the development of a 6 MW wave energy array in Spain’s Basque Country. The proposed project would consist of six 1 MW commercial-scale CE

about 1 year ago

Shelf Drilling Fortress jack-up rig; Source: Shelf Drilling

Business Developments & Projects

Shelf Drilling fleet staying busy with new UK contract and Egypt extension

UAE-headquartered offshore drilling contractor Shelf Drilling has secured one new contract and one extension for two vessels from its fleet.

about 1 year ago