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Business Developments & Projects

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Germany’s H2Mare commissions floating test platform for power-to-X production
Business Developments & Projects

Germany’s H2Mare commissions floating test platform for power-to-X production

H2Mare, a project focused on researching the offshore production of green hydrogen and other power-to-X (PtX) products from wind energy, has launched a floating test platform to demonstrate a complete PtX process chain for sustainable fuels in Bremerhaven, Germany.

about 1 year ago
Globetrotter I drillship
Business Developments & Projects

Noble drillship lands $80M Black Sea exploration gig

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Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have inked a rig contract with Noble Corporation for a drilling assignment in the Black Sea, offshore Bulgaria.

about 1 year ago
Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel
Business Developments & Projects

Aurora finalizes 11-vessel takeover from Sea1 with delivery of third high-end subsea vessel

Norwegian vessel management services provider Aurora Offshore, part of the Borealis Group, has taken delivery of the eleventh and final vessel from compatriot operator Sea1 Offshore, ex-Siem Offshore. Siem Barracuda, the third high-end subsea vessel of a total of three that are part of the collabora

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

Brazilian oil field months away from production peak as two more wells come back online

Brazilian oil and gas player Brava Energia has returned to production mode two additional wells at an oil field off the coast of Brazil.

about 1 year ago
Source: Eco Wave Power
Business Developments & Projects

Final contractor secured for Eco Wave Power’s US wave energy rollout

Wave energy developer Eco Wave Power has signed an agreement with California-based C&S Welding for the installation of its wave energy technology at the Port of Los Angeles. The deal marks the final step before deployment begins for Eco Wave Power’s first wave energy project in the United States. C&

about 1 year ago
Grimaldi’s first ammonia-ready car carrier named in China
Business Developments & Projects

Grimaldi’s first ammonia-ready car carrier named in China

Italian shipping player Grimaldi has named and launched its first ammonia-ready pure car and truck carrier (PCTC) built at China Merchants Heavy Industries.

about 1 year ago
Kenli 10-2 oilfields development project Phase I
Business Developments & Projects

First oil flows from Chinese major’s Bohai Sea shallow water asset

CNOOC Limited, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), has started production at a shallow oilfield located in the southern Bohai Sea.

about 1 year ago
Underdeck hydrogen storage system receives BV’s approval
Business Developments & Projects

Underdeck hydrogen storage system receives BV’s approval

French classification society Bureau Veritas (BV) has issued approval in principle (AiP) to SECO MARINE, a provider of low-carbon power and propulsion systems, for its compressed hydrogen storage system designed for integration within underdeck space on board vessels.

about 1 year ago
C40 Cities
Business Developments & Projects

From shipbroking to maritime finance: E.A. Gibson Shipbrokers acquires RMK Maritime

E.A. Gibson Shipbrokers has joined forces with RMK Maritime (Europe) to expand its service offering. Effective from August 1, 2025, RMK Maritime will be rebranded as E.A. Gibson Capital.

about 1 year ago
Brage platform; Source: OKEA
Business Developments & Projects

OKEA’s North Sea project starts taking shape with subsea installation

Members of the Subsea Integration Alliance (SIA), United States’ OneSubsea and United Kindgom’s Subsea7, have delivered and installed a structure forming the base of a project being developed by Norway’s oil and gas company OKEA in the North Sea.

about 1 year ago
Danish firm brings in BlueNewables for wave energy project permitting support
Business Developments & Projects

Danish firm brings in BlueNewables for wave energy project permitting support

Danish wave energy firm Wavepiston has signed a collaboration agreement with a Spanish engineering consultancy supporting the marine energy sector, BlueNewables, to support its wave energy project off Gran Canaria, Spain. BlueNewables, an engineering consultancy focused on innovation in the blue eco

about 1 year ago
Two vessels side by side
Business Developments & Projects

Local player joining Malaysia’s third FLNG project

Petronas LNG, a subsidiary of Malaysia’s state-owned giant Petronas, has signed a heads of agreement (HoA) with compatriot SMJ Energy, enabling the latter to participate in a floating liquefied natural gas (FLNG) project off the coast of the Malaysian state of Sabah.

about 1 year ago
Black Sea deepwater gas project to sport US-made subsea equipment
Business Developments & Projects

Black Sea deepwater gas project to sport US-made subsea equipment

London-headquartered precision engineering group Hunting PLC has secured a $31 million subsea order for its titanium stress joints (TSJs) for the third phase of a deepwater gas development in the Turkish part of the Black Sea. Six TSJs, including the patented Direct Pull-thru Tube technology, will b

about 1 year ago
ACWA Power inks new deals for hydrogen and renewable power export to Europe
Business Developments & Projects

ACWA Power inks new deals for hydrogen and renewable power export to Europe

Saudi developer of green hydrogen plants ACWA Power has sealed several agreements and memoranda of understanding (MoUs) with international partners to work on creating a green hydrogen and renewable energy export value chain between Saudi Arabia and Europe.

about 1 year ago