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Business Developments & Projects

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Alternative FuelsEnergy TransitionGreen MarineHydrogenPorts & InfrastructureTechnology & InnovationCollaborationEquipmentInfrastructureOperations & MaintenanceOutlook & StrategyPorts & LogisticsProject & TendersResearch & DevelopmentTechnologyTransitionFossil EnergyCarbon Capture Usage & StorageVesselsAmmoniaClean FuelShipbuildingCablingGridOffshore WindSubseaWind FarmsOil & GasBusiness & FinanceEnergy Efficiency & InnovationInnovationFPSO & VesselsExploration & ProductionVessels & VehiclesRigsInterconnectorsAuthorities & GovernmentVisionLow-Carbon Transition
Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial
Business Developments & Projects

Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial

Mitsui E&S has replaced the conventional diesel engine generator set installed on a near-zero-emission RTG with a hydrogen fuel cell power pack, as part of an on-site zero-emission cargo handling equipment trial.

about 1 year ago
Brevik becomes home to new onboard carbon capture project
Business Developments & Projects

Brevik becomes home to new onboard carbon capture project

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Seabound, a UK-based marine carbon capture player, has launched what it claims to be a “first-of-its-kind” onboard carbon capture project together with the Hartmann Group, ship management company InterMaritime Group and Heidelberg Materials Northern Europe. As disclosed, the carbon capture system (C

about 1 year ago
WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild
Business Developments & Projects

WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild

“World’s first” oceangoing ammonia-powered gas carrier, currently under construction at HD Hyundai Mipo shipyard in South Korea, has been fitted with an ammonia two-stroke engine developed by Swiss marine power company WinGD. WinGD has delivered and installed its X52DF-A engine on the 46,000 cubic m

about 1 year ago
NKT cable laying vessel at East Anglia Three export cable landfall in Suffolk
Business Developments & Projects

East Anglia Three export cable makes landfall in Suffolk

The first section of the export cable for the 1.4 GW East Anglia Three offshore wind farm has been pulled ashore, making landfall at Bawdsey in Suffolk. NKT, which is supplying and installing the export cables for the project under a turnkey contract secured in 2022, started working on East Anglia T

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

ADNOC handing over stake in OMV to affiliate

Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company.

about 1 year ago
Wuhu Shipyard
Business Developments & Projects

Wuhu Shipyard earns double green light for novel 18,600 dwt tanker design

China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification societies, Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly 18,600 dwt chemical tanker. As disclosed, the tanker, which was independently developed by Wuhu

about 1 year ago
FPSO Jaguar; Source: SBM Offshore
Business Developments & Projects

WATCH: SBM Offshore’s fifth Guyana-bound FPSO enters drydock

SBM Offshore has tucked a new construction milestone under its belt for a floating production, storage, and offloading (FPSO) unit destined for a sixth deepwater oil development project, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant ExxonMobil, at the Stabroek block off the co

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

MMA Offshore no longer, rebrands to Cyan Renewables

Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the acquisition by the Singapore-headquartered company last summer. To remind, Cyan Renewables, a portfolio company of Seraya Partners, closed the agreement to acquire MMA Offshore in July 2024 for

about 1 year ago
Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels
Business Developments & Projects

Chinese shipyard starts building Stolt Tankers’ future-proof stainless steel vessels

Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers.

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

OMV’s Norwegian wildcat ends up being dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has drilled a dry well off the coast of Norway, using a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
A map showing offshore field location
Business Developments & Projects

Namibian-Canadian duo secures another year of Orange Basin exploration

The National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, an affiliate of Canada’s Sintana Energy, have secured an extension for a production exploration license (PEL) in Namibia’s Orange Basin.

about 1 year ago
Sumitomo's UK-produced subsea cables to link Kent and Suffolk
Business Developments & Projects

Sumitomo’s UK-produced subsea cables to link Kent and Suffolk

The UK National Grid has selected Sumitomo Electric Industries as the preferred bidder to supply and install 138 kilometers of subsea cable for Sea Link, a new high-voltage direct current (HVDC) electricity connection between Kent and Suffolk. Sumitomo Electric will perform the work out of its manuf

about 1 year ago
FPSO; Source: MODEC
Business Developments & Projects

MODEC gives FPSO decarbonization a leg up with solid oxide fuel cell tech

As part of its toolbox of initiatives aimed at curbing the carbon footprint from its floating production, storage, and offloading (FPSO) fleet, Japan’s MODEC has tasked Eld Energy, a Norwegian fuel cell system company, with the design and manufacture scope of work for a solid oxide fuel cell (SOFC)

about 1 year ago
Singapore
Business Developments & Projects

MPA, Firmus Technologies to examine if seawater cooling systems support sustainable AI infrastructure

The Maritime and Port Authority of Singapore (MPA) and Firmus Technologies, a Singapore-based technology company specializing in energy-efficient, AI-optimized infrastructure, have signed a memorandum of understanding (MoU) to collaborate on the study of sustainable, modular AI factories utilizing s

about 1 year ago