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Business Developments & Projects

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Business Developments & Projects

Taihan completes export cable installation at 364.8 MW South Korean offshore wind farm

Taihan Cable & Solution has completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind project in South Korea. The export cable installation, covering two 28-kilometer lines and carried out by Taihan’s cable-laying vessel (CLV) PALOS, was performed in two phases. Th

about 1 year ago

Business Developments & Projects

GAIL and Vitol formalize 10-year LNG supply deal

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Gas Authority of India Limited (GAIL) has executed a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Asia, a unit of the Switzerland-based energy and commodities company Vitol.

about 1 year ago

Business Developments & Projects

Marine warranty surveyor chosen for Australian 750 MW interconnector

Energy and marine consultancy ABL has been appointed to deliver marine warranty survey (MWS) services for a 750 MW, 345-kilometer-long power interconnector project in Australia. ABL’s operations in Australia will provide MWS services to support the marine transportation and installation (T&I) campai

about 1 year ago

Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)

Business Developments & Projects

BP entrusts KBR-SOCAR JV with terminal electrification and giant gas field’s next phase

KBR, a U.S.-headquartered science, technology, and engineering player, has won new assignments in Azerbaijan with the UK-headquartered BP, thanks to its joint venture with SOCAR, known as SOCAR-KBR, which will undertake detailed engineering design solutions and procurement services for two projects

about 1 year ago

Map showing the planned location of MESH and the existing energy infrastructure and projects surrounding it; Source: EnergyPathways

Business Developments & Projects

EnergyPathways to deploy Hazer’s hydrogen technology in its huge UK energy storage project

EnergyPathways has entered a memorandum of understanding (MoU) with Hazer to use its proprietary hydrogen production technology to develop a clean hydrogen facility that will expand the company’s MESH integrated energy storage project.

about 1 year ago

Eco Wave Power wraps floater production for U.S. pilot project

Business Developments & Projects

Eco Wave Power wraps up floaters production for US pilot project

Wave energy developer Eco Wave Power has completed production of all floaters for its first U.S. wave energy project, set for deployment at the Port of Los Angeles, which is expected to begin later this month. According to Eco Wave Power, the floaters, built by California-based All-Ways Metal, mark

about 1 year ago

Business Developments & Projects

IMO and IAEA grant official status to Nuclear Energy Maritime Organization

The Nuclear Energy Maritime Organization (NEMO), an organization focusing on the practical application of new nuclear solutions in the maritime industry, has received NGO Consultative Status at the International Maritime Organization (IMO) and a formal invitation to regularly participate in the Gene

about 1 year ago

Blackford Dolphin rig; Source: Dolphin Drilling

Business Developments & Projects

Arbitration finale of rig termination saga bringing $105 million to Dolphin Drilling

Following its arbitration win in a case concerning the termination of a drilling contract off the coast of Nigeria, Scotland-headquartered offshore drilling contractor Dolphin Drilling has received the go-ahead to kick off the collection proceedings to obtain its arbitration award from Lagos-based G

about 1 year ago

Business Developments & Projects

Fugro to survey Irish seabed for future offshore wind farms

Fugro has secured a seven-year framework agreement with Irish transmission system operator (TSO) EirGrid to perform surveys for a project that will develop offshore electricity substations and export cable routes to connect Ireland’s future offshore wind farms on the south coast to the national grid

about 1 year ago

Business Developments & Projects

MODEC’s first FPSO destined for Guyana reaches new construction stage

Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana.

about 1 year ago

Business Developments & Projects

MMMCZCS, LR Decarb Hub unite to advance zero-carbon shipping goals

In a move that underscores growing collaboration in the race to decarbonize shipping, Lloyd’s Register Maritime Decarbonisation Hub (Decarb Hub) has become the latest Knowledge Partner of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS). The goal of the partnership is described a

about 1 year ago

Business Developments & Projects

Uruguay oil & gas quest: Prospects appear in one block, as another preps for seismic acquisition

As offshore oil and gas exploration mission continues in Uruguay, the Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is moving forward with its plans to make its assets drill-ready.

about 1 year ago

Business Developments & Projects

ExxonMobil hires Helix for three-year plug and abandonment services

U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a plug and abandonment (P&A) agreement with U.S. energy major ExxonMobil in the Gulf of America. The company’s Louisiana-based shallow water abandonment group Helix Alliance was awarded the three-year framework a

about 1 year ago

Business Developments & Projects

Fincantieri takes construction of LNG-powered Explora fleet to the next stage

Italian shipbuilder Fincantieri has reached a new chapter in the construction of LNG-powered ships for Explora Journeys, the cruise division of Mediterranean Shipping Company (MSC).

about 1 year ago