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Business Developments & Projects

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Business Developments & Projects

KCC to install ‘largest ever suction sails’ on CABU III newbuild

Norwegian shipowner Klaveness Combination Carriers ASA (KCC) has decided to equip the upcoming CABU III newbuild with “the world’s largest” suction sails.

about 2 years ago

Business Developments & Projects

New contract with Vår Energi takes DeepOcean to Barents Sea and North Sea

Norway-based ocean services provider DeepOcean has expanded its several years of work for oil and gas company Vår Energi with a new contract set to be performed next year. DeepOcean will perform a subsea campaign for Vår Energi in 2025 that includes inspection, maintenance and repair (IMR) services

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about 2 years ago

Business Developments & Projects

Candela: ‘World’s first’ electric hydrofoil ferry enters service

Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has marked a new milestone as its P-12 Nova, described as the world’s first electric hydrofoil ferry, began operations in Stockholm. In the early morning of October 29, Nova, the first of Candela’s new P-12 model to enter service,

about 2 years ago

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

Business Developments & Projects

TotalEnergies finds gas condensate pay in North Sea

TotalEnergies has discovered new gas condensate resources during drilling operations with a Shelf Drilling-owned jack-up rig at a well in the Harald East area. This gas will be exported through the Tyra facilities in the Danish sector of the North Sea.

about 2 years ago

Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy

Business Developments & Projects

Oil & gas production grinds to a halt as North Sea FPSO goes offline

Serica Energy has confirmed the interruption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS).

about 2 years ago

Business Developments & Projects

After Equinor, TotalEnergies enters Reach Subsea’s USV qualification program

A couple of months after Equinor revealed its participation in the technology qualification program for Reach Subsea’s Reach Remote uncrewed surface vessels (USVs), France’s energy giant TotalEnergies joined as a new collaboration partner. The pilot project with Equinor, TotalEnergies and other “maj

about 2 years ago

Business Developments & Projects

AYK Energy battery selected for new 7,999 dwt diesel-electric tanker

Marine battery manufacturer AYK Energy has secured a contract with Spanish shipowner Mureloil to deliver a 4,200 kWh battery for a new diesel-electric tanker. Under the agreement, AYK Energy will supply its Aries+ battery on a new 7,999 dwt diesel-electric product tanker being built for Mureloil at

about 2 years ago

Gasunie picks N-Sea for BBL pipeline survey

Business Developments & Projects

UK firm wins Gasunie tender for Southern North Sea pipeline

UK-based Kent has secured a four-year framework agreement from the energy infrastructure company Gasunie to provide integrity management support services for a subsea pipeline in the Southern North Sea. This €2.4 million agreement, awarded through a negotiated EU-compliant process, covers both onsho

about 2 years ago

Noble Regina Allen jack-up rig; Credit: Mammoet/Damen

Business Developments & Projects

Damen taps Mammoet for Noble jack-up rig’s leg repair work (Gallery)

Netherlands-based Mammoet has been hired by Damen Shiprepair to assist with a jack-up leg repair for a rig owned by the U.S.-headquartered Noble Corporation.

about 2 years ago

Business Developments & Projects

Matteco secures €15 million to expand production of green hydrogen materials

To scale up the production of its materials for green hydrogen, Matteco has closed a €15 million Series A investment round backed by a group of national and international family offices.

about 2 years ago

Business Developments & Projects

EverLoNG concludes second carbon capture demonstration onboard LNG-powered ship

The EverLoNG project, an initiative aiming to encourage the uptake of ship-based carbon capture (SBCC) by trialing its use onboard LNG-fueled ships, has completed the second demonstration campaign on Heerema Marine Contractors’ LNG-powered crane ship Sleipnir. The demonstration campaign began in Jun

about 2 years ago

Business Developments & Projects

Isle of Man-based oil & gas firm passes the operator baton to Chevron for offshore block in Uruguay

Challenger Energy Group (CEG) has wrapped up the divestment of a majority stake in a shallow water exploration block off the coast of Uruguay. As a result, Chevron Uruguay Exploration, a wholly-owned subsidiary of the U.S.-based energy giant Chevron, is the block’s new operator.

about 2 years ago

Terry Allan, CEO at nexos; Source: nexos

Business Developments & Projects

Op-ed: Different rules, same game – Thinking differently about UK’s energy future

Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

about 2 years ago

Business Developments & Projects

BASF and AM Green enter non-binding green ammonia offtake deal

German BASF and Indian AM Green have signed a non-binding letter of intent (LoI) for the offtake of 100,000 tons annually of ammonia produced exclusively with renewable energy.

about 2 years ago