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Business Developments & Projects

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EU fund grants €14.3 million for scale-up of advanced remote USVs
Business Developments & Projects

EU fund grants €14.3 million for scale-up of advanced remote USVs

Norwegian Reach Subsea has secured funding of up to €14.3 million from the EU Innovation Fund, under the Net Zero Technologies initiative, which will be used for the scale-up of the Reach Remote project focusing on the development of advanced remote unmanned surface vessels (USVs). “This is a signif

about 2 years ago
MAN ES
Business Developments & Projects

MAN ES presses on with project to develop four-stroke ammonia-powered engine

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Following the design and testing of its first two-stroke ammonia engine, Germany-based engine manufacturer MAN Energy Solutions (MAN ES) has launched the ‘AmmoniaMot 2’ research project that aims to develop a four-stroke, medium-speed, dual-fuel test engine powered by ammonia. Backed by the German F

about 2 years ago
CMA CGM joins forces with SUEZ on biomethane supplies for gas-powered ships
Business Developments & Projects

CMA CGM joins forces with SUEZ on biomethane supplies for gas-powered ships

French shipping giant CMA CGM has partnered with circular waste management solutions provider SUEZ to work on the production of biomethane and the low-carbon transition of maritime transport. To this end, on October 18, the companies signed a memorandum of understanding (MoU) outlining three main ar

about 2 years ago
A large vessel at sea
Business Developments & Projects

Eni enlists GTT’s tank maintenance skills for FLNG gig

Italy’s oil and gas giant Eni has handed out a contract to France’s technological containment specialist Gaztransport & Technigaz (GTT) for servicing its floating liquefied natural gas (FLNG) unit offshore Mozambique.

about 2 years ago
MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels
Business Developments & Projects

MMMCZCS survey: Majority of maritime community willing to work with ammonia-fueled vessels

While the implementation of ammonia as a marine fuel is expected to be technologically feasible as early as 2025-2026, its toxic nature requires the maritime industry to develop new approaches to safety. However, the majority of maritime community members are willing to sail on or work with ammonia-

about 2 years ago
Offshore wind firm expands with 'highly complementary' subsea company
Business Developments & Projects

Offshore wind firm expands with acquisition of ‘highly complementary’ subsea company

Offshore wind services company Venterra Group has acquired Oceanscan Holdings Limited, a group of companies that provide subsea and non-destructive test equipment, geotechnical services and specialist personnel to the offshore energy market. Founded in 1989 and headquartered in Aberdeen with oversea

about 2 years ago
After US offshore wind, 2000-built vessel wraps up geotechnical program off Türkiye
Business Developments & Projects

After US offshore wind, 2000-built vessel wraps up geotechnical program off Türkiye

U.S.-headquartered TDI-Brooks has completed another geotechnical program offshore Türkiye, its fifth such investigation for Istanbul-headquartered DenAr Ocean Engineering Services. Research vessel Nautilus, formerly known as Nautical Geo, was sent to the Black Sea site, offshore Filyos, from the U.S

about 2 years ago
PSV design by MMC Ship & Design; Courtesy of Kongsberg Maritime
Business Developments & Projects

Multimillion-dollar award puts Kongsberg in charge of equipping newbuild 10-vessel oil & gas fleet

Kongsberg Maritime has been tasked to provide a wide range of equipment for a new fleet of ten platform supply vessels (PSVs), which are being built by a Chinese shipbuilder for Greece’s vessel owner Capital Offshore Management Corp.

about 2 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Business Developments & Projects

ETIP Ocean’s report spotlights need to place ocean energy farms at the center of innovation

The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has highlighted the need to direct innovation efforts toward enabling ocean energy farms to achieve technological and industrial breakthroughs by 2030. According to Ocean Energy Europe (OEE), the newly-released ‘Strategic

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Initial drilling indications seen as ‘encouraging’ at Shell’s high-impact North Sea gas prospect

While the preliminary findings indicate the presence of gas, Shell is continuing activities at its high-impact gas prospect in the UK sector of the North Sea, thus, more information will be available following a comprehensive review.

about 2 years ago
Steel cutting ceremony for new CSV occurred at Sefine Shipyard in Türkiye; Source: Agalas
Business Developments & Projects

WATCH: ‘World’s most eco-friendly’ subsea and offshore wind vessel takes first construction steps

Eidesvik Offshore and its partner, Agalas, have begun to build a methanol-powered hybrid construction support vessel (CSV) for offshore wind and subsea operations.

about 2 years ago
Courtesy of Subsea7
Business Developments & Projects

BP’s deal enabling Subsea7 and SLB-led OneSubsea to devise ‘fit-for-project’ solutions

BP has penned a global frame agreement with Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7.

about 2 years ago
New Finnish consortium to work on fuel-flexible technologies for maritime transport
Business Developments & Projects

New Finnish consortium to work on fuel-flexible technologies for maritime transport

A number of Finnish research organizations and companies have launched a project to develop fuel-flexible solutions for maritime transport and off-road machinery, enabling the optimal use of zero- and low-carbon fuels and reducing greenhouse gas (GHG) emissions by up to 100%. The Flexible Clean Prop

about 2 years ago
Green Marine UK has unveiled the completion of over 50 cable operations, described as complex undertakings, across oil and gas, offshore wind, subsea datacentre sectors, and emerging marine energy tec
Business Developments & Projects

Green Marine UK completes 50 cable operations in renewables and oil & gas

Scotland’s Green Marine UK has unveiled the completion of over 50 cable operations, described as complex undertakings, across oil and gas, offshore wind, subsea datacentre sectors, and emerging marine energy technologies. According to Green Marine UK, the projects have been a combination of full ma

about 2 years ago