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Business Developments & Projects

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Upper part of an offshore platform up close
Business Developments & Projects

TotalEnergies seals long-term LNG supply deal with South Korean player

France’s energy giant TotalEnergies has signed a multi-year heads of agreement (HoA) with HD Hyundai Chemical, the chemical division of the South Korean shipbuilding conglomerate HD Hyundai, to deliver liquefied natural gas (LNG) for servicing one of the East Asian firm’s industrial sites.

about 2 years ago
Design of the P18-A platform, unmanned and equipped with solar panels and wind turbines; Credit: KCI Engineers
Business Developments & Projects
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Gas platform inches step closer to its new lease on life as ‘one of a kind’ solar-wind powered facility for carbon storage in North Sea

Progress has been made in the finalization of the design required to repurpose a former offshore gas platform into an unmanned installation equipped to run on solar and wind for permanent offshore carbon dioxide (CO2) storage in one of the depleted natural gas fields in the North Sea.

about 2 years ago
Norway’s TECO 2030 sets sights on becoming global technology provider
Business Developments & Projects

Norway’s TECO 2030 sets sights on becoming global technology provider

Norway-based cleantech company TECO 2030 has decided to make a strategic shift from manufacturing fuel cells in Norway to positioning the company as a global technology provider by offering licensing agreements to international partners. TECO explained that this decision reflects its commitment to g

about 2 years ago
George Dadd, HydroWing Lead Turbine Engineer, at hydrodynamic testing lab
Business Developments & Projects

UK tidal energy technology developer wraps up hydrodynamic blade testing

UK-based tidal energy developer Inyanga Marine Energy Group has completed hydrodynamic testing of the passive pitch unit for the patented and scalable HydroWing solution, designed for cost-effective tidal stream energy generation. HydroWing secured the largest tidal energy project in the UK as part

about 2 years ago
Milestone in for hybrid cable lay & construction vessel set for Japan's offshore wind
Business Developments & Projects

Keel laid for Japan-bound hybrid cable lay & construction vessel

Norwegian ship designer and shipbuilder VARD has held the keel laying ceremony for what is said to be a highly customized hybrid power cable lay and construction vessel that will serve the Japanese offshore wind market. VARD is building the vessel for Toyo Construction, a Japanese general constructi

about 2 years ago
Global Maritime’s Geosciences department, GM Geo, has launched a geological, geohazard, and geotechnical desktop study, covering up to 6 GW of offshore wind leasing areas in the Gulf of Bothnia off th
Business Developments & Projects

Derisking offshore wind potential as seabed intelligence sheds more light on Finland’s ‘key prospective’ leasing areas to unleash 6 GW of power

Given the fast-increasing popularity of offshore wind developments within the growing decarbonization push toward renewable and clean power in the energy transition era to a net zero future, Global Maritime’s Geosciences department, GM Geo, has launched a geological, geohazard, and geotechnical desk

about 2 years ago
A rendering of three LNG plants on a coast
Business Developments & Projects

French-Japanese duo wins FEED job for LNG project offshore Mozambique

Two engineering companies, Japan’s JGC Holdings Corporation and France’s Technip Energies, have emerged as winners of the front-end engineering design (FEED) tender launched by ExxonMobil on behalf of its partners from the Mozambique Rovuma Venture (MRV), Eni and China National Petroleum Corporation

about 2 years ago
Two men inside a room with all surfaces covered in metal
Business Developments & Projects

European shippping firm adds tank design job to GTT’s docket for four LNG vessels

France’s technological containment specialist Gaztransport & Technigaz (GTT) has received an order from South Korea’s HD Hyundai Samho, a subsidiary of shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE), for the tank design of four new liquefied natural gas carriers (LNGCs), o

about 2 years ago
Excelerate Energy's FSRU; Source: Excelerate Energy
Business Developments & Projects

‘World’s largest FSRU operator’ going in hot pursuit of greener ops with Wärtsilä’s reliquefaction retrofit as USA racks its brain on bridging the gap for gas project reviews

Wärtsilä is helping future-proof gas infrastructure with its reliquefaction systems, which it will deliver for retrofit and installation onboard an FSRU, owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant.

about 2 years ago
Neoline’s first sailing cargo ship reaches new construction milestone
Business Developments & Projects

Neoline’s first sailing cargo ship reaches new construction milestone

The SolidSail rigging has left the Chantiers de l’Atlantique, heading towards RMK Marine in Turkey, where the RoRo vessel Neoliner Origin is under construction, according to French startup Neoline.

about 2 years ago
Remotely operated vehicle (ROV) (for illustration purposes); Source: DeepOcean
Business Developments & Projects

Fresh subsea gig offers ‘large’ operator option to keep DeepOcean busy in UK for up to a decade

DeepOcean has won a new multi-year subsea assignment off the coast of the UK with an undisclosed operator on the UK Continental Shelf (UKCS).

about 2 years ago
MPCC
Business Developments & Projects

MPCC continues fleet renewal, secures new charter contracts

MPCC is continuing its fleet renewal with the acquirement of four 3,800 TEU wide beam eco-design vessels at a total price of $180 million. Separately, the company has agreed on new 24-26-month charter contracts for vessels AS Anne and AS Pamela.

about 2 years ago
CLdN seals order for 10 new fuel-efficient container carriers in a ‘decisive step’ to expand into LoLo segment
Business Developments & Projects

CLdN seals order for 10 new fuel-efficient container carriers in a ‘decisive step’ to expand into LoLo segment

Luxembourg-based shipping group CLdN has firmed up an order for ten newbuild fuel-efficient load-on / load-off (LoLo) container vessels as part of its expansion in the LoLo segment within its container carrier fleet. The new ships will be built by HD Hyundai Mipo in Ulsan, South Korea, and have a ca

about 2 years ago
UK-based Beam has revealed an AI-driven autonomous underwater vehicle (AUV) it describes as a major milestone in underwater robotics and a world first; Courtesy of Beam
Business Developments & Projects

‘World’s first’ AI-powered autonomous subsea vehicle changing underwater inspection and survey game (Video)

UK-headquartered tech player Beam has tucked a milestone in marine technology and underwater robotics under its belt with the development and deployment of a new innovative technology offering, said to be the world’s first autonomous underwater vehicle driven by artificial intelligence (AI).

about 2 years ago