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Business Developments & Projects

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Source: Mermaid Subsea Services (UK)
Business Developments & Projects

Mermaid Subsea wraps up another North Sea well intervention

Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the UK Central North Sea on behalf of Anasuria Operating Company (AOC). According to Mermaid Subsea Services, the operation, carried out from the Island Valiant vessel, focused on delivering

about 1 year ago
Aerial view of an LNG terminal
Business Developments & Projects

LNG as double engine for change: coal phaseout in Asia, net-zero gains worldwide

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Liquefied natural gas (LNG) can play a key role in speeding up Asia’s transfer from coal to more renewable sources in power generation and help the region–and consequently, the world–meet its decarbonization objectives, a new study by S&P Global Commodity Insights (SPGCI) has found.

about 1 year ago
IQAX
Business Developments & Projects

Maritime industry accelerates shift toward digital trade

IQAX, a digital trade solutions provider operating under Orient Overseas (International) Limited (OOIL), parent company of OOCL, has become ‘the first in the world’ to implement the latest Digital Container Shipping Association (DCSA) electronic bill of lading (eBL) 3.0 API standard. As disclosed, t

about 1 year ago
Leclanché
Business Developments & Projects

Leclanché receives type approvals for its marine energy storage system

Leclanché SA has received type approval certificates from Lloyd’s Register (LR) and Bureau Veritas (BV) for its Navius MRS-3 marine rack system.

about 1 year ago
Illustration; Source: SLB
Business Developments & Projects

SLB rolls out suite of carbon storage offerings to step up decarbonization game

U.S.-headquartered technology player SLB has unveiled a full value chain carbon storage toolbox to enhance the advancement of the industrial decarbonization journey.

about 1 year ago
Illustration/Oneka Technologies' wave energy-drive desalination platform (Courtesy of Oneka Technologies)
Business Developments & Projects

Wave energy desalination pilot gets green light in Fort Bragg

Canadian Wave-powered desalination innovator Oneka Technologies has secured one of the regulatory approvals needed to move forward with its wave-powered desalination pilot project off the coast of Fort Bragg, California. According to Oneka Technologies, the Fort Bragg Planning Commission unanimously

about 1 year ago
Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo
Business Developments & Projects

Norway’s Møre Sjø orders hydrogen-powered bulk carrier duo

Norwegian shipping company Møre Sjø has placed an order for the construction of two emission-free hydrogen-powered bulk carriers and secured bunker supplies from compatriot hydrogen producer GreenH.

about 1 year ago
Enova
Business Developments & Projects

Seven electric ships, four charging stations to get €31.6M in Enova support

Enova, a Norwegian government enterprise, has decided to support seven electric vessels and four charging facilities with around NOK 362 million (about €31.6 million).

about 1 year ago
Several people standing in front of a vessel
Business Developments & Projects

Perenco deploying upcycled MOPU to oil field off Congo

The Congolese subsidiary of Anglo-French oil and gas player Perenco is building a new platform to be deployed at a license it operates offshore Congo.

about 1 year ago
AD Ports, ASRY to boost green ship recycling in Bahrain
Business Developments & Projects

AD Ports, ASRY to boost green ship recycling in Bahrain

The UAE-based terminal operator AD Ports Group and the Arab Shipbuilding & Repair Yard Company (ASRY) have entered into three Heads of Terms (HoTs) agreements to collaborate on delivering marine services and developing ‘key’ maritime and port initiatives in Bahrain. As disclosed, the first HoT is di

about 1 year ago
Wison and Sungrow launch new integrated system for green hydrogen production
Business Developments & Projects

Wison and Sungrow launch new integrated system for green hydrogen production

Wison Engineering and Sungrow Hydrogen have officially launched MegaFlex – a large-scale turnkey solution for green hydrogen production.

about 1 year ago
Pictured left to right are Allison Weber, Leonardo Ribeiro, Flavio Bretanha, and Gustavo Calazans de Cerqueira.
Business Developments & Projects

TechnipFMC’s electric actuation system enters pilot phase with Petrobras

UK-headquartered energy technology provider TechnipFMC and Brazilian state-owned energy giant Petrobras have started a pilot project in Brazil to test a new electric actuation technology, which is expected to become part of TechnipFMC’s eSolutions portfolio for subsea systems. The equipment is expec

about 1 year ago
SWS hands over final PCTC in ‘pioneering’ 8,600 CEU LNG-fueled series
Business Developments & Projects

SWS hands over final PCTC in ‘pioneering’ 8,600 CEU LNG-fueled series

Chinese shipbuilder Shanghai Waigaoquiao Shipbuilding (SWS), part of China State Shipbuilding Corporation (CSSC), has completed the 8,600 CEU LNG dual-fuel car carrier series for compatriot financial services company CITIC Financial Leasing.

about 1 year ago
Courtesy of DNO
Business Developments & Projects

Fourfold production uptick for DNO’s North Sea oil & gas business after Sval buy

Norwegian oil and gas operator DNO has brought Sval Energi, a compatriot company, into its fold, enlarging its North Sea portfolio and quadrupling its oil and gas production levels.

about 1 year ago