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Business Developments & Projects

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Business Developments & Projects

GTT and HHI join forces to elevate LNG carrier tank design

South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has signed two deals with French technological containment specialist Gaztransport & Technigaz (GTT) aimed at upgrading the design of liquefied natural gas (LNG) carriers.

about 1 year ago

EIVA and Terradepth have partnered to integrate Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software

Business Developments & Projects

Terradepth and EIVA integrate platforms to speed up subsea data delivery

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Denmark-based EIVA and U.S. provider of ocean data management solutions Terradepth have partnered to integrate Terradepth’s Absolute Ocean platform with EIVA’s NaviSuite software, aiming to automate the full subsea-to-cloud data workflow. According to Terradepth, the integration is designed to acce

about 1 year ago

MPSV Harvey Deep Sea; Source: Harvey Gulf International Marine

Business Developments & Projects

Oceaneering picks up subsea IMR and installation job for vessel in Gulf of Mexico

Oceaneering has secured a vessel services agreement with an undisclosed operator for the use of a 12-year-old multi-purpose supply vessel (MPSV) in the Gulf of Mexico.

about 1 year ago

Illustration of carbon capture and storage process; Courtesy of Norwegian Offshore Directorate

Business Developments & Projects

New North Sea CO2 storage exploration permit has Equinor’s name on it

Equinor has been offered an exploration license for CO2 storage in the North Sea, marking the eighth time acreage has been awarded for this purpose on the Norwegian Continental Shelf (NCS).

about 1 year ago

Nova Innovation's floating solar units (Courtesy of Nova Innovation)

Business Developments & Projects

Nova Innovation secures triple ISO certification for management systems

Scotland-based Nova Innovation has achieved triple ISO accreditation covering its quality, environmental, and health & safety management systems. The company said the certifications confirm its commitment to improving internal operations while aligning with internationally recognised standards. “It’

about 1 year ago

Business Developments & Projects

Giant Kiewit-built structure en route to Cenovus’ project off Newfoundland

Topsides for an offshore platform operated by Canada’s oil and gas company Cenovus Energy have begun their journey from Kiewit’s facility in Texas to their destination offshore Newfoundland.

about 1 year ago

Business Developments & Projects

US approves OCI Global’s sale of methanol business to Methanex

OCI Global, has received U.S. regulatory approval for the sale of its global methanol business, OCI Methanol, to Methanex Corporation.

about 1 year ago

Rendering of Rio Grande LNG; Source: NextDecade

Business Developments & Projects

$9 billion deals for US LNG project land on Bechtel’s worksheet in Lone Star State

NextDecade Corporation has revealed a price change for a previous contract and a new multibillion-dollar deal with Bechtel Energy, an American engineering, procurement, construction, and project management company, enabling the U.S. contractor to handle work on two trains for a liquefied natural gas

about 1 year ago

Business Developments & Projects

Eco Wave Power nears completion of first US wave energy unit at Port of LA

Wave energy developer Eco Wave Power is finalizing the manufacturing phase of its first U.S. pilot wave energy project, set to be installed at the Port of Los Angeles in July 2025. Eco Wave Power said that during a site visit to its U.S. manufacturing partner, California-based All-Ways Metal, CEO In

about 1 year ago

Business Developments & Projects

Meyer Werft picks TMC compressors for Carnival’s LNG-powered cruise ships

German shipbuilder Meyer Werft has selected Norway-based TMC Compressors to supply the marine compressed air system for two cruise ships being built for Carnival Cruise Line, part of cruise giant Carnival Corporation.

about 1 year ago

Transocean Equinox, former Songa Equinox; Credit: ALP Maritime

Business Developments & Projects

ConocoPhillips pinpoints potential drilling sites for 2025 two-well gas search

ConocoPhillips has revealed three possible drilling locations for its two-well gas exploration campaign in the Otway Basin off the coast of Australia.

about 1 year ago

FSRU Independence in Klaipėda; Source: Höegh Evi, former Höegh LNG

Business Developments & Projects

Baltic CO2 storage project gets EU funding

The European Commission has signed a grant agreement with Lithuanian liquefied natural gas (LNG) terminal operator KN Energies (KN) for technical and commercial studies for a planned CO2 terminal in Klaipėda, Lithuania.

about 1 year ago

Karratha gas plant; Courtesy of Woodside

Business Developments & Projects

Talks about 40-year continuation of Australia’s mega gas project draw out

Woodside Energy, has made arrangements with the federal government to continue discussions about the proposed requirements for environmental approval of a lifespan extension for its mega gas project off the Australian coast, enabling it to run until 2070.

about 1 year ago

Reach Subsea's second uncrewed surface vessel (USV), Reach Remote 2.

Business Developments & Projects

Reach Subsea takes delivery of second uncrewed surface vessel

Norway’s Reach Subsea has confirmed the delivery of its second uncrewed surface vessel (USV), Reach Remote 2, after completing all technical installations, testing, and documentation. According to Reach Subsea, the vessel will be deployed for commercial projects, expanding the company’s uncrewed fle

about 1 year ago