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Business Developments & Projects

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APM Terminals Moín launches modernization project to boost efficiency and sustainability
Business Developments & Projects

APM Terminals Moín launches modernization project to boost efficiency and sustainability

As part of a wider commitment to upgrade operational infrastructure and implement sustainable technologies, APM Terminals Moín in Costa Rica has launched a modernization project focused on streamlining access to the terminal.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

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Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the fu

about 1 year ago
NEOM
Business Developments & Projects

World’s ‘largest’ green hydrogen plant construction reaches 80% completion

NEOM Green Hydrogen Project in Saudi Arabia has reached an 80% construction completion across all sites, the US-based industrial gases company Air Products said.

about 1 year ago
Several men sitting behind a desk at a contract signing ceremony
Business Developments & Projects

PSC signed for Myanmar’s seventh offshore project

Myanmar’s state-owned Oil and Gas Enterprise and Gulf Petroleum Myanmar, a Thai-owned company based in Myanmar, have signed a production sharing contract (PSC) for an offshore oil and gas block.

about 1 year ago
Solvang and BlackRock to jointly pursue liquefied gas shipping opportunities
Business Developments & Projects

Solvang and BlackRock to jointly pursue liquefied gas shipping opportunities

Norwegian shipping company Solvang and Global Infrastructure Partners (GIP), a part of private infrastructure investment firm BlackRock, have joined forces to grow the liquefied gas shipping business with a focus on LPG, ammonia, ethane, and CO2.

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

Black Sea drillship reactivation job lands on ModuSpec’s table

MR Group’s ModuSpec, a rig intake and inspection specialist, has lined up a multi-staged support assignment during the intake process of a sixth-generation deepwater drillship in the Black Sea.

about 1 year ago
Edvard Grieg platform; Source: Aker BP
Business Developments & Projects

Drone ops edging North Sea oil platform closer to autonomous offshore inspections

Aker BP has made a new leap toward fully autonomous offshore inspections and maintenance, thanks to its recently completed first offshore beyond-visual-line-of-sight (BVLOS) drone operation at its platform in the North Sea off the coast of Norway.

about 1 year ago
An image showing Hornsea Three array site and export cable corridor on a map
Business Developments & Projects

Ørsted preparing seabed for Hornsea Three export cable

Preparation work for the installation of the Hornsea Three export cable is underway with boulder and debris relocation, and a geophysical survey starting this month, following the completion of UXO clearance work. An installation campaign to replace blanking plates from the horizontal directional dr

about 1 year ago
Ocean Sun's floating solar technology in Chile
Business Developments & Projects

Alotta delivers Chile’s first floating solar at Mowi site

Alotta Energy Chile has delivered the country’s first floating solar installation at Mowi’s Isla Huar salmon farm in the Los Lagos region, aiming to cut CO2 emissions and reduce diesel reliance in offshore aquaculture. The system, developed, financed, and installed by Alotta Energy Chile, a subsidia

about 1 year ago
LNG carrier Kool Glacier at sea
Business Developments & Projects

HD Hyundai’s upgrades help CoolCo future-proof its LNG fleet

HD Hyundai Marine Solution (HD HMS) has completed the retrofit of a liquefied natural gas (LNG) carrier owned by Bermuda-based LNG carrier owner and operator Cool Company (CoolCo).

about 1 year ago
New joint venture focused on mid-sized LPG tankers comes to market
Business Developments & Projects

New joint venture focused on mid-sized LPG tankers comes to market

Abu Dhabi-based Al Seer Marine, a subsidiary of International Holding Company (IHC), and B International Shipping & Logistics, an affiliate of energy trader BGN, have launched a new joint venture (JV) that will own and operate mid-sized LPG and product tankers.

about 1 year ago
Fugro wins its ‘largest-ever project in Asia Pacific’
Business Developments & Projects

Fugro wins its ‘largest-ever project in Asia Pacific’

The Netherlands-headquartered Fugro has secured its largest-ever project in the Asia Pacific (APAC) region, as part of which it will support the development of a deepwater gas field in Southeast Asia. As part of the signed letter of award (LoA), Fugro will perform a site characterization program for

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Business Developments & Projects

39-year-old FPSO going to Las Palmas to get ready for redeployment

Amplus Energy has picked Spain’s Astican Shipyard in Las Palmas de Gran Canaria off the northwest coast of Africa to undertake the work scope related to the preparation for the redeployment of a floating production, storage, and offloading (FPSO) vessel, seen as one of the offshore industry’s most i

about 1 year ago
AR1100 deployment ProteusAR1100 deployment Proteus Marine Renewables
Business Developments & Projects

Japan certifies Proteus 1.1 MW tidal turbine, power now flowing to national grid

UK-based tidal energy company Proteus Marine Renewables’ (PMR) 1.1 MW tidal energy turbine, the AR1100, has received certification from Japan’s Ministry of Economy, Trade and Industry (METI), confirming the system meets national standards for grid-connected power generation. The turbine is now opera

about 1 year ago