Business Developments & Projects
Terntank contracts Kongsberg Maritime to design and equip new wind-assisted tanker
Terntank has awarded Kongsberg Maritime a contract to design and equip its eleventh wind-assisted hybrid chemical tanker.
CETO Wave Energy Ireland wins EU-backing for wave energy project
CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured funding to participate as an industry partner/wave energy technology representative in the Modular Electrical Generator PTO system for wave (MEGA WAVE PTO) project, funded by Horizon Europe.
NOCC returns to Chinese shipyard for third LNG dual-fuel PCTC
Norwegian Car Carriers (NOCC) signed a shipbuilding contract with CIMC Raffles for the construction of a third LNG dual-fuel PCTC.
Shell spins the drill bit in North Sea with Valaris rig
Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.
Green Marine UK’s hydrogen CTV retrofit initiative receives RINA’s blessing
Green Marine UK’s initiative aiming to retrofit CTVs with hydrogen, fuel cells and battery, to cut emissions while servicing offshore wind farms, has been granted AiP by RINA.
BP gives multimillion-dollar job on North Sea oil & gas project to Subsea7 and OneSubsea
Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7, will handle work at BP’s subsea tie-back in the North Sea.
TenneT extends collaboration with Intertek for North Sea offshore wind grid connections
UK-headquartered Intertek has been re-appointed by the Dutch-German transmission system operator (TSO), TenneT, to provide long-term client representation services in support of North Sea offshore wind grid connections. Intertek Metoc has been selected for the full framework contract scope that incl
TotalEnergies taps Hudong-Zhonghua for new 18,600 cbm LNG bunkering vessel
France’s energy giant TotalEnergies has ordered a new LNG bunkering vessel at Hudong-Zhonghua Shipbuilding in China.
SafeWAVE project extended to December 2024
EU-backed SafeWAVE project, short for Streamlining the Assessment of Environmental Effects of Wave Energy, has been prolonged until December 2024.
Siemens Energy secures work for large-scale hydrogen project in Germany
Siemens Energy has been awarded a contract by EWE to supply a 280 MW electrolysis system for a large-scale hydrogen project in Emden.
Dutch wave energy converter to be dry tested before deployment at offshore test site
Besides dry testing at the site, Slow Mill Sustainable Power will also be setting up the WEC for offshore preparation.
European Commission okays €1.2 billion Spanish renewable hydrogen scheme
The European Commission has approved a €1.2 billion Spanish scheme to support investments in renewable hydrogen production.
Noble-Diamond Offshore merger process is off to a good start: Will it prompt further rig market consolidation moves?
With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.
Interview with Rovco CEO: New technologies can close huge offshore wind skills gap
New technologies have the ability to massively close the huge skills gap and shortage of workers that is looming over the offshore wind industry, allowing 10 to 17 times more work to be done by one person, according to Brian Allen, CEO of Rovco, a UK company focused on automating offshore wind servi