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Business Developments & Projects

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HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector
Business Developments & Projects

HDF Energy and VIMC collaborate to promote hydrogen use in Vietnam’s maritime sector

French hydrogen player HDF Energy and Vietnam Maritime Corporation (VIMC) have signed a strategic memorandum of understanding (MoU) to promote the use of green hydrogen and fuel cell technologies across VIMC’s operations.

about 1 year ago
Marketex Offshore Constructions wraps up subsea template deliveries for Aker BP
Business Developments & Projects

Estonian firm delivers subsea templates for Aker BP

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Estonia-based Marketex Offshore Constructions (MOC), a subsidiary of BLRT Grupp, has completed the delivery of ten subsea templates for Norwegian oil and gas player Aker BP’s Yggdrasil area development offshore Norway. According to MOC, the first six units were handed over earlier in 2024, while the

about 1 year ago
A Floating Production Unit
Business Developments & Projects

JAPEX exits one block off Indonesia and buys stake in another

Japan Petroleum Exploration (Japex) has divested its stake in Energi Mega Pratama Inc. (EMPI), through which it participated in a block offshore Java, Indonesia, to the latter’s parent company Energi Mega Persada (EMP).

about 1 year ago
FPSO development concept; Source: Finder Energy
Business Developments & Projects

3D reprocessing paving the way for first oil from fields offshore Timor-Leste

With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize pla

about 1 year ago
First US-made battery-electric ferries to feature Wärtsilä’s propulsion system
Business Developments & Projects

First US-made battery-electric ferries to feature Wärtsilä’s propulsion system

California’s public ferry operator San Francisco Bay Ferry (SF Bay Ferry) has selected an electric propulsion system from the Finnish technology group Wärtsilä for its three fully battery-electric high-speed ferries. The order for Wärtsilä’s electric propulsion system was placed by All American Mari

about 1 year ago
GIZ and ACCIONA partner on green hydrogen projects in Chile
Business Developments & Projects

GIZ and ACCIONA partner on green hydrogen projects in Chile

As part of the International Hydrogen Development Program (H2Uppp) of the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the German International Cooperation Society (GIZ) and Spain-based ACCIONA Nordex Green Hydrogen (ANGH2) have joined forces to support the development of

about 1 year ago
FPSO Nganhurra; Source: Woodside
Business Developments & Projects

2006-built FPSO changing hands as BW Offshore eyes redeployment opportunities

Norway’s BW Offshore is set on expanding its floating production, storage, and offloading (FPSO) fleet by embarking on the acquisition of a 19-year-old FPSO to leverage redeployment opportunities in the offshore oil and gas arena.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Italian player secures long-term commitments in FSRU capacity auction

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has concluded the auctions for regasification capacity at its floating storage and regasification unit (FSRU) moored off the coast of Livorno.

about 1 year ago
SeaRenergy Offshore Holding integrating Tethys ONE autonomous robot
Business Developments & Projects

SeaRenergy and Tethys Robotics team up on subsea inspection services

Hamburg-based SeaRenergy Offshore Holding has entered a strategic partnership with Switzerland’s Tethys Robotics to strengthen its subsea inspection services. Under the partnership, SeaRenergy will integrate the Tethys ONE autonomous robot into its offshore services. The Hamburg-based company said t

about 1 year ago
Lomarlabs partners with BlueNose to optimize ship aerodynamics for fuel savings
Business Developments & Projects

Lomarlabs partners with BlueNose to optimize ship aerodynamics for fuel savings

Lomarlabs, an innovation arm of Lomar Shipping, has teamed up with maritime technology company BlueNose to optimize ship aerodynamics, targeting a reduction of fuel consumption by up to 5%.

about 1 year ago
Karratha gas plant; Courtesy of Woodside
Business Developments & Projects

Go-ahead for life extension of Woodside’s huge offshore gas project to 2070

Australian energy giant Woodside Energy has welcomed the federal government’s proposed decision to grant environmental approval for the extension of its mega gas project off the coast of Australia. This prolongs the project’s lifetime from 2030 to 2070.

about 1 year ago
Scana firm wins multi-million deal for E-house modules offshore Brazil
Business Developments & Projects

Scana firm wins multi-million deal for E-house modules offshore Brazil

PSW Power & Automation, a subsidiary of Norway-headquartered offshore energy technology and services provider Scana, has secured a contract valued between NOK 75 million (around $7.3 million) and NOK 150 million for an offshore project in Brazil involving the delivery of two E-House modules. Accordi

about 1 year ago
ONE
Business Developments & Projects

Shipbrokers: ONE orders 8+4 LNG-powered containerships

Singapore-based shipping company Ocean Network Express (ONE) has reportedly placed an order for eight liquefied natural gas (LNG)- powered 16,000 TEU boxships in South Korea.

about 1 year ago
EU flags
Business Developments & Projects

Plagazi receives €29.5M EU grant for its waste-to-circular hydrogen project

Sweden’s cleantech company Plagazi has received a €29.5 million grant from the EU Innovation Fund for ‘Gävle Circular Park,’ its flagship project described as a key part of efforts to advance the development of local value chains across several sectors, including hydrogen transport, CO2 transport an

about 1 year ago