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Business Developments & Projects

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Cemre Shipyard: New battery-powered ferry sets sail for Denmark
Business Developments & Projects

Cemre Shipyard: New battery-powered ferry sets sail for Denmark

Danish ferry operator Molslinjen has taken delivery of a new battery-powered RoRo passenger ferry built by Turkish shipbuilder Cemre Shipyard.

about 1 year ago
An offshore platform and a vessel next to it at sunset
Business Developments & Projects

Indonesian field stake sale gets shareholder go-ahead

Coro Duyung, a subsidiary of Southeast Asia’s Coro Energy, has received the green light from its shareholders to sell its stake in a production sharing contract (PSC) in the West Natuna Sea off the coast of Indonesia to the Singapore-headquartered natural gas player Conrad Asia Energy.

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

AI and clean tech enabling oil boost and emission cuts at world’s second largest offshore field

ADNOC has decided to move forward with a phased development plan to expand a giant offshore oil field, increasing output through new technologies while curbing greenhouse gas (GHG) emissions to ensure more sustainable operations.

about 1 year ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Business Developments & Projects

ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon

ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves.

about 1 year ago
Noble Venturer drillship; Source: Noble Corporation
Business Developments & Projects

Halliburton plays its part in Rhino’s oil search offshore Namibia

As Africa continues to attract more interest in its offshore basins, U.S.-headquartered oilfield services player Halliburton has lent a helping hand to Rhino Resources for exploration activities on Block 2914 within the petroleum exploration license (PEL) 85 off the coast of Namibia.

about 1 year ago
Vessel illustration
Business Developments & Projects

DOF’s new offshore support vessel starts taking shape in Poland

Poland’s CRIST has held the keel laying ceremony for an offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group.

about 1 year ago
Malaysian company looking to bypass global vessel shortage with new cable layer
Business Developments & Projects

Malaysian company looking to bypass global vessel shortage with new cable layer

A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made a move that brings it a step closer to the construction of a multi-purpose cable laying vessel (CLV). Megamas Resources has signed a letter of intent (LoI) with German shipyard Lloyd Werft Bremerhaven to

about 1 year ago
ACWA Power strengthens US clean energy ties with $500 million in new deals
Business Developments & Projects

ACWA Power strengthens US clean energy ties with $500 million in new deals

ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage

The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) to coordinate efforts around energy and carbon storage in the North Sea. According to NSTA, the agreement outlines shared priorities, including enabling co-location of technologies,

about 1 year ago
Boskalis' vessels working in Oman; Source: Boskalis
Business Developments & Projects

Boskalis vessels ‘spot hunting’ to clear the way for new LNG terminal

Boskalis has deployed a set of dredgers and other vessels from its fleet in the Middle East to lay the groundwork for the creation of a new liquefied natural gas (LNG) terminal in the port of Sohar, bringing Oman closer to turning its dreams of housing the first LNG bunkering hub in the Middle East

about 1 year ago
An offshore platform with a vessel next to it
Business Developments & Projects

10 companies shortlisted to vie for Denmark’s C02 storage funding

The Danish Energy Agency has prequalified ten companies eligible to submit proposals for funding available under its carbon capture and storage (CCS) initiative aimed at helping the country reach its climate goals.

about 1 year ago
Baltica 9 PGE Baltica
Business Developments & Projects

Polish companies ink survey contracts for Baltica 9 offshore wind farm

PGE Baltica has signed a contract with a consortium of Polish companies to carry out a specialist geophysical survey of the Baltic Sea seabed for the Baltica 9 offshore wind farm. The two companies that will perform the survey of the Baltic Sea seabed for the presence of unexploded ordnance and shal

about 1 year ago
WATCH: Both subsea cables laid for project set to 'revolutionize Senegal’s power infrastructure'
Business Developments & Projects

WATCH: Both subsea cables laid for project set to ‘revolutionize Senegal’s power infrastructure’

A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two submarine cables for what is said to be a project that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people. The partners reported today, May 16, that the seco

about 1 year ago
FSRU Alexandroupolis; Source: Gastrade
Business Developments & Projects

Greece’s FSRU going back to regasification work in August

A floating storage and regasification unit (FSRU) is months away from returning to regasification duty.

about 1 year ago