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Business Developments & Projects

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Crowley deploys second Avance Class LNG-powered containership
Business Developments & Projects

Crowley deploys second Avance Class LNG-powered containership

U.S. shipping and logistics company Crowley has put into operation the second Avance Class LNG-powered containership to expand its capacity in the Caribbean Basin.

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

Höegh Evi selects Seatrium for Egypt-bound FSRU conversion

Marine energy infrastructure developer Höegh Evi has signed a long-term time charter agreement with Egyptian Natural Gas Holding Company (EGAS) to deploy a floating storage and regasification unit (FSRU) in Egypt. The vessel will be converted from a liquefied natural gas (LNG) carrier by Singapore’s

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about 1 year ago
Fugro will use Blue Eclipse USV for this job; Source: Fugro
Business Developments & Projects

Fugro’s largest USV going on seabed mapping duty in North Sea

Dutch geo-data specialist Fugro is sending an uncrewed surface vessel (USV), said to be the largest one in its fleet, on a seabed data acquisition mission in the North Sea, which will enable Norway’s MAREANO seabed mapping program to tuck a new first under its belt with the first USV technology fora

about 1 year ago
Carnegie Clean Energy raises over $2M to support ‘first ever’ CETO deployment in Europe
Business Developments & Projects

Electrical validation done for CETO wave energy device (Video)

Australia’s wave energy developer Carnegie Clean Energy has completed electrical and control system testing for its ACHIEVE CETO wave energy unit at SEI’s facilities in the Basque Country, Spain. According to Carnegie, the milestone marks integration and validation of the system’s electrical, commun

about 1 year ago
From left: Manos Manousakis, Chairman and CEO of IPTO; Kyriakos Mitsotakis, Prime Minister of the Hellenic Republic; Giorgia Meloni, Italian Prime Minister; and Giuseppina Di Foggia, CEO and General M
Business Developments & Projects

New €1.9 billion Greece–Italy subsea interconnection in the pipeline

Terna and IPTO have taken steps to move forward with a new high-voltage direct current (HVDC) link between Italy and Greece to strengthen regional cooperation, boost energy security, and put the wind in Europe’s transition to greener sources of supply.

about 1 year ago
Chevron recently brought online a subsea tie-back to the Blind Faith platform; Source: Chevron
Business Developments & Projects

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion

Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion.

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

Vaalco advances FPSO overhaul and drilling plans off Africa

Houston-based Vaalco Energy has provided an update on its exploration agenda offshore Côte d’Ivoire and Gabon.

about 1 year ago
FPSO Fast4Ward design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore’s Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shape

TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.

about 1 year ago
CEVA launches new low-carbon ocean freight service
Business Developments & Projects

CEVA launches new low-carbon ocean freight service

CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight.

about 1 year ago
Offshore platforms
Business Developments & Projects

Jersey player in the running for acreage offshore Brunei

Jersey-based and London Stock Exchange-listed upstream oil and gas company Upland Resources is being considered for the award of acreage as part of the 2025 Brunei offshore licensing round organized by the Petroleum Authority of Brunei (PAB).

about 1 year ago
EPS names final 7,000 CEU dual-fuel car carrier in China
Business Developments & Projects

EPS names final 7,000 CEU dual-fuel car carrier in China

Singapore-based shipowner Eastern Pacific Shipping (EPS) has named its sixth 7,000 CEU dual-fuel pure car and truck carrier (PCTC) built by China Merchants Jinling Shipyard (Weihai).

about 1 year ago
Akal-C platform; Source: Pemex
Business Developments & Projects

Pemex patches up pipeline in the aftermath of oil spill offshore Mexico

Pemex has undertaken repair work at a pipeline, which is connected to its oil platform off the coast of Mexico, to address leaks and prevent hydrocarbon presence on the North American country’s coast.

about 1 year ago
Cavotec nets €8.1 million shore power order from mystery container shipping company
Business Developments & Projects

Cavotec nets €8.1 million shore power order from mystery container shipping company

Switzerland-based cleantech company Cavotec has signed an order valued at €8.1 million with an undisclosed global container shipping company to deliver complete shore power systems for newly built container vessels.

about 1 year ago
TGS nets shallow-water survey contract off Trinidad, wraps up Gulf Coast CO2 storage assessments
Business Developments & Projects

TGS wraps up basin seismic survey to improve imaging of volcanic region

Norway-based energy data and intelligence player TGS has completed the seismic survey in Norway’s Vøring Basin as part of a two-year campaign to advance exploration in the complex volcanic region on the mid-Norwegian continental margin. According to TGS, the survey covers approximately 8,000 square

about 1 year ago