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Business Developments & Projects

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Carnegie sets sights on deploying CETO wave energy tech in Alaska
Business Developments & Projects

Carnegie sets sights on deploying CETO wave energy tech in Alaska

Australia’s wave energy developer Carnegie Clean Energy has signed a memorandum of understanding (MoU) with Chugachmiut, an Alaska Native tribal consortium, to explore the development of CETO projects in Southcentral Alaska.

about 1 year ago
Aerial view of an LNG terminal
Business Developments & Projects

Permitting starts for Netherlands’ third LNG terminal

Dutch energy infrastructure company VTTI and Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), Höegh Evi, have officially launched the permitting process for the Netherlands’ proposed new LNG terminal.

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about 1 year ago
Matson’s LNG-ready Aloha Class boxships to feature Corvus Energy battery systems
Business Developments & Projects

Matson’s LNG-ready Aloha Class boxships to feature Corvus Energy battery systems

Norwegian marine energy storage company Corvus Energy has secured a contract to supply its energy storage systems (ESS) for new LNG-powered Aloha Class containerships being built for U.S.-based transportation and logistics company Matson.

about 1 year ago
Aerial view of an energy complex
Business Developments & Projects

Petrobras fires up second module at Santos Basin gas processing complex

The second module of the natural gas processing unit (UPGN) in metropolitan Rio de Janeiro, operated by Brazil’s state-owned energy giant Petrobras, has started commercial operation.

about 1 year ago
Valaris DS-15, formerly Rowan Renaissance, drillship; Source: Valaris
Business Developments & Projects

Valaris drillship going to West Africa for multimillion-dollar gig

Valaris has won a multi-well drilling assignment for one of its drillships in West Africa with an undisclosed oil and gas operator.

about 1 year ago
An aerial view of an island
Business Developments & Projects

ADNOC Drilling clinches $806M deal for next-gen rig trio

UAE-based ADNOC Offshore has handed out a contract to its sister company ADNOC Drilling for three island rigs to support expanding operations at a development project offshore Abu Dhabi.

about 1 year ago
FPSO Agogo; Source: Yinson Production
Business Developments & Projects

Yinson Production turns the financial flexibility key to unlock liquidity doors

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has made its first foray into a corporate-level standby letter of credit and guarantee facility to boost its liquidity.

about 1 year ago
Paul B Lloyd Jr. rig; Source: Dolphin Drilling
Business Developments & Projects

Dolphin Drilling reveals refinance plan for 35-year-old rig

Dolphin Drilling has tweaked the terms of the deal for its multimillion-dollar facility agreement with security, among other things, over the 1990-built semi-submersible rig it acquired from Transocean, providing for amortization relief of the installments payable for the three months from April to

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

TotalEnergies adopts LR OneOcean’s technology to reduce vessel emissions

TotalEnergies has entered a partnership with Lloyd’s Register OneOcean to deploy the latter’s advanced route optimization technology across its shipping operations.

about 1 year ago
Dutch-Norwegian floating solar specialist receives ISO 9001 certification
Business Developments & Projects

Dutch-Norwegian floating solar specialist receives ISO 9001 certification

Dutch-Norwegian provider of offshore floating solar energy solutions, SolarDuck, has obtained ISO 9001 certification from classification society Bureau Veritas.

about 1 year ago
An offshore platform at Valhall field
Business Developments & Projects

WATCH: ‘Vital’ piece starts 670-km trip to Aker BP’s North Sea field

A key piece of equipment has embarked on a journey from a shipyard in Norway to a North Sea field operated by the Norwegian oil and gas player Aker BP.

about 1 year ago
Courtesy of Allseas
Business Developments & Projects

Allseas enriches its fleet with newbuild next-gen vessel pair

Allseas has enlarged its fleet with two newbuild offshore construction vessels (OCVs) to position itself for long-term growth in a rapidly evolving market by strengthening its offshore capabilities.

about 1 year ago
South Korea and US plan green shipping corridor by 2027
Business Developments & Projects

South Korea and US plan green shipping corridor by 2027

A green shipping corridor across the Pacific Ocean linking the United States and South Korea is set to be established by 2027, the latter country’s Ministry of Oceans and Fisheries (MOF) has unveiled. According to MOF, the “South Korea-US Green Shipping Corridor Construction Implementation Roadmap”,

about 1 year ago
Skandi Salvador; Source: DOF
Business Developments & Projects

More subsea work for DOF vessel duo in Brazilian waters

DOF Group has secured a new assignment for one of its subsea operation vessels and an extension of a deal, which allows one of its flexible, large subsea construction ships to undertake work off the coast of Brazil.

about 1 year ago