Business Developments & Projects

Two companies to test green hydrogen and circularity projects at Port of Antwerp-Bruges
Two companies signed up to demonstrate green hydrogen and circularity projects at the Port of Antwerp-Bruges as part of the innovation hub.

Aker BP gets thumbs-up for hydrocarbon search in North Sea with Noble rig
Aker BP has secured a drilling permit for an exploration well in the North Sea off the coast of Norway, which is expected to be drilled this month.

Umbilical manufacturer taps CRP Subsea for ‘large’ Australian field
UK-headquartered CRP Subsea has won a contract with what is described as a “leading global umbilical manufacturer” to supply distributed buoyancy modules (DBMs) to a large gas field in the Indian Ocean, offshore Western Australia.

Indonesia’s first marine floating solar power plant prototype launched
The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched, backed by funding from Innovative UK.

Six North Sea countries put subsea infrastructure security high on the agenda with joint declaration
Six North Sea countries have signed a joint declaration to cooperate on the protection of critical underwater energy and telecommunication infrastructure in the North Sea. At the North Sea Summit held in April 2023, national security advisers from nine countries met to discuss better cooperation on

UK duo pool resources to pursue sustainability avenues in marine and oil & gas sectors
Welsh provider of eco-friendly marine solutions Avantis Marine has joined forces with Scottish oilfield services provider OEM Group.

Scottish subsea surveys provider gets on board US carbon capture and storage project
Scottish subsea surveys and inspections provider Sulmara has been appointed to deliver an offshore geophysical survey for a carbon capture and storage project (CCS) in the U.S. Sulmara was commissioned by Bayou Bend CCS, a joint venture of Chevron, Talos Energy and Equinor, to conduct an archaeologi

Hapag-Lloyd, Titan, and STX in ‘largest’ ship-to-ship bio-LNG bunkering operation
Titan Clean Fuels and STX Group have conducted ‘the largest ship-to-ship delivery of bio-LNG’ to Hapag-Lloyd’s container ship in Rotterdam.

Argeo vessel en route to Africa for TotalEnergies gig
Norway’s Argeo has completed the conversion upgrade for the Argeo Venture and the vessel has begun its journey towards West Africa for a project with French multi-energy major TotalEnergies. Following the completion of its conversion upgrade in Norway, Argeo Venture started the transit to Africa on

Wallenius Wilhelmsen reveals another billion-dollar deal with biofuel included
Wallenius Wilhelmsen secured a new contract worth more than $1 billion with a ‘leading global player’ in the premium car segment. The agreement covers both shipping and logistics services, as well as the use of biofuel.

Höegh Autoliners obtains new $720M loan for Aurora newbuilds, ship purchase
Höegh Autoliners has secured new and long-term financing for all its existing bank debt, the purchase of two vehicles carriers as well as four of the LNG-powered Aurora newbuilds.

European Commission approves €350M German renewable hydrogen scheme
The European Commission has approved a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool.

Provaris and GES agree to develop new hydrogen import facility in Rotterdam port
Provaris Energy and Global Energy Storage (GES) will develop a new gaseous hydrogen import facility at the GES terminal in the Rotterdam port.

Borr Drilling pulls off a hat trick as three rigs win multi-million gigs
Offshore drilling contractor Borr Drilling has landed new assignments for three premium jack-up rigs with undisclosed oil and gas players.