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Business Developments & Projects

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UK firm picks its first international franchisee for fully autonomous USV charter fleet
Business Developments & Projects

UK firm picks its first international franchisee for fully autonomous USV charter fleet

UK-headquartered Zero USV has named Leeway Marine as its first international franchisee for its uncrewed surface vessel (USV) charter fleet in North America. According to Zero USV, Oceanus12 is designed for long-distance over-the-horizon operations and is mission agnostic, allowing a wide range of p

about 1 year ago
Trion development concept; Source: Woodside
Business Developments & Projects
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Big win for SLB as ‘major’ AI-enabled deepwater oil drilling gig lands on its task list

SLB has tucked a multi-well drilling assignment, which will incorporate artificial intelligence (AI), under its belt at a deepwater oil project 30 kilometers south of the Mexico-U.S. maritime border, which Australia’s energy giant Woodside operates.

about 1 year ago
A ship at an LNG terminal
Business Developments & Projects

Shell expands LNG portfolio with acquisition of Singaporean firm

Shell Eastern Trading has completed the acquisition of Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek.

about 1 year ago
Avenir’s bunker vessel to continuously run on bio-LNG in 2025
Business Developments & Projects

Avenir’s bunker vessel to continuously run on bio-LNG in 2025

LNG bunkering provider Avenir LNG has decided to run its 2022-built vessel Avenir Ascension on bio-LNG for the remainder of 2025.

about 1 year ago
Day rate contracts in South America and Africa come along to Argeo vessels
Business Developments & Projects

Day rate contracts in South America and Africa come along to Argeo vessels

Norwegian subsea services provider Argeo has signed new contracts under which its two vessels will be deployed offshore South America and Africa on oil & gas projects. The contracts will see Argeo Searcher perform autonomous underwater vehicle (AUV) survey work in South America and Argeo Venture AUV

about 1 year ago
Ocean Harvesting Technologies opens financing round to advance wave energy tech
Business Developments & Projects

Ocean Harvesting Technologies opens financing round to advance wave energy tech

Sweden’s Ocean Harvesting Technologies has launched a €200,000 financing round to support further development of its InfinityWEC wave energy converter (WEC) in 2025. The move is part of a larger €700,000 capital requirement for 2025-2027. InfinityWEC is currently being developed under two EU-funded

about 1 year ago
An offshore rig
Business Developments & Projects

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor.

about 1 year ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Business Developments & Projects

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl

about 1 year ago
LR approves ammonia dual-fuel system design for Trafigura’s newbuilds
Business Developments & Projects

LR approves ammonia dual-fuel system design for Trafigura’s newbuilds

The ammonia dual-fuel system designed for medium gas carriers (MGCs) being built for Trafigura has been approved by classification society Lloyd’s Register (LR).

about 1 year ago
'Sizeable' Northern Lights Phase 2 contract to keep Subsea7 busy for next two years
Business Developments & Projects

Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced las

about 1 year ago
Valaris DS-10 drillship; Source: Valaris
Business Developments & Projects

Valaris picks up multimillion-dollar gig for warm stacked drillship

Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.

about 1 year ago
An offshore rig
Business Developments & Projects

Duo looking to drill exploration well offshore Bulgaria by year-end

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.

about 1 year ago
G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone
Business Developments & Projects

G-TEC completes seabed survey in Dutch Doordewind offshore wind farm zone

G-TEC has completed a seabed survey in the Doordewind Wind Farm Zone (DDWWFZ) under a contract the Belgian geophysical survey specialist signed with the Netherlands Enterprise Agency (RVO) in 2024. The offshore work was carried out by G-TEC’s survey vessels Mainport GEO and Karina. Through the surve

about 1 year ago
EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today
Business Developments & Projects

EverLoNG: There are no showstopping regulations to prevent onboard CCS adoption today

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled shi

about 1 year ago