Business Developments & Projects

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off
Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

WATCH: Peninsula supplies MSC containership with LNG in Gibraltar
Maritime fuel supplier Peninsula has delivered LNG to MSC Virginia containership, owned by shipping major MSC Mediterranean Shipping Company, at the Gibraltar anchorage. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel Levante LNG completed the LNG bunker supply to the MSC Virgin

VINCI wins cruise ship shore power deal at HAROPA PORT
A consortium comprised of subsidiaries from VINCI Energies and VINCI Construction has won a contract for the implementation of a high-voltage power supply system at HAROPA PORT’s Pointe de Floride terminal. The system is expected to cut emissions by 15,000 tonnes of CO2 equivalent a year, according

Eidesvik and DEME shake hands for ship management agreement extension
Eidesvik Offshore has signed an extension to its ship management agreement with DEME for the construction support vessel (CSV) Viking Neptun. Eidesvik has provided full technical management, crewing and operation of Viking Neptun since December 2022 and this agreement extends the firm period to Janu

After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project
Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c

NWEA: We need to standardize offshore wind industry to reach targets
2023 was an exciting year for offshore wind, but there are still major challenges to tackle, said Jan Vos, Chairman of the board of the Netherlands Wind Energy Association (NWEA), at the Offshore Energy Exhibition & Conference (OEEC) 2023, proposing standardization in the industry. Vos affirmed that

BP hands chief financial officer role to its interim CFO
UK-headquartered energy giant BP has decided to appoint its interim Chief Financial Officer (CFO) to the CFO role.

Yara Marine Technologies has a new owner
Norway-based technology company Yara Marine Technologies (YMT) has been acquired by Switzerland-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.

MOL emerges as preferred supplier of Poland’s first FSRU
After revealing two potential suppliers in November 2023, Poland’s natural gas transmission system operator GAZ-SYSTEM has now selected Japanese shipping major Mitsui O.S.K. Lines (MOL) as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned L

Evergreen Marine, X-Press Feeders to launch first European green methanol-powered feeder network
Taiwanese shipping firm Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with Singapore-based independent common carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual-fuel green methanol vessels.

Jan De Nul picks tensioner systems provider for entire CLV fleet
Jan De Nul has appointed MacArtney Offshore Wind Solutions to design and deliver custom tensioner systems for its entire cable-laying vessel (CLV) fleet. MacArtney’s scope implies the design, construction and delivery of advanced CEMAC tensioner systems for Jan De Nul’s CLV fleet that includes the C

Potential site identified for Malta’s first grid-connected floating solar project
A site located within Malta’s territorial waters has been identified as the potential location for the country’s first grid-connected floating solar project, Maltese Minister for Environment, Energy and Enterprise Miriam Dalli announced. A preliminary market consultation (PMC) has been launched to a

Seatrium scoops contract for TMS Cardiff Gas LNG carriers repairs and upgrades
Singapore’s Seatrium, previously known as Sembcorp Marine, has secured a favored customer contract (FCC) with Greek shipping company TMS Cardiff Gas for the repairs and upgrades of LNG carriers. Seatrium announced the contract via social media update on February 2, saying it will carry out repairs a

FID reached for Hydrogen Hub Agder as Everfuel transfers ownership to Greenstat
Danish green hydrogen company Everfuel has transferred its ownership in the planned 20 MW Hydrogen Hub Agder electrolyzer to the project partner Greenstat Hydrogen. The final investment decision (FID) on the project has also been reached. Back in 2021, Everfuel and Greenstat formed a joint venture t