Business Developments & Projects
Türkiye-built subsea vessel to get Nekkar crane
Nekkar’s subsidiary Techano Oceanlift has secured a contract with a Turkish shipyard worth approximately €6.5 million to deliver an offshore crane to a newbuild subsea IMR/survey vessel. Techano Oceanlift will supply a 150-tonne knuckle boom crane capable of performing subsea construction and topsid
45 yards included in the renewed EU list of ship recycling facilities
The European Commission adopted the 12th edition of the European List of ship recycling facilities featuring 45 yards. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list. These include Leyal Gemi Söküm Sanayi ve Ticaret Lt
PosHydon project nearing first hydrogen production, Neptune Energy says
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia
UK oil & gas firm buys into license off Equatorial Guinea in ‘potentially transformational deal’
UK-headquartered Europa Oil & Gas has entered into a license offshore Equatorial Guinea with the acquisition of an equity interest in Antler Global. Europa Oil & Gas has acquired a 42.9% equity interest in Antler Global which holds an 80% working interest in the recently acquired and highly prospect
Wintershall Dea and ORLEN swap interests offshore Norway
PGNiG Upstream Norway (PUN), part of the ORLEN Group, has signed an agreement with Wintershall Dea Norge for the swap of interests in upstream assets in Norway, a transaction that will increase PUN’s recoverable reserves of natural gas by more than 0.4 billion cubic meters. As part of the agreement,
Deutsche Energy Terminal to take charge of LNG infrastructure in Brunsbüttel
On January 1, 2024, German energy operator RWE will hand over the LNG infrastructure built in Brunsbüttel to the federally-owned operator Deutsche Energy Terminal (DET), around ten months after the first LNG import flow. DET is the authorized operator of the floating storage and regasification unit
Baron Oil agrees farm-up for Timor-Leste PSC
UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste
Germany greenlights DolWin4, Amprion’s first offshore grid connection
The German Federal Maritime and Hydrographic Agency (BSH) has issued a planning approval decision for the DolWin4 offshore grid connection in Germany’s Exclusive Economic Zone (EEZ) in the North Sea. DolWin4, the first offshore grid connection system being implemented by German transmission system o
PXGEO gets access to ‘core technology’ with acquisition of geophysical company
Marine geophysical service provider PXGEO has acquired 100% of the share capital of Oslo-headquartered AmpSeis, a geophysical company said to have developed an advanced ocean bottom node (OBN). PXGEO said that the acquisition of AmpSeis is a step forward in its strategy to be the technology leader i
Jinling Weihai delivers early Christmas gift to EPS
China Merchants Jinling Shipyard (CMJL) Weihai, also known as Jinling Weihai, has delivered the 7,000-CEU LNG dual-fuel car carrier CMA CGM Indianapolis to Singapore-based ship management company Eastern Pacific Shipping (EPS). The shipbuilder said that the delivery took place 102 days ahead of sche
Baleària adds electric-powered ferry Rusadir to its owned fleet
Spanish ferry company Baleària has bought Rusadir, an electric-powered ferry that has been working for the company since last March. The vessel, which has electric propulsion and dual gas engines, operates on the Malaga – Melilla route. The maritime company thus expands its eco-efficient owned fleet
Maersk planning to resume Red Sea transits
Danish container shipping major Maersk is preparing to resume vessel transits through the Red Sea following the deployment of naval assets in the region under the multi-national security initiative Operation Prosperity Guardian (OPG). Namely, the U.S. has launched a new multinational security operat
Chinese heavy lift pipelay vessel completes sea trial
The 216-meter-long heavy lift pipelay vessel JSD 6000, designed by Ulstein and built at the ZPMC shipyard in China, has completed its sea trial and has returned to the ZPMC Changxing Base. The completed sea trial includes the testing of the marine equipment, while the sea trial to test the mission e
Danish Shipping: Over 80% of new ship tonnage to sail on green fuels
More than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels, trade and employer association Danish Shipping said.