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Business Developments & Projects

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A large vessel at dock
Business Developments & Projects

Venture Global and Baker Hughes expand collab on US LNG plants

U.S. liquefied natural gas (LNG) export project developer Venture Global has placed an order with energy company Baker Hughes for equipment for its LNG projects in the United States. The duo has also signed a multi-year services frame agreement.

about 1 year ago
Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada
Business Developments & Projects

Zeabuz and Future Marine unite to develop autonomous electric ferries in Canada

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Norway-based autonomous maritime technology company Zeabuz has partnered with Canada’s Future Marine to develop and pioneer autonomous electric ferries in Canada.

about 1 year ago
Evonik and VoltH2 to advance hydrogen production in the Netherlands
Business Developments & Projects

Evonik and VoltH2 to advance hydrogen production in the Netherlands

German specialty chemicals company Evonik has signed a term sheet with Dutch energy company VoltH2 to advance green hydrogen production at the Delfzijl chemical park in the Netherlands.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Petrobras credits Santos Basin fields for uptick in oil & gas reserves

Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.

about 1 year ago
Halliburton
Business Developments & Projects

Halliburton scores its largest service contract with Petrobras

U.S.-headquartered oilfield services company Halliburton has secured what it says is its largest service contract with Brazil’s oil & gas giant Petrobras, for the delivery of offshore drilling services. Under the contract that is a result of a competitive process, Halliburton will provide integrated

about 1 year ago
Nel and KHNP looking into development of clean hydrogen production technology
Business Developments & Projects

Nel and KHNP looking into development of clean hydrogen production technology

Norwegian company Nel has signed a memorandum of understanding (MoU) with South Korean power generation company Korea Hydro & Nuclear Power (KHNP) to collaborate on clean hydrogen production technology.

about 1 year ago
MODEC and TOYO receive stamp of approval for blue ammonia FPSO
Business Developments & Projects

MODEC and TOYO receive stamp of approval for blue ammonia FPSO

MODEC and TOYO have jointly designed the Blue Ammonia FPSO which will produce ammonia from the gas supplied by oil and gas FPSO located nearby.

about 1 year ago
REGENT breaks ground on ‘world’s first’ seaglider manufacturing facility
Business Developments & Projects

REGENT breaks ground on ‘world’s first’ seaglider manufacturing facility

REGENT Craft, a U.S. developer of all-electric seagliders, has started the construction of what is said to be the “world’s first” seaglider manufacturing facility in North Kingstown, Rhode Island.

about 1 year ago
Nova Innovation's floating solar units (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation’s floating solar withstands Storm Éowyn’s fury

Scotland-based Nova Innovation’s floating solar demonstrator at the Port of Leith has proven its resilience after withstanding Storm Éowyn, described by the Met Office as “probably the strongest to hit the UK in the past 10 years.” According to Nova Innovation, the extreme weather event left over a

about 1 year ago
UK ROV under construction for Spanish subsea services provider
Business Developments & Projects

UK ROV under construction for Spanish subsea services provider

UK’s Forum Energy Technology (FET) has secured a contract to supply a work-class remotely operated vehicle (ROV) system and a Dynacon launch and recovery system (LARS) to Spanish maritime survey and ROV services operator ACSM. The FET Perry XLX EVO II will be delivered in the third quarter of 2025 t

about 1 year ago
Metacon
Business Developments & Projects

Metacon grows stake in Pherousa and CO2-free, ammonia-fueled deep-sea shipping

Swedish developer and manufacturer of energy systems Metacon has, through its subsidiary Metacon SA, increased its shareholding in Norway’s technology transfer company Pherousa Green Technologies, now re-named Pherousa, to approximately 35 percent of the capital.

about 1 year ago
A man sitting behind a desk looking at an illustration of a vessel on two computer screens
Business Developments & Projects

Digital twin tech helping BP optimize offshore operations across three continents

UK-headquartered energy giant BP has signed a new contract with digital twin software provider Aize enabling the latter to provide visualization services for various offshore assets operated by the UK firm.

about 1 year ago
Port of Harstad launches shore power for ships at Larsneset terminal
Business Developments & Projects

Port of Harstad launches shore power for ships at Larsneset terminal

Norway’s Harstad Havn (Port of Harstad) has launched shore power for ships at Larsneset terminal, expanding its green energy services.

about 1 year ago
MAN ES checks off new milestone as full-scale ammonia engine runs at 100% load
Business Developments & Projects

MAN ES checks off new milestone as full-scale ammonia engine runs at 100% load

The full-scale, two-stroke engine running on ammonia has been undergoing testing at Research Centre Copenhagen (RCC) facility since November 2024.

about 1 year ago