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Business Developments & Projects

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wind propulsion
Business Developments & Projects

Wind propulsion meets the naval sector: SOCARENAM, MAURIC win tender for wind-powered OPV

French shipbuilder SOCARENAM and compatriot naval architecture and marine engineering firm MAURIC have secured a tender for the design and construction of an offshore patrol vessel (OPV) that will combine hybrid propulsion with wind assisted propulsion.

about 1 year ago
Tyra II; Source: TotalEnergies
Business Developments & Projects

TotalEnergies bumps plateau production at giant North Sea gas project to month-end

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TotalEnergies has revised its plateau production timeline as ramp-up activities continue to ensure all fields will be up and running at full capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

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

India’s LNG terminal receives commissioning cargo

India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC), has received its inaugural commissioning liquefied natural gas (LNG) cargo at its terminal at Chhara Port in India’s Gujarat state.

about 1 year ago
Eco Wave Power, a wave energy developer, has hired Portuguese firm MOQ Engineering to handle the final design work and load calculations for its Porto wave energy project. This move brings the project
Business Developments & Projects

Eco Wave Power engages Portuguese engineering firm for Porto wave energy project

Eco Wave Power, a wave energy developer, has hired Portuguese firm MOQ Engineering to handle the final design work and load calculations for its Porto wave energy project. This move brings the project closer to its scheduled launch in 2026. According to Eco Wave Power, the project forms part of a 20

about 1 year ago
Illustration; Source: Proper Marine
Business Developments & Projects

Norwegian player bolsters design and engineering across maritime & offshore energy arenas with Brazilian firm buy

ABL Group has enlarged its capabilities in the engineering and design segments of the maritime and offshore energy landscape by bringing Proper Marine, a Brazil-based naval architecture and engineering consultancy, into its fold, which enables the latter to merge with the Norwegian company’s design

about 1 year ago
Klaipeda port steps closer to setting up ‘region’s first’ green hydrogen station
Business Developments & Projects

Klaipeda port steps closer to setting up ‘region’s first’ green hydrogen station

PEM electrolyzer provider has been selected for a new hydrogen production and refueling station at the Port of Klaipeda in Lithuania.

about 1 year ago
wind propulsion
Business Developments & Projects

Wind ship propulsion in maritime: 2024 was a year to remember

2024 was an exciting year in the ongoing development of the wind-assisted ship propulsion segment, with 54 large ships in operation and seven more designated as wind-ready.

about 1 year ago
New partnership looking into hydrogen network in Åland
Business Developments & Projects

New partnership looking into hydrogen network in Åland

Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to jointly explore opportunities for building a hydrogen network in Åland.

about 1 year ago
Fugro’s SEAWATCH® Wavescan® buoys provide real-time Geo-data on metocean parameters. Image credit: Fugro
Business Developments & Projects

Fugro awarded metocean monitoring contract to safeguard Italy’s marine and coastal ecosystems

Dutch geo-data specialist Fugro has secured a contract from Italy’s Institute for Environmental Protection and Research (ISPRA) to install and operate an offshore wave and current monitoring network (ROCA) to safeguard the country’s coastal and marine ecosystems. According to Fugro, the two-year pro

about 1 year ago
Shell has hired SLB for multi-region deepwater work across several assets; Source: SLB
Business Developments & Projects

Shell taps SLB for ‘major’ multi-region deepwater drilling gigs

SLB has landed a batch of new deals with Shell to handle drilling assignments, spanning several regions, including the UK sector of the North Sea, Trinidad and Tobago, and the Gulf of Mexico alongside others.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Business Developments & Projects

America and UK put two Russian oil majors on blacklist, as US sanctions spree spreads to 183 ‘shadow fleet’ vessels

The latest raft of sanctions, which comes from the United States (U.S.) and the United Kingdom (UK), targets Russia’s energy sector by focusing on two giant Russian oil producers alongside means of enabling crude oil production and exports.

21 minutes read
GRSE delivers next-gen electric ferry in West Bengal
Business Developments & Projects

GRSE delivers next-gen electric ferry in West Bengal

India’s Garden Reach Shipbuilders & Engineers (GRSE) has handed over a newbuild battery-powered electric ferry to the government of West Bengal.

about 1 year ago
An office building with a rainbow over it
Business Developments & Projects

Duo stepping in to steady the ship at Galp until new CEO is picked

Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.

about 1 year ago