Business Developments & Projects
DNV issues quality certification to Swedish wave energy company
Wave energy technology developer CorPower Ocean has received ISO 9001 certification through DNV – one of the leading global providers of accredited management systems certification and training.
Ex-platform supplier ready for subsea operations
Wagenborg Offshore has taken into service a subsea support vessel following the conversion from a platform supply vessel (PSV). The Kingsborg subsea support vessel is custom-made and specialized to support subsea activities and decommissioning works in the southern North Sea in a long-term agreement
Value Maritime inks first CCS review and approval for 4 new boxships
Dutch maritime technology company Value Maritime has signed its first CO2 capture and storage (CCS) review and approval for four newbuild container vessels with the US-based classification society the American Bureau of Shipping (ABS).
Fresh North Sea oil & gas discovery enriches Norwegian field’s hydrocarbon arsenal
Norwegian state-owned energy giant Equinor has made a new oil and gas discovery in the North Sea off Norway.
Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’
Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.
‘World’s 1st’ ammonia-powered containership set to debut in 2026, Yara says
Yara Eyde, which has been described as the world’s first containership to be powered by pure ammonia as fuel, is scheduled to enter the market in 2026, according to its developers. The vessel is being developed by ammonia producer and shipowner Yara Clean Ammonia and the Norwegian container operator
Nine Valaris rigs snap up multi-million drilling gigs with oil & gas giants, pushing total backlog to $3.2 billion
Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.
Tanger Med and Port Said included in EU ETS directive
The European Commission has included Tanger Med and Port Said, two pivotal transshipment hubs, in the European Union’s (EU) revamped carbon pricing regime for ships. This latest update, however, brings a marked change in the way emissions are assessed, and it extends its reach beyond EU borders, her
First steel cut for North Sea-bound unmanned gas production platform – gallery
Aker BP has celebrated the start of the construction phase for a platform, which is destined to be deployed in the North Sea offshore Norway.
Fugro and Ocean Infinity complete work at 3.6 GW floating wind project in Scotland
A geotechnical survey campaign has been completed at the Ossian floating offshore wind farm site in Scotland. Set to be located across 858 square kilometers of seabed off the east coast of Scotland, the project is a joint venture between SSE Renewables, Marubeni, and Copenhagen Infrastructure Partne
Boomsma Shipping and Leonhardt & Blumberg order up to eight low-emission dry cargo ships
Dutch shipowner Boomsma Shipping and German counterpart Leonhardt & Blumberg have placed a joint order for the construction of up to eight 8,500-ton low-emission dry cargo vessels, to be built by the Chowgule and Company – Shipbuilding Division Group in India. JR Shipping Shipbrokers & Consultants a
Uniper to receive ammonia from First Ammonia’s flagship project in Texas
German energy company Uniper and New York-headquartered ammonia plants developer First Ammonia have agreed to cooperate on a green ammonia project in the port of Victoria, Texas. The parties revealed their plans to cooperate on October 30 at the US-German Hydrogen Conference in Berlin. As part of th
Scandlines: Construction progresses on new zero direct emissions ferry
The construction of the new zero direct emission freight ferry ordered by Scandlines for the Puttgarden-Rødby route has begun to take shape, the Danish ferry company revealed.
Alfa Laval eyes business opportunities in hydrogen sector
Swedish sustainable solutions provider Alfa Laval is establishing a new business unit, ‘Business Unit Electrolyzer and Fuel Cell Technologies,’ intending to capture business opportunities in the hydrogen sector. It will be established by January 1, 2024, and will be part of the Energy Division. Alfa