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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Wärtsilä’s €200M revenue ANCS unit to be sold to Solix Group

Finnish technology heavyweight Wärtsilä is set to divest its Automation, Navigation and Control System (ANCS) business to the Swedish investment company Solix Group AB. Pending formal approvals, the transaction is expected to be completed in the second quarter of 2025. ANCS—which was acquired by Wär

about 1 year ago

Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier

Business Developments & Projects

SBM Offshore’s new Brazil-bound FPSO sets sail from China toward Petrobras’ giant oil field

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Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the pre-salt layer of the Santos Basin, arrives to achi

about 1 year ago

Amaralina Star drillship; Source: Constellation Oil Services

Business Developments & Projects

Petrobras books Constellation drillship for drilling ops in Brazilian waters

Constellation Oil Services has won a new multi-year assignment off the coast of Brazil for one of the drillships in its rig fleet with the state-owned energy giant Petrobras.

about 1 year ago

Business Developments & Projects

Ex-PSV to join Geoquip’s fleet after makeover

Geoquip Marine, a provider of offshore geotechnical solutions, has added a new vessel to its fleet, currently undergoing conversion from a platform supply vessel (PSV) into a geotechnical services platform. As part of the conversion in Norway, Geoquip Silvretta, originally built as a PSV by Green Ya

about 1 year ago

Business Developments & Projects

Boskalis brings two-year job at Woodside’s huge gas project off Australia to an end

Boskalis has set the seal on its assignment at a giant $12.5 billion energy project, which is on track to achieve its first liquefied natural gas (LNG) cargo in 2026 off the coast of Western Australia.

about 1 year ago

Business Developments & Projects

Port of Hamburg gets its ‘first’ remote-controlled container gantry cranes

Container Terminal Altenwerder (CTA) has received three new highly automated container gantry cranes, the first of their kind at Germany’s Port of Hamburg.

about 1 year ago

Business Developments & Projects

Dyna-Mac parts ways with CEO of 4 years

The board of directors of Singapore-based offshore builder Dyna-Mac, which is now part of South Korea’s Hanwha Ocean, has decided to dismiss its chief executive officer (CEO) and executive chairman.

about 1 year ago

Business Developments & Projects

OEEC: CCS will employ as many people as oil & gas at its peak

Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply

11 minutes read

Business Developments & Projects

LONGi Hydrogen’s electrolyzers picked for mystery project in Norway

LONGi Hydrogen has been awarded a contract to supply multiple sets of 1,000 Nm3/h Hi1 electrolyzers for an undisclosed project in Norway.

about 1 year ago

Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling

Business Developments & Projects

Fresh oil & gas discovery comes to light in North Sea’s ‘exploration hotspot’

Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.

about 1 year ago

Business Developments & Projects

PIL adds second 14K TEU LNG dual-fuel newbuild to its fleet

Singapore-based shipping company Pacific International Lines (PIL) has taken delivery of its second 14,000 TEU LNG dual-fuel containership from Jiangnan Shipyard in China.

about 1 year ago

A rendering of multiple platform supply vessels at sea

Business Developments & Projects

Petrobras’ fleet modernization quest leads to deals for 12 new PSVs, with more to follow

Brazil’s state-owned energy giant Petrobras has signed contracts for the construction and chartering of 12 platform supply vessels (PSVs) and is expected to hand out a contract for six more.

about 1 year ago

Business Developments & Projects

Fugro on ground investigation duty for Equinor’s European CO2 highway

Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate

about 1 year ago

Business Developments & Projects

Chevron’s gas to power Australian alumina plants until late 2030s

Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.

about 1 year ago