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Business Developments & Projects

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ONE
Business Developments & Projects

ONE dips further into Southeast Asia with Indonesian terminal acquisition

In a bid to “bolster” its presence in Southeast Asia, Singapore-based shipping major Ocean Network Express (ONE) has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Indonesia’s capital city of Jakarta. As informed, the NPCT1—built in 2016 as part of efforts to expand the Tan

about 1 year ago
Dieter Korndörffer, Managing Consultant at Enersea
Business Developments & Projects

Enersea launches new company at OEEC 2024

The Netherlands-based Enersea has expanded its corporate portfolio with the introduction of its third sister company, unveiled during the opening day of the Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, Netherlands. Dieter Korndörffer, Managing Consultant at Enersea, unveiled the laun

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about 1 year ago
CORE POWER and Westinghouse join forces to develop floating nuclear power plant
Business Developments & Projects

CORE POWER and Westinghouse join forces to develop floating nuclear power plant

Westinghouse Electric Company has signed a cooperative agreement with CORE POWER to design and develop a floating nuclear power plant (FNPP).

about 1 year ago
Wärtsilä
Business Developments & Projects

Wärtsilä’s propulsion package handpicked by PGT

Finland’s technology giant Wärtsilä is set to supply an integrated propulsion package for a new ship being constructed for the British tanker owner and operator Pritchard-Gordon Tankers (PGT) as part of the latter’s low emissions-focused fleet renewal program. As disclosed, the package comprises a ‘

about 1 year ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
Business Developments & Projects

Eni expands offshore oil & gas acreage in Côte d’Ivoire ahead of its giant project’s next chapter

Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.

about 1 year ago
Previously disclosed preferred tie-in point of Anning and Somerville fields to Shell’s infrastructure (Corvette and Leman-A platforms); Source: Hartshead
Business Developments & Projects

UK’s new fiscal regime keeps North Sea gas project ‘robust and high value’ but alternate export route on the table

ASX-listed Hartshead Resources and Viaro Energy, through its wholly-owned subsidiary RockRose Energy, are working on progressing the development of their gas project in the UK sector of the North Sea.

about 1 year ago
CLV Fu Yang at Yangjiang Qingzhou 6 offshore wind farm project site; Source: Fulan Offshore
Business Developments & Projects

Cable laying vessel hard at work on offshore wind project (Gallery)

China-headquartered subsea cable vessel owner and operator Fulan Offshore has deployed its cable laying vessel (CLV) for inter-array cable installation at a giant offshore wind project in Chinese waters.

about 1 year ago
Rotterdam-Singapore green corridor conducts pilot liquefied bio-methane bunkering
Business Developments & Projects

Rotterdam-Singapore green corridor conducts pilot liquefied bio-methane bunkering

Partners in the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) initiative have concluded a pilot for the bunkering of mass-balanced liquefied bio-methane (LBM),

about 1 year ago
Black Sea map; Source: OMV Petrom
Business Developments & Projects

Israel’s NewMed getting in on Black Sea hydrocarbon exploration ops

OMV Petrom has struck a deal with NewMed Energy for the transfer of a partial stake in an offshore block in Bulgaria’s part of the Black Sea, enabling the latter to join the upcoming exploration activities in search for more hydrocarbons.

about 1 year ago
Tartaruga field; Source: Petrobras
Business Developments & Projects

Petrobras launches divestment of shallow water oil & gas field offshore Brazil

Petrobras has kicked off the opportunity disclosure stage for the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil.

about 1 year ago
U-Ming opts for Anemoi rotor sails on ore carrier, eyes up to 12% fuel and emission savings
Business Developments & Projects

U-Ming opts for Anemoi rotor sails on ore carrier, eyes up to 12% fuel and emission savings

U-Ming decided to install four rotor sails from Anemoi Marine Technologies on one of its 325,000 dwt very large ore carriers (VLOC).

about 1 year ago
WaveX has signed a memorandum of understanding (MoU) with a compatriot consultancy company, Floating Solutions Consulting (FSC).
Business Developments & Projects

WaveX partners with compatriot firm to optimize its wave energy technology

Australian renewable energy business WaveX has signed a memorandum of understanding (MoU) with a compatriot consultancy company, Floating Solutions Consulting (FSC). According to WaveX, under the MoU, FSC is to apply its expertise in operations and maintenance (O&M) from the oil and gas and defense

about 1 year ago
Transocean Endurance rig; Source: Songa Offshore, now part of Transocean
Business Developments & Projects

Transocean rig boosting staff safety with UK player’s zone monitoring tech

Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.

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

British players shake hands on quest to broaden subsea power delivery horizons

In response to growing demand for decarbonization solutions within the global energy sector, Verlume is pooling resources with Proserv to enhance subsea power delivery offering.

about 1 year ago