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Business Developments & Projects

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ZTT cable china
Business Developments & Projects

ZTT to supply cables for 850 MW Chinese offshore wind project

ZTT Submarine Cable & System has won two engineering, procurement, construction, and installation (EPCI) contracts for the Guoxin Dafeng Offshore Wind Power Project in China. Under the submarine cable EPCI contracts, China’s ZTT will supply 243 kilometers of 35 kV inter-array cables and 185 kilomete

about 1 year ago
K Shipbuilding
Business Developments & Projects

CIP taps Færder Tankers and BW Epic Kosan to develop ammonia carrier fleet

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Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), has signed multiple memorandums of understanding (MoUs) with shipping companies to advance the development of ammonia-fueled carriers.

about 1 year ago
Illustration (Courtesy of Flex Marine Power)
Business Developments & Projects

Scottish company kicks off crowdfunding to back tidal turbine deployment

Scottish company Flex Marine Power has launched its second crowdfunding campaign on the Crowdcube platform, aiming to raise funds to deploy and test its SW2 tidal turbine at sea. According to Flex Marine Power, this follows a crowdfunding round in March, which raised £366,000 (approximately $461,00

about 1 year ago
Sallaum Lines
Business Developments & Projects

Sallaum Lines orders six dual-fuel PCTCs, dips further into Chinese market

Switzerland-based RoRo cargo shipping company Sallaum Lines has placed an order for six more dual-fuel/liquefied natural gas (LNG) pure car and truck carrier (PCTC) vessels in China. The company revealed that two of the newbuilds are set to be constructed by Fujian Mawei Shipbuilding and the remaini

about 1 year ago
Illustration of Nexans' new CLV done by Skipsteknisk; Source: Hydroniq Coolers
Business Developments & Projects

Progress in piecing together Nexans cable laying vessel continues with new equipment order

The latest equipment piece for a newbuild cable laying vessel (CLV), which is being constructed for Nexans, France’s cable systems designer and manufacturer, will fall into place, thanks to an order Ulstein Verft, a Norwegian shipyard, placed with Aalesund-based Hydroniq Coolers. The deal with Ulste

about 1 year ago
Photo of the Atlantic Guardian vessel (Courtesy of EMGS)
Business Developments & Projects

Electromagnetic Geoservices bags $10M contract for offshore survey in India

Norwegian Electromagnetic Geoservices ASA (EMGS) has secured a contract with an undisclosed client for a controlled-source electromagnetic (CSEM) survey offshore India, valued at approximately $10 million. According to EMGS, the survey includes a mobilization fee and will be carried out by the compa

about 1 year ago
German partners reveal plans for 10 MW offshore electrolyzer demo at Alpha Ventus
Business Developments & Projects

German partners reveal plans for 10 MW offshore electrolyzer demo at Alpha Ventus

German offshore wind and hydrogen developers plan to build an offshore electrolyzer demonstrator at the Alpha Ventus wind farm in the North Sea.

about 1 year ago
California Senate passes wave and tidal energy bill
Business Developments & Projects

Eco Wave Power to link wave energy to national grid at Jaffa Port

Eco Wave Power has unveiled preparations to inaugurate Israel’s first wave energy pilot project on December 5, 2024, at Jaffa Port, marking a step in the country’s renewable energy endeavors. The EWP-EDF One system, developed in collaboration with EDF Renewables Israel and supported by Tel Aviv-Yafo

about 1 year ago
Tangguh LNG; Source: BP
Business Developments & Projects

Saipem picks up $1 billion job on BP’s $7B integrated gas and CCUS project

Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).

about 1 year ago
MOL and MPA Singapore agree to advance maritime decarbonization initiatives
Business Developments & Projects

MOL and MPA Singapore agree to advance maritime decarbonization initiatives

Japanese shipping company Mitsui O.S.K. Lines (MOL) and the Maritime and Port Authority of Singapore (MPA) have deepened their collaboration on maritime decarbonization initiatives.

about 1 year ago
LNG
Business Developments & Projects

MSC, Eni team up on potential use of LNG and biofuels

Swiss shipping giant MSC Mediterranean Shipping Company has signed a Memorandum of Understanding (MoU) with Italy’s energy major Eni to explore the potential use of liquefied natural gas (LNG) and biofuels.

about 1 year ago
Damen
Business Developments & Projects

Damen, Herman Sr. shake hands on methanol-ready, diesel-electric multipurpose ship

Dutch shipbuilding major Damen Shipyards Group and compatriot tug and workboat company Herman Sr. have signed a letter of intent (LOI) for the construction of a new methanol-ready diesel-electric multipurpose vessel (MPV).

about 1 year ago
Showing the Sea Lion FPSO and the Phase 1 & 2 development field layout; Source: Navitas
Business Developments & Projects

Sea Lion’s first roar pushed back as costs rise to $1.4 billion for Falkland Islands’ oil project

Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.

about 1 year ago
FLNG Nguya; Source: Eni
Business Developments & Projects

FLNG milestone keeps Eni’s next chapter of African LNG story on track (Gallery)

Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.

about 1 year ago