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Business Developments & Projects

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Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project.
Business Developments & Projects

Floating solar systems to use recyclable materials in EU-backed project

Through its Construction Technology Center, Spanish company ACCIONA has unveiled a new circular, eco-friendly breakwater concept for floating solar systems as part of the EU-funded SUREWAVE project. This breakwater is designed to shield offshore floating photovoltaic (FPV) systems from harsh sea con

about 2 years ago
GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel
Business Developments & Projects
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GTT lands tank design deal for new TotalEnergies-chartered LNG bunkering vessel

French technological containment specialist Gaztransport & Technigaz (GTT) has secured a new tank design order from Chinese shipyard Hudong-Zhonghua for a new LNG bunkering vessel being built for Ondimar Transportes Marítimos, a company of Spanish Ibaizabal Group. The order for the tank design of th

about 2 years ago
RTG
Business Developments & Projects

Japan: ‘First’ cargo handling ops using hydrogen-fueled RTG begin

First cargo handling operations using a hydrogen-fueled rubber-tired gantry (RTG) crane have begun in Japan.

about 2 years ago
Outer Harbor project site in February 2024; Source: Venice Energy
Business Developments & Projects

US firm bankrolls its Singapore arm’s entrance into Australian LNG market

Nebula Energy will foot the bill for its majority-owned AG&P LNG to spread its wings into the Australian liquefied natural gas (LNG) arena with the acquisition of Venice Energy, a developer of an import terminal project in South Australia, which is said to be the world’s first floating LNG (FLNG) im

about 2 years ago
'First-of-its-kind' open-access CO2 storage concept gets €225 million EU support
Business Developments & Projects

‘First-of-its-kind’ open-access CO2 storage concept gets €225 million EU support

UK’s energy services provider Altera Infrastructure and oil and gas company Harbour Energy have secured up to €225 million in grant funding from the EU Innovation Fund for what is said to be the first-of-its-kind large-scale solution for CO2 sequestration using shared, flexible offshore infrastructu

about 2 years ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Business Developments & Projects

As Singapore FPSO builder’s directors back its bid, South Korean shipbuilder closing in on takeover deal

The sweetened deal South Korea’s shipbuilder Hanwha Ocean made with an 11.67% rise in its final offer seems to have worked its magic, as the independent directors of Singapore-based offshore builder Dyna-Mac have recommended to shareholders to accept the cash offer.

about 2 years ago
Trafigura forms joint venture company with Spanish oil operator
Business Developments & Projects

Trafigura forms joint venture company with Spanish oil operator

Global commodity trading group Trafigura and oil operator Meroil S.A. have created a joint venture company that includes storage infrastructure for biofuels within the port of Barcelona. Following Trafigura’s acquisition of 50% of the shares in Meroil Tank S.L. from Meroil for an undisclosed sum, Me

about 2 years ago
Ocean Onyx semi-submersible rig; Source: Noble
Business Developments & Projects

Noble anticipates step-up in floater rig demand as deepwater oil & gas plays become ‘critical’ to global energy security

Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the global security of energy supply.

about 2 years ago
Illustration; Source: BOEM
Business Developments & Projects

US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

about 2 years ago
Hydrogen, maritime projects among winners of €4.8 billion EU grant
Business Developments & Projects

Hydrogen, maritime projects among winners of €4.8 billion EU grant

The European Commission has selected 85 net-zero projects, including those involving hydrogen and maritime, to receive €4.8 billion in grants from the Innovation Fund.

about 2 years ago
Sleipner field in North Sea; Credit: Øyvind Gravås and Bo B. Randulff/Equinor
Business Developments & Projects

Update: North Sea platform still offline after smoke incident

Equinor has confirmed that the production at an unmanned production platform on a gas field in the North Sea offshore Norway remains shut in, following the appearance of smoke, with no impact on committed gas exports currently anticipated.

about 2 years ago
Island Innovator rig; Source: Island Drilling
Business Developments & Projects

Island Drilling rig makes a stop at shipyard in Las Palmas

Canarship has confirmed the arrival of a semi-submersible rig to the Port of Las Palmas. This rig is owned by Norway’s Island Drilling.

about 2 years ago
RVO TGS Doordewind
Business Developments & Projects

TGS completes soil survey for Doordewind offshore wind zone

TGS has carried out a three-dimensional Ultra High-Resolution Seismic (3D UHRS) soil survey in the Doordewind Wind Farm Zone in the Netherlands. Commissioned by the Netherlands Enterprise Agency (RVO), the 3D UHRS soil survey was conducted in the North Sea for the first time from mid-June to the end

about 2 years ago
Yung-Hsiang, Lai, CEO of MIRDC, and Dr Matthew Rowe, Director, Power Grids, APAC, Energy Systems, DNV.
Business Developments & Projects

Taiwan’s renewable energy goals to be supported by DNV-MIRDC partnership

Classification society DNV has signed a memorandum of understanding (MoU) with Taiwan’s Metal Industries Research & Development Centre (MIRDC) to collaborate on renewable energy technologies, including floating solar, among others. The MoU solidifies a three-year partnership aimed at enhancing Taiwa

about 2 years ago