Business Developments & Projects
Heerema’s giant vessel removes North Sea platform
DNO has wrapped up the last major offshore operation under its multi-year decommissioning programme in the North Sea.
Eco Wave Power cuts first quarter losses
Eco Wave Power has released its financial report for the first quarter of 2023, showing a decrease in net loss when compared to the same period a year earlier.
Port of Felixstowe, Westwell pen deal for 100 autonomous trucks
Port of Felixstowe, part of the Hutchison Ports’ network, and Shanghai Westwell Technology Co. Ltd (Westwell) have signed an agreement for an additional 100 battery-powered autonomous Q-Trucks. The order follows a tender exercise and a thorough testing and evaluation process. Hutchison Ports first i
Ardmore returns to VM for carbon capture-ready Filtree systems
New York-listed product and chemical tanker company Ardmore Shipping Corporation has ordered Value Maritime’s (VM) carbon capture-ready Filtree systems. for additional three MR Tankers Having already signed for six Filtrees at the end of last year, the additional three ships to be made carbon captur
Dutch province grants €1.2 million for osmotic power pilot scale-up
Dutch province of Friesland has made available €1.2 million for scaling up the Blue Energy project, which generates clean electricity through the osmosis process.
Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention
Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.
Akuo brings online 8.7MWp floating solar plant in France
Akuo has commissioned a new 8.7MWp floating solar power plant in Cintegabelle, near Toulouse in southern France.
In push to make seismic acquisition fully autonomous, next-gen OBN handling system comes to market
PXGEO and Saab have developed what is said to be a next-generation ocean bottom node (OBN) handling system in a push to make offshore seismic data acquisition fully autonomous. According to the partners, the next-generation MantaRay OBN handling system uses hovering autonomous underwater vehicles (H
May brings upsurge in international offshore rig count activity
Baker Hughes’ international rig count report indicates that the number of offshore rigs was on an upward trajectory in May 2023.
Mitsubishi Shipbuilding to develop an ammonia fuel supply system for WinGD
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). T
Mediterranean gig for PGS
Oslo-headquartered seismic company PGS has secured a 3D exploration acquisition contract in the Mediterranean with an undisclosed company. Seismic vessel Ramform Hyperion is in charge of carrying out the work and is set to mobilize for the survey late in the third quarter of 2023. According to PGS,
In focus: Investments in clean energy to top $1.7 trillion in 2023
Worldwide investments in clean energy are projected to reach $1.74 trillion in 2023, a 7.6 percent increase compared to $1.617 trillion invested in green energy in 2022, according to a recent report by the International Energy Agency (IEA). The investments in fossil fuels are also expected to rise,
LDA, VPLP & Alwena team up on wind assisted/propelled containership
Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
DEME awards Dogger Bank A cable termination & testing contract
Correll Group, Cable Installation & Power Services Division has been contracted by DEME Offshore to complete the inter-array cable termination and testing on wind turbines and the offshore substation platform on the first phase of the Dogger Bank offshore wind farm in the UK. The 3.6 GW Dogger Bank