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Business Developments & Projects

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FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Business Developments & Projects

New order fires starting gun on next LNG-carrier-to-FLNG conversion work with $2.2 billion budget

Golar LNG is pooling resources with China’s CIMC Raffles and Black & Veatch to bring to life an MK II floating LNG (FLNG) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (mtpa).

about 2 years ago
A vessel sailing
Business Developments & Projects

Japanese duo’s FPSO and FSO repair method becomes ABS-certified

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Japan’s MODEC and Toray Industries have received what they say is the first of its type approval from the American Bureau of Shipping (ABS) for their process for in-situ ship repairs of floating production, storage, and offloading (FPSO) and floating storage and offloading (FSO) systems.

about 2 years ago
Poole Harbour, UK.
Business Developments & Projects

UK cosmetics company co-funds tidal energy project near its head office

LUSH Cosmetics, a UK-based cosmetics-sustainability leader, has partnered with Bournemouth University to co-fund a three-year PhD studentship aimed at exploring the development of a new tidal energy station in Poole Harbor, UK. If successful, the development of a 150 kWh tidal energy station in Pool

about 2 years ago
FSRU Excelsior; Source: Excelerate Energy
Business Developments & Projects

European firm sets up shop in Germany to handle work on Wilhelmshaven 2 LNG terminal

KN Energies (KN) has hung out its shingle in Germany by establishing a German subsidiary, KN Energies Deutschland, within its corporate group, which will be in charge of executing its assignment with the German state-owned company, Deutsche Energy Terminal (DET), by providing technical operation and

about 2 years ago
Industry heavyweights to advance ammonia dual-fuel 8,200 TEU boxship design
Business Developments & Projects

Industry heavyweights to advance ammonia dual-fuel 8,200 TEU boxship design

Swiss shipping major Mediterranean Shipping Company (MSC), classification society Lloyd’s Register (LR), German engine manufacturer MAN Energy Solutions (MAN ES) and Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a Memorandum of Understanding (MoU), which now includes the Lib

about 2 years ago
Joe Biden
Business Developments & Projects

US unlocks nearly $300 million for modernization of ferry systems

The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.

about 2 years ago
Rovco and Vaarst's new brand makes €17.8M investment in its fleet
Business Developments & Projects

Rovco and Vaarst’s new brand makes €17.8M investment in its fleet

Beam, a new brand formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst, has added two autonomous surface vessels (ASVs) and an electric work-class remotely operated vehicle (ROV) to its fleet. Under the brand-new name, the companies aim to bring technol

about 2 years ago
FSRU Alexandroupolis; Source: Gastrade
Business Developments & Projects

Countdown to commercial ops at European LNG terminal underway

Greece’s first offshore liquefied natural gas (LNG) terminal, which is expected to secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources, is fast approaching its commercial operations date, with less than two weeks left until start-up.

about 2 years ago
NYK
Business Developments & Projects

NYK and Oono Development to collaborate on sustainable ship recycling

In a big step toward advancing decarbonization efforts, Japanese shipping titan NYK and compatriot civil engineering company Oono Development have joined forces through a Memorandum of Understanding (MoU) to commercialize ‘environmentally friendly’ and responsible ship recycling in Japan. As disclos

about 2 years ago
UK-headquartered CRP Subsea has secured a contract from Norway-based ocean services provider DeepOcean to supply cable protection systems for RWE’s Nordseecluster A offshore wind project in the German
Business Developments & Projects

DeepOcean taps CRP Subsea for offshore wind cable protection systems

UK-headquartered CRP Subsea has secured a contract from Norway-based ocean services provider DeepOcean to supply cable protection systems for RWE’s Nordseecluster A offshore wind project in the German part of the North Sea. Under this contract, CRP Subsea will supply 96 NjordGuard cable protection s

about 2 years ago
A view of a rocky coastline in the foreground and an offshore platform in the background
Business Developments & Projects

Australian firm formally secures UK offshore license trio

Three new licenses awarded to ASX-listed Hartshead Resources as part of the UK’s oil and gas licensing round organized by the country’s regulator, the North Sea Transition Authority (NSTA), have been fully executed.

about 2 years ago
New alliance to work on offshore ammonia cracking solution
Business Developments & Projects

New alliance to work on offshore ammonia cracking solution

Amogy, HD KSOE, POSCO, Seoul National University (SNU) and ABS have partnered up to jointly explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

about 2 years ago
ABS and HD KSOE to work on innovative systems for zero-carbon ships
Business Developments & Projects

ABS and HD KSOE to work on innovative systems for zero-carbon ships

Classification society ABS and South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding (MOU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships.

about 2 years ago