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Business Developments & Projects

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HMM takes delivery of LNG-ready HMM Ruby
Business Developments & Projects

HMM takes delivery of LNG-ready HMM Ruby

South Korean Hanwha Ocean has handed over a newbuild LNG-ready 13,000 TEU containership, HMM Ruby, to compatriot shipping company HMM.

about 2 years ago
Tambak-2 well, Mako field; Source: Coro Energy
Business Developments & Projects

Strides made in putting all project pieces in place for FID by year-end for gas field offshore Indonesia

Conrad Asia Energy has signed a gas sales agreement for the domestic portion of gas from the Mako field off the coast of Indonesia.

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about 2 years ago
Avolta and DB Schenker join forces on biofuel usage
Business Developments & Projects

Avolta and DB Schenker join forces on biofuel usage

Swiss-based travel retailer Avolta and German logistics provider DB Schenker have signed an agreement for the transport of goods using marine biofuel between Europe and the United States.

about 2 years ago
EU okays €3 billion German scheme in support of hydrogen network project
Business Developments & Projects

EU okays €3 billion German scheme in support of hydrogen network project

The European Commission (EC) has approved an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network (HCN).

about 2 years ago
European shipowner splashes $220 million on methanol-ready boxships at HJ Shipbuilding
Business Developments & Projects

European shipowner splashes $220 million on methanol-ready boxships at HJ Shipbuilding

HJSC secured a $220 million contract with a mystery European shipowner to construct two eco-friendly methanol-ready 7,900 TEU containerships.

about 2 years ago
Illustration; Source: Africa Oil Corp.
Business Developments & Projects

Africa Oil’s consolidation move brings new investor and opens doors to greater oil & gas growth opportunities

Africa Oil Corp. has struck a deal with BTG Oil & Gas to consolidate shareholdings in Prime, which has deepwater assets located offshore Nigeria.

about 2 years ago
Bergen Engines making strides toward 100% hydrogen-fueled engine
Business Developments & Projects

Bergen Engines making strides toward 100% hydrogen-fueled engine

Bergen Engines has revealed that the entire range of natural gas engines can now accommodate a 25% hydrogen blend at full load.

about 2 years ago
DOF continues it winning streak with Petrobras with two new contracts
Business Developments & Projects

DOF continues its winning streak with Petrobras with two new contracts

Norwegian vessel owner DOF Group has added more work to its to-do list for Brazilian oil and gas giant Petrobras by securing two new long-term contracts. The Brazil-built and flagged 142.2-meter-long pipelay support vessel (PLSV) Skandi Niterói has been given a three-year firm plus option contract,

about 2 years ago
Plug Power lands 25 MW PEM electrolyzer order in Europe
Business Developments & Projects

Plug Power lands 25 MW PEM electrolyzer order in Europe

U.S. Plug Power has secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe.

about 2 years ago
New eco-friendly bulk carrier delivered to GOGL
Business Developments & Projects

New eco-friendly bulk carrier delivered to GOGL

Golden Ocean Group Limited (GOGL) has received a newbuild environmentally-friendly bulk carrier from Dalian Shipbuilding Industry Company.

about 2 years ago
Proteus Marine Renewables’ cost-effective yaw system ready for deployment subsea
Business Developments & Projects

UK firm’s cost-effective yaw system ready for deployment subsea

Following the completion of acceptance testing, UK-based tidal energy company Proteus Marine Renewables’ (PMR’s) Yaw System for tidal turbines is now en route for deployment subsea.

about 2 years ago
Energy Emerger jack-up rig; Source: Northern Offshore
Business Developments & Projects

Jack-up rig sets the seal on drilling campaign offshore Oman

Masirah Oil has wrapped up a multi-well drilling program at a field in the Block 50 concession off the coast of Oman with a recently hired jack-up rig.

about 2 years ago
With financial support, Equinor backs Reach Subsea's USV qualification program
Business Developments & Projects

With financial support, Equinor backs Reach Subsea’s USV qualification program

Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing

about 2 years ago
Tchendo 2 MOPU; Source: Perenco
Business Developments & Projects

Rig repurposed into MOPU with three gas turbines starts its new lease on life in Africa

Perenco has turned the power production switch on at its new mobile offshore production unit (MOPU) offshore Congo, Africa.

about 2 years ago