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Business Developments & Projects

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Fossil EnergyOil & GasAuthorities & GovernmentBusiness & FinanceRegulation & PolicyDecommissioningSubseaSurveys & InterventionsEnvironmentInfrastructureOutlook & StrategyProject & TendersFloating SolarMarine EnergyOffshore WindTidal & Wave EnergyEnergy Efficiency & InnovationGreen MarineEquipmentFPSO & VesselsExploration & ProductionCablingVessels & VehiclesVesselsAlternative FuelsAmmoniaClean FuelCollaborationLiquefied Natural GasMethanolInnovationTransitionVisionRigsHydrogenProductionTechnology & Innovation
Illustration; Source: Eco Atlantic
Business Developments & Projects

Oil & gas firm picks up block in ‘prolific’ Orange Basin and drops another one in South Africa

Eco (Atlantic) has set the wheels into motion to take over a majority stake and operator role at an offshore block in the Orange Basin, which is said to be on trend with recent giant oil discoveries offshore Namibia.

about 2 years ago
DeepOcean adds 120-day offshore recycling job to its task list
Business Developments & Projects

DeepOcean adds 120-day offshore recycling job to its task list

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Norway-based ocean services provider DeepOcean has been appointed to perform a 120-day recycling campaign on the UK continental shelf (UKCS) for an international operator. The campaign is divided into five sub-campaigns, each addressing specific tasks crucial for the decommissioning process, includi

about 2 years ago
EU flag; Courtesy of the European Commission; Credit: Mauro Bottaro
Business Developments & Projects

Italy to launch offshore renewable energy Contract for Difference auction

Italy is set to launch a Contract for Difference (CfD) auction scheme through which the government will select and support renewable energy projects, including floating solar, tidal, and wave energy.

about 2 years ago
AYRO rebrands as OceanWings, expands its portfolio
Business Developments & Projects

AYRO rebrands as OceanWings, expands its portfolio

French designer and manufacturer of wingsail solution AYRO has decided to rebrand as OceanWings and introduce an expanded wingsail portfolio designed to adapt to the cargo needs of ships of various types and sizes.

about 2 years ago
The appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Business Developments & Projects

TotalEnergies and its partners smoothing the way for FID on Suriname’s offshore oil project

TotalEnergies is making inroads in laying the groundwork to make a final investment decision (FID) for a giant oil project in Block 58 off the coast of Suriname by the end of 2024.

about 2 years ago
Palfinger to equip another Prysmian cable layer with major package
Business Developments & Projects

Palfinger to equip another Prysmian cable layer with major package

Palfinger Marine has secured a contract to supply a major equipment package for Prysmian’s new cable-laying vessel (CLV) currently under construction, marking the third cable-layer owned by the Italian cabling giant to sport Palfinger equipment. Following previous orders to equip the Leonardo da Vin

about 2 years ago
New partnership targets VLAC design development
Business Developments & Projects

New partnership targets VLAC design development

Naftomar Shipping And Trading, Hanwha Ocean and Bureau Veritas (BV) have partnered up for the design development of a very large ammonia carrier (VLAC).

about 2 years ago
Batangas terminal; Source: First Gen
Business Developments & Projects

As another LNG shipment reaches offshore terminal, Philippine firm pursuing long-term supply options

Following an LNG shipment received at Batangas terminal, First Gen is looking to ensure energy security with longer contracts.

about 2 years ago
World-largest and industry's first dual-fuel fallpipe vessel joins DEME's fleet
Business Developments & Projects

World-largest and industry’s first dual-fuel fallpipe vessel joins DEME’s fleet

DEME Group has launched what is said to be the world’s largest fallpipe vessel, set to be prepared for green methanol and the first dual-fuel fallpipe vessel in the industry. Princess of Belgium, Her Royal Highness Princess Astrid, officially named the new fallpipe vessel Yellowstone in Zeebrugge, B

about 2 years ago
DS Carolina drillship; Source: Ventura Offshore
Business Developments & Projects

25-year-old Brazilian offshore drilling player starts its new growth chapter

Brazil’s Ventura Offshore Holding is celebrating its first day of trading on the Euronext Growth stock exchange market in Oslo, Norway.

about 2 years ago
Shelf Drilling Tenacious jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Multimillion-dollar job taking Shelf Drilling jack-up rig to West Africa

Shelf Drilling has picked up a long-term drilling assignment for one of its jack-up rigs off the coast of West Africa.

about 2 years ago
Seatrium yard; Source: Seatrium
Business Developments & Projects

BP entrusts Singapore player with early works on its newbuild Gulf of Mexico-bound floating production unit

BP has hired Seatrium to handle early engineering works for its newbuild FPU, which will be deployed at its deepwater project in the U.S. Gulf of Mexico.

about 2 years ago
EU and Japan step up hydrogen cooperation
Business Developments & Projects

EU and Japan step up hydrogen cooperation

Clean Hydrogen Partnership signed a cooperation agreement with Japan’s New Energy and Industrial Technology Development Organization (NEDO).

about 2 years ago
LR
Business Developments & Projects

LR, GSI partner up on ‘world’s largest’ ammonia carrier

UK class society Lloyd’s Register (LR) and Chinese shipbuilder Guangzhou Shipyard International (GSI) have signed a joint development project (JDP) for the design of the world’s largest very large ammonia carrier (VLAC) with a carrying capacity of 100,000 cbm.

about 2 years ago