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Business Developments & Projects

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Malaysian oil & gas services provider performs 'Asia's first reverse S-lay'
Business Developments & Projects

Malaysian oil & gas services provider performs ‘Asia’s first reverse S-lay’

Malaysian oil and gas services provider Sapura Energy has completed what it says is the first reverse S-lay pipeline operation in Asia. The company’s heavy-lift pipelaying vessel Sapura 1200 performed the reverse S-lay pipeline decommissioning technique in a pipeline removal campaign in Thailand. Sa

about 2 years ago
Vessev
Business Developments & Projects

Vessev rolls out electric hydrofoiling vessel

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New Zealand-based sustainable marine technology company Vessev has unveiled VS-9, an electric hydrofoiling vessel, which is expected to unlock new opportunities in marine passenger transport.

about 2 years ago
BW Energy's outgoing CFO, Knut R. Sæthre; Source: BW Energy
Business Developments & Projects

New hire taking over the CFO helm at BW Energy

BW Energy has appointed a new Chief Financial Officer (CFO) to replace the current one after five years of tenure.

about 2 years ago
Bright yellow ocean energy device named Mocean Blue X
Business Developments & Projects

EMEC sets forth ‘key’ goals for UK ocean energy growth ahead of 2024 general election

The Orkney-based European Marine Energy Centre (EMEC) has outlined a set of manifesto asks for the July 4, 2024, general election to unlock green growth opportunities in ocean energy arenas in the UK waters.

about 2 years ago
General cargo vessel turns into cable recovery vessel in Estonia (Video)
Business Developments & Projects

General cargo vessel turns into cable recovery vessel in Estonia (Video)

An Estonian shipbuilding company has carried out the conversion of a general cargo vessel into a fully equipped cable recovery vessel at its premises in Tallinn. BLRT Repair Yards manufactured and installed five cable tanks in the cargo hold, each 8,200 mm high and 10,200 mm wide, weighing a total o

about 2 years ago
Ougarta LNG carrier; Source: Sonatrach
Business Developments & Projects

Sonatrach hands over first LNG cargo to Croatia and seals natural gas deal with Slovenian firm

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

about 2 years ago
SPA signing ceremony; Source: Santos
Business Developments & Projects

Santos pens ten-year LNG supply deal with Japanese firm

Santos has signed a binding multi-year LNG supply and purchase agreement (SPA) with Hokkaido Gas to provide LNG for the Hokkaido region.

about 2 years ago
FPSO Anna Nery; Source: Yinson
Business Developments & Projects

Yinson Production refinances FPSO working on Petrobras’ revitalization project with 18.2-year bond

Yinson Production has placed $1.035 billion senior secured notes to refinance an FPSO working for Petrobras in Brazil.

about 2 years ago
Illustration; Source: JDR Cable Systems
Business Developments & Projects

Interview with JDR: Spotlight on subsea cables’ starring role in oil & gas and renewable plays during transformation to greener energy mix

Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

about 2 years ago
Gasum and Equinor extend LNG bunkering agreement
Business Developments & Projects

Gasum and Equinor extend LNG bunkering agreement

Gasum and Equinor have signed a long-term contract whereby Gasum will continue to supply LNG to Equinor’s dual-fuel chartered fleet of vessels.

about 2 years ago
ship recycling
Business Developments & Projects

Brazil to get green ship recycling yard in Porto Central?

A memorandum of understanding (MOU) has been signed to explore the feasibility of establishing a ship recycling and decommissioning yard in Porto Central, Brazil.

about 2 years ago
Prysmian's Leonardo da Vinci cable laying vessel; Source: Prysmian
Business Developments & Projects

UK’s $3.2 billion subsea electricity superhighway embarking on construction works this winter

A HVDC project, bringing more green electricity to Britain from offshore wind farms, is set to enter the construction phase in winter 2024.

about 2 years ago
yellow buoy coming back to Holyhead Port for maintenance, after a year at sea.
Business Developments & Projects

Buoy comes back for maintenance after one year of gauging tidal energy device effects on wildlife

Menter Mon-managed wildlife monitoring buoy, in charge of collecting marine wildlife information off the coast of Holyhead, has been brought back to Holyhead Port for maintenance, after a year at sea.

about 2 years ago
Weathervane of Freedom on FSRU Independence; Source: KN Energies
Business Developments & Projects

Lithuania’s FSRU marks its tin anniversary with folk art depicting energy independence road

Lithuania’s FSRU has been decorated with a traditional weathervane to mark ten years since the vessel docked at the Klaipėda LNG terminal.

about 2 years ago