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Business Developments & Projects

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Ship cabin image on the sea representing twelfth Request For Technical Support (RFTS), the U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program.
Business Developments & Projects

US research program backs eleven marine energy projects

Ship cabin image on the sea representing twelfth Request For Technical Support (RFTS), the U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program.

about 2 years ago
Plug Power gets conditional loan of up to $1.66 billion for hydrogen projects
Business Developments & Projects

Plug Power gets conditional loan of up to $1.66 billion for hydrogen projects

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Plug Power has received a conditional commitment for an up to $1.66 billion loan guarantee from the U.S. Department of Energy (DOE) to finance green hydrogen projects.

about 2 years ago
Illustration; Source: ADES
Business Developments & Projects

ADES firms up jack-up rig’s drilling gig in Thailand

ADES has ironed out all the details for a new offshore drilling assignment, which will be undertaken by one of its jack-up rigs off the coast of Thailand.

about 2 years ago
Reach Subsea achieves record order backlog as it pursues 'large untapped potential' within group
Business Developments & Projects

Record order backlog for Reach Subsea as it pursues ‘large untapped potential’ within group

Norway’s Reach Subsea has reported record financial results for the first three months of 2024 with the order backlog reaching NOK 1.3 billion (about €111.5 million), a 60% increase compared to the first quarter of 2023. Revenue for Q1 2024 was NOK 575.3 million, a 146% increase compared to NOK 234

about 2 years ago
National associations commit to advancing clean hydrogen across Europe
Business Developments & Projects

National associations commit to advancing clean hydrogen across Europe

National hydrogen associations agreed to strengthen ties through Cooperation Charter for European Associations Advancing Clean Hydrogen.

about 2 years ago
Illustration; Credit: Jarrad Seng/Woodside
Business Developments & Projects

Woodside making strides in developing deepwater gas project

Woodside Energy has discussed the inroads made in the development of its deepwater natural gas field off the coast of Trinidad.

about 2 years ago
New milestone unlocked as ADNOC delivers first certified commercial shipment of low-carbon ammonia
Business Developments & Projects

New milestone unlocked as ADNOC delivers first certified commercial shipment of low-carbon ammonia

ADNOC delivered the first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage to Mitsui in Japan.

about 2 years ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Aker BP preparing to spin the drill bit in Norwegian Sea

Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.

about 2 years ago
Valaris DS-9 drillship; Source: ANPG
Business Developments & Projects

ExxonMobil hits oil offshore Angola and takes steps to search for more hydrocarbons

U.S.-headquartered energy giant ExxonMobil has made a new oil discovery in Block 15 off the coast of Angola.

about 2 years ago
Scan Global Logistics and Hapag-Lloyd forge biofuel partnership
Business Developments & Projects

Scan Global Logistics and Hapag-Lloyd forge biofuel partnership

Scan Global Logistics (SGL) and Hapag-Lloyd have partnered up for a multimillion-dollar ocean biofuel initiative.

about 2 years ago
Port of Hamburg
Business Developments & Projects

Hamburg first European port to offer shore power for container and cruise ships

The Port of Hamburg has become the first port in Europe to offer shore power for both container and cruise vessels.

about 2 years ago
Lloyd’s Register approves Ricardo’s hydrogen solution for maritime
Business Developments & Projects

Lloyd’s Register approves Ricardo’s hydrogen solution for maritime

Ricardo has received approval in principle (AiP) from Lloyd’s Register for the design of its multi-megawatt containerized fuel cell power plant solution.

about 2 years ago
Illustration; Source: Strategic Marine
Business Developments & Projects

Trio building high-speed aluminum ‘vessels of tomorrow’ for oil & gas industry

Strategic Marine and partners will build three 35-meter surface effect ships (SES), which will be used in the offshore oil and gas industry.

about 2 years ago
Port of Antwerp-Bruges
Business Developments & Projects

Port of Antwerp-Bruges: ‘World’s first’ methanol-powered tug launched

The Port of Antwerp-Bruges has launched Methatug, described as “the world’s first” methanol-powered tugboat.

about 2 years ago