Business Developments & Projects

Japan and the UK to jointly boost maritime autonomy
UK and Japanese stakeholders are engaged together to accelerate the development of an assurance framework for maritime autonomy and instigate the development of appropriate regional and international regulations.

VIDEO: Oscilla Power installs scaled wave energy converter in Maine
US-based wave energy technology developer, Oscilla Power, has published a video of the installation of its 1:6 scale prototype of the 1 MW Triton off the U.S. East Coast in December last year.

New milestone for Allseas pipelay vessel on huge gas project offshore Australia (Gallery)
Allseas has tucked a new milestone under its belt for a pipeline assignment on a Santos-operated natural gas project off the coast of Australia.

Norwegian green ammonia project secures 15-year power purchase deal
SkiGA and Hafslund have entered into a 15-year power purchase agreement (PPA) to produce green ammonia in Skipavika, Gulen municipality, Norway.

Five European countries open their doors to cross-border CO2 storage
Five northern European countries have joined forces to conclude arrangements on the transport and storage of carbon across borders.

Odfjell contributes to maritime industry’s transition finance
Norwegian shipping company Odfjell has made an important step on its transition journey by introducing a ‘Transition Finance Framework’.

Japan and Singapore take steps to foster LNG opportunities
Japan’s JERA has signed an MoU with Singapore’s EMA to cooperate on areas in LNG procurement and supply chains, benefitting both countries.

Bekaert to perform mooring solution analysis for world’s largest offshore floating solar project
The results of this project will pave the way for large-scale deployment and commercialization of offshore floating solar systems, whether on their own or as part of offshore wind farms.

TECO 2030 allies with Indian firm for fuel cell expansion in SAARC countries
TECO 2030 and Advait Infratech have partnered up for fuel cell expansion in India and other SAARC countries.

TechnipFMC scoops up work on ExxonMobil’s sixth oil project in Guyanese waters
TechnipFMC has been hired on a large subsea assignment by ExxonMobil for the oil major’s sixth oil development off the coast of Guyana.

Work on ExxonMobil’s oil project in Guyana enables Strohm to score its largest pipe supply deal ever
Dutch TCP technology player Strohm has picked up the largest commercial award for pipe supply in its 16-year history.

Hydrogen production facility planned in Latvia’s Port of Liepaja
Liepaja SEZ Authority and CIS Liepaja have concluded a two-year reservation contract for the potential construction site for the renewable energy complex in the Port of Liepaja.

Dutch player rolls out topside for offshore wind-powered North Sea gas platform
HSM Offshore Energy has launched the topside piece of a gas platform, which will be deployed in the Dutch sector of the North Sea and run on offshore wind power.

Equinor hands out more work to Norwegian company
Equinor has exercised its first option to extend the drilling waste management contract with compatriot cleantech service provider Soiltech.