Business Developments & Projects

Dolphin Drilling gets rid of 1975-built semi-sub rig
Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to further enhance its fleet.

DMC rudders for world’s largest PCTCs ordered by BYD
Damen Marine Components (DMC), a Dutch supplier of maneuvering systems, has been contracted to supply rudder systems for four pure car and truck carriers (PCTC) ordered by China’s BYD, the world’s biggest electric vehicle (EV) maker.

Siem vessels get more work with TotalEnergies in Brazil
TotalEnergies EP Brasil has handed out new contracts for two platform supply vessels (PSVs) to Siem Offshore do Brasil.

BP and Baker Hughes make headway in monitoring methane emissions from flaring
Baker Hughes has joined forces with BP to bring a new application for the upstream oil and gas sector to life as part of its emissions abatement technology.

All systems go for Equinor to use Transocean rig for drilling ops
Equinor has received consent to deploy one of Transocean’s rigs for exploration activities in the Barents Sea.

Subsea7 wins ‘large’ contract for Woodside’s deepwater oil field
Subsea7 has secured what it describes as a “large” contract with Woodside Energy to deliver subsea installation services for a deepwater oil project in the Gulf of Mexico. The Trion project, which Woodside is developing in partnership with Pemex, involves a wet tree subsea system connected to an inf

New milestone for Saipem as first topsides head to QatarEnergy’s North Field project
Italian EPC contractor Saipem has reached a new milestone with the shipment of the first three topsides for QatarEnergy LNG’s North Field project offshore the northeast coast of Qatar. On March 13, Saipem shared an update saying that the first three topsides (one wellhead production and two riser pl

Straatman commissions mooring system for Germany’s Stade LNG terminal
Dutch maritime equipment manufacturer Straatman has commissioned the complete mooring system for Germany’s Stade LNG terminal, which is expected to play an important role in facilitating LNG imports and securing the country’s supply. Stratman revealed that with the first arrival of the floating stor

Trio snaps up more than $1.75 billion for drilling jobs on Equinor’s 19 offshore oil & gas assets
Equinor has handed out four-year contract extensions to three companies for work on 19 platforms located off the coast of Norway.

Vattenfall scraps hydrogen turbine pilot project
Vattenfall has decided to cancel the Hydrogen Turbine 1 (HT1) project offshore Aberdeen, Scotland, almost two years after the firm began developing it. However, the project helped enable the creation of a regulatory and consenting regime for offshore hydrogen transportation and storage in the UK, ac

Wärtsilä pens maintenance deal for world’s largest double-ended hybrid ferries
Finnish technology group Wärtsilä has signed a lifecycle agreement with UK-based shipping company P&O Ferries that covers two hybrid ferries, M/V Pioneer and M/V Liberté.

Singapore shipbuilder hands over new ‘cutting-edge’ vessel destined to work for Shell
PaxOcean Group has delivered a new class of compact semi-submersible (CSS), which will work for Shell off the coast of Brunei.

Tadek Ocean Engineering designs mooring and cable solution for wave power subsea project
UK-based Tadek Ocean Engineering has created a mooring and cable solution for the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment. Aberdeen-based Verlume connected Mocean Energy’s Blue X wave energy converter with a Halo underwater ba

US to pump $450 million into port infrastructure development
The U.S. Department of Transportation’s Maritime Administration (MARAD) has published a notice of funding opportunity (NOFO), making $450 million available for Port Infrastructure Development Program (PIDP).