Business Developments & Projects

USV performs ‘first-of-its-kind’ fisheries research survey at US offshore wind sites
Exail’s DriX uncrewed surface vessel (USV) has finished what is said to be a first-of-its-kind fisheries research survey for assessment of the impact on biomass and fish stock before, during, and after wind farm construction. The DriX USV performed the survey offshore Massachusetts, Rhode Island, a

AG&P LNG buys into fully constructed Vietnamese LNG terminal
AG&P LNG, a subsidiary of Nebula Energy and developer of LNG terminals and downstream infrastructure, has purchased a 49% stake in Cai Mep LNG terminal located in Vũng Tàu district in South Vietnam. Fully constructed, the terminal was developed by Hai Linh Company, a petroleum product import termina

Shelf Drilling hands out North Sea job to Norwegian firm
Offshore drilling contractor Shelf Drilling has handed out a contract for waste management services in the North Sea to Soiltech.

CNOOC unveils fresh oil & gas discovery off China
China’s oil and gas giant CNOOC Limited has made a new oil and gas discovery in the South China Sea, which is said to be a major one.

New acquisition expands NextChem’s hydrogen, ammonia, and methanol portfolio
NextChem, a subsidiary of an international industrial group Maire Tecnimont S.p.A, has entered into a binding agreement to acquire 100% of Germany-based GasConTec (GCT), a company specialized in technology development and process engineering, expanding its competencies in low-carbon hydrogen, ammoni

Following retrofit, 2000-built vessel arrives in US to perform offshore wind work
Following a retrofit campaign, TDI-Brooks’ new research vessel has arrived on the U.S. East Coast where it will perform offshore wind work. The RV Nautilus, formerly known as Nautical Geo, reached the shores of the East Coast on March 3 after undergoing a six-month retrofit in Las Palmas. The 75-met

Oil flows from ‘fast-track development’ off Gabon just months after initial discovery
Oslo-listed oil and gas E&P player BW Energy has kicked off production from a development offshore Gabon.

Wheels in motion for Aker BP to embark on drilling ops with Saipem rig
Aker BP has received consent from to use one of Saipem’s semi-submersible rigs for exploration activities in the Barents Sea.

Germany urged to follow in US footsteps and put an end to ‘LNG bonanza’
Environmental Action Germany (Deutsche Umwelthilfe – DUH), a non-governmental environmental and consumer protection organization, has called for the adoption of a moratorium like the one in place in the U.S. to stop – what it deems to be – unbridled LNG expansion in Germany. As the German Minister f

MAN ES and Mitsui E&S perform world’s first hydrogen combustion test on marine 2-stroke engine
MAN Energy Solutions (MAN ES) and its licensee Mitsui E&S have unlocked a new milestone in the maritime industry with the world’s first hydrogen combustion operation of a large marine engine. The hydrogen combustion operation of a large marine 2-stroke test engine with a bore size of 50 cm was compl

EU’s ties to Russian gas: LNG tanker routes pinpoint ports in four European countries as touchpoints
Research shows that the EU has not severed its gas bonds with Russia, as four countries still facilitate deliveries of its LNG.

Norwegian Hydrogen-led consortium to set up hydrogen ecosystem at Danish port
Green hydrogen producer Norwegian Hydrogen, in collaboration with a consortium of ten partners, has launched a new project that aims to develop an integrated green hydrogen value chain at the Port of Hirtshals in Denmark. Norwegian Hydrogen will be the coordinator of the so-called CONVEY project whi

Equinor, Polenergia tap RockWave for subsurface data reprocessing
Equinor and Polenergia have awarded RockWave a contract for subsurface data reprocessing for the 1,560 MW Bałtyk 1 offshore wind farm in Poland. The contract scope involves the reprocessing of sparker ultra-high resolution seismic (UHRS) data to create an optimized subsurface image. The new data wil

Petrobras charters cargo transfer vessel from MOL while gearing up for talks about new CTV shipbuilding deal
MOL and Petrobras have inked a charter deal for a cargo transfer vessel (CTV) and plan to embark on negotiations to build a new CTV by year-end.