Business Developments & Projects
Hy2gen, Technip Energies want to produce renewable fuels for maritime use
Hy2gen and Technip Energies are launching the feasibility studies phase for the Hynovera project, which aims to produce renewable fuels for aviation and maritime use on an industrial scale.
Well-Safe taps Trendsetter for UK North Sea plug and abandonment campaign
Trendsetter Engineering has secured a contract with Well-Safe Solutions to utilise its flagship intervention system and technical services for UK North Sea abandonment. Under the contract, Trendsetter will deploy its Trident Intervention System which was designed for rapid reconfiguration in the fie
QED Naval looking for composite blades manufacturing partner
Scottish marine energy company QED Naval is seeking strategic partners for the supply and manufacture of composite tidal turbine blades for its Subhub-CD platform.
Two-week output suspension for BP’s Shah Deniz platform
BP has started a planned maintenance programme on the Shah Deniz Alpha platform and Shah Deniz 1 facilities inside the Sangachal Terminal in Azerbaijan.
Bombora wraps tank trials of its floating hybrid energy platform
Bombora Wave Power has completed tank testing of its floating foundation system suitable for the InSPIRE solution, which combines the mWave wave energy technology with a wind turbine onto a single floating offshore platform.
Regulatory order for Saipem over barrier and maintenance management on rig
The Norwegian offshore safety regulator followed up an audit of Saipem’s rig with an order to the offshore drilling contractor.
Maersk, SCA sign $500 mln Port Said development deal
A.P. Moller – Maersk and the Suez Canal Authority (SCA) have signed a $500 million deal for the development of the Suez Canal Container Terminal (SCCT) in East Port Said. The investment includes a new 1,000-meter container berth adjacent to the existing 500-meter one, as well as additional cranes to
Solstad vessels secure gigs in Norway and Brazil
Solstad Offshore has secured a contract extension for one of its AHTS vessels in Norway and a new assignment for another one in Brazil.
Sanctions-induced setbacks in sourcing goods sour Russia-Iran $40 bln deal, says Rystad
Sanctions imposed on Iran and Russia will hamper the sourcing of goods for the development of Iranian offshore gas fields, says Rystad.
Furetank and Algoma order 4 dual-fuel product tankers for their JV
Swedish Furetank AB and Canadian Algoma Central Corporation are entering into a joint venture agreement to build four dual-fuel product tankers intended to trade in Northern Europe. Each company will own 50% of the joint venture, which will be named FureBear. The vessels will be constructed at China
Norwegian player to take over new operatorship in North Sea
Vår Energi has set the wheels into motion to take over new operatorship in the Balder area thanks to deals for two licences in the North Sea.
Bombora hires survey hand for mWave deployment site
Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.
UK trade body calls on govt to prioritise domestic energy production
As sanctions lead to supply and price shocks, Offshore Energies UK has urged the UK government to prioritise domestic energy production.
Alfa Laval books LFSS order for 6 methanol-fueled boxships
Alfa Laval has secured a contract to provide low-flashpoint fuel supply system (LFSS) on six dual-fuel container vessels. The contract represents the company’s largest methanol order this year. The Alfa Laval FCM Methanol system will be installed on six 1170 TEU container vessels ordered by Eastaway