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Business Developments & Projects

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Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Business Developments & Projects

UAE and Azerbaijan strengthen ties as ADNOC’s XRG expands Caspian Sea footprint

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has set the wheels in motion to join Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian S

about 11 months ago
AYK Energy
Business Developments & Projects

AYK Energy marks battery renewal project on Svitzer’s diesel-electric tug quartet as complete

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Andorra’s marine battery manufacturer AYK Energy has wrapped up a battery renewal deal for a quartet of hybrid tugs owned by Denmark-based towage service provider Svitzer. The units in question are the 33-meter-long diesel-electric tugboats presently operating at Chevron Australia’s Gorgon LNG termi

about 11 months ago
IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization
Business Developments & Projects

IBIA and INTERCARGO bolster collaboration on marine fuels and decarbonization

IBIA and INTERCARGO have formed a partnership to reinforce collaboration on decarbonization, safety, and quality.

about 11 months ago
Everfuel inaugurates HySynergy, a 20 MW hydrogen production plant in Denmark
Business Developments & Projects

Everfuel inaugurates HySynergy, a 20 MW hydrogen production plant in Denmark

Danish green hydrogen company Everfuel has inaugurated HySynergy, its 20 MW green hydrogen production plant in Fredericia, Denmark, and sent its first supply to Germany.

about 11 months ago
FPSO Triton
Business Developments & Projects

Serica farming into Central North Sea license with FPSO tieback potential

UK’s Serica Energy has signed a farm-in agreement with Perth-based oil and gas exploration player, Finder Energy, for an interest in a license in the Central North Sea.

about 11 months ago
ABL chosen to back Greece’s Ionian Islands interconnector project
Business Developments & Projects

ABL chosen to back Greece’s Ionian Islands interconnector project

Energy and marine consultancy ABL has been selected to support the installation of upgraded interconnectors in Greece that are set to improve the energy resilience of the Ionian islands. ABL will act as the marine warranty survey (MWS) services provider to support Hellenic Cables’ installation of su

about 11 months ago
Industry and academia launch new maritime innovation center
Business Developments & Projects

Industry and academia launch new maritime innovation center

Lloyd’s Register (LR) and partners launched a new center for developing and testing zero-carbon and intelligent-ship technologies.

about 11 months ago
trials at EMEC
Business Developments & Projects

EU-funded project targets next-gen ocean energy systems

The European Marine Energy Centre (EMEC) has launched the FOREST (Future Ocean Renewable Energy System Technologies) project with support from the European Commission under the Horizon Europe program. According to EMEC, the €4 million project brings together eight partners from the UK, Portugal, Spa

about 11 months ago
Ports of Duisburg and Rotterdam strengthen green corridors partnership
Business Developments & Projects

Ports of Duisburg and Rotterdam strengthen green corridors partnership

German Port of Duisburg and Dutch Port of Rotterdam have signed a letter of intent (LoI) to reinforce their goal of jointly developing sustainable transport corridors via waterways as well as future-oriented initiatives for the energy transition.

about 11 months ago
Mermaid Subsea performs ‘fast-track’ subsea recovery project for major operator
Business Developments & Projects

Mermaid Subsea performs ‘fast-track’ subsea recovery project for major operator

Aberdeen-headquartered Mermaid Subsea Services (UK) has completed a fast-track subsea recovery project in the North Sea for what it says is a major operator. The subsea campaign involved the internal and external severance of casing, conductor, guide pipe and cement lines, local seabed excavation, r

about 11 months ago
Goltens
Business Developments & Projects

Captain Arctic, powered by wind and sun, launched in Dubai

The hull of Captain Arctic, a near-zero emission exploration vessel designed for sustainable cruising in some of the planet’s most fragile environments, has been launched in Dubai.

about 11 months ago
HD Hyundai
Business Developments & Projects

HD Hyundai and Siemens ink pact to ‘boost’ innovation in US shipbuilding

South Korea’s shipbuilding heavyweight HD Hyundai and German multinational technology conglomerate Siemens have penned an agreement to speed up the digitalization and modernization of the United States’ vessel construction industry. Under the memorandum of understanding (MoU) that the two companies

about 11 months ago
Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs
Business Developments & Projects

Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs

Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have secured contract extensions with Brazil’s oil and gas firm Petrobras. The current contracts of the 142-meter-long Skandi Vitória and Skandi Niterói have been extended from the fourth quarter of 2025 until the f

about 11 months ago
Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier
Business Developments & Projects

Maran Gas, Daphne Technology conclude methane abatement pilot on LNG carrier

Swiss-based climate tech company Daphne Technology and Greek shipping player Maran Gas, part of the Angelicoussis Group, have completed their joint methane abatement pilot on board commercial LNG carrier.

about 11 months ago