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Business Developments & Projects

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Business Developments & Projects

DeepOcean charters Boskalis’ recently purchased subsea vessel

DeepOcean has signed an agreement with Boskalis for the charter of a subsea vessel the Dutch company recently purchased from Norwegian vessel operator Sea1 Offshore. Boka Spearfish, to be renamed from Sea1 Spearfish, will join DeepOcean’s fleet of advanced subsea vessels for the remainder of 2026, w

about 6 months ago

Business Developments & Projects

‘World’s first’ ammonia dual‑fuel vessels get their names as green shipping advances

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Belgian shipping company Exmar has unveiled a naming ceremony for two ocean-going ammonia dual fuel midsize gas carriers (MGC), which was held in South Korea.

about 6 months ago

Business Developments & Projects

Fugro to check for UXO ahead of geotechnical survey at Morecambe OWF site

Fugro will conduct a UXO survey at the Morecambe Bay area this month, ahead of a geotechnical site investigation for the Morecambe offshore wind project that is planned to start in May 2026. The UXO work will be undertaken by the survey vessel Fugro Frontier and is planned to commence around April 1

about 6 months ago

Business Developments & Projects

Third Northern Lights LCO2 carrier blessed, now preparing for service

Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights CO2 project in Norway, has officially been blessed and will now start final preparations and commissioning ahead of operations. China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Co

about 6 months ago

Business Developments & Projects

Wheels up for FPSO to come back online in Eastern Mediterranean waters

London-based oil and gas player Energean has received the go-ahead to resume production from a floating production, storage, and offloading (FPSO) vessel, which is working at a field off the coast of Israel.

about 6 months ago

Business Developments & Projects

Industry’s largest subsea rock installation vessel in final preparations for first job

Boskalis’ new subsea rock installation (SRI) vessel, described by the company as the largest in the industry, has arrived in the Netherlands for final outfitting and commissioning ahead of its first assignment later this year. Windpiper, whose purchase Boskalis announced in January 2025, was develop

about 6 months ago

Business Developments & Projects

Consortium developing subsea noise reduction system for floating, jacket offshore wind foundations

Chantiers de l’Atlantique, EDF power solutions, Heerema Marine Contractors, Menck, RTE, Sealence and Smulders have formed the Searénité consortium to develop a dedicated solution designed to limit underwater noise generated during offshore construction, particularly for floating wind and substation

about 6 months ago

Commonwealth LNG; Source: Technip Energies

Business Developments & Projects

Technip Energies in the clear to work on $12.5B LNG project in Louisiana

French-based engineering player Technip Energies has received clearance to move forward with efforts to breathe life into a liquefied natural gas (LNG) export project under development in Louisiana, United States.

about 6 months ago

BW Opal floating production storage and offloading unit

Business Developments & Projects

Santos eyes restart of Australia’s huge gas project next week

Australian energy player Santos has disclosed a timeline for the resumption of production at its gas project off the coast of Australia’s Northern Territory.

about 6 months ago

Aker BP gets the all-clear to use Maersk rig on North Sea field

Business Developments & Projects

Go-ahead for Aker BP to use accommodation facility at North Sea field

The Norwegian offshore safety regulator has given its blessing to Aker BP to deploy Macro Offshore Management’s mobile living quarters facility at a field in the North Sea off the coast of Norway.

about 6 months ago

Business Developments & Projects

NKT Eleonora enters new construction phase as its hull makes a splash

The hull of NKT’s new cable-laying vessel (CLV) NKT Eleonora has been launched into the water at Vard’s shipyard in Tulcea, Romania. The official keel laying for the vessel took place in January 2025, some two months after the first steel was cut. NKT Eleonora will be able to run on both methanol an

about 6 months ago

LNG tanker (for illustration purposes); Source: U.S. Department of Energy

Business Developments & Projects

Two-week ceasefire deal putting Strait of Hormuz back in business

The U.S. President Donald J. Trump has made a deal with Iran to suspend further attacks for two weeks on the Middle Eastern country in exchange for the reopening of the Strait of Hormuz, which handles 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows.

about 6 months ago

Business Developments & Projects

Eco Wave Power reports continuous operations of its Israeli pilot project

Eco Wave Power has reported that its wave energy project at the Jaffa Port in Israel had operated continuously during March, with approximately six days of moderate wave conditions in the range of one to two meters, generating over 1,200 kWh of renewable electricity. The EWP-EDF One wave energy proj

about 6 months ago

Capricorn’s NewMed merger plan runs up against strong shareholders’ opposition

Business Developments & Projects

Saudi player’s takeover bid deadline for UK oil & gas firm gets prolonged

UK-headquartered Capricorn Energy, formerly known as Cairn Energy, has confirmed the extension of the deadline for a potential takeover offer from Alamadiyaf al-Masiyyah, a member of Saudi Arabia’s Cafani Group.

about 6 months ago