Business Developments & Projects

Ulstein unveils new ship concept to solve zero-emission challenge
Norwegian shipbuilder and designer Ulstein has launched a vessel concept capable of making the vision of zero-emission cruise operations a reality.

GTT scores LNGC tank order from Samsung Heavy
French LNG containment specialist GTT has received an LNG carrier tank order from the Korean shipyard Samsung Heavy Industries.

ConocoPhillips cleared to spin the drill bit at Norwegian Sea well
The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for a wildcat well located in the Norwegian Sea off Norway.

New jobs for Transocean rigs with one rig coming back from idle mode
Offshore drilling contractor Transocean has been awarded a new contract and extensions for its rigs, adding $87.2 million to its backlog.

Artemis Technologies’ all-electric foiling prototype takes to the sea
UK-based Artemis Technologies, a spin-off from the Artemis Racing America’s Cup sailing team, has released the first pictures of its 100% electric, high-speed foiling workboat prototype on Belfast Lough.

McDermott to work on Bacton Energy Hub project
McDermott International has joined a group of industry experts on the Bacton Energy Hub (BEH) project which includes hydrogen and CCUS.

Report: Brunsbüttel FLNG terminal to start ops in 2023
A floating liquefied natural gas (FLNG) terminal is to begin operating at the start of 2023 in the German state of Schleswig-Holstein.

SIMEC Atlantis names new CFO to push project delivery
UK-based marine energy company SIMEC Atlantis Energy (SAE) has appointed Simon Hirst as an executive director of the company and as the group chief financial officer (CFO), with immediate effect.

Australian player enters North Sea acreage close to UK’s giant oil field
Finder Energy has expanded its UK North Sea portfolio after entering into an agreement to buy a licence close to the giant Buzzard oil field.

Wärtsilä rolls out future-proof dual-fuel engine
Finnish technology group Wärtsilä has launched a new dual-fuel engine to accelerate the shipping industry’s journey towards decarbonized operations.

Net Zero Technology Centre awards grant for innovative subsea data technology
Aberdeen-headquartered digital twin technology firm Eserv has secured a six-figure funding grant from the Net Zero Technology Centre to develop a multi-resolution, multi-format asset integrity visualisation system for the subsea energy sector. The 12-month R&D project will see Eserv building a proto

Port of Gothenburg aims to become bunkering hub for renewable methanol
Swedish Gothenburg Port Authority has published general methanol operating regulations for ship-to-ship bunkering and is making arrangements to set up a value chain with the ambition to become the primary bunkering hub for renewable methanol in Northern Europe.

FueLNG wraps up bunkering of LNG-fueled dredger Vox Ariane
Singapore-based LNG bunker supplier FueLNG has completed bunkering of the Van Oord’s new trailing suction hopper dredger (TSHD) Vox Ariane.

Activists block Russian oil tanker in Norwegian port, calling on govt to ‘stop fueling the war’
Activists are blocking a Russian tanker from offloading oil in Norway, calling on the government to ban the imports of Russian fossil fuels.