Business Developments & Projects

GTT: Ukraine-Russian situation could affect LNG tank orders
GTT said the execution of certain contracts is at risk, mainly LNG carriers for Arctic projects, due to Russia’s invasion of Ukraine.

Shipbuilder Meyer Group steps into floating solutions business
Germany’s Meyer Group, a shipbuilding consortium comprising three shipyards in Europe, has joined forces with Admares Marine, a Finnish floating real estate company, to form a joint venture.

Cheniere and Engie extend LNG supply deal
U.S. LNG exporter Cheniere Energy has agreed with French energy major Engie to amend the LNG sale and purchase agreement from June 2021.

EU outlines actions to eliminate dependence on Russian fossil fuels
The European Commission has proposed an outline of a plan, which is supposed to make Europe independent from Russian fossil fuels.

Bridge Petroleum contracts Fraser for well and pipeline operatorship
Fraser Well Management (FWM) and Fraser Integrity Management (FIM) have won a contract by Bridge Petroleum to provide well and pipeline operator services for the Bardolino field off the UK coast. The field is situated in UKCS Licence Block 22/13a, approximately 162 kilometres east northeast of Aberd

Celtic Sea Power seeking environmental review for Pembrokeshire Demonstration Zone
Wave Hub Development Services, trading as Celtic Sea Power, has issued a tender seeking environmental and scoping review services for the Pembrokeshire Demonstration Zone (PDZ) offshore Wales.

UK start-up gets funds to reduce subsea decommissioning carbon footprint
Legasea has secured funding from Scottish Enterprise for a project that aims to reduce the carbon footprint of subsea decommissioning operations by taking equipment that is no longer required and finding ways to refurbish, recertify, remanufacture and reuse it, keeping in use as many components as p

WinGD dual-fuel engines for PIL’s 14,000 TEU ammonia-ready boxships
WinGD has been contracted to provide engines for LNG dual-fuel ammonia-ready boxships ordered by Singapore-based PIL.

French seismic firm joins SELKIE network
France-based geophysical services company CGG has joined SELKIE’s cross-border innovation network of developers and supply chain companies focused on increasing and diversifying the marine energy sector. CGG’s knowledge, data and technology are expected to enable SELKIE network partners to reduce na

Norwegian player’s expansion expected to more than double its daily output
Pandion has inked an agreement to acquire ONE-Dyas’s subsidiary holding the company’s Norwegian assets to double its daily production.

Cavotec secures shore power orders for boxship newbuilds
Swiss cleantech company Cavotec has been awarded shore power connection orders for containerships being built in China.

Siem Offshore and Helix extend well intervention vessels deal
Norwegian shipping company Siem Offshore and offshore energy services provider Helix Energy Solutions Group have entered into an agreement for the well intervention vessels Siem Helix 1 and Siem Helix 2.

Wärtsilä to deliver tech for SeaRoad LNG-fueled RoRo
The Finnish technology group Wärtsilä will supply engines, fuel storage tanks, gas equipment, and electrical systems for a new LNG-fueled RoRo Germany’s shipbuilder FSG is building for Australian operator SeaRoad. In September 2021, FSG received an order for the construction of a roll-on/roll-off (R

Port of Rotterdam raising new land for ‘green’ companies
At Maasvlakte 2, 55ha of land is being reclaimed from the sea for companies that make renewable fuels and chemical products. Marine engineering company Van Oord recently started with the project, during which the contractor will deliver a total of 5 million m3 of dredged sand onto the southern part