Business Developments & Projects

DOF Subsea lands two new jobs
Norway-based subsea and marine services provider DOF Subsea has secured more work for its construction support vessels (CSVs) Skandi Acergy and Skandi Constructor. A “key renewables client” awarded Skandi Acergy with an extension of an ongoing subsea construction contract in the North Sea. In direct

Fincantieri floats out Viking Neptune
Italian shipbuilder Fincantieri has floated out Viking Neptune, the newest ocean cruise ship of the Swiss cruise line Viking, at its shipyard in Ancona.

VesselsValue acquires Norway’s shipping analyst
The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.

Aker Solutions appoints new exec while high demand spurs further headcount increase
Aker Solutions has appointed a new senior vice president for communications as growing demand for services spurs further headcount increase.

Sabella makes progress on assembly facility at Port of Brest
French tidal energy company Sabella has ramped up the construction of its assembly facility in the Port of Brest ahead of operations planned for TIGER project.

German partners introduce marine-hydrogen-hybrid project
German hydrogen fuel cell producer Proton Motor Fuel Cell and compatriot electric drive system provider Torqeedo are jointly developing hydrogen hybrid propulsion system building kit for maritime mobility.

Shell and Thyssenkrupp join in on Port of Rotterdam hydrogen facility
Shell and Thyssenkrupp have signed a supply contract for the large-scale green hydrogen production project ‘Hydrogen Holland I’ in the port of Rotterdam.

Rex’s top-priority: increasing hydrocarbon production and reserves
Rex described the previous year as transformational, revealing that its primary goal for the future is to increase production and reserves.

TechnipFMC scores Asgard subsea iEPCI
TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver subsea equipment for Equinor’s Smørbukk Nord development. The scope covers a high-pressure, high-temperature subsea production system and associated equipment for a brownfield tie

Maersk’s APM Terminals accelerates net-zero pledge by a decade
The Netherlands-based terminal operator APM Terminals has decided to bring forward its net-zero greenhouse gas (GHG) emission target to 2040, a decade ahead of its initial 2050 ambition.

Ex-Equinor exec joins Vår Energi
Vår Energi has appointed Equinor’s former VP of Project Management and Control to its executive management team to pursue growth plans.

EU blocks HHI-DSME merger in long-awaited decision
The European Commission has adopted a decision to prohibit a merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME).

Norwegian operator criticised over vaccine mandate plans for offshore workers
A Norwegian union representing offshore oil & gas workers has criticised the process to introduce a vaccine mandate.

Eco Wave Power and OPT join hands to accelerate wave energy projects
Swedish-Israeli Eco Wave Power and the U.S.-based Ocean Power Technologies have set up a collaboration to use their complementary technologies and skills to accelerate wave energy projects, pursuant to a previously signed agreement. The parties will work together on several fronts, including knowled