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Business Developments & Projects

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Business Developments & Projects

HD Hyundai-built medium gas carriers to sport Nord Gas Solutions’ systems

Nord Gas Solutions, formerly Wärtsilä Gas Solutions, has been selected to supply the cargo handling systems (CHS) and LPG fuel supply systems (LFSS) for two new medium gas carrier (MGC) vessels being built by HD Hyundai. Under the contract signed in June, Nord Gas Solutions will deliver the equipmen

about 1 month ago

Business Developments & Projects

Shearwater to use electric ROVs for North Sea contract

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Norway’s Shearwater Geoservices has secured an ocean bottom node (OBN) survey contract in the North Sea, representing the first commercial deployment of its newly installed electric remotely operated vehicles (ROVs). The seven-week survey will be performed by the SW Tasman with Pearl nodes, as the R

about 1 month ago

Vertical Corridor expands into Western Balkans; Source: Gastrade

Business Developments & Projects

Boost for Europe’s energy diversification and cross-border gas flows as Western Balkans plug into Vertical Corridor

The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.

about 1 month ago

Business Developments & Projects

NKT inaugurates expanded power cable factory in Denmark

Danish power cable manufacturer and installation firm NKT has inaugurated its expanded medium-voltage (MV) power cable factory in Asnaes, Denmark, where production has been ongoing since 1965. The expansion works began in September 2024 and included a new production hall, new production and test fac

about 1 month ago

Business Developments & Projects

Scottish firm strengthens VLGC foothold with four-vessel Korean shipbuilding deal

Babcock LGE, a Rosyth-based marine engineering business within Babcock International, has won a new assignment with South Korea’s Samsung Heavy Industries (SHI) that covers four 88,000-cubic-meter (cbm) very large gas carriers (VLGCs), bolstering its position in the global liquefied gas handling mar

about 1 month ago

Business Developments & Projects

Netherlands becomes home to ‘Europe’s largest’ carbon capture facility

A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800

about 1 month ago

ETAP facility in the North Sea; Source: BP

Business Developments & Projects

BP tasks Baker Hughes with production enhancement across UK North Sea assets

UK-headquartered energy giant BP has hired U.S.-headquartered energy technology giant Baker Hughes to support new well development and production optimization across its North Sea operations on the UK Continental Shelf (UKCS).

about 1 month ago

Isabella LNG carrier, owned by Maran Gas, completed its first LNG loading at Cheniere’s Sabine Pass facility in Louisiana. The vessel is one of several contracted by Equinor to transport LNG under the

Business Developments & Projects

First US LNG cargo puts Equinor on course to double global portfolio by decade-end

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030.

about 1 month ago

Business Developments & Projects

WATCH: 24-meter USV performs first fully remote project

The 24-meter-long unmanned surface vessel (USV) Challenger, owned by a joint venture of DeepOcean, Solstad Offshore and Østensjø Rederi, has completed its first fully remote project. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from the joint venture com

about 1 month ago

Business Developments & Projects

UK subsea contractor’s fleet grows with another SMD ROV

Film-Ocean, a UK-based subsea contractor providing ROV inspection and intervention services, has taken delivery of another remotely operated vehicle (ROV) from SMD, completing a major fleet investment program. This comes as Film-Ocean took delivery of two Quantum 250-hp heavy-duty work-class ROVs in

about 1 month ago

Business Developments & Projects

Smulders HSM, SPIE and Scaldis help future-proof offshore wind-powered North Sea gas platform

An integrated project team comprising Smulders HSM, a provider of multidisciplinary offshore platform solutions, SPIE, a multi-technical services provider, and offshore installation partner Scaldis, has been tasked with handling the next phase of a gas project in the Dutch North Sea, with a new comp

about 1 month ago

Left to righ: SI Nan, Marine & Offshore Marketing Department Vice Director, MARIC; Ci Hongen, Vice Chief Engineer of Merchant Ship Dept., MARIC; Zhang Chao, Director of Merchant Ship Department, MARIC

Business Developments & Projects

Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept

Lloyd’s Register (LR), the UK-based classification society, and the Marine Design and Research Institute of China (MARIC) have unveiled a tri-fuel-ready tanker concept designed to give owners flexibility to pursue liquefied natural gas (LNG), methanol, or ammonia as fuel technologies, infrastructure

about 1 month ago

Business Developments & Projects

UK oil & gas player, floating wind developer to explore electrification opportunities in North Sea

Edinburgh-headquartered Flotation Energy and London-based Harbour Energy have signed a memorandum of understanding (MoU) to collaborate on assessing opportunities for powering oil and gas assets in the North Sea with floating offshore wind energy.

about 1 month ago

Business Developments & Projects

Equinor to deploy cable monitoring tech at 9-year-old offshore wind farm

Norway’s energy company Equinor has awarded Proserv with a contract for the deployment of cable monitoring technology at the 402 MW Dudgeon offshore wind farm in the UK. Proserv’s ECG Business Unit will deploy its advanced monitoring technology to provide continuous visibility of cable and terminati

about 1 month ago