Business Developments & Projects
UK pipeline technology firm changing hands
SRJ Technologies has executed a share purchase agreement (SPA) to acquire 100% of the issued share capital of UK-based pipeline technology firm STATS (UK) Limited, subject to customary conditions including the buyer obtaining shareholder approvals.
Norwegian player gets go-ahead to buy North Sea field stake from Repsol
Lime Petroleum has received approval from the authorities for the acquisition of Repsol’s interest in the Brage field, located off Norway.
AqualisBraemar LOC acquires UK marine consultancy from Damen
London-based energy and marine consultancy AqualisBraemar LOC (ABL) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard.
Samsung Heavy picks GTT tank design for new LNG carrier duo
Korean shipyard Samsung Heavy Industries (SHI) has ordered tank design for two new LNG carriers from the French LNG containment specialist GTT.
P&O Ferries and We4Sea team up for vessel performance monitoring
Ferry and logistics group P&O Ferries and data solutions provider We4Sea have signed a cooperation agreement to launch a vessel performance monitoring solution.
Hyundai Glovis, BLG form JV for automobile port handling
South Korean roll-on/roll-off (RoRo) shipping company Hyundai Glovis and Germany-based seaport and logistics service provider BLG Logistics have entered into a strategic partnership for automobile port handling in Bremerhaven.
Oil & gas on the rebound but tension will define 2022, Woodmac says
Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positive outlook will be tempered.
Video: World’s 1st hybrid cargo vessel leaves shipyard
Aasfjell, a battery hybrid bulk carrier newbuild ordered by Norway’s shipping company Aasen Shipping, has left the Royal Bodewes shipyard in Hoogezand, the Netherlands.
World’s 1st methanol-powered pilot boat launched
The world’s first methanol propelled pilot boat has been launched by the Fastwater project, a consortium of Europe’s maritime research and technology leaders set to demonstrate the feasibility of retrofit and newbuild vessels to operate on methanol.
Riverine tidal turbine set for suburbs of Paris
French start-up Guinard Energies has unveiled plans to deploy a hydrokinetic turbine in the river Marne that will power the newly-established centre for environmental protection and preservation of biodiversity.
Noble rig gearing up for IOG well after two-month hiatus but first gas late
Following a two-month drilling hiatus over an issue with Noble’s rig, IOG plc is preparing to spud a development well in the North Sea.
Havila picks Kongsberg’s engine and thruster package for its hybrid cruise ship
Norwegian cruise company Havila Kystruten has selected its compatriot marine technology firm Kongsberg Maritime (KM) to supply engine and thruster package for newbuild cruise vessel Havila Capella.
MPS eyes new contractor for megawatt-scale wind and wave hybrid
Welsh marine energy company Marine Power Systems (MPS) has launched a tender for the supply of platform electrical & electronic control centre (PEECC) for its hybrid wave and wind demonstrator set for deployment in Spain.
Nor-Shipping postpones January 2022 events due to coronavirus
International shipping event Nor-Shipping has decided to postpone its upcoming exhibition and event programme due to increasing coronavirus infection rates, driven by the Omicron mutation.