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Business Developments & Projects

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Eagle Explorer
Business Developments & Projects

Cypriot firm to start work in Western Hemisphere in mid-November

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has won a new contract for its vessel Eagle Explorer in the Western Hemisphere. Eagle Explorer will be deployed for ocean bottom node (OBN) source work under a contract that has a firm duration of approximate

about 1 year ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Business Developments & Projects

New export route for North Sea gas output as pipeline gets thumbs-up

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Given its dedication to curbing the decline in gas production over the coming years, the Norwegian Offshore Directorate (NOD) has given its seal of approval for a new gas export solution, delivering another path for gas exports from a platform in the North Sea, which enhances Norway’s energy securit

about 1 year ago
Members of the Marine Energy Taskforce (MET)
Business Developments & Projects

UK marine energy sector growth under discussion by industry stakeholders

Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill

about 1 year ago
Sunlit Sea updates floating solar project planner with layout suggestions
Business Developments & Projects

Sunlit Sea updates floating solar project planner with layout suggestions

Norwegian company Sunlit Sea has added new functionality to its online floating solar project planner, enabling users to generate layout suggestions within a defined area. The tool provides an overview of the number of floats required to reach a specific project capacity. The company described the p

about 1 year ago
Construction starts on methanol-ready subsea rock installation vessel for offshore wind
Business Developments & Projects

Construction starts on methanol-ready subsea rock installation vessel for offshore wind

Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio

about 1 year ago
Illustration; Source: Weatherford
Business Developments & Projects

Weatherford lands eight-year job with European gas producer

U.S. oilfield services company Weatherford International has secured a multi-year assignment with SNGN Romgaz, described as Romania’s largest natural gas producer and main supplier, as well as the third-largest gas producer in Europe.

about 1 year ago
Nexans cables to extend lifetime of Equinor's Norwegian Sea field
Business Developments & Projects

Nexans cables to extend lifetime of Equinor’s 25-year-old field

Norway’s state-owned energy giant Equinor has awarded a contract to French cable systems designer and manufacturer Nexans for the delivery of new electrical umbilicals to replace cables that have been operational for over 25 years at its field in the Norwegian Sea. Nexans is scheduled to deliver the

about 1 year ago
Italy’s Grimaldi takes delivery of new ammonia-ready car carrier
Business Developments & Projects

Italy’s Grimaldi takes delivery of new ammonia-ready car carrier

Italian shipping company Grimaldi has added the latest ammonia-ready 9,000 CEU pure car and truck carrier (PCTC) newbuild to the fleet.

about 1 year ago
Illustration/CorPower Ocean’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Business Developments & Projects

UK case study shows wave energy lowers cost of 24/7 renewables

A new case study from Swedish wave energy developer CorPower Ocean highlights the role of wave energy in achieving the lowest-cost 24/7 clean energy in northern Scotland. According to CorPower Ocean, wave energy consistently reduces system costs, installed capacity, and storage requirements across s

about 1 year ago
C40 Cities
Business Developments & Projects

Methanex launches methanol bunkering services in ARA region and South Korea

Methanex Corporation, a Canadian producer and supplier of methanol, has entered new strategic bunkering partnerships in two major fueling hubs – the Amsterdam-Rotterdam-Antwerp (ARA) region and South Korea.

about 1 year ago
LNG agreement signing
Business Developments & Projects

Mercuria to supply BOTAŞ with US-sourced LNG until 2045

Global energy and commodity group Mercuria has signed a liquefied natural gas (LNG) purchase and sale agreement with the state-owned Turkish Petroleum Pipeline Corporation (BOTAŞ).

about 1 year ago
With first two in operation, Reach Remote 3 and 4 ordered from Kongsberg Maritime
Business Developments & Projects

With first two in operation, Reach Remote 3 and 4 USVs ordered from Kongsberg Maritime

With the first two units delivered and already in commercial operations, Norway’s Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4. The specifications for Reach Remote

about 1 year ago
Everllence runs “world’s first” ethanol-fueled two-stroke engine in Japan
Business Developments & Projects

Everllence runs “world’s first” ethanol-fueled two-stroke engine in Japan

Germany’s engine manufacturer Everllence (formerly MAN Energy Solutions) has run a 90-bore liquid gas injection methanol (ME-LGIM) engine on ethanol, confirming its suitability for a new alternative fuel.

about 1 year ago
NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain
Business Developments & Projects

NYK and partners wrap up ship-to-ship liquefied ammonia transfer off Spain

Japanese shipping company NYK, in collaboration with ammonia trader Trammo, has completed its first ship-to-ship (STS) transfer of liquefied ammonia.

about 1 year ago