Business Developments & Projects
QatarEnergy and Shell team up for hydrogen solutions
Qatar’s state-owned oil and gas company QatarEnergy and energy major Shell have signed an agreement for joint investments in blue and green hydrogen projects in the UK.
Two UK carbon capture and storage projects selected for state funding
UK has selected two clusters to receive the funding and develop their proposed carbon capture usage and storage projects starting from 2025.
GE Power Conversion PTO system for Maran Gas’ new LNG carrier
Korean shipyard Samsung Heavy Industries (SHI) has awarded GE Power Conversion a contract to supply its SeaGreen Power take-off (PTO) system for Maran Gas’ new LNG carrier.
UK partners join forces to advance green hydrogen production and distribution
UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market.
CRP Subsea, Hellenic Cables: Bend stiffeners prolong power cable fatigue life
CRP Subsea and Hellenic Cables have completed dynamic cable testing at the University of Exeter, which included individual tests of power cable alone and power cable with bend stiffener to compare performance and fatigue. The results show that when tested with a CRP Subsea Bend Stiffener the power c
Marine-i hails first Africa’s OTEC power plant plans
Marine-i has welcomed the news that Global OTEC Resources entered into a partnership for the deployment of the world’s first commercial floating ocean thermal energy conversion (OTEC) platform, which will be located in the Democratic Republic of São Tomé and Príncipe.
Wave energy firm expands Aberdeen base to meet oil & gas decarbonisation push
UK-based wave energy company Mocean Energy has opened a new dedicated office in Aberdeen to meet growing oil and gas interest in decarbonisation of North Sea assets.
Shearwater unveils seismic source technology for deeper imaging
Norwegian seismic exploration company Shearwater GeoServices has unveiled a new seismic source technology for enhanced subsurface characterization known as Harmony. The technology provides seismic surveys with enhanced low frequencies enabling better decisions for exploration, development, and carbo
Providence Resources on the lookout for new CEO
Providence Resources has revealed that its chief executive officer (CEO) has resigned, thus, the board is looking for his replacement.
Peterson COO to retire from the role
International energy logistics provider Peterson has confirmed that its Chief Operating Officer will retire as planned at the end of 2021.
No more rigs in Northern Drilling’s fleet after second drillship gets cancelled
John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME.
New ZeroCoaster study looks into hydrogen value chain for maritime
Zero Emission Compressed Hydrogen (ZECH) study on hydrogen value chain for maritime is a part of the ZeroCoaster project study coordinated by Vard, a major shipbuilding company.
Novatek talks Arctic LNG projects with major shipping companies
Russia’s natural gas producer Novatek held its first Arctic LNG Projects Shipowners Conference in Moscow with stakeholders in Russian Arctic shipping attending.
Chevron books accommodation vessel for Wheatstone job
Edda Accommodation has secured a new contract for its Edda Fides vessel with Chevron for operations in Australia.