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Business Developments & Projects

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DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation
Business Developments & Projects

DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation

DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.

about 1 year ago
NKT named preferred bidder for UK’s subsea green electricity superhighway
Business Developments & Projects

NKT named preferred bidder for UK’s subsea green electricity superhighway

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Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the U

about 1 year ago
Deepsea Atlantic semi-submersible rig; Credit: Odfjell Drilling
Business Developments & Projects

Equinor gets go-ahead to drill two wells off Norway

Norway’s state-owned energy giant Equinor has obtained two drilling permits from the Norwegian Offshore Directorate (NOD).

about 1 year ago
Leman Alpha complex in the North Sea
Business Developments & Projects

Petrofac staying longer on North Sea assignment with Shell’s affiliate

UK-headquartered oilfield services provider Petrofac has secured a contract extension in the North Sea, which will enable it to keep working for a subsidiary of Shell, a compatriot energy giant.

about 1 year ago
Imabari Shipbuilding
Business Developments & Projects

Imabari Shipbuilding sends forth 2,080 TEU boxship to Maersk

Japan-based major Imabari Shipbuilding has delivered an eco-friendly 2,080 TEU container vessel to Danish maritime transport heavyweight A.P. Møller – Mærsk. As informed, the vessel, which has been christened Maersk Notodden, was added to its owner’s roster on September 9. The Panama-flagged boxship

about 1 year ago
Floating solar at Hollandse Kust Noord endures first North Sea storm
Business Developments & Projects

‘World’s first’ offshore solar farm within wind farm shows resilience to strong winds

Nymphaea Aurora, described as the “world’s first” offshore solar farm within a wind farm, has endured its first strong winds of 70 km/h without damage, Dutch offshore solar company Oceans of Energy said. “Good morning, Nymphae Aurora withstood its first strong winds (70 km/hr) of the last 24 hours v

about 1 year ago
Sevan's semi-submersible FPU design; Source: Sevan Deepwater Technology (Sevan DWT)
Business Developments & Projects

New design of semi-sub floating production unit expands Norwegian firm’s offshore energy offering

Norway’s specialized marine engineering and design house Sevan Deepwater Technology (Sevan DWT), formerly Sevan SSP, has unveiled a new concept for a semi-submersible floating production unit (FPU) designed for deployment across the offshore energy realm, including the oil and gas arena.

about 1 year ago
Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation
Business Developments & Projects

Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

about 1 year ago
Minesto's Dragon 4 tidal energy device (Courtesy of Minesto)
Business Developments & Projects

Minesto brings Dragon 4 tidal kite back from North Atlantic operations

Swedish tidal energy developer Minesto’s Dragon 4 tidal energy kite, named “Íðunn,” has been brought back from its production duty at the company’s North Atlantic demonstration site, where it has been generating electricity for the Faroe Islands grid. According to Minesto, the 100 kW Dragon 4 is par

about 1 year ago
Jack up vessel Obana
Business Developments & Projects

Liebherr muscle to help Petrodec with heavy lifts in North Sea

Construction equipment manufacturer Liebherr has supplied three cranes for a jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec.

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

Chevron’s JV with local player makes a play for four hydrocarbon blocks offshore Greece

Hellenic Hydrocarbons & Energy Resources Management Company (Herema) has revealed that a joint venture (JV), entailing the U.S.-headquartered energy giant Chevron and Helleniq Energy, has submitted bids for hydrocarbon exploration at four blocks off the coast of Greece.

about 1 year ago
ESL Shipping
Business Developments & Projects

ESL: Next-gen green methanol-powered vessel project is on track

The project for next-generation methanol-powered vessels, currently under the project name Green Handy, is progressing as scheduled behind the scenes, Finland-based shipowner ESL Shipping revealed.

about 1 year ago
Hellenic Cables to link Corfu island to Greek mainland
Business Developments & Projects

Hellenic Cables to link Corfu island to Greek mainland

Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) has awarded Hellenic Cables with a contract for the delivery of a cable system that will link the island of Corfu with the mainland. IPTO announced a couple of days ago that it was investing over €61 million to f

about 1 year ago
Vallourec to supply Petrobras with OCTG from 2026 to 2029 in deal worth up to $1B
Business Developments & Projects

Vallourec to supply Petrobras with OCTG from 2026 to 2029 in deal worth up to $1B

French provider of tubular solutions Vallourec has signed a long-term agreement with Brazilian oil & gas giant Petrobras for the supply of oil country tubular goods (OCTG) that could generate total revenue of up to $1 billion. Following a competitive bidding process, Vallourec has been selected to s

about 1 year ago