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Business & Finance

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Peter Döhle Schiffahrts books methanol-ready containerships at Chinese shipyard
Business & Finance

Peter Döhle Schiffahrts books methanol-ready containerships at Chinese shipyard

Peter Döhle Schiffahrt has ordered four 14,000 TEU methanol-fueled containerships at China’s Hudong-Zhonghua Shipbuilding.

about 2 years ago
PSV Sapura Ônix; Source: Seagems
Business & Finance

Bermuda-based player gives Oslo stock exchange a go

Paratus Energy has shared its intention to list shares on Euronext Growth Oslo, followed by a planned uplisting to the Oslo Stock Exchange.

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about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Business & Finance

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
Prysmian gives out €35M contract to expand submarine cable plant in Finland
Business & Finance

Prysmian gives out €35M contract to expand submarine cable plant in Finland

Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi

about 2 years ago
Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth
Business & Finance

Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth

SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE

about 2 years ago
The Morlais landfall substation. Photo Credit: Menter Môn.
Business & Finance

Inyanga Marine and Verdant Morlais to work on 4.9 MW tidal stream energy project in Wales

Inyanga Marine Energy Group and Verdant Morlais Ltd (VML) have inked a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais in Wales.

about 2 years ago
Transocean Norge; Source: Transocean
Business & Finance

Fresh gas discovery with multiple development routes emerges from North Sea depths

Wintershall Dea has expanded its natural gas arsenal with a new gas condensate discovery in the Northern North Sea, thanks to drilling activities undertaken with one of Transocean’s semi-submersible rigs.

about 2 years ago
Scottish engineering consultancy Quoceant has received an IECRE Feasibility Statement for the quick connection system for marine renewable energy applications from Lloyd’s Register, a renewable energy
Business & Finance

Quoceant secures another approval for quick connection system for marine renewables

Scottish engineering consultancy Quoceant has received an IECRE Feasibility Statement for the quick connection system for marine renewable energy applications from Lloyd’s Register, a renewable energy certification body (RECB).

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Business & Finance

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Signing ceremony; Source: Worley
Business & Finance

Australian player’s assistance to bring BP millions in savings

BP has formed a strategic alliance with Australia’s Worley to streamline operations and improve organization across its global site projects.

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Business & Finance

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration; Source: Pavilion Energy
Business & Finance

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago
DOF makes local ROV systems order
Business & Finance

DOF makes local ROV systems order

Norwegian vessel owner DOF Group has placed an order with compatriot Kystdesign for two remotely operated vehicle (ROV) systems. Under the new contract, Kystdesign will deliver two complete Constructor Compact ROV systems, a newly developed compact version of the Constructor ROV, to DOF. “We are ple

about 2 years ago
SRC allies with Green Marine to bring its methanol storage solution to market
Business & Finance

SRC allies with Green Marine to bring its methanol storage solution to market

SRC and Green Marine have signed a collaborative agreement under which the two parties will work together to develop and deliver SRC’s methanol storage solution to the market.

about 2 years ago