Business & Finance
WinGD, KSS Line forge alliance on ammonia-powered future
Swiss marine power company WinGD has signed a memorandum of understanding with South Korean shipowner KSS Line to explore X-DF-A dual-fuel ammonia engines for future newbuilds. WinGD is due to begin validation of its ammonia-fuelled engine concept on single and multi-cylinder test engines, in Winter
Geotechnical investigation contract awarded for 3 GW Scottish floating wind project
Geoquip Marine has secured a contract to gather engineering data to support a proposed floating offshore wind project in Scotland that is being developed by ScottishPower and Shell. To support the MarramWind project, Geoquip Marine is set to perform a complete geotechnical investigation to gather so
Commercial volumes not present in new gas discovery off Norway
OMV has made a new gas discovery at an exploration well in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.
New milestone for Seadrill rig
Seadrill has tucked a new milestone under its belt, thanks to the installation of a controlled mud level (CML) system on one of its rigs.
JERA invests in CO2 capture and hydrogen storage tech company
Japan’s energy major JERA, through JERA Ventures, has invested approximately £1 million ($1.24 million) in Immaterial, a UK company that aims to accelerate the energy transition with its CO2 capture and hydrogen storage technologies. JERA said it will support startup growth and cocreation by offerin
MPA Singapore, Port of Rotterdam & partners set sights on 30 pct emission reduction by 2030
The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam (PoR) and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third Green Corridor workshop, held this week in Rotterda
Argeo on its way to have most advanced AUV fleet with latest expansion plan
Marine survey contractor Argeo has signed a letter of intent (LoI) with Kongsberg for a purchase agreement for three additional Hugin autonomous underwater vehicles (AUVs). With the purchase, Argeo said it will have the world’s most advanced AUV fleet. Argeo plans to purchase two Hugin Superior AUVs
Eleven arrested after activists expressed their ire over arrival of TotalEnergies’ FSRU in France
After a FSRU, chartered by TotalEnergies, arrived in France, climate activists took steps to express their dissatisfaction with its arrival.
Belgium’s CMB lifts option for ammonia-powered Capesize duo
Belgium-based shipping company Compagnie Maritime Belge (CMB) has exercised an option for the construction of two 210,000 dwt bulkers at China’s Qingdao Beihai Shipbuilding Heavy Industry, adding to its already massive orderbook at the yard. Namely, CMB already has ten 210,000 dwt bulkers under cons
New global initiative aiming to transform net zero hydrogen production
Cranfield University has announced it is leading the UK’s collaboration on an international partnership, the Global Hydrogen Production Technologies Center (HyPT), to make low-cost, large-scale, net zero hydrogen production a reality. The HyPT is a £14.1 million ($17.45 million) five-year project wh
DOF awarded extension of ‘large’ subsea service contract
Shortly after winning three contracts worth over $260 million, DOF Group secured an extension of what it described is a “large subsea service contract”. DOF reported on 19 September it had signed a letter of intent (LOI) with a “major oil company” for a one-year contract extension in the Atlantic re
BP picks interim CFO
BP has appointed an interim Chief Financial Officer (CFO), after moving its previous CFO to the interim Chief Executive Officer (CEO) role.
SEA-KIT one step closer to developing first type-approved USV control system
UK-headquartered SEA-KIT International has launched a proprietary vessel control system (VCS) with the goal of enhancing the capability of its uncrewed surface vessels (USVs). As part of the development, new autopilot and drive modules have been built into SEA-KIT’s existing, purpose-built remote he
Shell prolongs Aker Solutions’ work on natural gas facility serving Norwegian Sea field
Aker Solutions has secured a long-term contract extension with Shell for a natural gas processing plant in Norway.