Business & Finance
Large-scale Battolyser plant for green hydrogen production to be set up in Rotterdam Port
The Dutch Port of Rotterdam has been selected as the location for the first large-scale Battolyser factory that aims to meet the growing demand for green hydrogen and electricity storage. Battolyser Systems is the developer and manufacturer of the world’s first integrated battery/electrolyser system
More drilling work on Johan Sverdrup for Odfjell rig
Equinor has exercised its option to drill additional wells with the Odfjell Drilling-owned rig, extending the rig’s stay offshore Norway.
Neptune prolongs SeaMar vessel’s stay in North Sea
SeaMar has secured a second contract extension with Neptune Energy Netherlands for one of its diving support vessels (DSVs).
All systems go for Equinor to drill two North Sea wells
Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea off Norway, using one of Transocean’s rigs.
In focus: Hydrocarbon industry stepping stone to a world powered by offshore renewables and clean fuels (OEEC 2022 Edition)
As the industry is preparing to meet in Amsterdam next week at the Offshore Energy Exhibition & Conference (OEEC) 2022, headlines over the past few weeks show the same as the exhibitors’ and speakers’ list for this year’s OEEC – just how much offshore oil & gas and LNG industries, and industries suc
Equinor picks contractor for work on its gas project in Norwegian Sea
Equinor has awarded a new contract to Aibel for extensive modifications and preparation of a platform for a tie-in of another gas field.
Developer of world’s 1st shipping tunnel raising $75 mln
Zergratran SA, a transportation company that is building the world’s first tunnel to expedite shipping goods between the North Atlantic and the North Pacific, has announced its Reg A+ offering to raise $75 million in funding as its initial step to building the first Green Shipping Corridor. The Puer
ABB to equip 10 COSCO Shipping’s boxships with shaft generators
Swiss-based technology developer ABB has secured a breakthrough contract with the shipyard COSCO Shipping Heavy Industry (Yangzhou) to equip ten China COSCO Shipping Corporation Limited’s container vessels with its permanent magnet shaft generator systems. Due for delivery by the end of 2025, the or
Finnish green energy producer bags R&D funding for hydrogen and ammonia
Green NortH2 Energy, a pioneer of green ammonia production in Finland, has won R&D funding from Business Finland, a public organisation under the Finnish Ministry of Employment and the Economy. Green NortH2 Energy has been granted €2.3 million in research and development funding that will be used in
Canadians join forces to advance renewable ocean energy
Canada’s Ocean Supercluster (OSC) and Marine Renewables Canada (MRC) have formed a collaborative partnership to share knowledge and support the advancement of marine renewable energy in Canada.
Petrofac boss handing over the reins to member of McDermott’s exec committee
Petrofac has picked a member of McDermott’s executive committee to replace its current group chief executive, who will step down next year.
Maersk settles sexual assault litigation with former midshipman
Maersk Line Limited (MLL), a wholly-owned subsidiary of A.P. Moller – Maersk, has settled litigation with Hope Hicks, a former midshipman on the Maersk Line’s ship Alliance Fairfax, filed against the company in New York Supreme Court in June for sexual assault and harassment during her cadet Sea Yea
World’s first: Port of Antwerp-Bruges 1st methanol tug gets fitted with engines
The conversion of a Port of Antwerp-Bruges tug to methanol has officially been launched at the beginning of this week with the first engine installed on Monday, November 21. The second dual-fuel engine is set to be installed next week enabling the vessel to run both on methanol and conventional fuel
Keppel hands over first of three newbuild jack-up rigs to ADNOC Drilling
Keppel Offshore & Marine (Keppel O&M), has delivered the first of three newbuild jack-up rigs to the UAE’s ADNOC Drilling.