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Ulstein tasked with converting two PSVs to geotechnical vessels
Business & Finance

Ulstein tasked with converting two PSVs into geotechnical vessels

Ulstein Design & Solutions has secured a contract with Fugro to redesign and convert two platform supply vessels (PSVs) into geotechnical vessels. Fugro said that by retrofitting the ULSTEIN PX121 design Fugro Resilience and Topaz Endurance PSVs, both built in 2015, it could unlock their versatile p

about 2 years ago
Construction starts on NYK Cruises’ LNG-powered Asuka III
Business Developments & Projects

Construction starts on NYK Cruises’ LNG-powered Asuka III

Construction of the new cruise ship for NYK Cruises, a division of Japanese shipping company NYK, has begun at German shipyard Meyer Werft with a steel-cutting ceremony.

about 2 years ago
Pluto LNG Plant; Source: Woodside
Business Developments & Projects

KBR wins EPC contract for Pluto LNG project

U.S. engineering company KBR has been awarded an engineering, procurement and construction (EPC) management contract by Woodside Energy, as operator for and on behalf of the Pluto Joint Venture. Under the contract, KBR will undertake modifications to train 1 of Woodside’s Pluto LNG facility, located

about 2 years ago
North field off Qatar; Source: QatarEnergy LNG
Business & Finance

Saipem picks Chinese player for Qatar-bound offshore gas platform

Saipem has hired China’s Bomesc to build a compression facility for an offshore natural gas project off the northern coast of Qatar.

about 2 years ago
Danes order Chinese submarine cables for €8.5 million
Business & Finance

Danes order Chinese submarine cables for €8.5 million

Denmark’s transmission system operator (TSO) Energinet has awarded China’s Zhongtian Technology Submarine Cable (ZTTSC) with a contract for the delivery of submarine cable for Danish waters. Energinet selected ZTTSC for the delivery of approximately 12 kilometers of 145 kV submarine cable system to

about 2 years ago
Scarabeo 8 rig; Source: Saipem
Authorities & Government

Aker BP to spud North Sea prospects with Saipem rig

Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 2 years ago
Anemoi-MV-Afros-1
Business & Finance

Wind-propulsion installations poised to surpass 50 mark in early 2024

Wind propulsion installations on large vessels are on track to surpass the 50 mark in early 2024, according to a recent update by Gavin Allwright, Secretary General of the International Windship Association (IWSA). This achievement reflects the continued momentum behind wind propulsion solutions and

about 2 years ago
The SeaVolt offshore solar platform installed in the North Sea (Courtesy of SeaVolt consortium)
Business Developments & Projects

SeaVolt launches first of a kind offshore solar platform

The SeaVolt consortium has installed its first of a kind offshore solar platform at the Blue Accelerator test site, near the Port of Ostend in Belgium.

about 2 years ago
Hanwha and affiliates to establish clean hydrogen value chain
Business & Finance

Hanwha and affiliates to establish clean hydrogen value chain

South Korean Hanwha Group has announced the potential creation of a comprehensive clean hydrogen value chain through collaboration with seven of its affiliates, Hanwha Corporation, Hanwha Energy, Hanwha Solutions, Hanwha Aerospace, Hanwha Ocean, Hanwha Impact and Hanwha Power Systems. The hydrogen v

about 2 years ago
Subsea Integration Alliance and BP unite to enhance subsea project performance
Business & Finance

Subsea Integration Alliance and BP unite to enhance subsea project performance

Subsea Integration Alliance has signed a memorandum of understanding (MoU) with UK energy giant BP aimed at developing a framework to enhance subsea project performance. Signed at an official ceremony in London on September 22, the agreement between BP and the alliance that comprises Subsea7 and One

about 2 years ago
Rotterdam
Ports & Logistics

Port of Rotterdam, Yokogawa exploring increase of energy and resource efficiency

The Port of Rotterdam Authority and Yokogawa Electric Corporation have initiated a feasibility study into increasing cross-industry integration for the efficient use of energy and utilities in the Rotterdam industrial cluster.

about 2 years ago
COSCO Shipping Energy buys into MOL’s LNG carrier trio
Business Developments & Projects

COSCO Shipping Energy buys into MOL’s LNG carrier trio

China’s tanker major COSCO Shipping Energy Transportation Co. revealed that it will take part in the investment and construction of three LNG carriers. This endeavor will see COSCO Shipping LNG Investment acquire a 49% stake in three single-ship companies established by Japanese Mitsui O.S.K. Lines,

about 2 years ago
Illustration; Source: BOEM
Authorities & Government

Court order pushes US to expand Gulf of Mexico oil & gas lease sale with previously removed blocks

BOEM is taking steps to comply with a court order regarding the incoming offshore oil and gas lease sale for acreage in the Gulf of Mexico.

about 2 years ago
HD Hyundai strikes deal for 16 sets of methanol-powered engines
Business Developments & Projects

HD Hyundai strikes deal for 16 sets of methanol-powered engines

HD Hyundai Heavy Industries – Engine & Machinery has signed a contract for a total of 16 sets of methanol-powered engines.

about 2 years ago
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