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The ACHIEVE team is advancing preparations for the deployment of its CETO wave energy prototype in Spain at the Biscay Marine Energy Platform.
Business Developments & Projects

ACHIEVE program’s team prepares for wave energy prototype deployment in Spain

The ACHIEVE program’s team is progressing with preparations for the deployment of the CETO wave energy prototype in Spain at the Biscay Marine Energy Platform (BiMEP), securing drivetrain components and moving forward with fabrication. According to EuropeWave, key milestones include the procurement

about 1 year ago
Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard
Business & Finance

Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard

Norwegian vessel operator Sea1 Offshore, ex-Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for an additional two next-generation offshore energy support vessels (OESVs), sisters to the two ordered at the end of 2024. Sea1 Offshore placed the order for the first two OESVs wit

about 1 year ago
ETAP facility in the North Sea; Source: BP
Business & Finance

North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS).

about 1 year ago
Karpowership taps MAN ES to deliver dual-fuel engines for newbuild powerships
Business Developments & Projects

Karpowership taps MAN ES to deliver dual-fuel engines for newbuild powerships

Karpowership, Turkiye’s builder, owner, and operator of floating power plants (Powerships), has contracted German engine maker MAN Energy Solutions (MAN ES) to deliver dual-fuel engines for its newbuilds.

about 1 year ago
Keppel and JBIC partner on energy transition and digitalization opportunities in Asia
Business Developments & Projects

Keppel and JBIC partner on energy transition and digitalization opportunities in Asia

Keppel has signed a non-binding MoU with the Japan Bank for International Cooperation (JBIC), aimed at establishing a clean energy supply chain in Asia that is expected to help advance the energy transition and promote sustainable digitalization in the region.

about 1 year ago
Prysmian’s two new cable layers fitted with Miros wave monitoring technology
Business & Finance

Prysmian’s two new cable layers fitted with Miros wave monitoring technology

Italian cabling company Prysmian Group has fitted two of its new cable-laying vessels (CLVs) Monna Lisa and Marco Polo with wave monitoring technology from Miros. According to Miros, by integrating the WaveSystem and Miros Cloud technology, the vessels will benefit from improved situational awarenes

about 1 year ago
K Line’s unit secures green loan for electric tugboat
Business & Finance

K Line’s unit secures green loan for electric tugboat

Daito Corporation, a subsidiary of Japanese shipping company K Line, has secured a green loan to finance the construction of an electric tugboat ordered in November 2024.

about 1 year ago
Illustration; Source: Petrobras
Business & Finance

Oil & gas drilling adds another hydrocarbon find to Petrobras’ Brazilian arsenal

Petrobras has made a new hydrocarbon discovery at an exploration well in the pre-salt Campos Basin off the coast of Brazil, South America.

about 1 year ago
Aramco completes acquisition of 50% stake in Air Products Qudra’s hydrogen business
Business & Finance

Aramco completes acquisition of 50% stake in Air Products Qudra’s hydrogen business

Aramco has completed the acquisition of a 50% equity interest in Blue Hydrogen Industrial Gases Company (BHIG), a subsidiary of Air Products Qudra (APQ).

about 1 year ago
HMM
Infrastructure

HMM welcomes its first methanol-powered 9,000 TEU containership

South Korean shipping company HMM has taken delivery of HMM Green, its first new 9,000 TEU methanol-powered containership.

about 1 year ago
ammonia
Business Developments & Projects

Japanese consortium considering investment in green ammonia project in India

Six Japanese companies will investigate investment options in a green ammonia production currently under development in India and work towards Japan’s first import of green ammonia.

about 1 year ago
Safe Scandinavia; Source: Prosafe
Business & Finance

Prosafe gives 1984-built vessel marching orders for recycling after six-year cold layup

Prosafe is parting ways with a 41-year-old anchor-moored semi-submersible tender support and accommodation vessel, which will leave its fleet later this year to go on a recycling mission.

about 1 year ago
TechnipFMC wins big for third phase of Norway’s third-largest oil field
Business & Finance

TechnipFMC wins big for third phase of Norway’s third-largest oil field

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract with Norwegian state-owned energy giant Equinor for the third phase of what is said to be the third largest oil field on the Norwegian Continental Shelf (NCS). As part of the contract defin

about 1 year ago
ABS
Collaboration

ABS and PIL ink collaboration deal on green and safe shipping

Classification society American Bureau of Shipping (ABS) has joined forces with Singapore-based shipping company Pacific International Lines (PIL) to work together on projects concerning maritime technology, sustainability and safety management systems. As informed, under the memorandum of understan

about 1 year ago
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