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FPSO BW Pioneer; Source: BW Offshore
Business & Finance

US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings

Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.

about 1 year ago
EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million
Authorities & Government

EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million

The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project.

about 1 year ago
China
Authorities & Government

China building 62% of new ships ordered globally in spite of looming US tariffs

China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook.

about 1 year ago
Dozens of people standing in several rows at a steel-cutting ceremony
Business Developments & Projects

Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds

South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).

about 1 year ago
Port of Tyne invests in UK’s first fully electric foiling pilot vessel
Business Developments & Projects

Port of Tyne invests in UK’s first fully electric foiling pilot vessel

UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”.

about 1 year ago
Havila's 20-year-old subsea vessel gets contract extension in Brazil
Business & Finance

Havila’s 20-year-old subsea vessel gets contract extension in Brazil

Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea vessel Havila Harmony with Brazilian company OceanPact. Founded in 2007 in Rio de Janeiro, OceanPact offers services for the study, protection, monitoring and sustainable use of the sea, the coast and

about 1 year ago
Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain
Business Developments & Projects

Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain

Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project.

about 1 year ago
LR and Prodigy to work on transportable nuclear power plants
Business Developments & Projects

LR and Prodigy to work on transportable nuclear power plants

North American developer of marine- and land-based transportable nuclear power plants (TNPPs) Prodigy Clean Energy has joined forces with classification society Lloyd’s Register (LR) to complete the development of lifecycle requirements for its TNPPs and start their fabrication by late 2020s.

about 1 year ago
A rendering of a floating liquefied natural gas facility
Business Developments & Projects

Indonesia’s first FLNG to feature Norwegian firm’s compressors

Norway’s TMC Compressors has been selected to deliver a marine compressed air system for the floating liquefied natural gas (FLNG) facility China-based provider of clean energy services Wison New Energies is building for Malaysia’s investment holding and management player Genting.

about 1 year ago
EnBW He Dreiht
Business Developments & Projects

Offshore cabling work kicks off at EnBW’s He Dreiht wind farm in Germany

EnBW is laying the first submarine cable of the internal wind farm cabling that connects all 64 Vestas V236-15.0 MW turbines of the 960 MW He Dreiht offshore wind farm. Seaway7 has been commissioned with the task. In 2022, EnBW awarded the company an engineering, procurement, installation, and commi

about 1 year ago
HIF Global
Certification & Classification

HIF Global wins ‘first’ US approval for e-fuels pathway

US-based e-fuels producer HIF Global has been granted the ‘first’ domestic approval for an e-fuels pathway under the California Air Resource Board’s (CARB) “Low Carbon Fuel Standard (LCFS)” program. As disclosed, HIF Global was awarded the Tier II Design Pathway Certification under the LCFS initiati

about 1 year ago
Italy targets 1 GW of offshore solar within five years
Business & Finance

Italy could install 1 GW of offshore solar in next five years, report says

Italy could install up to 1 GW of offshore solar capacity in the next five years, enough to supply electricity to around half a million households annually, according to estimates of a new position paper by the Italian Association of Offshore Renewable Energy (AERO). Unveiled by SolarinBlue, the rep

about 1 year ago
An offshore rig transported on a vessel
Business Developments & Projects

Pertamina deploying AI to enhance safety across offshore assets

Indonesia’s state-owned oil and natural gas corporation Pertamina has entered a partnership agreement with Vietnam-headquartered IT firm FPT to use AI-powered solutions to increase the safety of its offshore assets.

about 1 year ago
Provaris moving full steam ahead with hydrogen and CO2 programs in Norway
Business Developments & Projects

Provaris moving full steam ahead with hydrogen and CO2 programs in Norway

Green hydrogen projects developer Provaris Energy has provided new updates on commercial and technical developments in its hydrogen and CO2 storage and transport programs in Norway.

about 1 year ago
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