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HD HHI
Business Developments & Projects

Innovation in maritime: HD HHI to begin LNG boil-off gas recycling demonstration

South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has embarked on a project to demonstrate how to recycle evaporated gas emitted into the atmosphere during the construction of liquefied natural gas-powered ships into city gas.

about 1 year ago
Hugin A module; Source: Aker BP
Business & Finance

WATCH: ‘Key’ piece of North Sea oil & gas platform ready for next stage

Drydocks World Dubai, a part of DP World, has slid the final section of a module into place for a new platform destined for deployment at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
An offshore platform with a vessel next to it
Business Developments & Projects

‘Significant’ hydrocarbon discovery made in Nigeria’s shallow-water field

The Nigerian National Petroleum Company (NNPC) and its compatriot joint venture (JV) partner First Exploration & Petroleum Development Company (First E&P) have made a hydrocarbon discovery in a field located in a shallow-water region off the coast of Bayelsa, Nigeria.

about 1 year ago
Algoma hits ship delivery trifecta on fleet renewal quest
Business Developments & Projects

Algoma hits ship delivery trifecta on fleet renewal quest

Canada’s shipping company Algoma Central Corporation has taken delivery of three new ships, including dual-fuel and methanol-ready product tankers, as part of its fleet modernization and diversification program.

about 1 year ago
DeepOcean, Solstad and Østensjø Rederi launch advanced, 24-meter unmanned surface vessel
Business & Finance

DeepOcean, Solstad and Østensjø Rederi launch advanced, 24-meter unmanned surface vessel

DeepOcean, Solstad Offshore and Østensjø Rederi have christened and launched their advanced, 24-meter-long unmanned surface vessel (USV) Challenger, following several years of development. GONDAN Shipbuilders started the construction of the USV in March 2024, following the order from USV A/S, a join

about 1 year ago
Illustration; Source: AF Offshore Decom - Helene Pettersen
Business & Finance

Multi-million oil & gas decom gig for UK’s offshore platform trio goes to Norwegian firm

AF Gruppen has tucked a new decommissioning assignment under its belt on the UK Continental Shelf (UKCS), which will enable it to take part in engineering and offshore preparation activities for the removal of three platforms in UK waters.

about 1 year ago
Hapag-Lloyd
Business & Finance

Hapag-Lloyd’s HGT secures majority control of Le Havre container terminal

Rotterdam-headquartered Hanseatic Global Terminals (HGT), a fully owned subsidiary of Germany’s container shipping titan Hapag-Lloyd, has acquired a majority stake in CNMP LH, operator of the Atlantique container terminal in Le Havre, France. As informed, HGT has purchased 60% of the shares in CNMP

about 1 year ago
Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía - EVE) for its ACHIEVE+ wave energy project.
Business & Finance

Carnegie Clean Energy’s wave energy technology gets funding boost

Australia’s wave energy developer Carnegie Clean Energy has received a €317,945 “milestone payment” from the Basque Energy Agency (Ente Vasco de la Energía – EVE) for its ACHIEVE+ wave energy project. The company’s subsidiary, Carnegie Technologies Spain, secured the payment under EVE’s grants progr

about 1 year ago
WasteFuel and ITC advance green methanol project in Türkiye
Business Developments & Projects

WasteFuel and ITC advance green methanol project in Türkiye

WasteFuel and ITC have partnered to commence the front-end engineering design (FEED) on a green methanol biorefinery in Ankara, Türkiye.

about 1 year ago
FPSO Alexandre de Gusmão; Sourcce: SBM Offshore
Business & Finance

SBM Offshore bids welcome to its ninth FPSO in Brazilian waters (Gallery)

SBM Offshore has corroborated the arrival of a floating production, storage, and offloading (FPSO) vessel to the pre-salt layer of the Santos Basin, which will be the fifth addition to Petrobras’ huge oil field off the coast of Brazil once it flows its first oil later this year.

about 1 year ago
A large ship next to an LNG terminal
Business Developments & Projects

Vietnam’s energy security getting a boost with FSRU addition

PetroVietnam Gas Corporation (PV Gas) has offered what it says are stable and sustainable gas source solutions for power generation in Vietnam in the next five years, including an addition of a floating storage and regasification unit (FSRU) to the country’s liquefied national gas (LNG) terminal.

about 1 year ago
Tyra II; Source: TotalEnergies
Business & Finance

TotalEnergies weeks away from full capacity as its North Sea gas hub hits a snag

TotalEnergies has run into an operational obstacle, which is standing in the way of hitting full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
Noble Viking drillship; Source: Noble Corporation
Business & Finance

Shell taps Noble’s 2013-built rig for Asian offshore drilling assignment

Shell has booked a drillship owned by Noble Corporation for drilling activities off the coast of Brunei.

about 1 year ago
MV Stena Immaculate; Source: Stena Bulk
Business & Finance

‘Foul play’ among suspected reasons behind oil tanker–cargo ship North Sea collision

After two ships caught fire in the wake of a collision between a U.S.-flagged oil tanker and a Portuguese container ship, which occurred in the North Sea, north of England, U.S. officials have reportedly been unable to rule out ‘foul play,’ as a potential cause for the crash that set these vessels a

about 1 year ago
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