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Topside for the Quiluma offshore wellhead platform; Source: Saipem
Business & Finance

Saipem, BP & Eni JV cheer ‘major’ achievement toward start-up of first non-associated gas project (Gallery)

Saipem has outlined the inroads made in putting a natural gas project, said to be Angola’s first non-associated gas development, into operation mode, with the construction of a gas production topside for an Angola-bound offshore platform.

about 1 year ago
New partnership looking into sustainable propulsion technologies
Business Developments & Projects

New partnership looking into sustainable propulsion technologies

Dutch ship design company AURELIA has partnered up with compatriot nonprofit environmental engineering organization The Ocean Cleanup to conduct a feasibility study on innovative propulsion systems.

about 1 year ago
Transocean Endurance rig; Source: Songa Offshore/Transocean
Business & Finance

Transocean rig trio’s ongoing drilling gigs get an encore

Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia.

about 1 year ago
Evergreen splashes out $3 billion on new LNG dual-fuel containerships
Business & Finance

Evergreen splashes out $3 billion on new LNG dual-fuel containerships

Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards.

about 1 year ago
A large vessel at sea
Business Developments & Projects

Trafigura buying oil from Brazilian player’s Santos Basin field

Brazil’s oil and gas company Brava Energia has signed a contract with global commodity trading group Trafigura for the sale of oil produced at the former’s field in the Santos Basin offshore Brazil.

about 1 year ago
P2X Solutions’ hydrogen plant in Finland starts commercial operations
Business Developments & Projects

P2X Solutions’ hydrogen plant in Finland starts commercial operations

P2X Solutions has launched commercial operations of green hydrogen at its production plant in Harjavalta, Finland.

about 1 year ago
Singapore’s bio-LNG supplier comes on board SEA-LNG coalition
Business Developments & Projects

Singapore’s bio-LNG supplier comes on board SEA-LNG coalition

SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel, has welcomed a new member. Singapore-headquartered bio-LNG supplier Straits Bio-LNG has joined the coalition to make ‘real strides’ in promoting LNG as a practical solution for shipping decarbonization. Straits Bio-LNG is cur

about 1 year ago
HKC
Environment

Countdown to compliance: Are shipowners ready for the Hong Kong Convention?

With the Hong Kong Convention (HKC) coming into effect on June 26, 2025, the clock is ticking for shipowners who need to ensure compliance with regulatory controls and inspections concerning the recycling of their end-of-life vessels, Norway-based classification society DNV has stressed. In its new

about 1 year ago
Proteus Marine Renewables (PMR) has installed Japan’s first megawatt-scale tidal turbine, in the Naru Strait.
Business Developments & Projects

1.1 MW tidal turbine hits the water in Japan’s Naru Strait (Gallery)

UK-based tidal energy company Proteus Marine Renewables (PMR) has installed a megawatt-scale tidal turbine in the Naru Strait, Japan, making it “the first to operate such devices in two countries”. According to PMR, the AR1100 turbine is expected to generate 1.1 MW of power, supporting the decarboni

about 1 year ago
Three large tanks by the coast
Business Developments & Projects

LNG, CCS, and hydrogen lighting revamped Inpex’s path to ‘responsible’ energy transition

Japan’s energy company Inpex has introduced a series of organizational and branding changes intended to strengthen its business framework in line with its new strategy for the next ten years.

about 1 year ago
UK’s first HVDC cable factory starts showing contours
Business & Finance

Scottish submarine cable factory starts taking shape

The first batch of structural steel for Sumitomo Electric’s submarine cable manufacturing facility at the Port of Nigg in Scotland, set to form the backbone of the factory and warehouse structure, has arrived at the site. Sumitomo started the construction of what is said to be the UK’s first HVDC ca

about 1 year ago
ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway
Business Developments & Projects

ITM Power’s electrolyzer solution picked for Agder hydrogen project in Norway

ITM Power has signed a contract to supply four NEPTUNE V units, totalling 20 MW, for the first phase of Norway’s Hydrogen Hub Agder project.

about 1 year ago
Canada
Authorities & Government

Canada commits $25M to green shipping along British Columbia coastline

The Government of Canada is advancing green shipping initiatives along British Columbia’s coastline with up to C$35.5 million (circa $24.8 million) in funding to support three projects investing in clean technology and port infrastructure. As disclosed, the funding will be provided under Canada’s Gr

about 1 year ago
Austal: $172M shipbuilding deal formalized for hydrogen-ready ferry
Business & Finance

Austal: $172M shipbuilding deal formalized for hydrogen-ready ferry

Austal Australasia, a part of Australian shipbuilding company Austal, has signed a contract with Gotlandsbolaget of Sweden to design and construct a hydrogen-ready vehicle passenger ferry.

about 1 year ago
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