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MacArtney to upgrade ROV operations on three Allseas vessels
Business & Finance

MacArtney to upgrade ROV operations on three Allseas vessels

Allseas has selected MacArtney to enhance and future-proof its remotely operated vehicle (ROV) operations with the replacement of three existing hydraulic launch and recovery systems with the all-electric eLARS. The scope covers three over-the-side 150 kN all-electric A-frames, including docking hea

about 1 year ago
Ampereship
Business & Finance

Ampereship, Ostseestaal to build fully electric ferry for Helgoland

German shipbuilder Ampereship and its affiliate Ostseestaal have been commissioned by the country’s offshore island Helgoland to develop and build an all-electric ferry.

about 1 year ago
Rendering of an LNG terminal
Business & Finance

$175M loan secured for NextDecade’s mega LNG project in Texas

Rio Grande LNG Super Holdings, a wholly-owned subsidiary of Houston-headquartered energy player NextDecade Corporation, has entered into a credit agreement with General Atlantic Credit’s Atlantic Park Fund. The loan will be put towards financing trains 4 and 5 at the liquefied natural gas (LNG) expo

about 1 year ago
Illustration; Source: KCA Deutag
Business & Finance

Helmerich & Payne-KCA Deutag merger establishes driller with ‘robust geographic and operational mix‘

U.S.-headquartered rig technologies and drilling solutions player Helmerich & Payne (H&P) has wrapped up its business combination with KCA Deutag.

about 1 year ago
Long-term use of biofuels as marine fuel depends on affordable supply, DNV says
Business Developments & Projects

Long-term use of biofuels as marine fuel depends on affordable supply, DNV says

While biofuels still hold a reputation as a promising solution to the decarbonization of the maritime sector, their long-term use could be hindered by limited supply in the future, DNV pointed out in the latest white paper.

about 1 year ago
UK’s Hydrogen Energy Association appoints new CEO
Business Developments & Projects

UK’s Hydrogen Energy Association appoints new CEO

United Kingdom’s (UK’s) Hydrogen Energy Association (HEA) has appointed Emma Guthrie as its new Chief Executive Officer (CEO), marking a new chapter in its role in the hydrogen energy sector.

about 1 year ago
High demand brings TGS four acquisition projects offshore Norway
Business & Finance

High demand brings TGS four acquisition projects offshore Norway

Norway-based energy data and intelligence company TGS has secured four 4D streamer contract acquisition projects offshore Norway, three in the North Sea and one in the Barents Sea. The North Sea campaign is set to start in early Q2 with back-to-back scheduling and a total duration of approximately 1

about 1 year ago
Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation
Business & Finance

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago
Norsepower
Collaboration

Full wind ahead: Norsepower clinches order to install its rotor sails on cargo carrier duo

Finland’s wind propulsion systems provider Norsepower and Norway-headquartered shipowner Berge Rederi have penned a deal to fit a duo of environmentally friendly general cargo carriers with two Norsepower rotor sails. The vessels are set to be equipped with two 24mx4m fixed rotor sails that were des

about 1 year ago
fully electric
Infrastructure

Germany’s ‘first’ all-electric seagoing vessel aces acceptance trials

A fully electric catamaran (E-Kat) ordered by German shipping company AG Reederei Norden-Frisia has wrapped up the official acceptance trials.

about 1 year ago
Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia
Business Developments & Projects

Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia

U.S. Plug Power has signed a purchase agreement with Australian Allied Green Ammonia (AGA) to supply three gigawatts (3 GW) of electrolyzer capacity to AGA’s green hydrogen-to-ammonia plant, currently under development in Australia.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Business & Finance

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

University of Hawaii advances wave energy tech via TEAMER

The University of Hawaii (UH) has made strides in wave energy research through the U.S. Department of Energy’s (DOE) Testing Expertise and Access for Marine Energy Research (TEAMER) program. According to the Water Power Technologies Office (WPTO), TEAMER has facilitated testing and refinement for t

about 1 year ago
Large vessel at sea
Business Developments & Projects

Japanese giant christens one LNG carrier and takes order for another

Japan’s shipping giant Mitsui O.S.K Lines (MOL) has named a liquefied natural gas (LNG) carrier to be chartered by TotalEnergies Gas & Power Limited (TGPL), a subsidiary of French energy firm TotalEnergies. Additionally, the firm signed a long-term charter contract for a LNG newbuild with compatriot

about 1 year ago
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