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Seagliders
Business Developments & Projects

Seagliders could be a game changer for Hawai’i’s sustainable future

Seagliders will have a positive impact on Hawaiʻi, according to a study commissioned by the Hawaiʻi Seaglider Initiative (HSI), a coalition of local stakeholders working to increase awareness and adoption of seagliders in the state.

about 1 year ago
$900M contract win lands on Saipem's desk for Shell's project in Nigeria
Business & Finance

$900M contract win lands on Saipem’s desk for Shell’s project in Nigeria

Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), Saipem will deliver t

about 1 year ago
CMA CGM
Collaboration

CMA CGM’s newest LNG dual fuel boxship touches water

France-based shipping titan CMA CGM has launched the 85,700 dwt CMA CGM Petra, the first in a series of six container vessels that are set to join the company’s liquefied natural gas (LNG)-powered fleet. According to London-based data provider VesselsValue, the Post Panamax boxship was built by Sout

about 1 year ago
Ocean Kinetics and Green Marine wrap up OpenHydro tidal platform decommissioning
Business Developments & Projects

Ocean Kinetics and Green Marine wrap up OpenHydro tidal platform decommissioning

Two Scottish companies, Ocean Kinetics and Green Marine, have completed the decommissioning of OpenHydro’s tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney. According to Ocean Kinetics, the decommissioning project managed under a contract with EMEC, involved dismantling th

about 1 year ago
A man viewed from the back looking at an offshore platform
Business Developments & Projects

Brazilian firm taking stake in Equatorial Margin gas infrastructure

Brazilian oil and gas player Brava Energia has signed a binding partnership agreement with compatriot firm PetroReconcavo laying down the conditions for the latter’s acquisition of the natural gas outflow and processing infrastructure in the Potiguar Basin, which is part of the Equatorial Margin.

about 1 year ago
Allseas begins prep work for Australia's 'largest-ever' offshore decommissioning job
Business & Finance

Allseas begins prep work for Australia’s ‘largest-ever’ offshore decommissioning job

Allseas has begun the planning and preparation for what it says is the largest-ever offshore decommissioning assignment in Australia, encompassing the removal of up to 12 retired platforms. Allseas has been appointed by Esso Australia, a subsidiary of ExxonMobil Australia, to remove 12 topsides and

about 1 year ago
Main Pass I jack-up rig; Source: Shelf Drilling
Business & Finance

After rig suspension, Shelf Drilling releases 42-year-old jack-up from active duty

Shelf Drilling has decided to remove its 1982-built jack-up rig from active service, following a recent suspension of operations in the Middle East.

about 1 year ago
EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus
Authorities & Government

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

about 1 year ago
SAIC
Business & Finance

COSCO, SIPG take a 20% stake in Chinese logistics player SAIC Anji

Chinese state-owned transportation service conglomerate COSCO SHIPPING Group and terminal operator Shanghai International Port Group (SIPG) have invested in SAIC Anji Logistics, a logistics unit owned by Shanghai-based SAIC Motor Corp, each obtaining 10% of the company’s shares.

about 1 year ago
DeepOcean stays alone in contract with Equinor as TechnipFMC opts out
Business & Finance

DeepOcean stays alone in contract with Equinor as TechnipFMC opts out

Norwegian ocean services provider DeepOcean is taking 100% ownership of the pipeline repair and subsea intervention (PRSI) Pool Services contract with Equinor, formerly operated in a joint venture (JV) with TechnipFMC. To remind, Equinor has operational responsibility for what is said to be the worl

about 1 year ago
zura Ocean Wave Energy Unit (Right) sitting in ocean water. Graphic (left) depicts how the device looks and works underwater.
Business Developments & Projects

Wave energy microgrids poised to power Australian aquaculture

Australia’s aquaculture sector is moving towards a clean energy transformation, with wave energy microgrids identified as a viable solution to power operations and reduce emissions. Backed by findings from the Fisheries Research and Development Corporation (FRDC)-funded AquaGrid feasibility study, t

about 1 year ago
Pacific Northwest Hydrogen Association and MHI Hydrogen Infrastructure formalize collaboration to further advance clean energy objectives
Business Developments & Projects

Pacific Northwest Hydrogen Association and MHI Hydrogen Infrastructure formalize collaboration to further advance clean energy objectives

The Pacific Northwest Hydrogen Association (PNWH2) and MHI Hydrogen Infrastructure’s (MHI H2I’s) Boardman Hydrogen Hub project have signed a subrecipient agreement that advances PNWH2’s objectives and movement toward the deployment of clean hydrogen infrastructure and technologies in the region.

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

Noble drillship gets multi-well drilling job in Africa

Noble Corporation has landed a new drilling campaign in western Africa, which one of its drillships will carry out off the coast of Ghana.

about 1 year ago
NYK
Collaboration

NYK, Yusen Logistics embrace 123Carbon’s platform to manage GHG emission reductions

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and compatriot logistics provider Yusen Logistics (YL) have introduced a digital platform for managing greenhouse gas (GHG) emission reductions.

about 1 year ago
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