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Illustration; Source: BP
Business & Finance

BP to acquire 49% stake in Hyport Duqm green hydrogen project in Oman

DEME and OQ have reached an agreement to have BP as an equity partner and operator in the Hyport Duqm green hydrogen project.

about 2 years ago
Boskalis' Ndurance cable laying vessel at an offshore wind turbine.
Business Developments & Projects

Boskalis connects all export cables and platforms for offshore wind farm in Netherlands

Boskalis, an offshore construction company, has completed the connection of all export cables and platforms for the offshore wind farm being developed by RWE in the Dutch North Sea. Off the coast of the Netherlands, Boskalis connected all the export cables the company recently installed for the shor

about 2 years ago
VARD's newbuild 962 CLV leaves Romania and sets sail to Norway; Source: VARD
Business & Finance

VARD’s new cable-laying vessel making its way to Norwegian waters (Video)

VARD is looking forward to welcoming to Norway a cable-laying vessel (CLV) it is constructing for Denmark’s subsea specialist NCT Offshore.

about 2 years ago
NYK: Cost reduction is the most important factor in promoting CCS
Carbon Capture Usage & Storage

NYK: Cost reduction is the most important factor in promoting CCS

Reducing the costs of marine transportation in the CCS value chain is seen as the most important factor in promoting CCS by Japan’s NYK.

about 2 years ago
LNG-powered
Research & Development

SEA-LNG: Methane slip for all engine technologies to be eliminated within decade

Industry coalition SEA-LNG has underlined the significant progress being made to eradicate methane slip as the uptake of the liquefied natural gas (LNG) pathway accelerates.

about 2 years ago
CSV Edda Freya; Source: DeepOcean
Business & Finance

BP puts UK field in rearview mirror as DeepOcean’s vessel pulls largest SSIV out of North Sea (Gallery)

DeepOcean has tucked a new decommissioning milestone under its belt by removing what has been deemed to be the largest subsea isolation valve (SSIV) in the North Sea.

about 2 years ago
Tidal energy could contribute to decarbonizing Alaska’s Railbelt by 2035 and facilitate the production of clean fuels like hydrogen, growing the state's economy, a recent U.S. study has shown.
Business Developments & Projects

Tidal energy could help decarbonize Alaska’s Railbelt by 2035, study shows

Tidal energy could contribute to decarbonizing Alaska’s Railbelt by 2035 and facilitate the production of clean fuels like hydrogen, growing the state’s economy, a recent U.S. study has shown.

about 2 years ago
Veer selects Fosen to build ‘first’ zero-emission ocean-going boxship
Business Developments & Projects

Veer selects Fosen to build ‘first’ zero-emission ocean-going boxship

Veer and Fosen Shipyard have signed a letter of intent (LOI) to develop, construct, sell and purchase two firm units of wind-powered and hydrogen-assisted container ships.

about 2 years ago
PSC signing ceremony; Source: Petronas
Authorities & Government

Multiple oil & gas firms ink deals for 12 fields offshore Malaysia

Petronas has signed production sharing contracts (PSCs) with several oil and gas players for three clusters of discovered resource opportunities (DRO) situated offshore Peninsular Malaysia as part of the first round of Malaysia Bid Round Plus (MBR+).

about 2 years ago
Modelling CO2 injection; Source: Kongsberg Digital
Business & Finance

Canadian integrated CCS solution enhancing North Sea carbon storage project

Sval Energi has selected a comprehensive carbon capture and storage (CCS) solution developed by Canada-based Computer Modelling Group (CMG) for one of its CO2 transportation and storage projects in the Norwegian North Sea.

about 2 years ago
Jebel Ali Port welcomes COSCO Shipping’s LNG dual-fuel RoRo ship
Ports & Logistics

Jebel Ali Port welcomes COSCO Shipping’s LNG dual-fuel RoRo ship

UAE-based logistics giant DP World has welcomed COSCO Shipping’s liquefied natural gas (LNG) dual-fuel roll-on/roll-off (RoRo) ship Min Jiang Kou to Jebel Ali Port for the very first time.

about 2 years ago
The illustration for Powering the Blue Economy: Power at Sea (Courtesy of the U.S. DOE's American Made Challenges) WPTO
Business & Finance

US DOE unveils notice of intent to fund wave energy tech advancement

The U.S. Department of Energy’s (U.S. DOE’s) Water Power Technologies Office (WPTO) has disclosed an intent to provide up to $112.5 million to advance the commercial readiness of wave energy technologies through open water testing and system validation.

about 2 years ago
MOL obtains ‘world’s first’ approval for LNG carrier with wind-assisted propulsion
Business Developments & Projects

MOL obtains ‘world’s first’ approval for LNG carrier with wind-assisted propulsion

MOL received AiP from ClassNK for the design of a membrane LNG carrier installing Wind Challenger, a hard sail wind power propulsion system.

about 2 years ago
IJmuiden Ver
Business Developments & Projects

Ocean Infinity, Fugro win contracts for Dutch geotechnical surveys

The Netherlands Enterprise Agency (RVO) has awarded Fugro and Ocean Infinity AB contracts to carry out geotechnical investigations at the Doordewind zone, one of the three new areas designated by the Dutch Government in 2022 to increase offshore wind capacity. RVO launched the tender for offshore ge

about 2 years ago
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