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Illustration; Source: Strategic Marine
Business Developments & Projects

Trio building high-speed aluminum ‘vessels of tomorrow’ for oil & gas industry

Strategic Marine and partners will build three 35-meter surface effect ships (SES), which will be used in the offshore oil and gas industry.

about 2 years ago
CPN
Vessels

NS United orders methanol-fueled bulk carrier in Japan

Japanese shipping company NS United Kaiun Kaisha (NS United) has signed a Memorandum of Understanding (MoU) with compatriot companies Nippon Shipyard (NSY), Imabari Shipbuilding, and Japan Marine United Corporation for the construction of a methanol-powered bulk carrier.

about 2 years ago
Port of Antwerp-Bruges
Business Developments & Projects

Port of Antwerp-Bruges: ‘World’s first’ methanol-powered tug launched

The Port of Antwerp-Bruges has launched Methatug, described as “the world’s first” methanol-powered tugboat.

about 2 years ago
SafeWAVE project bolsters ocean energy data platform
Business Developments & Projects

SafeWAVE project bolsters ocean energy data platform

MARENDATA, formerly supported by EU projects like SOWFIA, WESE, and SeaWAVE, continues to expand its data sets through the SafeWAVE initiative. It retains all existing datasets while introducing new ones.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
Business & Finance

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
Australian duo eyes ammonia bunkering business opportunities
Authorities & Government

Australian duo eyes ammonia bunkering business opportunities

Hexagon Energy Materials has signed an MoU with Oceania Marine Energy regarding the potential development of a low-emissions ammonia bunkering business at Dampier, in the Pilbara region of Western Australia.

about 2 years ago
NKT performs remediation work at 12-year-old Irish Sea interconnector
Business & Finance

NKT performs remediation work at 12-year-old Irish Sea interconnector

Denmark’s NKT has completed inspection survey and remediation work on an interconnector that has been linking the electricity transmission grids of Ireland and Great Britain for twelve years. The specialized inspection and remediation work on the East West HVDC interconnector (EWIC) allows the owner

about 2 years ago
Gothenburg Port: Digitalized port calls could reduce CO2 emissions by 6,000 tons
Ports & Logistics

Gothenburg Port: Digitalized port calls could reduce CO2 emissions by 6,000 tons

The Port of Gothenburg expects a decrease of 6,000 tons of CO2 emissions in the port area per year thanks to the conditions created by digitalized port calls.

about 2 years ago
Heidrun field on Haltenbanken in the Norwegian Sea; Source: Harald Pettersen/Equinor
Business & Finance

Equinor and Petoro swap assets in Norwegian waters

Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

about 2 years ago
Chris Cox, Serica's incoming CEO; Source: Nostrum Oil & Gas
Human Capital

Former Spirit Energy CEO takes the same role at Serica

UK’s Serica Energy has picked a new CEO to spearhead the company which has been in the hands of an Interim CEO for over three months.

about 2 years ago
Technical due diligence wraps up for what will be world's longest HVDC subsea cable
Business & Finance

Technical due diligence wraps up for what will be world’s longest HVDC subsea cable

Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn

about 2 years ago
Tahkoluoto, Finland's first commercial offshore wind farm, photographed from a vessel
Business Developments & Projects

Finnish developer probing seabed at extension site of world’s first offshore wind farm in freezing conditions

Suomen Hyötytuuli has performed test dredging at the site of the Tahkoluoto offshore wind farm extension project, where the company plans to build a 600+ MW expansion to the existing 44.3 MW offshore wind farm, the world’s first built and operating in frozen sea conditions. The test dredging was car

about 2 years ago
Illustration; Source: Petronas
Authorities & Government

Petronas takes steps to unlock more hydrocarbons in Indonesian waters

Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

about 2 years ago
MOL, MISC and Petronas launch JV to develop and acquire LCO2 carriers
Collaboration

MOL, MISC and Petronas launch JV to develop and acquire LCO2 carriers

Malaysia’s state-owned energy giant PETRONAS, through its wholly-owned subsidiary PETRONAS CCS Ventures, its compatriot shipowner MISC Berhad and Japanese shipping major Mitsui O.S.K Lines (MOL) have signed an agreement to launch a joint venture company for the purpose of developing and owning liqui

about 2 years ago
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