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ABS
Business Developments & Projects

ABS, HD KSOE and HD HHI team up on MVDC power systems for ships

American class society ABS and South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its affiliate HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to collaborate on the technical feasibility of medium-voltage direct current (MVDC) power syste

about 2 years ago
Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
Business Developments & Projects

Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says

The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.

about 2 years ago
Illustration; Source: Petrobras
Business & Finance

Petrobras sets its cap on 14 new FPSOs by 2028 but decarbonization bells and whistles are a must for all

Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.

about 2 years ago
Under 'significant' contract, TechnipFMC to deliver fully integrated project for Australian energy giant
Business & Finance

Under ‘significant’ contract, TechnipFMC to deliver fully integrated project for Australian energy giant

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

about 2 years ago
AHTS Siem Emerald; Source: Siem Offshore
Business & Finance

Norwegian shipping player’s vessel going to South America

Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.

about 2 years ago
Illustration; Source: Soiltech
Business & Finance

Norwegian firm wins work on semi-sub offshore Mauritania

Norway-based cleantech service provider Soiltech has landed a new contract with Tullow Oil for operations off the coast of Mauritania.

about 2 years ago
Agreement signed for ‘world’s first’ biomass-fueled ship
Business Developments & Projects

Agreement signed for ‘world’s first’ biomass-fueled ship

Japanese companies NYK Line, NYK Bulk & Projects Carriers (NBP), Tsuneishi Shipbuilding and British renewable energy business Drax Group have signed a new memorandum of understanding (MoU) to develop the ‘world’s first’ biomass-fueled ship (bioship) and the technology that could power it.

about 2 years ago
PowerBuoy offshore New Jersey. Source: Ocean Power Technologies
Business Developments & Projects

Ocean Power Technologies approaches 15 MWh milestone in renewable energy production

U.S.-based marine energy firm Ocean Power Technologies (OPT) has nearly hit 15 MWh of renewable energy production from its family of PowerBuoys (PBs) across the globe.

about 2 years ago
New ammonia terminal operations to be developed in Europe and America
Business Developments & Projects

New ammonia terminal operations to be developed in Europe and America

Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.

about 2 years ago
DFDS
Business & Finance

DFDS to splurge €1B on battery electric ships for the Channel

DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.

about 2 years ago
Japanese start building UK's first HVDC cable factory
Authorities & Government

Japanese start building UK’s first HVDC cable factory

Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid. Sumitomo Electric held t

about 2 years ago
Depsea Yantai rig; Source: Neptune Energy
Authorities & Government

Polish oil & gas firm gearing up for drilling ops offshore Norway

PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.

about 2 years ago
ADNOC Drilling
Business & Finance

With $1.7 billion in the bag, ADNOC Drilling creates new player to drill 144 unconventional oil & gas wells

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

about 2 years ago
CSL
Business & Finance

CSL biofuel program makes a comeback

Canadian shipping company Canada Steam Ship Lines (CSL) has teamed up with compatriot fuel provider Canada Clean Fuels to power eight of its ships with North American-sourced B100 biodiesel.

about 2 years ago
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