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​SW Empress vessel; Source: Shearwater GeoServices
Business & Finance

Shearwater GeoServices takes on more work with ONGC to facilitate energy exploration off India

Shearwater GeoServices has been hired to conduct a 3D seismic survey assignment off the east coast of India by ONGC.

about 2 years ago
LR, Greek shipping majors launch new global maritime emissions reduction center
Collaboration

LR, Greek shipping majors launch new global maritime emissions reduction center

The Lloyd’s Register (LR) Maritime Decarbonization Hub has partnered with Greek shipowners Capital Group, Navios Maritime Partners, Neda Maritime Agency, Star Bulk and Thenamaris to launch Maritime Emissions Reduction Centre (M-ERC) that will focus on optimizing efficiency of the existing fleet.

about 2 years ago
Innovate UK grants $1.9 million for wave energy project in Thailand by Eco Wave Power Global
Business & Finance

Innovate UK grants $1.9 million for wave energy project in Thailand

Swedish-Israeli wave energy developer Eco Wave Power Global (EWP) has announced winning a £1.5 million grant (almost $1.9 million) as a part of a consortium led by UK-based Toshiba and Aquatera, to design a pilot microgrid project for a remote island in Thailand. The grant is a part of round ten of

about 2 years ago
Illustration; Source: Samsung Engineering
Business & Finance

Samsung Engineering and Malaysian firm set on lending each other a helping hand in global tenders

The duo is combining forces for participation in worldwide tendering activity, which entails EPC projects in the oil and gas arena.

about 2 years ago
GSL
Vessels

Euroseas takes delivery of third eco 2,800 TEU containership

Greek shipowner and operator Euroseas has taken delivery of M/V Tender Soul, the third eco EEDI Phase 3, 2,800 TEU feeder containership from Hyundai Mipo Dockyard Co. in South Korea.

about 2 years ago
Varma
Business & Finance

Varma invests in green transformation of ESL Shipping

Finland’s pension insurance company Varma Mutual Pension Insurance Company has agreed to co-invest €15 million alongside OP Finland Infrastructure LP in compatriot shipping company ESL Shipping, a subsidiary of Aspo Plc.

about 2 years ago
Illustration; Source: CRP Subsea
Business & Finance

Fresh deal for ultra-deepwater oil development takes UK subsea firm to Gulf of Mexico

CRP Subsea has tucked a new contract under its belt for an ultra-deepwater oil field development project in the U.S. Gulf of Mexico.

about 2 years ago
Germany and Algeria boost cooperation with new hydrogen pact
Authorities & Government

Germany and Algeria boost cooperation with new hydrogen pact

Germany and Algeria have signed a declaration of intent to establish a bilateral hydrogen task force as part of their energy partnership. Furthermore, there are plans for a hydrogen pilot plant installation. According to the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the

about 2 years ago
KIVI: Shortage of skilled workers a potential showstopper in energy transition
Business Developments & Projects

KIVI: Shortage of skilled workers a potential showstopper in energy transition

A shortage of skilled workers could be a potential showstopper in the energy transition and the industry needs to be more connected to the educational level, according to Sjoerd Meijer, Advisor at Royal Institute of Engineers (KIVI).

about 2 years ago
Prelude FLNG; Source: Shell
Business & Finance

Shell’s new projects benefiting from ABL’s ‘one-stop solution’ for asset management

Shell is set on employing a cloud-based master data build and optimization software from ABL across various new projects to achieve asset management efficiencies.

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

DNV carries out overhaul of ‘go-to standard’ for oil & gas, subsea, and offshore wind ops

DNV has taken steps to undertake a significant revamp of the standard used for the design and planning of marine operations.

about 2 years ago
JERA allies with Indonesian operator for LNG value chain development
Business Developments & Projects

JERA allies with Indonesian operator for LNG value chain development

Japan’s energy giant JERA and PT PLN Energi Primer Indonesia (PLN EPI), a fuel procurement and transportation operator for Indonesia’s power giant PT PLN (Persero), have signed a memorandum of understanding (MoU) to collaborate on the development of an LNG value chain. The MoU provides for collabora

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

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place

Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

about 2 years ago
Stena RoRo
Business Developments & Projects

Stena RoRo takes delivery of multi-fuel E-Flexer for Marine Atlantic charter

Swedish shipping company Stena RoRo and Canadian federal Crown corporation Marine Atlantic have taken delivery of E-Flexer roll-on/roll-off passenger (RoPax) vessel from China’s CMI Jinling, Weihai Shipyard.

about 2 years ago
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