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Toyota and Chiyoda agree to develop large-scale electrolysis system
Business Developments & Projects

Toyota and Chiyoda agree to develop large-scale electrolysis system

Japanese companies Toyota and Chiyoda have teamed up to jointly develop a large-scale electrolysis system with an aim of achieving the government targets for the introduction of electrolysis equipment both in Japan and overseas as part of the Basic Strategy on Hydrogen. To this end, the two companie

about 2 years ago
TGS-SLB joint venture embarks on its seventh acquisition program
Business Developments & Projects

TGS-SLB joint venture embarks on its seventh acquisition program

Norwegian provider of energy data and intelligence TGS and oilfield services company SLB are set to perform ocean bottom node (OBN) multi-client acquisition in the U.S. Gulf of Mexico, representing the seventh program within the seismic joint venture. Starting in the first quarter of 2024, Engageme

about 2 years ago
16-year-old vessel returns to VARD for conversion
Business & Finance

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

Drilling program and well intervention campaign on Serica’s 2024 agenda in North Sea

Serica Energy is preparing to kick off its four-well drilling campaign and work-over program in the UK sector of the North Sea.

about 2 years ago
Oshima Shipbuilding
Business Developments & Projects

Hayfin strikes again with Post-Panamax pair at Oshima

Europe’s shipping investor Hayfin Capital Management has signed a contract with Oshima Shipbuilding and Sumisho Marine to construct two 100,000 dwt Post-Panamax dry bulk carriers. Once constructed, the ships will be delivered to an unnamed international energy trader on a long-term charter. The vess

about 2 years ago
ammonia
Business Developments & Projects

Switching to ammonia as marine fuel may create more problems than it solves

Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems, a new study found.

about 2 years ago
Transocean Norge; Source: Transocean
Authorities & Government

Wintershall Dea’s drilling ops with Transocean rig cleared for take-off

Wintershall Dea has secured a green light for the drilling of four wells in the Norwegian Sea, using one of Transocean’s semi-submersible rigs.

about 2 years ago
CMA CGM welcomes first eco-friendly 5,5K TEU boxship from Qingdao Beihai
Vessels

CMA CGM welcomes first eco-friendly 5,5K TEU boxship from Qingdao Beihai

China Shipbuilding Industry Trading Co., a subsidiary of China State Shipbuilding Corporation (CSSC), and Qingdao Beihai Shipbuilding Co. have delivered and named the new eco-friendly 5,500 TEU containership CMA CGM Sahara to French shipping giant CMA CGM.

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

CNOOC brings online China’s ‘largest’ offshore oilfield secondary development and adjustment project

CNOOC Limited has kicked off production from an oilfield secondary adjustment and development project, which is located in Liaodong Bay of Bohai Sea.

about 2 years ago
WATCH: Peninsula supplies MSC containership with LNG in Gibraltar
Business Developments & Projects

WATCH: Peninsula supplies MSC containership with LNG in Gibraltar

Maritime fuel supplier Peninsula has delivered LNG to MSC Virginia containership, owned by shipping major MSC Mediterranean Shipping Company, at the Gibraltar anchorage. Peninsula’s first purpose-built 12,500 cubic meter LNG bunker vessel Levante LNG completed the LNG bunker supply to the MSC Virgin

about 2 years ago
HAROPA VINCI electrification
Business Developments & Projects

VINCI wins cruise ship shore power deal at HAROPA PORT

A consortium comprised of subsidiaries from VINCI Energies and VINCI Construction has won a contract for the implementation of a high-voltage power supply system at HAROPA PORT’s Pointe de Floride terminal. The system is expected to cut emissions by 15,000 tonnes of CO2 equivalent a year, according

about 2 years ago
Eidesvik and DEME shake hands for ship management agreement extension
Business & Finance

Eidesvik and DEME shake hands for ship management agreement extension

Eidesvik Offshore has signed an extension to its ship management agreement with DEME for the construction support vessel (CSV) Viking Neptun. Eidesvik has provided full technical management, crewing and operation of Viking Neptun since December 2022 and this agreement extends the firm period to Janu

about 2 years ago
GRSE
Authorities & Government

GRSE launches its first electric ferry

India-based shipbuilder Garden Reach Shipbuilders & Engineers Ltd (GRSE) has launched a next-generation electric ferry for the West Bengal government.

about 2 years ago
After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project
Business & Finance

After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c

about 2 years ago
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