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Baltic Workboats
Business Developments & Projects

Contract signed for Estonia’s first 100% alternatively fueled workboat

Estonian shipbuilder Baltic Workboats AS signed a contract with the Estonian State Fleet for the design and construction of a new environmentally friendly multipurpose vessel.

about 2 years ago
Methanol engines ordered for world’s largest cable-laying vessel2
Business & Finance

Methanol engines ordered for world’s largest cable-laying vessel

Jan De Nul has signed an agreement with ABC Engines for the delivery of methanol marine engines for what is said to be the world’s largest cable-laying vessel (CLV). Jan De Nul has placed an order for four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol with [&

about 2 years ago
Floating solar innovation by Floating man Dubai
Business Developments & Projects

UAE-based start-up in talks over deployment of ‘groundbreaking’ floating solar technology

Floating Man, a Dubai-based pioneer in floating structures, has unveiled an innovative floating solar structure, said to be a groundbreaking technology, especially for open seas. These floating structures are said to span 900 square meters and have the capacity to hold around 200 solar modules, whi

about 2 years ago
Hercules rig; Source: SFL Corp.
Business & Finance

After striking light oil, Odfjell Drilling-managed rig moving to another well off Namibia

An Odfjell Drilling-managed semi-submersible rig will be relocating to another well situated within license PEL 83 offshore Namibia.

about 2 years ago
United Heavy Lift
Business Developments & Projects

United Heavy Lift takes delivery of newest fuel-efficient Eco-Lifter

Germany’s multipurpose shipping company United Heavy Lift (UHL) has taken delivery of UHL Fresh, the newbuild no. 18 in the company’s F900 Eco-Lifter fleet.

about 2 years ago
Illustration; Source: American Petroleum Institute (API)
Business & Finance

API: Derailing US gas exports and LNG infrastructure build-out could undermine global energy security

API has joined dozens of other industry groups in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities.

about 2 years ago
Solstad places order for six more ROVs for its fleet
Business & Finance

Solstad places order for six more ROVs for its fleet

Norway’s Solstad Offshore has placed an order with compatriot Omega Subsea Robotics for the delivery of six additional remotely operated vehicle (ROV) systems that will be integrated onboard its selected vessels this year. With six ROV systems already in place, this order doubles Solstad and Omega S

about 2 years ago
Concept of a floating solar panel array in beautifull calm morning lake with distant wild forest in background. 3d rendering.
Business & Finance

Danish company buys controlling stake in floating solar newcomer

Copenhagen-based company Glentra Capital has acquired a controlling stake in Third Pillar Solar Renewables, a U.S. developer and operator of floating solar projects. Third Pillar’s projects, which vary in size from 3 to 200 MW, are set up on unused water bodies like reservoirs, wastewater treatment

about 2 years ago
Swedish ports
Authorities & Government

Ports of Stockholm set to apply for EU funding

Ports of Stockholm has been given the green light from the Swedish Government to apply for EU funding for three sustainability initiatives. The major focus of the projects is the development of the electricity infrastructure, in support of the transition to greener shipping by lowering quayside air

about 2 years ago
Noble Resolute; Source: Noble Corporation
Business & Finance

Noble’s decarbonization trump card: Sustainable diesel slashing rig’s CO2 emissions during North Sea drilling ops

Offshore drilling contractor Noble Corporation is determined to curb the carbon footprint from drilling operations.

about 2 years ago
electric UK
Authorities & Government

UK awards €38.6 million to develop green technologies for ports and ships

The UK Government has allocated £33 million (€38.6 million) for new technologies to 33 projects across all twelve regions of the UK to deliver demonstrations, factory trials, and feasibility studies. The funding awarded through the Clean Maritime Demonstration Competition (CMDC) totals now £128 mill

about 2 years ago
After completing performance tests, Technip Energies hands over Coral Sul FLNG to Eni
Business Developments & Projects

After completing performance tests, Technip Energies hands over Coral Sul FLNG to Eni

The performance tests confirming the requirements of LNG production of above 3.4 million tons per year (mtpa) at Eni’s Coral Sul floating LNG (FLNG) facility offshore Mozambique have been finalized. French engineering company Technip Energies, a leader of the TJS Consortium which also includes JGC C

about 2 years ago
Illustration; Source: Baron Oil
Business & Finance

UK player and Timor Gap seal the deal for partial stake in gas field off Timor-Leste

Baron Oil has inked an agreement for the transfer of a partial stake in a gas field offshore Timor-Leste to Timor Gap.

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

Following alterations, US monetary penalties for oil & gas players get bigger

BOEM has made modifications to monetary penalties for oil and gas companies, implementing the 2024 inflation adjustments.

about 2 years ago
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