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Business Developments & Projects

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Two SolarinBlue’s offshore floating solar units in the Mediterranean (Courtesy of SolarinBlue)
Business Developments & Projects

France gets its first offshore solar farm

French start-up SolarinBlue has deployed two offshore floating solar units in the Mediterranean sea as part of the Sun’Sète project, which aims to supply clean electricity to one of the 10 biggest French ports.

about 3 years ago
Subsea Technology & Rentals targets stronger APAC presence with new facility
Business Developments & Projects

Subsea Technology & Rentals targets stronger APAC presence with new facility

Subsea Technology and Rentals (STR) has made an investment into new premises in Singapore, triple the size of the previous facility, as part of the goal to strengthen its presence in the APAC region. STR has moved to a larger 10,000 square feet facility, three times the size of its previous premises

about 3 years ago
Avina chooses KBR technology for its green ammonia project in US
Business Developments & Projects

Avina chooses KBR technology for its green ammonia project in US

US engineering company KBR has been selected by US green hydrogen producer Avina Clean Hydrogen to provide its K-GreeN® technology for Avina’s green ammonia project in the US. Under the terms of the contract, KBR is expected to provide the process technology license and engineering design for the pr

about 3 years ago
Vahana Aryan self-propelled jack-up rig; Source: DNV
Business Developments & Projects

Rig becomes world’s first jack-up with DNV’s Abate-Ready notation

DNV has awarded – what it describes as – the world-first Abate-Ready notation for a jack-up unit to the Dubai-based Vahana Marine Solutions.

about 3 years ago
MacGregor bags €20M RoRo equipment order for Grimaldi’s ammonia-ready PCTCs
Business Developments & Projects

MacGregor bags €20M RoRo equipment order for Grimaldi’s ammonia-ready PCTCs

MacGregor, part of Cargotec, has received a repeat order for comprehensive packages of roll-on/roll-off (RoRo) equipment for a total of five pure car and truck carriers (PCTCs) under construction for the Italian shipping company Grimaldi Group. The vessels with a loading capacity of over 9,000 CEU a

about 3 years ago
DSME orders GTT tank design for six new LNG carriers
Business Developments & Projects

GTT wins DSME LNG carrier tank design order

French LNG containment specialist GTT has received two orders from its partner the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of new liquefied natural gas carriers (LNGCs). According to GTT, the orders were made in the first quarter of 2023 for a total

about 3 years ago
Modus Subsea Services gets £5 million term loan
Business Developments & Projects

Modus Subsea Services gets £5 million term loan

UK’s Modus Subsea Services has secured a £5 million term loan from advisory and investment firm Gordon Brothers for the development of solutions. Modus said it had used the loan for refinancing with existing lenders and to assist in developing best-in-class solutions for clients globally. The UK fir

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Business Developments & Projects

Equinor hands out FEED deal for FPSO destined to work at Bay du Nord oil project

Equinor has awarded a letter of intent to KBR for the front-end engineering design (FEED) of topside facilities for the Bay Du Nord FPSO.

about 3 years ago
Beihai Shipbuilding
Business Developments & Projects

Fredriksen takes lion’s share in Euronav

Famatown Finance Limited, a company indirectly controlled by shipping billionaire John Fredriksen, has acquired an additional 964,000 shares in Belgian tanker owner Euronav, taking its total stake to 26.46 pct. The share increase of 5.90 percent was disclosed in an SC 13D/A form with the Securities

about 3 years ago
Pavilion Energy loads first small-scale LNG cargo for Hangjiaxin
Business Developments & Projects

Pavilion Energy loads first small-scale LNG cargo for Hangjiaxin

Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek, has loaded the first termed small-scale LNG cargo bound for Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy. The first cargo was loaded on board LNG Jia Xing, a 46,200 cbm small-scale LNG vessel from th

about 3 years ago
Técnicas Reunidas unites with Cetaer for development of e-methanol plant
Business Developments & Projects

Técnicas Reunidas unites with Cetaer for development of e-methanol plant

Técnicas Reunidas, an engineering company, and Cetaer, a company with a goal to bring innovation projects to commercial scale in the transport sector, have signed a collaboration agreement for the development of an e-methanol plant to be built in Almería, Spain. According to Técnicas Reunidas, the f

about 3 years ago
P-82 FPSO is part of Petrobras’ new generation of production facilities, characterised by their high production capacity and by technologies to reduce CO2 emissions Source: Sembcorp Marine
Business Developments & Projects

Construction of Brazil-bound FPSO kicks off at Chinese shipyard

A groundbreaking ceremony has been held in Qidong for the construction of an FPSO, destined to work for Petrobras offshore Brazil.

about 3 years ago
Cemre Shipyard starts construction of Molslinjen’s electric ferry
Business Developments & Projects

Cemre Shipyard starts construction of Molslinjen’s electric ferry

Cemre Shipyard starts construction of Molslinjen’s electric ferry

about 3 years ago
North Sea helicopter services provider changes hands
Business Developments & Projects

North Sea helicopter services provider changes hands

South Africa-headquartered aviation industry player Ultimate Aviation has completed the acquisition of North Sea-focused helicopter services provider for the oil & gas industry Offshore Helicopter Services (OHS). The acquisition is effective immediately and will see OHS continue operating under its

about 3 years ago
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