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Business Developments & Projects

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Samsung Heavy Industries taps GTT for tank design of FLNG unit
Business Developments & Projects

Samsung Heavy Industries taps GTT for tank design of FLNG unit

French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new floating liquefied natural gas (FLNG) unit, on behalf of an Asian company. GTT said that with a total storage capacity of 200,000 m3, the

about 3 years ago
GMS Kudeta vessel (for illustration purposes); Source: GMS
Business Developments & Projects

With demand on the rise, GMS vessel scoops up two deals

The UAE-headquartered Gulf Marine Services (GMS) has won two new deals for one of its small-size class vessels.

about 3 years ago
Norway's shipping investment company buys its first stake in dive support vessel
Business Developments & Projects

Norway’s shipping investment company buys first stake in dive support vessel

Norwegian shipping investment company ADS Maritime Holding has acquired a 10 per cent stake in a 2017-built dive support vessel (DSV) developed for light subsea construction work and advanced dive support work. With the acquisition, ADS Maritime will act as commercial manager for the DSV Southern St

about 3 years ago
Wärtsilä to supply reliquefaction systems for eight LNG carriers
Business Developments & Projects

Wärtsilä to supply reliquefaction systems for eight LNG carriers

Finnish technology group Wärtsilä has secured a contract to supply reliquefaction systems for eight LNG carriers being built by Chinese shipbuilder Hudong-Zhonghua. According to Wärtsilä, the vessels will be owned by various leading global shipping companies and will be equipped with Wärtsilä Compac

about 3 years ago
Cummins and Danfoss link up on hybrid solutions for ships
Business Developments & Projects

Cummins and Danfoss link up on hybrid solutions for ships

US-based tech provider Cummins and Denmark’s Danfoss Power Solutions’ Editron division have signed a Memorandum of Understanding (MOU) to bring a standard hybrid marine solution to the global maritime market.

about 3 years ago
Illustration; Source: QatarEnergy
Business Developments & Projects

ExxonMobil deal enables QatarEnergy to add more offshore acreage to its oil & gas portfolio

QatarEnergy has expanded its offshore exploration portfolio in Atlantic Canada, thanks to a farm-in agreement with ExxonMobil.

about 3 years ago
Survitec gets nitrogen systems order for LNG-fuelled cruise ship
Business Developments & Projects

Survitec gets nitrogen systems order for LNG-fuelled cruise ship

Maritime Protection, a brand of global survival technology solutions provider Survitec, has secured an order for a set of nitrogen systems for installation on an LNG-powered cruise ship. According to Survitec, the scope of supply is for two nitrogen generators, feed-air compressors, valves, and cont

about 3 years ago
Island Innovator rig; Source: Island Drilling
Business Developments & Projects

Island Drilling rig on its way to Norway to get ready for its next gig in UK

Island Drilling has revealed that its semi-submersible rig is in transit to Norway to prepare for its next contract with Dana Petroleum in the UK.

about 3 years ago
FPSO One Guyana drydocking at Keppel shipyard; Source: SBM Offshore
Business Developments & Projects

WATCH: FPSO destined for ExxonMobil’s project off Guyana enters drydock

SBM Offshore has revealed that an FPSO, which will work for ExxonMobil off Guyana, recently entered drydock at the Keppel yard in Singapore.

about 3 years ago
Jiangnan Shipyard receives $470 million order for two LNG carriers
Business Developments & Projects

Jiangnan Shipyard receives $470 million order for two LNG carriers

Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into shipbuilding contracts with compatriot insurance conglomerate China Taiping Insurance Holdings for the construction of two LNG carriers. According to the stock exchange filing, China Taiping Insurance si

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business Developments & Projects

Transocean lands strategic collaboration deal with Equinor and secures more work for two rigs

Equinor has inked a strategic collaboration agreement with Transocean and added more work to the backlog of two semi-submersible rigs.

about 3 years ago
Construction support vessel adds Prysmian and Saipem to its to-do list
Business Developments & Projects

Construction support vessel adds Prysmian and Saipem to its to-do list

CSS Subsea has entered into a charter agreement with GO Offshore for a construction support vessel (CSV) used for supporting inspection, maintenance and repair works at oil & gas and renewables projects. CSS Subsea will take delivery of the CSV GO Supporter in early April and the vessel’s first proj

about 3 years ago
Japan’s engineering firm scores $230 million deal for Taiwan LNG terminal
Business Developments & Projects

Japan’s engineering firm scores $230 million deal for Taiwan LNG terminal

Taiwan’s state-owned oil and gas company CPC has selected Japanese engineering firm JFE Engineering Corporation for the construction of large-scale liquefied natural gas (LNG) terminal. On 28 March, JFE Engineering said it secured a contract for the design, procurement, construction and commissionin

about 3 years ago
Norsepower nets €28M in funding to boost production of rotor sails
Business Developments & Projects

Norsepower nets €28M in funding to boost production of rotor sails

Finnish cleantech company Norsepower Oy has secured €28 million in its latest funding round to scale up production and expand the reach of its fuel-saving and emissions-reducing technology, rotor sails.

about 3 years ago
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