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In Focus: Lowering the environmental footprint of the offshore energy sector
Business Developments & Projects

In Focus: Lowering the environmental footprint of the offshore energy sector

Lowering the environmental footprint of the offshore energy sector – a key concern in the 21st century – plays a huge role in combating the climate change. Energy efficiency, carbon storage, renewable energies and alternative fuels are just some of the ways to tackle this problem. A few of the lates

about 3 years ago
USA flag with CVOW wind turbine in the background
Business Developments & Projects

Dominion Energy awards CVOW cable monitoring contract

Luna Innovations (Luna) has been awarded a contract to provide monitoring services for the largest offshore wind project in the United States, Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. Luna’s EN.SURE long-range power cable sensing system will be used to monitor the wind farms’

about 3 years ago
Avenir LNG in Germany’s first LNG ship-to-truck unloading operation
Business Developments & Projects

Avenir LNG in Germany’s first LNG ship-to-truck unloading operation

UK-based small-scale LNG company Avenir LNG has conducted Germany’s first direct LNG unloading operation from a transport vessel into trucks. The operation took place on 22-23 February in the Port of Mukran where the small-scale LNG transport vessel Avenir Ascension unloaded LNG directly into transp

about 3 years ago
Constellation vessel; Source: Saipem
Business Developments & Projects

Saipem turns to biofuels for its drilling and construction fleet

Saipem is pooling resources with Eni to add renewable fuels to its arsenal, which would be used for its drilling and construction vessels.

about 3 years ago
Vertex to supply over 1,000 MW of hydrogen to decarbonise UK industries
Business Developments & Projects

Vertex to supply over 1,000 MW of hydrogen to decarbonise UK industries

Energy company Vertex Hydrogen, a joint venture between Essar Oil UK and Progressive Energy, has signed agreements to supply over 1,000 MW of low-carbon hydrogen to industrial names in the UK. Currently, the company is developing the UK’s first large-scale low-carbon hydrogen production hub at Essar

about 3 years ago
Singaporean firm to refurbish and sell nine newly-purchased vessels
Business Developments & Projects

Singaporean firm to refurbish and sell nine newly-purchased vessels

Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four

about 3 years ago
Cable installation for Shetland HVDC link to resume next month
Business Developments & Projects

Cable installation for Shetland HVDC link to resume next month

NKT is set to commence the second cable installation campaign for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea in March. The £660 million project includes the construction of a 260-kilometer subsea cable from Shetland to the GB mainland, linking Shetland to t

about 3 years ago
Drakoo wave energy device (Courtesy of Hann-Ocean Energy)
Business Developments & Projects

Hann-Ocean Energy starts second round of Drakoo wave energy device trials

Singapore-based company Hann-Ocean Energy has launched its third-generation Drakoo wave energy device for a new round of sea trials at Shengsi archipelago in China.

about 3 years ago
Vahall DP jacket toppling; Source: Aker Solutions (video)
Business Developments & Projects

Watch start of jacket toppling ops for old North Sea platform at Aker Solutions’ yard

Aker Solutions is about to recycle the 7,900 tonnes of steel foundation from an old drilling platform, which was used at an oil field in the North Sea.

about 3 years ago
Bulgaria on the lookout for first LNG cargo via Turkish terminal
Business Developments & Projects

Bulgaria on the lookout for first LNG cargo via Turkish terminal

Bulgaria’s state gas company Bulgargaz has launched a tender procedure for the supply of 500,000 MWh of liquefied natural gas (LNG) via Turkish LNG terminal for April 2023. According to Bulgargaz, this will be the first cargo to be delivered to a Turkish LNG terminal under the agreement signed by th

about 3 years ago
Subsea 7 pipelay support vessel stays with Petrobras
Business Developments & Projects

Subsea 7 pipelay support vessel stays with Petrobras

Subsea 7 has secured a contract extension with Brazilian oil and gas giant Petrobras for one of its pipelay support vessels (PLSVs). The agreement extends the existing contract for Seven Cruzeiro from February until November this year. Daniel Hiller, Vice President Brazil at Subsea 7, said: “This ex

about 3 years ago
Jereh’s equipment for power industry to contribute to lower-emission future
Business Developments & Projects

Jereh’s equipment for power industry to contribute to lower-emission future

At POWERGEN International 2023, Chinese oil and gas company Jereh has showcased its Turnkey Power Generation and Power Storage Solutions which are expected to contribute to reducing the overall carbon footprint and increasing efficiency. One of the products to lower emissions and increase efficiency

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Business Developments & Projects

Two SBM Offshore’s FPSOs slated for first oil in 2023

SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.

about 3 years ago
Vertom splashes 2nd methanol/hydrogen-ready electric bulker
Business Developments & Projects

Vertom splashes 2nd methanol/hydrogen-ready electric bulker

Dutch short sea shipping company Vertom Group has launched the second in a series of six diesel-electric dry bulk vessels being built by compatriot Thecla Bodewes Shipyards.

about 3 years ago
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