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Offshore cable installation activities about to start at South Fork offshore wind farm
Business Developments & Projects

Offshore cable installation activities about to start at South Fork offshore wind farm

Offshore construction will soon continue on the South Fork offshore wind project in New York with the installation of the project’s 68-nautical mile (about 126 kilometres) submarine cable to kick off in early 2023. The work installing South Fork Wind’s submarine cable involves six stages: seabed pre

about 3 years ago
Wan Hai
Business Developments & Projects

Elegant Exit Company buys Wan Hai veteran for green recycling

Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont

about 3 years ago
Dave Dennis, Instream Energy Systems' president and CEO (Courtesy of Instream Energy Systems)
Business Developments & Projects

Canadian hydrokinetic company to run feasibility study for Guyana project

Vancouver-based company Instream Energy Systems has been tasked with carrying out a feasibility study for the installation of its hydrokinetic technology for a project in Guyana.

about 3 years ago
Vito platform in the U.S. Gulf of Mexico; Credit: Shell
Business Developments & Projects

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico, which has estimated recoverable resources of around 290 mboe.

about 3 years ago
Prysmian begins construction of new cable-laying vessel
Business Developments & Projects

Prysmian begins construction of new cable-laying vessel

Prysmian has kicked off the construction of its new cable-laying vessel with a steel-cutting ceremony at VARD’s shipyard in Romania. The construction of the sister vessel to cable-layer Leonardo da Vinci began on 16 February at Vard Tulcea in Romania. “Prysmian Group had the honor of hitting the but

about 3 years ago
Seaspan names 1st LNG-fueled 15,000 TEU boxship for charter with ZIM
Business Developments & Projects

Seaspan names 1st LNG-fueled 15,000 TEU boxship for charter with ZIM

Hong Kong-based shipping company Seaspan has held a naming ceremony for the first liquefied natural gas (LNG)-powered 15,000 TEU boxship scheduled for charter with Israel-based shipowner ZIM Integrated Shipping Services.

about 3 years ago
Ertuğrul Gazi FSRU meets post-earthquake gas needs in Kahramanmaraş
Business Developments & Projects

Ertuğrul Gazi FSRU meets post-earthquake gas needs in Kahramanmaraş

Ertuğrul Gazi, the first Turkish-flagged floating storage and gasification unit (FSRU), has worked at full capacity to meet the demand for natural gas after the devastating earthquake that hit the country on 6 February. According to a statement by Boru Hatları ile Petrol Taşıma AŞ (BOTAŞ), the compa

about 3 years ago
Deepwater Atlas drillship; Source: Transocean (video)
Business Developments & Projects

WATCH: Transocean crew talks about first 8th-gen drillship’s voyage from shipyard to ops in Gulf of Mexico

Transocean has posted a short video, featuring the rig crew from the world’s first eighth-generation drillship, which is working in the Gulf of Mexico.

about 3 years ago
ExxonMobil plans hydrogen and CCS facility in Texas
Business Developments & Projects

Topsoe to provide hydrogen technology for ExxonMobil’s Texas project

Topsoe, a Danish company that specialises in carbon emission reduction technologies, and ExxonMobil, a US energy and petrochemical company, have signed an agreement under which Topsoe will deliver its hydrogen SynCOR™ technology to ExxonMobil’s planned low-carbon hydrogen production facility in Bayt

about 3 years ago
OEG Offshore makes multi-million investment to pursue net zero ambitions
Business Developments & Projects

OEG Offshore makes multi-million investment to pursue net zero ambitions

OEG Offshore has made a multi-million investment in SEAJET Systems, the developer of a trailblazing electric subsea excavation solution that is said to reduce CO2 footprint by 40 per cent. OEG Offshore said that the commitment to SEAJET is a further development in its move into the clean-tech sector

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

Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

about 3 years ago
GINA Oldendorff
Business Developments & Projects

Oldendorff moves forward with Yara scrubber installations on Capsesize newbuilds

German dry bulk operator Oldendorff Carriers has named its second Cazesize newbuilding built by Namura Shipbuilding in Japan. The vessel was named M/V Gina Oldendorff and follows the delivery of its sistership Alice Oldendorff, which was built also built by Namura and handed over in November 2022. B

about 3 years ago
Mawani, Maersk start work on $346M eco-friendly logistics park in Jeddah
Business Developments & Projects

Mawani, Maersk start work on $346M eco-friendly logistics park in Jeddah

Danish shipping giant A. P. Moller – Maersk and Saudi Ports Authority (Mawani) have laid the foundation stone for a multi-purpose, environmentally friendly logistics park at Jeddah Islamic Port.

about 3 years ago
© Carisbrooke Shipping
Business Developments & Projects

Carisbrooke Shipping to trial hydrogen engine on board one of its vessels

UK-based shipping company Carisbrooke Shipping has partnered with London-based tech startup Carnot Ltd whose consortium has been awarded £2.3M to develop a zero-emission hydrogen auxiliary engine demonstrator. Following design, simulations and rigorous testing, the single-fuel hydrogen 50kW engine w

about 3 years ago
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