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New owner takes delivery of Solstad CSV
Business Developments & Projects

New owner takes delivery of Solstad CSV

Normand Ships, a wholly owned subsidiary of Solstad Offshore, has delivered the construction support vessel (CSV) Normand Jarl to an undisclosed new owner.

about 3 years ago
Equinor extends charter of Havila PSV
Business Developments & Projects

Equinor extends charter of Havila PSV

Norwegian offshore vessel owner Havila Shipping has secured another contract with compatriot oil giant Equinor for one of its platform supply vessels (PSVs). Havila reported on 15 February that Equinor awarded the contract to the PSV Havila Clipper. The contract is for a firm period of six months, i

about 3 years ago
Aker Solutions
Business Developments & Projects

Aker Solutions’ Brazilian arm becomes a victim of cyber attack

Norway’s offshore engineering contractor Aker Solutions has revealed that its subsidiary CSE in Brazil was subjected to a cyber attack, which impacted its IT systems.

about 3 years ago
UK pours additional £60 million into green maritime sector
Business Developments & Projects

UK pours additional £60 million into green maritime sector

The UK’s race to decarbonise the maritime sector has been given another boost, with £60 million in government funding for the development of green maritime technologies.

about 3 years ago
Enagás and Naturgy plan to build 280MW renewable hydrogen plant
Business Developments & Projects

Enagás and Naturgy plan to build 280MW renewable hydrogen plant

Spanish energy companies Naturgy and Enagás Renovable have presented their project for the construction of a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla. The new plant is scheduled for commissioning in 2026 and will entail an investment of €485 million. it will be

about 3 years ago
Bulker
Business Developments & Projects

Safe Bulkers keeping eye on the prize with ambitious fleet renewal, eco-upgrades

Monaco-based dry bulk shipping company Safe Bulkers is set to welcome eight eco-newbuilds in the upcoming two years pushing its fleet with improved energy efficiency to 23 ships. The company’s fleet currently consists of 44 vessels, with 12 of them being eco-ships built after 2014, and three of them

about 3 years ago
Petrobras picks permanent reservoir monitoring system for Brazil’s third-largest oil field
Business Developments & Projects

Petrobras picks permanent reservoir monitoring system for Brazil’s third largest oil field

Brazilian oil and gas giant Petrobras has awarded Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) with a contract for the supply and installation of a permanent reservoir monitoring (PRM) system on a field located in the Santos Basin offshore Brazil. The contract includes the engine

about 3 years ago
bulker with rotor sails
Business Developments & Projects

Bulkers emerging as champions of wind-assisted propulsion as rotor sails hold sway over WPT installations

Rotor sails lead the way as the preferred solution for shipowners looking to reduce emissions and increase fuel efficiency by tapping into the potential of wind-assisted propulsion on board their ships. According to recent data from the International Windship Association (IWSA), rotor sails have bee

about 3 years ago
Blackford Dolphin rig; Source: Dolphin Drilling (video)
Business Developments & Projects

WATCH: Semi-submersible rig sets off to Nigeria to embark on its drilling assignment

One of Dolphin Drilling’s semi-submersible rigs is now on its way to Nigeria, where it will start its new drilling campaign in March 2023.

about 3 years ago
HCH2 and H2Hub merge for DOE hydrogen hub application
Business Developments & Projects

HCH2 and H2Hub merge for DOE hydrogen hub application

The Port of Corpus Christi’s Horizons Clean Hydrogen Hub (HCH2) and Trans Permian’s H2Hub will submit a single application through the US DOE Regional Clean Hydrogen Hubs Programme, with the Port of Corpus Christi as the prime applicant. The parties combined their hubs into a single application afte

about 3 years ago
Masdar and IFC join hands to advance hydrogen and renewable energy in Africa
Business Developments & Projects

Masdar and IFC join hands to advance hydrogen and renewable energy in Africa

Abu Dhabi’s renewable energy company Masdar has signed an agreement with the International Finance Corporation (IFC), a global development institution focused on the private sector in developing countries, to explore areas of collaboration to support climate action for emerging markets. The parties

about 3 years ago
Dorado FPSO; Source: Santos
Business Developments & Projects

Key regulatory approval in place for Dorado oil project development and sanctioning

Santos has received acceptance from the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) of the Offshore Project Proposal (OPP) relating to its operated Dorado oil project offshore Australia.

about 3 years ago
Illustration (Courtesy of Flex Marine Power)
Business Developments & Projects

Scottish company secures over €1M to advance tidal energy turbine

Scottish company Flex Marine Power has been awarded significant funding from the UK government’s Energy Entrepreneurs Fund (EEF) to further develop and demonstrate its low-cost tidal energy turbine.

about 3 years ago
Equinor awards EPCI Hammerfest LNG contract to Aibel
Business Developments & Projects

Equinor awards EPCI Hammerfest LNG contract to Aibel

Norway’s energy company Equinor has granted compatriot energy services company Aibel an engineering, procurement, construction, and installation (EPCI) contract for Hammerfest LNG modifications in connection with the Snøhvit Future project. The contract, awarded on behalf of the Snøhvit partnership,

about 3 years ago
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