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Business Developments & Projects

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Illustration/Sustainable Marine’s next-gen rock anchor installation system (Courtesy of Sustainable Marine)
Business Developments & Projects

Swift Anchors sets plans to double its workforce

Swift Anchors, a UK-based developer of anchoring solutions for offshore energy industries, is looking to expand its team with several openings in its engineering department.

about 3 years ago
ACWA Power and European electricity supplier shake hands on green hydrogen projects
Business Developments & Projects

ACWA Power and European electricity supplier shake hands on green hydrogen projects

Saudi developer of green hydrogen projects ACWA Power has finalised a partnership agreement with Austria’s electricity company Verbund to jointly explore the potential development of green hydrogen projects in the Middle East region. The companies signed a memorandum of understanding (MoU) during th

about 3 years ago
Well test results at North Sea project ‘unexpected and disappointing’
Business Developments & Projects

Well test results at North Sea gas project ‘unexpected and disappointing’

IOG may need to go back to the drawing board to formulate a new plan for the production from the Southwark field in the North Sea.

about 3 years ago
FEED services provider wanted for Dutch CO2 storage project
Business Developments & Projects

FEED services provider wanted for Dutch CO2 storage project

TotalEnergies EP Nederland has issued a tender searching for a provider of the front-end engineering and design (FEED) of the trunkline for the Aramis CO2 storage project. The Aramis project is a cooperation initiative between EBN, Gasunie, Shell and TotalEnergies to explore the joint development of

about 3 years ago
Inseanergy’s floating solar unit (Courtesy of Inseanergy)
Business Developments & Projects

AKVA Group, Inseanergy team up to decarbonize aquaculture using floating solar

AKVA Group and Norwegian floating solar company Inseanergy have signed a letter of intent for the supply and integration of green energy solutions to the aquaculture industry.

about 3 years ago
JMS Sunshine
Business Developments & Projects

Sembcorp Marine names 1st LNG hybrid tug in Singapore

Singapore-based shipbuilder Sembcorp Marine hosted the naming ceremony for the first of a series of LNG hybrid tugs specially designed for domestic service in Singapore. The Singapore-flagged vessel was christened JMS Sunshine by Ms. Wong Lee Lin, former Executive Director of Sembawang Shipyard, a w

about 3 years ago
KARMOL secures $71 million loan for Senegal FSRU
Business Developments & Projects

KARMOL secures $71 million loan for Senegal FSRU

KARMOL, a joint venture between Turkish Karpowership and Japanese Mitsui O.S.K. Lines (MOL), has reached an agreement with Japanese banks to finance its first floating storage and regasification unit (FSRU) in Senegal. KARMOL, through Senegal LNGT Company Limited, signed the loan agreement with Japa

about 3 years ago
GTT to design LNG carriers' tanks for Hyundai Samho
Business Developments & Projects

GTT nets LNGC and VLECs tank design orders

French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers

about 3 years ago
Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem
Business Developments & Projects

Oil & gas players join forces to scale up energy industry’s digital inventory ecosystem

Five oil & gas firms have inked an industry collaboration agreement with a software company to standardize the digital supply of spare parts.

about 3 years ago
Illustration/NSWC Carderock – Maneuvering and Seakeeping Basin (MASK) – one of TEAMER network facilities (Courtesy of TEAMER)
Business Developments & Projects

TEAMER picks 12 marine energy projects for $1.2 million in research support

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has selected 12 projects to receive technical support for testing marine energy technologies as part of its eighth call for applications.

about 3 years ago
Longship orders methanol-ready ships from Atlas Shipyard
Business Developments & Projects

Longship orders methanol-ready ships from Atlas Shipyard

Dutch shipping company Longship has ordered four ultra-low-emission ships from Atlas Shipyard in Turkey. The design of the 8,600 dwt vessels has been developed together with Dutch naval architect Ankerbeer BV. As informed, the vessel design is compliant with the EU Stage V standards applicable to no

about 3 years ago
Wintershall Dea exiting Russia as operations are "not tenable"
Business Developments & Projects

Wintershall Dea exiting Russia as operations are “not tenable”

Germany’s oil and gas company Wintershall Dea is planning to fully exit Russia, stating that continuing to operate in Russia is “not tenable” and that Russia’s aggression on Ukraine is incompatible with the company’s values. The Supervisory Board approved a principle decision by the Management Board

about 3 years ago
Fresh gas discovery in Norwegian Sea puts tie-back potential on the table
Business Developments & Projects

Fresh gas discovery in Norwegian Sea puts tie-back potential on the table

Norwegian state-owned energy giant Equinor has made a new commercial gas discovery in the Norwegian Sea using an Odfjell Drilling-owned rig.

about 3 years ago
Steel cutting Seaspan 15,500 TEU containership
Business Developments & Projects

Hudong-Zhonghua cuts steel for Seaspan’s scrubber-fitted boxship

Chinese shipbuilder Hudong Zhonghua Shipbuilding has launched the construction of a 15,500 TEU containership being built for Hong Kong-based containership owner Seaspan Corporation. Seaspan ordered a total of six ultra large containerships in March 2021, splitting the order between CSSC’s Hudong-Zho

about 3 years ago
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