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Business Developments & Projects

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SBM Offshore - Fast4Ward FPSO design
Business Developments & Projects

ExxonMobil eyes another FPSO order with SBM Offshore

ExxonMobil plans to order another floating production storage and offloading (FPSO) vessel for a project in Guyana from SBM Offshore.

about 3 years ago
An example of how Skarv Shipping Solutions imagine future shortsea vessels may look. Design: https://www.navaldynamics.com/
Business Developments & Projects

Skarv Shipping to build four multi-fuel shortsea bulkers

Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, has teamed up with compatriot Peak Group AS to establish a joint venture named Skarv Shipping Solutions. The JV founders said that the company aims to help ship and cargo owners reduce their emissions of greenhouse gases and reac

about 3 years ago
bulker
Business Developments & Projects

Halten Bulk wins Enova funding for hydrogen-powered bulker duo

Norway-based company Halten Bulk AS has received NOK 142 million ($13.8 million) for the construction of two hydrogen-powered ships from Enova, a state enterprise owned by the Ministry of Climate and Environment that promotes renewable energy use.

about 3 years ago
Buzzard oil & gas field in the UK North Sea
Business Developments & Projects

Dana enters North Sea acreage close to giant Buzzard field

Finder Energy has signed farm-out agreements to assign a 40 per cent interest in three licences located in the UK North Sea to Dana Petroleum.

about 3 years ago
BP takes the stage at Offshore Energy Exhibition & Conference
Business Developments & Projects

BP takes the stage at Offshore Energy Exhibition & Conference

BP is joining this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam as the sponsor of The Stage and one of its participants. In three weeks, this open stage on the exhibition floor will put a spotlight on a variety of aspects from the offshore energy sector, from market insights to

about 3 years ago
Wood secures FEED work on Norwegian large-scale green hydrogen project
Business Developments & Projects

Wood secures FEED work on Norwegian large-scale green hydrogen project

Gen2 Energy has contracted consulting and engineering firm Wood for the front-end engineering design (FEED) scope of its green hydrogen production facility, located in Mosjøen in northern Norway. In the first phase, Gen2 Energy plans to build a 100MW plant with continuous production of around 45 ton

about 3 years ago
Vinga class vessels
Business Developments & Projects

Erik Thun’s dual-fuel product tanker starts taking shape

China Merchants Jinling Shipyard in Yangzhou has cut steel for Erik Thun’s Vinga series dual-fuel product tanker ordered in March this year. The 17,999 dwt vessel is a sister to Thun Venern, and it is the latest contribution to the “Vinga-series” of nine previous sister vessels, all trading within t

about 3 years ago
Dutch bio-LNG production plant for maritime industry enters build phase
Business Developments & Projects

Dutch bio-LNG production plant for maritime industry enters build phase

The Dutch companies Attero, Nordsol and Titan have reached the final investment decision (FID) for their bio-LNG project, FirstBio2Shipping, which now enters the construction phase. The three partners announced the FID on 9 November after meeting at the site for the proposed plant, located at the fa

about 3 years ago
ABS
Business Developments & Projects

HHI’s next-gen regasification system concept gets nod from ABS

Classification society ABS has granted approval-in-principle (AiP) for a next-generation concept of a regasification system (Hi-ReGAS+) from South Korean Hyundai Heavy Industries Group (HHI).

about 3 years ago
Rovco Hom
Business Developments & Projects

Rovco partners with HOM for wind work offshore Japan

UK-based Rovco and Horizon Ocean Management (HOM) have signed a memorandum of understanding (MoU) for through-life subsea asset integrity and balance of plant survey solutions for the Japanese offshore wind market. The agreement will see both parties work together to analyse the Japanese offshore wi

about 3 years ago
Rodolphe Saade
Business Developments & Projects

France to bankroll development of zero-emission ships with €300 mln, backed by $200 mln from CMA CGM

France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels. The move was announced by the French secretary of state in charge of maritime affairs, Hervé Berville at a conference held in Lille on Tues

about 3 years ago
ExxonMobil used the Valaris DS-9 drillship for Angola ops
Business Developments & Projects

ExxonMobil makes new discovery in Angola’s waters

U.S. oil major ExxonMobil has made a discovery in waters offshore Angola after drilling an exploration well using a Valaris-owned drillship.

about 3 years ago
Gandia
Business Developments & Projects

Spain’s Gandia to house Europe’s 1st energy self-sufficient port

The Port of Gandia is set to become Europe’s first energy self-sufficient port after the installation of the solar energy plant, the Port Authority of Valencia (PAV) has revealed.

about 3 years ago
Ofgem: FAB Link retains cap and floor regime in principle
Business Developments & Projects

Ofgem: FAB Link retains cap and floor regime in principle

FAB Link, an interconnector that will link Great Britain and France, is retaining its cap and floor regime in principle, Ofgem announced following the needs case reassessment for the project. The FAB Link project, being jointly developed by FAB Link Limited and Réseau de Transport d’Électricité (RTE

about 3 years ago
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