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Steel Strike Ceremonies for ONE GUYANA FPSO - SBM Offshore
Business Developments & Projects

WATCH: Construction kickoff for SBM Offshore’s giant new FPSO

SBM Offshore has started the construction of topside modules for the ONE GUYANA FPSO, which is its largest vessel so far.

about 3 years ago
Samsung Heavy Industries delivers new LNG carrier to Minerva
Business Developments & Projects

Samsung Heavy Industries delivers new LNG carrier to Minerva

Greek shipping company Minerva has taken delivery of the newbuild liquefied natural gas (LNG) carrier Minerva Amorgos. The delivery took place on 14 October at Samsung Heavy Industries in Geoje, South Korea. Minerva Amorgos is a 174,000 m3 LNG carrier which features WinGD XDF propulsion, Mark III Fl

about 3 years ago
PXGEO finalizes five-month gig in North Sea
Business Developments & Projects

PXGEO finalizes five-month gig in North Sea

Marine geophysical service provider PXGEO has completed a five-month ocean bottom node (OBN) project in the North Sea. “Operating in a high production simultaneous triple ROV mode, the project was successfully executed around subsea and surface infrastructure with industry-leading safety, environmen

about 3 years ago
Eco Adriatica GG5G ship (Courtesy of Grimaldi Group)
Business Developments & Projects

Grimaldi clears €70 million loans for renewal of its eco-friendly fleet

Grimaldi Group has secured two loans, totaling €70 million, from the Intesa Sanpaolo bank for the purchase of two vessels belonging to the Grimaldi Green 5th Generation (GG5G) class.

about 3 years ago
World’s largest e-methanol facility gets €53 million boost
Business Developments & Projects

World’s largest e-methanol facility gets €53 million boost

Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in th

about 3 years ago
Illustration/SIMEC Atlantis’ AR1500 tidal energy turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

Tidal stream energy could achieve major cost reductions by 2035, report finds

Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.

about 3 years ago
Safe Zephyrus
Business Developments & Projects

Prosafe eyes another contract in Brazil

Prosafe has submitted the most competitive offer in a bidding process for a 650-day firm period contract by Petrobras in Brazil.

about 3 years ago
Biodiesel is the only readily available drop-in fuel right now, Stolt-Nielsen’s Head of Sustainability says
Business Developments & Projects

Biodiesel is the only readily available drop-in fuel right now, Stolt-Nielsen’s Head of Sustainability says

As the maritime industry explores scalable and viable options to replace fossil fuels, biodiesel is the only readily available drop-in alternative right now, according to Stolt-Nielsen’s Head of Sustainability. Last week, Bill Bryant spoke at the Maritime and Port Authority of Singapore’s (MPA) bunk

about 3 years ago
Transocean Spitsbergen - Equinor
Business Developments & Projects

Equinor gearing up for two North Sea wells

Equinor has secured a permit from the country’s authorities to drill two wildcat wells in the Norwegian sector of the North Sea.

about 3 years ago
Sumitomo completes long-term test of 525 kV cross-linked polyethylene subsea cable
Business Developments & Projects

Sumitomo completes long-term test for 525 kV cross-linked polyethylene subsea cable

Japan-headquartered Sumitomo Electric Industries has completed a long-term test for its 525 kV cross-linked polyethylene (XLPE)-insulated high-voltage direct current (HVDC) submarine cable system. The cable system was tested in accordance with the international standard CIGRE-TB496 and a third-party

about 3 years ago
Pilbara Ports Authority
Business Developments & Projects

Lloyd’s Register to look into ammonia fuel supply potential in Pilbara

Global professional services organisation Lloyd’s Register (LR) has been selected to undertake feasibility studies into using clean ammonia to refuel ships at the world-scale ports in the Pilbara region of Western Australia.

about 3 years ago
Woodside makes ‘an important step forward’ for its US hydrogen project
Business Developments & Projects

Woodside makes ‘an important step forward’ for its US hydrogen project

Australian energy company Woodside has awarded a contract to Nel Hydrogen Electrolyser AS, a subsidiary of Norwegian hydrogen company Nel ASA, for the alkaline electrolyser equipment for the H2OK project. Woodside’s H2OK is a liquid hydrogen production facility proposed for the Westport Industrial P

about 3 years ago
Claymore field in the UK North Sea - Repsol Sinopec
Business Developments & Projects

Repsol Sinopec elects new COO

Repsol Sinopec Resources UK has appointed a new chief operating officer, less than two months after the appointment of a new CEO.

about 3 years ago
Emvolon
Business Developments & Projects

Wavelength secures methanol fuel supply deal in China

Portugal-based energy and tech company Wavelength Technology Center has secured a contract for a methanol marine fuel supply system.

about 3 years ago
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