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Business Developments & Projects

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shipping
Business Developments & Projects

Industry bodies urge EC to renew vessel sharing regulation to cut emissions & increase efficiency

Sharing space on vessels contributes to the reduction of transport emissions, increases competitiveness, and improves efficiency to cut costs, top shipping industry bodies told the European Commission, asking for the renewal of the Consortia Block Exemption Regulation (CBER). The regulation, which e

about 3 years ago
Tyra TEG module installation - TotalEnergies
Business Developments & Projects

Tyra module installation breaks world record as ‘heaviest crane lift ever undertaken at sea’

Heerema Marine Contractors’ Sleipnir has completed an offshore lift of the Tyra II process module for TotalEnergies’ Tyra redevelopment project in the Danish North Sea.

about 3 years ago
Shearwater to deliver next-gen deepwater dual ROV seismic vessel
Business Developments & Projects

Shearwater to deliver next-gen dual ROV seismic vessel

Shearwater GeoServices is set to deliver the next-generation deepwater dual ROV ocean bottom node (OBN) deployment vessel to the industry. The vessel, under Shearwater ownership and management, is expected to be available to clients early in the second quarter of 2023 following the conversion of the

about 3 years ago
Petrofac wins green ammonia project in Chile
Business Developments & Projects

Petrofac wins green ammonia project in Chile

Energy services provider Petrofac has won its first new energy-focused project in Chile, supporting Transitional Energy Group (TEG), a privately-owned group of companies, on their Gente Grande green ammonia project. Petrofac will support TGE as the owner’s engineer on the project located at a coasta

about 3 years ago
New North Sea deal with Neptune for helicopter operator
Business Developments & Projects

Helicopter operator wins new North Sea deal with Neptune

Neptune Energy has awarded a contract to CHC Helicopters for offshore transport services in the Dutch sector of the North Sea.

about 3 years ago
ExxonMobil
Business Developments & Projects

ExxonMobil, Tata NYK Shipping complete biofuel bunkering op in Singapore

American oil and gas corporation ExxonMobil has completed a commercial bio-based marine fuel oil bunkering in the port of Singapore.

about 3 years ago
anemoi cosco
Business Developments & Projects

COSCO Shipping Heavy Industry joins hands with Anemoi

Top Chinese yard group COSCO Shipping Heavy Industry Co (CHI) is now able to offer wind propulsion options after signing a landmark agreement with Anemoi Marine Technologies, a UK provider of rotor sails to the shipping industry. CHI has nine yards capable of up to 7.5m dwt annual production across

about 3 years ago
Valaris 76 jack-up rig
Business Developments & Projects

Valaris strikes deals with total backlog of $95 million

Valaris has secured new contract extensions for a drillship and four jack-up rigs with a contract backlog of $95 million.

about 3 years ago
Technip Energies secures ‘large’ equipment supply deal for INEOS’ Project ONE
Business Developments & Projects

Technip Energies secures ‘large’ equipment supply deal for INEOS’ Project ONE

French engineering company Technip Energies has secured a contract with chemical company INEOS for the proprietary equipment supply for INEOS Olefins Belgium NV’s Project ONE in Antwerp. Project ONE aims to build an ethane cracker in the Port of Antwerp with a nameplate capacity of 1450 kilotons of

about 3 years ago
DEME places order for new, sustainable fallpipe vessel
Business Developments & Projects

DEME places order for sustainable fallpipe vessel

DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l

about 3 years ago
Rig kicks off drilling ops offshore South Africa
Business Developments & Projects

Rig kicks off drilling ops offshore South Africa

Eco (Atlantic) Oil & Gas has started drilling an exploration well on Block 2B offshore South Africa, using an Island Drilling-owned rig.

about 3 years ago
ASKO's electric ferries
Business Developments & Projects

Cochin Shipyard blazes trail with pioneering hydrogen and ammonia-powered ships

India’s largest commercial shipbuilder Cochin Shipyard Limited (CSL) Kochi is forging ahead with ambitious plans that will see construction of vessels powered by alternative energy sources. The shipyard is working on multiple projects at the moment that will see inland, coastal and short-sea vessels

about 3 years ago
Eco Wave Power's ‘EWP-EDF One’ project in Israel (Courtesy of Eco Wave Power)
Business Developments & Projects

Eco Wave Power’s net income grows amid currency fluctuations

Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.

about 3 years ago
Aqaba
Business Developments & Projects

APM, ADC unveil zero-emission vision for Aqaba Container Terminal

The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.

about 3 years ago
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