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TOWT orders second wind-powered cargo ship
Business Developments & Projects

TOWT orders second wind-powered cargo ship

French sailing freight transport company TransOceanic Wind Transport (TOWT) has contracted compatriot shipyard Piriou for the construction of the second 81-metre sailing cargo ship. TOWT ordered the first wind-powered ship at the same shipyard at the beginning of the year. Its delivery is scheduled

about 4 years ago
Spud date for Black Sea campaign postponed while rig undergoes repairs
Business Developments & Projects

Spud date for Black Sea campaign postponed while rig undergoes repairs

The start of Trillion’s 2022 – 2023 drilling campaign on a gas field in the Black Sea has been delayed until rig repairs are completed.

about 4 years ago
Blue World Technologies
Business Developments & Projects

Blue World Technologies ready to scale up methanol fuel cell tech for maritime sector

The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.

about 4 years ago
Floating solar unit at Banja reservoir, with mooring prepared for three additional rings (Courtesy of Ocean Sun)
Business Developments & Projects

Ocean Sun boosts half-year revenues

Norwegian floating solar company Ocean Sun has reported an increase in revenues for the first half of the fiscal year 2022, as opposed to the same period a year earlier.

about 4 years ago
Baker Hughes unveils new cost-reducing fast electric tiebacks solution
Business Developments & Projects

Baker Hughes unveils new cost-reducing fast electric tiebacks solution

Baker Hughes has launched a new fast all-electric tiebacks solution, said to reduce capital expenditure costs by 15% compared to traditional electro-hydraulic multiplexed systems. According to Baker Hughes, the system drives cost efficiencies through optimized architecture and reduced topside footpr

about 4 years ago
DNV approves H2Carrier’s green ammonia floating production unit design
Business Developments & Projects

DNV approves H2Carrier’s green ammonia floating production unit design

Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF

about 4 years ago
World’s largest floating offshore wind farm to start producing by year-end
Business Developments & Projects

World’s largest floating offshore wind farm to start producing by year-end

The 11-turbine Hywind Tampen, the world’s first floating wind farm to power offshore oil and gas platforms, is close to producing its first power, according to Equinor’s latest press release. A milestone was reached when the first subsea cables were laid by Subsea 7 and the connection was made to Gu

about 4 years ago
ABS collaborates with NOV on subsea ammonia storage
Business Developments & Projects

ABS collaborates with NOV on subsea ammonia storage

American Bureau of Shipping (ABS) is providing new technology qualification (NTQ) services for pioneering ammonia subsea storage technology from NOV.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Australia needs to strike a balance between net-zero targets and energy security, says WoodMac

The Australian energy crisis highlights the challenge of finding the balance between energy security and net-zero goals, says Wood Mackenzie.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

C-Job: Large ocean-going ships are the perfect fit for nuclear propulsion

Large ocean-going vessels have the most potential for nuclear propulsion, a new research by Dutch ship design and engineering company C-Job Naval Architects shows.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Kongsberg Maritime rolls out decision support system for vessel optimisation

Norwegian maritime technology group Kongsberg Maritime (KM) has launched EcoAdvisor, an intelligent and dynamic decision support system for optimising a range of vessel operations. The system is an outcome of a joint ‘Intelligent Efficiency’ research project between KM, DOF Subsea, Sintef, NORCE and

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Partners exploring options for renewable energy hub at Corrib gas field

Vermilion Energy and Nephin Energy are looking into the feasibility of a renewable energy hub at the existing Corrib gas field offshore Ireland.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

MeyGen clears first CfD hurdle for extra 28MW of tidal power

SIMEC Atlantis Energy, the developer behind the MeyGen tidal power scheme, has achieved the first contractual milestone for the delivery of additional 28MW of tidal power capacity for the project as part of the UK’s fourth contracts for difference round.

about 4 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Equinor hires Wood for subsea pipeline design

Wood has won a contract with Equinor to deliver the detailed design of subsea pipelines for the Halten East development offshore Norway. Wood’s subsea and pipeline engineering team in Norway will carry out the scope, following the delivery of the concept design and front-end engineering design. The

about 4 years ago
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