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Report: Thermoplastic composite pipes have significantly lower carbon footprint than steel pipes
Business Developments & Projects

Thermoplastic composite pipes significantly more eco-friendly than carbon steel pipes, report says

A report launched by DNV, Strohm, and the Non-Metallic Innovation Centre (NIC) has shown that thermoplastic composite pipes (TCP) have a significantly lower carbon footprint, in the range of 30-60%, than an equivalent carbon steel pipeline solution. The report outlines the results from a joint indus

about 4 years ago
AW Ship Management
Business Developments & Projects

AW Ship Management picks James Fisher’s solution for vessel optimisation

UK-based ship management company AW Ship Management (AWSM) has selected James Fisher Mimic (JFM) to deliver a full condition monitoring (CM) solution to four vessels as part of its ongoing maintenance optimisation projects.

about 4 years ago
Viking Link interconnector to get second NIB ten-year loan
Business Developments & Projects

Viking Link interconnector to get second NIB loan

The Nordic Investment Bank (NIB) has signed a ten-year loan agreement with Danish transmission system operator (TSO) Energinet to increase the co-financing to construct the Viking Link interconnector between Denmark and the UK. The DKK 1.5 billion (approximately €201.67 million) loan is expected to

about 4 years ago
Empyrean in talks with COSL and CNOOC over spud date for ‘one of the highest impact exploration wells scheduled for 2022’
Business Developments & Projects

Empyrean in talks with Chinese partners to confirm rig slot for ‘one of the highest impact wells’ in 2022

Empyrean is engaged in further discussions with COSL and CNOOC to finalise a spud date for the Jade prospect well, located offshore China.

about 4 years ago
TSHD Pearl River busy on the largest ever dredging job in DEME’s history
Business Developments & Projects

TSHD Pearl River busy on the largest ever dredging job in DEME’s history

Ahmed Abd El Hameed, Project Engineer at DEME Group, yesterday released this beautiful photo from the largest ever dredging and land reclamation project in DEME’s history – the Abu Qir Port in Egypt. According to DEME, this project includes the reclamation of 1,000 hectares of new land. It also invo

about 4 years ago
PIL
Business Developments & Projects

PIL orders four dual-fuel ammonia-ready boxships

Singapore-based shipping company Pacific International Lines (PIL) has decided to order four dual-fuel 14,000 TEU containerships in China.

about 4 years ago
ICTSI
Business Developments & Projects

ICTSI expanding Manila capacity to serve new-generation boxships

International Container Terminal Services (ICTSI) is expanding the capacity of its flagship Manila International Container Terminal (MICT) by developing another berth to handle increasing volume demand and serve new-generation container ships that can carry up to 18,000 TEUs.

about 4 years ago
DOF Subsea Norwegian player seals two walk-to-work deals with DOF Subsea
Business Developments & Projects

Norwegian player seals two walk-to-work deals with DOF Subsea

Uptime International has won two contracts with DOF Subsea for the provision of walk-to-work systems on one of its vessels.

about 4 years ago
Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes
Business Developments & Projects

Lithuania’s Klaipeda LNG terminal suspends acceptance of Russian cargoes

KN, the operator of the Klaipeda LNG terminal, informed that as of 3 March acceptance of Novatek cargoes from Russia is suspended.

about 4 years ago
Gasunie and KfW to start German LNG Terminal construction
Business Developments & Projects

Gasunie to start German LNG Terminal construction

Dutch gas infrastructure company Gasunie and the German state-owned bank KfW have signed a deal to start the construction of the German LNG Terminal in Brunsbüttel.

about 4 years ago
U.S. offshore rig count stays put/still for two consecutive weeks
Business Developments & Projects

U.S. offshore rig count stands firm for two consecutive weeks

The number of offshore rigs in the U.S. remained moored at 12 units without any upward or downward deviations for two weeks in a row.

about 4 years ago
Neptune going beyond net-zero in bid to store more CO2 than it emits by 2030
Business Developments & Projects

In focus: To net-zero and beyond

In recent years we have seen a number of companies active in the offshore energy sector pledging to reach the net-zero emissions status by a certain point in the future. This week we reported on the first time an offshore company had pledged to go ‘beyond net-zero’. The international oil and gas exp

about 4 years ago
Subsea 7
Business Developments & Projects

Subsea 7 eyes large contract award after getting FEED study work

Subsea 7 has secured a contract from Equinor for the FEED study for the marine installations associated with the Krafla project off Norway.

about 4 years ago
KSOE
Business Developments & Projects

KSOE wins order for 3 LNG carriers, 6 boxships

South Korean shipbuilder Korea Shipbuilding & Marine Engineering (KSOE) has received orders for nine vessels amounting to almost $1.3 billion.

about 4 years ago
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