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Business Developments & Projects

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Deep Down gets $1.7 million equipment order for Gulf of Mexico
Business Developments & Projects

Deep Down gets $1.7 million order for Gulf of Mexico

U.S.-headquartered subsea equipment specialist Deep Down has received an order to deliver installation equipment and services in the Gulf of Mexico to an undisclosed client. The order is valued at more than $1.7 million and all activities are scheduled to be completed by the end of this year. Part o

about 4 years ago
King’s Quay platform
Business Developments & Projects

Offshore inspection of Murphy’s giant new platform ahead of first oil

U.S. offshore safety and environmental enforcement agency has conducted an inspection of Murphy Oil’s King’s Quay platform.

about 4 years ago
Erik Thun
Business Developments & Projects

Erik Thun orders next-gen dry cargo vessels

Swedish shipping company Erik Thun Group has ordered two new dry cargo vessels from Dutch shipyard Ferus Smit in an effort to replace some of the existing vessels with newbuilds.

about 4 years ago
Wärtsilä signs maintenance deal for 2 STQ's LNG-fueled ferries
Business Developments & Projects

Wärtsilä to maintain 2 LNG-fueled ferries from STQ

Wärtsilä has signed an optimised maintenance agreement with the Canadian ferry operator STQ for two LNG-fueled ferries.

about 4 years ago
Petrojarl I FPSO
Business Developments & Projects

Enauta hires rig for Brazilian field ops

Brazilian oil and gas company Enauta has signed a drilling rig contract for operations on its Atlanta field located offshore Brazil.

about 4 years ago
2021 best-every financial year for Reach Subsea
Business Developments & Projects

2021 best-ever financial year for Reach Subsea

Norway’s Reach Subsea has reported 2021 as the best financial year in company history. This is said to be driven by high vessel utilization and project execution, as well as the purchase of OCTIO. In its latest financial report, Reach Subsea stated it also had its best-ever fourth quarter which saw

about 4 years ago
Illustration/Floating solar power plant (Courtesy of BayWa r.e.)
Business Developments & Projects

German partners build 3MWp floating solar plant

German renewable energy company BayWa r.e. is finalizing construction of a 3MWp floating solar plant for the compatriot company Quarzwerke which is looking to further reduce its carbon footprint.

about 4 years ago
Keppel
Business Developments & Projects

Keppel O&M lands fresh batch of contracts

Keppel Offshore & Marine has secured new contracts from repeat customers with a total value estimated at about $186 million.

about 4 years ago
Maersk
Business Developments & Projects

Maersk posts record earnings, further expands logistics portfolio

Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions.

about 4 years ago
MAN ES
Business Developments & Projects

Green SCR system for German cruise ship

MAN PrimeServ Augsburg, part of MAN Energy Solutions, has completed the retrofitting of dual selective catalytic reduction (SCR) systems aboard the cruise ship MS Amadea.

about 4 years ago
US trade association taking action against Gulf of Mexico oil & gas lease sale ruling
Business Developments & Projects

API taking action against Gulf of Mexico oil & gas lease sale ruling

The American Petroleum Institute appeals the ruling, which invalidated the results of last year’s Gulf of Mexico oil and gas lease sale.

about 4 years ago
Petrofac looks into green hydrogen development on Russia's Sakhalin Island
Business Developments & Projects

Petrofac looks into green hydrogen development on Russia’s Sakhalin Island

International energy services provider Petrofac has won its first new energy-focused project in Russia for the first wind-to-hydrogen development on Sakhalin Island.

about 4 years ago
Illustration/Earlier version of StingRAY device (Courtesy of C-Power)
Business Developments & Projects

C-Power gets investors backing for ocean energy and data solutions

U.S.-based marine energy company C-Power has announced the first closing of a Series B-2 round of investor funding that will enable the company to advance its business strategy.

about 4 years ago
Scots backs enhanced subsea gas tieback project with £765k
Business Developments & Projects

Scots back enhanced subsea gas tieback project with £765k

Worley has secured £765,000 support from Scottish Enterprise for an enhanced subsea gas tieback project which is said to reduce operational CO2 emissions in gas fields by more than 90%. The funding will be used for full pre-production testing of Worley’s pseudo dry gas (PDG) liquid removal system wh

about 4 years ago
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