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Business Developments & Projects

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UK firm nets cable lay award in APAC, opens office in Singapore
Business Developments & Projects

UK firm nets cable lay award in APAC, opens office in Singapore

Aberdeen-headquartered Maritime Developments Limited (MDL) has secured a subsea installation project in the Asia Pacific (APAC) region, an award that came shortly after the opening of an office in Singapore. The award covers the laying of two cables and two umbilicals in water depths of between 800

about 10 months ago
Tiber floating production platform is based more than 85% on Kaskida's design (Kaskida rendering); Source: BP
Business Developments & Projects

BP unlocking more US oil & gas with go-ahead for $5 billion Gulf of America project

BP has decided to move forward with its second production platform in the Gulf of America (the U.S. Gulf of Mexico) in less than two years to augment its upstream business by making a final investment decision (FID) for one of the eight to ten major projects expected to start up globally between 202

about 10 months ago
NEXTCHEM, Siemens Energy to develop methanol fuel cell solutions for maritime industry
Business Developments & Projects

NEXTCHEM, Siemens Energy to develop methanol fuel cell solutions for maritime industry

NEXTCHEM joined forces with Siemens Energy to develop modularized high-temperature methanol fuel cell solutions for the maritime industry.

about 10 months ago
Fincantieri
Business Developments & Projects

Princess Cruises receives second dual-fuel LNG-powered unit from Fincantieri

Italian shipbuilding company Fincantieri has delivered the second dual-fuel liquefied natural gas (LNG)-powered vessel—Star Princess—that was constructed for U.S.-based cruise line Princess Cruises. The 178,000 GT newbuilding was handed over to its owner at Fincantieri’s Monfalcone shipyard, which i

about 10 months ago
Hapag-Lloyd and DHL boost efforts to drive adoption of sustainable marine fuels
Business Developments & Projects

Hapag-Lloyd and DHL boost efforts to drive adoption of sustainable marine fuels

Hapag-Lloyd and DHL signed a three-year framework agreement for the purchase of Scope 3 GHG emission reductions resulting from the use of sustainable marine fuels within Hapag-Lloyd’s fleet.

about 10 months ago
FDS2 vessel; Source: Saipem
Business Developments & Projects

Saipem reinforces Guyana ties with $500 million job on ExxonMobil’s seventh oil project

Italy’s engineering, drilling, and construction services giant Saipem has received the green light to move forward with its multimillion-dollar assignment on an offshore oil project in the Stabroek block off the coast of Guyana from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobi

about 10 months ago
ICS
Business Developments & Projects

International Chamber of Shipping opens Singapore office to deepen ties across Asia-Pacific

The International Chamber of Shipping (ICS), a trade association which represents over 80% of the world merchant fleet, has established its new office in Singapore, the world’s top maritime hub.

about 10 months ago
Illustration. Source: DOF
Business Developments & Projects

DOF pulls off $390 million hat trick for Petrobras’ subsea oil & gas inspections

Norway’s vessel owner DOF Group has secured three assignments off the coast of Brazil, enabling it to undertake subsea inspections of underwater facilities operated by Petrobras, the South American country’s state-owned oil and gas giant.

about 10 months ago
Hy2gen gets zoning approval for renewable ammonia plant in Norway
Business Developments & Projects

Hy2gen gets zoning approval for renewable ammonia plant in Norway

Hy2gen Nordic has been granted zoning approval for the Iverson renewable ammonia plant at the Birkeland industrial site by the municipal council of Sauda, Norway.

about 10 months ago
Åsgard B platform; Credit: Gudmund Nymoen/Equinor
Business Developments & Projects

Equinor unleashes gas recovery boost in Norwegian waters with subsea upgrade

Norwegian state-owned energy giant Equinor has kicked off the next phase of its subsea compression quest in the Norwegian Sea to up the gas recovery ante at its asset off the coast of Norway.

about 10 months ago
Panama Canal
Business Developments & Projects

Panama Canal ready to start rewarding low-carbon ships

The Panama Canal is launching NetZero Slot, an initiative designed to incentivize Neopanamax vessels powered by clean fuels.

about 10 months ago
Nexans Dieppe Le Treport export cables
Business Developments & Projects

Nexans wraps up final export cable campaign at 496 MW offshore wind farm in France

Nexans has completed the final export cable campaign at the Dieppe Le Tréport offshore wind farm in France, developed by Eoliennes en Mer Dieppe Le Tréport (EMDT), a joint venture between Ocean Winds, Sumitomo Corporation, and Banque des Territoires. The operation, which involves the installation of

about 10 months ago
methanol
Business Developments & Projects

San Pedro Bay Ports seeks partners for methanol bunkering pilot project

The San Pedro Bay Ports (SPBP), consisting of the ports of Los Angeles and Long Beach, has issued a call for maritime stakeholders to explore and help develop a pilot-scale methanol bunkering demonstration project. As disclosed, the initiative—supported by C40 Cities, a global network of mayors work

about 10 months ago
Courtesy of TechnipFMC
Business Developments & Projects

TechnipFMC scores work on ExxonMobil’s seventh oil chapter in Guyana

TechnipFMC has tucked under its belt a new multimillion-dollar subsea assignment, which will enable it to help ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, to bring to life an offshore oil project in Guyana’s Stabroek block.

about 10 months ago
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