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Business Developments & Projects

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Fugro
Business Developments & Projects

Fugro orders next-gen SEA-KIT XL USV

The Netherlands-based Fugro has ordered a SEA-KIT XL Class uncrewed surface vessel (USV) to support its future North Sea operations.

about 4 years ago
Wavepiston test string being deployed at PLOCAN (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston embarks on €2M capital raise to progress wave energy technology

Danish company Wavepiston has launched a capital raise, seeking €2 million to advance its wave energy technology to the next level.

about 4 years ago
Wartsila
Business Developments & Projects

Wärtsilä engines for 7 new Arctic shuttle tankers

Finnish technology group Wärtsilä has been contracted to supply the main and harbour engines for a series of seven new Arctic shuttle tanker vessels being built at the Samsung Heavy Industries (SHI) yard in South Korea.

about 4 years ago
Zhejiang Energy to take 10% stake in Russian Yakutia LNG
Business Developments & Projects

Zhejiang Energy to take 10% stake in Russian Yakutia LNG

Chinese gas distributor Zhejiang Energy will acquire a 10 per cent stake in Russia’s Yakutia LNG project for $5.67 billion.

about 4 years ago
Siemens Energy picks PSW’s solution for offshore pipeline heating
Business Developments & Projects

Siemens Energy picks PSW’s solution for offshore pipeline heating

PSW Power & Automation, a provider of electrification and renewable energy solutions, is building an E-House module for Siemens Energy to be used for direct electric heating (DEH) of an offshore pipeline.

about 4 years ago
CorPower Ocean's wave energy technology (Courtesy of Proplate; CorPower Ocean)
Business Developments & Projects

CorPower Ocean and Proplate forge steel partnership

Swedish wave energy company CorPower Ocean has entered into partnership with compatriot steel component manufacturer Proplate for the supply of steel materials for its wave energy devices.

about 4 years ago
Hafnia
Business Developments & Projects

Hafnia mulls acquisition of 12 Scorpio tankers

Singapore-based tanker owner and operator Hafnia is in advanced negotiations with Monaco-based counterpart Scorpio Tankers regarding the acquisition by Hafnia of 12 long-range 1 (LR1) tankers.

about 4 years ago
Well-Safe Guardian
Business Developments & Projects

WATCH: Well-Safe cheers ‘momentous landmark’ as decommissioning rig heads to North Sea

Well-Safe Solutions has reached a major milestone with the mobilisation of its Well-Safe Guardian rig for its first job in the UK North Sea.

about 4 years ago
MMT wins survey work for Baltic Sea energy island
Business Developments & Projects

MMT wins survey work for Baltic Sea energy island

Denmark’s Energinet has awarded MMT with a contract to carry out cable route surveys at the planned energy island in the Baltic Sea and associated offshore wind projects. The Energy Island, located on the island of Bornholm, some 15 kilometers offshore, will connect Germany and Denmark to an offshor

about 4 years ago
Golar's LNGC spinoff firm CoolCo scores $570m loan
Business Developments & Projects

Golar’s LNGC spinoff firm CoolCo scores $570m loan

Bermuda-based LNG shipper Golar updates on its newly-formed company Cool Company (CoolCo) that will acquire its eight TFDE LNG carriers.

about 4 years ago
Nortrans stays on Chevron subsea duty
Business Developments & Projects

Nortrans stays on Chevron subsea duty

Singapore-based offshore service operator Nortrans Offshore has secured a five-year charter contract extension with the US energy major Chevron for the subsea vessel Nor Naomi.

about 4 years ago
Stena Line
Business Developments & Projects

Stena Line, ABP ink £100M deal for new ferry terminal in Immingham

Swedish ferry operator Stena Line and UK ports group Associated British Ports (ABP) have entered into an agreement to jointly develop a new freight terminal at the Port of Immingham in the Humber region.

about 4 years ago
PGNiG receives 150th LNG cargo
Business Developments & Projects

PGNiG receives 150th LNG cargo

Polish Oil and Gas Company (PGNiG) has received the 150th LNG cargo delivery at the Swinoujscie liquefied natural gas terminal.

about 4 years ago
Norway: December oil & gas output
Business Developments & Projects

Norway recorded higher oil & gas output in December

Norway’s oil production in December 2021 was below the NPD’s predictions for the second consecutive month along with the gas output.

about 4 years ago
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