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Business Developments & Projects

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PGS-inks-data-management-as-a-service-agreement-for-multiclient-seismic
Business Developments & Projects

PGS inks data management as a service agreement with major client

Norway-based Petroleum Geo-Services (PGS) has signed a multi-year Data Management as a Service (DMaaS) agreement with a “major” customer. Under the agreement, PGS will provide a cloud-based digital DMaaS solution that allows the client to store, manage and access subsurface data that it has licensed

about 4 years ago
TotalEnergies signs deals with Oman on Marsa LNG
Business Developments & Projects

TotalEnergies signs deals with Oman on Marsa LNG

French energy major TotalEnergies has signed a series of agreements with the Sultanate of Oman for the development of low-carbon natural gas projects, including Marsa LNG establishment.

about 4 years ago
Shell and Chevron farm-out for block offshore Suriname
Business Developments & Projects

Chevron signs farm-out deal with Shell for block offshore Suriname

Oil majors Chevron and Shell have worked out a farm-out agreement for Block 5, located offshore Suriname.

about 4 years ago
Photo showing Wave Line Magnet under tests in Larnaca Bay (Courtesy of SWEL)
Business Developments & Projects

SWEL starts open sea trials offshore Cyprus

Sea Wave Energy Limited (SWEL), a R&D company based in Cyprus and UK, has deployed its wave energy device for another round of trials offshore Cyprus.

about 4 years ago
Rotterdam
Business Developments & Projects

Rotterdam to give a boost to shore power at port

The Port of Rotterdam Authority and the municipality of Rotterdam are exploring possibilities of installing more shore-based power at the port’s terminals to reduce CO2 emissions and air pollution.

about 4 years ago
A photo of an installation vessel mounting blades on a turbine at sea
Business Developments & Projects

Chinese developer investing €5.7 billion in 3 GW of offshore wind, construction starts this month

Renewable energy arm of a major Chinese project developer has revealed its decision to invest more than €5.7 billion in new offshore wind farms on which construction will start as soon as this month. The projects will bring a total of 3 GW of new offshore wind capacity to the country that is leaping

about 4 years ago
HHI
Business Developments & Projects

HHI Group to present fully autonomous navigation for shipping industry

South Korea’s Hyundai Heavy Industries (HHI) Group is ready to demonstrate shipping mobility featuring fully autonomous navigational systems at the global tech-industry trade show in January 2022.

about 4 years ago
Norwegian authorities give go-ahead for Equinor’s North Sea electrification project
Business Developments & Projects

Norwegian authorities give go-ahead for Equinor’s North Sea electrification project

Norwegian Ministry of Petroleum and Industry has approved a plan for the development and operation of Equinor’s Troll field in the North Sea.

about 4 years ago
Fugro's autonomous environmental landers take to water in Middle East
Business Developments & Projects

Fugro’s autonomous environmental landers hit the water off Saudi Arabia

Fugro has deployed two new autonomous environmental landers offshore Saudi Arabia to collect oceanographic data in deep and remote areas of the Red Sea. The KAUST Red Sea program is being performed in collaboration with King Abdullah University of Science and Technology (KAUST) with the aim of bette

about 4 years ago
Panama Canal
Business Developments & Projects

Panama Canal modifies tolls for passenger ships

Starting from February 2022, the Panama Canal will modify its toll structure for passenger vessels.

about 4 years ago
Wartsila
Business Developments & Projects

Industry’s first: Wärtsilä installs hybrid solution onboard bulk carrier

The technology group Wärtsilä has completed the maritime industry’s first installation and commissioning of a unique hybrid power system combined with a PV solar energy system onboard a bulk carrier vessel.

about 4 years ago
GMS lands two new contracts with high hopes for future rates and fleet utilisation
Business Developments & Projects

GMS lands two new contracts, spurring its hopes for higher rates and fleet utilisation

GMS has won two new contracts for two of its large-size class vessels and expressed hopes for higher rates and improved fleet utilisation.

about 4 years ago
Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation reaps multi-million crowdfunding reward

Scottish tidal energy company Nova Innovation has closed a crowdfunding round on Seedrs platform, collecting over £2 million in investment commitments.

about 4 years ago
MSC
Business Developments & Projects

MSC offers €5.7B to buy Bolloré Africa Logistics

Swiss container shipping major Mediterranean Shipping Company (MSC) has submitted an offer to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa.

about 4 years ago
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