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Business Developments & Projects

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DFO, GO seal MoU for offshore wind and oil & gas vessel collaboration
Business Developments & Projects

DFO, GO seal MoU for offshore wind and oil & gas vessel collaboration

Dong Fang Offshore (DFO) has signed a memorandum of understanding (MoU) with GO Offshore (GO), establishing a framework for future cooperation in the offshore wind farm supporting vessel business, as well as offshore oil and gas vessel operations.

about 11 months ago
NYK
Business Developments & Projects

Green fuels in focus: NYK bolsters ties with Port of Duqm

Japanese shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company (PODC), which oversees port management and terminal operations in Oman, have signed a comprehensive memorandum of understanding (MOU) to collaborate on the development and connectivity of the port of Duqm.

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about 11 months ago
DeepOcean to be on decommissioning duty offshore Australia in 2026
Business Developments & Projects

DeepOcean to be on decommissioning duty offshore Australia in 2026

Ocean services provider DeepOcean is set to support subsea infrastructure decommissioning at oil & gas fields off the coast of Australia, with the work to be carried out next year. The scope of work includes suspension of subsea trees, removal of flowlines, riser and dynamic umbilical, and removal o

about 11 months ago
Japanese trio demonstrates land-based operation of marine hydrogen engine
Business Developments & Projects

Japanese trio demonstrates land-based operation of marine hydrogen engine

A Japanese consortium gathering Kawasaki Heavy Industries (KHI), Yanmar Power Solutions, and Japan Engine Corporation has demonstrated land-based operation of a marine hydrogen-powered engine.

about 11 months ago
First export cable in at China’s new 1 GW offshore wind farm
Business Developments & Projects

First export cable in at China’s new 1 GW offshore wind farm

Fulan Offshore Engineering’s cable-laying barge (CLB) Ai Lan Yi Hao (AL-1) has completed the installation of the first circuit of the 500 kV export cable for the Yangjiang Fanshi 1 offshore wind farm in Guangdong, China. The 1,176 MW offshore wind project, developed by CGN Wind Energy, includes two

about 11 months ago
Atlantic LNG
Business Developments & Projects

McDermott handpicks EnerMech for work on Shell’s giant gas project off Trinidad & Tobago

McDermott has tasked EnerMech, an Aberdeen-headquartered integrated solutions specialist, with an assignment for the development of a gas project off the coast of Trinidad and Tobago, operated by Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered energy giant Shell.

about 11 months ago
Italy’s Fincantieri and NextGeo seal the deal for autonomous vehicle development
Business Developments & Projects

Italy’s Fincantieri and NextGeo seal the deal for autonomous vehicle development

Italian shipbuilding group Fincantieri, through its subsidiary Ingegneria dei Sistemi (IDS), and compatriot Next Geosolutions (NextGeo), have signed a memorandum of understanding (MoU) to establish a strategic collaboration for the development of unmanned surface vehicles (USVs) and related technolo

about 11 months ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Business Developments & Projects

US pushes to streamline permitting with new bill by fast-tracking LNG export approvals

As the United States (U.S.) has set its cap on growing its liquefied natural gas (LNG) industry, multiple steps are being taken to shake off the regulatory shackles impeding the LNG export boom. The latest such move is encapsulated in a proposed bill aimed at accelerating the federal approval proces

about 11 months ago
Acteon Wynnergy
Business Developments & Projects

Acteon, Wynnergy team up to deliver offshore wind solutions across Asia

UK-headquartered Acteon and Taiwan-based marine solutions provider Wynnergy Marine have signed a strategic Memorandum of Understanding (MoU) to jointly deliver renewable energy projects across the region. The partnership supports offshore wind growth in Taiwan by providing integrated solutions that

about 11 months ago
Baker Hughes to provide technology for large-scale low-carbon ammonia project in US
Business Developments & Projects

Baker Hughes to provide technology for large-scale low-carbon ammonia project in US

Technip Energies has selected Baker Hughes to supply a steam turbine generator along with critical centrifugal compression equipment for the Blue Point Number One ammonia project in Louisiana, U.S., a joint venture between CF Industries, JERA and Mitsui & Co.

about 11 months ago
Artistic rendering of the proposed Tilbury Phase 2 LNG expansion project; Source: FortisBC
Business Developments & Projects

British Columbia says yes to $1.14 billion LNG storage expansion

FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas

about 11 months ago
UK’s marine energy roadmap effort enters second phase
Business Developments & Projects

UK’s marine energy roadmap effort enters second phase

The Marine Energy Taskforce (MET), a 12-month initiative commissioned by the UK Department for Energy Security and Net Zero (DESNZ), has entered its second phase following a meeting in Cardiff. Launched in June by UK Energy Minister Michael Shanks, the MET is tasked with developing recommendations a

about 11 months ago
Solstad and Ocean Installer agree contract extension for advanced CSV, possibly until 2031
Business Developments & Projects

Solstad and Ocean Installer agree contract extension for advanced CSV, possibly until 2031

Norway’s Solstad Maritime has secured a charter party agreement extension with compatriot marine construction and operations player Ocean Installer, part of the Moreld Group, for an advanced multi-purpose offshore construction vessel built in 2014. Solstad Maritime announced today, October 29, the f

about 11 months ago
COSL Prospector rig; Source: COSL
Business Developments & Projects

Norwegian giant in the clear for drilling ops with COSL rig

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations on the Norwegian Continental Shelf (NCS), which will be done with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

about 11 months ago