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Business Developments & Projects

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FPSO Jotun; Source: Vår Energi
Business Developments & Projects

Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

about 11 months ago
Italian shipbuilding major unveils its first underwater drone system
Business Developments & Projects

Italian shipbuilding major unveils its first underwater drone system

Italian shipbuilding group Fincantieri has launched its first underwater drone system for the protection of critical underwater infrastructure in both civil needs and defense and security applications. The DEEP platform consists of a network of underwater sensors for early warning, a command and con

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about 11 months ago
Molslinjen adds second battery-powered ferry to the fleet
Business Developments & Projects

Molslinjen adds second battery-powered ferry to the fleet

Turkish shipbuilder Cemre Shipyard has handed over the second battery-powered RoRo passenger ferry to Danish operator Molslinjen.

about 11 months ago
Centrica to buy LNG from Delfin Midstream
Business Developments & Projects

U.S. LNG export project nears FID: Samsung Heavy Industries in charge of first FLNG with two more on the menu

Delfin Midstream has entrusted South Korea’s Samsung Heavy Industries (SHI) with the work on the first floating LNG (FLNG) unit for its American LNG project, which is under development in Louisiana, United States.

about 11 months ago
Illustration; Source: Petrobras
Business Developments & Projects

Petrobras expands Brazilian oil & gas offshore acreage with two blocks

Petrobras has enlarged its oil and gas footprint in Brazilian waters with two blocks, secured in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP) conducted by the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

about 11 months ago
LLOG's FPU Salamanca; Source: Tampnet
Business Developments & Projects

Tampnet powers LLOG’s deepwater oil project in US Gulf with digital infrastructure

Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has been tasked with the provision of high-capacity digital infrastructure for a deepwater project in the Gulf of America (Gulf of Mexico) that uses a refurbished floating production unit (FPU).

about 11 months ago
Rendering of Louisiana LNG terminal
Business Developments & Projects

Woodside unlocks $1.9 billion injection into $17.5B US LNG project with Williams partnership

By sealing an alliance with Williams, a U.S. natural gas infrastructure player, Australia’s energy giant Woodside Energy has boosted capital and offtake momentum for its liquefied natural gas (LNG) development project in Calcasieu Parish, Louisiana.

about 11 months ago
New partnership to establish liquid hydrogen supply chain via Port of Hamburg
Business Developments & Projects

New partnership to establish liquid hydrogen supply chain via Port of Hamburg

German companies Daimler Truck and Hamburger Hafen und Logistik (HHLA) have signed a memorandum of understanding (MoU) with Japanese Kawasaki Heavy Industries to explore the development of a green liquid hydrogen supply chain via the Port of Hamburg to the European hinterland.

about 11 months ago
Venterra launches UK-built V-LiDAR buoy fleet
Business Developments & Projects

Venterra launches UK-built V-LiDAR buoy fleet

Venterra Group has launched the Venterra V-LiDAR, a global fleet of dual LiDAR buoys designed for metoocean measurement campaigns. The launch of this fleet, following a £10 million investment, represents the first of its kind to be designed and manufactured in the UK, according to Venterra. The V-Li

about 11 months ago
DOF’s subsea duo gets prolonged assignments in Guyana
Business Developments & Projects

DOF’s subsea duo gets prolonged assignments in Guyana

Norwegian vessel owner DOF Group has secured contract extensions that will keep two subsea vessels at work in Guyana. The contracts of Skandi Nomad and Skandi Constructor, both operating in Guyana, have been extended by one year each. Thanks to the extensions, the 2010-built Skandi Nomad is contract

about 11 months ago
Illustration; Source: Velesto Energy
Business Developments & Projects

Reimaging jack-ups’ role in Malaysia: Rig-installed platforms to streamline shallow-water oil & gas developments

Malaysia’s Velesto Energy is setting the stage to cut development costs for operators by launching an integrated offshore model with ICON Engineering to deliver rig-installed wellhead platforms (RIWHPs) for offshore oil and gas field developments in Malaysian waters.

about 11 months ago
Ocean Winds sells stake in 500 MW French offshore wind farm to Allianz for €200 million
Business Developments & Projects

Ocean Winds sells stake in 500 MW French offshore wind farm to Allianz for €200 million

Ocean Winds, a joint venture of EDPR and Engie, has decided to sell a minority stake in the 500 MW Îles d’Yeu and Noirmoutier offshore wind farm in France to Allianz Global Investors. Under the agreement, Ocean Winds will sell a 20.25% stake in the project for an equity value of €200 million, implyi

about 11 months ago
Yinson GreenTech unveils next-gen all-electric cargo vessel, the Hydromover 2.0
Business Developments & Projects

Yinson GreenTech unveils next-gen all-electric cargo vessel, the Hydromover 2.0

Singapore-based green technology solutions provider Yinson GreenTech (YGT) has unveiled its next-generation fully electric cargo vessel, the Hydromover 2.0, and secured a landmark agreement for its deployment in the United Arab Emirates (UAE).

about 11 months ago
ClassNK
Business Developments & Projects

ClassNK awards early stamp of approval to SHI’s autonomous navigation software

Japanese classification society Nippon Kaiji Kyokai (better known as ClassNK) has given a technology qualification (TQ) certificate for a component of South Korean shipbuilding giant Samsung Heavy Industries’ (SHI) autonomous navigation solution. As disclosed, the TQ—which is issued for solutions ba

about 11 months ago