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Business Developments & Projects

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Floating solar, source: Ciel & Terre
Business Developments & Projects

France adds 20 MWp floating solar at former gravel pit site (Video)

Solar power producer Generale du Solaire and French floating solar company Ciel & Terre EMEA have commissioned a 20 MWp floating solar plant in Leutenheim, France, which the company described as the first of this scale in the region. Built on a former gravel pit, the installation was completed in fo

about 10 months ago
VARD cuts steel for Taiwan-bound subsea construction vessel
Business Developments & Projects

VARD cuts steel for Taiwan-bound subsea construction vessel

Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) it is building for Taiwan-based Dong Fang Offshore (DFO). The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform designed and equipped for subsea operation duties, offshore wind

about 10 months ago
Montreal
Business Developments & Projects

DP World, MPA team up on Contrecœur container terminal development

As part of the Canada’s Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and terminal operator DP World in Canada, a joint venture between DP World and La Caisse, have entered into a joint development agreement for the design of the land-based works of the future c

about 10 months ago
FPSO Polvo; Source: BW Offshore
Business Developments & Projects

Brazilian oil field’s story unfolds: Rig lease and multimillion-dollar financing of FPSO revamp in place

Oslo-listed oil and gas E&P player BW Energy has moved forward with its plans for an oil field in the Campos Basin off the coast of Brazil, thanks to the completion of financing for the refurbishment of a floating production, storage, and offloading (FPSO) unit and a short-term lease of a developmen

about 10 months ago
Illustration; Source: ADNOC Gas
Business Developments & Projects

$250M investment in sight as ADNOC Gas secures global index spot

The shares of ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), are set to be included in the international equity index FTSE Emerging Index, which is part of the FTSE Russell Global Equity Index Series (GEIS).

about 10 months ago
Rio Grande LNG terminal; Courtesy of NextDecade
Business Developments & Projects

Gulf Coast LNG project’s Train 5 closer to FID as ConocoPhillips signs up for 20-year offtake

ConocoPhillips has struck a multi-year liquefied natural gas (LNG) deal with Houston-headquartered NextDecade Corporation, enabling the operator to secure sufficient commercial agreements for a positive final investment decision (FID) on the fifth train at its LNG export project in Texas, United Sta

about 10 months ago
Eco Wave Power's wave energy floaters
Business Developments & Projects

Eco Wave Power switches on first US wave energy pilot at LA Port

Wave energy developer Eco Wave Power has inaugurated the first U.S. onshore wave energy pilot station at the Port of Los Angeles, marking the operational debut of its technology in the country. According to Eco Wave Power, seven blue steel floats, installed at AltaSea’s ocean institute on a section

about 10 months ago
new report
Business Developments & Projects

Methanol Institute and Saudi Arabia join forces to advance maritime sustainability

Trade association Methanol Institute (MI) and Saudi Arabia’s Transport General Authority (TGA) have signed a memorandum of understanding (MoU) to advance maritime safety and sustainability.

about 10 months ago
HD Hyundai
Business Developments & Projects

HD Hyundai moves forward with smart shipyard project

South Korean shipbuilding conglomerate HD Hyundai is accelerating the creation of an integrated platform for design and production integration to accomplish a smart shipyard, as it has selected preferred negotiating partners.

about 10 months ago
Rendering of the proposed Monkey Island LNG terminal
Business Developments & Projects

McDermott picks up job on Louisiana’s proposed LNG project

Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has hired McDermott, a U.S. offshore engineering and construction player, on a master services agreement (MS

about 10 months ago
C40 Cities
Business Developments & Projects

ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports

ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.

about 10 months ago
Zodiac Maritime adds final 7,000 CEU dual-fuel PCTC to the fleet
Business Developments & Projects

Zodiac Maritime adds final 7,000 CEU dual-fuel PCTC to the fleet

UK-based shipping company Zodiac Maritime has taken delivery of the final 7,000 CEU dual-fuel pure car and truck carrier (PCTC) built by CIMC Raffles, a subsidiary of China International Marine Containers (CIMC).

about 10 months ago
Deepwater Titan drillship; Source: Transocean
Business Developments & Projects

Rig safety boost comes to light with Expro’s new ‘offshore world record’ in Gulf of America

Expro has shed light on its recent cementing technology milestone in deepwater well construction, which was achieved with the deployment of a casing string, said to be the heaviest to date, at a significant project in the Gulf of America/U.S. Gulf of Mexico for an undisclosed company described as a

about 10 months ago
Illustration; Source: Next Geosolutions
Business Developments & Projects

NextGeo opens entity in ‘region of crucial importance for oil & gas sector’

Italy’s Next Geosolutions (NextGeo) has opened a new entity in the Middle East, described as a strategic initiative as part of the company’s expansion plan, aimed at strengthening its operational capacity in a “region of crucial importance for the oil & gas sector”. Next Geosolutions Middle East (FZ

about 10 months ago
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