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Business Developments & Projects

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Blubell 2000 – Blue Ammonia FPSO; Source: Aragon
Business Developments & Projects

Aragon’s FPSO set to bring down zero-carbon ammonia costs and quadruple gas monetization

Aragon, part of Seatrium, has high hopes for a blue ammonia floating production, storage, and offloading (FPSO) unit, which already secured approval in principle (AiP) from classification society American Bureau of Shipping (ABS).

about 11 months ago
IceChem Tankers
Business Developments & Projects

TB Marine, Ektank order two methanol-ready chemical tankers for IceChem pool

Germany’s shipping company TB Marine and its Swedish counterpart Ektank have concluded shipbuilding contracts for four methanol-ready 22,000 dwt chemical tankers.

about 11 months ago
AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea
Business Developments & Projects

AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea

AquaVentus and Hydrogen Scotland have signed a memorandum of understanding (MoU), intending to strengthen hydrogen production and transport in the North Sea region.

about 11 months ago
Troll A platform; Credit: Øyvind Gravås and Even Kleppa/Equinor
Business Developments & Projects

‘Profitable’ discoveries on the cards: 20 firms keen on exploring Norway’s oil & gas potential

As countries work on strengthening their energy security with more oil and gas, 20 companies have shown interest in production licenses offered as part of the award in pre-defined areas 2025 (APA 2025) licensing round related to further hydrocarbon exploration activity on the Norwegian Continental S

about 11 months ago
Mibau-Stema
Business Developments & Projects

Chengxi Shipyard wins order for self-unloading clean fuel-ready bulker duo

Danish sustainable aggregates supplier Mibau-Stema has tapped Chengxi Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), for the construction of a pair of self-unloading, alternative fuel-ready bulk carriers. According to Greek shipbroker Intermodal’s latest report, Mibau-Stema,

about 11 months ago
A subsea cable stored on a carousel
Business Developments & Projects

NKT wins €650 million power cable contract for Bornholm Energy Island

NKT has signed a contract with the Danish transmission system operator (TSO) Energinet to deliver a high-voltage direct current (HVDC) power cable system for the offshore interconnector linking the Bornholm Energy Island to the power grid on Zealand in Denmark. NKT’s scope of work includes the deliv

about 11 months ago
Port illustration
Business Developments & Projects

‘Transformative’ liquefaction hub on the anvil for Canada’s easternmost province

Canadian firm Fermeuse Energy has announced plans to lead the development of a liquefaction hub at its Fermeuse Marine supply base in Canada’s province of Newfoundland and Labrador.

about 11 months ago
FPSO Western Isles; Source: Sevan SSP
Business Developments & Projects

Proposed North Sea oil project makes progress but UK urged to mend its fiscal ways

Given the need to secure future investments in domestic energy, the UK is being asked to change its current fiscal and regulatory regime related to its oil and gas policy, as NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), take steps to move forward with a proposed oil re

about 11 months ago
Swedish wave energy firm on the hunt for financial head
Business Developments & Projects

Swedish wave energy firm on the hunt for financial head

Following strategic backing as part of its Series B funding round, as well as a grant from the European Union (EU), Swedish wave energy developer CorPower Ocean is on the lookout for a chief financial officer (CFO). Since its start in 2012, CorPower has raised around €115 million in funding in an ef

about 11 months ago
Neoliner Origin, ‘world’s first’ commercial sailing RoRo ship, wraps up second sea trials
Business Developments & Projects

Neoliner Origin, ‘world’s first’ commercial sailing RoRo ship, wraps up second sea trials

Neoliner Origin, “the world’s first” commercial sailing roll-on/roll-off (RoRo) vessel being built for French shipping player Neoline at the Turkish RMK Marine shipyard, has completed its second sea trials.

about 11 months ago
Several men standing inside of a large metal tank
Business Developments & Projects

Hanwha entrusts French firm with tank design for LNG carrier duo

French technological containment specialist Gaztransport & Technigaz (GTT) has been commissioned by South Korea’s Hanwha Ocean to design tanks for two new liquefied natural gas carriers (LNGCs).

about 11 months ago
Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety
Business Developments & Projects

Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety (Video)

A UK-Brazilian partnership has developed a tentacle-like underwater robot that could remove the need for large vessels and human divers for offshore inspections and enable smaller underwater vehicles to perform sophisticated inspection tasks, thereby reducing operational costs and improving personne

about 11 months ago
Adriatic LNG; Source: VTTI
Business Developments & Projects

Italy’s largest LNG regasification terminal to be back at full throttle by mid-month

Italy’s Terminale GNL Adriatico, controlled by VTTI (70%) and Snam (30%), as the operator of a liquefied natural gas (LNG) regasification terminal in the Northern Adriatic Sea, said to be the largest such asset in the Southern European country, has disclosed the timeline for the LNG terminal’s retur

about 11 months ago
K Line
Business Developments & Projects

K Line: Automated kite system development enters next phase

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has revealed that land tests verifying the performance of “Seawing” automated kite system utilizing wind power have been successful, paving the way for offshore demonstration tests in the near future.

about 11 months ago
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