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Business Developments & Projects

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tanker
Business Developments & Projects

Høglund, HB Hunte unveil tank concept for LPG, CO2 transportation

Norway-based maritime solutions provider Høglund Marine Solutions has, in collaboration with Germany’s HB Hunte Engineering, developed a tank concept for LPG and CO2 transportation, based on existing technology.

about 5 years ago
Noble Paul Romano, one of the rigs recently sold; Source: Noble Corp.
Business Developments & Projects

Noble Corp. preparing to emerge from bankruptcy

Noble Corporation is preparing to emerge from Chapter 11 bankruptcy with a temporary name change to allow continued use of its name upon emergence.

about 5 years ago
An image mapping the location of Mayflower Wind offshore wind farm
Business Developments & Projects

Massachusetts DPU greenlights Mayflower Wind OWF

The Massachusetts Department of Public Utilities (DPU) has issued an Order approving long-term contracts of the 804 MW Mayflower Wind offshore wind farm with the Commonwealth’s Electric Distribution Companies. The project is expected to provide approximately 0.1 per cent to 1.8 per cent savings on c

about 5 years ago
Shenzi field- BHP
Business Developments & Projects

BHP boosts Shenzi stake as Hess deal closes

Hess Corporation has completed the sale of its interest in the Shenzi field, located in the deepwater Gulf of Mexico, to BHP.

about 5 years ago
ESL Shipping
Business Developments & Projects

ESL Shipping: Bothnia Bulk project significantly cuts air pollution

The Swedish-Finnish Bothnia Bulk project has achieved a significant reduction in air pollution from maritime transport.

about 5 years ago
Invinity flow batteries
Business Developments & Projects

EMEC to fuse tidal power and flow batteries for green hydrogen

European Marine Energy Centre (EMEC) has purchased a 1.8 MWh vanadium flow battery (VFB) system from Invinity Energy Systems. EMEC will deploy the flow battery at its tidal energy test site on the island of Eday. A world-first project will combine flow battery technology with tidal power to produce

about 5 years ago
Safe Notos - Prosafe
Business Developments & Projects

Petrobras extends Prosafe gig in Brazil

Prosafe has signed a contract extension with Petrobras for the provision of the Safe Notos semi-submersible vessel for support offshore Brazil.

about 5 years ago
A Valaris jack-up rig (for illustration)
Business Developments & Projects

U.S. offshore rig count down to 12 units

The number of active offshore rigs in the U.S. dropped by one unit last week, according to data by Baker Hughes.

about 5 years ago
A photo showing Siemens Gamesa 4.5 MW wind turbine rotor, with close-up of the nacelle
Business Developments & Projects

LOC Singapore bags new offshore wind contract in Vietnam

PowerChina HuaDong Engineering has awarded LOC Singapore with a contract for marine warranty survey (MWS) services for the transportation and installation operations at the Binh Dai Phase 1 offshore wind project in Vietnam. LOC will provide MWS services, including suitability surveys of the proposed

about 5 years ago
Heerema Porto Amboim
Business Developments & Projects

Heerema to wind down ‘no longer economically viable’ Angola business

Dutch offshore contractor Heerema Marine Contractors has decided to close its joint ventures in Angola due to poor market conditions.

about 5 years ago
The future of seismic data acquisition
Business Developments & Projects

The future of seismic data acquisition

Seismic surveys have for decades been a key part of offshore exploration, producing comprehensive imagery of sub-bottom rock formations that allow the location and evaluation of oil and gas deposits. They also find their use in assessments of the seabed for offshore construction, installations of re

about 5 years ago
A CAD image rendering of the Subhub platform with the removals as part of the refit highlighted in blue (Courtesy of QED Naval)
Business Developments & Projects

QED Naval opens tender for IRM works

Scottish marine engineering firm QED Naval has launched a tender for inspection, repair and maintenance (IRM) works related to Subhub tidal platform refitting.

about 5 years ago
tanker
Business Developments & Projects

Euronav tries to escape challenging freight rates by bringing forward dry dockings

Belgium’s tanker shipping company Euronav has decided to bring forward dry dockings in order to counter the challenging freight rate market in the short term.

about 5 years ago
FSO Asia operating on the Al-Shaheen field- Euronav
Business Developments & Projects

Ten-year extension for FSO duo on Al-Shaheen field off Qatar

A joint venture between Euronav and International Seaways has been awarded a 10-year contract extension for FSO duo operating on the Al-Shaheen field.

about 5 years ago
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