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Business Developments & Projects

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Business & FinanceCarbon Capture Usage & StorageInfrastructureOutlook & StrategyProject & TendersStorageTechnologyTransitionVisionCollaborationResearch & DevelopmentExploration & ProductionVesselsGreen MarineInnovationRegulation & PolicyRules & RegulationEquipmentAuthorities & GovernmentOperations & Maintenance
BP, Equinor and TotalEnergies hire Halliburton for carbon capture and storage monitoring
Business Developments & Projects

BP, Equinor and TotalEnergies hire Halliburton for carbon capture and storage monitoring

U.S.-headquartered oilfield services player Halliburton has secured a contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, to deliver completions and downhole monitoring services for the UK’s first offshore carbon capture and storage (CCS) project

about 1 year ago
OTEC Power Modules mounted on a barge for uncrewed operations
Business Developments & Projects

Global OTEC signs new Hawaii partnership

UK-based Global OTEC has signed a memorandum of understanding (MoU) with Hawaii-based Makai Ocean Engineering to supply thin foil heat exchanger (TFHX) technology for its OTEC Power Module system. According to Global OTEC, Makai’s TFHX will be integrated into Global OTEC’s modular offshore unit, des

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects

Odfjell-managed rig spins the drill bit at OKEA’s North Sea field

A rig managed by Odfjell Drilling has spudded the first well at a license operated by OKEA in the northern part of the North Sea offshore Norway.

about 1 year ago
Hafnia adds third tanker to its methanol dual-fuel fleet
Business Developments & Projects

Hafnia adds third tanker to its methanol dual-fuel fleet

Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their third dual-fuel methanol medium-range (MR) tanker.

about 1 year ago
FSO Pargo
Business Developments & Projects

Perenco acquires Petrobras’ hibernated assets, sets revival strategy

The Brazilian subsidiary of Anglo-French oil and gas player Perenco has finalized the acquisition of two concessions located in shallow waters in the Campos Basin from Brazil’s state-owned oil and gas giant Petrobras.

about 1 year ago
Industry coalitions unite to advance green shipping technologies
Business Developments & Projects

Industry coalitions unite to advance green shipping technologies

ZESTAs and SASHA Coalition have partnered to drive policy and industry action to develop and deploy green shipping technologies and accelerate the maritime energy transition.

about 1 year ago
Anemoi
Business Developments & Projects

Anemoi wins $1.59M for ‘next-generation’ folding sail system

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has clinched £1.2 million (roughly $1.59 million) worth of funding under the sixth round of the country’s Clean Maritime Demonstration Competition (CMDC). As disclosed, the winning project is set to encompass the creation of a ‘ne

about 1 year ago
WATCH: Malaysia and Sarawak’s first purpose-built MPSV makes a splash
Business Developments & Projects

WATCH: Malaysia and Sarawak’s first purpose-built MPSV makes a splash

Malaysian offshore support vessel (OSV) provider Nam Cheong Group has unveiled what it says is Malaysia and Sarawak’s first purpose-built multi-purpose support vessel (MPSV), set to be deployed in the oil & gas, renewable energy and telecommunication sectors. According to the company, the advanced d

about 1 year ago
Admarine 510 jack-up rig; Source: ADES
Business Developments & Projects

ADES makes $380M takeover bid for Shelf Drilling

A subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has signed an agreement with UAE-headquartered offshore drilling contractor Shelf Drilling to acquire the latter.

about 1 year ago
Yinson GreenTech delivers battery system for hybrid research vessel in Middle East
Business Developments & Projects

Yinson GreenTech delivers battery system for hybrid research vessel in Middle East

Yinson GreenTech has delivered a 1.2 MWh ABS-certified marine battery system, developed in collaboration with CALB Group, for integration into a hybrid research and survey vessel for an undisclosed oil and gas company in the Middle East.

about 1 year ago
Auctioneer selected for cross-border transmission capacity of first UK-Germany energy link
Business Developments & Projects

‘Another vital piece of the jigsaw’ comes together for first UK-Germany energy link

UK energy market regulator Ofgem has certified the €2.8 billion NeuConnect project, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany, as an Independent Transmission System Operator (TSO), a prerequisite necessary before the link bec

about 1 year ago
2.5 MW electrolyzer delivered for energy hub at HKN offshore wind farm
Business Developments & Projects

2.5 MW electrolyzer delivered for energy hub at HKN offshore wind farm

Elogen has delivered a 2.5 MW electrolyzer for the Baseload Power Hub at the Hollandse Kust Noord (HKN) offshore wind farm.

about 1 year ago
Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank with Eddie Cross – Chairperson, Green Hybrid Power
Business Developments & Projects

Zimbabwe lined up for 1 GW floating solar development

African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, has signed a $4.4 million project preparation facility agreement with Green Hybrid Power Private to advance feasibility and bankability studies for a 1 GW floating solar photovoltaic (PV) power plant on

about 1 year ago
Construction starts on Chinese pure-electric cable laying vessel
Business Developments & Projects

China’s ZTT starts construction of advanced cable laying vessel

China’s ZTT Submarine Cable & System has begun construction of an advanced cable laying vessel (CLV) that will service offshore wind, island interconnections and regional grid expansion projects in Asia Pacific (APAC). The new-generation, self-propelled CLV will be 139.8 meters long, with a 38-meter

about 1 year ago
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