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Business Developments & Projects

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Seismic vessel Ramform Vanguard
Business Developments & Projects

TGS gets offshore wind site characterization job in Norway

TGS has won a contract for offshore wind site characterization, including acquisition, imaging, and interpretation services offshore Norway. Ramform Vanguard will start acquisition in early July, with a duration of approximately 25 days. The imaging and interpretation work will begin concurrently wi

about 1 year ago
Thor rig; Source: Crystal Offshore via LinkedIn
Business Developments & Projects

Borr Drilling’s rig quartet scores multimillion-dollar gigs across geographies

Borr Drilling, an offshore drilling player, has secured a batch of deals for four jack-up rigs in the Middle East, Southeast Asia, and North America.

about 1 year ago
MSC books new China-built LNG dual-fuel boxships in $1.2 billion deal
Business Developments & Projects

MSC books new China-built LNG dual-fuel boxships in $1.2 billion deal

Swiss container shipping giant MSC is set to invest over $1.2 billion in fleet expansion with a new order for up to six LNG dual-fuel containerships at a Chinese shipyard.

about 1 year ago
Upgrade and maintenance wrap up for Island Offshore's 17-year-old vessel
Business Developments & Projects

Upgrade and maintenance wrap up for Island Offshore’s 17-year-old vessel

Norway’s VARD has completed an upgrade and maintenance project on the 17-year-old Island Wellserver multi-purpose vessel owned by Island Offshore. Delivered in 2008, the 116-meter-long Island Wellserver is capable of performing light well intervention and associated services, construction and subsea

about 1 year ago
Man seen from behind standing on an offshore platform
Business Developments & Projects

Eni streamlines portfolio with oilfield solutions spin-off

Versalis, the chemical subsidiary of Italian energy giant Eni, has launched a new company to independently manage its oilfield chemicals business.

about 1 year ago
Imabari
Business Developments & Projects

Imabari Shipbuilding rolls out the red carpet for 7,000 CEU LNG-powered PCTC

Japan’s Imabari Shipbuilding has handed over a 7,000 CEU pure car and truck carrier (PCTC) powered by liquefied natural gas (LNG) to its owner. As disclosed, the vessel, which has been named Angelite Ace, was delivered at the company’s Tadotsu Shipyard on July 1. The 18,473 dwt PCTC features an over

about 1 year ago
Energy Intelligence LNG carrier; Source: Alpha Gas
Business Developments & Projects

Wärtsilä picks up lifecycle optimization job for LNG vessel duo

Wärtsilä has landed a multi-year deal to provide enhanced operational support for two liquefied natural gas (LNG) carriers (LNGC) with Athens-based LNG management company, Alpha Gas.

about 1 year ago
NEXTCHEM wins €210M contract for low-carbon methanol project in Mexico
Business Developments & Projects

NEXTCHEM wins €210M contract for low-carbon methanol project in Mexico

NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.

about 1 year ago
Courtesy of DNO
Business Developments & Projects

North Sea offtake with Norwegian player bringing more gas to ENGIE

DNO has got its hands on an offtake agreement with France’s ENGIE for its Norwegian gas production and a related offtake financing facility with a U.S. bank.

about 1 year ago
WATCH: Methanol-ready energy subsea construction vessel makes a splash in Vietnam
Business Developments & Projects

WATCH: Methanol-ready energy subsea construction vessel makes a splash in Vietnam

An energy subsea construction vessel (ESCV) being built in Vietnam for Norwegian shipping company Rem Offshore has hit the water one month ahead of schedule. Once delivered next year, the vessel will perform heavy construction work in offshore wind and subsea arenas with net-zero emissions. Followin

about 1 year ago
LNG strengthens foothold as ‘clear choice’ in alternative fuels orderbook
Business Developments & Projects

LNG strengthens foothold as ‘clear choice’ in alternative fuels orderbook

While the overall newbuild market is experiencing a slower growth rate, the alternative fuels orderbook saw a total of 151 vessel orders in the first half of 2025, with LNG dominating as the “clear fuel of choice” and accounting for more than half of the orderbook, according to data from classificat

about 1 year ago
Several people standing in line at a document signing ceremony
Business Developments & Projects

EPCC deal inked for next stage of Thailand’s third LNG terminal

Thailand’s Gulf Development Company has signed an engineering, procurement, construction, and commissioning (EPCC) contract with the PEC-CAZ Consortium for the next phase of a liquefied natural gas (LNG) terminal on the eastern coast of the Gulf of Thailand.

about 1 year ago
All inter-array cables in place at Germany’s 960 MW offshore wind farm
Business Developments & Projects

All inter-array cables in place at Germany’s 960 MW offshore wind farm

All inter-array cables have been installed at EnBW’s He Dreiht offshore wind farm in the German North Sea. Seaway7 said on July 1 it completed the installation of the last inter-array cable, connecting the 13th and last string of the He Dreiht project to the BorWin epsilon converter platform, part o

about 1 year ago
South Korean partners conduct ‘world’s first’ LNG boil-off gas recycling demo
Business Developments & Projects

South Korean partners conduct ‘world’s first’ LNG boil-off gas recycling demo

South Korean conglomerate HD Hyundai and compatriot classification society Korean Register (KR) have revealed the completion of what is claimed to be the world’s first demonstration of a technology that recycles boil-off gas (BOG) from LNG-fueled ships under construction into onshore city gas.

about 1 year ago
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