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Business Developments & Projects

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South Korea’s first specialized HVDC installation vessel to be built in Türkiye
Business Developments & Projects

South Korea’s first specialized HVDC installation vessel to be built by Turkish shipyard

South Korean subsea cable installation company LS Marine Solution has signed a contract with Türkiye’s Tersan Shipyard for the construction of its new, ultra-large cable laying vessel (CLV). To expand orders for large-scale HVDC and offshore wind projects, both domestic and in Europe and North Ameri

about 1 year ago
Louisiana LNG
Business Developments & Projects

Job for $17.5 billion LNG project in Louisiana lands on US dredging giant’s table

Houston-based dredging services provider Great Lakes Dredge & Dock Corporation (GLDC) has won a dredging assignment on a liquefied natural gas (LNG) development in Calcasieu Parish, Louisiana, which is operated by Australia’s Woodside Energy.

about 1 year ago
Two men inside a room with all surfaces covered in metal
Business Developments & Projects

GTT and Chinese shipbuilder to enhance LNG bunkering vessels performance

French technological containment specialist Gaztransport & Technigaz (GTT) and China’s Hudong-Zhonghua Shipbuilding have initiated a joint innovation project to optimize the design and performance of LNG bunkering vessels.

about 1 year ago
Weco's Kaizen Wave Energy Converter
Business Developments & Projects

Weco’s improved wave energy converter taking shape (Video)

The Hague-based Wave Energy Collective (Weco) has entered the building phase of its upgraded wave energy converter (WEC), Kaizen 2.0, together with Holland Shipyards Group. The project is said to build on a longstanding collaboration between Weco and the Dutch shipyard, which supported the developer

about 1 year ago
LNG Canada
Business Developments & Projects

Canada’s huge Shell-led export project achieves its first LNG cargo

With the first liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has tucked a new milestone under its belt at its giant LNG export terminal in Kitimat, Canada’s British Columbia.

about 1 year ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business Developments & Projects

Giant North Sea oil field’s $1.3 billion third chapter is a go

Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

about 1 year ago
High Island V jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling rig staying five more years with Aramco

Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco.

about 1 year ago
A stage for a FPSO sailaway ceremony
Business Developments & Projects

Seventh FPSO prepares to join Petrobras’ Santos Basin field

A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras.

about 1 year ago
Fugro performs 'industry-first' remote survey for offshore trunkline using an USV
Business Developments & Projects

Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV

Fugro has made what it says is an industry-first for pipelay support services, performing a remote survey for a 433-kilometer trunkline offshore Western Australia using its Blue Essence uncrewed surface vessel (USV). Fugro conducted a series of survey campaigns said to have played a critical role in

about 1 year ago
Nexans' new cable layer traveling from Poland to Norway to complete construction
Business Developments & Projects

Nexans’ new cable layer traveling from Poland to Norway to finalize construction

The partially outfitted hull of a new cable-laying vessel (CLV) being built for Nexans has started its journey from Poland to Norway, where it will be finalized. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an upd

about 1 year ago
Thor export cables
Business Developments & Projects

Jan De Nul completes Thor export cable pull-in

Jan De Nul has pulled two export cables for the 1,080 MW Thor offshore wind farm, currently under construction in Denmark. The export cables will transport clean, renewable electricity from the offshore site 22 kilometers out in the North Sea to the Danish mainland. In 2023, Jan De Nul, together wit

about 1 year ago
Skandi Achiever; Source: DOF
Business Developments & Projects

Two more multimillion-dollar vessel gigs land on DOF’s task list in Brazilian waters

DOF Group has won another set of long-term assignments off the coast of Brazil for one of its anchor handling tug supply (AHTS) vessels and a remotely operated vehicle (ROV) support vessel (RSV), with the country’s state-owned energy giant Petrobras.

about 1 year ago
CPN inks new deal to boost Hong Kong’s green marine fuel ambitions
Business Developments & Projects

CPN inks new deal to boost Hong Kong’s green marine fuel ambitions

Bunker supplier Chimbusco Pan Nation Petro-Chemical (CPN) has joined forces with the Hong Kong Special Administrative Region (HKSAR) Government to work toward establishing a green marine fuel bunkering and trading hub in Hong Kong.

about 1 year ago
Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business Developments & Projects

Restart of North Sea FPSO underway

With repairs out of the way, the UK-based upstream oil and gas player Serica Energy has revealed the progress made in resuming production from its assets in the North Sea, as wheels are in motion to bring a floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS)

about 1 year ago
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