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Business Developments & Projects

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Smart Port Challenge
Business Developments & Projects

Attracting innovation in maritime: Another smart port challenge launches in Singapore

The Maritime and Port Authority of Singapore (MPA) and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), have jointly launched the 9th edition of the PIER71 Smart Port Challenge (SPC) 2025.

about 1 year ago
MHI
Business Developments & Projects

Mitsubishi Heavy Industries places bet on Japanese clean fuels production start-up

Japan’s Mitsubishi Heavy Industries (MHI) has opted to invest in iPEACE223, a compatriot start-up company focused on engineering the technology needed for the production of carbon-neutral, clean fuel from bioethanol. Through its investment in the Tokyo-headquartered venture, MHI stated that it would

about 1 year ago
Rendering of Commonwealth LNG plant
Business Developments & Projects

JERA’s long-term offtake commitments propel US LNG projects toward FID

Japan’s energy major JERA has finalized long-term agreements with four U.S. players relating to the offtake of liquefied natural gas (LNG) from the country’s export projects in a bid to fortify Asia’s energy security.

about 1 year ago
Carbon Trust handpicks H2SEA for offshore hydrogen production study
Business Developments & Projects

Carbon Trust handpicks H2SEA for offshore hydrogen production study

UK consultancy Carbon Trust has commissioned green hydrogen company H2SEA to conduct the Offshore Hydrogen Production Platform Design (H2PD) project under its Integrator Programme, a joint industry initiative which aims to maximize the contribution of offshore wind to a low-cost, flexible, predictab

about 1 year ago
Source: ABL
Business Developments & Projects

ABL wins MWS role for US-Canada subsea cable project

Norway’s ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been selected by Blackstone-owned Transmission Developers to provide marine warranty survey (MWS) services for the transport and installation (T&I) of subsea cable segments of the Champlain Hudson Power Express (CHPE) pro

about 1 year ago
Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability
Business Developments & Projects

Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability

Australia’s Port of Brisbane (PBPL) has launched Vision 2060, a roadmap aimed at strengthening Queensland’s economic position, preparing trade infrastructure for future demands, and guiding the port’s shift toward greater sustainability and efficiency.

about 1 year ago
Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)
Business Developments & Projects

German firm pens 10-year gas deal with Azerbaijan’s SOCAR

Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security.

about 1 year ago
Illustration; Source: McDermott
Business Developments & Projects

McDermott debuts resource efficiency tool for energy projects

U.S. offshore engineering and construction player McDermott has introduced a tool for assessing circularity across its energy infrastructure projects.

about 1 year ago
Oseberg East field; Source: Øyvind Hagen/Equinor
Business Developments & Projects

Baker Hughes picks up P&A gig at North Sea oil field

Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

about 1 year ago
Two vessels side by side at sea
Business Developments & Projects

More capacity slots up for grabs at Italy’s regasification terminal

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, intends to hold capacity allocation auctions without expressions of interest for regasification capacity at its floating storage and regasification unit (FSRU) moored off

about 1 year ago
Illustration: Odfjell Technology
Business Developments & Projects

UK-US partnership sets its cap on enhancing oilfield market offerings

Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

about 1 year ago
Seaturns' wave energy device. Source: Seaturns
Business Developments & Projects

Seaturns to deploy full-scale wave energy device at offshore test site in 2025

French wave energy developer Seaturns has signed an agreement with the OPEN-C Foundation to deploy a full-scale wave energy demonstrator at the SEM-REV offshore test site near Le Croisic, with installation scheduled for summer 2025. According to Seaturns, the move follows the completion of reduced-s

about 1 year ago
A man seen from behind
Business Developments & Projects

North Sea helifuel deal with ‘major’ operator goes to UK player

Scotland-headquartered provider of energy solutions OEG has won a multi-year helifuel services contract with what it says is a major UK operator.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Business Developments & Projects

Another exploration well on duo’s drilling agenda in Black Sea

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have set their sights on drilling a second exploration well at a block in the Black Sea off the coast of Bulgaria.

about 1 year ago
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