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Business Developments & Projects

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Navigator Bird, Geospace Technologies product. Source: Geospace Technologies
Business Developments & Projects

Seis GEaR acquires streamer recovery device line from Geospace

The U.S.-based Seis GEaR has reached a deal to acquire the Streamer Recovery Device (SRD) line from Geospace Technologies, with the transaction set to close on June 30, 2025. The acquisition includes Geospace’s full SRD portfolio: SRD-500S, SRD-500DW, HSRD, Inline Streamer Recovery Device, Navigator

about 1 year ago
South Korean shipbuilding giant joins Mærsk Mc-Kinney Møller Center to pursue zero-carbon shipping solutions
Business Developments & Projects

South Korean shipbuilding giant joins Mærsk Mc-Kinney Møller Center to pursue zero-carbon shipping solutions

South Korean shipbuilder HD KSOE has become a strategic partner to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMSZCS).

about 1 year ago
Celsius Galapagos LNG carrier; Source: Basalt
Business Developments & Projects

Fourth vessel joins UK-Denmark duo’s LNG fleet with more in the pipeline

Basalt Infrastructure Partners has taken delivery of its newest liquefied natural gas (LNG) carrier, which expands one of its existing LNG portfolios and its overall vessel fleet, managed by Denmark’s Celsius Shipping.

about 1 year ago
India’s Hygenco breaks ground on green ammonia facility in Odisha
Business Developments & Projects

India’s Hygenco breaks ground on green ammonia facility in Odisha

India’s hydrogen and ammonia developer Hygenco Green Energies has broken ground on a green ammonia plant in Gopalpur Industrial Park, Odisha.

about 1 year ago
Meyer Turku
Business Developments & Projects

Meyer Turku determined to achieve carbon-neutral status by 2030

Finnish shipbuilder Meyer Turku has moved to the next stage of its sustainable shipbuilding journey by adopting central heating for ships under construction.

about 1 year ago
Atlantic LNG
Business Developments & Projects

Aphrodite spurs gas boost: Shell taps Subsea7 to breathe life into its new project

Subsea7 has won a new multimillion-dollar assignment with Shell for a recently green-lighted gas project off the coast of Trinidad and Tobago.

about 1 year ago
Tidal Energy array image from Tidal Technologies Limited.
Business Developments & Projects

Suppliers wanted: TTL opens tender for next-gen tidal energy platform

The UK-based tidal stream energy developer Tidal Technologies Limited (TTL) has launched a procurement process for its first full-scale tidal energy prototype, TT2, marking a step forward in the deployment of UK-developed tidal stream technology. The company is seeking suppliers for the equipment su

about 1 year ago
Yinson GreenTech and RMS looking to advance adoption of electric vessels
Business Developments & Projects

Yinson GreenTech and RMS looking to advance adoption of electric vessels

Green technology solutions provider Yinson GreenTech has partnered with RMS Marine & Offshore Service to propel the adoption of electric vessels, marine electrification, and sustainable maritime solutions in Singapore.

about 1 year ago
ZTT Submarine Cable & System
Business Developments & Projects

Chinese firm delivers first kilometers of subsea cable for Vietnam

China’s ZTT Submarine Cable & System has completed the first 41-kilometer batch delivery of submarine cables for Vietnam’s 110 kV Con Dao power transmission project. The shipment arrived at Long An International Port, marking the initial cable delivery for the subsea link between the national grid a

about 1 year ago
NG Explorer vessel at dock
Business Developments & Projects

NextGeo taps Norwegian shipyard for survey vessel conversion

Italy’s marine geosciences and offshore construction support services provider Next Geosolutions (NextGeo) has entered into a collaboration agreement for the conversion of a vessel from its fleet at the Norwegian shipyard Green Yard Kleven to perform seabed surveys.

about 1 year ago
Viking Line
Business Developments & Projects

Viking Line to deploy ‘world’s largest’ all-electric ferry on Helsinki-Tallinn route

Finland-based shipping company Viking Line is to launch an emission-free route between Helsinki and Tallinn, Estonia, which will be serviced by what is hailed as “the world’s biggest” all-electric passenger car ferry. As disclosed, Viking Line has submitted a funding application to the EU’s Innovati

about 1 year ago
Seismic vessel Ramform Vanguard
Business Developments & Projects

TGS performing geophysical survey for floating wind farm planned to power oil & gas platforms

TGS is conducting a geophysical survey at the site of the Green Volt floating offshore wind project in Scotland, one of the Scottish INTOG round winners and projects planned to provide electricity to oil and gas platforms. The seismic vessel Ramform Vanguard has mobilized from Aberdeen and is schedu

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

Brazilian duo reaches $65M deal on sharing gas processing assets

Brazilian oil and gas company Petroreconcavo has signed a purchase and sale agreement (PSA) with 3R Potiguar, a subsidiary of compatriot player Brava Energia, for the acquisition of a stake in natural gas midstream assets located in Brazil’s State of Rio Grande do Norte

about 1 year ago
New Korean initiative to work on safe tank design for green ships
Business Developments & Projects

New Korean initiative to work on safe tank design for green ships

South Korea’s classification society Korean Register (KR) and compatriot shipbuilding majors HD Hyundai Mipo and HD KSOE have launched a joint initiative to enhance the safety and sustainability of tank design for green ships.

about 1 year ago
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