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Business Developments & Projects

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Hanwha Ocean and KR set sights on next-gen ammonia and LNG carriers
Business Developments & Projects

Hanwha Ocean and KR set sights on next-gen ammonia and LNG carriers

South Korean shipbuilding major Hanwha Ocean and compatriot classification society Korean Register (KR) have joined forces to develop an ultra-large ammonia carrier and a forward deckhouse LNG carrier.

about 1 year ago
Everllence
Business Developments & Projects

MAN Energy Solutions bows out—Everllence steps in

After years under a familiar banner, Germany’s engine maker MAN Energy Solutions (MAN ES) has bid farewell to its name, having stepped into a new identity – Everllence. As disclosed, Everllence remains part of the Volkswagen Group, and the company’s product and service portfolio also remains unchang

about 1 year ago
MODEC FPSO
Business Developments & Projects

MODEC and UK firm going in hot pursuit of FPSO-based carbon capture tech

MODEC has joined forces with the UK-headquartered Carbon Clean Solutions to explore opportunities for accelerated development and deployment of offshore carbon capture technology on floating production, storage, and offloading (FPSO) units to curb the carbon footprint from operations.

about 1 year ago
CMA CGM
Business Developments & Projects

Industry giants eye e-methanol bunkering and export facility in UAE

AD Ports Group, Masdar, Advario, and CMA CGM Group have signed a collaboration agreement to explore the feasibility of developing an e-methanol bunkering and export facility at Khalifa Port and KEZAD, UAE.

about 1 year ago
Wah Kwong sets up clean fuels-focused subsidiary
Business Developments & Projects

Wah Kwong sets up clean fuels-focused subsidiary

Hong Kong-based shipowner Wah Kwong has established a new subsidiary dedicated to the procurement and trading of clean fuels as part of its broader strategy to diversify and advance clean energy solutions for the maritime industry.

about 1 year ago
Transocean Spitsbergen rig; Source: Transocean
Business Developments & Projects

Transocean rig lines up more offshore drilling work in Norwegian waters

Transocean has landed a new contract extension for one of its semi-submersible rigs, which is working off the coast of Norway.

about 1 year ago
Five-year plan: Allseas enters ‘next frontier’ as its turns to nuclear technology
Business Developments & Projects

Five-year plan: Allseas enters ‘next frontier’ as its turns to nuclear technology

Offshore pipeline installation, heavy lift, and subsea construction contractor Allseas has launched a five-year plan to pioneer nuclear technology to optimize operations for energy-intensive offshore vessels and industrial clusters. Describing nuclear as “the next frontier”, the company noted that t

about 1 year ago
New dual-fuel LNG PCTC joins UECC’s eco-friendly fleet on European route
Business Developments & Projects

New dual-fuel LNG PCTC joins UECC’s eco-friendly fleet on European route

Norwegian RoRo transportation provider United European Car Carriers (UECC) has added another dual-fuel LNG pure car and truck carrier (PCTC) to its eco-friendly fleet.

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

Partner selection quest for Alaska LNG tops $115B in interest from 50 firms

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group and a majority owner and lead developer of a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has wrapped up the first round of its strategic partner selection process related to a liquefied natural gas (LNG) expor

about 1 year ago
AFC Energy enters ammonia cracking partnership to support hydrogen production
Business Developments & Projects

AFC Energy enters ammonia cracking partnership to support hydrogen production

AFC Energy, a UK-based provider of hydrogen power generation technologies, has signed a joint development agreement (JDA) with an undisclosed industrial S&P 500 company to develop a range of small to large-scale ammonia crackers for hydrogen production using its proprietary modular ammonia cracking

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

TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil

TotalEnergies has set the wheels in motion to transfer its non-operated interest in a deepwater development project in the pre-salt area of the Santos Basin to Shell in exchange for the latter’s partial stake in its producing field off the coast of Brazil.

about 1 year ago
Sullom Voe Terminal; Source: Fennex
Business Developments & Projects

AI-powered safety tool fortifies EnQuest’s operated energy portfolio in UK waters

Aberdeen-based Fennex has won a multi-year contract with EnQuest which enables the Scottish company to deploy its AI-powered safety management solution across the latter’s operated UK offshore assets and its oil and gas terminal in the Shetland Islands, Scotland.

about 1 year ago
FPSO Kwame Nkrumah on the Jubilee field; Source: Kosmos
Business Developments & Projects

West Africa’s oil & gas field pair to remain in production mode until 2040

Thanks to a memorandum of understanding (MoU) with the government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC), and Explorco have signed on the dotted line to prolong the production lifespan of two fields off the coast of Ghana, with an extension of productio

about 1 year ago
Kongsberg
Business Developments & Projects

Kongsberg Maritime rolls out service to ‘streamline’ WAPS adoption

Norway-headquartered marine technology player Kongsberg Maritime has unpacked a new service envisaged to aid ship owners select and implement wind-assist technologies “more effectively.” As disclosed, the new service, named K-Sail, was developed with the aim of helping vessel owners navigate the cha

about 1 year ago
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