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Business Developments & Projects

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A large offshore platform
Business Developments & Projects

Prosafe balancing asset optimization and capital reset

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its activity in the first quarter of 2025.

about 1 year ago
FPSO Marlin Natuna; Source: Medco Energi
Business Developments & Projects

Two ‘strategic’ oil & gas fields come online offshore Indonesia

Medco E&P Natuna, a subsidiary of PT Medco Energi Internasional (MedcoEnergi), has brought two oil and gas fields on stream in the South Natuna Sea off the coast of Indonesia.

about 1 year ago
FPSO BW Adolo; Source: BW Offshore
Business Developments & Projects

BW Offshore puts O&M duties of Gabon-based FPSO in BW Energy’s hands

BW Energy has taken over from Norway’s BW Offshore the operations and maintenance (O&M) of a floating production, storage, and offloading (FPSO) unit working off the coast of Gabon.

about 1 year ago
A platform supply vessel at sea
Business Developments & Projects

MMA vessel finds work on Chevron’s Western Australian assets

Australian offshore vessel player MMA Offshore, an affiliate of Singapore-based Cyan Renewables, has won a multi-year contract with Chevron’s Australian subsidiary for a high-specification platform supply vessel (PSV) from its fleet.

about 1 year ago
Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains
Business Developments & Projects

Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains

Canada’s province of Newfoundland and Labrador and the Port of Amsterdam, the Netherlands, have signed a memorandum of understanding (MoU) to explore green hydrogen supply chains.

about 1 year ago
Map showing EGL5; Source: National Grid
Business Developments & Projects

First steps being taken to bring UK’s fifth subsea electricity superhighway to life

The UK National Grid and SSEN Transmission have set into motion the first steps for the development of Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England, by launching a public consultation. The partners opened a stage 1 (non-statutory)

about 1 year ago
MAN ES unveils ‘next generation’ two-stroke methanol engine
Business Developments & Projects

MAN ES unveils ‘next generation’ two-stroke methanol engine

German engine manufacturer MAN Energy Solutions (MAN ES) is set to deliver what it hails as “the world’s most powerful” two-stroke methanol engine. As disclosed, the MAN B&W 12G95ME-C10.5-LGIM (-liquid gas injection methanol) type engine is presently being built by a Chinese licensee, CSSC-MES Diese

about 1 year ago
An LNG carrier
Business Developments & Projects

12th LNG carrier joins Celsius Tech’s fleet, 9 more in the works

Celsius Tech Limited, the Hong Kong-based technical management arm of Danish shipowner Celsius, has taken delivery of a liquefied natural gas (LNG) vessel from South Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
Seatrium gets ABS’ blessing for 25,000 cbm ammonia bunker vessel
Business Developments & Projects

Seatrium gets ABS’ blessing for 25,000 cbm ammonia bunker vessel

Singapore-based offshore, marine, and energy solutions provider Seatrium has received approval in principle (AiP) for its 25,000 cubic meter (cbm) ammonia bunker vessel.

about 1 year ago
NAGA 4 jack-up rig; Source: Velesto
Business Developments & Projects

Velesto rig lines up drilling job for over 40 wells

Velesto has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Vietnam, Southeast Asia.

about 1 year ago
The anchor system is loaded onto the anchor installation vessel for deployment at the Hollandse Kust Noord offshore wind farm site
Business Developments & Projects

Anchoring system in place for solar integration with Dutch offshore wind

Offshore installation works have been completed for the anchoring system of the first offshore solar farm that is to be installed within the Hollandse Kust Noord (HKN) offshore wind farm, according to Oceans of Energy. The floating solar array, supplied by Oceans of Energy, will be moored within the

about 1 year ago
Geoquip Marine Germany
Business Developments & Projects

Geoquip Marine wraps up survey work for two offshore wind projects in Germany

Geoquip Marine has completed a preliminary geotechnical site investigation for two 4 GW offshore wind projects in the German North Sea. Under the contract, the UK-based company drilled 28 boreholes across the project sites to analyse the subsea terrain for wind turbine foundations. Geoquip underwent

about 1 year ago
Höegh Autoliners’ fifth multi-fuel Aurora-class PCTC hits the water
Business Developments & Projects

Höegh Autoliners’ fifth multi-fuel Aurora-class PCTC hits the water

Höegh Autoliners’ fifth multi-fuel Aurora-class vessel has departed China Merchants Heavy Industry’s shipyard, ready to commence its commercial operations.

about 1 year ago
PEL 94 offshore Namibia; Source: GEO Exploration
Business Developments & Projects

Oil resource uplift comes to light in Namibian offshore basin’s ‘sweet spot’

GEO Exploration has revealed an uptick in unrisked prospective resources within its petroleum exploration license (PEL) 94 in the Walvis Basin, off the coast of Namibia.

about 1 year ago
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