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Business Developments & Projects

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Black & Veatch lands FEED contract for Verdagy’s 60 MW hydrogen project in Texas
Business Developments & Projects

Black & Veatch lands FEED contract for Verdagy’s 60 MW hydrogen project in Texas

Verdagy has selected Black & Veatch as the front-end engineering and design (FEED) contractor for its 60-megawatt (MW) clean hydrogen project near the Gulf Coast in Texas.

about 1 year ago
A jackup barge
Business Developments & Projects

One new gig and two extensions keeping GMS vessels busy in Middle East

Gulf Marine Services (GMS), a UAE-headquartered provider of self-propelled and self-elevating support vessels for the offshore energy sector, has picked up a new contract for a vessel from its fleet in the Middle East.

about 1 year ago
Alfa Laval
Business Developments & Projects

Alfa Laval secures 1st ammonia FSS contract in China

Swedish marine technology Alfa Laval has secured its first contract for the ammonia fuel supply system that would be installed onboard seven ammonia dual-fuel LPG/ammonia carriers owned by Chinese shipowner Tianjin Southwest Maritime (TSM).

about 1 year ago
ESL Shipping
Business Developments & Projects

ESL Shipping and SSAB set sights on fossil-free shipping in renewed agreement

Finnish shipping company ESL Shipping and Sweden’s steelmaker SSAB have extended their long-term agreement for sustainable sea transport of SSAB’s inbound raw materials across the Baltic Sea and from the North Sea. As disclosed, the new contract also encompasses the transportation of SSAB’s fossil-f

about 1 year ago
Saipem's Scarabeo 8 semi-submersible rig; Source: Var Energi
Business Developments & Projects

Saipem rig cleared to spin the drill bit in Norwegian waters

Aker BP has secured a drilling permit for an exploration well in the Norwegian Sea off the coast of Norway, which is slated to be drilled this month using a semi-submersible rig owned by Italy’s Saipem.

about 1 year ago
A floating production storage and offloading (FPSO) unit
Business Developments & Projects

Eni looking to rebalance portfolio by divesting stakes in West African assets to Vitol for $1.65B

Italy’s energy giant Eni has reached an agreement with energy and commodities company Vitol to sell a portion of interests in certain assets it owns in Cote d’Ivoire and the Republic of Congo.

about 1 year ago
Lomarlabs and Newlight to pilot hydrogen-diesel engine retrofits
Business Developments & Projects

Lomarlabs and Newlight to pilot hydrogen-diesel engine retrofits

Lomarlabs, an innovation arm of Lomar Shipping, has joined forces with technology company Newlight to pilot hydrogen-diesel engine retrofits and accelerate cost-effective, lower-emission solutions for maritime decarbonization.

about 1 year ago
DP World and Maersk pen long-term agreement to expand maritime services in Brazil
Business Developments & Projects

DP World and Maersk pen long-term agreement to expand maritime services in Brazil

Dubai-based terminal operator DP World has signed a long-term strategic agreement with Danish shipping giant Maersk to expand maritime services at its terminal in the Port of Santos, Brazil.

about 1 year ago
Inch Cape export
Business Developments & Projects

Enshore Subsea wins cable installation gig for one of Scotland’s largest offshore wind projects

UK-headquartered Enshore Subsea has secured an export cable installation contract for one of Scotland’s largest offshore wind projects, the 1.1 GW Inch Cape. The Inch Cape offshore wind farm will feature two 85-kilometer, 220 kV, three-phase export cables, each delivered in three sections and requir

about 1 year ago
FPSO Triton; Source: Dana Petroleum
Business Developments & Projects

Restart hold-up ratchets up UK oil & gas firm’s ‘frustrations’ with North Sea FPSO’s performance

Serica Energy has disclosed a delay in resuming production from its assets in the North Sea, as more time is needed to fix the issue hampering a floating production, storage, and offloading (FPSO) vessel’s performance on the UK Continental Shelf (UKCS).

about 1 year ago
Motion Ventures
Business Developments & Projects

Motion Ventures targets $100M to drive green innovation in maritime industry

Motion Ventures, a Singapore-based maritime venture investment fund, has unpacked what it endeavors to be its “largest maritime tech fund ever” valued at a staggering $100 million, aimed at supporting decarbonization as well as digitalization of the maritime industry. Powered by Rainmaking, a UK-bas

about 1 year ago
Port of Açu lines up third ammonia project with new land reservation contract
Business Developments & Projects

Port of Açu lines up third ammonia project with new land reservation contract

Brazil’s Port of Açu and renewable fuels producer Sempen have entered into a land reservation agreement for the construction of a green ammonia plant in the port’s industrial complex in the north of the State of Rio de Janeiro.

about 1 year ago
Stena Line
Business Developments & Projects

Stena Line picks Norsepower rotor sails for brand new methanol-ready NewMax ferry

Swedish ferry company Stena Line has decided to equip its methanol hybrid newbuild roll-on/roll-off (RoRo) vessel with a wind propulsion solution to be provided by Finish cleantech company Norsepower.

about 1 year ago
Akçakoca platform; Source: Trillion Energy
Business Developments & Projects

Wheels up to up hydrocarbon production ante at giant gas field offshore Türkiye

Trillion Energy is working on implementing solutions to bolster and maintain natural gas production in the long run at its giant field offshore Türkiye, with a gas lift compressor system.

about 1 year ago
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