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Business Developments & Projects

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HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union
Business Developments & Projects

HelioRec and partners launch EU-backed project to advance floating solar tech

French offshore solar start-up HelioRec has launched the STEWART project, aimed at advancing environmentally friendly floating solar solutions, backed by the European Union and Région Pays de la Loire through the Clean Energy Transition Partnership (CETPartnership). According to HelioRec, the STEWAR

about 1 year ago
Mumbai High oil field; Source: ONGC
Business Developments & Projects

BP tackling production decline at ‘largest and most prolific’ oil field offshore India

BP has been hired by Oil and Natural Gas Limited (ONGC) to handle the decline in hydrocarbon production levels at a giant oil field in the country’s waters.

about 1 year ago
FLNG Tango; Source: Exmar
Business Developments & Projects

Eni rebuts Exmar’s FLNG bonus entitlement claim

Eni has refuted the conclusions drawn by Exmar, concerning the latter’s bonus expectations based on the production data for a floating liquefied natural gas (FLNG) unit the firm sold to the Italian player.

about 1 year ago
Singapore’s Strategic Marine to build survey vessel for Australian firm
Business Developments & Projects

Singapore’s Strategic Marine to build survey vessel for Australian firm

Singapore-based shipbuilder Strategic Marine has signed a contract with Odyssey Group under which it will construct a new multi-purpose survey vessel for the Australian maritime logistics provider. Strategic Marine said that the vessel would be tailored to meet Odyssey Group’s specific operational n

about 1 year ago
Aerial view of a large vessel and offshore infrastructure
Business Developments & Projects

First LNG produced at BP’s huge project offshore West Africa

First liquified natural gas (LNG) production has been achieved at a gas development offshore Mauritania and Senegal operated by the UK’s energy giant BP.

about 1 year ago
Klaipeda
Business Developments & Projects

Klaipėda Port kicks off quay electrification project

The Port of Klaipėda in Lithuania has begun installing the required infrastructure to supply electricity to moored vessels, a move expected to ‘significantly’ cut down on harmful emissions and noise pollution in the area. As disclosed, this endeavor involves the construction of three stations that w

about 1 year ago
An offshore platform viewed from a rugged coastline
Business Developments & Projects

Hartshead seeks partners’ approval for revised offtake route in North Sea gas project

ASX-listed Hartshead Resources has submitted a program and budget for the development of a new gas export route from a production license situated on the United Kingdom Continental Shelf (UKCS) for approval to its partners in the P2607 joint venture (JV).

about 1 year ago
HD Hyundai Mipo books $372 million order for LNG bunkering quartet
Business Developments & Projects

HD Hyundai Mipo books $372 million order for LNG bunkering quartet

Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.

about 1 year ago
Dealfeng
Business Developments & Projects

Dealfeng to strengthen position in wind propulsion market with new partner onboard

China’s green energy technology company Dealfeng New Energy Technology recently completed a multi-million RMB Pre-A Series funding round, attracting investment by TZME (TianJin), a compatriot company active in the mechanical equipment industry.

about 1 year ago
Van Oord's 10-year-old cable layer sports Damen's emission reduction technology
Business Developments & Projects

Van Oord’s 10-year-old cable layer sports Damen’s emission reduction technology

Van Oord’s ten-year-old cable laying vessel (CLV) Nexus has been equipped with advanced selective catalytic reduction (SCR) systems said to reduce 80% of nitrogen (NOx) emissions. Damen Shipyards Group, who built the cable layer ten years ago, installed five SCR units on the Nexus, one for each engi

about 1 year ago
Yara and NYK execute ‘world’s first’ time-charter deal for ammonia-fueled medium gas carrier
Business Developments & Projects

Yara and NYK execute ‘world’s first’ time-charter deal for ammonia-fueled medium gas carrier

Norwegian ammonia distributor Yara Clean Ammonia and Japan’s shipping company NYK Line have concluded what is said to be the “world’s first” time-charter contract for an ammonia-fueled medium gas carrier.

about 1 year ago
TGS to kick off two 4D streamer projects off Norway in June
Business Developments & Projects

TGS to perform six 4D streamer contracts this summer offshore Norway

Norway-based energy data and intelligence company TGS has secured two 4D streamer contracts in Norway, one to be performed in the North Sea and one in the Norwegian Sea. The 4D projects will be acquired back-to-back and are set to commence in June, having a total duration of approximately 80 days. K

about 1 year ago
alternative
Business Developments & Projects

EU supports alternative fuel infrastructure projects with €422M

Maritime-related initiatives are among 39 innovative projects—-dedicated to deploying alternative fuel infrastructure—that have been selected by the European Commission.

about 1 year ago
Japan’s first: NYK runs biofuel trial on coal carrier for domestic power utility company
Business Developments & Projects

Japan’s first: NYK runs biofuel trial on coal carrier for domestic power utility company

In line with efforts to promote decarbonization in maritime transport, Japanese shipping major NYK Line has conducted the first biofuel test run on its coal carrier for a domestic power utility company.

about 1 year ago
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