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Business Developments & Projects

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New partnership looking into hydrogen network in Åland
Business Developments & Projects

New partnership looking into hydrogen network in Åland

Finland’s state-owned transmission system operator (TSO) Gasgrid and the Government of Åland have signed a letter of intent (LoI) to jointly explore opportunities for building a hydrogen network in Åland.

about 1 year ago
Fugro’s SEAWATCH® Wavescan® buoys provide real-time Geo-data on metocean parameters. Image credit: Fugro
Business Developments & Projects

Fugro awarded metocean monitoring contract to safeguard Italy’s marine and coastal ecosystems

Dutch geo-data specialist Fugro has secured a contract from Italy’s Institute for Environmental Protection and Research (ISPRA) to install and operate an offshore wave and current monitoring network (ROCA) to safeguard the country’s coastal and marine ecosystems. According to Fugro, the two-year pro

about 1 year ago
Shell has hired SLB for multi-region deepwater work across several assets; Source: SLB
Business Developments & Projects

Shell taps SLB for ‘major’ multi-region deepwater drilling gigs

SLB has landed a batch of new deals with Shell to handle drilling assignments, spanning several regions, including the UK sector of the North Sea, Trinidad and Tobago, and the Gulf of Mexico alongside others.

about 1 year ago
Shah Deniz Alpha platform; Source: BP
Business Developments & Projects

BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

about 1 year ago
Prigorodnoye production complex at Sakhalin II project; Source: Gazprom
Business Developments & Projects

America and UK put two Russian oil majors on blacklist, as US sanctions spree spreads to 183 ‘shadow fleet’ vessels

The latest raft of sanctions, which comes from the United States (U.S.) and the United Kingdom (UK), targets Russia’s energy sector by focusing on two giant Russian oil producers alongside means of enabling crude oil production and exports.

21 minutes read
GRSE delivers next-gen electric ferry in West Bengal
Business Developments & Projects

GRSE delivers next-gen electric ferry in West Bengal

India’s Garden Reach Shipbuilders & Engineers (GRSE) has handed over a newbuild battery-powered electric ferry to the government of West Bengal.

about 1 year ago
An office building with a rainbow over it
Business Developments & Projects

Duo stepping in to steady the ship at Galp until new CEO is picked

Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.

about 1 year ago
International contractor hires Solstad vessel until end of 2027
Business Developments & Projects

International contractor hires Solstad vessel until end of 2027

Norwegian shipping company Solstad Offshore has secured a three-year contract award with an international contractor for the construction support vessel (CSV) Normand Frontier. The firm contract starts immediately and will see the 2014-built vessel fully committed until the end of 2027. Normand Fron

about 1 year ago
Wilson’s new diesel-electric bulk carriers to run on NES power systems
Business Developments & Projects

Wilson’s new diesel-electric bulk carriers to run on NES power systems

Norwegian Electric Systems (NES) has secured a contract to deliver power systems for eight new diesel-electric bulk carriers being built for Wilson ASA at Udupi Cochin Shipyard in India.

about 1 year ago
Eco Wave Power’s wave energy tech endures stormy conditions at Jaffa Port
Business Developments & Projects

Wave energy system endures stormy conditions at Jaffa Port

Wave energy developer Eco Wave Power’s EWP-EDF One wave energy project at Jaffa Port in Israel operated without interruption during storm-classified conditions in the last week of December 2024, delivering constant energy despite challenging weather. With wave heights averaging 1,6 meters and peak p

about 1 year ago
All green lights in for second Malta-Italy interconnector
Business Developments & Projects

Second Malta-Italy interconnector gets final approval, commissioning set for 2026

The second interconnector between Malta and Italy has officially been approved in both countries following the final permit from the Italian Ministry for the Environment and Energy Security (MASE). The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electri

about 1 year ago
Höegh Autoliners: One-third of multi-fuel Aurora-class fleet is now complete
Business Developments & Projects

Höegh Autoliners: One-third of multi-fuel Aurora-class fleet is now complete

Norwegian shipping company Höegh Autoliners has completed one-third of its multi-fuel Aurora-class pure car and truck carrier (PCTC) fleet with the addition of the fourth unit, Höegh Sunlight.

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Business Developments & Projects

US player secures Ruwais LNG storage tank job

TJN Ruwais JV, a joint venture between Technip Energies, JGC Corporation, and NMDC Energy–formerly National Petroleum Construction Company (NPCC)–has awarded Texas-based designer and builder of storage facilities CB&I with a contract for the engineering, procurement, and construction (EPC) of tanks

about 1 year ago
Navarino
Business Developments & Projects

Navarino becomes new owner of Castor Marine

UK-based maritime technology and connectivity company Navarino Group has acquired 100% of the shares of Castor Marine, a Dutch shipping and yachting internet connectivity and IT solutions provider.

about 1 year ago
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