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Business Developments & Projects

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Green shipping corridors
Business Developments & Projects

Green shipping corridors surge by 40% worldwide, report reveals

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a

about 1 year ago
Courtesy of Corinth Pipeworks
Business Developments & Projects

Cenergy Holdings’ subsidiary upgrades capacity to address growing demand of steel pipes

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Corinth Pipeworks, part of Belgian company Cenergy Holdings, has completed an upgrade to its production facilities to better serve the growing demand for steel pipes in offshore natural gas, carbon capture and storage (CCS), and hydrogen projects. According to Cenergy Holdings, the upgrade included

about 1 year ago
West Auriga drillship; Source: Seadrill
Business Developments & Projects

Seadrill’s drillship pair heading into the home stretch to start drilling job offshore Brazil

Seadrill has welcomed back to its rig fleet two drillships, which are getting the finishing touches out of the way to begin their new multimillion-dollar drilling assignments off the coast of Brazil, which are slated to last until the end of 2027.

about 1 year ago
Gasgrid picks owner’s engineering partner for hydrogen projects in Baltic Sea
Business Developments & Projects

Gasgrid picks owner’s engineering partner for hydrogen projects in Baltic Sea

State-owned transmission system operator (TSO) Gasgrid Finland is advancing plans for hydrogen transmission infrastructure in the Baltic Sea with a framework contract for owner’s engineering services awarded to Switerzland-based StreamTec Solutions. As disclosed, the framework contract is awarded fo

about 1 year ago
Hystar launches 1.5 MW hydrogen technology project in Norway
Business Developments & Projects

Hystar launches 1.5 MW hydrogen technology project in Norway

Norwegian company Hystar has officially inaugurated its hydrogen technology HyPilot project at the Kårstø gas processing plant in Rogaland.

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

TotalEnergies ups methane detection ante and signs up another firm to its drone-based tech

TotalEnergies has set its cap on deploying real-time methane emissions detection equipment on all operated upstream assets as part of its efforts to curtail the methane footprint from its operations.

about 1 year ago
Tender opens for Greece's second HVDC cable system
Business Developments & Projects

Tender opens for Greece’s second HVDC cable system

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f

about 1 year ago
Engineers standing in line in front of a large sign
Business Developments & Projects

Strike steel ceremony held for ‘largest FPSO in Petrobras’ history’

A steel-cutting ceremony has been held for one of the two floating storage, production, and offloading (FPSO) units Singapore-headquartered Seatrium is building for Brazil’s state-owned giant Petrobras.

about 1 year ago
liquefied hydrogen carrier
Business Developments & Projects

MOL, KEPCO to jointly study liquefied hydrogen carrier

Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot electricity firm Kansai Electric Power Company (KEPCO) have signed a memorandum of understanding (MoU) to collaborate on the joint study of a liquefied hydrogen carrier.

about 1 year ago
An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023
Business Developments & Projects

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago
AYK
Business Developments & Projects

AYK Energy installs ‘world’s largest’ battery on Brittany Ferries’ newbuild

Andorra-based marine battery manufacturer AYK Energy has installed “the biggest marine battery in the world” on Brittany Ferries’ new hybrid LNG-electric ferry, Saint-Malo.

about 1 year ago
With accreditation in place, Seaspan eyes start up of Vancouver-based LNG bunker hub
Business Developments & Projects

With accreditation in place, Seaspan eyes start up of Vancouver-based LNG bunker hub

Canadian shipowner Seaspan has received the first LNG bunkering accreditation issued by the Vancouver Fraser Port Authority (VFPA), becoming authorized to conduct ship-to-ship bunkering for LNG-fueled vessels calling at the Port of Vancouver. Harly Penner, Senior Vice President of Seaspan Energy, de

about 1 year ago
European Commission
Business Developments & Projects

Funding for EU’s second hydrogen auction increases to around €2 billion

Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.

about 1 year ago
Cantarell III rig; Source: Keppel
Business Developments & Projects

Keppel taking back control over 13 rigs in hot pursuit of monetization during offshore drilling upcycle

In light of the improving conditions in the offshore rig market, Singapore-headquartered asset manager and operator Keppel has set the wheels in motion to seize control and return to its fold 13 legacy rigs currently held by Rigco Holding (Asset Co).

about 1 year ago