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Business Developments & Projects

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INEOS
Business Developments & Projects

INEOS, Royal Wagenborg sign landmark CO2 carrier agreement to step up CCS game in the EU

Dutch shipowner and operator Royal Wagenborg and INEOS Energy, a London-based E&P business, have signed an agreement on the delivery of a new CO2 carrier.

about 1 year ago
OTEC Power Modules mounted on a barge for uncrewed operations. Source: Global OTEC
Business Developments & Projects

Global OTEC unveils ocean thermal energy solution for offshore platforms and wells

Global OTEC has launched its latest solution that uses ocean thermal energy conversion (OTEC) for the provision of sustainable power to offshore operations, including platforms and wells. According to Global OTEC, developed under the EU-funded PLOTEC project, its new OTEC Power Module is engineered

about 1 year ago
APM Terminals awards electrification contract for Maasvlakte II expansion
Business Developments & Projects

APM Terminals awards electrification contract for Maasvlakte II expansion

APM Terminals has chosen a consortium comprising ABB, Dura Vermeer and GMB to provide civil works and electrification for the expansion of the Maasvlakte II (MVII) container terminal in Rotterdam, the Netherlands.

about 1 year ago
Load-out of FCS for Jansz-Io compression project; Source: Hanwha Ocean
Business Developments & Projects

WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project

Hanwha Ocean is closing in on the sail-away of a field control station (FCS), destined for a subsea gas compression development off the coast of Western Australia.

about 1 year ago
Illustration. Source: DOF
Business Developments & Projects

DOF secures additional 150 days in APAC region

Norwegian vessel owner DOF Group is set to spend 150 days in the Asia–Pacific (APAC) region in 2025 as part of an inspection, maintenance, and repair (IMR) and associated subsea services contract award. The scope includes project management, engineering, logistics support and all related subsea acti

about 1 year ago
Floatel Endurance; Source: Aker BP
Business Developments & Projects

Floatel wraps up 8-month gig at Aker BP’s Norwegian Sea field

One of the semi-submersible accommodation and construction support vessels from Floatel’s fleet has completed its mission at a field off the coast of Norway, which is operated by Norwegian E&P player Aker BP. Floatel Endurance’s deployment at the Skarv field in the Norwegian Sea has come to an end a

about 1 year ago
Two people inside an aluminum tank
Business Developments & Projects

GTT inks FSRU deal and sheds more light on new ballast distribution solution

French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by a South Korean shipyard to design tanks for a new floating storage and regasification unit (FSRU). The firm also shared additional details about the new design for liquefied natural gas (LNG) carrier tanks w

about 1 year ago
Pictured (from left to right): Gary Scott (Commercial Manager & Legal Counsel, DeepOcean UK), Ian Mills (Managing Director, Exceed), Robin Mawhinney (Managing Director, DeepOcean UK), Bart Van De Laar
Business Developments & Projects

DeepOcean and EXCEED shake hands for vessel-based plug and abandonment

Norway-based ocean services provider DeepOcean and Scotland-based well management company EXCEED have entered a partnership to deliver vessel-based well plug and abandonment (P&A) services to the global decommissioning market. According to DeepOcean, the collaboration leverages the company’s subsea

about 1 year ago
MPA Singapore
Business Developments & Projects

MPA Singapore, SIPAC join forces on digital and green maritime innovation

The Maritime and Port Authority of Singapore (MPA) and China’s Suzhou Industrial Park Administrative Committee (SIPAC) have signed a Memorandum of Understanding (MoU) to collaborate on digital and green maritime innovation.

about 1 year ago
Al Shaheen field in Qatar; Source: North Oil Company (NOC)
Business Developments & Projects

UK firm gets job on next phase of Qatar’s largest oil field

CRC Evans has been hired to handle welding services on a project designed to expand production at an oil field, which is said to be the largest one off the coast of Qatar.

about 1 year ago
Swiss chocolate maker partners with DHL to reduce ocean freight emissions
Business Developments & Projects

Swiss chocolate maker partners with DHL to reduce ocean freight emissions

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Swiss chocolate maker Lindt & Sprüngli have joined forces to utilize sustainable marine fuels and cut greenhouse gas (GHG) emissions in ocean freight, expecting a total reduction of around 4,800 tons by the e

about 1 year ago
Great Britain approves five undersea energy links, two being its first offshore hybrid assets
Business Developments & Projects

Great Britain approves five undersea energy links, two being its first offshore hybrid assets

Great Britain’s energy market regulator Ofgem has approved five new undersea energy links, with two creating Great Britain’s first-ever offshore hybrid assets (OHAs), all expected to be operational by the end of 2032. The approved OHA projects include the up to 1.8 GW LionLink, which will connect Du

about 1 year ago
SWITCH Maritime plans to build first liquid hydrogen-fueled ferry in the US
Business Developments & Projects

SWITCH Maritime plans to build first liquid hydrogen-fueled ferry in the US

The U.S. shipowner SWITCH Maritime, in collaboration with LH2 Shipping and LMG Marin, has revealed plans to commence the U.S. construction of the existing liquid hydrogen-fueled RoPax vehicle ferry MF Hydra operating in Norway. Following the launch of Sea Change, the first hydrogen-powered ferry in

about 1 year ago
Ursa platform in the U.S. Gulf of Mexico; Source: Shell
Business Developments & Projects

Shell and Chevron getting back to drilling and oil & gas work in Gulf of Mexico as hurricane threat passes

Shell and Chevron are returning personnel to their offshore assets in the Gulf of Mexico and all rigs to drill sites in a bid to resume operations since the anticipated disturbance, which was expected to turn into a hurricane, is no longer considered to present a safety risk.

about 1 year ago
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