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Business Developments & Projects

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McDermott's heavy-lift pipelay vessel earns ABS eco-certificate
Business Developments & Projects

McDermott’s heavy-lift pipelay vessel first in class to earn ABS eco-certificate

U.S. offshore engineering and construction firm McDermott has secured classification from the American Bureau of Shipping (ABS) for its pipelay vessel that recognizes its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation

about 1 year ago
Valaris 123, former Ensco 123, jack-up rig; Source: Valaris
Business Developments & Projects

Shell’s North Sea gas discovery now expected to be at lower end of pre-drill forecast

A further insight into the preliminary findings related to a recent gas discovery, made by the UK-headquartered energy giant Shell in the North Sea, indicates recoverable resources level may be at the lower end of pre-drill estimates.

about 1 year ago
Hydrogen Canada Corp. and South Korea’s largest power company ink clean ammonia deal
Business Developments & Projects

Hydrogen Canada Corp. and South Korea’s largest power company ink clean ammonia deal

Hydrogen Canada Corp. (HCC) and Korea Southern Power (KOSPO) have signed a memorandum of understanding (MoU) to work on developing a clean ammonia production and export business in Canada. Specifically, the companies will cooperate on the development of HCC’s clean hydrogen/ammonia project which aim

about 1 year ago
ORPC cross-flow turbine being readied for installation at the Queen’s Marine Laboratory (QML) Tidal Test Site in Strangford Lough, Northern Ireland by Cuan Marine Services (Image courtesy of ORPC)
Business Developments & Projects

ORPC Ireland kicks off real-sea testing of tidal turbine in Northern Ireland

ORPC Ireland has deployed and started real-sea testing of a next-generation marine hydrokinetic turbine at Northern Ireland’s Strangford Lough tidal test site. This marks ORPC Ireland’s first European deployment after 17 previous setups in North America. The testing is part of the X-Flow project, le

about 1 year ago
MAN ES’ methanol engines to power series of very large container vessels
Business Developments & Projects

MAN ES’ methanol engines to power series of very large container vessels

Germany-based engine manufacturer MAN Energy Solutions (MAN ES) has received multiple orders for MAN B&W G95ME-LGIM Mk 10.5 methanol engines to power a series of very large container vessels (VLCVs).

about 1 year ago
Shearwater not yet done with work in 2024 as 'landmark' OBN survey comes its way
Business Developments & Projects

Shearwater not yet done with work in 2024 as ‘landmark’ OBN survey comes its way

Norwegian marine geoscience and technology company Shearwater GeoServices has added more work in Africa to its to-do list, following the award of a deepwater ocean bottom node (OBN) project. Set to start in the fourth quarter of 2024, the deepwater OBN survey, marked as “landmark”, will have a one-m

about 1 year ago
Shipbroker SSY enters LPG and ammonia markets
Business Developments & Projects

Shipbroker SSY enters LPG and ammonia markets

Independent shipbroker SSY is to enter the liquefied petroleum gas (LPG) and ammonia markets, with Thorstein Bergersen joining the company as Head of LPG, effective from November 1, 2024.

about 1 year ago
RWE gets go-ahead for 100 MW electrolyzer for offshore wind-to-hydrogen project
Business Developments & Projects

RWE gets go-ahead for 100 MW electrolyzer for offshore wind-to-hydrogen project

German energy company RWE has secured construction and environmental permits to build a 100 MW electrolyzer in Eemshaven, the Netherlands. The electrolyzer is part of system integration solutions associated with OranjeWind, an offshore wind project RWE is jointly developing with TotalEnergies in the

about 1 year ago
Aerial view of workers carrying out operations on an offshore platform
Business Developments & Projects

Trillion makes progress with ‘highly anticipated’ gas flow optimization ops at field off Türkiye

Canada’s oil and gas player Trillion Energy has started velocity string operations on its production platform at a gas field offshore Türkiye.

about 1 year ago
TECO 2030 reveals plans for high-volume fuel cell production facility in US
Business Developments & Projects

TECO 2030 reveals plans for high-volume fuel cell production facility in US

TECO 2030 is launching a potential capitalization process for its U.S. subsidiary. If successful, the capital infusion would be directed toward establishing a high-capacity fuel cell production facility in the U.S.

about 1 year ago
Researchers test turbines offshore. Source: FAU
Business Developments & Projects

Florida Atlantic University to test feasibility of grid-connected ocean energy facility

Florida Atlantic University’s (FAU) Southeast National Marine Renewable Energy Center (SNMREC) is set to evaluate the feasibility of a grid-connected offshore test facility in the Florida Current to determine how ocean energy technologies can be safely and economically integrated into the energy gri

about 1 year ago
Scarborough floating production unit (FPU) currently under construction; Courtesy of McDermott
Business Developments & Projects

Japanese firm doles out $1.4 billion to come aboard Woodside’s mega gas project

As the sale of a partial interest in the Scarborough joint venture (JV) has been wrapped up, Australia’s energy giant Woodside has bid welcome to its new partner, JERA.

about 1 year ago
First Ammonia and Topsoe launch SOEC modules production for green ammonia plant in Texas
Business Developments & Projects

First Ammonia and Topsoe launch SOEC modules production for green ammonia plant in Texas

New York-headquartered ammonia plants developer First Ammonia has signed sales and service agreements with Danish technology company Topsoe for the production of the first solid oxide electrolyzers for the green ammonia project in the port of Victoria, Texas. The agreement, described as a milestone

about 1 year ago
Scana's PSW Technology to stay with international rig company for two more years
Business Developments & Projects

Scana’s PSW Technology to stay with international rig company for two more years

Scana-owned PSW Technology, a Norwegian provider of services and solutions to the drilling industry, has renewed a frame agreement with what it says is an international rig company. The framework agreement includes subsea services and will commence in the first quarter of 2025, extending for a perio

about 1 year ago
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