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Business Developments & Projects

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Frontal view of a vessel at sea
Business Developments & Projects

Eni seeks approval for decom ops offshore Australia

Eni Energy Bonaparte, an affiliate of Italy’s energy titan Eni, has submitted a revised environment plan for decommissioning operations at a field in the Bonaparte Basin in northern Western Australia to the Australian Commonwealth regulator, National Offshore Petroleum Safety and Environmental Manag

about 1 year ago
Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project
Business Developments & Projects

Ohmium to provide PEM electrolyzers for industrial-scale floating hydrogen and ammonia project

Ohmium International has signed a term sheet with SwitcH2 BV for the supply of PEM electrolyzer solutions for the offshore floating green hydrogen and ammonia synthesis project OFFSET.

about 1 year ago
First step taken toward development of cable factory in Maryland
Business Developments & Projects

Hellenic Cables lands inter-array deal for US offshore wind project

Greece’s Hellenic Cables, the cable segment of Cenergy Holdings, has signed a partnership agreement with Leading Light Wind, one of the largest offshore wind farms in the U.S., to supply some of the project’s inter-array cables. Under the agreement, Hellenic Cables will supply 65 kilometers of 132 k

about 1 year ago
Al Shaheen field offshore Qatar; Source: Hengtong
Business Developments & Projects

Expansion of Qatar’s huge 30-year-old oil field brings subsea cable order to Hengtong

Hengtong will manufacture and construct the submarine fiber optic cable system, including branch units for a project, which is said to be the most important and strategic one for the future of Qatar’s largest offshore oil field.

about 1 year ago
Carbon storage (illustration); Source: TGS
Business Developments & Projects

Pullout from gas search deals ‘major blow’ but TGS’ CO2 storage assessment hailed as ‘game-changer’

The alleged withdrawal of TGS from natural gas exploration in Victoria’s Otway Basin off the coast of Australia has been perceived as a blow to the state’s energy security as the gas supply dwindles. On the other hand, the launch of the U.S. Gulf Coast CO2 storage assessment package is described as

about 1 year ago
$16 million subsea order lands on Kraken Robotics' table
Business Developments & Projects

Kraken Robotics bags $13M in subsea battery orders

Canada-headquartered marine technology player Kraken Robotics has secured $13 million in orders for its SeaPower subsea batteries from existing clients. Rated for depths of up to 6,000 meters, these batteries deliver twice the energy density and are 46% lighter per kWh compared to traditional press

about 1 year ago
Deepwater Conqueror drillship; Source: Transocean
Business Developments & Projects

Transocean drillship gets another drilling job in Gulf of Mexico

Transocean has secured a new long-term ultra-deepwater drillship assignment with an undisclosed operator in the U.S. Gulf of Mexico.

about 1 year ago
HD Hyundai
Business Developments & Projects

Maritime giants unite to build standardized LCA framework for emissions calculation

HD Hyundai Marine Solution, a marine solutions provider operating under South Korea’s titan HD Hyundai, has shaken hands with compatriot HD Hyundai Samho shipyard and the French shipping behemoth CMA CGM to develop a standardized life cycle assessment (LCA) model for measuring carbon emissions in sh

about 1 year ago
FPSO BW Opal; Source: BW Offshore
Business Developments & Projects

Start-up of giant gas development remains on track as flagship carbon capture and storage project propels forward Australia’s journey to net zero

Australian energy player Santos has hit the 82% completion mark at its project in Commonwealth waters, bringing it closer to the first gas from its huge field off the coast of Australia. The firm also confirmed the commissioning of a carbon capture and storage (CCS) project in the Cooper Basin, whic

about 1 year ago
Port of Newcastle’s Clean Energy Precinct project gains ground
Business Developments & Projects

Port of Newcastle’s Clean Energy Precinct project gains ground

Port of Newcastle’s Clean Energy Precinct (CEP) project has reached a development milestone, with the signing of agreements for front-end engineering designs (FEED) and environmental impact statements (EIS).

about 1 year ago
The UK’s National Oceanography Center (NOC) has secured £41.4 million (around $53.7) from the Natural Environment Research Council (NERC), as part of a total of £101 million investment.
Business Developments & Projects

National Oceanography Centre wins nearly $54M funding for marine and climate research

The UK’s National Oceanography Centre (NOC) has secured £41.4 million (around $53.7) from the Natural Environment Research Council (NERC), as part of a total of £101 million investment. According to the UK Research and Innovation (UKRI), funding has been awarded to the center to deliver the Atlantic

about 1 year ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

UK backs green shipping corridor projects with fresh funding

The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and advance environmentally friendly travel within Europe.

about 1 year ago
FPSO Almirante Barroso operating on the Búzios field in the pre-salt layer of the Santos Basin; Source: Petrobras News Agency
Business Developments & Projects

ABS brings Swiss player on board FPSO project being undertaken for Petrobras

The American Bureau of Shipping (ABS), a classification society, has hand-picked Switzerland-headquartered structural performance management software solutions provider Akselos to provide software to monitor one of the four floating production, storage, and offloading (FPSO) units in the Cessão Oner

about 1 year ago
The backs of a man and a woman holding onto a railing on a platform
Business Developments & Projects

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 1 year ago
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