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Business Developments & Projects

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blue tidal turbine named D10
Business Developments & Projects

Inyanga Marine Energy takes charge of France’s first grid-connected tidal turbine

Inyanga Marine Energy Group has taken control of the D10 tidal turbine, the first grid-connected tidal turbine in France, securing permission to operate the facility in the Fromveur Passage, off the coast of Brittany, until August 2028. The turbine, which delivers clean energy to the island of Usha

about 1 year ago
electric pilot boat
Business Developments & Projects

New fully-electric pilot boat marks Sweden’s step toward greener operations

UK-based maritime design and applied technologies company Artemis Technologies has won the tender to supply the Swedish Maritime Administration (SMA) with a fully electric pilot boat, marking a crucial milestone in Sweden’s ambition to transition toward fossil-free maritime operations. As disclosed,

about 1 year ago
Pressing on with fleet expansion, U-Ming books four new LNG-ready bulkers in China
Business Developments & Projects

Pressing on with fleet expansion, U-Ming books four new LNG-ready bulkers in China

On its fleet expansion quest, Taiwanese shipping company U-Ming Marine Transport has placed a new order for the construction of LNG-ready ultramax bulk carriers at New Dayang shipyard in China. Under the contract, the Chinese shipyard will build four 64,000 dwt bulk carriers with LNG-ready notations

about 1 year ago
Woodside delisting from London Stock Exchange
Business Developments & Projects

Woodside delisting from London Stock Exchange

After having reviewed its current listing structure, Australian energy giant Woodside Energy has decided to delist from the London Stock Exchange (LSE), a move set to reduce the company’s administration costs. Woodside, noting that its trading volumes on the LSE are low, has applied to the UK Financ

about 1 year ago
An illustration showing a lion breathing fire on planet Earth
Business Developments & Projects

Environmental organizations remain ‘unwavering’ as they get SLAPPed with lawsuit by Eni

Italian oil and gas giant Eni has filed an official strategic lawsuit against public participation (SLAPP) against two non-governmental organizations (NGOs), Greenpeace Italy and ReCommon.

about 1 year ago
HD KSOE
Business Developments & Projects

HD KSOE to build two ammonia carriers for mystery Oceanian company

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received an order for the construction of two very large ammonia carriers (VLAC).

about 1 year ago
Cepsa and Sonatrach join forces on green hydrogen supply from Algeria to Europe
Business Developments & Projects

Cepsa and Sonatrach join forces on green hydrogen supply from Algeria to Europe

Cepsa and Sonatrach have signed an MoU to jointly carry out a feasibility study for the development of an integrated project for green hydrogen production and derivatives in Algeria, mainly aimed at supplying the European market.

about 1 year ago
Illustration; Courtesy of Inpex
Business Developments & Projects

Japanese ink another consignment contract for CCS value chain project

Japan Organization for Metals and Energy Security (JOGMEC) has signed a consignment contract with four local companies for engineering design work related to a carbon capture and storage (CCS) project. The agreement was signed with ENEOS Corporation, JX Nippon Oil & Gas Exploration Corporation, Ele

about 1 year ago
Courtesy of ADNOC
Business Developments & Projects

ADNOC finalizes purchase of OCI’s stake in seaborne exporter of ammonia Fertiglobe

ADNOC has completed the acquisition of OCI Global’s 50% + 1 shareholding in the seaborne exporter of ammonia Fertiglobe.

about 1 year ago
A rig near the coast
Business Developments & Projects

Northern Ocean using well-control solution to enhance 6th-gen semi-sub duo

Oslo Stock Exchange-listed offshore drilling contractor Northern Ocean has signed a letter of intent (LOI) with Texas-based provider of wellhead and pressure control equipment, Kinetic Pressure Control, to install the latter’s technology on its two rigs.

about 1 year ago
PIL’s 14K TEU LNG dual-fuel boxship duo named in China
Business Developments & Projects

PIL’s 14K TEU LNG dual-fuel boxship duo named in China

Singapore-based shipping company Pacific International Lines (PIL) has named its first two 14,000 TEU LNG dual-fuel container vessels built at Jiangnan Shipyard in China as part of the liner’s fleet renewal program. The two vessels, which were named Kota Eagle and Kota Emerald at a ceremony on Octob

about 1 year ago
Emirati vessel provider wins contract in European offshore wind sector
Business Developments & Projects

GMS wins vessel contract in European offshore wind sector

Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10

about 1 year ago
Thor Correll Jan De Nul
Business Developments & Projects

Jan De Nul hires Correll for 1 GW Thor offshore wind farm in Denmark

Correll, part of SPIE Group, has been awarded a contract by Jan De Nul to complete the 66 kV inter-array cable (IAC) termination and testing on wind turbines for RWE’s 1 GW Thor offshore wind project in Denmark. The works are planned to commence in July 2025 with the mock-up scheduled for November 2

about 1 year ago
Höegh Autoliners’ first Aurora-class PCTC visits Port of Amsterdam
Business Developments & Projects

Höegh Autoliners’ first Aurora-class PCTC visits Port of Amsterdam

Höegh Autoliners’ first of twelve multi-fuel Aurora-class pure car and truck carriers (PCTCs) has arrived in the port of Amsterdam.

about 1 year ago
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