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Business Developments & Projects

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COSCO Shipping’s newest LNG dual-fuel PCTC embarks on maiden voyage
Business Developments & Projects

COSCO Shipping’s newest LNG dual-fuel PCTC embarks on maiden voyage

MV Gan Jiang Kou, the newest LNG dual-fuel pure car and truck carrier (PCTC) operated by COSCO Shipping Specialized Carriers, a unit of China’s COSCO Shipping Group, has officially set sail on its maiden voyage. Following the recent naming ceremony, the 200-meter-long Gan Jiang Kou embarked on its f

about 1 year ago
The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched, aiming to accelerate system integration and storage solutions for offsho
Business Developments & Projects
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Offshore renewable energy SMEs to benefit as new DMEC-led project launches, targeting sector support

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched, aiming to accelerate system integration and storage solutions for offshore renewable energy (ORE). Targeting small and medium-sized enterprises (SMEs), the program will off

about 1 year ago
Hail and Ghasha mega gas development concept; Source: ADNOC
Business Developments & Projects

WATCH: First steel cut for mega gas project set on zero-emission ops by entwining smart tech, carbon capture, hydrogen, nuclear, and renewable power

The UAE’s ADNOC has held a ceremony to mark the cutting of the first steel for structures that will be placed at a massive sour gas development off the coast of the United Arab Emirates (UAE), which is envisioned to have fully unmanned offshore facilities and operate with zero emissions.

about 1 year ago
€24 million investment comes in, €80 million on the table for UK’s first HVDC cable factory
Business Developments & Projects

€24M investment comes in, €80M on the table for UK’s first HVDC cable factory

UK-based XLCC, founded in 2020, has secured £20 million (almost €24 million) from the UK Infrastructure Bank (UKIB) that will be invested in the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland, with an option for a further £67 million (approximately €80.3 millio

about 1 year ago
Misje Rederi adds sixth eco-friendly hybrid bulker to the fleet
Business Developments & Projects

Misje Rederi adds sixth eco-friendly hybrid bulker to the fleet

Norwegian shipping company Misje Rederi has taken delivery of the newbuild eco-friendly hybrid bulk vessel from Sri Lanka’s Colombo Dockyard. The 5,000 dwt Misje Lotus is the company’s sixth EcoBulk hybrid vessel. Measuring 89.95 meters in length, Misje Lotus will transport various types of cargo, i

about 1 year ago
Upper part of an offshore platform up close
Business Developments & Projects

TotalEnergies seals long-term LNG supply deal with South Korean player

France’s energy giant TotalEnergies has signed a multi-year heads of agreement (HoA) with HD Hyundai Chemical, the chemical division of the South Korean shipbuilding conglomerate HD Hyundai, to deliver liquefied natural gas (LNG) for servicing one of the East Asian firm’s industrial sites.

about 1 year ago
Design of the P18-A platform, unmanned and equipped with solar panels and wind turbines; Credit: KCI Engineers
Business Developments & Projects

Gas platform inches step closer to its new lease on life as ‘one of a kind’ solar-wind powered facility for carbon storage in North Sea

Progress has been made in the finalization of the design required to repurpose a former offshore gas platform into an unmanned installation equipped to run on solar and wind for permanent offshore carbon dioxide (CO2) storage in one of the depleted natural gas fields in the North Sea.

about 1 year ago
Norway’s TECO 2030 sets sights on becoming global technology provider
Business Developments & Projects

Norway’s TECO 2030 sets sights on becoming global technology provider

Norway-based cleantech company TECO 2030 has decided to make a strategic shift from manufacturing fuel cells in Norway to positioning the company as a global technology provider by offering licensing agreements to international partners. TECO explained that this decision reflects its commitment to g

about 1 year ago
George Dadd, HydroWing Lead Turbine Engineer, at hydrodynamic testing lab
Business Developments & Projects

UK tidal energy technology developer wraps up hydrodynamic blade testing

UK-based tidal energy developer Inyanga Marine Energy Group has completed hydrodynamic testing of the passive pitch unit for the patented and scalable HydroWing solution, designed for cost-effective tidal stream energy generation. HydroWing secured the largest tidal energy project in the UK as part

about 1 year ago
Milestone in for hybrid cable lay & construction vessel set for Japan's offshore wind
Business Developments & Projects

Keel laid for Japan-bound hybrid cable lay & construction vessel

Norwegian ship designer and shipbuilder VARD has held the keel laying ceremony for what is said to be a highly customized hybrid power cable lay and construction vessel that will serve the Japanese offshore wind market. VARD is building the vessel for Toyo Construction, a Japanese general constructi

about 1 year ago
JERA
Business Developments & Projects

JERA and POSCO looking into low-carbon fuel value chains

JERA has concluded a joint collaboration agreement with POSCO International to realize low-carbon fuel value chains.

about 1 year ago
Global Maritime’s Geosciences department, GM Geo, has launched a geological, geohazard, and geotechnical desktop study, covering up to 6 GW of offshore wind leasing areas in the Gulf of Bothnia off th
Business Developments & Projects

Derisking offshore wind potential as seabed intelligence sheds more light on Finland’s ‘key prospective’ leasing areas to unleash 6 GW of power

Given the fast-increasing popularity of offshore wind developments within the growing decarbonization push toward renewable and clean power in the energy transition era to a net zero future, Global Maritime’s Geosciences department, GM Geo, has launched a geological, geohazard, and geotechnical desk

about 1 year ago
Maersk Installer subsea support vessel (illustration); Source: Maersk Supply Service
Business Developments & Projects

Maersk Supply Service hand-picks UK firm for ‘complex’ ultra-deepwater job at Brazil’s huge oil field

Maritime Developments Limited (MDL) has been tasked with providing horizontal subsea umbilicals, risers, and flowlines (SURF) lay spread onto an I-class subsea support vessel to assist Denmark-headquartered Maersk Supply Service (MSS) with a solution development scope at a giant oil field in the pre

about 1 year ago
A rendering of three LNG plants on a coast
Business Developments & Projects

French-Japanese duo wins FEED job for LNG project offshore Mozambique

Two engineering companies, Japan’s JGC Holdings Corporation and France’s Technip Energies, have emerged as winners of the front-end engineering design (FEED) tender launched by ExxonMobil on behalf of its partners from the Mozambique Rovuma Venture (MRV), Eni and China National Petroleum Corporation

about 1 year ago