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Rovco and Vaarst's new brand makes €17.8M investment in its fleet
Business Developments & Projects

Rovco and Vaarst’s new brand makes €17.8M investment in its fleet

Beam, a new brand formed by the merger of UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst, has added two autonomous surface vessels (ASVs) and an electric work-class remotely operated vehicle (ROV) to its fleet. Under the brand-new name, the companies aim to bring technol

about 1 year ago
FSRU Alexandroupolis; Source: Gastrade
Business Developments & Projects

Countdown to commercial ops at European LNG terminal underway

Greece’s first offshore liquefied natural gas (LNG) terminal, which is expected to secure low-emission energy while enhancing Southeastern Europe’s diversification of gas sources, is fast approaching its commercial operations date, with less than two weeks left until start-up.

about 1 year ago
NYK
Business Developments & Projects

NYK and Oono Development to collaborate on sustainable ship recycling

In a big step toward advancing decarbonization efforts, Japanese shipping titan NYK and compatriot civil engineering company Oono Development have joined forces through a Memorandum of Understanding (MoU) to commercialize ‘environmentally friendly’ and responsible ship recycling in Japan. As disclos

about 1 year ago
UK-headquartered CRP Subsea has secured a contract from Norway-based ocean services provider DeepOcean to supply cable protection systems for RWE’s Nordseecluster A offshore wind project in the German
Business Developments & Projects

DeepOcean taps CRP Subsea for offshore wind cable protection systems

UK-headquartered CRP Subsea has secured a contract from Norway-based ocean services provider DeepOcean to supply cable protection systems for RWE’s Nordseecluster A offshore wind project in the German part of the North Sea. Under this contract, CRP Subsea will supply 96 NjordGuard cable protection s

about 1 year ago
A view of a rocky coastline in the foreground and an offshore platform in the background
Business Developments & Projects

Australian firm formally secures UK offshore license trio

Three new licenses awarded to ASX-listed Hartshead Resources as part of the UK’s oil and gas licensing round organized by the country’s regulator, the North Sea Transition Authority (NSTA), have been fully executed.

about 1 year ago
New alliance to work on offshore ammonia cracking solution
Business Developments & Projects

New alliance to work on offshore ammonia cracking solution

Amogy, HD KSOE, POSCO, Seoul National University (SNU) and ABS have partnered up to jointly explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel.

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

about 1 year ago
ABS and HD KSOE to work on innovative systems for zero-carbon ships
Business Developments & Projects

ABS and HD KSOE to work on innovative systems for zero-carbon ships

Classification society ABS and South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding (MOU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships.

about 1 year ago
Seadrill targets enhanced managed pressure drilling ops with new collaboration
Business Developments & Projects

Seadrill targets enhanced managed pressure drilling ops with new collaboration

Bermuda-headquartered offshore drilling contractor Seadrill has established a strategic collaboration with Texas-headquartered Oil States International with the aim of “transforming” offshore drilling efficiency and safety by bringing managed pressure drilling (MPD) into mainstream operations. The n

about 1 year ago
Illustration; Source: Vallourec
Business Developments & Projects

Vallourec expands pipe coating services with acquisition of Brazillian firm

France’s tubular solutions provider Vallourec has entered into a definitive agreement with Mattr to acquire 100% of the shares in its subsidiary, Thermotite do Brasil, a provider of thermal insulation pipe coating services for the offshore oil and gas industry. Vallourec is acquiring Thermotite do B

about 1 year ago
Equinor finds oil & gas in North Sea using Odfjell's sixth-generation rig
Business Developments & Projects

Equinor finds oil & gas in North Sea using Odfjell’s sixth-generation rig

Norwegian state-owned energy giant Equinor and its partners have made an oil and gas discovery in the North Sea, with drilling carried out using Odfjell Drilling’s sixth-generation Deepsea Stavanger rig. The discovery was made in wildcat wells 15/3-13 S and 15/3-13 A on the Gudrun field in the North

about 1 year ago
Sembcorp eyes new renewables and green hydrogen collaboration
Business Developments & Projects

Sembcorp eyes new renewables and green hydrogen collaboration

Sembcorp Green Hydrogen India Private Limited is in discussions with Bharat Petroleum Corporation Limited (BPCL) to enter into a definitive joint venture agreement for renewable energy and green hydrogen projects across India.

about 1 year ago
Image of Scott Roy, new Renewables Director. Source: THREE60
Business Developments & Projects

THREE60 Energy names new Renewables Director from within

Aberdeen-based THREE60 Energy has appointed a new Renewables Director, Scott Roy, to support a just energy transition and help customers reach their Net Zero targets. Scott Roy will oversee the Aberdeen-based company’s strategic growth efforts across the company’s service lines. According to THREE60

about 1 year ago
Boskalis vessel installs huge topside at Qatar’s largest offshore oil field (Photo)
Business Developments & Projects

Boskalis installs huge topside at Qatar’s largest offshore oil field (Photo)

Dutch offshore services giant Boskalis has completed the installation of the central processing platform (CPP) topside at what is said to be Qatar’s largest offshore oil field. Semi-submersible heavy transport vessel Forte installed the Gallaf GE CPP topside at its final destination, the Al-Shaheen

about 1 year ago
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