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Business Developments & Projects

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BC Ferries
Business Developments & Projects

BC Ferries prepares to invest in green ship fleet

Canadian ferry operator BC Ferries has unveiled plans to order five of seven new environmentally friendly vessels for its busiest routes, with the remaining two to be built in a later phase.

about 1 year ago
World Energy GH2 joins Green Hydrogen Organisation
Business Developments & Projects

World Energy GH2 joins Green Hydrogen Organisation

Newfoundland and Labrador-based renewable energy company World Energy GH2 has become a member of the Green Hydrogen Organisation (GH2).

about 1 year ago
FPSO Johan Castberg in Barents Sea; Credit: Lars Morken/Equinor
Business Developments & Projects

With giant newbuild FPSO anchored at Norwegian field, hook-up and first oil next on the agenda

Equinor has anchored its new floating production, storage, and offloading (FPSO) vessel to the seabed with mooring lines and will proceed to complete the rest of the items on the production start-up list to bring its oil project in the Barents Sea online, enabling the FPSO unit to embark on a three-

about 1 year ago
French company's barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal
Business Developments & Projects

French firm’s barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal

As part of a contract with Norway’s technology company ECOnnect Energy, French Geocean has picked up the thermo composite pipes (TCP) reels that will connect the FSRU to the onshore site as part of the second liquefied natural gas (LNG) terminal in Wilhelmshaven developed by German state-owned Deuts

about 1 year ago
‘World’s first’ STS ammonia transfer at anchorage completed (Gallery)
Business Developments & Projects

‘World’s first’ STS ammonia transfer at anchorage completed (Gallery)

A Global Center for Maritime Decarbonization-led consortium has conducted what is said to be “the world’s first” ship-to-ship transfers of ammonia at anchorages within the Port of Dampier.

about 1 year ago
Norbe VIII drillship; Source: Foresea
Business Developments & Projects

WATCH: Foresea rig comes to Brazilian shipyard ahead of its drilling gig with Petrobras

Foresea has sent one of its drillships to undertake a 15-year special periodic survey (SPS) at the Rio Grande Shipyard, where the rig will get ready for its new assignment off the coast of Brazil, which is slated to begin next quarter with the state-owned energy giant Petrobras.

about 1 year ago
Orbital Marine's O2 tidal energy turbine (Courtesy of Orbital Marine Power)
Business Developments & Projects

Lloyd’s Register to certify ‘world’s largest’ tidal energy converter

Marine classification society, Lloyd’s Register (LR), has signed an agreement with Scotland-based renewable energy company Orbital Marine Power to start the certification process for what is described as the “world’s largest” tidal energy converter (TEC). Orbital’s upcoming O2-X TEC will generate 2.

about 1 year ago
hydrogen fund
Business Developments & Projects

Japan’s brand-new hydrogen fund makes a smashing debut with $400M already in hand

The Japan Hydrogen Fund — the first Japanese fund dedicated to the development of low-carbon hydrogen — has been officially launched, with more than $400 million raised from multiple investors.

about 1 year ago
Two men in hard hats and jackets looking at an offshore platform in the distance
Business Developments & Projects

Australian state sets wheels in motion to amp up energy security by enabling offshore gas storage

Two ministers from the government of Australia’s state of Victoria, led by Premier Jacinta Marie Allan, have proposed a pair of bills aiming to reduce gas demand and boost supply security in the state.

about 1 year ago
North Field; Source: QatarEnergy LNG
Business Developments & Projects

Saipem scoops up $4 billion for work on mega natural gas field offshore Qatar

Saipem has won a multibillion-dollar deal for an offshore project designed to help maintain natural gas production from the biggest field off the northern coast of Qatar.

about 1 year ago
Scarabeo 8 rig; Source: Saipem
Business Developments & Projects

Saipem rig staying with Norwegian oil & gas firm until 2026-end

Saipem has secured more work with Aker BP, a Norwegian oil and gas player, for a semi-submersible rig, which is working on the Norwegian Continental Shelf (NCS).

about 1 year ago
Höegh LNG rebrands, expands focus on floating infrastructure for ammonia, hydrogen
Business Developments & Projects

Höegh LNG rebrands, expands focus on floating infrastructure for ammonia, hydrogen

Bermuda-based shipowner and operator Höegh LNG has changed its name to Höegh Evi to reflect the recent expansion of its focus beyond liquified natural gas (LNG) import terminals and encompass innovative and tangible clean energy solutions.

about 1 year ago
Grand block ceremony held for newbuild Nexans cable layer (Photos)
Business Developments & Projects

Grand block ceremony held for newbuild Nexans cable layer (Photos)

Nexans and Ulstein have held the grand block ceremony for the new cable-laying vessel (CLV) Nexans Electra, bringing the vessel closer to realization. The ceremony was celebrated on September 10 at CRIST, Poland, with the remaining processes such as engineering, outfitting, system integration, equip

about 1 year ago
Five men standing onstage
Business Developments & Projects

Malaysia bent on transforming deepwater ops through innovation

Malaysia Petroleum Management (MPM), an affiliate of Malaysia’s state-owned energy giant Petronas, has hosted a three-day event to explore deepwater opportunities through innovative solutions.

about 1 year ago
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