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Business Developments & Projects

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BV approves Dalian Shipbuilding’s liquid ammonia bunkering vessel design
Business Developments & Projects

BV approves Dalian Shipbuilding’s liquid ammonia bunkering vessel design

Dalian Shipbuilding has obtained approval in principle (AiP) from Bureau Veritas (BV) for its 30,000 cbm liquid ammonia bunkering vessel design.

about 1 year ago
LR
Business Developments & Projects

LR partners with Amogy and Rotoboost on fuel cell and CCS study to support emissions reduction

UK classification society Lloyd’s Register (LR) has entered into a joint development project (JDP) with Norway-headquartered hydrogen company Rotoboost and U.S.-based provider of ammonia-to-power solutions Amogy, seeking to assess opportunities for emissions reduction through a fuel cell and pre-com

about 1 year ago
Shearwater Geoservices to start 2025 in Ghana
Business Developments & Projects

Shearwater GeoServices to start 2025 in Ghana

Norwegian marine geoscience and technology company Shearwater GeoServices is set to commence a seismic monitoring project at the beginning of 2025 at a field offshore Ghana that was discovered in 2007. Shearwater Geoservices will perform a two-month 4D seismic survey at the Jubilee field, operated b

about 1 year ago
Deepsea Stavanger semi-submersible rig; Source: Africa Energy
Business Developments & Projects

With extension in hand, Canadian firm prepares to take the reins at South African offshore block as partners call it a day

Africa Energy has confirmed the deadline extension for the environmental impact assessment report (EIAR) at a block off the coast of South Africa.

about 1 year ago
Topaz Driller jack-up rig; Source: Vantage
Business Developments & Projects

Jack-up pair passes into ADES’ possession but remains part of Vantage Drilling’s managed rig fleet

Vantage Drilling has embarked on a process to divest two jack-up rigs, which will get ADES as their new owner. However, Vantage will continue to manage the rigs for three years.

about 1 year ago
Gas TSOs conclude pre-feasibility study on Nordic-Baltic Hydrogen Corridor
Business Developments & Projects

Gas TSOs conclude pre-feasibility study on Nordic-Baltic Hydrogen Corridor

Gas transmission system operators (TSOs) of Finland, Estonia, Latvia, Lithuania, Poland and Germany have completed a pre-feasibility study on the Nordic-Baltic Hydrogen Corridor (NBHC).

about 1 year ago
Methanex seals $2.05 billion deal to buy OCI Global’s methanol business
Business Developments & Projects

Methanex seals $2.05 billion deal to buy OCI Global’s methanol business

Canadian company that supplies, distributes, and markets methanol worldwide Methanex Corporation has entered into a definitive agreement to acquire OCI Global’s international methanol business for $2.05 billion.

about 1 year ago
Graphic of HonuWorx’s “Loggerhead” autonomous submarine technology, deploying an ROV for underwater inspection, maintenance, and repair work.
Business Developments & Projects

UK underwater robotics firm to treble its staff following seven-figure investment

Aberdeen-based HonuWorx has secured a seven-figure investment to boost its underwater robotics technology. The company said it plans to cut costs and emissions for offshore repair and inspection work through the fleet of autonomous, all-electric submarines. TRICAPITAL Angels and Scottish Enterprise

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

Saipem exploring nuclear tech as ‘new frontier’ in offshore oil & gas for emission-free energy

Saipem is pooling resources with the UK-based newcleo to throw nuclear technology into the offshore oil and gas operations mix and look into the development of floating nuclear-powered prototypes on a quest to achieve zero-emission energy.

about 1 year ago
CoreAll's video footage indicates Saipem's Scarabeo 8 semi-submersible rig participated in the CoDril trials with Aker BP in the Barents Sea; Image source: Var Energi
Business Developments & Projects

Oil & gas firm puts tripping-free tech forces to the test: Blazing new trails to shape coring and drilling innovations

The field trials off the coast of Norway aim to determine whether an innovative technology designed to solve core drilling’s tripping woes will live up to expectations.

about 1 year ago
Subsea7 reveals Shell behind 'sizeable' Gulf of Mexico EPCI contract
Business Developments & Projects

Subsea7 reveals Shell behind ‘sizeable’ Gulf of Mexico EPCI contract

Following the announcement of a “sizeable” contract award in mid-August with an unknown client, Luxembourg-domiciled Subsea7 has now revealed that the contract is for Shell’s waterflood project in the U.S. Gulf of Mexico. Subsea7 will provide engineering, procurement, construction, and offshore inst

about 1 year ago
Yinson GreenTech kicks off commercial trials for Singapore’s first fully electric cargo vessel
Business Developments & Projects

Yinson GreenTech kicks off commercial trials for Singapore’s first fully electric cargo vessel

MarinEV, marine electrification business of Singapore-based green technology solutions provider Yinson GreenTech (YGT), has opened commercial trials for Singapore’s first fully electric cargo vessel, the Hydromover, to industry leaders looking to reduce the carbon footprint from their business activ

about 1 year ago
Illustration; Credit: Morten Berentsen/NOD
Business Developments & Projects

21 oil & gas firms show ‘great faith’ in hydrocarbon exploration in Norwegian waters

21 companies have submitted offers for production licenses, as part of the award in pre-defined areas 2024 (APA 2024) licensing round, indicating their interest in further exploration activity on the Norwegian Continental Shelf (NCS).

about 1 year ago
Image of Ocean Power Technologies PowerBuoy and WAM-V during sea trials.
Business Developments & Projects

Ocean Power Technologies finishes testing of next-gen buoy, prepares for deployment

U.S.-based marine energy firm Ocean Power Technologies (OPT) has completed more than four months of offshore testing of its next-generation PowerBuoy (PB) in the Atlantic Ocean, offshore New Jersey, and is preparing the system for deployment at the Naval Postgraduate School (NPS) in Monterey to enha

about 1 year ago
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