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Business Developments & Projects

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FPSO Espirito Santo; Source: MISC
Business Developments & Projects

SBM Offshore taking over Brazilian FPSO while MISC grabs Malaysian one as stakes in two units change hands

SBM Offshore has made arrangements to exchange ownership interests related to two floating production, storage, and offloading (FPSO) vessels with Malaysia’s shipping giant MISC Berhad (MISC).

about 1 year ago
ABB's package to optimize performance of NKT’s new cable-laying vessel
Business Developments & Projects

NKT hires ABB to optimize performance of newbuild cable-laying vessel

Danish power cable manufacturer and installation company NKT has awarded Swedish–Swiss automation company ABB with a contract to supply a power distribution system for its newbuild cable-laying vessel (CLV) that enables integration of multiple power sources and allows engines to run at variable spee

about 1 year ago
Partners to conduct engineering design work for Japanese CCS project
Business Developments & Projects

Partners to conduct engineering design work for Japanese CCS project

Tohoku Region West Coast CCS initiative, proposed by Itochu, Nippon Steel, Taiheiyo Cement, Mitsubishi Heavy Industries (MHI), Inpex, Taisei and Itochu Oil Exploration, has been selected by JOGMEC to conduct engineering design work for Japanese advanced CCS project.

about 1 year ago
Shelf Drilling Mentor jack-up rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling jack-up duo’s new long-term gigs prompting rig moves to West Africa

UAE-headquartered offshore drilling contractor Shelf Drilling has won a new set of drilling assignments for two jack-up rigs in its fleet.

about 1 year ago
NYK names new dual-fuel LPG/ammonia carrier for Astomos
Business Developments & Projects

NYK names new dual-fuel LPG/ammonia carrier for Astomos

Japanese shipping major NYK Line has named the newbuild LPG dual-fuel very large gas carrier (VLGC) for charter with compatriot LPG trader and importer Astomos Energy. The LPG/ammonia carrier was named Liberty Pathfinder at a ceremony held on September 4 at the Sakaide Works (Kagawa Prefecture) of K

about 1 year ago
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
Business Developments & Projects

US player lands work on FPSO pair destined for Petrobras’ oil field duo

KBR has been hired on engineering contracts by Singapore’s Seatrium to develop topside facilities for two floating production storage and offloading (FPSO) units that are being designed for two pre-salt ultra-deepwater fields located in the prolific Santos Basin off the coast of Brazil.

about 1 year ago
Amogy and HD KSOE EcoPhin to jointly work on ammonia-powered solutions for maritime sector
Business Developments & Projects

Amogy and HD KSOE EcoPhin to jointly work on ammonia-powered solutions for maritime sector

U.S.-based provider of ammonia-to-power solutions Amogy has formed a new partnership with propulsion system specialist HD KSOE EcoPhin to deploy their respective technologies to enhance ammonia-powered solutions across the maritime sector. For the most part, the partnership will focus on the integra

about 1 year ago
Island Innovator rig; Source: Island Drilling
Business Developments & Projects

Island Drilling rig begins multi-well plug and abandonment work in Africa

Island Drilling Company has made a start on its plug and abandonment (P&A) campaign off the coast of Mauritania, Africa, which is being carried out with its 2012-built semi-submersible rig.

about 1 year ago
WaveRoller, a white and blue wave energy converter in the sea
Business Developments & Projects

ONDEP project wins €19M EU funding to deploy wave energy array offshore Portugal

The Ondas de Peniche (ONDEP) project has secured €19 million in funding from the EU’s Horizon Europe funding program to deploy a 2 MW wave energy array with four WaveRoller wave energy converters offshore Portugal. The ONDEP project will start in October 2024 and run for five and a half years, cover

about 1 year ago
Denmark’s Port Esbjerg bolsters offshore wind, ammonia, and hydrogen ties with Korea’s Ulsan port
Business Developments & Projects

Denmark’s Port Esbjerg bolsters offshore wind, ammonia, and hydrogen ties with Korea’s Ulsan port

Denmark’s Port Esbjerg and Korea’s Port of Ulsan have formed a strategic partnership to drive innovation and sustainability in the maritime industry through both parties’ experience in handling hydrogen and ammonia as well as offshore wind projects. Port Esbjerg revealed the collaboration via social

about 1 year ago
Megalodon; Source: Pinnacle Engineering
Business Developments & Projects

New oil & gas discovery pops up in Gulf of Mexico while ongoing drilling ops hint another may come soon

Talos Energy has confirmed a discovery of commercial quantities of oil and natural gas at a block in the U.S. Gulf of Mexico where the firm holds a non-operated stake.

about 1 year ago
Danish power cable player to expand production capacity at another Swedish facility
Business Developments & Projects

Danish power cable player expanding production capacity at another Swedish facility

After Karlskrona, Sweden, Denmark-headquartered power cable manufacturer and installation firm NKT is expanding its operations in Alingsås to boost the production capacity of high-voltage accessories. NKT is currently constructing a new hall in Alingsås for testing power cable accessories up to 525

about 1 year ago
Potential turbine by Nova Innovation
Business Developments & Projects

Industry welcomes boost to tidal stream projects following latest UK renewables auction results

Key industry players have welcomed the recent UK renewables auction results, where six tidal stream projects secured contracts, viewing it as a strong endorsement of the tidal energy sector’s growth. Five developers secured contracts to develop a total of 28 MW of tidal stream energy across the UK.

about 1 year ago
Titan bunkers Erik Thun’s new LNG-powered ship in Belgium
Business Developments & Projects

Titan bunkers Erik Thun’s new LNG-powered ship in Belgium

Dutch marine fuels supplier Titan has delivered LNG to the newbuild Thun Vettern, an LNG dual-fuel vessel owned by Swedish shipping company Erik Thun, in its first simultaneous operations (SIMOPS) bunkering in Ghent, Belgium. The operation saw Titan’s Flexfueler 001 deliver 180 MT of LNG to Thun Vet

about 1 year ago
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