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Business Developments & Projects

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DNV certifies Hudong-Zhonghua’s four vessel designs
Business Developments & Projects

DNV certifies Hudong-Zhonghua’s four vessel designs

Classification society DNV has issued three approval in principle (AiP) certificates to Chinese shipbuilder Hudong-Zhonghua for its vessel designs, including ultra large ethane carrier (ULEC), liquefied CO2 (LCO2) carrier, and LNG bunker vessel, and general approval for ship application (GASA) certi

about 1 year ago
Altamira Fast LNG 1; Source: New Fortress Energy
Business Developments & Projects

With clearance in hand, US player ready to push LNG export to non-FTA countries off the ground

New Fortress Energy (NFE) is all set to make a start on liquefied natural gas (LNG) export to non-free trade agreement (FTA) countries from its floating liquefied natural gas (FLNG) unit off the coast of Altamira, Mexico.

about 1 year ago
Eco Marine Power and Aries Marine join hands on ship technology projects
Business Developments & Projects

Eco Marine Power and Aries Marine join hands on ship technology projects

Japan’s Eco Marine Power has signed a cooperation agreement with UAE’s Aries Marine and Engineering Services on innovative ship technology projects.

about 1 year ago
VARD starts building another Prysmian cable-layer
Business Developments & Projects

VARD starts building its third Prysmian cable-layer

Norwegian ship designer and shipbuilder VARD has kicked off the construction of its third cable-laying vessel (CLV) for Italian cabling giant Prysmian with a steel-cutting ceremony at its shipyard in Tulcea, Romania. According to VARD, the new vessel is the evolution of the Leonardo da Vinci / Monna

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

Chinese giant gets oil production going at offshore field

China National Offshore Oil Corporation (CNOOC) has kicked off production operations at an oilfield development project off the coast of China.

about 1 year ago
Illustration; Courtesy of Inpex
Business Developments & Projects

JOGMEC awards Metropolitan area CCS value chain project to Japanese trio

Inpex, Nippon Steel and Kanto Natural Gas Development have concluded a consignment contract with JOGMEC regarding the Metropolitan area CCS project.

about 1 year ago
CMB.TECH’s JV launches new hydrogen engine R&D center in Japan
Business Developments & Projects

CMB.TECH’s JV launches new hydrogen engine R&D center in Japan

JPNH₂YDRO, a joint venture (JV) formed by Belgian shipowner CMB.TECH and Japanese companies Tsuneishi and Kambara Kisen, has launched a new research & development (R&D) center in Japan to advance hydrogen development. The official ceremony to inaugurate the new Hydrogen Engine R&D Center was held on

about 1 year ago
PowerCell secures DNV’s approval for new methanol-to-power solution
Business Developments & Projects

PowerCell secures DNV’s approval for new methanol-to-power solution

Swedish hydrogen fuel cell provider PowerCell has obtained approval in principle (AiP) from classification society DNV for a new methanol-to-power solution that combines a methanol reformer with a fuel cell system. Specifically, the new solution has a fully integrated methanol reformer from RIX Indu

about 1 year ago
Q5000; Source: Helix Energy Solutions
Business Developments & Projects

Helix Energy Solutions stays with Shell in Gulf of Mexico

U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a new multi-year contract with Shell Offshore Inc. to continue providing well intervention services in the U.S. Gulf of Mexico. As part of the contract set to start in 2025, Helix will provide an increased minimu

about 1 year ago
BIMCO to work on new time charter party for CO2 transportation
Business Developments & Projects

BIMCO to work on new time charter party for CO2 transportation

BIMCO, the world’s largest international shipping association, has started work to develop a new time charter party specifically designed for the maritime transportation of carbon dioxide (CO2).

about 1 year ago
Marjan platform; Source: COOEC
Business Developments & Projects

Saipem garners $1 billion for two oil & gas projects at Middle Eastern offshore field trio

Saipem has landed a new set of contract awards for work at oil and gas fields off the coast of Saudi Arabia, which the Saudi energy giant Aramco operates.

about 1 year ago
Campbell platform; Source: Santos
Business Developments & Projects

McDermott’s ‘custom-built’ lifting cradle puts the icing on the decom cake offshore Australia

U.S. offshore engineering and construction player McDermott has brought a decommissioning assignment to an end off the coast of Western Australia.

about 1 year ago
FPSO Alvheim; Source: Aker BP
Business Developments & Projects

First oil flows from subsea tie-back to North Sea FPSO months ahead of schedule

Aker BP has kicked off production from an offshore oil field project in the North Sea, which has been tied back to a floating production, storage, and offloading (FPSO) vessel operating off the coast of Norway.

about 1 year ago
Judy platform; Source: Harbour Energy
Business Developments & Projects

‘Big step forward’ for Harbour Energy as it takes hold of Wintershall Dea’s oil & gas assets

Harbour Energy has brought into its fold all upstream business assets that used to belong to Germany’s Wintershall Dea, aside from the ones in Russia, after wrapping up an $11.2 billion acquisition.

about 1 year ago
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