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Business Developments & Projects

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EU flag; Source: Council of Europe
Business Developments & Projects

EU approves two Dutch renewable hydrogen measures

European Commission has approved a €998 million Dutch scheme to support the production of renewable hydrogen, as well as an €80 million measure to support Djewels, a subsidiary of HyCC, in the demonstration of a hydrogen production technology.

about 2 years ago
Illustration/DEEC-Tec-based wave energy system (Courtesy of US DOE)
Business Developments & Projects

US DOE unveils 15 Phase II winners of InDEEP wave energy competition

The U.S. Department of Energy’s (DOE’s) Water Power Technologies Office (WPTO) has revealed the 15 winning teams in Phase II of the American-Made Innovating Distributed Embedded Energy Prize (InDEEP).

about 2 years ago
Illustration; Source: Trinity Exploration and Production
Business Developments & Projects

Upheaval shakes up Touchstone’s merger plan as third player makes offer for UK-based oil & gas firm

Touchstone’s acquisition of Trinity has hit a snag as a third company, Lease Operators, has made a cash offer for the latter.

about 2 years ago
Terntank contracts Kongsberg Maritime to design and equip new wind-assisted tanker
Business Developments & Projects

Terntank contracts Kongsberg Maritime to design and equip new wind-assisted tanker

Terntank has awarded Kongsberg Maritime a contract to design and equip its eleventh wind-assisted hybrid chemical tanker.

about 2 years ago
CLV Palos; Source: Taihan Cable & Solution
Business Developments & Projects

With first cable laying vessel in tow, Asian firm hopes to safeguard domestic offshore wind market from competitors

Taihan is placing hopes on its recently launched cable laying vessel (CLV) to lend a helping hand in protecting the domestic offshore wind industry.

about 2 years ago
Fortescue and COSCO Shipping to develop green fuel supply chain
Business Developments & Projects

Fortescue and COSCO Shipping to develop green fuel supply chain

Fortescue and COSCO Shipping have signed a non-binding MoU to work on developing technologies to lower emissions and build a green fuel supply chain.

about 2 years ago
CETO Wave Energy Ireland (CWEI) has secured funding to participate in the MEGA WAVE PTO project, funded by Horizon Europe.
Business Developments & Projects

CETO Wave Energy Ireland wins EU-backing for wave energy project

CETO Wave Energy Ireland (CWEI), a wholly-owned subsidiary of Carnegie Clean Energy, has secured funding to participate as an industry partner/wave energy technology representative in the Modular Electrical Generator PTO system for wave (MEGA WAVE PTO) project, funded by Horizon Europe.

about 2 years ago
NOCC returns to Chinese shipyard for third LNG dual-fuel PCTC
Business Developments & Projects

NOCC returns to Chinese shipyard for third LNG dual-fuel PCTC

Norwegian Car Carriers (NOCC) signed a shipbuilding contract with CIMC Raffles for the construction of a third LNG dual-fuel PCTC.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Shell spins the drill bit in North Sea with Valaris rig

Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.

about 2 years ago
Green Marine UK’s hydrogen CTV retrofit initiative receives RINA’s blessing
Business Developments & Projects

Green Marine UK’s hydrogen CTV retrofit initiative receives RINA’s blessing

Green Marine UK’s initiative aiming to retrofit CTVs with hydrogen, fuel cells and battery, to cut emissions while servicing offshore wind farms, has been granted AiP by RINA.

about 2 years ago
FPSO Marlin Natuna; Source: PaxOcean
Business Developments & Projects

Pioneer tanker-to-FPSO conversion at Indonesian shipyard enters commissioning phase

PaxOcean has confirmed the inroads made in repurposing a tanker into an FPSO, which will lend a helping hand in ramping up oil and gas production off the coast of Indonesia.

about 2 years ago
ETAP facility in the North Sea; Source: BP
Business Developments & Projects

BP gives multimillion-dollar job on North Sea oil & gas project to Subsea7 and OneSubsea

Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7, will handle work at BP’s subsea tie-back in the North Sea.

about 2 years ago
Illustration; Source: Halliburton
Business Developments & Projects

Halliburton and Armada exploring edge computing’s potential in oil & gas arena

Halliburton has signed an agreement with compatriot edge computing platform Armada aiming to help the former maximize its features.

about 2 years ago
Karratha gas plant; Courtesy of Woodside
Business Developments & Projects

Woodside picks Australian engineering firm to prepare Pluto LNG for gas from $12.5 billion project

Woodside has handed out a construction contract for its Pluto LNG Train 1 facility revamp to Monadelphous Group.

about 2 years ago
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