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Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Business Developments & Projects

Green Marine UK joins C-Power in demonstrating autonomous offshore power system

Scotland’s Green Marine (UK) has joined the U.S.-based C-Power’s Partner Engagement and Co-development (PEC) program to advance autonomous offshore power systems (AOPS).

about 2 years ago
Nordic Winter rig; Source: Awilco
Business Developments & Projects

UK player strikes a bargain with Seatrium over yearslong rig arbitration saga

Seatrium has come to an understanding with Awilco Drilling regarding the settlement of two arbitration cases related to rig termination deals.

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

US judge dismisses ExxonMobil’s lawsuit against climate activist shareholder as moot

A federal judge has ruled that ExxonMobil no longer has a leg to stand on concerning its legal action against Arjuna Capital, given the climate activist investor’s withdrawal of emission reduction-related shareholder proposal and reassurance it will not be put forward again.

about 2 years ago
Peter Döhle Schiffahrts books methanol-ready containerships at Chinese shipyard
Business Developments & Projects

Peter Döhle Schiffahrts books methanol-ready containerships at Chinese shipyard

Peter Döhle Schiffahrt has ordered four 14,000 TEU methanol-fueled containerships at China’s Hudong-Zhonghua Shipbuilding.

about 2 years ago
EU flag; Source: Council of Europe
Business Developments & Projects

EU okays €570 million funding for Italian shore power scheme

The European Commission has approved, under European Union (EU) State aid rules, a €570 million Italian scheme to incentivize ships to use shore-side electricity when they are at berth in maritime ports.

about 2 years ago
PSV Sapura Ônix; Source: Seagems
Business Developments & Projects

Bermuda-based player gives Oslo stock exchange a go

Paratus Energy has shared its intention to list shares on Euronext Growth Oslo, followed by a planned uplisting to the Oslo Stock Exchange.

about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Business Developments & Projects

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
Topsoe, ABB and Fluor join forces for SOEC factory development in US
Business Developments & Projects

Topsoe, ABB and Fluor join forces for SOEC factory development in US

Topsoe, ABB and Fluor have formed an alliance to design a standardized concept for building Topsoe’s solid oxide electrolysis cells (SOEC) factory in Chesterfield, Virginia, U.S.

about 2 years ago
Pelaflex, floating platform technology. Source: Marine Power Systems
Business Developments & Projects

Marine Power Systems and Quoceant partner to advance Q-Connect in floating wind market

Welsh company Marine Power Systems (MPS) has joined Quoceant’s Offshore Wind Growth Partnership (OWGP) project to accelerate the development of Q-Connect technology into the floating offshore wind market.

about 2 years ago
Prysmian gives out €35M contract to expand submarine cable plant in Finland
Business Developments & Projects

Prysmian gives out €35M contract to expand submarine cable plant in Finland

Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi

about 2 years ago
Woodfibre LNG will move its floatel workcamp from Nanaimo to Howe Sound site, and will comply with a B.C. Environmental Assessment Office order to house non-local workers on it; Source: Woodfibre LNG
Business Developments & Projects

Floatel on the move to house 650-strong workforce for Canada’s $5.1 billion LNG project

A floatel will be transferred to the site of a 2.1 million-tonne-per-year LNG export project with 250,000 m3 of floating storage capacity being built in British Columbia, Canada, which is said to be the world’s first net zero LNG export facility.

about 2 years ago
Mitsubishi Shipbuilding nets orders for methanol-fueled RoRo cargo ships
Business Developments & Projects

Mitsubishi Shipbuilding nets orders for methanol-fueled RoRo cargo ships

Mitsubishi Shipbuilding has received orders from Toyofuji Shipping and Fukuju Shipping for methanol-fueled roll-on/roll-off (RoRo) cargo ships.

about 2 years ago
Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth
Business Developments & Projects

Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth

SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE

about 2 years ago
EverLoNG: Second carbon capture demonstration onboard LNG-powered ship takes off
Business Developments & Projects

EverLoNG: Second carbon capture demonstration onboard LNG-powered ship takes off

The second trial in the EverLoNG project began with Heerema Marine Contractors’ Sleipnir setting sail equipped with a ship-based carbon capture unit.

about 2 years ago
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