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Business Developments & Projects

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Allseas' new pipelaying barge preparing for its first project
Business Developments & Projects

Allseas’ new pipelaying barge preparing for its first project

Allseas’ newly converted shallow-water pipelay barge has begun preparations for its first commercial project, following sea trials offshore Malaysia. The crew is mobilizing the flat-bottomed barge called Sandpiper for its first commercial project which kicks off next month, following a period of 18

about 2 years ago
PONANT and FARWIND Energy ally on renewable marine hydrogen
Business Developments & Projects

PONANT and FARWIND Energy ally on renewable marine hydrogen

PONANT and FARWIND Energy are collaborating on innovative ship refuelling solutions with renewable hydrogen.

about 2 years ago
Oil block offshore Abu Dhabi starts producing
Business Developments & Projects

Offshore block near Abu Dhabi starts oil production

UAE energy giant Abu Dhabi National Oil Company (ADNOC) has started crude oil production from its Belbazem offshore block, helping meet growing demand for Abu Dhabi’s lower-carbon intensity oil and gas. The block, operated by Al Yasat Petroleum, a joint venture between ADNOC and China National Petro

about 2 years ago
Green North Energy’s new plants target Finland’s self-sufficiency in ammonia production
Business Developments & Projects

Green North Energy’s new plants target Finland’s self-sufficiency in ammonia production

Green North Energy proposes to build green hydrogen and ammonia plants as part of BalticSeaH2 project in Finnish cities Pori and Kemi.

about 2 years ago
SEA-KIT International’s latest 12-meter X-Class uncrewed surface vessel (USV) Fugro Blue Essence has been awarded Lloyd’s Register (LR) unmanned marine systems (UMS) certification, which stands as the
Business Developments & Projects

SEA-KIT and Lloyd’s Register set new milestone in USV certification

SEA-KIT International’s latest 12-meter X-Class uncrewed surface vessel (USV) Fugro Blue Essence has been awarded Lloyd’s Register (LR) unmanned marine systems (UMS) certification, which stands as the company’s fifth certificate, and the first LR UMS certificate for a Category 0 certified vessel. T

about 2 years ago
McDermott returns to Malaysian field under 'sizeable' contract with PTTEP
Business Developments & Projects

McDermott returns to Malaysian field under ‘sizeable’ contract with PTTEP

McDermott has won what it defines as a “sizeable” offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for a project offshore Malaysia on which it had worked in the early 2010s. Under the contract worth between $1 million and $50 million, McDermott wi

about 2 years ago
AG&P inks 20-year deal to operate Indonesian LNG import infrastructure
Business Developments & Projects

AG&P inks 20-year deal to operate Indonesian LNG import infrastructure

A consortium comprising three Indonesia-based companies has secured a large-scale 20-year contract for LNG infrastructure with PLN Energi Primer (PLN EPI) in Indonesia that will serve seven power plants of a total of 1,510 MW capacity. LNG terminals and downstream infrastructure company AG&P LNG, ma

about 2 years ago
Maersk
Business Developments & Projects

Maersk: More than 660K TEU transported by green fuels in 2023

Danish shipping giant A.P. Moller Maersk has revealed that more than 660,000 TEUs were transported in 2023, saving over 683,000 tonnes of greenhouse gases from being emitted into the atmosphere.

about 2 years ago
Another UK subsea electricity superhighway presses ahead
Business Developments & Projects

Great Britain’s longest-ever subsea connection presses ahead

UK energy market regulator Ofgem has given provisional regulatory approval for the Eastern Green Link 2 (EGL2) subsea connection between Scotland and Yorkshire, with over 500 kilometers said to be the longest ever built in Great Britain. Ofgem gave provisional approval of the expenditure required fo

about 2 years ago
Teesside University and partners eyeing new hydrogen storage solution
Business Developments & Projects

Teesside University and partners eyeing new hydrogen storage solution

Teesside University is working with Northern Gas Networks and Frazer-Nash on a feasibility study investigating the potential of using chemical hydrides as a means of storing hydrogen.

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

Eni reaffirms commitment to low-carbon energy research as part of agreement with MIT

Eni has extended its tenure as a founding member of the MIT Energy Initiative through 2027 to reinforce its decarbonization efforts.

about 2 years ago
Eni and Ithaca Energy in 'potential transformational combination'
Business Developments & Projects

Eni and Ithaca Energy in ‘potential transformational combination’

North Sea oil and gas operator Ithaca Energy has entered into an exclusivity agreement with Eni in relation to a potential transformational combination with substantially all of the company’s UK upstream assets. The deal implies the recently acquired Neptune Energy assets, excluding certain assets i

about 2 years ago
Germany’s SEFE to bolster role in secure energy supply by becoming sole owner of WIGA
Business Developments & Projects

Germany’s SEFE to bolster role in secure energy supply by becoming sole owner of WIGA

German SEFE will become the sole shareholder of gas transmission network WIGA by acquiring the 50.02% shareholding held by Wintershall Dea.

about 2 years ago
Finland-based wave energy technology developer, AW-Energy, has completed the three-year WaveFarm project founded by the European Maritime and Fisheries Fund through the Blue Economy Window.
Business Developments & Projects

AW-Energy finishes three-year WaveFarm project

Finland-based wave energy technology developer, AW-Energy, has completed the three-year WaveFarm project founded by the European Maritime and Fisheries Fund through the Blue Economy Window. According to the company, this initiative is a step forward for the WaveRoller wave energy converter, showing

about 2 years ago
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