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Business Developments & Projects

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Equinor gives out more work to Ocean Installer
Business Developments & Projects

Equinor gives out more work to Ocean Installer

Norway’s Ocean Installer has secured a new subsea line modification (SLM) project award from compatriot energy giant Equinor, with execution scheduled for fall. The scope of work on Åsgard A in the Norwegian Sea covers the recovery of two risers, the installation of one new riser and flexible jumper

about 2 years ago
NKT Victoria paces ahead with cable laying for Shetland HVDC link
Business Developments & Projects

Export cable installation to start at third Dogger Bank Wind Farm phase

The installation of export cables at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm in the UK, is scheduled to start in early April. The work will be performed in three campaigns to install three sections of export cable, with the first campaign starting on or around April 9, [&h

about 2 years ago
Stena Bulk sells two LNG tankers to BW LNG in bid to ‘build bridges towards a new era’
Business Developments & Projects

Stena Bulk sells two LNG tankers to BW LNG in bid to ‘build bridges towards a new era’

Swedish tanker shipping company Stena Bulk has completed the sale of two LNG carriers to Norway-based gas shipping company BW LNG.

about 2 years ago
Equinor and DNO delineate 2023 oil & gas discovery with appraisal well and sidetrack
Business Developments & Projects

Equinor and DNO delineate 2023 oil & gas discovery with appraisal well and sidetrack

Norwegian state-owned energy giant Equinor and compatriot oil and gas operator DNO have completed an appraisal well and sidetrack said to further delineate the 2023 Heisenberg oil and gas discovery in the Norwegian North Sea. Heisenberg, a new shallow play located in license PL827SB in the northern

about 2 years ago
Terntank places new order for wind/methanol-ready tanker
Business Developments & Projects

Terntank places new order for wind/methanol-ready tanker

Terntank has ordered another tanker with wind-assisted propulsion and dual-fuel engine capable of operating on MGO, biofuels, and methanol.

about 2 years ago
Avikus
Business Developments & Projects

Avikus claims fuel usage, CO2 emissions cuts thanks to autonomous navigation tech

Avikus autonomous navigation is proven to reduce fuel use by as much as 15% and is expected to reduce carbon emissions by 10%, the autonomous navigation in-house startup of South Korean shipbuilding giant HD Hyundai said.

about 2 years ago
New project helps crew members take fuel-saving action more often
Business Developments & Projects

New project helps crew members take fuel-saving action more often

Danish chemical ship-owning and chartering company Christiania Shipping has launched behavior change service Signol in a fuel efficiency project that uses StormGeo data to understand and increase crew members’ fuel-saving behavior.

about 2 years ago
New strategic alliance targets sustainable energy solutions, hydrogen included
Business Developments & Projects

New strategic alliance targets sustainable energy solutions, hydrogen included

Getech and Expro have entered a strategic partnership to propel low-carbon geoenergy projects, including geothermal energy, natural hydrogen and CCS.

about 2 years ago
Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain
Business Developments & Projects

Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain

Hydrom and VNG will examine the economic potential of building a green hydrogen and ammonia value chain between Oman and Germany.

about 2 years ago
Yinson hires Blue Water Shipping for transport of FPSO modules
Business Developments & Projects

Yinson hires Blue Water Shipping for transport of FPSO modules

Owner and operator of floating storage, production and offloading vessels (FPSO) Yinson Production has awarded Blue Water Shipping with a contract for the transport of modules for an FPSO destined for a project offshore Angola. Under the logistics contract, Blue Water’s Floating Productions Systems

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

South Korean shipbuilder wins $1.8 billion contract for 8 LNG vessels

Korean shipbuilding major Hanwha Ocean has received a construction order for eight LNG vessels from an undisclosed shipowner.

about 2 years ago
EU ETS
Business Developments & Projects

Shipping giants reaping high profits from EU ETS, study shows

Shipping giants are profiteering from the EU Emissions Trading System (EU ETS), the world’s first and largest emissions cap-and-trade system, a new Transport & Environment (T&E) study reveals.

about 2 years ago
Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for s
Business Developments & Projects

Chevron and Eliis collaborate on AI solutions for seismic interpretation

Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for seismic interpretation, subsurface characterization, and modeling. Leveraging its experience in hydr

about 2 years ago
Doosan Fuel Cell’s SOFC passes world’s first environmental test for maritime applications
Business Developments & Projects

Doosan Fuel Cell’s SOFC passes world’s first environmental test for maritime applications

HyAxiom and Doosan Fuel Cell (DFCC) said that their SOFC cell stack has passed a critical environmental test by DNV.

about 2 years ago
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