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Business Developments & Projects

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MHI’s CO2 capture technology selected for low-carbon hydrogen plant in HyNet cluster
Business Developments & Projects

MHI’s CO2 capture technology selected for low-carbon hydrogen plant in HyNet cluster

Japanese engineering company Mitsubishi Heavy Industries (MHI) has signed a license agreement with its U.S. counterpart KBR to provide CO2 capture technology for a low-carbon Hydrogen Production Plant 2 (HPP2) being established in Cheshire in northwest England. The HPP2 project, owned by Essar Group

about 2 years ago
shore power
Business Developments & Projects

Actemium: New onshore power facility in Vlaardingen ready for use

Dutch company Actemium Nederland has provided an onshore power supply (OPS) installation for Rotterdam Shore Power (RSP), a joint venture between energy company Eneco and the Port of Rotterdam Authority.

about 2 years ago
DOF to recycle Shell’s North Sea subsea infrastructure
Business Developments & Projects

DOF to recycle Shell’s North Sea subsea infrastructure

DOF Group has secured a subsea engineering procurement removal and disposal (EPRD) contract with Norske Shell, a subsidiary of the UK-headquartered energy giant Shell, in the Atlantic region. DOF will deliver an integrated solution of project management, engineering, design, analysis and survey for

about 2 years ago
Noble Voyager drillship; Source: Noble Corporation
Business Developments & Projects

Noble taps Blue Water to support its rig ops in Suriname

Blue Water Shipping has been hired on a logistics contract in Suriname by Noble Corporation, an offshore drilling giant.

about 2 years ago
Yara invests in electrolysis technology firm to boost hydrogen production
Business Developments & Projects

Yara invests in electrolysis technology firm to boost hydrogen production

As part of the ambition to decarbonize fertilizer production and enable the hydrogen economy, Yara Growth Ventures, an investment arm of Norwegian Yara International, has invested in Dynelectro, a Danish innovator that develops technologies to unlock the potential of solid oxide electrolysis (SOE).

about 2 years ago
Stena Carron drillship drilled one of ExxonMobil's recent discoveries in Guyana; Source: Stena Drilling
Business Developments & Projects

Once sea trials are out of the way, Stena drillship going back to Guyana

One of the drillships owned by Stena Drilling, an offshore drilling contractor, has completed its 15-year special period survey (SPS).

about 2 years ago
Hyundai Mipo Dockyard
Business Developments & Projects

Hyundai Mipo completes South Korea’s first autonomous vessel

South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has unveiled the country’s first pilot vessel intended for autonomous navigation.

about 2 years ago
Offshore areas’ map for Open Uruguay Round; Source: ANCAP
Business Developments & Projects

As ink dries on signed license off Uruguay, search for partners coming up soon

Isle of Man-headquartered oil and gas player Challenger Energy Group (CEG) has formally signed a license for a shallow water exploration block off Uruguay.

about 2 years ago
HD Hyundai partners with 3M to insulate liquid hydrogen storage tanks
Business Developments & Projects

HD Hyundai partners with 3M to insulate liquid hydrogen storage tanks

South Korean shipbuilding giant HD Hyundai and American multinational conglomerate 3M have signed an agreement to work on a joint research project focused on developing a high-performance vacuum insulation system for liquid hydrogen storage and transportation. The project will see 3M and HD Hyundai

about 2 years ago
Nexans Moray West
Business Developments & Projects

Nexans wraps up export cable pull-in job offshore Scotland

France-headquartered Nexans has completed the offshore export cable pull-ins for both offshore substation platforms at the 882 MW Moray West wind farm, located in the Moray Firth in the northeast of Scotland. The cable-laying vessel Nexans Aurora took advantage of a recent period of favorable weathe

about 2 years ago
ADNOC
Business Developments & Projects

Deployment of over 30 AI tools brings ADNOC $500 million while slashing emissions

ADNOC has used more than 30 AI solutions across its full value chain to curb its emissions footprint while generating $500 million in value during 2023.

about 2 years ago
Alfa Laval
Business Developments & Projects

K Shipbuilding to use Alfa Laval’s air lubrication systems in tanker newbuild projects

Swedish sustainable solutions provider Alfa Laval has signed the first memorandum of understanding (MOU) for OceanGlide installations with Korean shipbuilding company K Shipbuilding (KSB).

about 2 years ago
ORE Catapult: 10 technology innovations key to 80% cost reduction of UK tidal energy
Business Developments & Projects

ORE Catapult: 10 technology innovations key to 80% cost reduction of UK tidal energy

A new report by the Offshore Renewable Energy (ORE) Catapult has identified ten technology innovations, subsea hubs among others, that could result in an 80% cost reduction in tidal stream energy, making it lower than current nuclear energy prices if successfully commercialized. The ten technology i

about 2 years ago
David Thompson, Trillion interim CFO; Source: Trillion Energy
Business Developments & Projects

While on the hunt for new CFO, Trillion hand-picks interim one

Canada’s oil and gas player Trillion Energy has appointed an interim CFO and is on the lookout for someone to fill the role permanently.

about 2 years ago
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