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Illustration; Source: TotalEnergies
Business Developments & Projects

TotalEnergies and QatarEnergy entering South African offshore block

TotalEnergies and QatarEnergy have laid the groundwork to expand their presence in the Orange Basin by getting interests in a block off South Africa.

about 2 years ago
Hanwha sets up new division to build eco-friendly fuel engines
Business Developments & Projects

Hanwha sets up new division to build eco-friendly fuel engines

South Korean conglomerate Hanwha Group has launched a new affiliate, Hanwha Engine, after acquiring marine engine company HSD Engine.

about 2 years ago
Tekmar
Business Developments & Projects

Tekmar says 2023 pivotal year, despite instability in offshore wind market

Tekmar Group has reported improved financial performance for the 2023 financial year with a revenue of £39.9 million, compared to £30.2 million in FY22. Deemed a pivotal year that saw instability in the offshore wind market, Tekmar said it had stabilized the business in 2023. Tekmar saw an adjusted

about 2 years ago
LS Cable wins preferred supplier status for Taiwanese offshore wind project
Business Developments & Projects

LS Cable wins preferred supplier status for Taiwanese offshore wind project

Copenhagen Infrastructure Partners (CIP) has signed a preferred supply agreement with LS Cable for the supply of offshore and onshore cables to Feng Miao 1, the company’s third offshore wind project in Taiwan. Under the agreement, Korea-based LS Cable will supply offshore export cables, inter-array

about 2 years ago
EU grants €8.9 million for advanced hydrogen valley in Western France
Business Developments & Projects

EU grants €8.9 million for advanced hydrogen valley in Western France

An 18-member consortium, coordinated by French hydrogen producer Lhyfe, has launched a new project to establish an advanced green hydrogen valley in Western France. The project has received an €8.9 million grant from the European Commission through the Clean Hydrogen Joint Undertaking. The project c

about 2 years ago
IRS
Business Developments & Projects

IRS, GRSE to jointly develop autonomous and green ships

Classification society Indian Register of Shipping (IRS) has signed a memorandum of understanding (MOU) with local shipbuilder Garden Reach Shipbuilders & Engineers Limited (GRSE) to jointly work on the development of autonomous and green energy vessels.

about 2 years ago
TKF workers producing the first power cores in its new cable factory in Eemshaven
Business Developments & Projects

TKF starts production in new cable factory in Eemshaven

Netherlands-based company BV Twentsche Kabelfabriek (TKF) has produced its first power cores in its new cable factory in Eemshaven. The company produced three power cores for the type test cable, which were provided with the welded aluminum screen and PE outer sheath. The investment in the new fact

about 2 years ago
MAN ES
Business Developments & Projects

MAN ES expands duel-fuel methanol engine deal with CCS

German engine manufacturer MAN Energy Solutions and China Classification Society (CCS) have signed a sub-agreement that will support the development project for the new MAN 21/31 dual-fuel methanol (DF-M) engine.

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

Viasat and Aramco join forces for ‘first maritime trial’ of 5G mesh network

Inmarsat Maritime, a Viasat company, has signed a memorandum of understanding (MoU) with Saudi Arabia’s oil and gas giant Aramco to perform what is said to be the world-first 5G mesh network trial for the Saudi energy player’s offshore projects in the Arabian Gulf. The goal is to enable high-speed c

about 2 years ago
Wavepiston opens capital raise to back wave energy system
Business Developments & Projects

Danish firm to explore wave energy deployment offshore Barbados

Danish company Wavepiston and Export Barbados (BIDC), an agency of the Barbados Government, are set to explore the deployment of wave energy farms offshore Barbados. According to Wavepiston, Barbados and most of the Caribbean region hold a large potential for wave energy. Barbados has set a net-zero

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

Chevron taking over operatorship at block with ‘enormous potential’ off Uruguay

Challenger Energy is in the process of selling a partial stake in a shallow water exploration block off the coast of Uruguay to Chevron.

about 2 years ago
NKT pursues shift to low-carbon aluminium with latest partnership
Business Developments & Projects

NKT seeks to cut carbon footprint of power cables with latest partnership

Subsea power cable manufacturer NKT and aluminium and energy company Hydro have entered into a strategic partnership to accelerate the shift towards low-carbon aluminium and increase its role in reducing the carbon footprint of power cables. As part of the partnership that aims to further decarboniz

about 2 years ago
Aker Solutions selected as owner’s engineer for 3GW hydrogen project in Scotland
Business Developments & Projects

Aker Solutions selected as owner’s engineer for 3GW hydrogen project in Scotland

UK-based energy company Statera has appointed Norwegian energy services provider Aker Solutions as owner’s engineer for the first 500 MW phase of its 3 GW Kintore Hydrogen project in Aberdeenshire, Scotland. Under the contract, Aker Solutions will build on its process industry expertise within green

about 2 years ago
VALO
Business Developments & Projects

VALO to provide hydrofoil systems for zero-emission, hydrogen-powered ORCA vessels

Blue Orca Marine, a Canadian pioneer in zero-emission sustainable marine solutions, has entered into a strategic partnership with San Francisco-based VALO (also known as Boundary Layer Technologies) to propel hydrofoil innovation.

about 2 years ago
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