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ACUA Ocean joins forces with Genevos for next-gen hydrogen-powered USVs
Business Developments & Projects

ACUA Ocean joins forces with Genevos for next-gen hydrogen-powered USVs

ACUA Ocean, a manufacturer of hydrogen-powered uncrewed surface vessels (USVs), and Genevos, a hydrogen fuel cell power systems integrator, have signed a memorandum of understanding (MoU) for a commercial collaboration to develop next-generation hydrogen-powered USVs (H-USV). The strategic collabora

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

Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS pursuits

Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).

about 2 years ago
After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras
Business Developments & Projects

After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras

Brazilian state-owned oil and gas giant Petrobras has awarded Norway’s Electromagnetic Geoservices (EMGS) with a contract worth approximately $11.7 million to deliver a multi-client survey offshore Brazil. The contract represents EMGS’ first acquisition project offshore Brazil in almost ten years. T

about 2 years ago
Methanol
Business Developments & Projects

LR, Green Marine roll out training for methanol as marine fuel

Danish methanol-as-marine-fuel consultancy Green Marine has teamed up with Lloyd’s Register (LR) classification society on expert training for methanol handling. The training program is intended for maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technol

about 2 years ago
Barossa concept; Source: Santos
Business Developments & Projects

Australia’s oil & gas industry throws its support behind calls to cut taxpayer funding for activist group

Many have publicly denounced their support for a taxpayer-funded NGO that takes legal action over climate change and environmental issues.

about 2 years ago
Wallenius Wilhelmsen
Business Developments & Projects

Wallenius Wilhelmsen lands lucrative contracts worth $1.2 billion

Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on

about 2 years ago
Scottish consortium to develop green hydrogen shore power trial with CMDC funding
Business Developments & Projects

Scottish consortium to develop green hydrogen shore power trial with CMDC funding

A Scottish consortium of four renewable and maritime companies has secured funding from the UK Government Department for Transport (DfT) to develop a green hydrogen shore power trial project at the Port of Leith. As disclosed, the project was granted over £535,000 (around $679,000) as part of the Cl

about 2 years ago
Poor weather hits pause on construction of new UK interconnector
Business Developments & Projects

Poor weather hits pause on construction of new UK interconnector

Offshore cable operations have been paused for the Greenlink interconnector that will link Ireland and Wales due to poor weather and for maintenance and upgrades on the construction vessel. The Greenlink Interconnector will link the southeast of Ireland, from Great Island, County Wexford to South-we

about 2 years ago
NYK
Business Developments & Projects

NYK breaks ground on in-house biofuel testing hub

On Monday, January 29, Japanese shipping major NYK Group broke ground on a test engine facility, aimed at evaluating the safety and practical application of biofuels for maritime use. The company’s latest venture towards sustainable shipping is being constructed in Chiba Prefecture. NYK Group compan

about 2 years ago
PSV Energy Paradise; Source: Golden Energy Offshore Services (GEOS)
Business Developments & Projects

Two vessel gigs land on Norwegian player’s North Sea backlog

Golden Energy Offshore Services (GEOS) has found more work for two platform supply vessels (PSVs) in its fleet by securing a set of new contracts in the North Sea.

about 2 years ago
COSL Promoter; Source: COSL Drilling
Business Developments & Projects

Norwegian oil & gas firm gearing up to spud North Sea wildcat with COSL rig

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 2 years ago
Langh Ship
Business Developments & Projects

Keel laid for Langh Ship’s first next-generation feeder

Finnish shipping company Langh Ship has celebrated a keel laying ceremony for its first of three new 1,200 TEU container vessels.

about 2 years ago
NYK
Business Developments & Projects

NYK gets first transition loan to fund fuel-efficient vessel projects

NYK has secured its first transition syndicated loan to finance projects for reducing greenhouse gas (GHG) emissions such as constructing next-generation fuel vessels.

about 2 years ago
Seatrium delivers 12,000 cbm Brassavola for LNG bunker services in Singapore
Business Developments & Projects

Seatrium delivers 12,000 cbm Brassavola for LNG bunker services in Singapore

Brassavola, a 12,000 cubic meter LNG bunker vessel set to be deployed in the Port of Singapore, has been delivered to Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K. Lines (MOL). The bunker vessel was built by Singapore’s Seatrium, previously known as Sembcorp Marine, which announce

about 2 years ago
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