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Business Developments & Projects

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First steel cut for new Nexans cable-layer
Business Developments & Projects

First steel cut for new Nexans cable-layer

Ulstein Verft and Nexans have cut the first steel for Nexans’ new cable-laying vessel (CLV), four months after signing the shipbuilding contract. On January 19, on the day four months after signing the shipbuilding contract, Nexans Marine Operations and Ulstein Verft celebrated the start of the cons

about 2 years ago
ABB
Business Developments & Projects

ABB strengthens ship route optimization offer with DTN buy

Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.

about 2 years ago
Qingdao Beihai Shipbuilding
Business Developments & Projects

Qingdao Beihai hands over final LNG-powered bulker to H-Line

Chinese shipbuilder Qingdao Beihai Shipbuilding, part of China State Shipbuilding Corporation, has delivered the third 210,000-ton LNG dual-fuel bulk carrier to South Korea’s H-Line Shipping. The Newcastlemax, named HL Trust, is the final LNG-powered bulk carrier in a series of three vessels ordered

about 2 years ago
Clair Ridge platform; Source: BP
Business Developments & Projects

Strike action threatens to engulf workers on multiple offshore platforms in UK waters

The offshore workers are pondering whether to go on a strike in a bid to improve their work-life balance.

about 2 years ago
Malaysia’s first large-scale green hydrogen project to use floating solar power
Business Developments & Projects

Malaysia’s first large-scale green hydrogen project to use floating solar power

Malaysian company Semarak Renewable Energy (RE) and China Hydropower (Malaysia), a subsidiary of PowerChina, have signed an agreement to develop Malaysia’s first large-scale green hydrogen production project using floating photovoltaic power generation. The agreement is worth a total of MYR1.88 bill

about 2 years ago
seafarers on a containership
Business Developments & Projects

Neglected at sea: Seafarer abandonment surges, showing once again that critical ‘S’ is missing in sustainability

In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from

about 2 years ago
HMM
Business Developments & Projects

First of twelve 13,000 TEU LNG-ready boxships joins HMM

South Korean shipping major HMM has taken delivery of the first of twelve new LNG-ready 13,000 containerships.

about 2 years ago
Shenandoah FPS concept; Source: Navitas
Business Developments & Projects

As US firm lands Gulf of Mexico FPS commissioning gig, first oil still on track for late 2024

Gate Energy has tucked a commissioning execution contract under its belt for the U.S. portion of an FPS project destined for a field in the Gulf of Mexico.

about 2 years ago
McDermott and Baker Hughes install subsea infrastructure for Inpex off Australia
Business Developments & Projects

Japanese gas firms join Masdar and Inpex for e-methane production study

Japan’s Tokyo Gas and Osaka Gas have signed a collaboration agreement with Abu Dhabi Future Energy Company – Masdar and Japan’s Inpex Corporation to conduct a joint feasibility study on e-methane production in Abu Dhabi in the United Arab Emirates (UAE). According to Inpex, through the initiative, T

about 2 years ago
ACE platform on ACG field; Source: BP
Business Developments & Projects

BP embarks on its ‘largest-ever’ seismic program at supergiant oilfield

BP has set a major four-dimensional (4D) high-definition ocean bottom node seismic program in motion at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 2 years ago
France's new lab for tidal turbine development opens its doors
Business Developments & Projects

France’s new lab for tidal turbine development opens its doors

France’s Ifremer and HydroQuest have set up a joint laboratory for the development of offshore tidal turbines. Supported by the National Research Agency, the goal of the laboratory is to develop analysis tools and support for the design of tidal turbines adapted to marine constraints. Ifremer and Hy

about 2 years ago
Tsakos
Business Developments & Projects

TEN takes delivery of all LNG-powered vessels, eyes fleet growth opportunities

Greek shipowner TEN has taken delivery of LNG-powered aframax tankers, the Chios DF and the Ithaki DF, the last remaining vessels in a series of four eco-designed tankers built against long-term employment to a major oil concern. The first two vessels from the series, Njord DF and Ran DF, were deliv

about 2 years ago
Siemens Gamesa taps Acteon for subsea services at German offshore wind farm
Business Developments & Projects

Siemens Gamesa taps Acteon for subsea services at German offshore wind farm

UTEC, a geo-services brand in Acteon’s Data and Robotics division, has been awarded a contract by Siemens Gamesa Renewable Energy (SGRE) to provide subsea balance of plant operations and maintenance (O&M) services to the German Butendiek offshore wind farm. Under the three-year contract, Acteon will

about 2 years ago
Deepsea Bollsta rig, formerly known as West Bollsta; Source: Odfjell Drilling
Business Developments & Projects

Three Odfjell Drilling-managed rigs are hard at work offshore Namibia

Three rigs are carrying out operations for three giant oil and gas players – the UK’s Shell, France’s TotalEnergies, and Portugal’s Galp – offshore Namibia.

about 2 years ago
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