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Business Developments & Projects

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Bar Technologies CMET
Business Developments & Projects

BARTech unveils partnership with CMET as it parts ways with Yara Marine in WindWings shift

Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a

about 2 years ago
Ulstein Verft and Nexans return to Red Rock for crane package
Business Developments & Projects

Ulstein Verft and Nexans return to Red Rock for crane package

Following the delivery of equipment for Nexans Aurora, Ulstein Verft has awarded Red Rock with another contract to provide an upgraded crane package for Nexans’ new cable-lay vessel (CLV). The new CLV will have a deck capacity of 10.000t of cable, an under-deck capacity of 3.500t cable, and will be

about 2 years ago
New partnership to support renewable energy development on Baltic islands
Business Developments & Projects

New partnership to support renewable energy development on Baltic islands

The Baltic islands of Bornholm, Gotland and Åland have signed a letter of intent (LoI) to work together on easing the islands’ shift to sustainable energy. According to Baltic Energy Island, the agreement focuses on the exchange of knowledge and the strengthening of local democratic engagement, reco

about 2 years ago
COSL Prospector rig; Source: Canarship
Business Developments & Projects

COSL rig leaves Las Palmas and heads to Norway – gallery

Canarship has revealed that a sixth-generation semi-submersible rig from COSL Drilling Europe is now on its way to Norway.

about 2 years ago
DeepOcean-chartered Volantis performs its first task in US waters
Business Developments & Projects

DeepOcean-chartered Volantis performs its first task in US waters

After introducing its jet trenching system to the U.S. market, DeepOcean has completed the burial of a fuel support pipeline in the US Gulf of Mexico for Genesis Energy. DeepOcean’s trenching system, UT-1, was utilized for the burial of a portion of the High Island A5 fuel support pipeline. Accordi

about 2 years ago
€3M push for French consortium developing subsea resident patrol technologies
Business Developments & Projects

€3M push for French consortium developing subsea resident patrol tech

A French consortium comprising three partners has secured a €3 million grant to develop and qualify subsea resident patrol technologies. The consortium is made of Ifremer, a French research institute dedicated to the ocean, FinX, a start-up specialized in bio-inspired underwater thrusters, and led b

about 2 years ago
Uranus rig carried out Trillion's 2022 – 2023 drilling campaign at SASB; Source: Trillion Energy
Business Developments & Projects

Canadian firm pursuing artificial lift solutions for giant gas play off Türkiye

Trillion Energy is deploying artificial lift solutions at a natural gas field in the Black Sea off Türkiye to monetize the reserves for sale.

about 2 years ago
RINA ammonia bunkering vessel
Business Developments & Projects

RINA partners with Gas and Heat on ammonia-fuelled bunker vessel

Italian classification society RINA has teamed up with Gas and Heat, a compatriot company specializing in the design and construction of cargo handling systems, on the development of a cargo and fuel gas system for an ammonia-fuelled bunker vessel. Within this agreement, Gas and Heat will develop th

about 2 years ago
Expro secures CCUS work on Japan’s first clean hydrogen production demo project
Business Developments & Projects

Expro secures CCUS work on Japan’s first clean hydrogen production demo project

Energy services provider Expro has secured a contract with INPEX Corporation covering carbon capture utilization and storage (CCUS) for Japan’s first clean hydrogen production demonstration project, also known as the Kashiwazaki Clean Hydrogen/Ammonia project. Under the contract, Expro will deliver

about 2 years ago
berg propulsion Chemfleet
Business Developments & Projects

10% fuel savings prompts Chemfleet to fit 3 more ships with Berg efficiency upgrade

Istanbul-headquartered specialized ship manager Chemfleet revealed that it has achieved around 10% in fuel savings after installing an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda. The Swedish propulsion company said that the replacement of the existing control

about 2 years ago
Energy Endurance joins Alpha Gas’ LNG carrier fleet
Business Developments & Projects

Energy Endurance joins Alpha Gas’ LNG carrier fleet

South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has delivered a newbuild LNG carrier, Energy Endurance, to Greek ship management company Alpha Gas. Alpha Gas announced the delivery of the 174,000 cubic meter LNG carrier on January 23, 2024. The vessel was launched in the summer of 2023.

about 2 years ago
Optime Subsea team and RCOS
Business Developments & Projects

Norwegian subsea firm bringing ROCS system to Equinor’s giant UK oil & gas field

Norwegian state-owned energy giant Equinor has hand-picked Optime Subsea, a compatriot provider of subsea solutions for the oil & gas industry, for the delivery of the remote operated controls system (ROCS), which will be used on a big oil & gas field located in the UK waters. The ROCS system is sai

about 2 years ago
Longitude Engineering gets subsea contract for Egyptian gas field
Business Developments & Projects

Longitude Engineering gets subsea contract for Egyptian gas field

London-headquartered engineering consultancy Longitude Engineering, part of ABL Group, has won a contract to deliver design and engineering services for the subsea development at a gas field located offshore Egypt. Longitude Engineering will provide detailed design and engineering services for the s

about 2 years ago
MAN Cryo
Business Developments & Projects

MAN Cryo wins nod from DNV, BV for ammonia fuel supply system

MAN Cryo, part of Germany’s engine producer MAN Energy Solutions, revealed that its design for an ammonia fuel-supply system has been awarded Approval in Principle (AiP) from classification societies DNV and Bureau Veritas.

about 2 years ago
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