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Business Developments & Projects

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FPSO concept; Source: ABB
Business Developments & Projects

MODEC puts Swiss player in charge of topside and hull electrical systems for ExxonMobil’s Guyana-bound FPSO

ABB has been hired for the delivery of a complete electrical system and associated digital solutions on ExxonMobil’s Guyana-bound FPSO.

about 2 years ago
Recently, Seaturns launched a wave energy demonstrator offshore France, at Ifremer’s sea trials site in Sainte-Anne du Portzic, near Brest.
Business Developments & Projects

Fugro’s PSV becomes geotechnical survey vessel at Ulstein Verft

Ulstein Verft has completed the conversion of a 2015-built platform supply vessel (PSV) into a geotechnical survey vessel for Fugro, representing one out of two vessel transformation tasks it has on its to-do list. Ulstein Verft finished the conversion of the Fugro Resilience at the end of 2023, on

about 2 years ago
Gold Star rig; Source Keppel
Business Developments & Projects

Five-year gig for Constellation’s three rigs takes Norwegian firm to Brazil

HMH has entered into a long-term contractual services agreement (CSA) with Constellation Oil Services, a Brazilian drilling contractor.

about 2 years ago
Mitsubishi HC Capital to acquire 20% stake in European Energy
Business Developments & Projects

Mitsubishi HC Capital to acquire 20% stake in European Energy

Denmark’s European Energy and Japan’s Mitsubishi HC Capital have entered into an agreement in which Mitsubishi will acquire a 20% stake in European Energy. Specifically, Mitsubishi HC Capital will subscribe to approximately 72 million new shares in European Energy, and additionally, will purchase ar

about 2 years ago
methanol bunkering
Business Developments & Projects

China debuts its first methanol bunkering vessel

On January 13, 2024, China’s inaugural methanol bunkering ship, Hai Gang Zhi Yuan, embarked on its maiden voyage, following a conversion process at Zhoushan Putuo Changhong Shipbuilding Co. The ship left for Shanghai Port where it was put in operation as an integral part of Shanghai Port Clean Energ

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

Chevron: Diversity is the mother of all future energy mix formulas

Chevron is convinced that all energy sources will be needed in the future to meet the growing demand and ensure the security of supply.

about 2 years ago
Wellem Group/BYD
Business Developments & Projects

Wallem to commercially manage BYD’s new dual-fuel PCTC

Hong Kong-based ship management group Wallem Group has partnered with Chinese electric vehicle (EV) automaker BYD by providing commercial services for its first fully chartered pure car, truck carrier (PCTC) vessel, MV BYD Explorer No. 1.

about 2 years ago
CIP launches new company for energy island development
Business Developments & Projects

CIP launches new company for energy island development

Denmark’s Copenhagen Infrastructure Partners (CIP) will launch a new company dedicated to developing energy islands globally with backing from Nordic, European, and North American investors. Named Copenhagen Energy Islands (CEI), the new company will build on CIP’s long-standing experience within of

about 2 years ago
Prototype of Seaturns at Sainte Anne Portzic
Business Developments & Projects

Seaturns setting the stage for full-scale production with start of wave energy prototype testing

After validating its technology in European wave basins at a small scale, French start-up Seaturns is now progressing to the next stage by starting tests on a 1:4-scale prototype at the Ste Anne du Portzic site in Brittany, France. Seaturn installed the demonstrator at the Ifremer test site in Octob

about 2 years ago
Northern Lights
Business Developments & Projects

Northern Lights breaks new ground: First-of-their-kind LCO2 carriers fitted with cargo tanks

In a pioneering feat of engineering, Northern Lights, a joint venture company of energy giants Shell, Equinor, and TotalEnergies, shared a new milestone in the construction of the company’s liquefied CO2 (LCO2) carriers. Namely, the company’s first two vessels have been installed with custom-built 7

about 2 years ago
Noble Resilient (former Maersk Resilient) harsh-environment jack-up rig was used to spud the Pensacola well; Source: Maersk Drilling
Business Developments & Projects

Shell’s North Sea gas discovery seen as ‘regionally significant hydrocarbon accumulation’

A recent competent person’s report (CPR) of Shell’s North Sea discovery has illustrated the commercial potential of the discovery.

about 2 years ago
Samsung C&T orders €5 million electrolyser equipment from Nel
Business Developments & Projects

Samsung C&T orders €5 million electrolyser equipment from Nel

Nel Hydrogen Electrolyser, a subsidiary of Nel ASA, has signed a contract for 10 MW of alkaline electrolyser equipment for about €5 million with Samsung C&T Corporation Engineering & Construction Group for the latter’s first off-grid green hydrogen production project to be deployed in South Korea. N

about 2 years ago
H2SEA studies monopile-based structures for hydrogen offshore wind turbines
Business Developments & Projects

H2SEA studies monopile-based structures for hydrogen offshore wind turbines

Dutch engineering company H2SEA, in cooperation with the Delft University of Technology (TU Delft), has performed an assessment of monopile-based support structures for hydrogen-producing offshore wind turbines. H2SEA says that one of the main questions was if decentral hydrogen production on a mono

about 2 years ago
NAPA
Business Developments & Projects

HD Hyundai Heavy, NAPA and CADMATIC team up on ‘digital shipyard’

South Korea’s HD Hyundai Heavy Industries, the world’s largest shipyard, has announced a joint development project (JDP) with Finnish maritime software companies NAPA and CADMATIC to accelerate the digital transformation of the shipbuilding industry.

about 2 years ago
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