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View from Åsgard A in the Norwegian Sea; Credit: Ole Jørgen Bratland/Equinor
Business Developments & Projects

As Shell divests its stake in Norway’s ‘largest undeveloped gas discovery,’ Equinor snaps it up

Shell is in the process of selling its interest in a giant gas discovery on the Norwegian Continental Shelf (NCS) to Equinor.

about 2 years ago
Floating solar not yet up to par to be brought into offshore wind tenders, says BP’s Benelux head of offshore wind
Business Developments & Projects

Floating solar not yet up to par to be brought into offshore wind tenders, says BP’s Benelux head of offshore wind

System integration is what is needed for the next leap in offshore wind, however, not all technologies that can integrate with offshore wind farms have the same starting point. Floating solar still has some way to go in becoming more resilient to harsh offshore conditions. On the other hand, hydroge

about 2 years ago
Amogy
Business Developments & Projects

SEAM: Key milestones unlocked in ammonia tugboat retrofit project with Amogy

Ammonia power solutions company Amogy Inc. and system developer and integrator SEAM have revealed that several milestones have been achieved in their retrofitting project of a 1957 tugboat with ammonia-to-power technology. The retrofit involves a comprehensive overhaul of the tugboat’s original dies

about 2 years ago
CSL
Business Developments & Projects

CSL biofuel-run vessels avoided 156,000t of CO2

Canadian shipping company Canada Steam Ship Lines (CSL) has achieved a significant milestone in its Great Lakes biofuel program as it completed a cumulative 75,000 running hours on B100 biofuel over the past four years.

about 2 years ago
Hydrom paves the way for Oman’s green hydrogen growth
Business Developments & Projects

Hydrom paves the way for Oman’s green hydrogen growth

Hydrom, a central and independent entity orchestrating Oman’s national interest in green hydrogen, has signed multiple memorandums of understanding (MoUs) as part of its strategy to propel Oman’s energy transition and green hydrogen growth. During the first day of the Green Hydrogen Summit Oman (GHS

about 2 years ago
DOF charters 2013-built Jones Act vessel for Gulf of Mexico work
Business Developments & Projects

DOF charters 2013-built Jones Act vessel

DOF Group is chartering a 2013-built ultra-light intervention vessel from Bordelon Marine for work in the U.S. Gulf of Mexico. DOF announced the charter of the Jones Act-compliant Connor Bordelon to support the North America operation in the U.S. Gulf of Mexico for a one-year term with a one-year op

about 2 years ago
MPA Singapore
Business Developments & Projects

MPA Singapore invites proposals for methanol bunker supply

The Maritime and Port Authority of Singapore (MPA) has called for an Expression of Interest (EOI) for the supply of methanol as a marine bunker fuel in the Port of Singapore. The EOI seeks to gather proposals for end-to-end methanol bunkering solutions, scheduled to be implemented in Singapore in 20

about 2 years ago
COP28 UAE
Business Developments & Projects

COP28’s ‘historic package’: Writing on the wall that spells end of fossil fuel era or new opportunity for gas and LNG players?

A deep dive into the outcome of COP28 climate talks, which some see as a climate win while other perceive it to be a backdoor for more gas and LNG projects.

15 minutes read
WaveBeat wave energy device at the Port of Tanger-Med in Morocco (Courtesy of ATAREC)
Business Developments & Projects

Interview: Moroccan start-up set to transform power supply of ports with wave energy

Born from the vision of two engineers, the Moroccan start-up Advanced Third Age Renewable Energies Company (ATAREC) has set its sights on exploiting the vast wave energy potential that exists around port breakwaters and other infrastructures exposed to sea, with its full-scale demonstrator already d

about 2 years ago
Hydrotug2
Business Developments & Projects

World’s 1st hydrogen-powered tug launched

The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “Th

about 2 years ago
Artemis Technologies
Business Developments & Projects

Artemis Technologies: Electric foiling boats ready to go global

UK-based maritime design and applied technologies company Artemis Technologies is taking Northern Ireland’s maritime capabilities into an exciting new era as it brings its ‘flying’ electric foiling boats to international markets with £2 million (about $2.5 million) backing from financial services co

about 2 years ago
AIP NACKS LR
Business Developments & Projects

NACKS wins LR approval for methanol-fueled Kamsarmax design

Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier. The design, which was unveiled with the announcement of a joint development project earlier this year, features methanol propulsion and rotor sail ca

about 2 years ago
Yinson Production's FPSO Atlanta during the naming ceremony in Dubai, UAE; Source: Yinson Production
Business Developments & Projects

New addition to Yinson Production’s FPSO fleet named at Dubai Drydocks World – gallery

Yinson Production has held a naming ceremony at Dubai Drydocks World for an FPSO, destined to work at Enauta’s field off the coast of Brazil.

about 2 years ago
Shandong Shipping
Business Developments & Projects

Shandong Shipping orders four methanol-fueled bulkers for charter with Vale

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry.

about 2 years ago
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