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Nova Innovation's facility in Edinburgh (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation secures €20M from EU for 4MW tidal energy project

Nova Innovation has won EU funding for a 4MW tidal energy farm that will be home to the largest number of tidal turbines anywhere in the world.

about 2 years ago
Pilbara
Business Developments & Projects

RINA teams up with PCF, Oceania on low-carbon LNG production and bunkering project in Port Hedland

Pilbara Clean Fuels (PCF), Oceania Marine Energy, and Italy’s classification society RINA have signed a Memorandum of Understanding (MoU) to develop an ‘end-to-end’ low-carbon profile LNG production and marine vessel bunkering capability concept for the port of Port Hedland. The three companies plan

about 2 years ago
GRSE
Business Developments & Projects

India’s GRSE partners with Shift Energy and SeaTech Solutions to build electric tugs

Indian defense shipyard Garden Reach Shipbuilders and Engineers (GRSE) has signed a Memorandum of Understanding (MoU) with Shift Energy Group, SeaTech Solutions International Pte Ltd, and the American Bureau of Shipping (ABS) to develop Electric Tugs, named E-VOLT 50. The deal is part of India’s amb

about 2 years ago
Xlinks
Business Developments & Projects

TotalEnergies dishes out millions for stake in huge renewable Morocco-UK power project

TotalEnergies has expanded its portfolio by acquiring a minority stake in Xlinks First Limited, a company founded in 2019 in the UK.

about 2 years ago
Wärtsilä
Business Developments & Projects

Wärtsilä joins USA’s first zero-emission high-speed ferries project

Finnish technology group Wärtsilä has signed a strategic partnership agreement to provide its fleet electrification and systems integrator services for a project to build the first zero-emission high-speed ferries in the USA.

about 2 years ago
HD Hyundai Heavy Industries orders GTT’s tank design for new LNG carriers
Business Developments & Projects

HD Hyundai Heavy Industries orders GTT’s tank design for new LNG carriers

French LNG containment specialist GTT has secured a new order from South Korean shipyard HD Hyundai Heavy Industries (HHI) for the tank design of two new LNG carriers. The order is related to two LNG carriers being built for an undisclosed European shipowner. Each vessel will offer a capacity of 174

about 2 years ago
Kraken Robotics
Business Developments & Projects

Survey deal for buried subsea pipelines knocks on Kraken Robotics’ door

Kraken Robotics has been hired by an undisclosed company for a specialized sub-seabed survey to map the exact location and integrity of buried pipelines.

about 2 years ago
Aegean Shipping Management
Business Developments & Projects

Aegean Shipping Management ups the ante with LR2 ice-class tanker order at COSCO

Greek shipowner Aegean Shipping Management has entered into a pact with COSCO Shipping Heavy Industry Yangzhou for the construction of two LR2 ice-class tankers, each boasting a carrying capacity of 114,000 deadweight tons (dwt). The contract brings the total number of vessels constructed at COSCO b

about 2 years ago
Terna
Business Developments & Projects

€307 million set aside for Italy-Tunisia subsea interconnection

The signing of the grant agreement for the Italy-Tunisia electricity interconnection has been welcomed by Terna and Steg.

about 2 years ago
FPSO Anasuria; Source: Hughes Subsea
Business Developments & Projects

Hughes Subsea plays ‘pivotal role’ in topside and subsea work scopes for North Sea FPSO

Hughes Subsea has won a contract to provide daughter-craft diving services for an FPSO vessel operating in the North Sea.

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

McDermott gets new job on Shell’s gas project

McDermott has been awarded a limited notice to proceed in regards to an EPCI contract from Shell for a gas project off Trinidad and Tobago.

about 2 years ago
NAGA 8 rig; Source: Velesto Energy
Business Developments & Projects

Velesto jack-up rig picks up multi-million extension deal for drilling work in Asia

Velesto has been awarded a long-term contract extension with an estimated value of $74 million for one of its jack-up drilling rigs by Carigali Hess Operating Company.

about 2 years ago
Hudong-Zhonghua
Business Developments & Projects

Hudong-Zhonghua delivers scrubber-fitted ONE Fantastic

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has handed over a new 15,500 TEU containership to Seaspan Corporation, a ship manager and owner located in Hong Kong and the Marshall Islands.

about 2 years ago
Mein Schiff Relax
Business Developments & Projects

Fincantieri launches LNG-powered Mein Schiff Relax

Italian shipbuilder Fincantieri has launched Mein Schiff Relax, the inaugural vessel of the inTUItion class, a series of two LNG dual-fuel cruise ships being built for TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises. The vessel, utilizing Liquid Natural Gas (LNG) and Marine G

about 2 years ago
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