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Business Developments & Projects

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DP World
Business Developments & Projects

APMT, DP World: Port electrification is the fastest lane to impact. Hydrogen solutions an outlier, not the norm.

In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution:

about 2 years ago
Trendsetter delivers subsea equipment for Woodside in Gulf of Mexico
Business Developments & Projects

Trendsetter delivers subsea equipment for Woodside in Gulf of Mexico

Texas-based oil and gas services company Trendsetter Engineering has completed the delivery of subsea equipment for Woodside Energy’s field in the Gulf of Mexico, recently brought on stream. Under the contract secured in 2021, the Houston-headquartered company delivered two subsea manifolds, two hig

about 2 years ago
A photo of the rotor of GE's Haliade-X offshore wind turbine
Business Developments & Projects

PGE and GE to test green hydrogen production using offshore wind turbine

PGE Polska Grupa Energetyczna and GE have signed an agreement for the development of a project aimed at testing the production of green hydrogen using a GE offshore wind turbine. In the planned project, hydrogen would be produced in an electrolyzer using electricity generated from the latest GE wind

about 2 years ago
APM Terminals
Business Developments & Projects

Global container handling equipment’s emissions match Slovenia’s 2020 CO2 output

The global fleet of 100,000-120,000 container handling equipment (CHE) is responsible for 10-15 million tonnes of carbon dioxide per annum, the equivalent of the annual emissions of Slovenia in 2020. Electrification of port operations through battery-electric CHE holds the key to a net zero future,

about 2 years ago
OKEA finds oil in Norwegian North Sea
Business Developments & Projects

OKEA finds oil in Norwegian North Sea

Norwegian oil and gas company OKEA has made an oil discovery near the Brage field in the North Sea. According to the Norwegian Petroleum Directorate (NPD), between 0.2 and 0.5 million Sm3 of recoverable oil was proven in connection with drilling well 31/4-A 13 E in the northern part of the North Sea

about 2 years ago
Finland pledges funding for IMO-GreenVoyage2050 project
Business Developments & Projects

Finland pledges funding for IMO-GreenVoyage2050 project

The Government of Finland has pledged funding worth €150,000 to the IMO-GreenVoyage2050 project which supports developing countries in their efforts to reduce Greenhouse Gas (GHG) emissions from ships and in ports.

about 2 years ago
Lloyd’s Register to class North Star’s two VARD-built methanol-ready CSOVs
Business Developments & Projects

Lloyd’s Register to class North Star’s two VARD-built methanol-ready CSOVs

Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support ves

about 2 years ago
Scots present new low-cost blade as ‘step change’ for tidal energy
Business Developments & Projects

Scots present new low-cost blade as ‘step change’ for tidal energy

The design engineers from the University of Edinburgh, together with Tocardo Turbines, have manufactured a new tidal turbine blade which could lead to the reduction of the levelized cost of tidal energy. The blade was manufactured in Scotland for the first time and more cheaply than before, with the

about 2 years ago
Italy's Saipem gives out €300 million contract to compatriot company
Business Developments & Projects

Italy’s Saipem gives out €300 million contract to compatriot company

Italy’s Rosetti Marino has secured an engineering, procurement and construction (EPC) contract, said to be worth more than €300 million, with compatriot Saipem for work offshore Libya. Under the contract, Rosetti Marino is in charge of the construction of a gas recovery module (GRM) of approximately

about 2 years ago
Bureau Veritas
Business Developments & Projects

Sea Forrest wins BV approval for marine battery system

Singapore-based provider of marine electric propulsion and energy management solutions Sea Forrest (SF) has obtained type approval from Bureau Veritas (BV) for its SEAGEN 11 marine propulsion battery module system. SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to

about 2 years ago
First Dutch large-scale CCS project to sport MAN technology
Business Developments & Projects

First Dutch large-scale CCS project to sport MAN technology

Just shortly after Allseas was awarded a contract for the project, MAN Energy Solutions secured work for the first large-scale carbon capture and storage (CCS) project in the Netherlands. MAN Energy Solutions will deliver three integrally-geared compressor trains (IGC) for the Porthos (Port of Rotte

about 2 years ago
Saudi Arabia and Korea shake hands on clean hydrogen cooperation
Business Developments & Projects

Saudi Arabia and Korea shake hands on clean hydrogen cooperation

Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t

about 2 years ago
South China Sea oilfield begins producing
Business Developments & Projects

South China Sea oilfield begins producing

Chinese oil and gas giant CNOOC Limited has commenced production from an oilfield development located in the South China Sea. CNOOC reported on October 25 that the Enping 18-6 oilfield development project had commenced production. The project is located in the Pearl River Mouth Basin of the South Ch

about 2 years ago
TotalEnergies commissions LNG FSRU in Le Havre
Business Developments & Projects

TotalEnergies commissions LNG FSRU in Le Havre

France-headquartered energy major TotalEnergies has announced the commissioning of the Cape Ann, the floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The company informed that the terminal injected its first megawatt-hours (MWh) of gas

about 2 years ago
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