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Business Developments & Projects

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Lease agreement in for North Sea carbon capture and storage project
Business Developments & Projects

Lease agreement in for North Sea carbon capture and storage project

The UK’s Crown Estate has awarded an agreement for lease for what could become one of the world’s largest carbon capture and storage (CCS) projects. The agreement for lease will allow BP, as the lead operator, to further progress the planned Endurance CCS project, a reservoir in the North Sea that w

about 2 years ago
Port of Rotterdam backs ZEMBA with incentive for sustainable shipping fuels
Business Developments & Projects

Port of Rotterdam backs ZEMBA with incentive for sustainable shipping fuels

The Port of Rotterdam has announced a port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the Zero Emissions Maritime Buyers Alliance (ZEMBA). The Port of Rotterdam highlighted ZEMBA’s recent launch of a request for proposals for the transport of 600,000 twenty-foot c

about 2 years ago
Allseas wins pipelay contract for BP's 'biggest project'
Business Developments & Projects

Allseas wins pipelay contract for BP’s ‘biggest project’

UK energy giant BP has awarded Allseas with a contract to perform the subsea pipelay scope for the Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. The contract includes the installation of circa 75 kilometers outstanding on the two 16-inch export pipelines with fiel

about 2 years ago
Welsh minister for climate change Julie James in Pembrokeshire (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh minister for climate change takes Pembrokeshire marine energy tour

The Welsh government’s minister for climate change Julie James has visited south-west Wales to see first-hand the work being done in Pembrokeshire to advance the development of renewables, including marine energy.

about 2 years ago
Mermaid Maritime secures $485 million in multiple new contracts
Business Developments & Projects

Mermaid Maritime secures $485 million in multiple new contracts

Thailand-headquartered subsea services provider Mermaid Maritime has secured multiple new contracts with a combined value of approximately $485 million. Mermaid Maritime reported that its subsidiaries had secured multiple new offshore project awards in Thailand, the Middle East, Western Sub Sahara,

about 2 years ago
ADNOC
Business Developments & Projects

ADNOC turns to drones to slash emissions and ‘future-proof’ onshore & offshore ops

ADNOC has joined forces with EDGE to deploy UAE-made drones across its onshore and offshore operations to curb its emission footprint.

about 2 years ago
CMA CGM
Business Developments & Projects

CMA CGM to launch startup accelerator in UK

French shipping major CMA CGM Group plans to launch ZEBOX UK, a global startup accelerator, in Manchester this month. The Manchester-based startup accelerator is ZEBOX’s sixth innovation hub in the world, focusing on operational efficiency, decarbonization, future of work and artificial intelligence

about 2 years ago
Thecla Bodewes Shipyards
Business Developments & Projects

Carisbrooke Shipping orders eco dry cargo ship from Thecla Bodewes

UK shipowner Carisbrooke Shipping has signed a shipbuilding contract with Dutch shipbuilder Thecla Bodewes Shipyards for the construction of a Labrax 7,280 dwt diesel-electric multipurpose dry cargo vessel. The ship will be fitted with a diesel-electric propulsion system in combination with the adva

about 2 years ago
Tommeliten A; Source: ConocoPhillips
Business Developments & Projects

All-systems-go for ConocoPhillips to bring online cross-border North Sea project

Norwegian authorities have given their blessing for the start-up of the ConocoPhillips-operated cross-border field in the North Sea.

about 2 years ago
HMD
Business Developments & Projects

Gunvor and Solvang form JV, order five carbon capture-ready VLGCs

Geneva-based energy trading firm Gunvor Group and Norwegian shipping company Solvang ASA have formed a joint venture to own and operate next-generation eco-vessels for the liquefied petroleum gas (LPG) market. The joint venture has placed an order for five very large gas carrier (VLGC) newbuilds wit

about 2 years ago
China's first subsea cable shuttle barge hits the water
Business Developments & Projects

China’s first subsea cable shuttle barge hits the water

Chinese power cable specialist Orient Cable has held the launch ceremony for what is said to be China’s first dedicated long-range heavy subsea cable shuttle barge. The barge, named Dongfang Haigong 07 (DFHG 07), is designed to transport various types of subsea cables, including those for offshore w

about 2 years ago
Gen2 Energy & SEFE move forward with Norway to Germany H2 import deal
Business Developments & Projects

Gen2 Energy & SEFE move forward with Norway to Germany H2 import deal

Norwegian Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), via its subsidiary WINGAS, have signed a transaction term sheet for the delivery of green hydrogen. Gen2 Energy said the sheet defines the terms and conditions for a final sales and purchasing agreement and represents a major ste

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

ADNOC sanctions giant gas development designed to run with net-zero CO2 emissions

ADNOC) has made a final investment decision and awarded of batch of contracts for a giant gas development, which aims to operate with net-zero carbon dioxide (CO2) emissions.

about 2 years ago
COSCO Shipping Taurus
Business Developments & Projects

COSCO’s boxship first to plug into shore power at HHLA CTT

The shore power system at HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany was officially inaugurated with the successful supply of shore power to COSCO Shipping Taurus during a ship integration test this week, marking a significant milestone in its practical application. COSCO Shipping s

about 2 years ago
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