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Business Developments & Projects

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COSCO Shipping energy DSIC
Business Developments & Projects

Sinopec and Cosco Shipping order three 175,000 cbm LNG carriers at Dalian

Chinese powerhouses Cosco Shipping Energy and Sinopec Kantons Holdings, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), have signed an order for the construction of three 175,000 cbm liquified natural gas carriers with the compatriot shipbuilder Dalian Shipbuilding Industry Co. Det

about 3 years ago
Thialf crane vessel; Source: Heerema Marine Contractors
Business Developments & Projects

Port of Blyth’s largest oil & gas decom gig underway for three North Sea platforms

Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms

about 3 years ago
Noble Valiant drillship; Source: Noble Corp
Business Developments & Projects

Noble drillship gets new job in Gulf of Mexico

Offshore drilling contractor Noble Corporation has secured a new contract for one of its seventh-generation drillships in the U.S. Gulf of Mexico.

about 3 years ago
SCZONE
Business Developments & Projects

Egyptian President clears East Port Said container terminal 2 concession deal with Maersk

Egyptian President Abdel Fattah El- Sisi signed the law of the concession for Container Terminal 2 in East Port Said Port to the Suez Canal Container Terminal (SCCT), majority owned and operated by Maersk’s terminal brand APM Terminals. The contract includes financing, design, development, managemen

about 3 years ago
COSL Prospector rig; Credit: COSL Drilling Europe
Business Developments & Projects

Another rig deal for COSL as exploration activity heats up off Norway

Vår Energi has picked a sixth-generation semi-submersible rig from COSL Offshore Management for drilling operations in the Barents Sea.

about 3 years ago
IUMI: EV-caused fires are not more frequent than in conventional vehicles
Business Developments & Projects

IUMI: EV-caused fires are not more frequent than in conventional vehicles

The International Union of Marine Insurance (IUMI) has published recommendations on the safe carriage of electric vehicles (EVs) amid growing concerns within the shipping community, including marine underwriters, about fires breaking out on car carriers and roros with the assertion that many of thes

about 3 years ago
World Energy GH2 secures land approval for its green hydrogen project
Business Developments & Projects

World Energy GH2 secures land approval for its green hydrogen project

Canadian renewable energy company World Energy GH2 has been granted approval of Crown land application by the province of Newfoundland and Labrador for its large-scale green hydrogen project – Project Nujio’qonik. The company said that the land approval marks its latest major achievement and propels

about 3 years ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan; Source: SOCAR
Business Developments & Projects

TotalEnergies inaugurates gas field while anticipating enrichment of Azerbaijan’s transition arsenal with renewables and energy storage

TotalEnergies has held an inauguration ceremony for a gas and condensate field, which recently came on stream in the Caspian Sea.

about 3 years ago
VM Filtree system Value Group
Business Developments & Projects

Shell Ventures invests in Value Group

Dutch sustainability firm Value Group, which brings together sister companies Value Maritime and Value Carbon, revealed that Shell Ventures has joined Value Group’s investor base to accelerate and expand Value Group’s carbon capture utilisation and storage strategy. Shell Ventures, the corporate ven

about 3 years ago
GasLog’s entire LNG carrier fleet to sport smart shipping solution
Business Developments & Projects

GasLog’s entire LNG carrier fleet to sport smart shipping solution

GasLog, owner and operator of LNG carriers, has decided to equip its entire fleet with a smart shipping solution from GTT Group brand, Ascenz Marorka. Under the contract with GasLog, Ascenz Marorka will equip the shipowner’s entire fleet of more than 35 LNG carriers with its Smart Shipping solution.

about 3 years ago
Illustration/Verdant Power’s RITE Project (Courtesy of US DOE/ Photo by Paul Komosinski, Drone Altitude/for NREL)
Business Developments & Projects

US government to fund research to improve offshore wind and marine energy deployments

The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States.

about 3 years ago
CSV Normand Superior; Source: Solstad Offshore
Business Developments & Projects

More time for Solstad’s subsea vessel with Ocean Infinity

Norwegian offshore vessel owner Solstad Offshore has secured a contract extension with Ocean Infinity for one of its construction support vessels (CSVs).

about 3 years ago
FPSO Abo; Source: BW Offshore
Business Developments & Projects

BW Offshore FPSO staying longer off Nigeria

Eni has agreed on another short-term contract extension with BW Offshore for an FPSO, which is working on a field offshore Nigeria.

about 3 years ago
Havila Subsea (Source: Havila Shipping)
Business Developments & Projects

Reach Subsea prolongs Havila vessel’s work assignment

Reach Subsea has exercised an option to extend the existing contract for one of Havila Shipping’s IMR, survey, and construction vessels.

about 3 years ago
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