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Portsmouth International Port
Business Developments & Projects

Portsmouth Port powers up with solar

Portsmouth International Port has completed the installation of its new solar and battery system which is now fully operational. The system is comprised of 2,660 solar panels, providing an impressive 35% of the site’s electricity, enabling the port to move one step closer to becoming one of the UK’s

about 3 years ago
El Musel LNG terminal welcomes first commercial ship
Business Developments & Projects

El Musel LNG terminal welcomes first commercial ship

Energy major Enagás has announced that the El Musel LNG terminal in Gijón, Spain, has received power major Endesa’s first vessel, the 180,000 m3 capacity Gaslog Warsaw, following the final technical tests required before the plant’s commercial commissioning. According to Enagás, on 31 July, followin

about 3 years ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Business Developments & Projects

Equinor gearing up to drill North Sea prospect with Transocean rig

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 3 years ago
Denmark postpones second tender for offshore CO2 storage licenses
Business Developments & Projects

Denmark postpones second tender for offshore CO2 storage licenses

The Danish Energy Agency has postponed the second tender round for the award of offshore CO2 storage licenses in the North Sea. The tender was set to open on 15 August according to the executive order on CO2 storage license tenders. In line with the Agreement on the framework for CO2 storage in Denm

about 3 years ago
SHI’s ammonia fuel supply system for oil tanker and containership wins ClassNK’s approval
Business Developments & Projects

SHI’s ammonia fuel supply system for oil tanker and containership wins ClassNK’s approval

South Korean shipbuilder Samsung Heavy Industries (SHI) has secured approval in principle (AiP) from ClassNK for its ammonia fuel supply system developed for oil tanker and containership. ClassNK said it carried out a review of a conceptual design of the system developed by SHI based on part C of it

about 3 years ago
Transocean Endurance rig (for illustration purposes); Source: Transocean
Business Developments & Projects

US offshore rig count goes down to 18 units

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States slipped down a notch last week.

about 3 years ago
LNG carrier
Business Developments & Projects

Clarksons: South Korean yards reclaim throne in orders, while China claims dominance in ship owning

South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.4

about 3 years ago
Wison Offshore & Marine boasts world’s largest SPB LNG tank
Business Developments & Projects

Wison Offshore & Marine boasts world’s largest SPB LNG tank

Shanghai-based Wison Offshore & Marine has completed the final assembly of what it claims to be the world’s largest self-supporting prismatic shape IMO type B tank (SPB) for storing LNG. The company announced the milestone via social media on 11 August. As disclosed, the assembly was completed at Wi

about 3 years ago
Terntank
Business Developments & Projects

Construction of Terntank’s wind/methanol-ready tankers begins in China

China Merchants Jinling Shipyard has kicked off construction of wind and methanol-powered 15,000 dwt hybrid tankers ordered by Swedish shipping company Terntank. As disclosed, the first steel cut of the three hybrid tankers took place at the Chinese shipyard on 10 June. Ordered in November 2022, the

about 3 years ago
Scarabeo 5 semi-submersible drilling rig; Source: Saipem
Business Developments & Projects

BP books Saipem for work in Gulf of Mexico while Eni hands out rig conversion deal

Saipem is on a roll, as it lined up its second batch of contracts in two days and its third one since the start of this month.

about 3 years ago
Norvic Copenhagen
Business Developments & Projects

Norvic Shipping expands fleet with energy-efficient Ultramax newbuild

Dry bulk owner and operator Norvic Shipping welcomed into the fleet an energy-efficient Ultramax vessel Norvic Copenhagen from Imabari Shipyard during a recent handover ceremony in Japan. The vessel was taken on charter from Japanese shipowner Fujimaru Kaiun earlier this year as the organization con

about 3 years ago
Underwater life surveys completed for two multi-gigawatt Baltic Sea offshore wind projects
Business Developments & Projects

Underwater life surveys completed for two multi-gigawatt Baltic Sea offshore wind projects

OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it has used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatu

about 3 years ago
Noble Interceptor rig; Source: Noble Corporation
Business Developments & Projects

20 Noble rigs sport digital emission-monitoring solution

Noble reached a new milestone in the fleetwide rollout of Energy Efficiency Insights (EEI), which is now available on 20 rigs in its fleet.

about 3 years ago
QED Naval pursuing tidal resources on UK South Coast with new base
Business Developments & Projects

QED Naval eyes tidal resources on UK South Coast with new base

Scottish marine energy company QED Naval has established an operations base on the UK’s South Coast with the aim of pursuing tidal resources in the area. QED, as part of its EU Interreg Tiger Project, established an operations base at Langstone Harbour, near Portsmouth, to tap into what it says are

about 3 years ago
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