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Business Developments & Projects

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GSL
Business Developments & Projects

Euroseas welcomes into the fleet 2nd eco newbuild

Greek shipowner and operator Eruoseas has taken delivery of its second eco newbuild, M/V Terataki, from Hyundai Mipo Dockyard Co. in South Korea. The M/V Terataki, classified as a 2,800 TEU feeder containership, is compliant with the Energy Efficiency Existing Ship Index (EEDI) Phase 3 standards on

about 3 years ago
Minerva Bunkering conducts 1st bunkering at King Abdullah Port
Business Developments & Projects

Minerva Bunkering conducts 1st bunkering at King Abdullah Port

Swiss marine fuel supplier Minerva Bunkering has expanded its Saudi Arabia Red Sea operations to serve vessels calling King Abdullah Port, having now performed the first bunker delivery ever conducted in the port.

about 3 years ago
Thyssenkrupp Uhde to run feasibility study for Han-Ho H2 hub project
Business Developments & Projects

Thyssenkrupp Uhde to run feasibility study for Han-Ho H2 hub project

Thyssenkrupp Uhde, a Germany-based subsidiary of Thyssenkrupp that specializes in chemical engineering, has been engaged by Ark Energy, an Australian renewable energy company, on behalf of the Han-Ho H2 consortium, to deliver a feasibility study to support the development of the Han-Ho H2 hub projec

about 3 years ago
Sustainable Marine's PLAT-I floating tidal energy platform in Nova Scotia (Courtesy of Sustainable Marine)
Business Developments & Projects

Sustainable Marine Energy sinks into administration

The Edinburgh-based tidal energy company Sustainable Marine Energy has been placed into administration, appointing joint administrators of accountancy and business advisory firm Johnston Carmichael to lead the process.

about 3 years ago
Saipem 7000 semi-submersible crane vessel; Source: Saipem
Business Developments & Projects

Saipem scoops up $1 billion for work on natural gas project off Africa

Saipem has got its hands on a new contract – worth approximately $1 billion – for the development of a gas project off Libya.

about 3 years ago
Subsea upgrade on the agenda for Equinor's Norwegian Sea duo
Business Developments & Projects

Subsea upgrade on the agenda for Equinor’s Norwegian Sea duo

Norway’s state-owned energy giant Equinor has received consent from the Petroleum Safety Authority (PSA) to use upgraded subsea compression facilities on two fields located in the Norwegian Sea. PSA reported on 9 August that it had given its approval to Equinor to use upgraded subsea compression fac

about 3 years ago
Stanlow Terminals, Eni UK to develop CO2 transport and storage projects
Business Developments & Projects

Stanlow Terminals, Eni UK to develop CO2 transport and storage projects

UK’s independent bulk liquid storage provider Stanlow Terminals and Eni UK, UK’s subsidiary of global energy company Eni, have signed a Memorandum of Understanding (MoU) to explore the development of carbon dioxide (CO2) collection, shipping, and storage at the Stanlow Terminal location.

about 3 years ago
Deutsche ReGas: Mukran LNG capacity fully booked
Business Developments & Projects

Deutsche ReGas: Mukran LNG capacity fully booked

Germany’s Deutsche ReGas has completed the procedure for the allocation of long-term regasification capacity for the planned floating LNG terminal in the port of Mukran. The company said the procedure was completed on 7 August and the offered capacity of 4 billion cubic meters (bcm) for a period of

about 3 years ago
FPSO Sepetiba; Source: SBM Offshore
Business Developments & Projects

Two FPSOs still on track for first oil by year-end

SBM Offshore has put its back into several FPSO projects while two of these are still scheduled to achieve the first oil by the end of 2023.

about 3 years ago
FET targets better presence in Brazil with appointment of local partner
Business Developments & Projects

FET targets better presence in Brazil with appointment of local partner

Subsea technology provider Forum Energy Technologies (FET) has appointed a Brazilian company to represent its subsea operations in this South American country. FET reported earlier in August that it had established a partnership with UnderOcean Servicos Maritimos under which the Brazilian company wi

about 3 years ago
Safe Concordia; Source: Prosafe
Business Developments & Projects

Prosafe vessel kicks off its Gulf of Mexico assignment

Prosafe has revealed that one of its semi-submersible vessels started its new contract with an undisclosed company in the U.S. Gulf of Mexico.

about 3 years ago
CEPSA to supply Naviera Armas Trasmediterránea ferries with 2G biofuel
Business Developments & Projects

CEPSA to supply Naviera Armas Trasmediterránea ferries with 2G biofuel

Spanish multinational oil and gas company CEPSA has been contracted to supply second-generation (2G) biofuel for Naviera Armas Trasmediterránea ferries.

about 3 years ago
Navtek; World’s first zero-emissions tugboat proves performance
Business Developments & Projects

Tongfang Jiangxin wins batch tugboat construction project contract

In the bidding for the batch tugboat construction project of Sinopec Shengli Oilfield Branch, Tongfang Jiangxin Shipbuilding won the 2023 Shengli Oilfield Offshore Oil Ship Center 4 A 5000 HP full-turn tugboat construction project contract. According to the China Association of the National Shipbuil

about 3 years ago
British National Gas picks Wood to design future grid
Business Developments & Projects

British National Gas picks Wood to design future grid

Britain’s National Gas has appointed Wood to digitally upgrade 7,600 kilometers of essential pipelines, compressor stations and terminal infrastructure as part of its commitment to the energy transition. Through a five-year framework agreement, Wood said it will apply digital solutions to transform

about 3 years ago
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