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Business Developments & Projects

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Hudong-Zhonghua starts building 1st LNG carrier for COSCO and Sinochem
Business Developments & Projects

Hudong-Zhonghua starts building 1st LNG carrier for COSCO and Sinochem

Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started construction of the first LNG carrier for compatriot COSCO Shipping Energy and Sinochem Petroleum. According to the shipbuilder’s statement, the construction of the 174,000 m3 LNG carrier began on 8 August at the Changxing Shipbuilding Bas

about 3 years ago
Titan Unikum
Business Developments & Projects

Titan converts newly acquired ships to LNG-bunkering vessels

Dutch bunker supplier Titan has completed the conversion of its recently acquired vessels, Titan Unikum and Titan Vision, into state-of-the-art LNG bunker vessels. The company bought the two ships at the beginning of 2023 from Canadian gas transportation company Seapeak for bunkering retrofit. Titan

about 3 years ago
Orinduik Block; Source: Eco Atlantic
Business Developments & Projects

Eco snaps up Tullow’s stake and operatorship in block off Guyana

Tullow Oil has set the wheels in motion to sell its entire interest in Tullow Guyana (TGBV), which includes the Orinduik licence in Guyana.

about 3 years ago
Illustration/Aqua Power Technologies’ MANTA wave energy device at salmon farm (Courtesy of Aqua Power Technologies)
Business Developments & Projects

US national lab seeks input on use of wave energy devices for powering offshore aquaculture

Pacific Northwest National Laboratory (PNNL) is seeking views from wave energy developers whose devices are capable of powering offshore aquaculture operations to better understand the potential of co-locating such projects.

about 3 years ago
Wuchang Shipbuilding
Business Developments & Projects

Wuchang Shipbuilding bags deal for two chemical tankers

China State Shipbuilding Corporation’s Wuchang Shipbuilding has inked a construction contract for two stainless steel chemical tankers, each weighing 25,900 deadweight tons, with Xingtong Shipping Co., a prominent name in the chemical tanker domain in China. The agreement marks an initial partnershi

about 3 years ago
Biden
Business Developments & Projects

ORNL, FMD team up on alternative fuel engines for ships

US Department of Energy’s largest multidisciplinary laboratory Oak Ridge National Laboratory (ORNL) and American manufacturing company Fairbanks Morse Defense (FMD) have signed a Memorandum of Understanding (MOU) to collaborate on the development and integration of alternative fuel technologies aime

about 3 years ago
Illustration; Source: Upwing Energy
Business Developments & Projects

Upgrade of ‘incredibly powerful tool’ enables gas production boost while downsizing emissions

Upwing Energy has tweaked its Enhanced Production Simulator (EPS) to enable operators to boost gas production by optimising well performance.

about 3 years ago
POSD Crowley Charging Station Groundbreaking
Business Developments & Projects

Crowley, Port of San Diego break ground for all-electric tugboat charging station

Florida-based marine company Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. The eWolf, under continuing construction at Master Boat Builders, is a crucial component of th

about 3 years ago
The AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

Crown Estate Scotland launches survey for tidal and wave energy sectors

Offshore Renewable Energy (ORE) Catapult has laid out plans to carry out an in-depth survey of developers working in the tidal and wave energy sectors on behalf of Crown Estate Scotland.

about 3 years ago
Adriatic I jack-up rig; Source: Shelf Drilling
Business Developments & Projects

With 35 out of 36 rigs contracted, Shelf Drilling’s backlog stands at $2.6 billion

Shelf Drilling has revealed higher revenue for 2Q 2023, compared to 1Q 2023, driven by higher day rates and effective fleet utilisation.

about 3 years ago
ÈTA Shipping
Business Developments & Projects

Mercuria, ÈTA Shipping team up on construction of up to 16 electric ships

The global energy and commodity group, Mercuria, has partnered with maritime innovator ÈTA Shipping to establish a joint venture. This collaboration aims to build six initial electric short sea vessels, with an option for an additional ten ships. The construction of these vessels will be carried out

about 3 years ago
Proman and Origin team up on low-carbon biofuel production
Business Developments & Projects

Proman and Origin team up on low-carbon biofuel production

Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to

about 3 years ago
DHT Holdings
Business Developments & Projects

DHT Holdings fits scrubbers on entire fleet, clamps down on newbuilding pricing as ‘unjustified’

Crude oil tanker company DHT Holdings has completed the installation of three exhaust gas cleaning systems in the second quarter of 2023 and now all 23 very large crude carriers (VLCCs) in the company’s fleet are scrubber-fitted. Scrubbers, also known as exhaust gas cleaning systems, allow companies

about 3 years ago
Arup wins €1.5 million integrated ground model contract for Dutch OW zone
Business Developments & Projects

Arup wins €1.5 million integrated ground model contract for Dutch OW zone

The Netherlands Enterprise Agency (RVO) has awarded Arup B.V. the contract for the development of an integrated ground model (IGM) and a geotechnical interpretative report for the Nederwiek Zuid Wind Farm Zone (NWWFZ) in the Netherlands. The contract, with a value of around €1.5 million (excluding V

about 3 years ago
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