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Business Developments & Projects

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LNG carrier
Business Developments & Projects

GTT nets new LNGC tank design order from Samsung Heavy

French LNG containment specialist GTT has received several orders from its partner, the Korean shipyard Samsung Heavy Industries (SHI), for the tank design for a total of five new LNG carriers (LNGCs). According to GTT, the order was made on behalf of a number of international ship owners. GTT will

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

Petrobras embraces digital transformation with SLB’s cloud-based tech to optimise oil & gas production

SLB has been hired on a long-term contract by Brazil’s Petrobras, which is investing in AI and cloud-based technologies to ramp up production.

about 3 years ago
Asso.subsea to install BorWin6 nearshore cable
Business Developments & Projects

Asso.subsea to install BorWin6 nearshore cable

Asso.subsea has signed a contract with Nexans for the transportation, installation and protection of the nearshore section of the BorWin6 offshore cable in Germany, with offshore work scheduled for 2025. The company will be involved in the design and execution of this part of the project in shallow

about 3 years ago
NYK trials biofuel onboard wood-chip carrier in Japan
Business Developments & Projects

NYK trials biofuel onboard wood-chip carrier in Japan

Japanese shipping major NYK Line has trialed biodiesel fuel at Kinuura port (Aichi Prefecture) onboard wood-chip carrier Daio Austral, which transports wood chips for Daio Paper Corporation.

about 3 years ago
Island Constructor vessel; Source: Island Offshore
Business Developments & Projects

All-clear for Aker BP to deploy well intervention vessel for North Sea ops

Aker BP has received consent from Norway’s regulator to use one of Island Offshore’s vessels for work in the Norwegian North Sea.

about 3 years ago
Deal signed for construction of world’s 1st large high bollard pull methanol-fuelled tugs
Business Developments & Projects

Deal signed for construction of world’s 1st large high bollard pull methanol-fuelled tugs

Towage operator Kotug Canada has selected Türkiye’s Sanmar Shipyards to build two RAsalvor 4400-DFM dual fuel methanol escort tugs.

about 3 years ago
Noble Discoverer (former Maersk Discoverer) rig; Source: Noble Corp.
Business Developments & Projects

Noble rig booked for drilling ops off Suriname

Noble has won a new contract with Petronas for one of its semi-submersible rigs, which is being hired for drilling activities off Suriname.

about 3 years ago
World’s first: Norsepower’s rotor sails to be installed on coal carrier
Business Developments & Projects

World’s first: Norsepower’s rotor sails to be installed on coal carrier

IINO Kaiun Kaisha (IINO LINES) and Electric Power Development (J-POWER) have agreed to install the rotor sail (wind propulsion auxiliary device) manufactured by Finnish Norsepower Oy on the dedicated coal carrier Yodohine.

about 3 years ago
New RHC leadership calls for tangible action in hydrogen industry
Business Developments & Projects

New RHC leadership calls for tangible action in hydrogen industry

The Renewable Hydrogen Coalition (RHC) has elected new leadership for the next 18 months, Olivia Breese, CEO of Power-to-X at the renewable energy company Ørsted, as Chair, and Håkon Volldal, President and CEO of electrolyzer manufacturer Nel, as Vice-chair. The RHC promotes the role of renewable hy

about 3 years ago
Geophysical survey about to begin for 'world's longest HVDC subsea cable'
Business Developments & Projects

Geophysical survey about to begin for ‘world’s longest HVDC subsea cable’

A geophysical survey is set to begin this month in the UK for an interconnector that will connect to Morocco, described as the world’s longest HVDC subsea cable. The UK geophysical survey will follow the proposed cable corridor for the Xlinks Morocco-UK Power Project, routing along the North Cornwal

about 3 years ago
Greek TSO enters EuroAsia Interconnector with 25% stake
Business Developments & Projects

Greek TSO enters EuroAsia Interconnector with 25% stake

Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) has become a strategic investor in the EuroAsia Interconnector that will link Greece, Cyprus and Israel with the acquisition of a 25 per cent stake. IPTO’s entry into the share capital of EuroAsia Interconnector

about 3 years ago
Kotug’s dual-fuel methanol escort tugs to provide service for Trans Mountain
Business Developments & Projects

Kotug’s dual-fuel methanol escort tugs to provide service for Trans Mountain

Maritime service provider Kotug Canada has announced that its dual-fuel methanol escort tugs will be used for Trans Mountain’s expanded operations on Canada’s West Coast. Trans Mountain operates Canada’s oil pipeline, servicing the West Coast of Canada, providing tidewater access to foreign markets

about 3 years ago
Ammonia
Business Developments & Projects

MAN ES reaches milestone in ammonia engine testing

German engine manufacturer MAN Energy Solutions (MAN ES) has reached a new milestone as its research engine successfully conducted combustion with ammonia at the company’s research centre in Copenhagen. This milestone was revealed in the company’s brief social media update on 6 July. According to MA

about 3 years ago
Valaris DPS-5 rig. Source: Lukoil
Business Developments & Projects

Valaris finds drilling work for three rigs in Gulf of Mexico and Australia

Valaris has secured four new drilling deals for its rig fleet in the Gulf of Mexico and Australia, which boost its backlog further.

about 3 years ago
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