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Business Developments & Projects

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WinGD, MISC partner on technology & training for ammonia engines
Business Developments & Projects

WinGD, MISC partner on technology & training for ammonia engines

Swiss marine power company WinGD has entered into a collaboration agreement with shipowner and operator AET and maritime academy Akademi Laut Malaysia (ALAM), both part of MISC Group, to develop technology and training for ammonia engines.

about 3 years ago
Tyra II; Source: BlueNord
Business Developments & Projects

Tyra II takes one step closer to first gas – gallery

The work on the export pipeline for TotalEnergies’ redevelopment project in the Danish North Sea has been completed.

about 3 years ago
A photo of the Sealhyfe offshore green hydrogen production platform next to the Floatgen floating wind turbine
Business Developments & Projects

In focus: CCS and renewables leading the energy transition race

The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner

about 3 years ago
Yara and BASF to work on low-carbon blue ammonia project in U.S.
Business Developments & Projects

Yara and BASF to work on low-carbon blue ammonia project in U.S.

Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, a German-based chemical producer, are collaborating on a joint study to develop and construct a low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. Accordin

about 3 years ago
evergreen
Business Developments & Projects

Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE

about 3 years ago
FPSO Ruby; Source: Samsung Heavy
Business Developments & Projects

BP and Reliance achieve first gas from third deepwater field off India

Reliance Industries Limited (RIL) and BP has brought on stream the third deepwater development in block KG D6 off the east coast of India.

about 3 years ago
Saipem
Business Developments & Projects

Saipem rakes in $1 billion for new assignments with Aramco and Petrobras

Italy’s oilfield services provider Saipem has secured new contracts, which are worth approximately $1 billion.

about 3 years ago
EPS
Business Developments & Projects

EPS to apply GIT’s graphene-based propeller coating across its fleet

Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performa

about 3 years ago
Wavepiston's wave energy technology (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston and university partners get €2M grant for wave energy project

Danish company Wavepiston and its two university partners have secured a government grant of over €2 million for a wave energy research project.

about 3 years ago
Prysmian
Business Developments & Projects

Prysmian unveils new ‘challenging’ emission reduction targets on the road to net-zero

Prysmian Group has set new near-term and net-zero GHG emission reduction targets, which will enable it to reach its sustainability goals.

about 3 years ago
The area covering the North Sumatra MC2D data rejuvenation project (Courtesy of PGS)
Business Developments & Projects

PGS secures data rejuvenation work in Indian Ocean

Norwegian seismic company PGS has secured work on the North Sumatra MC2D data rejuvenation project, which will provide a new look at one of the hottest hydrocarbon provinces in Indonesia following the successful Timpan-1 discovery in 2022.

about 3 years ago
MOL AIP PETRONAS
Business Developments & Projects

MOL, PETRONAS & SDARI win AiPs for LCO2 carrier and FSO design

Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has won approval in principle (AiP) from classification societies Det Norsk Veritas AS (DNV) and the American Bureau of Shipping (ABS) for a liquefied CO2 (LCO2) carrier. Additionally, ABS has granted an AiP for a floating storage and offloading

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

US to shield taxpayers from decom costs by strengthening financial assurance for offshore oil & gas

Wheels are in motion to put better safeguards in place to protect U.S. taxpayers from being forced to pay decommissioning costs.

about 3 years ago
The partnership aims to position Wales at the forefront of the international marine energy industry (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh marine energy gets a boost with new collaboration deal

Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.

about 3 years ago
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