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Business Developments & Projects

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ABL gets busy at Egyptian gas field
Business Developments & Projects

ABL gets busy at Egyptian gas field

Energy and marine consultancy ABL has been selected for the provision of marine warranty survey services for the fourth phase of a gas field development offshore Egypt. ABL will deliver technical review and approval of all project documentation, procedures, drawings and calculations, as well as mari

about 7 months ago
Fulmar Explorer
Business Developments & Projects

Another SeaBird Exploration vessel gets contract extension in Western Hemisphere

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a three-month contract extension for its source vessel to continue working in the Western Hemisphere. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will continue perfor

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about 7 months ago
Eco Wave Power’s pilot passes real-world sea conditions test
Business Developments & Projects

Eco Wave Power’s pilot passes real-world sea conditions test

Eco Wave Power’s wave energy project at Jaffa Port in Israel has continued strong energy production and demonstrated stable and reliable operation under real-world sea conditions in the first month of 2026, the company reported. The EWP-EDF One wave energy pilot project has maintained zero downtime,

about 7 months ago
Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel
Business Developments & Projects

Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel

South Korea’s maritime decarbonization technology specialist Vinssen and Dutch engineering firm MANA Engineering have signed a memorandum of understanding (MOU) to jointly develop a hydrogen fuel cell-based retrofit solution for an 800 TEU feeder container vessel operating in Northern Europe and the

about 7 months ago
Boskalis prepares 150 kilometers of Baltica 2 inter-array routes for cable installation
Business Developments & Projects

Boskalis prepares 150 kilometers of Baltica 2 inter-array routes for cable installation

Boskalis has completed the preparation of 150 kilometers of inter-array cable routes at the 1.5 GW Baltica 2 offshore wind farm site in Poland. In 2023, Boskalis was awarded a contract for the transportation and installation of export and inter-array cables for the Polish offshore wind farm, owned b

about 7 months ago
Seatrium yard; Source: Seatrium
Business Developments & Projects

Seatrium continues its divestment series

Singapore-based offshore, marine, and energy solutions provider Seatrium is undertaking a series of additional divestments as part of its ongoing efforts to rationalize non-core assets, streamline operations, and drive long-term value for shareholders. Seatrium has divested a fleet of 17 tugboats in

about 7 months ago
Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons
Business Developments & Projects

Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons

U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Parti

about 7 months ago
Transocean Deepwater Skyros drillship (former Ocean Rig Skyros); Source: Egon Stefanic
Business Developments & Projects

Transocean’s backlog stands at $6.1 billion in the wake of $610M rig deals

Switzerland-based offshore drilling contractor Transocean has obtained multimillion-dollar assignments and extensions for seven mobile offshore drilling units (MODUs) from its rig fleet.

about 7 months ago
Abadi LNG; Source: Inpex
Business Developments & Projects

$20 billion Asian LNG project moves forward with environmental clearance

An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

about 7 months ago
Valaris DS-9 drillship; Source: ExxonMobil
Business Developments & Projects

Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

about 7 months ago
Tekmar
Business Developments & Projects

Long-standing customer taps Tekmar for cable protection under €4.7M contract

UK-headquartered Tekmar Group has won a contract worth over £4 million (around €4.68 million) under which it will deliver cable protection systems (CPS) for an offshore wind farm development in Europe. The contract was awarded by a long-standing customer, as Tekmar said, for the delivery of the 10th

about 7 months ago
AHTS Skandi Laser; Source: DOF
Business Developments & Projects

One vessel leaving its fleet as DOF moves to bring in 2011-built duo

Norwegian vessel owner DOF Group has taken steps to expand its fleet with the acquisition of two anchor handling tug supply (AHTS) vessels. The firm has also decided to offload one AHTS ship.

about 7 months ago
Anemoi and COSCO Shipping Heavy Industry renew wind propulsion collaboration
Business Developments & Projects

Anemoi and COSCO Shipping Heavy Industry renew wind propulsion collaboration

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has renewed its framework agreement with Chinese COSCO Shipping Heavy Industry (CHI) for the provision of comprehensive wind propulsion installation services across CHI subsidiary shipyards. The partners have completed the install

about 7 months ago
Ndungu full field start-up has been achieved in Angola; Source: Azule Energy
Business Developments & Projects

First oil gushes out from Azule Energy’s project in Angolan waters

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has reached full field start-up off the coast of Angola by bringing online three oil production wells.

about 7 months ago