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Business Developments & Projects

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Stena Line
Business Developments & Projects

Construction of Stena Line’s methanol-ready NewMax hybrid duo about to begin

European ferry operator Stena Line is building two all-new hybrid propulsion vessels designed to run on methanol. The company said that the construction of the NewMax vessels will begin shortly with the launch of operations on the Irish Sea expected in 2025. China Merchants Jinling Shipyard in Weiha

about 3 years ago
US companies come together for integrated underwater robotic systems
Business Developments & Projects

US companies come together for integrated underwater robotic systems

Utah-headquartered Sarcos Technology and Robotics Corporation and Pennsylvania-based VideoRay have signed an agreement to offer integrated underwater robotic systems. Under the agreement, the parties plan on combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robo

about 3 years ago
FPSO Petrojarl I; Source: Enauta
Business Developments & Projects

With scheduled maintenance stoppage on, Brazilian FPSO goes offline

Enauta has initiated a scheduled maintenance shutdown for an FPSO, which is currently working on a field offshore Brazil.

about 3 years ago
Transocean Enabler rig; Credit: Jan Arne Wold/Equinor
Business Developments & Projects

New task for Transocean regarding rig working off Norway

Norwegian offshore safety regulator has carried out an audit of stability and marine systems on one of Transocean’s semi-submersible rigs.

about 3 years ago
Toyota Tsusho
Business Developments & Projects

Japan sees start of continuous supply of biofuel for ships on commercial basis

Toyota Tsusho Corporation and Toyotsu Energy Corporation have launched Japan’s first continuous supply of biodiesel blended fuel (biofuel) on a commercial basis to ships operated by Toyofuji Shipping Co., Ltd. at the Port of Nagoya. According to Toyota Tsusho, the launch follows repeated biofuel sup

about 3 years ago
UK 'treasure map' to show North Sea's carbon capture and storage potential
Business Developments & Projects

UK ‘treasure map’ to show North Sea’s carbon capture and storage potential

The UK Government is planning to create a “treasure map” which will show how much carbon capture and storage (CCS) could be possible under the North Sea seabed. The plan envisages that companies that already have a license to store carbon will have to report what they find to the North Sea Transitio

about 3 years ago
FPSO for the BM-C-33 project; Source: MODEC
Business Developments & Projects

MODEC hired to provide ‘one of the most complex’ FPSOs in its history

MODEC has signed a sales and purchase agreement with Equinor to supply an FPSO, which will work at a recently sanctioned project off Brazil.

about 3 years ago
Engie and WA firm advance plans to build hydrogen facility at Montoir-de-Bretagne LNG terminal
Business Developments & Projects

Engie and WA firm advance plans to build hydrogen facility at Montoir-de-Bretagne LNG terminal

French utility company Engie and Western Australian technology development company Hazer Group have extended their collaboration for clean hydrogen and graphitic carbon production facility in France. Hazer Group is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and g

about 3 years ago
FSO Palanca; Source Stapem Offshore
Business Developments & Projects

With delays out of the way, UK oil & gas firm enters Angola

Afentra plc has completed the acquisition of interests in two blocks offshore Angola from Croatia’s INA-Industrija Nafte. This marks the UK player’s entry into Angola.

about 3 years ago
Illustration/Subhub platform (Courtesy of QED Naval)
Business Developments & Projects

QED Naval eyes UK government’s AR5 prize

QED Naval, a Scotland-based tidal energy company, has applied to the UK government’s fifth contracts for difference (CfD) allocation round to develop its tidal energy project at Morlais site in Wales.

about 3 years ago
GAC and GBF debut biofuel lifting at Ireland’s first clean fuels terminal
Business Developments & Projects

GAC and GBF debut biofuel lifting at Ireland’s first clean fuels terminal

UK biofuel supplier Green Biofuels (GBF) has teamed up with GAC Ireland, a provider of ship agency services at all major Irish ports, to complete the first lifting of renewable drop in diesel fuel (GD+) from GBF’s Cork Terminal, also known as Ireland’s first clean fuels terminal. The first 39,000-li

about 3 years ago
Santos signs P’nyang gas deal for PNG LNG
Business Developments & Projects

Kumul’s PNG LNG offer to remain open until end of August

Papua New Guinea’s Kumul Petroleum Holdings has once again extended the period for the binding conditional offer made to Australian energy company Santos to acquire a 5% interest in PNG LNG for an asset value of $1.4 billion. The offer will remain open until 31 August 2023, and Santos said it has ag

about 3 years ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Business Developments & Projects

TEAMER boosts 10 marine energy developers with $1.2M in research support

The US Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved ten projects through its ninth request for technical support (RFTS), reflecting a total of more than $1.2 million.

about 3 years ago
Environmental Defense Fund Europe (EDFE)
Business Developments & Projects

Good omen for getting rid of methane menace, as EU signals readiness to scale up reduction efforts

European Parliament’s landslide plenary vote shows the EU is ready to step up efforts to curb the methane footprint from the energy sector.

about 3 years ago
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