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Business Developments & Projects

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Safe Concordia; Source: Prosafe
Business Developments & Projects

Prosafe on the lookout for new CEO as current one steps down

Prosafe has embarked on a quest to find a new CEO, as its current one decided to resign after more than six years in the role.

about 3 years ago
Cote d’Ivoire next on the list for Shearwater GeoServices
Business Developments & Projects

Cote d’Ivoire next on the list for Shearwater GeoServices

Norway-headquartered Shearwater GeoServices has secured a contract to deliver a 4D geophysical monitor survey in Cote d’Ivoire. The project will be conducted by the 113-meter-long seismic acquisition vessel SW Empress over a period of approximately two months beginning this May. According to Shearwa

about 3 years ago
Danfoss to power Hong Kong’s two hybrid-electric ferries
Business Developments & Projects

Danfoss to power Hong Kong’s two hybrid-electric ferries

Danfoss Power Solutions’ Editron division has signed a contract with Cheoy Lee Shipyard to deliver the hybrid-electric marine drivetrain system powering two new hybrid-electric ferries.

about 3 years ago
FPSO Prosperity; Source: Keppel Offshore & Marine
Business Developments & Projects

SBM Offshore inks new deal with ExxonMobil for Guyana FPSO fleet

SBM Offshore has signed a long-term operation and maintenance enabling agreement for its Guyana FPSO fleet with ExxonMobil.

about 3 years ago
tanker
Business Developments & Projects

Dynacom goes big, orders 10 LR2 tankers from DSIC

Greek shipowner Dynacom Tankers Management has reportedly ordered ten 115,000 dwt Long-Range 2 tankers at China’s Dalian Shipbuilding Industry (DSIC). The LR2 tankers will begin to deliver in the second half of 2025 and continue throughout 2026, Clarksons Shipbrokers said in a weekly report. Broker

about 3 years ago
HMD
Business Developments & Projects

Purus Marine orders ammonia-ready LPG quartet at Hyundai Mipo

Purus Marine, a rapidly expanding UK-based shipping company, has placed an order for four new LPG carriers with a capacity of 45,000 cubic meters each. The vessels will be equipped with scrubber technology and built by Hyundai Mipo in South Korea, with delivery expected from the second half of 2025

about 3 years ago
Browse to North West Shelf Project development concept; Source: Woodside
Business Developments & Projects

Shell exiting Australia’s ‘largest untapped conventional gas resource’ project as BP boosts its stake

BP is in the process of enlarging its interest in a natural gas project offshore Australia while Shell is heading for the exit.

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

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
UK firm strengthens rental fleet with Webtool cutter duo
Business Developments & Projects

UK firm strengthens rental fleet with Webtool cutter duo

UK-headquartered Subsea Technology & Rentals (STR) has strengthened its rental fleet with the addition of two high-performance Webtool cutters. The HCV275 and RCV160 cutters can be deployed at subsea level, either mounted, operated by a remotely operated vehicle (ROV), or onboard a vessel for planne

about 3 years ago
Illustration; Credit: Morten Berentsen/NPD
Business Developments & Projects

Norway sees ‘considerable potential’ for further oil & gas exploration in Barents Sea

The Norwegian government believes that the Barents Sea contains more undiscovered hydrocarbons, thus, more exploration is encouraged.

about 3 years ago
DNV joins study on methanol bunkering for Singapore
Business Developments & Projects

DNV joins study on methanol bunkering for Singapore

Classification society DNV has joined a working group that aims to develop a technical reference (TR) for methanol bunkering for Singapore, the world’s largest bunkering hub. DNV announced at Singapore Maritime Week that it joined the multi-stakeholder working group on methanol bunkering, managed by

about 3 years ago
Another Solstad vessel makes 'considerable' fuel and emission cuts
Business Developments & Projects

Another Solstad vessel makes ‘considerable’ fuel and emission cuts

Solstad Offshore’s construction vessel has managed to save “considerable amounts” of fuel and reduce emissions on its way home from a project in West Africa, the Norwegian company reported. The 157-meter-long Normand Vision managed to save 150 tons of fuel on the transit, Solstad said, adding that i

about 3 years ago
West Phoenix rig (for illustration purposes); Source: Seadrill
Business Developments & Projects

U.S. offshore rig count maintains the status quo for two weeks in a row

The U.S. has extended its break in offshore rig count activity by keeping the total number unchanged for the second consecutive week.

about 3 years ago
Illustration (Courtesy of TEAMER Program)
Business Developments & Projects

TEAMER opens 10th call for marine energy projects

The US Testing Expertise and Access for Marine Energy Research (TEAMER) program, sponsored by the US Department of Energy (DOE), is now accepting applications for the tenth request for technical support (RTFS).

about 3 years ago
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