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Business & Finance

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Business Developments & ProjectsOutlook & StrategyProject & TendersTransitionVesselsExploration & ProductionAuthorities & GovernmentCarbon Capture Usage & StorageCollaborationEnvironmentInfrastructureMarket OutlooksPorts & LogisticsRegulation & PolicyRules & RegulationSafetyStorageVisionInnovationResearch & DevelopmentTechnologyHuman CapitalGreen MarineCertification & ClassificationOperations & Maintenance
Methanol dual-fuel engines on their way to Jan De Nul's XL cable layer
Business & Finance

Methanol dual-fuel engines on their way to Jan De Nul’s XL cable layer

Anglo Belgian Corporation (ABC), a Ghent-based manufacturer of medium-speed engines, is ready to ship methanol dual-fuel engines for Jan De Nul’s first XL cable-laying vessel (CLV), set for delivery in 2026. Jan De Nul announced in October 2023 that it had placed an order for the XL CLV Fleeming Jen

about 1 year ago
NAGA 8; Source: Velesto
Business & Finance

Fresh four-year drilling gig for Velesto rig in Southeast Asia

Velesto has landed a new multi-year drilling campaign for one of its jack-up rigs off the coast of Indonesia, boosting the firm’s expansion efforts in Southeast Asia in line with its long-term strategy of broadening its regional presence.

about 1 year ago
EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen
Business & Finance

EU-UK set course for deeper cooperation on maritime safety, CCS, hydrogen

The European Commission and the UK have reached a Common Understanding that outlines a renewed agenda for cooperation, with a focus on maritime security and safety, as well as new energy technologies such as hydrogen and carbon capture, utilization and storage (CCUS), among other things. In view of

about 1 year ago
With two milestones passed, Greece to launch its largest electricity transmission project end of month
Business & Finance

With two milestones passed, Greece to launch its largest electricity transmission project end of month

The largest electricity transmission project in Greece is nearing official start-up as two critical milestones have been reached, according to the Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE). With a budget of over €1.1 billion, the Crete-Attica el

about 1 year ago
Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre
Business & Finance

Technip Energies and Graphitic Energy join forces to scale clean hydrogen technology

Technip Energies and Graphitic Energy have entered a strategic collaboration to scale clean hydrogen technology.

about 1 year ago
'Global subsea player' in the makig as DeepOcean acquires Shelf Subsea
Business & Finance

‘Global subsea player’ arising as DeepOcean acquires Shelf Subsea

Ocean services provider DeepOcean has acquired 100% of the shares in Australia-based subsea services provider Shelf Subsea, creating what it says is a global subsea player and expanding its footprint into Southeast Asia, Australia, and the Middle East. Headquartered in Australia, Shelf Subsea has of

about 1 year ago
Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list
Business & Finance

Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list

The European Commission (EC) has selected the winners of the second European Hydrogen Bank (EHB), which will receive nearly €1 billion in funding to produce renewable hydrogen, including producers with off-takers in the maritime sector.

about 1 year ago
Subsea7 nets contract for 'strategically important' project in West Africa
Business & Finance

Subsea7 nets contract for ‘strategically important’ project in West Africa

Subsea7 has secured a sizeable subsea contract, worth between $50 million and $150 million, for a project in West Africa deemed as “strategically important“. Under the contract, Subsea7 is in charge of transporting and installing flexible pipelines, umbilicals, and associated subsea components for t

about 1 year ago
CALM Terminal and Vessel; Source: SBM Offshore
Business & Finance

Jetty-less toolbox for ammonia, gas, and LNG offshore transfers gets Bureau Veritas’ blessing

IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has received approvals in principle (AiPs) from Bureau Veritas Marine & Offshore (BV) for a portfolio of jetty-less solutions developed to enable offshore floating storage of ammonia, liquefied natural gas (LNG), or natura

about 1 year ago
Benguela Belize Lobito Tomboco platform; Source: Chevron
Business & Finance

Fire incident at Chevron’s oil platform leaves 17 injured

A fire, which broke out on an oil platform off the coast of Angola, has caused 17 people to suffer injuries. Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, operates the deepwater platform.

about 1 year ago
Sapphire Driller rig; Source: ADES
Business & Finance

QatarEnergy and TotalEnergies JV prolong rig’s drilling gig for four years

ADES has won a multi-year contract extension for one of its jack-up rigs with North Oil Company (NOC), a joint venture (JV) between QatarEnergy (70%) and TotalEnergies (30%).

about 1 year ago
TDI-Brooks lends a hand to Enbridge in Gulf of America
Business & Finance

TDI-Brooks lends a hand to Enbridge in Gulf of America

U.S.-headquartered geotechnical and offshore survey research and service company TDI-Brooks has completed a geological assessment for Canadian pipeline and energy company Enbridge in the Gulf of Mexico/America. The project saw the utilization of the 48-meter-long research vessel Brooks McCall, which

about 1 year ago
FPSO Marlin Natuna; Source: Medco Energi
Business & Finance

Two ‘strategic’ oil & gas fields come online offshore Indonesia

Medco E&P Natuna, a subsidiary of PT Medco Energi Internasional (MedcoEnergi), has brought two oil and gas fields on stream in the South Natuna Sea off the coast of Indonesia.

about 1 year ago
FPSO BW Adolo; Source: BW Offshore
Business & Finance

BW Offshore puts O&M duties of Gabon-based FPSO in BW Energy’s hands

BW Energy has taken over from Norway’s BW Offshore the operations and maintenance (O&M) of a floating production, storage, and offloading (FPSO) unit working off the coast of Gabon.

about 1 year ago
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