Chinese giant CATL expands beyond batteries to power grids and EV platforms
Robin Zeng is the billionaire founder and CEO of CATL. He wants to transform the world's biggest battery manufacturer into a provider of green energy, as well as reduce the costs of developing electric cars, thus upending the economics that have driven the growth of the industry. Zeng said in an interview he expected…
JLR invests 500 million pounds in upgrading EV factory
Jaguar Land Rover announced on Thursday that it will invest £500 million ($669.6million) in parallel production of electric cars at its Halewood plant as part of the electrification strategy. Why is it important? This investment coincides to increasing pressure on automakers to accelerate the electrification of their vehicles…
ClassNK Inks MOU with PowerX on Power ARK Project
ClassNK signed a Memorandum of Understanding (MOU) with PowerX, Inc. (PowerX) for a collaboration on the development of the Power Transfer Vessel (Power ARK).PowerX is carrying out a project of the first model of the Power ARK series, which is designed for transferring renewable energy in Japanʼs coastal waters…
Charging Ahead: Brent Perry & his Sterling PBES Team Drive Maritime Battery Tech
Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea. Please give us a by the numbers look at Sterling PBES today?Right now we are sitting in a position where we had anticipated delivering somewhere in the neighborhood of $20-21 million worth of product…
Reinauer Group Ramps Up for the Business of Offshore Wind
The promise of a vibrant U.S. offshore wind business has been long in the making. While questions remain on timing and pace, there is renewed confidence in the offshore wind sector, particularly in the northeast United States (global pandemic notwithstanding). Investment in the sector had escalated to start 2020…
Spliethoff Gets Green Loan From ING, EIB
Dutch banking group ING and the European Investment Bank said they will provide a EUR 110 million ($123 million) loan to Dutch ship management firm Spliethoff’s Bevrachtingskantoor B.V. for retrofitting vessels with exhaust gas cleaning systems.According to a European Commission press release, Spliethoff will use…
INPEX Selects NAPA for LNG Carrier Fleet
Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said that Inpex awarded a deal to the company for the provision of a solution for monitoring and follow-up of ship…
Yxney, UniSea Join Force for Greater Energy Efficiency
The provider of software tools for the offshore industry UniSea has agreed to take part ownership of the energy efficiency specialist Yxney.“Yxney is experiencing rapid growth meeting the increasing demand for data-driven energy efficiency solutions in the offshore sector,” said CEO Gjord Simen Sanna of Yxney, which provides operational support and HSEQ (quality…
Ørsted Hires Focus Consultants on Sustainable East Coast Offshore Hub
Focus Consultants has been appointed to deliver sustainability services for a new East Coast Hub for the offshore wind giant, Ørsted, which is currently building the biggest offshore wind farms in the world.Currently in construction on the Royal Docks at Grimsby, Lincolnshire, the building will represent a state…
ADES Acquires 12 Rigs From Weatherford In Kuwait
Drilling company Ades International Holding has bought 12 onshore rigs from Weatherford in Kuwait for $ 123 million.The oil & gas drilling and production services provider in the Middle East and North Africa (MENA) said in a press release that the transaction forms part of the previously signed definitive agreement…
Kongsberg to help outfit Awilco Rig
Kongsberg Maritime has been selected by global offshore and marine group Keppel Offshore & Marine to provide an extensive and integrated technology delivery for a new semi-submersible drilling rig ordered by UK-based drilling contractor Awilco Drilling PLC. The contract is valued at around $18 million. Based on the Moss Maritime CS60 ECO MW design…
BSM Mexico Quality Certified
Bernhard Schulte Shipmanagement (BSM) Mexico has been awarded the Certificates ISO 9001:2015 - Quality Management Systems, ISO 14001:2015 - Environmental Management Systems – and OHSAS 18001:2007 - Occupational Health and Safety Assessment Series - for its ship management services and personnel management on board and ashore by the accredited DNV-GL Registrar and Classification Society.
Exceed Investment Yields Record Results
Aberdeen-headquartered Exceed, well management and performance improvement specialist, has announced a record-breaking start to 2018, amassing a number of international contract wins totalling a revenue of approximately of £18 million. With projects lasting more than a year, Exceed will deploy its expertise in well management and performance improvement projects across the UK…
New Asset Integrity Management System Launched
Bureau Veritas has launched Veristar AIM 3D asset integrity management system, based on technology partner Dassault Systems’ 3DEXPERIENCE platform. The new solution combines a digital twin of any marine or offshore assets with smart data in a collaborative environment. Veristar AIM 3D will be used in the design…
Stream Marine Training Secures OPITO Approval
Glasgow-based Stream Marine Training (SMT) said it has secured approval from an oil and gas accreditation body to deliver specialist maritime training for the North Sea and international offshore sector. The safety training company has been named an OPITO (Offshore Petroleum Industry Training Board) approved training…
Industry Entrepreneur Acquires Oil Plus
An energy industry entrepreneur has snapped up Oil Plus Ltd, a specialist oil and gas consultancy based in Berkshire, south England. Mark Cavanagh, managing director of Crandale Consultants, acquired the business from John Crane Inc, a division of Smiths Group plc, for an undisclosed value. Oil Plus plans on adding…
Orbital Awarded Quality Accreditation
Orbital Gas Systems North America (Orbital), a CUI Global company, has announced that certification audits on its headquarters and manufacturing center in Houston have been successfully completed and that the company was awarded the ISO 9001:2008 Quality Management Certification on Feb. 13, 2017. Extensive audits…
Ingeteam Takes Wind Converter Supplier Top Spot
Ingeteam, an independent global supplier of electrical conversion equipment, has announced that it achieved a new record year for the deliveries of its wind power converters worldwide. With nearly 5 GW of new capacity added in 2016 alone, a total of 36,414 MW of wind turbines have been equipped with Ingeteam’s technology since 1995…
TOCFO Completes Fabrication of Juniper Topsides
Trinidad Offshore Fabricators Unlimited (TOFCO) said it has recently completed work for the Juniper offshore gas platform topsides at its facility in La Brea, Trinidad. The project marks a milestone for Trinidad and Tobago as it is the largest offshore structure ever fabricated in the country. Juniper is a Normally…
Changes In The Air For IMCA's eCMID
From January 2018 the International Marine Contractors Association’s (IMCA) will recognize only formal inspection reports conducted using its eCMID database, meaning that paper reports not uploaded into the database will no longer be considered by IMCA to be authorized inspection reports. The whole eCMID system…