10000 results found for 'culzean'

10000 results found for 'culzean'
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  • EU backs CorPower’s next wave energy step with €40M grant

    23 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Vision

    Swedish wave energy developer CorPower Ocean has secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal. The VianaWave project will comprise 30 wave energy converters (WECs), grouped in a CorPack array, expected to generate around 30 GWh […]

  • British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

    27 June 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

  • Hundreds of North Sea workers set to down tools to stop terms & conditions cuts

    3 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Rules & Regulation

    About 300 oil and gas workers in the UK North Sea are preparing to take strike action amid a dispute over terms and conditions cuts.

  • Keppel lands four new contracts

    7 July 2016
    Business & Finance

    Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has secured four contracts worth a total of about S$120 million ($89M) from repeat customers. Keppel entered into these four contracts with BW Offshore, SOFEC, Saipem and Woodside. The first contract that Keppel Shipyard secured is from BW Catcher, a wholly owned subsidiary of […]

  • Australian firm on the lookout for partners ahead of oil & gas drilling and development ops

    29 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    IPB Petroleum is seeking partners to secure funding for future hydrocarbon drilling and oil and gas development activities across its exploration permit in the Browse Basin off the coast of Western Australia.

  • Total profit falls despite output growth

    26 April 2019
    Business & Finance

    French oil and gas company Total recorded a 4 percent decrease in first quarter profit while its production grew by 9 percent. 

  • BP shows commitment to North Sea following new license awards

    23 May 2018

    BP has been awarded seven licenses, five as operator and two as partner, in the UK’s 30th Offshore Licensing Round.

  • Construction starts on ‘world’s first eCSOV’

    21 July 2025
    Vessels

    The keel for Bibby Marine’s hybrid methanol battery-powered commissioning service operation vessel (eCSOV), which will serve the offshore wind industry, has been laid at the Armon Shipyard in Vigo, Spain. When announcing the vessel construction in early 2024, Bibby Marine said this would be “the world’s first truly zero-emission” eCSOV. The vessel, designed in collaboration […]

  • MMA Offshore no longer, rebrands to Cyan Renewables

    16 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Australian offshore vessel player MMA Offshore has officially rebranded to Cyan Renewables, following the acquisition by the Singapore-headquartered company last summer. To remind, Cyan Renewables, a portfolio company of Seraya Partners, closed the agreement to acquire MMA Offshore in July 2024 for approximately $702 million, thereby adding 20 vessels to its fleet and gaining expertise […]

  • Green hands on deck: Wärtsilä technology anchors Malaysia’s push for future-ready seafarers

    28 July 2025
    Business Developments & Projects, Human Capital, Safety, Technology, Transition

    A brand-new simulation suite supplied by Finnish technology group Wärtsilä for the Akademi Laut Malaysia (ALAM) maritime training institute has officially been inaugurated, seeking to foster a new generation of “highly skilled and proficient” seafaring professionals. The integration of Wärtsilä’s technology, which took place on July 17, is expected to ‘significantly’ improve the level of […]

  • Grimaldi’s first ammonia-ready car carrier named in China

    22 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Italian shipping player Grimaldi has named and launched its first ammonia-ready pure car and truck carrier (PCTC) built at China Merchants Heavy Industries.

  • Maersk Oil profits from cost cuts. Eyes North Sea merger options

    8 February 2017

    Danish oil company Maersk Oil, set to separate from the Maersk Group, will narrow its focus on the North Sea and continue cutting costs and exploration activities in 2017. In the financial report posted on Wednesday, Maersk Oil reported a $230 million profit for the fourth quarter of 2016, an improvement from a net loss […]

  • Total’s profit slips as oil prices tumble

    5 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

  • Total plans $5 billion in asset sales as second quarter profit slips on lower oil prices

    25 July 2019
    Business & Finance

    Total has said it plans to sell about $5 billion worth of assets, mostly from its Exploration & Production business.

  • Editor’s Picks for 2017

    2 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy! Fugro has axed over 3000 jobs […]

  • SembMarine: E&P capex growth not translating into rig orders

    25 October 2018
    Exploration & Production

    Offshore rig and platform builder Sembcorp Marine posted a net loss in the third quarter of 2018 citing persisting ebb in business volume.

  • HelioRec completes O&M for 250 kW floating solar plant in France

    8 July 2025
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Safety, Technology, Vision

    French floating solar company HelioRec has completed operations and maintenance (O&M) activities on its 250 kW floating solar installation at Domaine de Cicé-Blossac in France. Commissioned on 29 October 2024, the system has so far helped avoid 70 tonnes of CO₂ emissions – “the equivalent of planting 96 trees.” The installation has also endured a […]

  • Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar

    15 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick in domestic energy to drive down costs by inciting new investments across all energy domains, encompassing oil, gas, liquefied natural gas (LNG), renewables, and other low-carbon and clean energy plays.

  • Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight

    31 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of oil output from two more platforms. As environmental groups are opposed to the restart of the platform trio, a legal challenge is underway, with new supporters entering the pool of members after a federal court enabled more groups to join the legal fight with Sable and ExxonMobil.

  • NuScale explores integrated solutions for hydrogen and clean water production

    19 June 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Technology

    NuScale Power Corporation, a U.S. provider of advanced small modular reactor (SMR) nuclear technology, has announced research programs focused on integrated energy systems designed to support hydrogen production and clean water supply.

  • Maersk Oil to Keep UK Installation Shut After Storm Damage

    10 February 2011
    Business & Finance

      Maersk Oil will keep its offshore Gryphon oil and gas installation shut for a considerable time after sustaining damage in a storm last week. The Gryphon Floating Production Storage and Offloading (FPSO) vessel is stable, all wells have been closed in and no oil spill has been seen. Work is continuing to secure the […]

  • Total closes Maersk Oil deal

    8 March 2018
    Business & Finance

    French oil company Total has completed the Maersk Oil acquisition signed on August 21, 2017.

  • East Anglia Three export cable makes landfall in Suffolk

    16 July 2025
    Business Developments & Projects

    The first section of the export cable for the 1.4 GW East Anglia Three offshore wind farm has been pulled ashore, making landfall at Bawdsey in Suffolk. NKT, which is supplying and installing the export cables for the project under a turnkey contract secured in 2022, started working on East Anglia Three in June, following […]

  • Incat Tasmania to build two battery-electric ferries for Molslinjen

    22 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Australian manufacturer of high-speed catamaran ferries Incat Tasmania has been selected to design and build two new battery-electric ferries for Danish ferry operator Molslinjen.

  • Board update as Eco Wave Power gears up for LA wave energy debut

    18 July 2025
    Human Capital, Outlook & Strategy, Vision

    Wave energy developer Eco Wave Power has elected Hilary E. Ackermann to its Board of Directors, following approval at the company’s annual general meeting. Ackermann, who previously served on Eco Wave Power’s Advisory Board, brings expertise in energy sustainability, corporate governance, and risk management. Her appointment comes as the company prepares for the official opening […]