10000 results found for 'iceland'

10000 results found for 'iceland'
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  • EIB to help Minesto strengthen investment case for 10 MW tidal energy project

    27 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) has selected Swedish tidal energy developer Minesto for in-depth investment advisory support focused on increasing the financial attractiveness and overall quality of the investment offer for a 10 MW tidal energy array as part of a larger build-out in a selected EU market. Minesto was selected on a complementary basis […]

  • WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia

    3 February 2026
    Business & Finance, Business Developments & Projects

    A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia.

  • CETO Wave Energy Ireland passes halfway mark on EuropeWave payment

    6 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received two EuropeWave payments totalling €350,643, unlocked by completing several manufacturing deliverables for the ACHIEVE Programme. The payments were received under the EuropeWave Phase 3 Contract, which supports the first deployment of Carnegie’s CETO wave energy converter (WEC) technology in Europe at the Biscay […]

  • LS Cable & System wins €35M turnkey subsea cable contract in Malaysia

    29 January 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    South Korean LS Cable & System has won a KRW 60 billion (around €35 million) contract to deliver a submarine power grid that will connect Malaysia’s Langkawi Island to the mainland. The contract was awarded by Tenaga Nasional Berhad (TNB) and will see LS Cable & System construct a 132 kV submarine power cable that […]

  • Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains

    25 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees.

  • Nuclear-powered vessels are achievable, Norwegian-led study confirms

    26 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Nuclear-powered DP vessels are a technically feasible solution and are achievable, the Nuclear Propulsion in merchant Shipping (NuProShip II) study has confirmed. The NuProShip II project, funded by the Research Council of Norway, demonstrates the technical feasibility of nuclear-powered DP vessels, researching the possibility of nuclear reactors contributing to efficiency, reliability, and environmental responsibility for […]

  • North Sea countries to ink pact with offshore wind industry, TSOs

    26 January 2026
    Business & Finance, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Vessels

    Government officials from Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway and the UK are set to sign a declaration confirming the ambition to build 300 GW of offshore wind in the North Seas by 2050, and an investment pact with the offshore wind industry and transmission system operators (TSOs) that is said to […]

  • Minesto awarded funding to speed up tidal energy development in Taiwan

    30 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Swedish tidal energy developer Minesto has secured grant funding from the Swedish Energy Agency (SEA) that will be used to accelerate its market development in Taiwan. Thanks to the €24,000 grant funding awarded through the Global Innovation Accelerator (GIA) program, Minesto aims to secure investments and partnerships for the build out of tidal energy power […]

  • Venture Global sheds light on Worley’s role at next chapter of US LNG project

    3 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has offered insight into its agreement with Worley Field Services, an affiliate of Australia’s engineering company Worley, for a second segment of its LNG export project in Louisiana, United States. 

  • Ireland-Wales interconnector officially marked as priority energy infrastructure project

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been included in the EU’s second list of Projects of Common/Mutual Interest (PCI/PMI), confirming its status as a priority energy infrastructure project. According to developer MaresConnect Limited, owned by Foresight Energy Infrastructure Partners (FEIP) and Etchea Energy Nominees Limited (EENL), this designation […]

  • ADNOC rakes in $3 billion for LNG offtake deal with Indian player

    20 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has signed off on a multi-year liquefied natural gas (LNG) agreement with India’s Hindustan Petroleum Corporation Limited (HPCL).

  • EIB commits €490M to Greek link that will end electrical isolation of Northeast Aegan islands

    2 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) has approved a €490 million financing for an interconnection project that will end the electrical isolation of Greek islands located in the Northeast Aegean Sea. The IPTO North East Aegean Interconnection project will connect the island regions of Lemnos, Lesvos, Chios, Samos and Skyros to Greece’s mainland transmission grid through […]

  • TDI-Brooks’ vessel prepping for upcoming survey gig in Caribbean

    14 January 2026
    Business & Finance, Business Developments & Projects

    Ireland-headquartered oil and gas company United Oil & Gas has disclosed a mobilization timeline for one of U.S.-headquartered TDI-Brooks’ specialist survey vessels, which will undertake a planned survey program off the coast of Jamaica in the Caribbean, North America.

  • ADNOC casts the die for gas project as FID seals path to development

    8 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The UAE’s energy heavyweight Abu Dhabi National Oil Company (ADNOC) has put the pen to paper for its ambition to boost its natural gas arsenal by propelling a gas project off the coast of Abu Dhabi, UEA, into execution phase with a final investment decision (FID).

  • Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.

  • Throwback: Top oil & gas final investment decision picks

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy has made a collection featuring some of these moves.

  • $11 billion financing in place for giant offshore gas project

    6 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project to operate with net-zero emissions.

  • Seaway Aimery leaves US to work on UK offshore wind project

    30 December 2025
    Vessels

    Cable-laying vessel (CLV) Seaway Aimery is on its way from the U.S. to Europe for work that the vessel has scheduled on the East Anglia Three offshore wind farm in the UK. According to a Notice to Mariners from the East Anglia Three project, inter-array cable installation is set to commence around January 12, 2026, […]

  • Wärtsilä fuel-flexible engines ordered for new Brazilian duo

    26 December 2025
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels

    Finnish technology group Wärtsilä has been appointed by Brazilian operator AMAGGI to supply fuel-flexible engines for two new pusher tugs that are under construction. The vessels are being built at the Beconal shipyard in Manaus, Brazil, and will each operate with two Wärtsilä 20 engines, equipped with a Wärtsilä Data Collection Unit (WDCU). According to Wärtsilä, […]

  • 15 years in the making: Falkland Islands’ Sea Lion ready to move forward to first oil

    10 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A final investment decision (FID) has been taken for a giant oil project in the North Falkland Basin (NFB), where $1.8 billion will be needed to foot the bill to first oil and $2.1 billion to project completion. This FID comes 15 years after the original oil discovery was made.

  • Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

    28 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,758 kilometers national gas network, said to be one of the safest and most modern renewables-ready gas networks in the world.

  • Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops

    25 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    South Korea’s SK Earthon, the energy exploration and production (E&P) subsidiary of SK Innovation, has expanded its offshore acreage in Indonesian waters with a stake in a block, which is expected to see drilling activity before the year ends.

  • ElbOil teams up with Chinese companies to drive green methanol expansion

    24 October 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    ElbOil has signed a memorandum of understanding (MoU) with Shandong Shunli Hydrogen Energy Technology, a subsidiary of Henan Shuncheng Group, and Shanghai Wenji Biotechnology, which is responsible for domestic trade procedures, to support the future production and distribution of green methanol.

  • Stillstrom, Danish port exploring large-scale maritime electrification at Energy Island Bornholm

    2 December 2025
    Research & Development, Vessels

    Stillstrom and Port of Roenne have teamed up on a study looking into integrating offshore wind energy with maritime electrification. Maersk’s offshore power and charging solutions developer and the Danish port have initiated a joint white paper to explore how Energy Island Bornholm could serve as a blueprint for this kind of integration. The study, […]

  • EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area

    26 November 2025
    Business Developments & Projects

    Irish transmission system operator (TSO) EirGrid has completed the first phase of marine and coastal surveys along Ireland’s south coast, which includes cable route corridor options from Maritime Area A, or Tonn Nua, offshore wind area of the Irish Government’s South Coast Designated Maritime Area Plan (SC-DMAP). The survey work is being carried out by […]