10000 results found for 'iceland'

10000 results found for 'iceland'
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  • UK player in talks for Equatorial Guinea offshore block farm-out

    4 August 2025
    Business Developments & Projects

    UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas has signed a non-binding heads of terms (HoT) with an undisclosed energy company to farm out an interest in a production sharing contract (PSC) offshore Equatorial Guinea.

  • MacArtney supplies equipment for Pacific Neutrino project

    30 July 2025
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    Denmark-based underwater technology specialist MacArtney Underwater Technology Group has completed production and assembly of 20 junction boxes and 1,000 meters of subsea cable for the Pacific Ocean Neutrino Experiment (P-ONE). “A significant milestone has been reached for the P-ONE project – and we’re proud to have played a part,” said Henrik Michael Løwe, Production Manager […]

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • TenneT picks Asso.subsea for 2 GW cable installation work in Germany

    29 July 2025
    Business Developments & Projects, Project & Tenders

    Asso.subsea has been awarded a nearshore cable installation contract for three projects under TenneT’s 2 GW program in Germany. The offshore grid connection projects are BalWin4, LanWin1, and LanWin5, located off the northwestern coast of Baltrum Island, in northern Germany. The contract marks the beginning of a new collaboration with Jan De Nul, acting as […]

  • Bechtel taps EnerMech for pre-commissioning gig on Woodside’s LNG project

    10 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aberdeen-headquartered integrated solutions specialist EnerMech has secured a new assignment with Bechtel, an American engineering, procurement, construction, and project management player, for work on the second train of a liquefied natural gas (LNG) project off the coast of Australia.

  • Future and renewable energy-oriented Duisport secures KfW IPEX-Bank funding

    21 August 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Germany’s KfW IPEX-Bank has decided to provide a total of €45 million for Duisburger Hafen AG (duisport) to be invested in the port’s infrastructure.

  • Geotechnical surveys start at 165 MW Lillebælt Syd offshore wind farm in Denmark

    30 July 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Geotechnical surveys have commenced for the Lillebælt Syd offshore wind farm in Denmark, being developed by TotalEnergies, European Energy, and Danish utility company SONFOR. In the coming months, a jack-up will conduct test drilling for the eleven turbine locations at the Lillebælt Syd wind farm site. The purpose of these surveys is to obtain detailed […]

  • Flotte Hamburg trialling HVO 100 fuel on course for climate neutrality

    31 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Flotte Hamburg (Hamburg Fleet), a wholly owned subsidiary of the Hamburg Port Authority, has decided to trial the use of hydrotreated vegetable oil (HVO 100) as part of its decarbonization strategy.

  • Probe into incident at Equinor’s LNG hub sheds light on root cause

    18 November 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Regulation & Policy, Safety

    While pinpointing the primary source, Norway’s state-owned energy giant Equinor has shared its findings regarding a recent investigation into an incident at its liquefied natural gas (LNG) facility on Melkøya island in Northern Norway.

  • C40 Cities, IAPH, IFC unveil sustainability-linked loan for ports to tackle ‘critical’ funding gap

    4 November 2025
    Collaboration, Ports & Logistics, Transition

    C40 Cities, a worldwide network of major cities’ mayors working to tackle the climate crisis and halve greenhouse gas (GHG) emissions by 2030, has unpacked a global port sustainability-linked loan (SLL) initiative. The endeavor, announced on November 4 at a summit, is supported by the International Association of Ports and Harbors (IAPH) and the International […]

  • Canada signals readiness to back LNG boom with go-ahead for $7.4 billion project

    16 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    As countries around the world prepare for massive energy infrastructure build-out, Canada is laying the groundwork to strengthen its trade might and energy security by giving the green light for a liquefied natural gas (LNG) project, which is being developed on the country’s northwest coast to export lower-carbon LNG to markets in Asia.

  • NextGeo bags interconnector, offshore wind cable route survey contracts with Prysmian

    30 July 2025
    Business Developments & Projects

    Prysmian has awarded two contracts to Next Geosolutions (NextGeo), one of which is in the Dutch offshore wind market, where NextGeo will carry out export cable route surveys for the IJmuiden Ver Alpha and Nederwiek 1 offshore wind sites. The second contract NextGeo secured with Prysmian is for the Bay of Biscay interconnection project, an […]

  • Bay of Fundy tidal energy projects receive $10.7M federal boost

    22 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Safety, Vision

    Natural Resources Canada (NRCan) has allocated $10.7 million in federal funding for two projects aimed at advancing tidal energy monitoring in the Bay of Fundy. The funding, delivered through the Energy Innovation Program, will support the Ocean Sensors Innovation Platform (OSIP) led by the Fundy Ocean Research Centre for Energy (FORCE), and the “Reducing Fish-Turbine […]

  • ExxonMobil handing over reins of Australia’s legacy offshore asset to Woodside

    29 July 2025
    Business Developments & Projects, Project & Tenders

    Australia’s oil and gas giant Woodside Energy has signed a deal with the Australian subsidiary of U.S.-headquartered energy major ExxonMobil to assume the operatorship of assets situated off Victoria’s Gippsland coast.

  • Greece gearing up for offshore exploration revival as ExxonMobil joins Ionian Sea block

    6 November 2025
    Business Developments & Projects

    U.S.-headquartered energy giant ExxonMobil, UK-based oil and gas player Energean, and Greece’s HELLENiQ ENERGY Upstream have signed a farm-in agreement for ExxonMobil’s participation in a concession in the northwestern Ionian Sea.

  • HGK Shipping and Wattlab pioneer hybrid solar-powered inland shipping vessel

    8 July 2025
    Business Developments & Projects, Infrastructure, Innovation, Technology, Vessels

    Inland waterway shipping company HGK Shipping has joined forces with the Dutch maritime solar specialist Wattlab for what is claimed to be the world’s first hybrid solar-powered inland shipping vessel.

  • Significant costs ahead for shipping industry to decarbonize, UNCTAD says

    26 September 2025
    Market Outlooks, Outlook & Strategy

    Clear regulatory signals, greater investment and cooperation among governments, industry and financial actors will be essential to driving the shipping industry’s transition, the United Nations Conference on Trade and Development (UNCTAD) said.

  • Legal setback for US LNG arena: Court nixes $11 billion Gulf Coast project’s permit

    20 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    A wave of planned U.S. liquefied natural gas (LNG) projects is perceived to be under scrutiny in the aftermath of a recent court ruling, which revoked a permit for an LNG export terminal over alleged climate harms. This decision is anticipated to halt the project’s construction activities on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of America (Gulf of Mexico) near Cameron Parish in Louisiana, United States.

  • Swire Shipping rolls out new carbon insetting program

    14 July 2025
    Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Singapore-based shipping company Swire Shipping has launched Voyage to Zero, a carbon insetting program that promises a reduction in Scope 3 greenhouse gas (GHG) emissions.

  • IMO delays adoption of shipping carbon tax in ‘might is right’ show

    20 October 2025
    Authorities & Government, Regulation & Policy, Rules & Regulation

    Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on October 17.

  • Morlais tidal energy project scales up as Cydnerth construction begins

    31 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South Stack) with the national grid. The £16 […]

  • Readers’ choice: Offshore Energy’s most-read news in 2025

    1 January 2026
    Authorities & Government, Automation, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Environment, Equipment, Exploration & Production, Green Marine, Heavy lifting, Human Capital, Infrastructure, Innovation, IT & Software, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Safety, Storage, Technology, Transition, Vessels, Vision

    As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks back at the most-read stories that drew the most interest throughout 2025. […]

  • Upgrade and maintenance wrap up for Island Offshore’s 17-year-old vessel

    2 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norway’s VARD has completed an upgrade and maintenance project on the 17-year-old Island Wellserver multi-purpose vessel owned by Island Offshore. Delivered in 2008, the 116-meter-long Island Wellserver is capable of performing light well intervention and associated services, construction and subsea installation work, securing of wells, trenching, tower and module handling, P&A and crane work, inspection, […]

  • VARD cuts steel for second Island Offshore hybrid ocean energy construction vessel

    3 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vessels, Vision

    Norwegian shipbuilder VARD has cut the first steel for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore, some four months after the first steel was cut for the first vessel. Island Offshore placed an order with VARD for the design and construction of the first hybrid power […]

  • Full offtake from Conrad’s Indonesian gas field booked by local utility

    17 July 2025
    Business Developments & Projects, Project & Tenders

    Singapore-headquartered natural gas player Conrad Asia Energy has signed a binding agreement for the sale and purchase of natural gas with PT PLN Energi Primer Indonesia (PLN EPI), a wholly owned subsidiary of Indonesian state-owned electric utility company PT Perusahaan Listrik Negara (Persero), or PLN Persero.