10000 results found for 'iceland'

10000 results found for 'iceland'
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  • Minesto-led consortium gets $2.6M for tidal microgrid in Faroe Islands

    30 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid technology provider Capture Energy, Faroese utility company SEV, and IVL […]

  • Sweden moves to widen dragnet on Russia’s shadow fleet

    2 June 2025
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation, Safety, Vessels

    The Swedish government has decided to draw the net tighter around vessels sailing under international flags as part of its action targeting Russia’s so-called ‘shadow fleet’. As disclosed, the measures, set to enter force from July 1, 2025, tighten control of foreign ships by requiring them to provide insurance information as a way to counter […]

  • BAR Technologies to install wind propulsion tech on dual-fuel LR2 tanker pair

    22 July 2025
    Business Developments & Projects, Infrastructure, Technology, Vessels

    UK-based wind propulsion technology provider BAR Technologies has received an order for its propulsion system to be installed on two new long-range 2 (LR2) dual-fuel tankers operated by compatriot shipping company Union Maritime.

  • Shearwater GeoServices going to African island under contract with TotalEnergies

    26 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    France’s energy giant TotalEnergies has awarded Norway’s Shearwater GeoServices with a contract to perform marine seismic acquisition at an offshore block in São Tomé and Príncipe, West Africa, it entered last year. The project is the first under a three-year firm capacity reservation agreement (CRA) for global marine seismic streamer acquisition services the companies signed […]

  • North Sea oil & gas pair comes up on CHC’s flight radar with multi-year chopper deal

    18 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.

  • Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG

    9 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia.

  • LS Cable & System signs contracts for 532 MW offshore wind farm in South Korea

    11 July 2025
    Business & Finance, Business Developments & Projects

    LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth ₩177 billion (approximately $185 million). LS Marine Solution will be responsible for laying the submarine cables that will connect […]

  • €2.45 million wave energy project targets Atlantic coastal deployment

    11 July 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Technology

    Wave energy developer Eco Wave Power has joined a newly approved €2.45 million project under the Interreg Atlantic Area Program, focused on advancing scalable wave energy deployment across Europe’s Atlantic coastline.  According to Eco Wave Power, the project, named Atlantic Wave Energy Sustainable Deployment Initiative (AWESDI), is part of the program’s third call for proposals […]

  • HGK Shipping, Covestro to install wind propulsion tech on Amadeus Titanium

    10 July 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    German shipping company HGK Shipping and compatriot chemicals company Covestro have decided to retrofit a liquid coaster vessel with wind-assisted propulsion technology. Pressing ahead to provide sustainable shipping services on European short-sea routes, the two companies have now signed an agreement to extend their existing partnership until 2040. Among other things, it involves refitting the […]

  • EU places ocean energy at heart of clean power push

    11 July 2025
    Authorities & Government, Collaboration, Environment, Outlook & Strategy, Regulation & Policy, Vision

    The European Commission has included ocean energy among the technologies eligible under the 5% innovation target set by the EU Renewable Energy Directive. According to Ocean Energy Europe (OEE), a network of ocean energy professionals,  the guidance issued on July 2, 2025, calls on member states to ensure that 5% of newly installed renewable energy […]

  • Minesto slashes costs, closes Wales office in major reorganization

    10 July 2025
    Business & Finance, Business Developments & Projects, Human Capital, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vision

    Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports a 35% reduction in fixed costs as a result. Minesto has shut down its Holyhead office […]

  • Panama tightens grip on STS oil transfers in crackdown on Russia’s ‘shadow fleet’

    26 May 2025
    Authorities & Government, Regulation & Policy, Rules & Regulation, Vessels

    The Panama Maritime Authority (PMA) has decided to strengthen the ship-to-ship (STS) oil transfer operation requirements for tankers flying the country’s flag to “shut the door” to Russia’s so-called shadow fleet. As disclosed, the decision was made to address two vital issues at once: the operations of Russia’s dark fleet and the need to ‘bolster’ […]

  • 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 […]

  • Shelf Drilling rig staying five more years with Aramco

    30 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco.

  • DP World to breathe new life into Syria’s Port of Tartus

    14 July 2025
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics, Regulation & Policy

    The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

  • First jacket comes to slide into place at huge offshore gas project

    7 July 2025
    Business & Finance, Business Developments & Projects

    ADNOC has tucked a new construction milestone under its belt with the load-out and transport of the first jacket for its multibillion-dollar giant sour gas development, which aims to become the world’s first project to operate with net-zero emissions.

  • Chinese utility company completes purchase of stake in Greek TSO’s subsidiary

    4 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has completed the purchase of a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), this way entering what is said to be Greece’s largest island interconnector. The agreement for […]

  • Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal

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

    Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security.

  • All inter-array cables in place at French 488 MW offshore wind farm

    24 June 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    The final inter-array cable was installed at the 488 MW Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, developed by Les Éoliennes en Mer Services. The 61st and final inter-array cable was installed at the EMYN site located 11.7 kilometers from the island of Yeu and 16.5 kilometers from the island of Noirmoutier. […]

  • China’s first methanol-dual fuel boxship wraps up inaugural bunkering at Port of Yangpu

    8 July 2025
    Infrastructure, Vessels

    COSCO SHIPPING YANGPU, China’s first domestically build methanol dual-fuel containership, completed its maiden voyage to the Port of Yangpu in Hainan Province on July 2, 2025.

  • Damen signs contract with South Korea’s Starline for delivery of new fast ferry

    9 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

  • Shelf Drilling finds work for one 1982-built rig, eyes sale of another

    2 July 2025
    Business Developments & Projects, Project & Tenders

    UAE-headquartered offshore drilling contractor Shelf Drilling has inked a multi-year contract with India’s Oil and Natural Gas Corporation (ONGC) for a jack-up rig to be deployed in the Mumbai High, offshore India.

  • New consortium to explore floating nuclear power for Mediterranean energy needs

    3 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Transition

    American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have established a consortium to assess the feasibility of deploying floating nuclear power plants (FNPPs) in the Mediterranean Sea.

  • China’s Wuhu Shipyard sets sights on European market with new green shipping alliance

    24 June 2025
    Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Research & Development, Technology

    Chinese shipbuilder Wuhu Shipyard has moved to enter the European market with a new research and development (R&D) cooperation agreement focused on green shipping technology.

  • US lawmakers propose twin bills to tackle maritime pollution

    18 July 2025
    Authorities & Government, Environment, Infrastructure, Ports & Logistics, Regulation & Policy, Transition

    Two United States lawmakers have introduced a pair of bills aimed at cutting down on dangerous air pollution within the maritime transport industry. As disclosed, on July 10, California-representing US Senator Alex Padilla reintroduced the Clean Shipping Act of 2025, led by House Representative Robert Garcia, targeting greenhouse gas (GHG) emission reduction from shipping to […]