10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • TotalEnergies and partner inaugurate 31 MW floating solar power plant in Belgium

    23 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    French energy giant TotalEnergies and Switzerland-headquartered sustainable construction player Holcim have inaugurated a floating solar power plant with a 31 MW capacity, located in Belgium. The plant, inaugurated on March 20, is located in Obourg on a former chalk quarry site that has been rehabilitated into a lake and produces 30 GWh of renewable electricity per […]

  • DOF gets call from the Atlantic from BP

    10 November 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and maintenance (IRM) operations. Preparations are already underway, with the company providing […]

  • Acteon, Wynnergy team up to deliver offshore wind solutions across Asia

    29 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy

    UK-headquartered Acteon and Taiwan-based marine solutions provider Wynnergy Marine have signed a strategic Memorandum of Understanding (MoU) to jointly deliver renewable energy projects across the region. The partnership supports offshore wind growth in Taiwan by providing integrated solutions that combine subsea services and local marine vessels. Together, the companies combine Acteon’s knowledge in geophysical and […]

  • Guyana’s fourth offshore project propels output at Exxon-operated oil block to new heights

    13 November 2025
    Business Developments & Projects, Exploration & Production

    The Guyanese subsidiary of U.S.-headquartered energy giant ExxonMobil has reached a production milestone at a field it operates offshore Guyana.

  • Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

    6 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap on rolling out practical emissions-reduction solutions across its fleet of FPSOs.

  • DOF continues its winning streak with Petrobras with two new contracts

    15 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy company Petrobras that have a combined value of approximately $200 million. Skandi Chieftain and Skandi Olympia have been awarded four-year charters, with both vessels to operate with one work-class remotely operated vehicle (WROV). Delivery is expected in October 2026. The […]

  • US-South Korean partnership seeks to ‘streamline’ smart vessel technologies

    7 November 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Vessels

    Classification society American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have inked an agreement to explore the international standardization of smart vessel and shipyard technologies. Under the terms of the memorandum of understanding (MoU) that the two partners signed, ABS and KATS will specifically focus on shipbuilding and vessel […]

  • Solstad and Ocean Installer agree contract extension for advanced CSV, possibly until 2031

    29 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norway’s Solstad Maritime has secured a charter party agreement extension with compatriot marine construction and operations player Ocean Installer, part of the Moreld Group, for an advanced multi-purpose offshore construction vessel built in 2014. Solstad Maritime announced today, October 29, the first optional one-year contract extension for the 157-meter-long Normand Vision with Ocean Installer, in […]

  • Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat

    21 November 2025
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of commentators’ reactions, sparking both applause and outrage. While some are calling it vital for national security, energy independence, and job creation, others see it as a major risk that could jeopardize the $250 billion coastal economy and millions of jobs in […]

  • Work begins on 203-kilometer Scottish HVDC transmission link

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

    Both onshore and offshore enabling works have commenced for the development of the 2 GW Spittal to Peterhead subsea cable link project in Scotland, which will support national clean power and energy security ambitions. The 203-kilometer high-voltage direct current (HVDC) link will connect the Banniskirk Hub substation development in Caithness to the Netherton Hub in […]

  • Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia

    21 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    Japanese major Mitsubishi Heavy Industries (MHI) and Indonesia’s Institut Teknologi Bandung (ITB) have signed a new research agreement to continue exploring the potential of ammonia-based clean power in Indonesia. MHI and ITB concluded a memorandum of understanding (MoU) in 2020 to collaborate on research into next-generation clean energy solutions and analysis of big data relating […]

  • Equinor books Axess for North Sea riser replacement work

    27 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.

  • 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.

  • Ten big consolidation moves across rig, oil & gas, and shipping spheres

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

    As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their place in the offshore industry’s pyramid. Offshore Energy has curated a list of ten developments that encompass some of the most interesting market consolidation plays that occurred in 2025.

  • Minesto dismisses claim for damages received from former major shareholder

    22 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Swedish tidal energy developer Minesto has dismissed a claim for damages directed against the company from the former major shareholder BGA Invest as unfounded. The claim for damages is allegedly based on the board of directors’ resolution to allot shares to BGA in the company’s rights issue carried out during autumn 2025. BGA alleges that […]

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • Two 2018-built vessels pick up North Sea gig with TGS

    2 March 2026
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian energy data and intelligence company TGS has hired two platform supply vessels (PSVs), managed by Norway’s shipping company, Remøy Shipping.

  • Offshore vessel charging tech developer plans commercial rollout in UK

    20 March 2026
    Business & Finance, Innovation, Technology, Vessels

    Stillstrom, part of A.P. Moller – Maersk and based in Denmark, has established a dedicated entity in Aberdeen, Scotland, with plans to roll out its offshore vessel charging solution commercially in the UK. The solution is transitioning from development to commercial deployment, and, according to a press release issued by Stillstrom on March 16, the […]

  • North Sea becomes richer for another oil discovery

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has found more black gold in the North Sea off the coast of Norway, thanks to drilling activities with one of Odfjell Drilling’s semi-submersible rigs.

  • Hong Kong sees first LNG ship-to-ship bunkering for very large crude carrier

    4 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Vessels

    CNOOC (Shenzhen) International Marine Clean Energy, a subsidiary of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), and CLPe, a wholly owned subsidiary of CLP Holdings, have wrapped up Hong Kong’s first liquefied natural gas (LNG) ship-to-ship bunker operation for a very large crude carrier (VLCC).

  • $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

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

    Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security.

  • Worley among firms breathing life into $44 billion LNG project during early execution stage

    23 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken steps to move the first phase of its liquefied natural gas (LNG) export development in Alaska from development into early execution by announcing conditional awards for pipeline construction and line pipe supply, following a multi-round bid process that began with twenty participants. As a result, Australia’s engineering player Worley is selected to provide engineering, procurement, and construction management (EPCM) services.

  • Aramco splashes $30 billion on 17 more deals with US players

    21 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies such as SLB, Baker Hughes, McDermott, Halliburton, NESR, KBR, Flowserve, NOV, Worley, and Fluor.

  • ‘Lengthy’ farm-out for African oil & gas assets edging closer to finish line

    16 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Tower Resources, the AIM-listed oil and gas company focused on Africa, is making inroads in closing its farm-out deals for assets off the coasts of Namibia and Cameroon.

  • ABS, KRISO level up small modular nuclear reactors collab

    28 October 2025
    Collaboration, Outlook & Strategy

    ABS and KRISO have signed MOU to cooperate on the application of small modular reactors (SMRs) in the marine and offshore sectors.