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Business Developments & Projects

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An image showing AquaVentus offshore wind turbines with electroloysers on foundation platforms
Business Developments & Projects

Equinor, Ørsted, Boskalis join AquaVentus offshore wind-to-hydrogen project

Ten new companies have joined the AquaVentus offshore wind-to-hydrogen project, including offshore wind developers Ørsted, Equinor, and WindMW, as well as the offshore construction company Royal Boskalis Westminster. The AquaVentus consortium, which is developing a massive project revolving around g

about 5 years ago
Baker Hughes' Subsea Controls System
Business Developments & Projects

Baker Hughes gets subsea order from Petrobras

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Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan.

about 5 years ago
Photo showing the IMAGINE test rig and mounting of EMG prototype at VGA facility (Courtesy of IMAGINE)
Business Developments & Projects

IMAGINE consortium makes progress on wave electro-mechanical PTO

The IMAGINE project consortium has made headway on the manufacturing and assembly of the Electro-Mechanical Generator (EMG) power take-off (PTO) concept and the test rig, along with other project assessments and deliverables.

about 5 years ago
Barossa concept - Santos
Business Developments & Projects

Eni and Santos to collaborate on projects in Australia and Timor-Leste

Italy’s Eni and Australia’s Santos have agreed to cooperate on projects in northern Australia and Timor-Leste.

about 5 years ago
An aerial photo of Acta Centaurus walk-to-work vessel at an offshore wind turbine
Business Developments & Projects

Acta Marine seeks co-owner to back fleet expansion

Acta Marine and shareholder MerweOord are seeking a strategic co-owner to support the further expansion of the company’s offshore wind business. The strategic plan focuses on ordering two more construction service operation vessels (CSOVs) in the short term, as well as service operation vessels and

about 5 years ago
A photo of Wilson Offshore's Atlantic Platform Supply Vessel at sea
Business Developments & Projects

N-O-S adds four Wilson Offshore’s vessels to its fleet

Northern Offshore Services (N-O-S) will take over the management of four Wilson Offshore’s offshore supply vessels (OSVs) designed for accommodation, cargo transfers, walk-to-work (W2W), survey, and ROV operations. Under a cooperation agreement with the ship owner Wilson Offshore, N-O-S will take ov

about 5 years ago
Icelandic
Business Developments & Projects

Icelandic maritime start-up secures fresh funding

Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund with the participation of Innoport and TechNexus.

about 5 years ago
Ocean Harvesting Technologies’ wave energy technology
Business Developments & Projects

In focus: In pursuit of carbon-neutrality – the holy grail of energy transition

In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ

about 5 years ago
Eni
Business Developments & Projects

Stronger price environment pushes Eni 1Q profit past $1 billion

Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the year due to a strengthened upstream price environment.

about 5 years ago
Bratislava port ready for LNG terminal
Business Developments & Projects

Bratislava port eyes LNG terminal

A liquefied natural gas (LNG) terminal, which will cost €40 million, is being built in a public port in Bratislava, Slovakia.

about 5 years ago
The first jacket foundation assembled at Navantia yard in Fene, Spain
Business Developments & Projects

First jacket foundation completed for Saint-Brieuc offshore wind farm

Navantia has completed the construction of the first jacket foundation for the French Saint-Brieuc offshore wind farm at its shipyard in Fene, Spain. The completion of the first jacket follows the reception of the first batch of components manufactured at the French port of Brest. The components hav

about 5 years ago
Riffgat offshore wind farm
Business Developments & Projects

An Industry First: Dutch Gas Platform to Run Entirely on Offshore Wind Power

Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to

about 5 years ago
An offshore wind farm
Business Developments & Projects

Offshore wind investments to reach $810 billion by 2030 – Rystad Energy

With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ

about 5 years ago
Photo showing SolarDuck's floating solar demonstrator installed in IJzendoorn (Courtesy of SolarDuck)
Business Developments & Projects

Watch: SolarDuck debuts its floating solar platform

SolarDuck, a Dutch renewable energy start-up, has launched its first floating solar energy project at IJzendoorn in the Netherlands.

about 5 years ago