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Business Developments & Projects

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Offshore WindWind FarmsOperations & MaintenanceProject & TendersCablingSubseaEnvironmentEquipmentInfrastructureSafetyFossil EnergyOil & GasBusiness & FinanceTransitionClean FuelVesselsMarine EnergyInnovationOutlook & StrategyTechnologyHuman CapitalDeepwater InstallationHeavy liftingPorts & LogisticsSurveys & InterventionsAuthorities & GovernmentExploration & ProductionRules & Regulation
The WindFloat Atlantic floating wind farm in Portugal
Business Developments & Projects

162 offshore wind farms up and running worldwide, 26 more under construction

Last year, 15 new offshore wind farms generated their first electricity and there are now 162 offshore wind farms up and running worldwide. Soon, 26 more that are under construction will join the global fleet. This is according to the Global Offshore Wind Report 2020 from World Forum Offshore Wind (

about 5 years ago
Tekmar cable protection system
Business Developments & Projects

Tekmar guards Kaskasi export cables

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Tekmar Energy has won a contract to supply its cable protection systems for the Kaskasi offshore wind farm in Germany. The Kaskasi offshore wind farm is a 342MW wind project located in the German North Sea. Construction work will start in Q3 2021, with full project commissioning planned for 2022. On

about 5 years ago
Draugen platform - OKEA
Business Developments & Projects

Aker BP man to join OKEA as new CEO

Norwegian oil and gas company OKEA has appointed Svein J. Liknes as its new CEO, starting from June 2021.

about 5 years ago
Nexans cabling vessel
Business Developments & Projects

Nexans bags Hadselfjord cabling contract

Nexans has secured a contract from Norway’s Statnett to supply and install a new high-voltage subsea power link crossing Hadselfjord in the far north of the country. The current Hadselfjord cable, installed in 1977, has exceeded its technical design life. The project aims to further boost electricit

about 5 years ago
Total
Business Developments & Projects

Total sees profit dive, plans to change name in energy transition push

Total decided to change its name as part of its efforts to anchor its transformation into a broad energy company in line with energy transition

about 5 years ago
Fortuna; Source: Verdijk Maritiem Nord Stream Gazprom
Business Developments & Projects

Gazprom restarts Nord Stream 2 pipe laying in Danish waters

The consortium behind the Gazprom-led Nord Stream 2 natural gas pipeline has resumed pipe laying offshore Denmark despite mounting pressure on the project from Washington.

about 5 years ago
European offshore wind draws record investment in 2020
Business Developments & Projects

European offshore wind draws record investment in 2020

Europe confirmed a record amount of €26.3 billion of investments in 2020 that will finance 7.1 GW of new offshore wind farms to be built in the coming years, WindEurope said. For comparison, €6.1 billion was invested in four offshore wind projects in 2019. This represents an increase of over 330 per

about 5 years ago
Stril Mar PSV - Simon Møkster
Business Developments & Projects

Aker BP hires Møkster platform supplier

Norwegian offshore vessel owner Simon Møkster has been awarded a new vessel contract from compatriot oil company Aker BP for a drilling campaign in Norway.

about 5 years ago
The ‘Marine Energy E-pitching session’ is being organised by BlueInvest and DMEC (Courtesy of DMEC)
Business Developments & Projects

BlueInvest and DMEC partner up for marine energy private investments

BlueInvest and Dutch Marine Energy Centre (DMEC) have joined forces to mobilise private investment in the marine energy sector.

about 5 years ago
Core Project; Source: IOG
Business Developments & Projects

IOG picks former Ithaca man as new chief operating officer

Oil and gas company focused on the UK North Sea Independent Oil and Gas (IOG) has appointed a new chief operating officer (COO).

about 5 years ago
Mcdermott J-Lay vessel Amazon
Business Developments & Projects

McDermott’s Amazon gets its J-lay gear

Royal IHC has been modifying McDermott’s pipelay and construction vessel Amazon in the port of Rotterdam for several months. On behalf of Royal IHC, Heerema’s Sleipnir has now successfully installed the J-lay Tower onto McDermott’s vessel. IHC manages the whole modification of this project, from the

about 5 years ago
Providence gets green light for Barryroe site survey
Business Developments & Projects

Providence gets green light for Barryroe site survey

Oil and gas exploration firm Providence has secured the approval from the Irish government to undertake a seabed and shallow geophysical survey and an environmental baseline and habitat assessment survey, at the K-Site location, Barryroe in the North Celtic Sea. The offshore survey, when completed l

about 5 years ago
BP and EnBW secure prime wind real estate offshore UK
Business Developments & Projects

BP and EnBW secure prime wind real estate offshore UK

UK oil and gas major bp and German energy company EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4. This marks bp’s entry into the UK’s offshore wind power sector, currently the largest in the world. The leases, both located in the Irish Sea, offer

about 5 years ago
Iberdrola's Wikinger offshore wind farm in the German Baltic Sea
Business Developments & Projects

Iberdrola’s € 2 Bn green bond to fund Saint Brieuc, Baltic Eagle OWFs

Iberdrola has launched a green hybrid bond amounting to EUR 2 billion and will use the raised funds to finance and refinance the Saint-Brieuc and Baltic Eagle offshore wind farms in France and Germany, respectively. The company said that this was the largest green hybrid bond issue in its history an

about 5 years ago