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Business Developments & Projects

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Gasum bolsters carbon neutrality push
Business Developments & Projects

Gasum bolsters carbon neutrality push

The Nordic energy company Gasum has set new environmental targets to mitigate climate change.

about 5 years ago
The location of Tyne Gangway at River Tyne
Business Developments & Projects

Safeway, Tyne Gangway join forces in UK

Dutch company Safeway and the UK-based Tyne Gangway have signed a cooperation agreement, which will see Tyne Gangway supporting Safeway in the Port of Tyne and the UK. The UK company, specialising in design and manufacturing of marine access systems, will provide the aluminium inner and outer boom a

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about 5 years ago
Photo of Milford Haven Waterway (Courtesy of Marine Energy Wales)
Business Developments & Projects

Welsh national marine energy test centre secures marine license

Marine Energy Test Area (META), Wales’ national marine test centre, has obtained the marine license for the second phase of the project from Natural Resources Wales (NRW).

about 5 years ago
Fortuna; Source: Verdijk Maritiem Nord Stream 2
Business Developments & Projects

Pipelayer resumes work on Nord Stream 2 in Danish waters

A pipelayer vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline regardless of the pressure from the United States and European Union to stop it.

about 5 years ago
Waves Group appoints an LNG specialist
Business Developments & Projects

Waves Group appoints an LNG specialist

Waves Group, an offshore marine and engineering consultancy company, is expanding its team by adding Kenneth English, an LNG specialist and class one marine engineer.

about 5 years ago
A photo of FPP's hybrid floating wind and wave platform at IHCantabria (Courtesy of Floating Power Plant)
Business Developments & Projects

Floating Power Plant gets EU backing to continue floating wind and wave trials

Danish company Floating Power Plant (FPP) has secured support from the EU-funded MaRINET2 project to test its hybrid floating wind and wave platform at IHCantabria facilities in Spain.

about 5 years ago
Fécamp site from shore, rendering wind turbines
Business Developments & Projects

Fécamp offshore wind farm launches crowdfunding campaign

A crowdfunding campaign for the construction of the Fécamp offshore wind farm in Normandy, France, has been launched on the Kiwaï platform for Normandy residents who wish to invest in the project. The crowdfunding campaign is aiming at a loan amount of EUR 750,000, with contributions ranging from a

about 5 years ago
Stena Don rig - Stena Drilling
Business Developments & Projects

Petrofac hires Stena rig for UK operations

Offshore drilling contractor Stena Drilling has signed a new drilling contract with Petrofac for operations in the UK using the Stena Don rig.

about 5 years ago
Illustration; Source: BP
Business Developments & Projects

BP in oil exploration team cuts as climate change-driven reorganisation continues

Oil major BP has drastically cut its fossil fuel exploration team in an attempt to keep up with the fast-moving revolution focused around renewables and climate change.

about 5 years ago
An image showing BT-220IU during wind turbine installation
Business Developments & Projects

Kongsberg signs LOI for OIM Wind’s next-gen jack-up vessel

Kongsberg Maritime has signed a Letter of Intent (LOI) with Yantai CIMC Raffles Offshore shipyard for the delivery of a large technology package for the BT-220IU Wind Turbine Installation Unit, a next-generation installation vessel to be built for OIM Wind. Norway-based OIM Wind and China’s CIMC Yan

about 5 years ago
BP launches direct sales of LNG in China
Business Developments & Projects

BP launches direct sales of LNG in China

British multinational oil and gas company BP begun to directly supply LNG to gas customers in China, thus completing an integrated gas value chain in the country.

about 5 years ago
Waveco's Subwave technology (Courtesy of Waveco)
Business Developments & Projects

Waveco gearing up for Subwave prototype debut

In collaboration with strong international players, the Norwegian wave energy developer Waveco has advanced the development of the full-scale Subwave wave energy prototype which could be ready for deployment by the end of the year.

about 5 years ago
Premier Oil
Business Developments & Projects

Premier-Chrysaor tie-up gets new CFO

Premier Oil has announced the proposed appointment of a new CFO of a new entity, which will be formed following the completion of a merger with Chrysaor.

about 5 years ago
First wind turbine standing at the Triton Knoll project site
Business Developments & Projects

First wind turbine up at Triton Knoll offshore wind farm

The first of a total of 90 offshore wind turbines has been installed at the Triton Knoll offshore wind farm site, located some 32 kilometres offshore Lincolnshire, UK. The wind farm is expected to generate first power this Spring, according to RWE. The 9.5 MW MHI Vestas wind turbines are being insta

about 5 years ago