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Business Developments & Projects

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Safe Caledonia - Prosafe
Business Developments & Projects

Prosafe still working to hammer out financial solution with lenders

Prosafe is still working to resolve its financial situation with lenders but is still unclear what a final solution may look like.

about 5 years ago
EU
Business Developments & Projects

EU: New battery project targets greener waterborne transport

Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.

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about 5 years ago
Goliat field - Vår Energi
Business Developments & Projects

Vår Energi picks Equinor man for CEO role

Vår Energi has appointed Torger Rød as the company’s new CEO following the departure of Kristin Kragseth to lead the Norwegian state-owned Petoro.

about 5 years ago
Wikinger offshore wind farm, aerial view with one turbine close up
Business Developments & Projects

Ramboll tests digital twin tech at Wikinger OWF

Ramboll has completed a pilot test of its True Digital Twin technology at Iberdrola’s 350 MW Wikinger offshore wind farm in the German sector of the Baltic Sea. The results of the pilot test, carried out as part of the EU Horizon 2020’s ROMEO project, have been summarised in two reports, according t

about 5 years ago
Wavepiston test string being deployed at PLOCAN (Courtesy of Michael Henriksen/Wavepiston)
Business Developments & Projects

Ocean energy gets €5 million EU boost for hybrid testing platform

European Union’s Horizon 2020 program has awarded €5 million to VALID project for the development of a Hybrid Testing Platform that will accelerate the testing of marine energy devices in Europe’s race towards carbon neutrality.

about 5 years ago
West Bollsta; Source: Semco Maritime Lundin
Business Developments & Projects

Lundin picks up drilling permit for North Sea well

Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.

about 5 years ago
Navios
Business Developments & Projects

Navios Partners inks deal to acquire Navios Containers

Dry cargo vessel owner and operator Navios Maritime Partners has entered into a definitive merger agreement to acquire container shipping company Navios Maritime Containers.

about 5 years ago
Liberator field - i3 Energy
Business Developments & Projects

i3 Energy abandons ‘sub-commercial’ Liberator licence

i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.

about 5 years ago
Island Wellserver working on well intervention for Equinor
Business Developments & Projects

Equinor gets consent for use of well intervention vessel

Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.

about 5 years ago
An image showing a concept for Exowave large-scale wave energy device (Courtesy of Exowave)
Business Developments & Projects

Exowave bags government funding for multi-use wave energy device

Clean energy technology start-up Exowave has secured funding from the Danish government to advance the project that combines wave energy extraction with desalination and hydrogen production.

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

Azerbaijan sends first gas export via TAP pipeline

Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.

about 5 years ago
Tristar Ruby docking at the FSRU LNG Croatia
Business Developments & Projects

Croatia’s LNG terminal starts commercial operation

Croatia’s first liquefied natural gas (LNG) import facility has started commercial operations on January 1, right on schedule.

about 5 years ago
TurkStream pipe being built; Source: Gazprom
Business Developments & Projects

Gazprom starts delivering TurkStream gas to Bosnia, Serbia

Russian energy giant Gazprom has begun delivering natural gas to Serbia and Bosnia and Herzegovina through the TurkStream pipeline and a new route crossing Turkey and Bulgaria.

about 5 years ago
Pacific Drilling drillships; Source: Pacific Drilling
Business Developments & Projects

Pacific Drilling emerges from bankruptcy

Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has emerged from the Chapter 11 process.

about 5 years ago