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Business Developments & Projects

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A photo illustration showing Resolute Marine's wave energy converter (Courtesy of Resolute Marine)
Business Developments & Projects

DMEC and EMEC guide technology qualification for Resolute Marine

The Dutch Marine Energy Centre (DMEC) and the European Marine Energy Center (EMEC) have held a technology qualification workshop with Resolute Marine as part of the Marine Energy Alliance (MEA) project.

about 5 years ago
oil barrels - Rystad - largest crude deficit in years
Business Developments & Projects

Rystad expects 2021 to bring largest crude deficits in years

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The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad.

about 5 years ago
Fortuna vessel - Nord Stream 2
Business Developments & Projects

Nord Stream 2 to start laying pipes in Danish waters in January

Russia’s Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021.

about 5 years ago
West Hercules rig; Source: Greenpeace
Business Developments & Projects

Norwegian court’s ruling in favour of Arctic drilling sparks outrage

Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.

about 5 years ago
Eni - energy transition path
Business Developments & Projects

Eni enters new alliance to work on key sectors of energy transition

Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.

about 5 years ago
EU backs Port of Algeciras LNG bunkering vessel build
Business Developments & Projects

EU backs Port of Algeciras LNG bunkering vessel build

The Spanish port of Algeciras has been granted EU support for the construction of a dedicated liquefied natural gas (LNG) bunkering vessel.

about 5 years ago
Deirdre Michie, Oil & Gas UK chief executive
Business Developments & Projects

Oil & Gas UK adds three board members as sector pushes to meet net-zero target

Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets.

about 5 years ago
ships
Business Developments & Projects

Maritime UK, Carbon13 team up to accelerate maritime decarbonisation

Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.

about 5 years ago
Photo of WavEC’s ROV moving towards the WaveRoller device (Courtesy of WESE Project)
Business Developments & Projects

WESE project carries out WaveRoller monitoring off Portugal

WESE project has completed an environmental monitoring campaign for the WaveRoller wave energy device deployed off the coast of Portugal.

about 5 years ago
A view from an offshore wind turbine
Business Developments & Projects

AqualisBraemar acquires LOC Group

AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the purchase price consideration of USD 20.2 million (around EUR 16.5 million) cash consideration plus two million conditional warrants in AqualisBraemar. As reported in November, when the acquisition was announced, LOC Group’s

about 5 years ago
Spliethoff
Business Developments & Projects

Construction starts on Spliethoff’s DP2 duo

China’s Mawei shipyard has cut the first steel for two DP2 B-Type vessels ordered by Dutch shipping company Spliethoff.

about 5 years ago
The Statfjord C platform in the North Sea. (Photo: Equinor/Harald Pettersen)
Business Developments & Projects

Equinor and partners to improve North Sea field recovery with $345 million investment

Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.

about 5 years ago
A photo of AR500 delivered to Japan (Courtesy of Simec Atlantis)
Business Developments & Projects

Simec Atlantis tidal kit lands in Japan

Simec Atlantis has delivered its tidal energy generation equipment to Japan ahead of deployment in the Naru Strait.

about 5 years ago
Leiv Eiriksson rig - ConocoPhillips
Business Developments & Projects

ConocoPhillips makes ‘significant’ oil discovery off Norway

ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea.

about 5 years ago