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Business Developments & Projects

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SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Business Developments & Projects

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago
Source: CorPower Ocean
Business Developments & Projects

EU backs CorPower’s next wave energy step with €40M grant

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Swedish wave energy developer CorPower Ocean has secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal. The VianaWave project will comprise 30 wave energy converters (WECs), grouped in

about 1 year ago
Allseas lays 20-kilometer pipeline for EU’s first large-scale CO2 transport and storage project
Business Developments & Projects

Allseas lays 20-kilometer pipeline for EU’s first large-scale CO2 transport and storage project

Allseas’ Lorelay has completed offshore pipelaying for the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project, the first offshore carbon capture and storage (CCS) project in the Netherlands. This first large-scale CO2 transport and storage project to be realized in the EU is

about 1 year ago
Van Oord orders two methanol-capable subsea rock installation vessels from China
Business Developments & Projects

Van Oord’s new subsea rock installation vessels bear Ulstein design

Van Oord’s new subsea rock installation vessels, recently ordered from the Chinese shipyard Yantai CIMC Raffles Offshore, have been designed by Norway’s Ulstein. Working in close collaboration with Van Oord’s technical team, Ulstein said it supported the selection of the optimal vessel size and conf

about 1 year ago
Solstad CSV to start new contract this month
Business Developments & Projects

Solstad CSV to start new contract this month

Norway’s Solstad Maritime, established in January 2024, has secured a contract with Texas-headquartered operator of seismic acquisition programs SAExploration for one of its construction support vessels (CSVs). The contract defined as substantial, meaning it is worth between $10 million and $30 mill

about 1 year ago
Electric Hydrogen’s turnkey electrolyzer solution passes DNV review
Business Developments & Projects

Electric Hydrogen’s turnkey electrolyzer solution passes DNV review

DNV has completed a technical review of Electric Hydrogen’s turnkey electrolyzer solution, HYPRPlant, confirming its compliance with current industry standards for process design, safety, and manufacturing practices.

about 1 year ago
Nuclear
Business Developments & Projects

Two organizations shake hands to work on nuclear-powered shipping and TNPP

The World Nuclear Transport Institute (WNTI) and the Nuclear Energy Maritime Organisation (NEMO) have penned a memorandum of understanding (MoU) to collaborate on advancing nuclear-powered shipping and transportable nuclear power plants (TNPP). As disclosed, the partners will seek to pioneer the cre

about 1 year ago
BAR Technologies
Business Developments & Projects

BAR Technologies to install wind propulsion tech on dual-fuel LR2 tanker pair

UK-based wind propulsion technology provider BAR Technologies has received an order for its propulsion system to be installed on two new long-range 2 (LR2) dual-fuel tankers operated by compatriot shipping company Union Maritime.

about 1 year ago
SLB adds first UK offshore CO2 storage project to its to-do list
Business Developments & Projects

SLB adds first UK offshore CO2 storage project to its to-do list

Texax-headquartered energy technology company SLB has secured a contract to deliver carbon storage solutions for the UK’s first offshore carbon capture and storage (CCS) project, developed by a joint venture of BP, Equinor and TotalEnergies. For the Northern Endurance Partnership (NEP) project, SLB

about 1 year ago
Serica Energy
Business Developments & Projects

Serica Energy brings UK firm with North Sea oil & gas assets into its fold

UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).

about 1 year ago
An offshore platform at Valhall field
Business Developments & Projects

Asset trio stake sale to Inpex fueling Pandion’s growth ambitions

Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.

about 1 year ago
NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
Business Developments & Projects

NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening it

about 1 year ago
Source: Oceans of Energy
Business Developments & Projects

HKN to track marine ecosystem ahead of offshore solar rollout

Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the wor

about 1 year ago
Incat Tasmania
Business Developments & Projects

Incat Tasmania to build two battery-electric ferries for Molslinjen

Australian manufacturer of high-speed catamaran ferries Incat Tasmania has been selected to design and build two new battery-electric ferries for Danish ferry operator Molslinjen.

about 1 year ago