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Business Developments & Projects

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All inter-array cables in place at Germany’s 960 MW offshore wind farm
Business Developments & Projects

All inter-array cables in place at Germany’s 960 MW offshore wind farm

All inter-array cables have been installed at EnBW’s He Dreiht offshore wind farm in the German North Sea. Seaway7 said on July 1 it completed the installation of the last inter-array cable, connecting the 13th and last string of the He Dreiht project to the BorWin epsilon converter platform, part o

about 1 year ago
SolarDuck's interconnected Offshore Floating Solar Platforms at the MARIN Offshore Basin
Business Developments & Projects
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SolarDuck tests interconnected offshore floating solar platforms in scaled MARIN trials

Dutch-Norwegian firm SolarDuck has completed a test campaign at the Maritime Research Institute Netherlands (MARIN), involving 54 interconnected offshore floating solar platforms, with a real-world capacity of approximately 6 MWp (megawatt peak). According to SolarDuck, this marks the company’s thi

about 1 year ago
In response to higher demands for security, test bed for protecting critical infrastructure opens in Norway
Business Developments & Projects

In response to higher demands for security, test bed for protecting critical infrastructure opens in Norway

In response to an increasing need for safeguarding critical maritime infrastructure due to ongoing geopolitical uncertainty and an increasingly dynamic risk picture, Norway’s KONGSBERG has opened a maritime test bed for protecting potentially vulnerable infrastructure such as subsea pipelines, power

about 1 year ago
PowerCell
Business Developments & Projects

PowerCell lands order for new MS-500 marine fuel cell system

PowerCell has signed a SEK 44 million (around $4.626 million) agreement with an undisclosed Italian marine OEM for the development and delivery of a new MS-500 marine fuel cell system.

about 1 year ago
LDA
Business Developments & Projects

As new stakeholder joins, LDA ready to future-proof business with €1B investment

InfraVia, a France-based private equity company, has completed the acquisition of an 80% majority stake in compatriot maritime company Louis Dreyfus Armateurs (LDA).

about 1 year ago
$75 million earmarked to level up Norwegian emission-free shipping game
Business Developments & Projects

$75 million earmarked to level up Norwegian emission-free shipping game

Norwegian government enterprise Enova has awarded approximately NOK 763 million ($75.5 million) to projects developing hydrogen- and ammonia-powered vessels in the latest round of investments in emission-free shipping.

about 1 year ago
Reach Subsea boosts order backlog thanks to contracts worth €31.2M
Business Developments & Projects

Reach Subsea boosts order backlog thanks to €31.2M worth of contracts

Norway’s Reach Subsea has secured multiple new contracts and call-offs within the scope of existing frame agreements, all with an estimated value of NOK 370 million (around €31.2 million). The contracts are set to begin in the third and fourth quarters of 2025 in the North Sea and European regions.

about 1 year ago
AFRY to conduct feasibility study for large-scale e-methane plant in Finland
Business Developments & Projects

AFRY to conduct feasibility study for large-scale e-methane plant in Finland

AFRY has been tasked by Arctic Sisu to conduct a feasibility study for a large-scale e-methane production facility in Kotka, Finland.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Business Developments & Projects

Viaro Energy broadens its UK oil & gas horizons in North Sea with Deltic buy

London-based independent upstream player Viaro Energy is expanding its oil and gas portfolio in the UK sector of the North Sea through the acquisition of Deltic Energy, an AIM-listed natural resources investing company.

about 1 year ago
South Korea’s first specialized HVDC installation vessel to be built in Türkiye
Business Developments & Projects

South Korea’s first specialized HVDC installation vessel to be built by Turkish shipyard

South Korean subsea cable installation company LS Marine Solution has signed a contract with Türkiye’s Tersan Shipyard for the construction of its new, ultra-large cable laying vessel (CLV). To expand orders for large-scale HVDC and offshore wind projects, both domestic and in Europe and North Ameri

about 1 year ago
Two men inside a room with all surfaces covered in metal
Business Developments & Projects

GTT and Chinese shipbuilder to enhance LNG bunkering vessels performance

French technological containment specialist Gaztransport & Technigaz (GTT) and China’s Hudong-Zhonghua Shipbuilding have initiated a joint innovation project to optimize the design and performance of LNG bunkering vessels.

about 1 year ago
Weco's Kaizen Wave Energy Converter
Business Developments & Projects

Weco’s improved wave energy converter taking shape (Video)

The Hague-based Wave Energy Collective (Weco) has entered the building phase of its upgraded wave energy converter (WEC), Kaizen 2.0, together with Holland Shipyards Group. The project is said to build on a longstanding collaboration between Weco and the Dutch shipyard, which supported the developer

about 1 year ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business Developments & Projects

Giant North Sea oil field’s $1.3 billion third chapter is a go

Equinor has taken a final investment decision (FID) for the third phase of an offshore project in the North Sea, which is considered the third-largest oil field on the Norwegian Continental Shelf (NCS).

about 1 year ago
Fugro performs 'industry-first' remote survey for offshore trunkline using an USV
Business Developments & Projects

Fugro performs ‘industry-first’ remote survey for offshore trunkline using an USV

Fugro has made what it says is an industry-first for pipelay support services, performing a remote survey for a 433-kilometer trunkline offshore Western Australia using its Blue Essence uncrewed surface vessel (USV). Fugro conducted a series of survey campaigns said to have played a critical role in

about 1 year ago