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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Nexans' new cable layer traveling from Poland to Norway to complete construction

Business Developments & Projects

Nexans’ new cable layer traveling from Poland to Norway to finalize construction

The partially outfitted hull of a new cable-laying vessel (CLV) being built for Nexans has started its journey from Poland to Norway, where it will be finalized. Based on an ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an upd

about 1 year ago

Business Developments & Projects

Jan De Nul completes Thor export cable pull-in

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Jan De Nul has pulled two export cables for the 1,080 MW Thor offshore wind farm, currently under construction in Denmark. The export cables will transport clean, renewable electricity from the offshore site 22 kilometers out in the North Sea to the Danish mainland. In 2023, Jan De Nul, together wit

about 1 year ago

Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy

Business Developments & Projects

Restart of North Sea FPSO underway

With repairs out of the way, the UK-based upstream oil and gas player Serica Energy has revealed the progress made in resuming production from its assets in the North Sea, as wheels are in motion to bring a floating production, storage, and offloading (FPSO) vessel on the UK Continental Shelf (UKCS)

about 1 year ago

Business Developments & Projects

Fresh Barents Sea oil find offers tie-in opportunity for Equinor

Norwegian state-owned energy giant Equinor has made an oil discovery in the proximity of a field it operates in the Barents Sea using a rig owned by Switzerland-based offshore drilling contractor Transocean.

about 1 year ago

Alotta's floating solar power plant at Emilsen Fisk's facility in Båfjordstranda, Norway

Business Developments & Projects

Second floating solar plant on the way for Norway’s northernmost fish farm

Norwegian fish farming company Emilsen Fisk has ordered a second floating solar power plant from Ålesund-based Alotta, just weeks after commissioning the first unit. According to Alotta, the system, an Alotta Circle Mc120, has already supplied over 90% of the site’s energy needs through solar and ba

about 1 year ago

Business Developments & Projects

New wildcat on North Sea asset’s drilling agenda next month

OKEA has secured a drilling permit for an exploration well in the North Sea off the Norwegian coast, which is scheduled to be drilled in July 2025.

about 1 year ago

Business Developments & Projects

Minesto-led consortium gets $2.6M for tidal microgrid in Faroe Islands

Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid tech

about 1 year ago

Business Developments & Projects

12-year-old vessel at work for Equinor after rebuild project

A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offsh

about 1 year ago

Business Developments & Projects

More gas for Europe as Shell turns on the taps at Norwegian field’s next chapter

Shell has brought online a new phase of its natural gas field in the Norwegian Sea, which is set to augment the amount of gas recovered from the asset, bolstering Europe’s energy security.

about 1 year ago

Business Developments & Projects

Offshore solar farm ready for tow out to Hollandse Kust Noord wind farm

What is described as the “world’s first” offshore solar farm integrated within a wind farm has completed assembly at the Port of Amsterdam and is ready for deployment at the Hollandse Kust Noord (HKN) offshore wind farm in the North Sea. Dutch company Oceans of Energy assembled the floating solar fa

about 1 year ago

Business Developments & Projects

Viking takes delivery of newest future-proof cruise ship from Fincantieri

Swiss cruise line Viking has taken delivery of its newest future technology-ready ocean ship, Viking Vesta, from Italian shipbuilder Fincantieri.

about 1 year ago

Business Developments & Projects

‘Bitter disappointment’ as UK rejects support for €29.5B project to import renewable energy from Morocco

The UK Government has decided to reject the huge £25 billion (around €29.5 billion) project that would import 11.5 GW of solar and wind power from Morocco to the British grid via 4,000-kilometer HVDC subsea cables. The Xlinks Morocco-UK power project envisions the development of a commercial-scale r

about 1 year ago

Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)

Business Developments & Projects

Chinese firm introduces 480 W floating solar module for offshore use

China-based GCL System Integration (GCLSI), a subsidiary of the GCL Group, has developed a new floating photovoltaic (PV) module designed for offshore solar applications. The NT10/60GT module was produced in collaboration with the Norwegian company Ocean Sun. The module is rated at 480 W and built t

about 1 year ago

Business Developments & Projects

TES and CPC Finland partner on large-scale e-NG project at Port of Rauma

Tree Energy Solutions (TES) and CPC Finland have established a joint company, Luoto Energia, that will develop a large-scale e-NG project at the Port of Rauma in Finland.

about 1 year ago