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Business Developments & Projects

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Equinox Ocean Turbines secures funding for ocean current tech project
Business Developments & Projects

Equinox Ocean Turbines secures funding for ocean current tech project

Dutch company developing innovative ocean energy technology, Equinox Ocean Turbines, has received funding from Samenwerkingsverband Noord-Nederland (SNN) Valorisatie and the European Regional Development Fund (EFRO) to support the development of its ocean current technology. The project is being car

about 1 year ago
Fratelli Cosulich
Business Developments & Projects

Fratelli Cosulich and IINO Lines eye growth in alternative marine fuels sector

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Fratelli Cosulich Marine Energy and IINO Kaiun Kaisha (IINO Lines) have signed a memorandum of understanding (MoU) to explore new business opportunities in the alternative marine fuels sector.

about 1 year ago
SeaBird Exploration name retires as merger with Singapore's Energy Drilling wraps up
Business Developments & Projects

SeaBird Exploration name retires as merger with Singapore’s Energy Drilling wraps up

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration has changed its name to SED Energy Holdings, as well as its Oslo Stock Exchange ticker code, following the merger with Singapore’s tender-assisted drilling provider Energy Drilling. The new company name has been re

about 1 year ago
Expro to deliver well testing for UK’s first offshore CO2 storage project
Business Developments & Projects

Expro to deliver well testing for UK’s first offshore CO2 storage project

Energy services provider Expro has been appointed to deliver integrated well testing services for the UK’s first offshore carbon capture and storage (CCS) project, being developed by a joint venture of BP, Equinor and TotalEnergies. Being developed around 75 kilometers east of Flamborough Head, the

about 1 year ago
Gasum adds new offtaker to FuelEU Maritime pooling service
Business Developments & Projects

Gasum adds new offtaker to FuelEU Maritime pooling service

Swedish forest company SCA has teamed up with Nordic energy player Gasum to use its liquefied biogas pooling service as a way of complying with the EU maritime emissions regulation.

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects

Potential development of oil discovery on the cards as appraisal ops in Norwegian waters end

ConocoPhillips has confirmed a previously made oil discovery in the Norwegian Sea, with the drilling of its second appraisal well.

about 1 year ago
HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships
Business Developments & Projects

HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships

The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator

about 1 year ago
Third subsea link between Finland and Sweden to replace aging cable in late 2030s
Business Developments & Projects

Third subsea link between Finland and Sweden to replace aging cable in late 2030s

The Finnish and Swedish transmission system operators (TSOs) Fingrid and Svenska kraftnät have initiated the planning process for the third submarine cable between the countries which would replace the first connection at the end of its operational lifetime in the late 2030s. Under a signed letter o

about 1 year ago
RINA
Business Developments & Projects

RINA is new owner of Finland’s Foreship

RINA, an Italy-based multinational engineering consultancy, inspection and certification group, has acquired the entire share capital of Foreship, a Finnish ship design and engineering company.

about 1 year ago
EnerMech recently won its first major decommissioning campaign in the U.S. Gulf region with ExxonMobil; Source: EnerMech
Business Developments & Projects

Interview: High-growth regions, subsea, and FPSO jobs unlocking EnerMech’s resilience in energy realms

EnerMech, an Aberdeen-headquartered integrated solutions specialist, has pinpointed the focus on high-growth regions, subsea work, and floating production, storage, and offloading (FPSO) assignments as its tripartite resilience formula, which it uses as keys to achieving resilience against the backd

about 1 year ago
Source: Explicit
Business Developments & Projects

‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets

Two players, Cyberhawk and Explicit, have started the ball rolling on an offshore drone campaign for emissions measurement in the Norwegian sector of the North Sea, which is being undertaken on 33 offshore platforms operated by Equinor, Norway’s energy giant.

about 1 year ago
One of 'world's largest' geotechnical vessels stays with Geoquip Marine until 2030
Business Developments & Projects

One of ‘world’s largest’ geotechnical vessels stays with Geoquip Marine till 2030

Geoquip Marine, a provider of offshore geotechnical solutions, has extended the charter agreement with Norway’s Myklebusthaug for Dina Polaris until 2030, described as one of the world’s largest geotechnical vessels. Also described as one of the world’s most capable geotechnical drilling vessels, th

about 1 year ago
Illustration; Source: Orcadian Energy
Business Developments & Projects

More time for UK operator to breathe life into two North Sea oil discoveries

Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to b

about 1 year ago
A phot of the Hollandse Kust Noord offshore wind farm
Business Developments & Projects

‘World’s first’ fully remote ecology survey done at 759 MW Dutch offshore wind farm

The BeWild project, led by the Dutch geo-data specialist company Fugro, has completed what they claim to be the world’s first fully remote ecology survey at CrossWind’s Hollandse Kust Nord offshore wind farm in the Netherlands. Together, the BeWild partners integrated computer vision and environment

about 1 year ago