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Business Developments & Projects - Offshore Energy

Business Developments & Projects

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Business Developments & Projects

Value Maritime widens its net in Türkiye via new agreement

The Netherlands-based cleantech company Value Maritime (VM) has broadened its market reach in Türkiye, having inked a commercial representation agreement with technical services consultancy Bulutlu Marine. As disclosed, the two parties shook hands on this deal on June 5 during a maritime conference

about 1 year ago

Minesto's Dragon 12 tidal energy kite ready to operate

Business Developments & Projects

Minesto’s Dragon 12 hits 25% performance boost after tether upgrade

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Swedish tidal energy developer Minesto’s upgraded Dragon 12 tidal energy device, deployed in Vestmannasund, Faroe Islands, has reached a performance milestone, delivering a 25% increase in power output following the installation of a longer tether. According to Minesto, the ten-meter extension to th

about 1 year ago

Business Developments & Projects

SAL Heavy’s fleet grows with launch of fourth methanol-ready Orca class ship

Germany’s maritime heavy lift and project cargo carrier SAL Heavy Lift has reached a new milestone in the construction of its methanol-ready Orca class fleet with the launch of the fourth unit, Carlotta.

about 1 year ago

DeepOcean has begun live trials of its remotely operated vehicle (ROV) launch and recovery system (LARS), reporting that early results indicate the system is performing as expected on the uncrewed sur

Business Developments & Projects

DeepOcean tests uncrewed ROV launch and recovery system in rough seas (Video)

Ocean services provider DeepOcean has begun live trials of its remotely operated vehicle (ROV) launch and recovery system (LARS), reporting that early results indicate the system is performing as expected on the uncrewed surface vessel (USV) Challenger. The vessel, recently delivered from the shipya

about 1 year ago

Business Developments & Projects

New EAC matchmaker service joins decarbonization race

A new independent matchmaker service for verified Environmental Attribute Certificates (EACs) has made its foray into the market with the goal of supporting companies in reducing their Scope 3 emissions across their supply chains. As disclosed, Carboninsets was created and launched to ‘unite’ cargo

about 1 year ago

Business Developments & Projects

TotalEnergies pins its multi-energy advancement hopes on AI while setting up new lab

TotalEnergies has pinpointed the acceleration of artificial intelligence (AI) as a roadmap paving the way toward the realization of its multi-energy strategy, primarily in low-carbon energies, which are expected to be among the key beneficiaries of its partnership with a compatriot generative AI pla

about 1 year ago

Business Developments & Projects

N-Sea awards SCA contract for cable-laying vessel deck spread

UAE’s Subsea Cable Assets (SCA) has secured a contract from the Netherlands-headquartered N-Sea Group covering the full design, manufacturing, delivery, and commissioning of a cable installation deck spread for the cable-laying vessel (CLV) Altera. The scope is said to include a 4,500-tonne carousel

about 1 year ago

Business Developments & Projects

Carbon Trust handpicks H2SEA for offshore hydrogen production study

UK consultancy Carbon Trust has commissioned green hydrogen company H2SEA to conduct the Offshore Hydrogen Production Platform Design (H2PD) project under its Integrator Programme, a joint industry initiative which aims to maximize the contribution of offshore wind to a low-cost, flexible, predictab

about 1 year ago

Business Developments & Projects

ABL wins MWS role for US-Canada subsea cable project

Norway’s ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been selected by Blackstone-owned Transmission Developers to provide marine warranty survey (MWS) services for the transport and installation (T&I) of subsea cable segments of the Champlain Hudson Power Express (CHPE) pro

about 1 year ago

Shah Deniz gas field offshore Azerbaijan; Source: Southern Gas Corridor (SGC)

Business Developments & Projects

German firm pens 10-year gas deal with Azerbaijan’s SOCAR

Germany’s Securing Energy for Europe (SEFE) has secured a multi-year import of natural gas by inking an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR), fortifying Europe’s energy security.

about 1 year ago

Oseberg East field; Source: Øyvind Hagen/Equinor

Business Developments & Projects

Baker Hughes picks up P&A gig at North Sea oil field

Baker Hughes has landed a new assignment with Norway’s state-owned energy giant Equinor to handle plug and abandonment (P&A) operations at a North Sea field on the Norwegian Continental Shelf (NCS) and provide project management services on behalf of the operator.

about 1 year ago

Business Developments & Projects

More capacity slots up for grabs at Italy’s regasification terminal

Italy’s floating regasification terminal operator OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, intends to hold capacity allocation auctions without expressions of interest for regasification capacity at its floating storage and regasification unit (FSRU) moored off

about 1 year ago

Business Developments & Projects

UK-US partnership sets its cap on enhancing oilfield market offerings

Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.

about 1 year ago

Seaturns' wave energy device. Source: Seaturns

Business Developments & Projects

Seaturns to deploy full-scale wave energy device at offshore test site in 2025

French wave energy developer Seaturns has signed an agreement with the OPEN-C Foundation to deploy a full-scale wave energy demonstrator at the SEM-REV offshore test site near Le Croisic, with installation scheduled for summer 2025. According to Seaturns, the move follows the completion of reduced-s

about 1 year ago