Business Developments & Projects
Sabella designs new hybrid gravity-based foundation for tidal turbines
French tidal energy company Sabella has finalized the design of the new gravity-based foundation for tidal turbines which combines concrete and steel for greater cost-competitiveness.
ConocoPhillips set to deploy Prosafe unit at Norway’s first producing field
ConocoPhillips has received consent from a regulator to use one of Prosafe’s semi-submersible units at Norway’s first producing field.
Eastern Pacific invests in 9 more next-gen startups
Singapore-based shipping company Eastern Pacific Shipping (EPS) has invested in nine more startups in an effort to encourage change in the maritime industry by using a green and technology-driven approach.
Centerline and Vard Marine to design LNG bunker barge
U.S. marine transportation firm Centerline Logistics and North American marine engineering company Vard Marine will jointly develop an Articulated Tug and Barge (ATB) LNG bunker barge.
TGS begins 2D-cubed reprocessing project off India’s east coast
TGS has commenced an extensive 2D-cubed seismic reprocessing project off the east coast of India in support of the country’s license round schedule. The project includes over 250,000-line kilometers of existing 2D data across an area of over half a million square kilometers. This new dataset offers
OMV gets thumbs-up for Norwegian Sea ops
OMV has received consent from Norway’s offshore safety regulator for exploration drilling of a pilot hole in the Norwegian Sea.
Here’s what the industry says about Shell’s oil discovery in Namibia
Here’s what the industry says about Shell’s oil discovery in Namibia
Eni: UK industry shows outstanding interest in CO2 capture & storage project
Eni has signed 19 Memoranda of Understanding for carbon, capture & storage within the HyNet North West project in the UK.
Danish university sets up PhD scholarship focused on Crestwing’s wave device
The Centre for Energy Technologies at Aarhus University has invited applications for PhD scholarship devoted to techno-economic assessment of the overall performance of Crestwing’s wave energy technology.
U-Ming: Sustainability-linked loan to support fleet renewal
Singapore-based Oversea-Chinese Banking Corporation (OCBC Bank) has extended a $70 million sustainability-linked loan with U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies.
BW Offshore dispatches laid-up Brazilian FPSO to scrap yard
BW Offshore has inked a deal to recycle one of its FPSOs at a yard in India, as part of its strategy to optimise its current asset portfolio.
Sabella formalizes partnership for tide-powered green hydrogen production
French company Sabella has signed a memorandum of understanding with H2X-Ecosystems for the development of green hydrogen production system powered by tidal energy.
Deep Down gets $1.7 million order for Gulf of Mexico
U.S.-headquartered subsea equipment specialist Deep Down has received an order to deliver installation equipment and services in the Gulf of Mexico to an undisclosed client. The order is valued at more than $1.7 million and all activities are scheduled to be completed by the end of this year. Part o
Offshore inspection of Murphy’s giant new platform ahead of first oil
U.S. offshore safety and environmental enforcement agency has conducted an inspection of Murphy Oil’s King’s Quay platform.