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Business Developments & Projects

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Illustration (Courtesy of WESE)
Business Developments & Projects

WESE rolls out ecological risk assessment tool for wave energy

Wave Energy in Southern Europe (WESE) project, whose goal is to improve the current knowledge on the potential environmental effects of wave energy, has released an open access ecological risk assessment tool for wave energy converters.

about 5 years ago
Zandolie - DeNovo
Business Developments & Projects

DeNovo picks contractor to build renewable-powered platform in Trinidad

DeNovo Energy has awarded a contract for the construction, installation, and commissioning of its new platform.

about 5 years ago
Ocean Yield
Business Developments & Projects

Norwegian, German regulators approve Octopus Bidco’s Ocean Yield acquisition

Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has received clearance from the Norwegian Competition Authority and the German Federal Cartel Office to acquire Norwegian shipowner Ocean Yield ASA.

about 5 years ago
UXO surveys underway at Dutch 759 MW offshore wind project
Business Developments & Projects

UXO surveys underway at Dutch 759 MW offshore wind project

Fugro is carrying out an unexploded ordnance (UXO) survey campaign at the Hollandse Kust Noord offshore wind project in the Netherlands.

about 5 years ago
Toho Gas gets Sakhalin’s 1st carbon-neutral LNG cargo
Business Developments & Projects

Toho Gas gets Sakhalin’s 1st carbon-neutral LNG cargo

Japanese utility Toho Gas has received the first carbon-neutral/offset LNG cargo from the Russian LNG producer Sakhalin Energy.

about 5 years ago
DP World
Business Developments & Projects

DP World to invest more than $1B in new Africa investment platform

Dubai-based port developer and operator DP World has unveiled the creation of an African investment platform in partnership with the UK’s development finance institution and impact investor CDC Group (CDC).

about 5 years ago
GasLog gets $325m financing from Carlyle and EIG
Business Developments & Projects

GasLog gets $325m financing from US investment firms

Greek owner and operator of LNG carriers GasLog has entered into a note purchase agreement with the U.S.-based investment companies Carlyle and EIG for an amount of up to $325 million.

about 5 years ago
Stena Drilling
Business Developments & Projects

Stena Drilling teams up with blockchain start-up in digitalisation push

Stena Drilling has entered into a partnership with SmartChainServices to develop further smart solutions for the energy sector.

about 5 years ago
BP hires Cognite
Business Developments & Projects

Cognite enlisted to empower BP’s well operations

BP has signed a new two-year agreement with Cognite to optimise well design and workflows using a single consolidated data layer solution.

about 5 years ago
The Johan Castberg production vessel at Sembcorp Marine in Singapore - Equinor
Business Developments & Projects

Equinor’s Johan Castberg oil project now two years behind schedule

In addition to previous delays due to weld quality, Equinor has experienced further delays and cost overruns on its Johan Castberg project.

about 5 years ago
Norden
Business Developments & Projects

Norden benefits from dry bulk market’s bumper year

Danish shipping company Norden is capitalizing on rising asset values in the dry cargo market through vessel sales, with several units sold in the past few months.

about 5 years ago
Illustration/The deployment of tidal turbine offshore Nova Scotia (Courtesy of FORCE)
Business Developments & Projects

Ocean Startup Challenge backs 40 Canadian ocean tech startups

The Ocean Startup Project has awarded C$1.4 million to 40 early-stage ocean technology companies as part of its efforts to foster ocean innovation and grow blue economy in Canada.

about 5 years ago
BOSS done with sea trials series in North Sea
Business Developments & Projects

BOSS done with sea trials series in North Sea

UK-based pioneer of autonomous seabed robots Blue Ocean Seismic Services (BOSS) has completed a series of passive and active sea trials in the North Sea using a DP2 class multi-role vessel.

about 5 years ago
cargoes; Pakistan LNG winter 8-cargo tender obtains no bids
Business Developments & Projects

Pakistan LNG winter 8-cargo tender obtains no bids

State-owned Pakistan LNG Limited received no offers in its tender for eight LNG cargoes for delivery over December to January.

about 5 years ago
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