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Business Developments & Projects

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Illustration/Offshore renewable energy farm with offshore wind co-located with wave power plants (Courtesy of CorPower Ocean)
Business Developments & Projects

G20: IRENA lists cues for action to boost energy transition with offshore renewables

Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen.

about 5 years ago
SKK Migas
Business Developments & Projects

Indonesia set for massive offshore decommissioning push

Indonesian upstream regulator SKK Migas will conduct a decommissioning program for seven platforms no longer used to support upstream oil and gas operations.

about 5 years ago
Etesco Takatsugu J drillship - Petrobras
Business Developments & Projects

Petrobras renews drillship contract in Brazil

Brazilian contractor Etesco has been awarded a contract extension for a drillship with the state-owned Petrobras for operations off Brazil.

about 5 years ago
Croatia’s LNG terminal receives its 10th cargo
Business Developments & Projects

Croatia’s LNG terminal receives its 10th cargo

Croatia’s first LNG import terminal, located on the island of Krk, Croatia, has received its milestone cargo by a Q-Max LNG carrier.

about 5 years ago
FSRU BW Integrity receives cargo from BW Paris
Business Developments & Projects

FSRU BW Integrity receives cargo from BW Paris

Pakistan-located FSRU BW Integrity, owned by Singapore’s gas shipping giant BW, marks its 165th LNG cargo, delivered by the BW Paris.

about 5 years ago
Photo showing the Mutriku wave power plant (Courtesy of Arantxa Tapia)
Business Developments & Projects

Spanish Mutriku plant sets record for continuous wave power production

The Mutriku wave power plant, located in the Basque Country in northern Spain, has reached a ten-year milestone of uninterrupted clean power generation, becoming the longest operating commercial plant of its kind in the world.

about 5 years ago
A photo of an offshore substation built by Chantiers de l'Atlantique
Business Developments & Projects

Chantiers de l’Atlantique to maintain substations it is building for three French OWFs

Atlantique Offshore Energy has signed long-term maintenance contracts for three offshore substations its parent company Chantiers de l’Atlantique is building for three offshore wind farms in France. Chantiers de l’Atlantique reported on 27 July that its Marine Energy Business Unit, Atlantique Offsho

about 5 years ago
Hyundai Heavy to attempt unmanned maiden ocean trip in very large LNGC
Business Developments & Projects

Hyundai Heavy to attempt unmanned maiden ocean trip in very large LNGC

South Korea’s Hyundai Heavy Industries (HHI) plans to test out a maiden transoceanic voyage in a self-operated very large liquefied natural gas carrier (LNGC).

about 5 years ago
UKEF backs First Subsea offshore wind contracts
Business Developments & Projects

UKEF backs First Subsea offshore wind contracts

Scottish firm First Subsea has secured several offshore wind contracts in overseas markets with financial backing from UK Export Finance (UKEF).

about 5 years ago
Developing sustainable solutions against coastal erosion
Business Developments & Projects

Developing sustainable solutions against coastal erosion

The University of Liverpool is part of a partnership that has been awarded funding by UK Research and Innovation (UKRI) as one of six new research projects that aim to build a sustainable future for the marine environment and all those whose livelihoods depend on it. The ‘Co-Opt’ project, led by the

about 5 years ago
BP
Business Developments & Projects

BP fined by regulator in UK over licence breach

The OGA has fined BP and served it with a sanction notice for breaching a licence condition by failing to report on two extended well tests.

about 5 years ago
Photo showing Dutch Wave Power’s concept undert tests at MARIN (Copyright Remco Bohle/Photo provided by MET-Support as part of INTERREG 2SEAS ENCORE)
Business Developments & Projects

Dutch start-up gearing up to tame the waves off The Hague

A newcomer in the wave energy sector, founded only a year ago with a name that pretty much speaks for itself – Dutch Wave Power – is preparing to launch its scaled wave energy prototype device for real sea trials offshore The Hague in the Netherlands.

about 5 years ago
West Hercules rig will drill the Egyptian Vulture well for Equinor and Longboat
Business Developments & Projects

Longboat says Equinor gearing up for a spud as exploration activity in Norway picks up

Equinor will start drilling a well off Norway in late August. This is the first of seven wells planned to be drilled by Longboat following three farm-in deals.

about 5 years ago
Taylor Maritime
Business Developments & Projects

Taylor Maritime raises $75 million to buy up to 6 Handies

UK-based dry bulk shipping company Taylor Maritime Investments has raised $75 million through the issue of new ordinary shares to acquire up to six Handysize dry bulk vessels.

about 5 years ago
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