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Business Developments & Projects

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workforce
Business Developments & Projects

What’s ahead for offshore energy workforce as the world strives for net-zero?

As the energy transition is accelerating across the offshore energy industry, a question arises: what will happen to its workforce?

about 5 years ago
A photo of MHI Vestas wind turbines lined offshore
Business Developments & Projects

Estonia, Latvia looking to pinpoint sites for their joint 1 GW offshore wind project

Estonian and Latvian governments have opened a tender looking for services that will lead them towards identifying two most suitable areas for their joint offshore wind development.

about 5 years ago
Shell
Business Developments & Projects

Shell to appeal ‘historical’ Dutch court ruling on emissions cuts

Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target.

about 5 years ago
A photo of offshore wind turbines
Business Developments & Projects

Subsea surveys underway at 804 MW wind farm site offshore Massachusetts

A new set of surveys is now underway at the Mayflower Wind site offshore Massachusetts, where a joint venture of Shell New Energies US and EDPR Offshore North America plans to build an 804 MW offshore wind farm. As part of a geophysical and geotechnical (G&G) survey campaign which started with geoph

about 5 years ago
Illustration/OPT’s PB3 PowerBuoy (Courtesy of OPT)
Business Developments & Projects

Ocean Power Technologies deepens 2021 year-end loss

U.S.-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fourth quarter and fiscal year 2021, compared to the same period a year earlier.

about 5 years ago
Biden
Business Developments & Projects

Biden clean energy plan key to straightening out energy job losses

The U.S. energy sector lost 10 per cent of its workforce last year due to the Covid-19 pandemic and one of the critical ways to revitalise the industry is President Biden’s clean energy plan.

about 5 years ago
L to R: Jesper Højer and Peter Nørby Svendsen (Courtesy of Wavepiston)
Business Developments & Projects

Wavepiston strengthens its ranks and patent portfolio

Danish wave energy company Wavepiston has made new hires and appointments to its board of directors, along with securing patent approvals for its wave energy technology.

about 5 years ago
A photo of offshore wind turbines in sunset
Business Developments & Projects

BP and EnBW’s €11.65bn Scottish plan includes 2.9 GW of offshore wind, green hydrogen

After announcing their intention to bid in the ScotWind seabed leasing this May, British oil & gas major BP and German offshore wind developer EnBW have now detailed on their plan in Scotland, which encompasses more than offshore wind. With an investment of GBP 10 billion (around EUR 11.65 billion),

about 5 years ago
Kistos
Business Developments & Projects

Borr rig kicks off Kistos’ Dutch North Sea drilling campaign

Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign.

about 5 years ago
A photo of the Fugro Mariner geotechnical vessel at sea
Business Developments & Projects

Fugro wins work on 3.5 GW offshore wind project in Vietnam

A consortium between Vietsovpetro, PTSC G&S and Fugro has won a contract for offshore geotechnical survey services for the 3.5 GW La Gan offshore wind project in Vietnam. As part of the contract, Fugro will carry out offshore geotechnical surveys using its geotechnical vessel Fugro Mariner and deliv

about 5 years ago
Italian cabling giant sets up net zero target
Business Developments & Projects

Italian cabling giant sets up net-zero target

Italian cabling giant Prysmian has set up a target to achieve net-zero for its global operations between 2035 and 2040, as well as for its value chain emissions by 2050. Prysmian announced the commitments as part of its new Climate Ambition and Social Ambition frameworks. In terms of Climate Ambitio

about 5 years ago
Aker BP
Business Developments & Projects

Aker BP makes minor gas discovery in Barents Sea

Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said.

about 5 years ago
Kraken to conduct Strait of Belle Isle subsea cable survey
Business Developments & Projects

Kraken to conduct Strait of Belle Isle subsea cable survey

Kraken Robotics has secured a Robotics as a Service (RaaS) contract with Newfoundland and Labrador Hydro, formerly Nalcor Energy, to perform the marine inspection of the Strait of Belle Isle (SOBI) submarine cable.

about 5 years ago
Santos
Business Developments & Projects

Santos bid to form $16 bln regional powerhouse rejected by Oil Search

The Papua New Guinea-focused oil, gas, and LNG producer Oil Search has rejected a merger offer made by Australia’s energy major Santos.

about 5 years ago
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