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Business Developments & Projects

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Energy Efficiency & InnovationEnergy TransitionGreen MarinePropulsionInfrastructureMarket OutlooksOutlook & StrategyResearch & DevelopmentTechnologyVesselsFossil EnergyLow-Carbon TransitionSubseaSurveys & InterventionsAuthorities & GovernmentBusiness & FinanceCarbon Capture Usage & StorageEnvironmentProject & TendersRegulation & PolicyTransitionVisionOil & GasCollaborationAlternative FuelsClean FuelHydrogenOther FuelsShipbuildingTechnology & InnovationCablingVessels & VehiclesRules & RegulationSafetyLNGExploration & ProductionGridOffshore WindWind FarmsOperations & MaintenanceTransport & StoragePorts & LogisticsMarine EnergyOTECPipesPorts & Infrastructure
wind propulsion
Business Developments & Projects

Large ships can save close to $500,000 on fuel costs by adopting wind propulsion, new study reveals

There are significant economic and climate benefits of using wind-assisted propulsion to power global shipping, a new report by marine NGO Seas At Risk found.

about 1 year ago
16 applicants pursuing Denmark's $4.1 billion carbon capture and storage fund
Business Developments & Projects

16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund

The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr

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about 1 year ago
Two offshore platforms
Business Developments & Projects

NEO Energy and Repsol merging North Sea ops to bolster resilience in ‘tough’ UK conditions

Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses.

about 1 year ago
NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship
Business Developments & Projects

NIM-led project to develop ‘world’s first’ liquid hydrogen-powered general cargo ship

Led by the Dutch Innovation Company (NIM) and supported by the Dutch government, a new project has been launched to develop the “world’s first” zero-emission general cargo ship powered by liquid hydrogen.

about 1 year ago
Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal
Business Developments & Projects

Prysmian, N-Sea join efforts to improve submarine cable security under 7-year deal

Italian cabling company Prysmian Group and Dutch integrated subsea solutions service provider N-Sea Group have signed a seven-year framework agreement for rapid response maintenance and repair of submarine cables. The collaboration targets enhanced energy security, bolstering the resilience of subma

about 1 year ago
An offshore platform
Business Developments & Projects

Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio

U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).

about 1 year ago
LNGameChanger: New project zeroes in on LNG-fueled shipping with onboard CCS
Business Developments & Projects

LNGameChanger: New project zeroes in on LNG-fueled shipping with onboard CCS

A Norwegian consortium led by HAV Group has unveiled a new research project focused on LNG-fueled shipping with onboard carbon capture and storage (CCS).

about 1 year ago
An offshore rig
Business Developments & Projects

No luck for OMV as its North Sea wildcat comes up dry

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.

about 1 year ago
Van Oord awards Ecowende cable termination and testing contract
Business Developments & Projects

Van Oord awards Ecowende cable termination and testing contract

SPIE Wind Connect, part of SPIE, has been awarded a contract by Van Oord for the termination and testing of inter-array cables on the offshore wind farm that Ecowende will build at Hollandse Kust (west) lot VI in the Netherlands. The project scope involves the termination and testing of 52 66 kV int

about 1 year ago
Fluxys kicks off construction of hydrogen pipeline network in Belgium
Business Developments & Projects

Fluxys kicks off construction of hydrogen pipeline network in Belgium

Fluxys has started the construction of the first phase of its hydrogen pipeline network in Belgium, marking a step forward in the transition to a sustainable and low-carbon future.

about 1 year ago
UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature
Business Developments & Projects

Global OTEC unveils ‘largest onshore’ OTEC pilot to date

UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the t

about 1 year ago
A floating production storage and offloading unit at sea
Business Developments & Projects

BW Offshore wraps up $125 million FPSO sale to US firm

Norwegian FPSO operator BW Offshore has finalized the sale of its floating production, storage, and offloading (FPSO) unit to a subsidiary of Houston-based oil and gas player Murphy Oil Corporation.

about 1 year ago
Allseas setting the stage for pipelaying at EU's landmark CO2 transport and storage project
Business Developments & Projects

Allseas setting the stage for pipelaying at EU’s landmark CO2 transport and storage project

An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-buil

about 1 year ago
Deepsea Yantai; Source: Odfjell Drilling
Business Developments & Projects

DNO continues North Sea ‘hot streak’ with fresh oil & gas find

Norwegian oil and gas operator DNO has made an oil and gas discovery in a license it operates in the Northern North Sea using a semi-submersible rig owned by China’s CMC and managed by Odfjell Drilling.

about 1 year ago