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Business Developments & Projects

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founder and CEO of WaveX, Simon Renwick
Business Developments & Projects

WaveX taps Arup to collaborate on wave energy projects

London-headquartered firm Arup has joined forces with Australian wave energy firm WaveX to accelerate the development of the D-Spar wave-powered generator technology. The collaboration follows the signing of two memorandums of understanding (MoUs) to advance wave energy projects and optimize the D-S

about 1 year ago
Gannet platform in North Sea; Source: Shell
Business Developments & Projects

Shell presents gas & LNG as safe bets but keeps low carbon and renewable tools in play

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Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.

14 minutes read
Wärtsilä dual-fuel engines selected for Ibaizabal’s new LNG bunkering vessel
Business Developments & Projects

Wärtsilä dual-fuel engines selected for Ibaizabal’s new LNG bunkering vessel

Finnish technology group Wärtsilä has received an order to supply dual-fuel engines with methane emissions reduction technology for a new 18,600 cubic meter (cbm) LNG bunkering vessel being built for Spanish operator Ibaizabal.

about 1 year ago
Two large vessels side by side at sea, surrounded by three smaller tugboats
Business Developments & Projects

German player inks long-term US deal to diversify LNG supply portfolio

Germany’s Securing Energy for Europe (SEFE) has signed a heads of agreement (HoA) with U.S.-based LNG export infrastructure development company Delfin Midstream for the supply of liquefied natural gas (LNG) from the latter’s proposed project off the coast of Cameron, Louisiana, on the U.S. Gulf Coas

about 1 year ago
Illustration; Source: Nexans
Business Developments & Projects

Nexans secures €1 billion framework agreement for HVDC cables in France

Nexans has secured a major framework agreement, valued above EUR 1 billion, with Réseau de Transport d’Electricité (RTE) for the design, manufacturing, and supply of high-voltage direct current (HVDC) cables for offshore wind farms in France. The framework agreement covers the supply, installation,

about 1 year ago
Transocean Barents rig; Source: OMV Petrom and Romgaz
Business Developments & Projects

Transocean rig spuds first of ten gas wells in Black Sea drilling campaign

OMV Petrom and Romgaz have started drilling the first gas production well in their multi-well program in the Romanian sector of the Black Sea with a semi-submersible rig, owned by Transocean, a Switzerland-based offshore drilling giant.

about 1 year ago
Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions
Business Developments & Projects

Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions

Rux Energy and Bureau Veritas Marine & Offshore (BV) have entered a joint development project (JDP) to certify hydrogen storage solutions.

about 1 year ago
Rotterdam
Business Developments & Projects

Ports of Rotterdam and Singapore working zealously on green and digital shipping corridor

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a cooperation agreement to further strengthen their efforts on the Rotterdam-Singapore Green and Digital Shipping Corridor.

about 1 year ago
The ACHIEVE team is advancing preparations for the deployment of its CETO wave energy prototype in Spain at the Biscay Marine Energy Platform.
Business Developments & Projects

ACHIEVE program’s team prepares for wave energy prototype deployment in Spain

The ACHIEVE program’s team is progressing with preparations for the deployment of the CETO wave energy prototype in Spain at the Biscay Marine Energy Platform (BiMEP), securing drivetrain components and moving forward with fabrication. According to EuropeWave, key milestones include the procurement

about 1 year ago
Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard
Business Developments & Projects

Sea1 orders second next-generation, methanol-ready OESV pair from Chinese shipyard

Norwegian vessel operator Sea1 Offshore, ex-Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for an additional two next-generation offshore energy support vessels (OESVs), sisters to the two ordered at the end of 2024. Sea1 Offshore placed the order for the first two OESVs wit

about 1 year ago
ETAP facility in the North Sea; Source: BP
Business Developments & Projects

North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS).

about 1 year ago
Karpowership taps MAN ES to deliver dual-fuel engines for newbuild powerships
Business Developments & Projects

Karpowership taps MAN ES to deliver dual-fuel engines for newbuild powerships

Karpowership, Turkiye’s builder, owner, and operator of floating power plants (Powerships), has contracted German engine maker MAN Energy Solutions (MAN ES) to deliver dual-fuel engines for its newbuilds.

about 1 year ago
Prysmian’s two new cable layers fitted with Miros wave monitoring technology
Business Developments & Projects

Prysmian’s two new cable layers fitted with Miros wave monitoring technology

Italian cabling company Prysmian Group has fitted two of its new cable-laying vessels (CLVs) Monna Lisa and Marco Polo with wave monitoring technology from Miros. According to Miros, by integrating the WaveSystem and Miros Cloud technology, the vessels will benefit from improved situational awarenes

about 1 year ago
Safe Scandinavia; Source: Prosafe
Business Developments & Projects

Prosafe gives 1984-built vessel marching orders for recycling after six-year cold layup

Prosafe is parting ways with a 41-year-old anchor-moored semi-submersible tender support and accommodation vessel, which will leave its fleet later this year to go on a recycling mission.

about 1 year ago