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Business Developments & Projects

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Illustration (Courtesy of Kraken Robotics)
Business Developments & Projects

Kraken Robotics secures $2.2M in new projects and funding

Canadian marine technology company Kraken Robotics has secured $2.2 million in new contracts for subsea batteries and synthetic aperture sonar, and funding awards for new projects.

about 5 years ago
An image of Ideol's floating wind foundation
Business Developments & Projects

BW Ideol raises € 57 million in private share placement

The private placement of new shares for BW Ideol has been completed ahead of the new company’s listing on the Oslo Stock Exchange in the coming days. A total of NOK 575 million (€ 57 million) in gross proceeds has been raised: NOK 500 million (€ 50 million) through the placement of new shares and [&

about 5 years ago
CNOOC
Business Developments & Projects

CNOOC brings online new oilfield off China

Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China.

about 5 years ago
Orient Cable sends first offshore wind shipment to Vietnam
Business Developments & Projects

Orient Cable sends first offshore wind shipment to Vietnam

Chinese power cable specialist Orient Cable is about to send off the submarine cables for phase one of the Binh Dai offshore wind project in Vietnam. The company loaded the cables onto the installation barge at Ningbo Orient Cable’s port, which is ready to sail towards the Binh Dai Province in Vietn

about 5 years ago
Stena Carron drillship is working for ExxonMobil off Guyana
Business Developments & Projects

Guyana to see record number of wells in 2021, Rystad says

Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.

about 5 years ago
Excelerate, ExxonMobil to run Albania LNG terminal study
Business Developments & Projects

Excelerate, ExxonMobil to run Albania LNG terminal study

US-based Excelerate Energy and ExxonMobil signed a MoU with the Albanian government to conduct a feasibility study for the development of an LNG project in the Port of Vlora in Southern Albania.

about 5 years ago
Woodside, Trafigura ship first carbon offset condensate cargo
Business Developments & Projects

Woodside, Trafigura ship first carbon offset condensate cargo

Australian major Woodside and its Pluto LNG JV partners have delivered their first cargo of carbon offset condensate to independent commodity trading company Trafigura.

about 5 years ago
Stena Forth drillship drilled the Orinduik wells for Tullow Oil.
Business Developments & Projects

Tullow to keep control of Orinduik licence until 2023

Tullow Oil and partners have renewed the petroleum agreement for the Orinduik block, offshore Guyana with plans to select drilling targets later this year.

about 5 years ago
Illustration/Tidal resource distribution in Wales and Ireland (Courtesy of SELKIE Project)
Business Developments & Projects

SELKIE puts out innovation survey for offshore renewables sector

The EU-backed SELKIE project has designed a detailed industry survey whose aim is to get essential direction on the development of offshore renewable energy innovation systems in Wales and Ireland.

about 5 years ago
Subsea Innovation and Pipeshield win it for Tekmar
Business Developments & Projects

Subsea Innovation and Pipeshield win it for Tekmar

UK-based subsea asset protection Group Tekmar has secured two new contracts through its subsidiaries Subsea Innovation and Pipeshield. Subsea Innovation has won a contract to supply installation tooling to support OPEX activities on an undisclosed operational offshore wind farm. The award follows a

about 5 years ago
First hydrogen-supply chain project to commence operations
Business Developments & Projects

The first hydrogen-supply chain project to start operations

A Japanese-Australian consortium sets off the production of hydrogen from brown coal in the Hydrogen Energy Supply Chain (HESC) pilot project in Australia.

about 5 years ago
Wheatstone platform - Julimar - Woodside
Business Developments & Projects

Green light to Woodside for Julimar operations

NOPSEMA has accepted Woodside’s revised environment plan for the operation of a petroleum pipeline and any other petroleum-related activity on Julimar.

about 5 years ago
An offshore wind farm
Business Developments & Projects

Poland approves PGE and PKN Orlen’s offshore wind joint ventures

The Polish Office of Competition and Consumer Protection (UOKiK) has approved the construction of offshore wind farms through joint ventures between foreign companies and Poland’s Polska Grupa Energetyczna (PGE) and PKN Orlen. The authority issued two decisions on 12 March, one for each of the two P

about 5 years ago
Illustration/Resolute Marine’s wave energy converter (Courtesy of Resolute Marine)
Business Developments & Projects

Resolute Marine joins forces with ReVision to optimize Wave2O technology

US-based marine energy developer Resolute Marine has teamed up with ReVision Consulting for the optimization and adaption of its Wave20 technology as part of the TEAMER project.

about 5 years ago
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