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Business Developments & Projects

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Mantoudi Skiathos Interconnection
Business Developments & Projects

First Subsea guards Skiathos interconnection

UK-based First Subsea has designed and delivered cable protection system for Mantoudi Skiathos Interconnection project. The Interconnection of Skiathos includes the installation of submarine and underground cables in Evia and Skiathos and the construction of a substation. In January last year, Greek

about 5 years ago
Turbine-Installation-Kicks-Off-at-Windpark-Fryslân
Business Developments & Projects

Turbine installation kicks off at Windpark Fryslân

The installation of Siemens Gamesa turbines has begun at the Windpark Fryslân nearshore wind farm in the Netherlands. All of the 89 Siemens Gamesa 4.3 MW turbines are expected to be installed and tested in the IJsselmeer Lake by June. According to project developer, it takes approximately one and ha

about 5 years ago
Illustration/OPT's PB3 operating in the North Sea for Premier Oil (Courtesy of OPT)
Business Developments & Projects

OPT deepens third quarter loss

US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss by $0.3 million in the third quarter of fiscal 2021 as compared to the same period a year earlier.

about 5 years ago
ADES International rig; Source: Transocean
Business Developments & Projects

Saudi Arabian investment fund to buy ADES International

Innovative Energy has made an all-cash $12.5 per share offer to take UAE-based oil & gas drilling and production services provider ADES International into Saudi hands.

about 5 years ago
Map illustration of Neart na Gaoithe location
Business Developments & Projects

Prep works for export cable installation to start at Neart na Gaoithe OWF

Preparation works for the export cable installation for the Neart na Gaoithe offshore wind project are expected to commence in mid-March. The area where the activities will take place is the nearshore extent of the wind farm’s export cable corridor. Two jack-up vessels, Capall Mara and C57 Red Squir

about 5 years ago
Alfa Laval
Business Developments & Projects

Alfa Laval begins testing new fuels to support shipping’s transition

Swedish company Alfa Laval will soon start testing two new types of marine fuels — biofuels (made from waste) and methanol, at its Test & Training Centre in Denmark.

about 5 years ago
Höegh LNG to go private with Morgan Stanley deal
Business Developments & Projects

Höegh LNG to go private with Morgan Stanley deal

Norwegian floating LNG player Höegh LNG has set forth a merger plan with funds managed by Morgan Stanley Infrastructure Partners.

about 5 years ago
Equinor and Polenergia submit CfD applications in Poland
Business Developments & Projects

Equinor and Polenergia submit CfD applications in Poland

Equinor and Polenergia have submitted applications for contracts for difference (CfD) for MFW Bałtyk II and MFW Bałtyk III offshore wind farms located in the Polish Baltic sea. The joint venture partners submitted the applications to the Polish Energy Regulatory Office in accordance with the Polish

about 5 years ago
GreenVoyage2050
Business Developments & Projects

GreenVoyage2050: 11 states intensify efforts to decarbonize shipping

Eleven states from across the globe are partnering in the International Maritime Organization (IMO)-Norway GreenVoyage2050 project, which is supporting the path to decarbonization in the shipping sector.

about 5 years ago
Petrojarl I FPSO is operating on the Atlanta field - Enauta
Business Developments & Projects

Enauta calls for FPSO bids for full development of Atlanta field

Enauta has initiated the bidding process for the FPSO for the Full Development System (FDS) of the Atlanta field located offshore Brazil.

about 5 years ago
ENN cuts stake in Santos
Business Developments & Projects

ENN cuts stake in Santos

China’s ENN Group has reduced its stake in the Australian energy major Santos.

about 5 years ago
Film-Ocean Shilling ROV
Business Developments & Projects

Film-Ocean expanding ROV fleet and workforce

Aberdeenshire-based ROV specialist Film-Ocean has recently invested a six-figure sum in a Schilling heavy duty work class ROV and said it plans to further expand its workforce. The Schilling ROV can operate at depths of up to 4000 metres, supported by an Active Heave Compensation Launch and Recovery

about 5 years ago
Akademik Cherskiy; Source: Gazprom Flot Nord Stream 2
Business Developments & Projects

Second pipelayer to join Nord Stream 2 construction

A second Russian pipe-laying vessel is undergoing sea trials ahead of joining the Nord Stream 2 project, as construction continues despite growing political pressure.

about 5 years ago
Maersk Resolute rig
Business Developments & Projects

Maersk to reactivate jack-up rig for Dutch North Sea job

Maersk Drilling has been awarded a one-well contract by Petrogas E&P Netherlands, which will employ the harsh-environment jack-up rig Maersk Resolute.

about 5 years ago
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